Orkla Asa · OSL:ORK
Orkla Asa — Investor Day (September 2013)
13 slides from Orkla Asa's investor day presentation, September 2013
Slide 1: Appendices: Financial Performance
Appendices Financial Performance
Slide 2: Orkla Group - Branded Consumer Goods: Organic sales growth
Orkla Group - Branded Consumer Goods Average organic sales growth* of 3% the last 5 years, driven by price Organic sales growth1 6.5% 3.7% 1.9% 1.7% -0.1% -2.3% 2008 2009 2010 2011 2012 RTM H1 2013 137 1. Adjusted for acquired and divested companies, currency translation effects and contract product
Slide 3: Strong local brand positions, high margin level in the Nordics
Orkla Group - Branded Consumer Goods Strong local brand positions, high margin level in the Nordics EBIT margin (adjusted) % 20 1 18 Orkla Home & Personal 16 Orkla Confectionery & Snacks 2 14 Orkla Foods 12 12 Orkla BCG average 10 8 6 4 Orkla Food Ingredients 2 0 Orkla International 2008 2009 2010 2
Slide 4: Branded Consumer Goods: Gross margin and cash conversion
Orkla Group - Branded Consumer Goods Gross margin Cash conversion1 32% 32% 100% 99% 31% 78% 2011 2012 RTM H1 2010 2011 2012 2013 139 1. Cash flow from operations / EBIT (adjusted).
Slide 5: Orkla Foods: Organic sales growth
Orkla Foods Organic sales growth1 3,7% 2,4% 2,0% 0,5% -1,3% -1,5% -1,9% -2,3% 2010 2011 2012 H1 2013 Retail channel All channels 140 1. Adjusted for acquired and divested companies and currency translation effects. Divested bakery business exluded for all years.
Slide 6: Orkla Foods: Consolidation of Rieber will lower EBIT
Orkla Foods RTM EBIT (adjusted) in NOK million EBIT margins (adjusted)1 1,200 14.3% 14.4% 14.0% 13.9% 1,150 12.9% 1,100 1,050 1,000 950 900 850 800 Q4 2009 Q4 2010 Q4 2011 Q4 2012 Q2 2013 2009 2010 2011 2012 RTM H1 2013 •Consolidation of Rieber will lower EBIT margin by around 1.5 - 2% points 141 1.
Slide 7: Orkla Foods: Gross margin and cash conversion
Orkla Foods Gross margin Cash conversion1 33% 32% 105% 29% 88% 81% 2011 2012 RTM H1 2010 2011 2012 2013 142 1. Cash flow from operations / EBIT (adjusted).
Slide 8: Orkla Confectionery & Snacks: Sales growth, EBIT and margin
Orkla Confectionery & Snacks Organic sales growth1 RTM EBIT (NOK million) EBIT margin (adjusted)1 2.5% 17.8% 18.0% 900 1.8% 16.4% 15.9% 1.4% 15.4% 0.5% 800 700 600 -3.6% 500 2009 2010 2011 2012 H1 Q4 Q4 Q4 Q4 2009 2010 2011 2012 RTM 2013 2009 2010 2011 2012 H1 2013 143 1. Divested bakery business ex
Slide 9: Orkla Confectionery & Snacks: Gross margin and cash conversion
Orkla Confectionery & Snacks Gross margin Cash conversion1 36% 36% 35% 101% 101% 76% 2011 2012 RTM H1 2010 2011 2012 2013 144 1. Cash flow from operations / EBIT (adjusted).
Slide 10: Orkla Home & Personal: Operating revenues and organic growth
Orkla Home & Personal Rolling 12 months operating revenues (NOK million) 5,000 4,500 4,000 3,500 3,000 Q4 Q4 Q4 Q4 Q2 2008 2009 2010 2011 2013 Organic sales growth1 2008 2009 2010 2011 2012 Average 6.8% -1.4% 4.8% 1.1% 1.0% 2.5% 145 1. Adjusted for acquired and sold companies, currency translation e
Slide 11: Orkla Home & Personal: RTM adjusted EBIT and margin
Orkla Home & Personal RTM adjusted EBIT1 (NOK million) EBIT margin (adjusted) 800 19.5% 19.4% 750 17.4% 17.4% 16.7% 700 650 600 18.1%1 18.4%1 17.3% 550 16.0%1 500 450 400 31.12.08 31.12.09 31.12.10 31.12.11 30.6.13 2008 2009 2010 2011 2012 146 1. Adjusted for contract production to the process chemi
Slide 12: Orkla Home & Personal: Gross margin and cash conversion
Orkla Home & Personal Gross margin Cash conversion1 51% 50% 117% 49% 95% 88% 2011 2012 RTM H1 2010 2011 2012 2013 147 1. Cash flow from operations / EBIT (adjusted).
Slide 13: Orkla Investor Day, London - September 2013
Orkla Investor Day London - 26 September 2013