Kerry Group Plc · EURONEXT:KRZ
Kerry — Investor Day (2021)
34 slides from Kerry's investor day presentation, 2021
Slide 1: Solving Complex Challenges With Differentiated Solutions
Solving Complex Challenges With Differentiated Solutions
Slide 2: Plan for Today
Plan for Today 30 MINS 90 MINS 30 MINS 30 MINS Deep Dive Strategy Performance Sessions Q&A Update and Targets and → Authentic Taste Session → Plant-Based Innovation Business BREAK Summary Overview → Food Waste Solutions → Health & Bio-Pharma → Emerging Markets BREAK © Kerry 2021 | 2 |
Slide 3: Disclaimer: Forward Looking Statements
Disclaimer: Forward Looking Statements This presentation/announcement may contain forward looking statements with projections regarding, among other things, the Group’s strategy, revenues, earnings, trading profit, trading margin, finance costs, tax rate, capital expenditure, dividends, cash flow, n
Slide 4: Our Purpose and Vision
Our Purpose and Vision © Kerry 2021 | 4 |
Slide 5: Creating A World of Sustainable Nutrition
Creating A World of Sustainable Nutrition Enabling our Customers Move Along the Sustainable Nutrition Spectrum Positive & Balanced Nutrition Clean Proactive Label Nutrition Food Safety & Security Personalised Nutrition Social Regenerative Impact Agriculture Nutrition Climate Positive Circular Soluti
Slide 6: Solving Complex Challenges with Differentiated Solutions
Solving Complex Challenges with Differentiated Solutions © Kerry 2021 | 6 |
Slide 7: Taste & Nutrition Strategic Framework
Taste & Nutrition Strategic Framework Key Growth Platforms → Authentic Taste → Plant-Based → Food Waste → Health & Bio-Pharma © Kerry 2021 | 7 |
Slide 8: Reach 2bn People with Sustainable Nutrition
Mid-term targets Volume Growth EBITDA Margin Cash Conversion ROACE (2022-2026) 4-6% 18%+ by 2026 80%+ 10-12% Reach 2bn People with Reduction in Carbon Reduction in Food Waste By 2030 Sustainable Nutrition 55% 50% © Kerry 2021 | 8 | Definition of all metrics are included in the appendix of the Perfor
Slide 9: Why Kerry?
Why Kerry? 3 Strong 4 leadership Kerry isa positions Track record truly unique of value business creation Strategically eaten fag a Winning in a highly , © ‘ growth attractive »“4 strategies et KERRY @at g
Slide 10: © Kerry 2021 | 10 |
© Kerry 2021 | 10 Kerry isa truly unique business 3 Strong leadership positions 4 Track record of value creation 2) Winning growth “4 strategies
Slide 11: Strategically Positioned Within a Dynamic and Evolving Industry
Strategically Positioned Within a Dynamic and Evolving Industry Consumer Business to Consumer Business to Business Digital Raw Material Channel Producers F&B F&B Retailers Manufacturers Value-Add Ingredients & Solutions Foodservice Channel © Kerry 2021 | 11 | Source: Kerry Market Estimates
Slide 12: Evolution of the '&' Consumer
Evolution of the ‘&’ Consumer Today Sustainability Impact Digital centricity and connected consumer and Purpose & 2010’s Plant-Based Options & Rise of Millennials and impact on consumption Functional Food for Sustainable Brands Specific Health & Wellness Needs 2000’s & New World Tastes & Governments
Slide 13: The Industry Continues to Move to Integrated Solutions
The Industry Continues to Move to Integrated Solutions Kerry Leading the Way Integrated Solutions Single Ingredient Multiple Ingredients © Kerry 2021 | 13 |
Slide 14: Solving Customer Challenges With Differentiated Solutions
Solving Customer Challenges With Differentiated Solutions © Kerry 2021 | 14 |
Slide 15: © Kerry 2021 | 15 |
1 Strategically positioned in a highly attractive industry © Kerry 2021 | 15] 3 Strong leadership positions 4 Track record of value creation 5 Winning growth J © strategies
Slide 16: A Unique Taste & Nutrition Company
A Unique Taste & Nutrition Company Continuously reinventing ourselves over the past 50 years © Kerry 2021 | 16 |
Slide 17: Our Business Today Taste & Nutrition – Unique Position & Market Access
Our Business Taste & Nutrition – Unique Position & Market Access Today Food 70% Beverage 25% €7bn Pharma 5% 76% Retail 24% Foodservice Group Revenue €1bn Group EBITDA Global ~1/3 Regional ~1/3 148 Local ~1/3 Production Locations 22,000 Employees Americas 54% 22 Core Technologies Europe 24% 25 Proces
Slide 18: Key Ingredients to our Success
Key Ingredients to our Success Our People 22,000+ Employees Technology & Innovation 121+ Nationalities 110+ Integrated Languages Solutions © Kerry 2021 | 18 |
Slide 19: Technology & Innovation
Technology & Innovation Key Ingredients Underpinning Growth through our Leading Capabilities to our Success Customer Innovation Our People Consumer focused differentiated customer products Technology & Underpinned by commitment to Innovation Integrated advancing innovation for a world of Consumer In
Slide 20: Technology & Innovation: Next Generation Innovation
Technology & Innovation Key Ingredients Underpinning Growth through our Leading Capabilities to our Success Next Generation Innovation Metabolomics Proteomics Our People Extractions Bioinformatics Technology & Hydrolysis Underpinned by commitment to Natural Pigments Innovation Precision advancing in
Slide 21: How We Create Value Through Integrated Solutions
Key Ingredients How We Create Value Through Integrated Solutions to our Success Our People Technology & Innovation Integrated Solutions Our broad range of Core Technologies across Taste and Nutrition are enabled through our Process Technologies, embedded in our Integrated Technologies and help us to
Slide 22: © Kerry 2021 | 22 |
© Kerry 2021 | 22 Kerry isa truly unique business 1 Strategically positioned in a highly attractive industry 4 Track record of value creation 5 Winning growth i © strategies
Slide 23: Leadership Positions Across All Dimensions of Our Business
Leadership Positions Across All Dimensions of Our Business Market Leader in Meat & Meat Alternatives #1 Solutions Partner for Beverage Kerry Pharma Solutions used in 6 of top 10 Blockbuster Drugs Leading Solutions Partner for CPG’s & Own-Brands #1 Globally in the Foodservice Channel Leadership Posit
Slide 24: © Kerry 2021 | 24 |
Kerry isa truly unique business 1 Strategically positioned in a highly attractive industry © Kerry 2021 | 24 | 3 Strong leadership positions 5 Winning growth © strategies
Slide 25: History of Financial Delivery and Value Creation
History of Financial Delivery and Value Creation Strong Growth Since 1986 Revenue Trading Profit Adjusted EPS €7.0bn €797m 345c +9% +13% +12% CAGR CAGR CAGR €337m €14m 7.6c © Kerry 2021 | 25 | See 2020 Annual Report for definition of metrics
Slide 26: Delivering Strategic Value Through Acquisitions
Delivering Strategic Value Through Acquisitions Strategic Strategic Value Acquisitions Strategic Priorities Creation New Technology Emerging Taste Nutrition Markets New Functionality Red Arrow Wellmune New Applications Ganeden Fleischmann’s New Geographies Ariake USA Jining Nature New Customers BioK
Slide 27: Strategic Value Creation & Business Development
Strategic Value Creation & Business Development New New New Technology Functionality Applications Nature New New New New Customers Geographies Channels Solutions © Kerry 2021 | 27 |
Slide 28: Value Creation and Growth in Emerging Markets
Value Creation and Growth in Emerging Markets Deep Local Deployment Building 10% Teams €1.6bn Target Volume Growth 1Kerry +10% CAGR Relationships Investing Local Understanding Kerry’s locally-led approach – successfully deployed over 25+ years 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 © Kerr
Slide 29: © Kerry 2021 | 29 |
Kerry isa truly unique business 1 Strategically positioned in a highly attractive industry © Kerry 2021 | 29 | 3 Strong leadership positions 4 Track record of value creation
Slide 30: Winning With Authentic Taste
Winning With Authentic Taste Breadth and Depth Leading Technical Unique Market across Our Leading Expertise at the Access Technology Portfolio Intersection of Taste & Nutrition © Kerry 2021 | 30 |
Slide 31: A Radicle™ Approach to Plant-Based Innovation
A Radicle™ Approach to Plant-Based Innovation Leading Plant- Expertise in Fully Integrated Based Portfolio Culinary Craft Approach with & Science Radicle™ © Kerry 2021 | 31 |
Slide 32: Solving the Food Waste Challenge
Solving the Food Waste Challenge Food Waste is Capabilities and The potential for an attractive, high Solutions to help Sustainable Nutrition growth market our customers Impact is endless end to end © Kerry 2021 | 32 |
Slide 33: Health & Bio-Pharma
Health & Bio-Pharma Clinically Food & Nutrition backed Beverage empowered technology Applications by Taste portfolio Expertise © Kerry 2021 | 33 |
Slide 34: Classified as General Business
Classified as General Business