Humble Group Ab · OMXSTO:HUMBLE
Humble Group Ab — Investor Presentation (July 2024)
39 slides from Humble Group Ab's investor presentation, July 2024
Slide 1: Investor Presentation Q1 2024
Investor Presentation Q1 2024 1
Slide 2: Important Notice
IMPORTANT NOTICE This presentation and the information contained herein are being presented by Humble Group AB (publ), reg. no. 556794-4797 (the “Company”). By attending a meeting where this presentation is presented, or by reading this presentation, you agree to be bound by the following limitation
Slide 3: Agenda: Business Overview, Segments, Financial Information
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SIMON PETRÉN Founder & CEO BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 4 ABOUT HUMBLE GROUP 16 SEGMENT OVERVIEW 33 PROFORMA DEVELOPMENT 38 2024 FOCUS 7 HUMBLE PLATFORM 17 FUTURE SNACKING 34 Q1 2024 - SUMMARY 10 STRATE
Slide 4: Humble in Short
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS ABOUT HUMBLE GROUP HUMBLE PLATFORM STRATEGIC INITATIVES HUMBLE INCUBATOR INVESTMENT STRATEGY BOARD OF DIRECTORS EXECUTIVE TEAM HUMBLE IN SHORT THE HUMBLE WAY OPERATING NET SALES ADJ. EBITDA Humble Group is a leading FMCG group posi
Slide 5: The Future of FMCG
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS ABOUT HUMBLE GROUP HUMBLE PLATFORM STRATEGIC INITATIVES HUMBLE INCUBATOR INVESTMENT STRATEGY BOARD OF DIRECTORS TEAM EXECUTIVE TEAM THE FUTURE OF FMCG ON A PATH TO DISRUPT THE INDUSTRY OUR VALUES WITH A FUNDAMENTAL MARKET POSITION,
Slide 6: Disruptors have become rock stars over night
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS ABOUT HUMBLE GROUP HUMBLE PLATFORM STRATEGIC INITATIVES HUMBLE INCUBATOR INVESTMENT STRATEGY BOARD OF DIRECTORS TEAM EXECUTIVE TEAM THE NEXT GENERATION OF PURPOSE-LED BRAND FMCG industry Founded 2009 Founded 1994 Founded 2012 Found
Slide 7: Humble Platform
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS ABOUT HUMBLE GROUP HUMBLE PLATFORM STRATEGIC INITATIVES HUMBLE INCUBATOR INVESTMENT STRATEGY BOARD OF DIRECTORS EXECUTIVE TEAM HUMBLE PLATFORM AN ECOSYSTEM TO CATALYZE GROWTH & SUSTAINABILITY ACTIVE PRODUCTS – LTM Q4 2023 TECHNOLOG
Slide 8: Humble Platform: Ecosystem to Catalyze Growth
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS ABOUT HUMBLE GROUP HUMBLE PLATFORM STRATEGIC INITATIVES HUMBLE INCUBATOR INVESTMENT STRATEGY BOARD OF DIRECTORS EXECUTIVE TEAM HUMBLE PLATFORM AN ECOSYSTEM TO CATALYZE GROWTH & SUSTAINABILITY Humble Group applies a decentralized
Slide 9: State of the Art BI Platform
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS ABOUT HUMBLE GROUP HUMBLE PLATFORM STRATEGIC INITATIVES HUMBLE INCUBATOR INVESTMENT STRATEGY BOARD OF DIRECTORS EXECUTIVE TEAM STATE OF THE ART BI PLATFORM REAL TIME FOLLOW UP AND DECISION IMPROVEMENT FOR LOCAL MANAGEMENT Recap 202
Slide 10: Commitment to Long-Term Value Creation
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS ABOUT HUMBLE GROUP HUMBLE PLATFORM STRATEGIC INITATIVES HUMBLE INCUBATOR INVESTMENT STRATEGY BOARD OF DIRECTORS EXECUTIVE TEAM COMMITMENT TO LONG-TERM VALUE CREATION FINANCIAL TRANSACTIONS (LAST 12 MONTHS) OPERATIONAL PROJECTS (LAS
Slide 11: Humble Incubator
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS ABOUT HUMBLE GROUP HUMBLE PLATFORM STRATEGIC INITATIVES HUMBLE INCUBATOR INVESTMENT STRATEGY BOARD OF DIRECTORS EXECUTIVE TEAM HUMBLE INCUBATOR A SWEDISH BRAND FACTORY – CASE STUDY CHALLENGE: Humble Group sought to expand its reach
Slide 12: Fueling Growth Through Strategic Acquisitions
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS ABOUT HUMBLE GROUP HUMBLE PLATFORM STRATEGIC INITATIVES HUMBLE INCUBATOR INVESTMENT STRATEGY BOARD OF DIRECTORS EXECUTIVE TEAM FUELING GROWTH THROUGH STRATEGIC ACQUISITIONS OUR APPROACH TO M&A AND INVESTMENT STRATEGY Key Focus Othe
Slide 13: Board of Directors
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS ABOUT HUMBLE GROUP HUMBLE PLATFORM STRATEGIC INITATIVES HUMBLE INCUBATOR INVESTMENT STRATEGY BOARD OF DIRECTORS EXECUTIVE TEAM BOARD OF DIRECTORS DAJANA MIRBORN PÅL BRUU HENRIK PATEK SARA BERGER OLA CRONHOLM CHAIRMAN OF THE BOARD B
Slide 14: Executive Team
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS ABOUT HUMBLE GROUP HUMBLE PLATFORM STRATEGIC INITATIVES HUMBLE INCUBATOR INVESTMENT STRATEGY BOARD OF DIRECTORS EXECUTIVE TEAM EXECUTIVE TEAM SIMON PETRÉN NOEL ABDAYEM JOHAN LENNARTSSON MARCUS STENKIL KRISTOFFER ZINN Founder & CEO
Slide 15: Business Segments
BUSINESS SEGMENTS HUMBLE GROUP | INVESTOR PRESENTATION 15
Slide 16: Pioneering FMCG for a Sustainable Future
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SEGMENT OVERVIEW FUTURE SNACKING SUSTAINABLE CARE QUALITY NUTRITION NORDIC DISTRIBUTION NET SALES BY MARKET Pioneering FMCG for a LTM Sustainable Future Humble Group is a global conglomerate of ~40 autonomous NORDICS operating enti
Slide 17: Future Snacking
FUTURE SNACKING VISION LEADING PROVIDER OF HIGH-QUALITY SUGAR-REDUCED AND CONFECTIONARY SNACKS. HUMBLE GROUP | INVESTOR PRESENTATION 17
Slide 18: Clear Value Offering Across the Segment
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SEGMENT OVERVIEW FUTURE SNACKING SUSTAINABLE CARE QUALITY NUTRITION NORDIC DISTRIBUTION Proof of concept and innovation with our own brands CLEAR VALUE OFFERING ACROSS THE SEGMENT Attractive concept in contract manufacturing
Slide 19: Future Snacking: Share of Group Net Sales and Adj. EBITDA
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SEGMENT OVERVIEW FUTURE SNACKING SUSTAINABLE CARE QUALITY NUTRITION NORDIC DISTRIBUTION Share of Group Net Sales Share of Group Adj. EBITDA Q1 2024 Q1 2024 The sales trajectory for confectionery and snacks remains robust with a p
Slide 20: Sustainable Care
SUSTAINABLE CARE VISION A MODERN PERSONAL- AND HOME CARE RETAIL PARTNER. HUMBLE GROUP | INVESTOR PRESENTATION 20
Slide 21: Cutting-Edge Personal & Home Care Products
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SEGMENT OVERVIEW FUTURE SNACKING SUSTAINABLE CARE QUALITY NUTRITION NORDIC DISTRIBUTION CUTTING-EDGE PERSONAL & HOME CARE PRODUCTS Strong brands in attractive spaces – showcased competitive challengers to traditional brands. High e
Slide 22: Global Retail Platform With International Reach
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SEGMENT OVERVIEW FUTURE SNACKING SUSTAINABLE CARE QUALITY NUTRITION NORDIC DISTRIBUTION GLOBAL RETAIL PLATFORM WITH INTERNATIONAL REACH AND COMPETITIVE MARKET POSITIONING Sharing of licenses, brands, suppliers and other IP. Cross-s
Slide 23: Sustainable Care: Share of Group Net Sales and Adj. EBITDA
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SEGMENT OVERVIEW FUTURE SNACKING SUSTAINABLE CARE QUALITY NUTRITION NORDIC DISTRIBUTION Share of Group Net Sales Share of Group Adj. EBITDA Solent, the largest entity in Humble, delivered solid topline growth with an improved pro
Slide 24: Quality Nutrition
QUALITY NUTRITION VISION NORDICS: LEADING BUSINESS TO BUSINESS SUPPLIER OF SPORT NUTRITION PRODUCTS. AUSTRALIA: A SPORTS NUTRITION POWERHOUSE. HUMBLE GROUP | INVESTOR PRESENTATION 24
Slide 25: Full-Service Offering Across Multiple Categories
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SEGMENT OVERVIEW FUTURE SNACKING SUSTAINABLE CARE QUALITY NUTRITION NORDIC DISTRIBUTION FULL-SERVICE OFFERING ACROSS MULTIPLE CATEGORIES WITH SCALABLE PRODUCTION AND BRANDS Several leading brands with high recognition in innovative
Slide 26: Commercial Manufacturing Offer
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SEGMENT OVERVIEW FUTURE SNACKING SUSTAINABLE CARE QUALITY NUTRITION NORDIC DISTRIBUTION COMMERCIAL MANUFACTURING OFFER Arena Nutrition enhance Humble's B2B customer experience by delivering a complete portfolio of high-quality prod
Slide 27: Quality Nutrition: Share of Group Net Sales and Adj. EBITDA
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SEGMENT OVERVIEW FUTURE SNACKING SUSTAINABLE CARE QUALITY NUTRITION NORDIC DISTRIBUTION Share of Group Net Sales Share of Group Adj. EBITDA Body Science received an award for “Best New Protein Bar for 2024” relating to its newly
Slide 28: Nordic Distribution
NORDIC DISTRIBUTION VISION NO. 1 DISTRIBUTION PARTNER FOR HEALTHY AND SUSTAINABLE BRANDS HUMBLE GROUP | ANNUAL GENERAL MEETING 28
Slide 29: Consolidation of Runner Up Wholesalers and Distributors
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SEGMENT OVERVIEW FUTURE SNACKING SUSTAINABLE CARE QUALITY NUTRITION NORDIC DISTRIBUTION CONSOLIDATION OF RUNNER UP WHOLESALERS AND DISTRIBUTORS OUR 5-YEAR VISION Be the prioritized partner of Be a competitive wholesale Capitalize o
Slide 30: Prioritized Partner of Choice for Healthy and Sustainable Brands
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SEGMENT OVERVIEW FUTURE SNACKING SUSTAINABLE CARE QUALITY NUTRITION NORDIC DISTRIBUTION THE PRIORITIZED PARTNER OF CHOICE FOR HEALTHY AND SUSTAINABLE BRANDS TO ENTER AND SCALE IN THE NORDICS Humble Channel Segment subsidiary Non-tr
Slide 31: Nordic Distribution: Share of Group Net Sales and Adj. EBITDA
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS SEGMENT OVERVIEW FUTURE SNACKING SUSTAINABLE CARE QUALITY NUTRITION NORDIC DISTRIBUTION Share of Group Net Sales Share of Group Adj. EBITDA Slightly weaker margin levels across the segment, mainly due to prices increases from sup
Slide 32: Financial Information
FINANCIAL INFORMATION HUMBLE GROUP | INVESTOR PRESENTATION 32
Slide 33: Strong Organic Proforma Net Sales Development
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS PROFORMA DEVELOPMENT SUMMARY - Q1 2024 CASH FLOW DEVELOPMENT STRONG ORGANIC PROFORMA NET SALES DEVELOPMENT TREND OVERVIEW SEK million 7 989 NET SALES 6 728 Solid growth every year that we have consolidated proforma (2016). 5 472
Slide 34: Net Sales
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS PROFORMA DEVELOPMENT SUMMARY - Q1 2024 CASH FLOW DEVELOPMENT NET SALES RETAINED GROWTH MOMENTUM IN A CHALLENGING COMPARISON QUARTER Y-o-Y NET SALES DEVELOPMENT Net sales reached MSEK 1,838 (1,592), corresponding to a total growth
Slide 35: Gross Profit
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS PROFORMA DEVELOPMENT SUMMARY - Q1 2024 CASH FLOW DEVELOPMENT GROSS PROFIT SLIGHTLY IMPROVED GROSS MARGIN DESPITE PRICING VOLATILITY Y-o-Y GROSS PROFIT DEVELOPMENT Gross profit amounted to MSEK 566 (484), corresponding to a solid
Slide 36: Profitability
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS PROFORMA DEVELOPMENT SUMMARY - Q1 2024 CASH FLOW DEVELOPMENT PROFITABILITY SOUND PROFITABILITY GROWTH ADJ. EBITDA DEVELOPMENT Y-o-Y ADJ. EBITA DEVELOPMENT Sales & marketing efforts in new ventures and production Growth 168 169 25
Slide 37: Sustained Cash Flow Management
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS PROFORMA DEVELOPMENT SUMMARY - Q1 2024 CASH FLOW DEVELOPMENT Sustained a consistent and strong operating cash flow exceeding SUSTAINED CASH FLOW MANAGEMENT – AFFECTED BY INCREASED PURCHASES +100 MSEK in line with efforts to improve
Slide 38: 2024 Focus
BUSINESS OVERVIEW BUSINESS SEGMENTS FINANCIAL INFORMATION 2024 FOCUS 2024 FOCUS FIVE PRIORITIZED EFFORT AREAS 1. EXECUTE ON STRATEGIC INITATIVES AND ENSURE EFFECTIVE IMPLEMENTATION 2. MAINTAIN HIGH CASH CONVERSION 3. IMPROVE GROSS MARGIN 4. LAUNCH NEW INCUBATOR INIATIVES THAT CONTRIBUTES TO INCREMEN
Slide 39: Simon Petrèn, CEO
SIMON PETRÈN CEO 39 +46 (0) 70 999 94 55 simon@humblegroup.se HUMBLE GROUP | INVESTOR PRESENTATION 39