Astarta Holding Plc · GPW:AST
Astarta — Q1 2019 Earnings Presentation
8 slides from Astarta's earnings presentation, May 20, 2019
Slide 1: Interim results for the three months ended 31 March 2019
on the interim results for the three months ended 31 March 20419 — ~ ASTARTA Holding N.V. agri-industrial holding
Slide 2: Disclaimer
DISCLAIMER This presentation is being provided to you solely for your information and may not be reproduced or further distributed to any other person or published, in whole or in part, for any purpose. This presentation comprises the written materials/slides for a presentation concerning ASTARTA Ho
Slide 3: Farming Segment Overview
FARMING SEGMENT OVERVIEW Key considerations Commodities price performance, EUR/t ✓ 54% share in the consolidated revenues 200 ✓ Revenues more than doubled to EUR62m on back of 190 Source: APK-inform improved prices for key grain crops and higher sale 180 volumes of corn from the record harvest in 20
Slide 4: Sugar
SUGAR SEGMENT OVERVIEW Key considerations World and Ukrainian sugar price performance, EUR/t ✓ Revenues down by 44% y-o-y to EUR20m on back 330 of lower volume sales and prices 310 ✓ EBITDA declined by 58% to EUR2m 290 ✓ As of mid-May Ukrainian farmers planted sugar 270 beet under the area of 220 kh
Slide 5: Soybean Processing
SOYBEAN PROCESSING SEGMENT OVERVIEW Key considerations Soybean products price performance, EUR/t Source: APK-inform ✓ Soybean processing volumes increased to c. 63 kt (+6% y-o-y). Production of the soybean meal amounted to 46kt (+5% y-o-y), soybean oil – 12 kt (+8%) and husk – 4 kt (+20%) ✓ Producti
Slide 6: Dairy
DAIRY SEGMENT OVERVIEW Key considerations Ukrainian milk price performance, EUR/t 280 ✓ Revenues increased by 16% y-o-y to EUR9m on growth of the selling price by 24% y-o-y to 270 EUR303 per ton due to rebalancing in the client 260 Source: Milk Ua portfolio and improved quality of milk 250 ✓ EBITDA
Slide 7: Key Financial Results
KEY FINANCIAL RESULTS Key consolidated financial results EURm 1Q 2018 1Q 2019 ✓ Revenues increased to EUR116m, or by 28% y-o-y, due to Revenues 90,6 115,8 solid performance by the agricultural and the soybean Cost of sales -78,3 -102,3 processing segments Revaluation of biological assets 6,3 6,1 ✓ H
Slide 8: Key Financial Results: Free Cash Flow
KEY FINANCIAL RESULTS FCF 1Q 2019 - 33 40 0,1 29 12 ( 6) - ( 12) - - 1 Other Other D&A EBIT CAPEX FV of BA OCF FCF WC changes FCF 1Q 2018 0,4 4 14 9 22 ( 9) (0,2) ( 6) 12 Other Other D&A EBIT CAPEX OCF FCF FV of BA WC changes ASTARTA HOLDING N.V. 8