Emmi Ag · SIX:EMMN
Emmi — Investor Day (November 2013)
11 slides from Emmi's investor day presentation, Nov 5, 2013
Slide 1: International expansion of Emmi: Consequences for the finance strategy
International expansion of Emmi: Consequences for the finance strategy Emmi Investor Day Jörg Riboni, CFO Emmi Group Emmen, 5 November 2013 Emmi strategy Financing profile Challenges for the finance strategy Financial outlook 1
Slide 2: Emmi reaches the next phase of internationalisation
Emmi Corporate Development Emmi reaches the next phase of internationalisation à Switzerland à Switzerland + Export à Switzerland + Export + critical size à Switzerland + Export + international platforms + local businesses Local businesses International platforms Export Switzerland Emmi Investor Day
Slide 3: Emmi's strategic pillars
Emmi’s strategic pillars Reinforced international footprint and increased competitiveness Strengthen the position in Switzerland International growth Cost management Emmi Investor Day, 5 November 2013, Jörg Riboni Page 5 Net sales 2002 – 2012 and mid-term objective Steady increase of international s
Slide 4: Financial position: Capital structure and key financial figures
Emmi strategy Financing profile Challenges for the finance strategy Financial outlook Financial position: Capital structure and key financial figures Position as per 30 June 2013 Healthy funding Balance sheet total CHF 2,329 million § A strong equity base and low debt factor are the prerequisites fo
Slide 5: Financial position: Balanced financing at competitive costs
Financial position: Balanced financing at competitive costs Debt overview Debt maturity profile 30.09.2013 in CHF million Committed credit lines CHF 90 million 300 250 Total financial debt CHF 668 million 200 Bilateral bank credits and loans CHF 158 million 150 253 1944 1952 202 1909 2045 Promissory
Slide 6: Group configuration: Overview
Emmi strategy Financing profile Challenges for the finance strategy Financial outlook Group configuration: Overview CEO Main challenges from a finance point of view Corporate Development Finance & Controlling / Legal International Operations HR § Clear separation of Group functions from Swiss operat
Slide 7: Priorities in financial management
Priorities in financial management Selection of priorities which pay off most Treasury management Focus on value management Harmonise and standardise processes Emmi Emmi Investor Day, 5 November 2013, Jörg Riboni 2020 Page 13 Harmonisation and standardisation Gaining efficiency and effectiveness by
Slide 8: Increased focus on value management
Increased focus on value management Net working capital Key financial figures • Days sales outstanding (DSO): 50 days • Days inventory outstanding (DIO): 55.9 days • Days payable outstanding (DPO): 52.2 days • Operating net working capital in % of sales: 14.2 % Property, Plant & equipment (PPE) and
Slide 9: Management of Emmi Economic Profit on all value drivers
Management of Emmi Economic Profit (EMEP) on all value drivers Focus on the development of EMEP Emmi Change in Change in Change in Emmi Economic Profit EMEP due to EMEP due to cost EMEP due to Economic Profit t=0 growth efficiency capital efficiency t=1 Traditional focus on profit Additional focus o
Slide 10: Medium-term objectives – % organic growth per year at Group level
Emmi strategy Financing profile Challenges for the finance strategy Financial outlook Medium-term objectives 2 – 3 % organic growth per year at Group level Growth without acquisitions, profit § Group sales 2 to 3 % § Sales Switzerland stable § Sales International 6 to 8 % § Net profit margin 2.5 to
Slide 11: Emmi Investor Day, 5 November 2013, Jörg Riboni Page 21
Emmi Investor Day, 5 November 2013, Jörg Riboni Page 21 11