Grifal Spa · MIL:GRAL
Grifal Spa — Investor Presentation (May 2023)
17 slides from Grifal Spa's investor presentation, May 2023
Slide 1: Investor Presentation — May 2023
Investor Presentation — May 2023
Slide 2: Key people
Key people Fabio Gritti Andrea Cornelli Paolo Frattini President Vice President CFO CEO Chief Strategist Innova:on Officer Investor Relations Over 40 years of experience Over 40 years of experience 8 years of experience in the in the industry in the industry industry and over 25 years in similar roles
Slide 3: Technology and Innovation: IP Protected
Tecnology and Innovation: IP Protected Mondaplen® and Mondaplen® 2.0 cArtù® Product: 2 or 3 sheets of polyethylene foam (or other flexible and head- Product: New kind of corrugated cardboard weldable materials), laminated by hot air and pressure. Innova-on: flute heights of 10-20, each flute is border
Slide 4: cArtù® is the sustainable alternative to other packaging materials
cArtù® is the sustainable alternative to other packaging materials Only 7 mm cArtù®, thanks to its structure and to the extraordinary height of its flutes, is a superior Traditional corrugated cardboard, with its sinusoidal flutes, do not provide effective packaging material in terms of: cushioning.
Slide 5: cArtù® is the sustainable alternative to other packaging materials
cArtù® is the sustainable alternative to other packaging materials Grifal has set the ethical and business goal to promote cArtù® as a sustainable alternative to the traditional plastics and corrugated cardboard used in the packaging industry. Bubble film Styrofoam EPE foam (wrapping and bags) (cont
Slide 6: The packaging market in Italy, in Europe and globally
The packaging market in Italy, in Europe and globally Estimated annual values Italy: 15 Bn. € Europe: 111 Bn. € The packaging market is Global: 370 Bn. € very large and represents progressively increasing value in Italy, Europe, and Italy: 9 Bn. € in the world as a whole. Europe: 73 Bn. € Global: 36
Slide 7: Sustainable technology
Sustainable technology To fill any given volume, cArtù® saves up to 70% of raw material compared to traditional corrugated cardboard. -70% raw material 100% of the paper used to produce cArtù® is PEFC™ or FSC® certified (sourced from sustainably managed forests). 7
Slide 8: Sustainable technology
Sustainable technology An independent study showed that the production of cArtù® reduces the emission of carbon dioxide up to… -80% CO2 …when compared to equal volumes of packaging materials made from plastic or traditional corrugated cardboard. 8
Slide 9: Sustainable technology
Sustainable technology cArtù® is 100% recyclable, easily disposed of in normal municipal recycling programs. The production of cArtù® requires low energy consumption: only 2% of total production costs. cArtù® reduces by 90% the volume of material that needs to be disposed of by the end of the produc
Slide 10: References
References | GRIFALGROUP IMAGINE - DISCOVER - CREATE ADD amazon @ ARISTON BAXI 2 BIANCHI bhemo Be’ @ DePadoa [Qjelectroux 2 elICa enel x ESTEE LAUDER flex ElFABER FRANKE, GEWi55 Vp anezs Haier Kartell LavATIN magimix rh Molteni&C NOKIA MARELLI PegPerego essesmeg STELEANTIS lexa Veneta Cucine
Slide 11: Business development strategy
Business development strategy Network of production sites: Creation of a network of production sites, both company-owned and in partnerships, dedicated to the production and transformation of cArtù® and to the sale of cArtù® based eco-sustainable packaging solutions. 11
Slide 12: Sustainable business development
Sustainable business development Target investment request for new cArtù® production site: 2 M € Turnover generated at full capacity: 10 M € Ebitda at capacity: 2M€ Average break-even: 12 months 12
Slide 13: Market verticals
Market verticals Organic growth Growth through partnership The Timisoara plant, located in Romania, was inaugurated Grifal Group has partnered with José Neves Embalagens, a in 2021. It currently supplies cArtù® to multinational leader in the packaging sector with 40 years of experience manufacturers
Slide 14: KPI's for cArtù®
KPI's for cArtù® TOTAL CARTÙ SALES CUMULATIVE CARTÙ SALES BY YEAR 14 MM€ € 12,180K 26 MM€ 12 MM€ 100% 24 MM€ 10 MM€ 8 MM€ 22 MM€ € 6,226K 6 MM€ 50% 20 MM€ € 3,062K 4 MM€ € 1,998K 25% 2 MM€ € 797K 18 MM€ € 251K 13% € 85K 5% 0 MM€ 0% 1% 2016 2017 2018 2019 2020 2021 2022 16 MM€ 2022 CARTÙ SALES CUMULA
Slide 15: KPIs for GRIFAL GROUP
KPIs for GRIFAL GROUP fara 163,390K somme 48,560K 48,000K 36,876K 26,065K 20Mme 7 a 20200 20214 20236 2024 = = = Turnover Turnover Turnover ‘Actual Bancalntesa Banca Finnat GRIFAL GROUP TOTAL ANNUAL TURNOVER: ACTUAL & ACCORDING TO ANALYSTS GRIFALGROUP IMAGINE - DISCOVER - CREATE GRIFAL GROUP EBITDA
Slide 16: KPIs for GRIFAL GROUP
KPIs for GRIFAL GROUP Jim] GRIFAL GROUP IMAGINE - DISCOVER - CREATE NFP & NFP/EBITDA: ACTUAL & ACCORDING TO ANALYSTS 24MME 70 60 counts 20,73K 18,865K 18,500K 18,424K 5.0 16 MME 40 12MME 3.0 MME 20 4MME 10 OMMe 0.0 2021A 2022A 2023E 2024E NEP NEP NFP NFP/Ebitda NFP/Ebitda NFP/Ebitda Actual Bancainte
Slide 17: Thank you
Thank you Grifal S.p.a. Via XXIV Maggio 1, 24055 Cologno al Serio (BG), Italy investor.relations@grifal.it