Mondi Plc · LSE:MNDI
Mondi — Investor Day (September 2013)
14 slides from Mondi's investor day presentation, Sep 2, 2013
Slide 1: Mondi Capital Markets Day
Mondi Capital Markets Day Mondi Group David Hathorn 2 September 2013
Slide 2: Welcome and agenda for today
Welcome and agenda for today Time Session Speaker 1:00 - 1:20pm Introduction and overview of Mondi David Hathorn 1:20 – 1:50pm Packaging Paper Peter J. Oswald / Maciej Kunda 1:50 - 2:25pm Fibre Packaging Peter J. Oswald / Thomas Ott 2:25 - 2:55pm Consumer Packaging Ralph Landwehr Herbert Bader / Dor
Slide 3: Today's speakers – Group management
Today’s speakers – Group management CEO, Mondi Group CFO, Mondi Group Europe & International South Africa David Hathorn Andrew King Peter Oswald Ron Traill l 22 years in industry l 11 years in industry l 21 years in industry l 32 years in industry l 22 years with Mondi l 11 years with Mondi l 21 yea
Slide 4: Today's speakers – Product innovation
Today’s speakers – Product innovation Packaging Paper & Fibre Packaging Consumer Packaging Leo Arpa Rafal Prendke Dr. Herbert Bader Dorothee Sandtel R&D Paper Director Tire Kutsan General Manager MD CP Technologies BD & Innovation Manager l 15 years in industry Paper l 20 years in industry l 4 years
Slide 5: Our journey since Mondi's demerger and listing
Our journey since Mondi’s demerger and listing Share price development (index) and annual underlying EPS (cent / share) Highlights Index (2 July 2007 =100) Cent/share l Compound annual EPS growth 250% 80 of 20% 68.1 69.2 l Cash dividends paid of €0.6 70 billion 200% 60 l In specie dividend distribut
Slide 6: Repositioned business delivering strongly
Repositioned business delivering strongly EBITDA (€ million) and ROCE1 (%) 13.6% 18.0% 9.2% 15.0% 14.8% 16.0% 13.6% Hurdle rate 14.0% 13%12.0% 12.3% 10.0% 10.6% 9.5% 8.0% 7.6% 6.0% 4.0% 2.0% 870 814 645 798 964 923 554 0.0% 2007 2008 2009 2010 2011 2012 H1 2013 EBITDA ROCE % Key milestones: l Mondi
Slide 7: Mondi today – a focused packaging and paper Group
Mondi today – a focused packaging and paper Group Europe & International South Africa Packaging Fibre Consumer UFP Paper Packaging Packaging €1,896m €1,860m €1,167m €1,466m €702m 10% 9% 9% 2012 27% 30% 21% 23% Revenue1 8% 17% 26% 29% LTM 20.1% 12.0% 10.1%3 17.4% 12.8% ROCE%2 Products (1) Pro-forma s
Slide 8: Our strategic pillars
Our strategic pillars Achieve leading Maintain and/or develop leading market positions in our core packaging and market positions uncoated fine paper markets, with specific focus on higher-growth emerging markets Maintain a high-quality, Maintain our low-cost, high-quality asset base by selectively
Slide 9: Our free cash flow priorities
Our free cash flow priorities Maintain investment grade credit metrics Selective capital investment opportunities (optimisation of asset base) Free cash flow priorities Support dividends M&A and / or increased shareholder distributions As l Future growth focused on faster growing packaging segments
Slide 10: Growth priorities
Growth priorities Group 2012 pro forma revenues (%)1 Other 12% Consumer UFP 21% exposed 48% packaging 19% l Growth will be in packaging Industrial packaging l Within packaging, bias towards consumer Packaging exposed packaging Group 2012 sales by destination (%) l A geographic preference for emergin
Slide 11: Half year 2013 highlights
Half year 2013 highlights Underlying operating profit and ROCE Financial € million 14.8% l Record results: ¡ Underlying operating profit up 35% 13.6% ¡ Underlying earnings per share up 60% 13.4% l Cash generated from operations of €431 million, up 21% 272 302 366 l ROCE of 14.8%, well in excess of t
Slide 12: Performance drivers
Performance drivers l Focused on markets enjoying growth: ¡ Geographic exposure – 50% of sales into higher growing emerging markets ¡ Product mix – two-thirds of sales in packaging, typically enjoying structural growth A clear and consistent strategy, l Well invested asset base in regions enjoying l
Slide 13: The Mondi Way
The Mondi Way To create solutions for our customers’ success, delivering exceptional value for stakeholders in a sustainable way Purpose l Leading market positions l High-quality, low-cost asset base Strategy l Customer focused development l Focus on performance l Operational Excellence l Cutting Ed
Slide 14: Forward-looking statements
FORWARD - LOOKING STATEMENTS It should be noted that certain statements herein which are not historical facts, including, without limitation those regarding expectations of market growth and developments; expectations of growth and profitability; and statements preceded by “believes”, “expects”, “an