Slide 1: Net sales grew by 40 per cent
NET SALES GREW BY 40 PER CENT Fodelia Oyj Business Review January-March 2021 CEO Mikko Tahkola and CFO Kati Kokkonen
Slide 2: January-March and business overviews, other occasions, questions
1 January-March and business overviews 2 Other occasions and future views 3 Questions
Slide 3: January-March 2021
1/3 January-March 2021 @ Fodelia
Slide 4: January-March 2021
1 2 3 January-March • The Group’s net sales grew by 40% (EUR 2,133,000) January-March 2021 • EUR 1,569,000 of the growth came from new businesses and EUR 214,000 from snacks • Feelia foodservice net sales decreased due to restaurants’ opening restrictions and due to working from home and home- schoo
Slide 5: January-March main points: EBIT behind objectives
1 2 January-March main points 3 Group’s EBIT was behind objectives and weaker than the year’s overall views January-March 2021 • Things affecting EBIT • Things supporting the better EBIT development for the rest of the year • The decrease of Foodservice net sales which is important to Group’s EBIT d
Slide 6: Key figures
1 2 Key figures 3 January-March 2021 Fodelia Oyj Fodelia Oyj Fodelia Oyj Group 1-3/2021 1-3/2020 Change-% 1-12/2020 Net sales 7 520 5 387 39.6 22 963 EBITDA 350 252 38.9 1 695 % of net sales 4.7 4.7 7,4 EBIT -40 32 -226.1 839 % of net sales -0.5 0.6 3,7 Profit for the period -99 -38 -161.7 623 % of
Slide 7: Real Snacks
Real Snacks Tasty snacks and potato crisp products
Slide 8: Strong growth in private label products
1 2 Strong growth in private label products 3 • Real Snacks Oy’s net sales grew by 12,8% in January-March and January-March 2021 the growth was strong in private label -products • The strong weight on private label –products decreased the company’s profitability, and the introduction of the new pack
Slide 9: Investment of packaging machine
1 2 Investment of packaging machine 3 Enables growth and brings cost efficiency to year January-March 2021 2021 Finnish Kotimaista vitality kasvuvoimaa and growth
Slide 10: Feelia
Feelia Resbonsible pre-cooked food
Slide 11: Net sales grew due to strong e-commerce growth
1 2 3 Net sales grew due to strong e-commerce growth January-March 2021 • Feelia’s net sales increased by 7.2% in January-March • Feelia’s net sales increased in the consumer e-commerce, but the foodservice net sales decreased due the restrictions of openings in restaurants and other changes in cons
Slide 12: The extension of Feelia's factory is about to be completed
1 2 The extension of Feelia’s factory is about to be 3 completed January-March 2021 • The extension of Feelia’s factory is about to be completed • The extension of 5,00 square meters makes it possible to increase production capacity, streamline production operations and respond to the growing demand
Slide 13: A new order system developed for the needs of care homes
1 2 A new order system developed for the needs of care homes 3 from Feelia January-March 2021 • Feelia develops its order processes, and it will soon deploy a new digital system for supplying food to care homes • This system has been developed to meet the needs of care homes, and it makes easy to ta
Slide 14: Case Eteva
1 2 3 Case Eteva January-March 2021 • In March 2021 Feelia made a contract with the joint local authority of Eteva for supplying food for over 70 different Eteva locations • The contract was the largest individual contract in group’s history • The value of the contract is about EUR 1.5 million per y
Slide 15: Feelia's e-commerce for consumers grew strongly
1 2 3 Feelia’s e-commerce for consumers grew strongly January-March 2021 • The net sales of e-commerce grew by 157% in January- March and represents over 12% of the group’s net sales • Sanna Kittelä has started 1.2.2021 as the leader of the e- commerce unit • The unit was incorporated 1.5.2021 (FodN
Slide 16: Fodbar
3 2 January-March 2021 1 Fodbar
Slide 17: Fodelia's solutions for public food services
1 2 3 Fodelia’s solutions for public food services January-March 2021 1 Single products from Feelia 2 Outsourcing food preparation to Feelia 3 Outsourced service including food and staff from Fodbar Finnish vitality and growth
Slide 18: Fodbar is an easy and cost-effective solution for outsourcing municipal food services
1 2 3 Fodbar is an easy and cost-effective solution for outsourcing municipal food services January-March 2021 • Fodbar combines the expertise of Fodelia’s subsidiary Feelia Oy and Barona HoReCa Oy, part of the Bravedo Group. Current model of municipal food services • Pre-cooked food producer Feelia
Slide 19: Fodbar won the outsourcing contract of the Municipality of Kärsämäki
1 2 Fodbar won the total outsourcing contract for the food and 3 cleaning services of the Municipality of Kärsämäki January-March 2021 • Fodbar won the total outsourcing contract for the food and cleaning services of the Municipality of Kärsämäki • Winning the outsourcing contract reinforces the vie
Slide 20: Perniön Liha and Pita Factory
1 2 3 January-March 2021 Perniön Liha and Pita Factory
Slide 21: Perniön Liha and Pita Factory
1 2 3 Perniön Liha and Pita Factory January-March 2021 • Perniön Liha Oy’s and Pita Factory Oy’s net sales were EUR 1,569,000 in total • The normal seasonal variations affected especially Perniön Liha’s product demand, therefore the sales and EBIT weighes more on the summer and the end of the year •
Slide 22: Other occasions and future views
2/3 Other occasions and future views
Slide 23: Fodelia's management team from 1.2.2021
1 2 3 Fodelia’s management team from 1.2.2021 Other occasions • The Fodelia group’s management team from 1.2.2021 includes: • Mikko Tahkola, CEO of Fodelia Oyj • Kati Kokkonen, CFO of Fodelia Oyj • Arja Kastarinen, CEO of Real Snacks Oy • Rami Himanto, CEO of Perniön Liha Oy • Jukka Ojala, CEO of Fe
Slide 24: Registration of new shares
1 2 Registeration of new shares 3 • 15.12.2020 was communicated the acquisition of Perniön Liha Oy and the directed share issue executed because of that. The shares (234,799) subscribed in the directed share issue were registered in trade register 13.1.2021 Other occasions • 16.12.2020 was communica
Slide 25: The Annual General Meeting
1 2 3 The Annual General Meeting • The Annual General Meeting was held at 20.4.2021 Other occasions • The Annual General meeting was held without shareholders’ or their agents presence to ensure the safety and health of shareholders’, company’s personnel and other stakeholders’ and this arrangement
Slide 26: Forecast for 2021
1 2 3 Forecast for 2021 Other occasions • The company estimates that the net sales are EUR 30-35 million and the EBIT is estimated to be approximately 5-8% of net sales. It’s estimated that the growth of net sales and profitability will align more to the other half of the year • Company’s medium-ter
Slide 27: Questions?
3/3 Questions? @ Fodelia
Slide 28: We help build a sustainable future for the Finnish food industry
We help build a sustainable future for the Finnish food industry by offering clean, local and responsibly produced food.
Slide 29: Thank you!
Kiitos! Thank you! mikko.tahkola@fodelia.fi