Bid Corporation Limited · JSE:BID
Bid — Investor Presentation (2015)
22 slides from Bid's investor presentation, 2015
Slide 1: Bidvest Czech Republic Slovakia
Bidvest Czech Republic Slovakia 10,52 mio people 5,41 mio people 78.866 km2 49.035 km2 Czech koruna (CZK) EUR (€)
Slide 2: Czech Republic and Slovakia depots and factories
CZECH REPUBLIC SLOVAKIA 4 distribution depots 2 depots multi-temperature multi-temperature 2 production factories no factory Depot + Factory 1600 employees 180 employees Prague Pilsen Depot Depot + Factory CZ Depot Depot Depot SK PL DE UA AT HU Capital Depot multi-temperature 1
Slide 3: Bidvest CZ and SK
BIDVEST CZ and SK § 25 years of history – established 1990 § Market leader in foodservice in both countries with full country coverage § Majority of products in frozen and fresh products, minority in ambient § Own factories for support of foodservice § No. 2 player in ice cream business § Synergy ef
Slide 4: Czech Republic
CZECH REPUBLIC § 4 depots (Pilsen, Kralupy, Velké Meziříčí, Opava) Øfrozen 35.000 pallets Øfresh 5.000 pallets Ødry 3.500 pallets Pilsen PRAGUE (capital) The last depot in Pilsen opened in May 2015. Plans for 5th depot in 2017/2018. § 350 distribution trucks on the road – multi-temperature distribut
Slide 5: Distribution Trucks
DISTRIBUTION TRUCKS CZECH DISTRIBUTION TRUCK → SLOVAK DISTRIBUTION TRUCK ↓ 4
Slide 6: Czech Republic main items
CZECH REPUBLIC § Main items: Ø fresh and frozen meat Ø fresh and frozen fish Ø dairy products Ø fresh and frozen vegetable Ø frozen potatoes products Ø ice cream Ø frozen bakery 5
Slide 7: Czech Republic own factories
CZECH REPUBLIC § Own factories: v ice cream (the biggest in CZ + SK) v pork and beef deboning v fresh fish production v game production v frozen bakery ICE CREAM PRODUCTION 99% of the volume from factories goes for own distribution. GAME PRODUCTION → 6
Slide 8: CZ - Bakery Production
CZ - BAKERY PRODUCTION crispy fluffy mellowed filling 7
Slide 9: Czech Republic sales representatives
CZECH REPUBLIC § Sales representatives » 45 retail sales representatives » 140 foodservice sales representatives § 30% orders via e-shop and call centrum § The most modern gastrostudio for sales representatives schooling and customers schooling 8
Slide 10: CZ - Gastrostudio
Bidvest Foodservice
Slide 11: Czech Republic
CZECH REPUBLIC § High effectivity of distribution – retail and foodservice distributed altogether (one delivery to one street) § The most modern IT system with influence of house made upgrade § Management ownership since the beginning (5% managers, 95% Bidvest) § Practically no cooperation with inte
Slide 12: Czech Republic
CZECH REPUBLIC § Target on food experts, local restaurants, hotels and hotel chains, school canteens § No logistic services New projects: v game meat factory 2013 100.000 kg yearly 2015 600.000 kg v fresh fish production 2010 20.000 kg monthly and dispatch 2015 130.000 kg monthly v ambient product 2
Slide 13: Czech Republic
CZECH REPUBLIC § Price policy - not the cheapest but the best in service and food support § High incentive program – 30 key employees motivated on long term EBIT § Potential growth – fresh vegetable (TEKOO acquisition 2014) - ambient (up to 35% market share) - growing with the local economy 12
Slide 14: Slovakia
SLOVAKIA § 2 depots (Nové Mesto, Prešov) » frozen 5.000 pallets » fresh 1.000 pallets » dry 610 pallets (capital) § 80 distribution trucks – multi-temperature § 80% foodservice, 20% retail § Main items are similar to Czech Republic, no factories 13
Slide 15: Bidvest Slovakia
Bidvest rv SLOVAKIA
Slide 16: Slovakia
SLOVAKIA § Sales representatives » 25 retail sales representatives » 50 foodservice sales representatives § 10% orders via e-shop and call centrum Basically Slovakia is in Bidvest penetration minimally 5 years behind Czech Republic and it represents only 15% of profit. (sales volume per 1 inhabitant
Slide 17: Product Categories Altogether
PRODUCT CATEGORIES ALTOGETHER 16
Slide 18: Product Categories Retail
PRODUCT CATEGORIES RETAIL 17
Slide 19: Turnover History
Ep Bidvest = Foodservice TURNOVER HISTORY 2008 2009 2010 2011 2012 2013 2014 2015 18
Slide 20: EBIT History
Bidvest Foodservice EBIT HISTORY 2008 2009 2010 2011 2012 2013 2014 2015 19
Slide 21: Summary - Bidvest CZ and SK
SUMMARY - BIDVEST CZ and SK § 16 million people market with potential grow for next 15-20 years § Consolidated business in 2 countries § Absolute market leader with the best logistic services 40.000 foodservice clients 10.000 retail clients § 25 years history § Food production background and distrib
Slide 22: Bidvest CZ and SK
BIDVEST CZ and SK SK – BRATISLAVA CASTLE CZ – PRAGUE CASTLE Looking forward to seeing you in Prague and Bratislava! 21