Swedencare AB · OMXSTO:SECARE
Swedencare AB — Investor Presentation (September 2024)
26 slides from Swedencare AB's investor presentation, September 2024
Slide 1: Swedencare - Your pet's health, our priority
46° SWEDENCARE Your pets healt - Our priority
Slide 2: Swedencare at a glance
Swedencare at a glance 560 Strong growth Offices in 52% 9 2,3MD 1,8MD Own 0,8MD production 0,2MD employees 48% 84% in house 2020 2021 2022 2023 countries Nutraceuticals 12 +65 and Rx countries acquisitions sold to since June 2020
Slide 3: Our story
Our story Swedencare's story began with a groundbreaking discovery in the 1970s by the Swedish dentist Dr. Sune Wikner, who noticed significant improvements in his patients' oral health linked to a specific type of seaweed. This discovery prompted further investigations, resulting in the establishme
Slide 4: Since its early days, Swedencare has experienced continued growth and profitability
Since its early days, Swedencare has experienced continued growth and profitability year after year. In 2014, new ownership and a revised business plan set the stage for more rapid expansion, with increasing marketing and sales and a stronger, wider global presence. This momentum led to acquisitions
Slide 5: Vont op SWEDENUAR- .
Vont op SWEDENUAR- . ‘9 s SWEDENCARE fi SWEDENCARE o- OF a AW Naturvet \ e. y 2g SWEDENCARE # SWEDENCARE 2 ‘GREECE SWEDENCARE
Slide 6: M&A Timeline
M&A Timeline 2020 2022 Stratford Animal Pharm Nutravet InnoVet Vetio UK (CVP) NaturVet 2021 2023 2024 Vetio US & Canada RX Vitamins Pet MD Vet Buyers Direct Riley’s MedVant
Slide 7: Our strong brands
Our strong brands Swedencare and its subsidiaries are strong in most therapeutic areas. Our customers all over the world find health-promoting and recognised products for most of what their pets need for their well-being. From the external to the internal, from fur, eyes and ears to oral health, gas
Slide 8: Animal pharmaceuticals and other brands
Nutravet® VetWELL® Natural nutritional supplements and dietary Products formulated by veterinarians supplements to promote daily health and for external use in pets. well-being for dogs, cats and horses, available for both veterinary clinics and online. Rx Vitamins® for Pets Stratford Animal Health
Slide 9: Wide product, geographical, channel and distribution range
Wide product range Wide geographical range Wide channel range Wide distribution range Topicals /dermatology North America Pet Own brands ProDen PlaqueOff® Europe Online Contract manufacturing Nutraceuticals Rest of the World Vet Private label
Slide 10: Product- and brandsplit
Product- and brandsplit PHARMA 4% (5%) OTHER 4% (4%) TOPICALS/ 17% (18%) DERMATOLOGY 12% (12%) 23% (27%) 11% (9%) OTHER 5% (5%) 20% (16%) 7% (7%) NUTRACEUTICALS DENTAL 51% (50%) 15% (12%) PRIVATE/CO LABEL 3% (4%) TREATS 2% (1%) 26% (30%)
Slide 11: Wide portfolio for clearer market presence
Wide portfolio for clearer market presence Dermatology & Grooming Swedencare's product portfolio Energy & Recovery and therapeutic areas Stress & Anxiety Joints & Mobility Immune system Gastrointestinal General health Urinary tract Skin & Coat Metabolism Oral health Behaviour Probiotics Wounds Muscl
Slide 12: Swedencare's value chain
Swedencare’s value chain * * 8 f& & #@ RAW MATERIALS CDMO SALES. CHANNELS CONSUMERS, Rew materials a = nes 4. Vet External External External research & production distributors 5. Private label development 6. Licensing agreomonts #2 SWEDENCARE
Slide 13: Pet industry - a booming market
Pet industry - a booming market Expected growth from $320 billion to $500 billion by 2030* Key drivers: The US pet industry is resilient, and it's been New owners strong over time: through the recession of 2007, after this recession, into economic recovery, during Increased pet spending a global pan
Slide 14: Pet industry - a booming market
Pet industry - a booming market 12-14% 12.5% Estimated growth of the ecommerce market by 2027 increased lifespan of cats & Key drivers: dogs between 2010-2022* Convenience 12.3 YEARS 14 YEARS 2010 2022 Accessibility 11.6 YEARS 12.9 YEARS 21 2010 2022 Wide product range Owners up to Owners 55 years m
Slide 15: Agile, Caring, Professional - business concept and financial targets 2026
Swedencare's origins are in dental care products for pets. The goal over the years has been for. premium products to reach a wider international market. At the same time, the ambition has the offering to include health products in more therapeutic areas than just dental health. an evolution from a d
Slide 16: Our values
Our values At Swedencare, our values of Agility, Professionalism, and Caring are the cornerstones that guide our conduct and decisions. These principles are crucial, providing a unified direction for our team and ensuring our commitment to pet health is evident in our actions. They compel us to adap
Slide 17: Priorities 2024
Priorities 2024 Growth and profitability and lowering debt level Closing right partners for NaturVet in Big box retail retail for 2025 and onwards Evaluating move from external to internal concerning manufacturing and online sales Product launches and development Focus on strategic partnerships and
Slide 18: Financial information
Financial information For detailed financial information, including the latest quarterly figures, reports, key performance indicators, and more, please visit our website.
Slide 19: Rolling 4 quarters
Rolling 4 quarters 2021 2022 510 210 8 SWEDENCARE
Slide 20: Shares
Shares 2023 Shareholder Ownership Representative of the Board of 60 Directors and management hold Symrise AG 41,1% the capital and shares 50 40 Håkan Svanberg & Co Health Care AB 14.5% 59.7% JCC Group Invest Sweden AB (Johan Bergdahl) 4.7% 30 First Swedish National Pension Fund 3,8% 20 Mastan AB (Hå
Slide 21: Sustainability
Sustainability For Swedencare, sustainability means that we take long-term responsibility for the environmental, social, and financial impact that our operations have on our planet. We are working to implement a structure that ensures that we reduce our impact as far as possible. Swedencare closely
Slide 22: Management
Management Responsible to provide a business plan in line with the BoDs strategic and financial targets. Responsible for financial planning, questions and communication with the stock exchange. The CEO of the Company, together with the managing directors of the subsidiaries, are responsible for prod
Slide 23: Board of Directors
Board of Directors Responsible for the Company’s strategic, financial targets and, together with the management, for the strategic planning. Extensive experience of international sales, marketing as well as a wide international network. Håkan Svanberg* Johan Bergdahl* Heinz-Jürgen Bertram President
Slide 24: Swedencare's legal organisation
Swedencares legal organisation
Slide 25: Vision and Mission
Vision Our vision is to establish ourselves as one of the leading company within Pet Health Care on all larger markets. Mission We care about improving the health and wellbeing of pets, creating reassurance for the pet parents, worldwide and throughout life.
Slide 26: Swedencare
SWEDENCAR Your pet's health - Our priorihy