Envipco Holding N.V. · EURONEXT:ENVI
Envipco — Investor Presentation (June 2018)
45 slides from Envipco's investor presentation, Jun 26, 2018
Slide 1: ENVIPCO Poised for Growth
for a better future ENVIPCO Poised for Growth Shareholders Presentation – June 26, 2018
Slide 2: Envipco at a Glance
ENVIPCO AT A GLANCE ENVIPCO (ENVI) is a leading global provider of recycling systems and Reverse Vending Machine (RVM) technology since 1986 Envipco is the #2 supplier and operator of RVM Systems in the USA market 6,900 machines installed to date Customer base includes world’s largest retail
Slide 3: Envipco at a Glance (Cont'd)
ENVIPCO AT A GLANCE (CONT’D) Complete range of products covering convenience, retail, supermarkets and recycling centers for handling one‐way containers – QUANTUM (Bulk feed; Deposit and non‐deposit) ‣ Revolutionary customer experience – ULTRA Product Line (Flexible, high speed, single feed) ‣ Ful
Slide 4: North American Market
NORTH AMERICAN MARKET © envipco
Slide 5: North American Activity: Envipco in the Recycling Loop
NORTH AMERICAN ACTIVITY ENVIPCO IN THE RECYCLING LOOP Retailer Consumer Sells to Consumer Returns container to retailer Envipco Pickup Agent Interactive RVM Envipco RVM Transports material Loyalty program, Collects and compacts for processing used beverage Recycle & Reward containers program, etc. E
Slide 6: Envipco North America
ENVIPCO NORTH AMERICA Strong market position defined by: – Stable long term agreements with leading retailers – Growth through increasing market share with existing customers and from competitor sites – Quantum success in Michigan proves our technology leadership – Reputation as a superior service
Slide 7: Ultra HDS Installation – Comstock Park, MI
ULTRA HDS INSTALLATION – COMSTOCK PARK, MI 7
Slide 8: US Quantum (Bulk Feed) MI Launch
US QUANTUM (BULK FEED) MI LAUNCH Michigan market ideally suited to Quantum High container volumes and large footprint bottle rooms Retail launch partner is very satisfied with Quantum, which has lead to additional placements 8
Slide 9: Quantum Indoor – USA
QUANTUM INDOOR — USA »»>
Slide 10: Sort-After
SORT‐AFTER High margin manual redemption program in NYC Utilizes Envipco’s industrial, high‐speed BulkMaster counting machines Continued upward trend on volume via signing of new customers – Sort‐After is a compliance solution for NYC drug store retailers: Walgreens, CVS , Rite‐Aid, etc. Bags
Slide 11: Sweden Market
SWEDEN MARKET for a better future
Slide 12: Sweden Overview - Deposit
SWEDEN OVERVIEW ‐ DEPOSIT Envipco market entry continues to be strongly supported by technology agreement with Returpack (Swedish deposit system operator) Quantum locations continue to grow with 38 Quantum locations installed to date Dedicated sales & services force for Swedish retailers on Fl
Slide 13: Quantum Outdoor Installation - Sweden
QUANTUM OUTDOOR INSTALLATION ‐ SWEDEN 13
Slide 14: France Market Report
FRANCE MARKET REPORT © envipco
Slide 15: France RVM Installations
FRANCE RVM INSTALLATIONS Lemontri (our distributor in France) Current install base includes – 100+ ULTRA 48 – Plans to significantly expand 15
Slide 16: Greece and Cyprus
GREECE AND CYPRUS More than 500 machine install base Company well positioned with existing Greek partner for an expansion 16
Slide 17: Australia Market Report
AUSTRALIA MARKET REPORT © envipco
Slide 18: Australia Market Update
AUSTRALIA MARKET UPDATE Envipco distributor, Envirobank, well positioned to capitalize on positive CDS developments Queensland – New CDS effective Nov 1, 2018 – Envirobank tender decision pending Western Australia – New CDS effective Jan 1, 2020 Confidential & Private 18
Slide 19: EU Deposit Market Report
EU DEPOSIT MARKET REPORT © envipco
Slide 20: Deposit Market Opportunity in Europe
DEPOSIT MARKET OPPORTUNITY IN EUROPE Litter, particularly PET containers, contaminating ocean environments has generated serious consideration of recovery schemes for single‐use beverage containers Deposit‐return systems (DRS) are seen as a highly effective – High redemption rates on targeted pa
Slide 21: EU Current Deposit Markets
EU CURRENT DEPOSIT MARKETS Over 130 million people in the EU alone live in Countries with deposit‐systems 21
Slide 22: EU Current Deposit Markets (Population)
EU CURRENT DEPOSIT MARKETS (POPULATION) Country Population (million) Mandate Enacted Mandate Implemented Croatia 4.3 2005 2006 Denmark 5.6 2000 2002 Estonia 1.3 2004 2005 Finland 5.4 N/A 1996, 2008 (PET), 2012 (GLASS) Germany 81.9 1991 2003 Iceland 0.3 1989 1989 Lithuania 3.0 2014 2016 Netherlands 1
Slide 23: Potential Size of New EU Deposit Markets
POTENTIAL SIZE OF NEW EU DEPOSIT MARKETS Country # of RVMs Timing U.K. 40,000+ 2019/2020 Czech Republic 6,000+ 2019/2020 Greece 5,000 2019/2020 Cyprus 1,000 2019 Australia: • QSL 300 2019/2020 • W.A. 500 2018/2019 Malta 500 2019 23
Slide 24: Other Market Opportunities
OTHER MARKET OPPORTUNITIES Envipco has extensive experience in non‐deposit schemes from technology deployment to consumer attraction Scalable non‐deposit schemes demand the most cost‐ efficient, engineered solutions combined with sustainable financial support systems Legislative mechanisms to
Slide 25: Growth and Profitability
GROWTH AND PROFITABILITY © envipco
Slide 26: Growth Strategy – Focus and Execution
GROWTH STRATEGY – “FOCUS AND EXECUTION” North America – Continued execution on long‐term retailer contracts and competitive opportunities – Leveraging successful QUANTUM launch in the Michigan market leading to additional placements and new retailer relationships Europe – Showcase success in Swe
Slide 27: Envipco Group Segment Analysis 2013-2017
ENVIPCO GROUP SEGMENT ANALYSIS ‐ 2013‐2017 Envipco Group Segment Analysis - Historic 2013-2017 In EURO thousands Audited Audited Audited Audited Audited North America Revenue 2013 2014 2015 2016 2017 40,000 35,000 Revenue €'000 Europe North America 22,428 21,517 28,798 30,143 30,143 30,000 25,000 RO
Slide 28: Financial Overview
FINANCIAL OVERVIEW Envipco Financial Highlights / Key Data 2015 2016 2017 €'000 Audited Audited Audited Fixed assets & Intangibles 15,604 21,564 16,541 Current assets 17,139 19,181 18,509 Current liabilities 9,934 11,823 10,066 Non‐current liabilities 5,192 5,441 4,359 Equity 17,617 23,481 20,625 EB
Slide 29: Investment Opportunity
INVESTMENT OPPORTUNITY Demonstrated Performance against Market Leader – Market share growth in North America (robust results & cash flow) – Successful entry into Swedish market – Disruptive technology, Quantum, changing the paradigm – Successful execution in both deposit and non‐deposit markets –
Slide 30: RVM Installations
RVM INSTALLATIONS © envipco
Slide 31: Flex (In Store) – USA
FLEX (IN STORE) – USA Confidential & Private 31
Slide 32: Ultra Low Volume (Foyer) – USA
ULTRA 48 LOW VOLUME (FOYER) – USA Confidential & Private 32
Slide 33: Ultra Medium Bottle Room – USA
ULTRA 48 MEDIUM BOTTLE ROOM – USA Confidential & Private 33
Slide 34: Ultra Supercenter (Foyer) – USA
ULTRA 48 SUPERCENTER (FOYER) – USA Confidential & Private 34
Slide 35: Ultra Bottle Room – USA
ULTRA 48 BOTTLE ROOM – USA Confidential & Private 35
Slide 36: Ultra HDS Foyer – USA
ULTRA HDS FOYER – USA Confidential & Private 36
Slide 37: Quantum Indoor/Ultra HDS – USA
QUANTUM INDOOR/ULTRA HDS – USA Confidential & Private 37
Slide 38: Ultra Kiosk – Greece
ULTRA 48 KIOSK – GREECE Confidential & Private 38
Slide 39: Quantum Outdoor - Greece
QUANTUM OUTDOOR - GREECE Oerwieco tant JOO KEE & MAALTIKE| NAKYKAQNOYME) 0 MAZI ME\TO M10 | a TIPATONOPIA ANAKYKAQZHE ETON KOZMO ! 39
Slide 40: Ultra Kiosk – Cyprus
ULTRA 48 KIOSK – CYPRUS Confidential & Private 40
Slide 41: Quantum Indoor/Flex - Sweden
QUANTUM INDOOR/FLEX ‐ SWEDEN 41
Slide 42: Quantum Indoor/Flex HDS - Sweden
QUANTUM INDOOR/FLEX HDS ‐ SWEDEN 42
Slide 43: Quantum Outdoor - Sweden
QUANTUM OUTDOOR - SWEDEN »> @envieco *
Slide 44: Quantum Outdoor - Sweden
QUANTUM OUTDOOR - SWEDEN »> yA Op envipco 44
Slide 45: End
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