Ebro Foods SA · BME:EBRO
Ebro Foods SA — Investor Presentation (2014)
26 slides from Ebro Foods SA's investor presentation, 2014
Slide 1: Introduction
03 EBROFOODS Introduction ---------- 10
Slide 2: Introduction
Introduction ---------- 3.1 General description of the organisation 3.2 Our core businesses: rice, pasta and sauces 3.3 Financial highlights
Slide 3: Principal highlights
Principal highlights Ebro Foods is the leading Group in the Spanish food sector ------- Quoted in the electronic continuous trading system of the Madrid, Barcelona, Bilbao and Valencia stock exchanges ------- Operates in the production and marketing of high value-added products in the rice, pasta, s
Slide 4: Ethics and Integrity
Ethics and Integrity The company is governed by the Ebro Foods Group Code of Conduct and Internal Code of Market Conduct. Ebro Foods Group Code of Conduct The Group’s Code of Conduct (COC), approved by the board of directors of Ebro Foods, S.A. on 28 March 2012, is applicable to all the companies in
Slide 5: Internal Code of Market Conduct
The Ebro Group is preparing a multi-year plan of ethical audits made by independent auditors at its workplaces and a selection of supplier workplaces, as mechanisms for monitoring and assessment. Internal Code of Market Conduct The Board of Directors of Ebro Foods, S.A. approved the Internal Code of
Slide 6: Mission, vision and values
Mission, vision and values ---------- The mission of the Ebro Foods Group is to re- search, create, produce and distribute high va- lue-added foods which enhance people’s health and well-being while meeting their nutritional needs. Our vision is to grow sustainably, ensuring ethi- cal conduct and pr
Slide 7: The Group's conduct is guided by the following values
Leadership & Transparency Honesty & Responsibility Integrity & Work Hard culture Strive to generate value The Group’s conduct is guided by the following values Environmental responsibility Service orientation People orientation Innovation & Long-term sustainability EBROFOODS Introduction ----------
Slide 8: Membership of Associations and sectorial organisations
Membership of Associations and sectorial organisations Ebro Foods, S.A. and some of its subsidiaries belong to the following sectorial associations: COMPANY ASSOCIATION GEOGRAPHICAL AREA Herba Ricemills, S.L.U. Federation of European Rice Millers (FERM) Europe Herba Ricemills, S.L.U. Spanish Commerc
Slide 9: Our companies
Our companies All the subsidiaries and associates of the Ebro Foods Group and the Group’s stake in each one are set out in the consolidated financial statements (see point 4 of the Consolidated Annual Accounts for the year ended 31 December 2014). In this regard and pursuant to Royal Decrees 1080/19
Slide 10: Industrial infrastructure
Industrial infrastructure The Ebro Group has, through its subsidiaries, 42 industrial plants in 15 different countries. Spain Netherlands San Juan de Wormer Aznalfarache Coria del Río India Isla Mayor Haryana Jerez de la Frontera Silla Italy Algemesí Gragnano L’Aldea Vercelli La Rinconada Morocco Un
Slide 11: Our core businesses
Our core businesses The core businesses of Ebro Foods are rice and pasta. ---------- Within these businesses, Ebro develops its business model using the different technologies available: dry, fresh, pre-cooked and frozen.
Slide 12: Rice Area
RICE AREA
Slide 13: Rice, international presence: America
Rice, international presence CANADA UNITED STATES * Carlisle (Arkansas) * Brinkley (Arkansas) * Clearbrook (Minnesota) * Freepoort (Texas) * Memphis (Tennessee) AMERICA MEXICO Bahamas Bermuda Belize Curacao Haiti Jamaica Panama Puerto Rico Suriname St Lucia St Martin US Virgin IslandS PERU URUGUAY C
Slide 14: Rice, international presence: Europe, Africa, Asia
EUROPE PORTUGAL BELGIUM AUSTRIA * Coruche * Merksem CZECH REPUBLIC * Schoten ESTONIA SPAIN * S. Juan De Aznalfarache (Seville) DENMARK FINLAND * Coria Del Río (Seville) * Orbaek FRANCE * Isla Mayor (Seville) HUNGARY * La Rinconada (Seville) GERMANY ICELAND * Jerez De La Frontera (Cadiz) * Offingen L
Slide 15: Brands in America
This is the business area in which the Group is world leader. The business began in Spain back in 1950 and as from 1986 it began its international expansion by purchasing leading brands and companies in Europe, USA and Canada. Now also present in Africa and Asia, the division has an extensive MEXICO
Slide 16: Brands in Europe
Brands in Europe Austria Hungary Spain Königs® Riceland® Arroz Rocío® Oryza® SOS® Brillante® Reis Fit® _____ La Cigala® _____ La Fallera® Iceland Panzani® Belgium River® SOS® Bosto® _____ Sundari® Boss® _____ Casi® Lithuania _____ Bosto® Switzerland Oryza® Oryza® Czech Republic _____ _____ SOS® ____
Slide 17: Brands in Africa and Asia
Brands in Africa and Asia MOROCCO AFRICA Angola Arroz Cigala® Arroz Cigala® _____ Cup Riz® Miura® ALGERIA _____ SOS® _____ Mozambique Arroz Cigala® IVORY COAST _____ SOS® _____ Senegal SOS® EgYpt _____ Herba® King of Rice® SudAn Shahraman® Abu Bint® _____ _____ GHANA Golden Rose® Peacock® Oriental Q
Slide 18: Pasta, sauces and others
PASTA, sauces and others
Slide 19: Pasta, international presence: America
Pasta international presence CANADA * Delta (British Columbia) * Hamilton (Ontario) * Montreal (Quebec) UNITED STATES * Fresno (California) * St. Louis (Missouri) * Winchester (Virginia) MEXICO Antigua Bahama Barbados Bermuda Belize Curacao AMERICA Haiti Jamaica Panama Puerto Rico St Lucia St Martin
Slide 20: Pasta, international presence: Europe, Asia, Africa, Oceania
EUROPE FRANCE BELGIUM ITALY * Communay CZECH REPUBLIC * Gragnano * Gennevilliers ESTONIA * La Montre GERMANY * Littoral HUNGARY * Offingen * Lorette ROMANIA * Nanterre SLOVAKIA DENMARK * Saint Genis Laval SPAIN * Orbaek * Saint Just SWITZERLAND * Vitrolles UNITED KINGDOM ASIA AFRICA BAHRAIN INDONESI
Slide 21: Brands in America
This division is represented by the companies New World Pasta (leader in USA and Canada), Panzani (no. 1 in France in the dry and fresh pasta sectors, sauces, couscous and semolina) AND PASTIFICIO LUCIO GAROFALO (ITALY). Apart from these countries, the Group brands are also present in other geograph
Slide 22: Brands in Europe
Brands in Europe Belgium Slovakia Panzani® Panzani® _____ _____ Czech Republic Romania Panzani® Panzani® _____ _____ Estonia Spain Panzani® Ferrero® _____ Garofalo® _____ France Ferrero® United Lustucru® Kingdom Panzani® Garofalo® Regia® _____ _____ SWITZERLAND ITALY Garofalo® Garofalo® Russo de Cic
Slide 23: Brands in Africa, Asia and Oceania
Brands in Africa, Asia and Oceania AFRICA Algeria gabon senegal Lustucru® Panzani® Panzani® Panzani® _____ _____ _____ Ivory coast somalia Angola Panzani® Santa Lucia® Panzani® _____ _____ _____ kenya tanzania cameroon Santa Lucia® Santa Lucia® Panzani® _____ _____ _____ morocco congo Panzani® Panza
Slide 24: Financial highlights
Financial highlights Consolidated figures 2012 2013 2013-2012 2014 2014-2013 CAGR 2013-2011 Net turnover 1,981,130 1,956,647 (1.2%) 2,120,722 8.4% 3.5% EBITDA 299,226 282,392 (5.6%) 287,251 1.7% (2.0%) EBIT 244,319 226,356 (7.4%) 227,242 0.4% (3.6%) Operating profit 255,575 212,907 (16.7%) 217,377 2
Slide 25: Rice Business and Pasta Business results
Rice Business 2012 2013 2013-2012 2014 2014-2013 CAGR 2014-2012 Net turnover 1,105,738 1,090,459 (1.4%) 1,139,697 4.5% 1.5% EBITDA 161,035 137,627 (14.5%) 148,828 8.1% (3.9%) EBIT 133,927 110,156 (17.7%) 121,789 10.6% (4.6%) Operating profit 130,021 102,785 (20.9%) 118,439 15.2% (4.6%) Average curre
Slide 26: EBITDA and sales by geographical areas
55% 45% 2012 55% 45% 2013 54% 46% 2014 RICE PASTA 55% 45% 2012 EBITDA55% BY GEOGRAPHICAL 45% AREAS 2013 9.87% 39.83% 54% 46% 48.77%2014 0.99% 0.54% 2012 RICE PASTA SPAIN 8.24% 42.39% 48.56% 0.38% 0.43% EUROPE 2013 NORTH AMERICA AFRICA 7.19% 46.47% 45.24% 0.45% 0.66% 100% ASIA 2014 80% 60% SALES BY G