Barry Callebaut AG · SIX:BARN
Barry Callebaut — 9M 2019/20 Earnings Presentation
13 slides from Barry Callebaut's earnings presentation, Jul 9, 2020
Slide 1: COVID-19 and mid-term guidance update
COVID-19 and mid-term guidance update 9-Month Key Sales Figures July 9, 2020 Media/Analyst Webcast
Slide 2: Cautionary note
Cautionary note Certain statements in this presentation regarding the business of Barry Callebaut are of a forward-looking nature and are therefore based on management’s current assumptions about future developments. Such forward-looking statements are intended to be identified by words such as ‘bel
Slide 3: Agenda
AGENDA 9-Month Key Sales Figures 2019/20 COVID-19 impact in third quarter Strategy & Outlook Antoine de Saint-Affrique, CEO Questions & Answers Antoine de Saint-Affrique, CEO Remco Steenbergen, CFO 3 Analyst and Media Webcast - July 9, 2020
Slide 4: Good momentum of first six months impacted by COVID-19 in third quarter; updated mid-term guidance
9-Month Key Sales Figures 2019/20 Good momentum of first six months impacted by COVID-19 in third quarter; updated mid-term guidance Sales volume down –1.3% in the first nine months, due to COVID-19 third quarter sales volume down –14.3% Sales revenue of CHF 5.2 billion, up +0.4% in local currencies
Slide 5: Negative impact of COVID-19 in third quarter
9-Month Key Sales Figures 2019/20 Negative impact of COVID-19 in third quarter Cocoa FY 2018/19 9M 2019/20 Chocolate +5.1% -1.3% +10.6% +8.2% +10.6% +5.3% +10.2% +3.1% +3.0% +1.7% +10.7% +2.5% +7.7% +5.9% +2.5% +2.9% +4.3% +2.5% -14.3% -2.4% -0.9% -14.6% -14.1% Q1 18/19 Q2 18/19 Q3 18/19 Q4 18/19 Q1
Slide 6: All Regions impacted by COVID-19 in third quarter, APAC holding up well
9-Month Key Sales Figures 2019/20 All Regions impacted by COVID-19 in third quarter, APAC holding up well Group Sales volume: Americas EMEA 1,568,878 413,234 715,753 tonnes 26% 46% APAC Global Cocoa 97,228 342,663 6% 22% Volume EMEA Americas Asia Pacific Global Cocoa growth: Q3 2019/20 -17.1% -12.1%
Slide 7: Focus on COVID-19 impact Q3: April worst hit, improving trend
COVID-19 impact in third quarter Focus on COVID-19 impact Q3: April worst hit, improving trend 9M 2019/20 Q3 2019/20 Q4 2019/20 -1.3% -14.3% 10% 10% 10% 0% 0% 0% -10% -10% -10% -20% -20% -20% -30% -30% -30% -40% -40% -40% -50% -50% -50% -60% -60% -60% Q1 19/20 Q2 19/20 Q3 19/20 March’20 April’20 May
Slide 8: Strategy & Outlook
STRATEGY & OUTLOOK 8 Analyst and Media Webcast - July 9, 2020
Slide 9: Continued focus on long-term strategy – agile execution
Strategy & Outlook Continued focus on long-term strategy – agile execution management COVID-19 9 Analyst and Media Webcast - July 9, 2020
Slide 10: COVID-19 – effective crisis management BC CARES
Strategy & Outlook COVID-19 – effective crisis management 3 objectives in managing the COVID-19 pandemic: BC Care: Protect the health of employees Continuity: Maintain operations running and continue to CARES service customers Cash: Ensure access to liquidity by drawing the RCF, continued optimizati
Slide 11: Confident outlook – updated mid-term guidance
Strategy & Outlook Confident outlook – updated mid-term guidance Signs of sales volume recovery in June. Group should rapidly regain momentum as markets are gradually reopening Updated mid-term guidance, valid for the 3-year period 2020/21 to 2022/23, with increased metrics of on average: • +5-7% vo
Slide 12: Keep well, keep safe, keep going
KEEP WELL, KEEP SAFE, KEEP GOING
Slide 13: Q&A session
Q&A session Antoine de Saint-Affrique, CEO Remco Steenbergen, CFO 13 Analyst and Media Webcast - July 9, 2020