Agrogeneration Sa · EURONEXT:ALAGR
Agrogeneration Sa — Shareholder Meeting (June 2017)
17 slides from Agrogeneration Sa's shareholder meeting presentation, Jun 29, 2017
Slide 1: AgroGeneration General Meeting – 29 June 2017
June 2017 AgroGeneration General Meeting– 29 June 2017 AgroGeneration SA – 3 de la Pompe Str., 75116 Paris, FRANCE – Tel.: +33 1 56 43 68 60
Slide 2: Among TOP 5 leading crop producing companies
Among TOP 5 leading crop producing companies, of which one of the TOP 3 most effective companies Among TOP 10 largest players on the ag market of Ukraine in terms of controlled land bank French public company, listed on NYSE Alternext in Paris, with 31% free-float Strong management team with a prove
Slide 3: Milestones of 10-year Development – Historical Background
AgroGeneration Milestones of 10-year Development – Historical Background 2016 Further strengthening of the Group’s efficiency, continuing to consolidate operational and financial fundamentals of the business 2015 Spectacular recovery of the balance sheet from the debt burden through successful compl
Slide 4: 2016 Production & Results
AgroGeneration 2016 Production & Results
Slide 5: 2016 Production Performance
2016 Production Production Performance AgroGeneration. 2014-2016 Crop Mix Dynamics(*) Wheat, sunflower, and barley are the main cash producing crops 8% 1% Wheat ~400k tons Rapeseed (along with wheat 11% 7%1% Sunflower produced and sunflower) is one of the annually 9% 33% Barley 4% 1% most profitable
Slide 6: A Solid Commercial Strategy
AgroGeneration A Solid Commercial Strategy AgroGeneration. The List of the Largest Export Direct sales to exporters and processors Purchasers in 2016, k tons Top-tier purchasers: Bunge, Cargill, COFCO, Louis Bunge 25.7 Dreyfus, Glencore, Kernel, ADM COFCO 15.0 Risk hedging through forward contracts
Slide 7: 2016 Full-Year Results
2016 Full-Year Results Profit and Loss Satement - Key Financial Highlights On 2016 crop year, AGG posted an excellent agronomic performance AGG’s pro-active crop management strategy, together with strict cost management, enabled the group to post an EBITDA of €19.4 million and to demonstrate for the
Slide 8: Strong Decrease in Financial Expenses
2016 Full-Year Results Strong Decrease in Financial Expenses Financial expenses declined significantly to €12.4 million versus €19.6 million in 2015 2015 2016 Financial interests 7,852 7,405 Realized forex loss 2,491 1,752 Unrealised forex loss 10,859 2,982 Other loss (gain) (1,646) 362 Net financia
Slide 9: Balance Sheet - Key Financial Highlights
2016 Full-Year Results Balance Sheet - Key Financial Highlights Simplified Balance Sheet as of 31st december 2016 Decrease of Property, Plant and Equipement mainly (in € thousands) 2015 2016 driven by depreciation and forex variation Property, Plant and Equipement 43,070 34,176 Inventories 14,251 25
Slide 10: Outlook
AgroGeneration | Outlook
Slide 11: Food Security Challenges
Food Security Challenges Upward Trend in Prices Although food prices bottomed out in late 2016 and have been World Agricultural Prices Dynamics, USD/ton increasing since then, the current $600 Actual data Projections high level of inventories will suppress food prices during 2017 $500 and part of 20
Slide 12: Mid-term Perspectives
Mid-term Perspectives Develop a virtuous circle 1. Profitablity : EBITDA increase (price increase + economies of scale) 3. Investments : Agricultural Capex + external growth (increase in landbanks 2. Cash : Increase in free cash-flow close to our farms) (Ebitda + decrease in financial costs notably
Slide 13: Appendices – Group Background Information
AgroGeneration Appendices – Group Background Information
Slide 14: Infrastructure & Storage Capacities
AgroGeneration Infrastructure & Storage Capacities AgroGeneration. Infrastructure Map The Company owns storage facilities of up to 240,000 tons, including both elevators and horizontal storage capacities Today AgroGeneration’s farms are quite self- sufficient in terms of securing its crop annually,
Slide 15: Assets Overview
AgroGeneration Assets Overview Around 120,000 ha of farmlands are leased by the Group 94% of lands operated by AGG have completed registration status (the other 6% are in process) The average duration of lease agreements is 10.5 years The Company has a dedicated lease management team with state-of-t
Slide 16: Experienced Operations and Management Team
AgroGeneration Chaired by an Experienced Operations and Management Team Michael Bleyzer Sergey Bulavin Chairman of the Board of Directors Senior Vice President Chairman & CEO of SigmaBleyzer, one of the largest and most Chief Operations Officer experienced private equity investor in Eastern Europe J
Slide 17: Current Shareholders and Investors
AgroGeneration Current Shareholders and Investors AgroGeneration Shareholding Structure as Konkur: of December 31, 2016 Majority shareholder of AgroGeneration Investment holding company 31,3% Controlled by SBF IV (run by SigmaBleyzer) 57,2% 1,2% 4,1% 6,2% Konkur Investment Limited Green Alliance Gra