AB Akola Group · OMXVSE:AKO1L
AB Akola — AB Linas Agro Group — H1 FY2022/2023 Earnings Presentation
15 slides from AB Akola's earnings presentation, Mar 1, 2023
Slide 1: Overview of activities & finance for 6 months of FY 2022/2023
AB Linas Agro Group Overview of activities & finance For 6 months of FY 2022/2023 1st of March, 2023
Slide 2: Disclaimer
Disclaimer This document might include directly or indirectly expressed forward-looking statements, reflecting assumptions or current view of the Company’s management. Group‘s future performance and results highly depend on the market conditions, regulations, climate changes and other various extern
Slide 3: The Speaker
The Speaker With AB Linas Agro Group since 2020 10 years professional experience including Banking & Shipping industries Master’s degree in Shipping, Trade and Finance / Bayes Business School Bachelor’s degree in Management / University of Leeds Mažvydas Šileika CFO & Contact for Investors m.sileika
Slide 4: Financial highlights H1 2022/2023
Financial highlights 161,085,933* H1 2022/2023 Ordinary shares 216 MCap mEUR EBIT,% P/E 2 1,8 2000 1800 5.3% 2.8% 1.72 4.75 1,6 1,4 1600 1400 H1 22/23 H1 21/22 H1 22/23 H1 21/22 1,2 1200 1 1000 0,8 800 ROCE,% EPS, € 0,6 0,4 600 400 LNA1 (lhs) OMXBBGI 19.2% 7.0% 0.78 € 0.20 € 0,2 200 0 0 H1 22/23 H1
Slide 5: Agribusiness & food group
Agribusiness & food group 69 Subsidiaries Grain, oilseeds, Products and Agricultural services for Food Other feed production farmers companies companies companies companies companies EE 10 10 7 19 3 trading / servicing & farming poultry; pet food, pest merchandising selling products (agricultural fl
Slide 6: Revenues maxing out
Revenues maxing out Segment dynamics Products & services for farming (PSFF) 1 134 Agricultural production (AP) 18% share Grain, oilseeds, and feed (GOF) 856 of total Food products (FP) revenue Other and not allocated to other 19% 475 63% share Revenue in mEUR of total revenue 297 325 329 317 7% 60%
Slide 7: H1 profitability – the bar is set high (Gross profit)
H1 profitability – the bar is set high Gross profit / Segments 107 12 Products & services for farming (PSFF) Agricultural production (AP) Grain, oilseeds, and feed (GOF) Food products (FP) Other and not allocated to other 64 54 Total 51% share of 12 17% total GP Gross profit in mEUR (bars) 11 27 22
Slide 8: H1 profitability – the bar is set high (Operating profit)
H1 profitability – the bar is set high Operating profit / Segments Products & services for farming (PSFF) 60 Agricultural production (AP) Grain, oilseeds, and feed (GOF) Operating profit in mEUR 37 Food products (FP) Other and not allocated to other 23 8 (bars) 4 3 3 5 25 25 H1 2016/17 H1 2017/18 H1
Slide 9: Grain, oilseeds, feed
SINCE 1991 Grain, Key facts oilseeds, feed Main export commodity is Lithuanian and Latvian Gross profit, mEUR wheat 595 thousand tons total ■ Grain storage and preparation ■ Grain 54 capacity ■ Ecologic grain and oilseeds ■ Oilseed of grain storage 7 ■ Compound feed, feedstuff ■ Logistic services 31
Slide 10: Products & services for farming
SINCE 1993 Products & services for farming Gross profit, mEUR Key facts 30 thousand tons total ■ Agricultural machinery capacity ■ Grain storage facilities and farm equipment of seed production plant 36 36 ■ Spare parts and service 2 185 thousand tons total 2 ■ Smart farming system 5 capacity for wa
Slide 11: Food products
SINCE 2013 Food products Key facts Top poultry producer in LV and LT ■ Manufacture and wholesale of flour, flour mixes, breadcrumbs, Gross profit, mEUR Major flour producer in Lithuania breading mixes, instant foods Sole producer of instant ■ Full poultry manufacturing cycle noodles 12 12 in the reg
Slide 12: Agricultural production
SINCE 2003 Agricultural production Gross profit, mEUR Key facts 3 ■ Cereals growing ■ Milk production 19,229 ha – arable land, ■ Rapeseed growing 0 out of which ■ Beef cattle rearing 5,962 ha owned ■ Sugar beet growing 3,284 dairy cows 3 0 close to 11k hectares of arable land 18.3 thousand tons of r
Slide 13: Balance Sheet
Balance Sheet Total assets 31-Dec-2022 S/T debt portfolio mEUR Cash, 23 Intangible Account payables Account receivables assets Inventories (excl. RMI) RMI** 3 S/T debt* WCR 800 Fixed assets 600 285 168 400 213 EUR 1,021m 274 Current 200 168 assets Other non- 156 180 0 776 current -160 -179 -200 BB**
Slide 14: Key events during reporting period / Focus going forward
Key events during reporting Focus going forward period • Dividend pay-out • On 28-Jan, 2023 – decree by Belarusian government (0,0313€ per share) supports concerns over little likeliness of OOO KLM sale within 12 months; with 22/23 Q3 Company's assets and • H1 22/23 and FY21/22 liabilities will be n
Slide 15: Inspired by land and food
Inspired by land and food LinasAgroGroup.lt
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