Wegrow Ag · XETR:ZN2
Wegrow — Investor Presentation (September 2024)
23 slides from Wegrow's investor presentation, September 2024
Slide 1: WeGrow-Group: Solutions for a Sustainable Planet
WeGrow-Group SOLUTIONS FOR A SUSTAINABLE PLANET September 2024
Slide 2: Global Challenges
GLOBAL CHALLENGES Continued heavy forest loss and enormous demand for timber Global forest loss continues ... 2001 to 2023: A total of 488 million hectares of trees were lost worldwide, which corresponds to a decline of around 12% since 2000.1 2023: Global forest loss increased by around 24 % to
Slide 3: The WeGrow Group's Solution
THE WEGROW GROUP'S SOLUTION Sustainable timber production from A to Z Covering the entire value chain based on self-developed hybrid varieties of the kiri tree, probably the fastest growing tree in the world - thereby increasing the global wood supply: sustainable, fast, non-invasive and outside of
Slide 4: Historie: Important milestones
HISTORIE Important milestones Foundation of WeGrow GmbH Further (today: WeGrow European plant internationalisation Commissioning Germany GmbH) Development of variety through cultivation New in-vitro of the technical 1st harvest of as a spin-off of the horticultural First own in-vitro protection for
Slide 5: Group Structure
GROUP STRUCTURE Continuous expansion of added value *1% - 2% is held by WeGrow Beteiligungs-GmbH 5
Slide 6: Management
MANAGEMENT High level of industry and technical expertise Dipl.-Volksw. Allin Gasparian Founder and since 2021 CEO of WeGrow AG Head of Finance, Sales, Strategy and Human Resources Private and guest lecturer at Fresenius University of Applied Sciences and the University of Bonn 2003 to 2008: S
Slide 7: Business Area Plants
BUSINESS AREA PLANTS Strongly growing core business Market-leading supplier of young plants of what is probably the world's fastest-growing tree species 4 hybrid kiri tree varieties developed and patented in-house: can be harvested from 3 years of age, non-invasive, optimum climate zone coverage
Slide 8: Advantages of the patented kiri tree hybrid varieties
BUSINESS AREA PLANTS Advantages of the patented kiri tree hybrid varieties from WeGrow Plant variety protection for the 4 non-invasive kiri tree hybrid varieties extends to 27 EU countries and for individual varieties to 12 non-European countries, including the USA. As a sustainable alternative
Slide 9: Business Area Plants: On course for growth
BUSINESS AREA PLANTS On course for growth Number of young plants sold Number of countries supplied 850.000 47 39 35 449.858 25 285.415 133.000 2021 2022 2023 Per 31.08.2024 2.024 2021 2022 2023 Per 31.08.2024 2024 9
Slide 10: Business Area Timber Farming
BUSINESS AREA TIMBER FARMING Sustainable wood production outside forests 3 own „Timber Farms“: Kiri wood cultivation areas outside of forests with approx. 400 ha (of which approx. 60 % on behalf of third parties) in Germany and Spain Currently managed tree population of over 300,000 kiri trees
Slide 11: Germany's first organic wood comes from WeGrow
BUSINESS AREA TIMBER FARMING Germany's first organic wood comes from WeGrow Germany's first kiri wood from organic farming Cultivation on agricultural land as a short rotation plantation (instead of forest) enables organic certification Weed control is mechanical; organic fertilisers are appli
Slide 12: From laboratory to harvest with renewable energy
BUSINESS AREA TIMBER FARMING From laboratory to harvest with renewable energy 100 % of the electricity required for growing young plants in the cultivation rooms from our own solar energy In-house developed LED system with a 50% reduction in energy requirements compared to conventional lighting
Slide 13: Outlook: Wood production without land consumption
BUSINESS AREA TIMBER FARMING Outlook: Wood production completely without land consumption Food production (example) Food production with Kiri intercropping Yield for farmers : Yield for farmers (on the same area): 5 tonnes of food 5 tonnes of food + kiri wood + CO2 certificates 13
Slide 14: Timber Products: Highest demands on circularity
BUSINESS AREA TIMBER PRODUCTS Highest demands on circularity Sawn timber: Concentration on direct marketing to bulk buyers Customised cut sizes Limitation of the standard range to a few top-selling items KiriBloX®: Expansion of the wood product range to include solid wood construction modu
Slide 15: Tree processing with 100% material utilisation efficiency
BUSINESS AREA TIMBER PRODUCTS Tree processing with 100 % material utilisation efficiency Branches, crown material Insulation and building materials KiriTherm®, 3 to 6 year old KiriDur® trees Solid wood building Module elements modules Kiri tree KiriBloX® 15
Slide 16: KiriBloX
BUSINESS AREA TIMBER PRODUCTS Sustainable construction with KiriBlox® KiriBloX® AS SIMPLE AS THAT Modular solid wood construction system Made from 3-year-old kiri trees 100% natural product No glue, no metal, no plastic, no chemical surface treatment Fire resistance class REI 90 High ins
Slide 17: Growth Strategy
GROWTH STRATEGY Focus on further organic growth Business area Plants Business area Timber Farming Business area Timber Products Market entry in the USA in 2026 Successive expansion of cultivation areas Expansion of the timber product range to include recyclable timber construction Expansion
Slide 18: Balance sheet of WeGrow AG
FINANCIAL INFORMATION Balance sheet of WeGrow AG in EUR 31.12.2023 31.12.2022 Aktiva Fixed assets 19.465.000 19.465.000 Current assets 3.557.798 867.712 Cash at banks 416.605 293.839 Balance sheet total 23.439.402 20.626.551 Passiva Equity capital 21.970.161 20.247.214 Contributions made to implemen
Slide 19: Profit and loss statement of WeGrow AG
FINANCIAL INFORMATION Profit and loss statement of WeGrow AG in EUR 2023 2022 Sales revenue 754.877 334.671 Other operating income 2.309 9.604 Cost of materials 18.786 166.411 Personnel expenses 127.615 84.000 Other operating expenses 610.946 92.641 Other interest and similar income 69.853 35.472 In
Slide 20: Selected consolidated financial figures of the WeGrow Group
FINANCIAL INFORMATION Selected consolidated financial figures of the WeGrow Group (unaudited) in EUR H1 2024 2023 2022 Sales revenue 3.253.909 4.440.246 3.847.523 Balance sheet total 61.910.763 49.545.810 45.962.072 Fixed assets 53.868.209 41.087.115 33.047.257 Equity capital 33.797.442 18.079.404 1
Slide 21: Summary: Highlights of the WeGrow Group
SUMMARY Highlights of the WeGrow Group 1 Sustainable construction is and remains a growth market. 2 WeGrow is on the cusp of becoming a major supplier of innovative and ecological timber construction products. Own patented kiri tree hybrid varieties secure access to what is probably the world's fast
Slide 22: Contact
CONTACT WeGrow AG Kehn 20 47918 Tönisvorst Germany Phone: 0049(0)2156-48498-10 Email: [email protected] Web: www.wegrow.de 22
Slide 23: WeGrow AG group companies and websites
WeGrow AG WeGrow CropTec GmbH & Co. KG KIRITEC GmbH www.wegrow.de www.wegrow-croptec.com www.kiritec.eu