Berentzen-Gruppe AG · XETR:BEZ
Berentzen-Gruppe — Investor Presentation (March 2020)
24 slides from Berentzen-Gruppe's investor presentation, March 2020
Slide 1: Transformation towards sustainable profitable growth
1 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020
Slide 2: Transformation towards sustainable profitable growth
2 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Transformation towards sustainable profitable growth March 2020
Slide 3: Who we are
3 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Who we are A German beverage specialist with a diversified portfolio and a broad segment coverage Total revenues 2018: EURm 162.2 57.8 % | EURm 93.7 30.6 % | EURm 49.7 11.6 % | EURm 18.8 Spirits Non-Alcoholic Bev
Slide 4: What is driving our markets?
4 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 What is driving our markets? The world is getting more complex and consumer behaviour is changing substantially DIGITALISATION CONSCIOUSNESS NATURALITY DISCOVERY VARIETY CRAFTED TRADE CONCENTRATION MICROBRANDS E-
Slide 5: Our assets to respond
5 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Our assets to respond Our strong fundament enables us to succeed at our transformation ▪ Broad segment coverage for diversified target groups ▪ Trusting relationship to retailers ▪ Fast reaction to grap emerging
Slide 6: Our roadmap to success
6 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Our roadmap to success We are on the way to an integrated, powerful and Acceleration innovative beverage specialist Consumer centric value strategy Sustainable top-line growth Transformation with higher profitabi
Slide 7: Our transformation agenda
7 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Our transformation agenda We strive for profitable growth through innovation and commercial excellence 1. Branded Spirits ▪ Focus on core brands Berentzen and Puschkin (innovation, valorisation, execution) ▪ Capi
Slide 8: Segment strategy spirits
8 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Segment strategy spirits From a traditional, stagnating product portfolio to modern, value driven innovations + Status quo: “classic core” with limited growth Future: “revalued core” + new growth fields ▪ Biggest
Slide 9: Segment strategy non-alcoholic beverages
9 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Segment strategy non-alcoholic beverages From a regional contract filler to a value driven, national brand champion Status quo: limited offer focused on nothern GER Future: extended, valorised portfolio in German
Slide 10: Segment strategy fresh juice systems
10 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Segment strategy fresh juice systems From a volatile start-up to a commercially robust, international innovation leader Status quo: local start-up with int'l spot business Future: commercially solid, int'l innov
Slide 11: Innovation focus 2019 and beyond
11 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Innovation focus 2019 and beyond Fueling sustainable growth through inspiring innovations and premiumisation Non-Alcoholic Beverages Spirits Fresh Juice Systems
Slide 12: Marketing push 2019
12 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Marketing push 2019 Fueling sustainable growth through salient marketing campaigns Marketing Investments 2017 – 2019
Slide 13: Financial highlights
13 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Financial highlights
Slide 14: Financial highlights
14 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Financial highlights We target value generation for all stakeholders Revenues (EURm) EBIT (EURm) + 6.3 % 9,8 + 1.1 % 9,2 162,2 160,4 2017 2018 2017 2018 Net Income (EURm) Dividend Yield Payout ratio 4,5 % 51,0 %
Slide 15: Financial highlights: A solid balance sheet
15 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Financial highlights A solid balance sheet In EURm 12/31/2017 12/31/2018 In EURm 12/31/2017 12/31/2018 Assets Liabilities Intangible assets 12.7 12.1 Non-current financial 7.1 7.1 Property, plant and equipment 4
Slide 16: At a glance: Why to invest?
16 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 At a glance: Why to invest?
Slide 17: Investment highlights
17 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Investment highlights 1. Strong diversified portfolio and broad segment coverage 2. Value creation through portfolio optimisation and trading-up innovations 3. Local market focus with leading market positions an
Slide 18: Additional information
18 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Additional information
Slide 19: The Berentzen-Gruppe AG
19 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 The Berentzen-Gruppe AG Share data as of August 15, 2019 Treasury Shares 2,1% Lazard Frères Gestion (FR) ▪ Market capitalisation: ca. EUR 60m 5,1% ▪ ISIN: DE0005201602 Main First (LU) 8,5% ▪ Bloomberg: BEZ GR ▪
Slide 20: Current broker and company estimates
20 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Current broker and company estimates Min Max Valuation numbers 2018 2019E 2019E 2019E 2019E 2019E Revenue EURm 162.2 164.7 173.4 169.0 167.6 166.9 EBITDA EURm 17.3 17.0 18.8 16.7 18.0 17.9 EBITDA margin % 10.7 1
Slide 21: The Berentzen-Gruppe AG: Management
21 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 The Berentzen-Gruppe AG Management Executive Board Supervisory Board Oliver Schwegmann Ralf Brühöfner Uwe Bergheim CEO CFO Chairman ▪ Member of the board since 2017 ▪ Member of the board since 2007 ▪ Chairman of
Slide 22: Facilities & facts
22 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 The Berentzen-Gruppe AG Facilities & facts ▪ German company with more Haselünne Grüneberg than 250 years of tradition, based in Haselünne, Lower ▪ HQs of Berentzen Group and ▪ Production of NABVs Saxony, listed
Slide 23: Financial calendar and contact
23 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 The Berentzen-Gruppe AG Financial calendar* and contact 2020 Event 9 January ODDO BHF Forum in Lyon, France 4 February Preliminary Business Figures for 2019 26 March Annual Financial Statements and Report 2019 5
Slide 24: Disclaimer
24 BERENTZEN-GRUPPE AG | Transformation towards sustainable profitable growth March 2020 Disclaimer This presentation is intended only for information purposes. It is not final. Where not otherwise mandated by law, the Berentzen-Gruppe Aktiengesell-schaft accepts no obligation with respect to these
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