Baywa Ag · XETR:BYW
Baywa — Investor Presentation (April 2016)
45 slides from Baywa's investor presentation, April 2016
Slide 1: BayWa Group Corporate Presentation 2016
BayWa Group Corporate Presentation 2016 As of April 2016
Slide 2: The BayWa Group At a Glance
The BayWa Group At a Glance Our Company Leading trading and services group Core segments of Agriculture, Energy und Building Materials Corporate culture based on cooperative roots Founded in Munich in 1923 Approximately 17,000 employees Over 3,000 locations in 34 countries Worldwide ca
Slide 3: Segment Breakdown
The BayWa Group Segment Breakdown Our Structure BayWa Agriculture Energy Building Materials BAST BAV Fruit Conventional BayWa r.e. Building Materials (BayWa Agri (BayWa Agrar Supply & Trade) Vertrieb) Energy renewable energy Digital Agricultural Farming Equipment BayWa AG, Investor Relations April 2
Slide 4: Management Board
The BayWa Group Management Board Our Executives Prof. Andreas Helber Roland Schuler Matthias Taft Reinhard Wolf Klaus Josef Lutz Chief Financial Management Board Management Board Management Board Officer Member Member Member Chief Executive Joined BayWa in 2000 Joined BayWa in Joined BayWa in
Slide 5: 90 Years of BayWa
90 Years of BayWa Milestones Our History 1923 1920s 1950s 1960s 1970s Founding in Mechanisation of the First Agri. Equip. Increasing meat consumption: First DIY & Garden Munich farming industry sales locations feed factories expanded Centres; Investment in petrol stations 2009 2002 1999 1998 1980s F
Slide 6: Business Model and Corporate Strategy
The BayWa Group Business Model and Corporate Strategy Our Direction Business Model Strategy: Core Elements Customers Markets Farmers Agriculture End customers Energy/ Profitable growth of the Group Industry renewable Commerce energies Internationalisation of business Trade Buildi
Slide 7: Internationally Positioned
The BayWa Group Internationally Positioned Our Presence Countries in which companies of BayWa Group are based Countries in which BayWa Group has sales offices BayWa AG, Investor Relations April 2016 7
Slide 8: Brand Values
The BayWa Group Brand Values Our Values Umsätze Brand 2012 [in Mio. Euro] Values BayWa – the strong partner As a strong partner, BayWa stands for: Trust: the basis for a strong partnership Innovation: the development of new products and solutions for a partnership that is fit for the future So
Slide 9: Key Financial Figures
The BayWa Group Key Financial Figures Our Data Umsätze 2012 Revenues 2015[in[inMio. EUR Euro] bn] Operating EBIT 2015 [in EUR m] 14.9 191.8 68% 10.1 46% 87.2 22% 3.3 40% 77.2 10% 1.5 14% 27.4 BayWa AG, Investor Relations April 2016 9
Slide 10: Key Financial Figures Multi-year Comparison
The BayWa Group Key Financial Figures Multi-year Comparison Revenues EBIT Dividend - Price-induced decline in - Earnings increase in a - Steady increase in dividend revenues (crude oil) challenging market payment environment worldwide - ≈ 57% of revenues generated - Dividend yield of around abroad i
Slide 11: Share
The BayWa Group Share Our Data Dividend 2015: € 0.85 Share Price Development 2015/2016 Shareholder Structure Bayerische Raiffeisen- Freefloat Beteiligungs AG 39.6% 35.2% BayWa (Sec. code no. 519 406) Stock exchanges Frankfurt, Munich, Xetra Segment Official Market/Prime Standard Stock exch. index SD
Slide 12: Industry Trends & Business Segments
Industry Trends & Business Segments BayWa AG, Investor Relations April 2016 12
Slide 13: Global Challenge in the Agriculture Segment: High-Quality Food for Everyone
Global Challenge in the Agriculture Segment: High-Quality Food for Everyone Our World The Facts: By 2050, the world’s population will grow by another 2 billion, reaching 9 billion people. Increasing prosperity in newly industrializing countries is leading to changes in eating habits and increasi
Slide 14: Agriculture Segment
Agriculture Segment One-Stop Expertise Our Business in 2015 € 10.1 bn Revenues, 10,094 Employees, 68% of Group Revenues Trading and sales of agricultural products, input resources, agricultural equipment and fruit. Significant position as a full-line supplier: Largest agricultural trader in Germ
Slide 15: BAST (BayWa Agri Supply & Trade)
Agriculture Segment BAST (BayWa Agri Supply & Trade) Our Success Procurement and sale of agricultural products worldwide Product portfolio comprises grain, oilseeds and supplementary products Trading of more than 30 million tons of grain and oilseeds a year Global supply chain management and
Slide 16: BAV (BayWa Agrar Vertrieb)
Agriculture Segment BAV (BayWa Agrar Vertrieb) Our Success Collection, screening, processing, drying and storage of agricultural products Dense network with more than 230 locations in Germany Cooperation with around 470 warehouses in Austria Provision of own storage capacities for products a
Slide 17: Fruit
Agriculture Segment Fruit Our Success One of the leading fruit traders worldwide Year-round supplier of pome fruit from all over the world Diversified fruit portfolio with focus on soft & stone fruit, tropical fruit and vegetable fruit Global trademark rights for the apple varieties Kanzi®,
Slide 18: Agricultural Equipment
Agriculture Segment Agricultural Equipment Our Success Leading agricultural equipment trader: One of the largest in Europe No. 1 in Germany Exclusive sales rights for the AGCO Group brands (Fendt, Massey Ferguson, Valtra and Challenger) in Southern Germany and parts of Eastern Germany as wel
Slide 19: Digital Farming
Agriculture Segment Digital Farming Our Success Active shaping of digitalisation in agriculture, with vendor-neutral solutions for Smart Farming and Precision Farming, e.g. for site-specific application With the “Agrar Office” software, leading supplier in Farm Management for large-scale farms
Slide 20: Global Challenge in the Energy Segment: Clean Energy to Combat Climate Change
Global Challenge in the Energy Segment: Clean Energy to Combat Climate Change Our World The Facts: A growing world population combined with a rising standard of living in newly industrializing countries is leading to increasing demand for energy. This higher demand conflicts with greater ecologi
Slide 21: Energy Segment
Energy Segment Sustainable Solutions for a Brighter Future Our Business in 2015 € 3.3 bn Revenues 1,825 Employees 22% of Group Revenues Organised into the business units of Conventional Energy and Renewable Energies Conventional Energy encompasses the sale and distribution of fossil-based and re
Slide 22: Conventional Energy
Energy Segment Conventional Energy Our Success Strong position in the heating oil trade: Largest independent trader in Southern Germany One of the largest in Austria Market leader in environment-friendly rapeseed-based lubricants Market leader in wood pellets in Southern Germany Extensiv
Slide 23: BayWa r.e. renewable energy
Energy Segment BayWa r.e. renewable energy Our Success Full supplier for the renewable energies business Presence in the most important markets in Europe as well as North America and Southeast Asia About 1,430 MW capacity added to the grid (wind farms and solar parks) Project rights for 1,00
Slide 24: Global Challenge in the Building Materials Segment
Global Challenge in the Building Materials Segment: Building Efficiently and Ecologically Our World The Facts: The average person spends 90% of his or her time in enclosed spaces. The air pollution indoors can be up to 50 times higher than outside. Construction is changing – worldwide there is
Slide 25: Building Materials Segment
Building Materials Segment More Than Just Building Materials Our Business in 2015 €€ 1.5 1.5 bn bn Revenues Revenues 4,178 4,093 Employees Employees 10% 10% of of Group Group Revenues Revenues Selling and supplying building materials of all kinds to commerical and private customers Finding quali
Slide 26: Building Materials
Building Materials Segment Building Materials Our Success Second-largest building materials trader in Germany 221 locations in Germany and Austria Highly qualified specialists: 100+ trained energy consultants Efficiency: over 2,000 truck deliveries per day, on average More than 290,000 sat
Slide 27: Global Challenge: Doing Business Sustainably
Global Challenge: Doing Business Sustainably Our World The Facts: Economic success is only possible in the long term if it creates added value for society and keeps negative environmental effects to a minimum. BayWa’s Contribution: BayWa works continously to keep the effects of their products an
Slide 28: Sustainability at BayWa
Sustainability at BayWa Trading through the generations Our Four Strategic Fields of Action Environment/Climate Employees Quality of Life Market BayWa focusses on the BayWa offers a safe and BayWa creates added value BayWa supports their intelligent use of natural appreciative workplace by: for soci
Slide 29: Outlook: Corporate Goals
Outlook Corporate Goals Our Future Ensuring Independence Preserving shareholders’ interests: BayWa should remain a worthwhile investment for its shareholders in the years to come and beyond Ensuring appealing returns Ensuring Sustainability Profitable and sustainable business in the long term
Slide 30: Contact
Contact BayWa AG St.-Martin-Str. 76 81541 Munich Germany Telephone: +49 (0)89 9222-0 Fax: +49 (0)89 9222-3448 www.baywa.com
Slide 31: Appendix: Strategically Relevant Affiliated Companies
Appendix: Strategically Relevant Affiliated Companies BayWa AG, Investor Relations April 2016 31
Slide 32: BayWa r.e. renewable energy GmbH
Affiliates BayWa r.e. renewable energy GmbH Our Growth Company: BayWa r.e. renewable energy GmbH Headquarters: Munich, Germany Revenues: ca. EUR 1.0 bn Employees: approx. 840 BayWa stake: 100% Locations: Austria, Croatia, Denmark, France, Germany, Italy, Japan, Mexico, Poland, Romania, Singapore, Sp
Slide 33: BayWa Agrar International B.V.
Affiliates BayWa Agrar International B.V. Our Growth Company: BayWa Agrar International B.V. BayWa Agrar Headquarters: Rotterdam, The Netherlands International B.V. Revenues: ca. EUR 4.7 bn Employees: approx. 360 BayWa Cefetra BayWa stake: 100% Agri BMTI Cefetra Cefetra Iberica Romania B.V. B.V. S.p
Slide 34: BayWa Agrarhandel GmbH
Affiliates BayWa Agrarhandel GmbH Our Growth Company: BayWa Agrarhandel GmbH Headquarters: Steimbke, Germany Agrarhandel GmbH Revenues: ca. EUR 450 m Employees: approx. 230 BayWa stake: 100% Port locations: seaports in Mukran and Vierow; inland ports on the Weser and Midland Canal Business regions:
Slide 35: T & G Global Ltd.
Affiliates T & G Global Ltd. Our Growth Company: T & G Global Ltd. Headquarters: Auckland, New Zealand Revenues: ca. EUR 510 m Employees: approx. 2,200 BayWa stake: 73% Locations: Australia, Belgium, Canada, Chile, China, Fiji, Japan, New Zealand, Peru, Singapore, South Africa, UK, USA Main products
Slide 36: TFC Holland B.V.
Affiliates TFC Holland B.V. Our Growth Company: TFC Holland B.V. Headquarters: Maasdijk, The Netherlands Revenues: ca. EUR 66 m Employees: approx. 50 BayWa stake: 68.4% Stategic success factors: global sourcing network (40 countries); focus on ready-to-eat fruits prepared in own cold stores and matu
Slide 37: BayWa Obst GmbH & Co. KG
Affiliates BayWa Obst GmbH & Co. KG Our Growth Company: BayWa Obst GmbH & Co. KG Headquarters: Munich, Germany Obst GmbH & Co. KG Revenues: ca. EUR 55 m Employees: approx. 150 BayWa stake: 100% Locations: 7 locations in the regions of Lake Constance and Neckar Main products: dessert pome fruit (appl
Slide 38: RWA Raiffeisen Ware Austria AG
Affiliates RWA Raiffeisen Ware Austria AG Our Growth Company: RWA Raiffeisen Ware Austria AG Headquarters: Vienna, Austria Revenues: ca. EUR 2.4 bn Employees: approx. 1,830 BayWa stake: 50% + 1 share Locations: 871 Business areas: agriculture, agricultural equipment, building materials, DIY & garden
Slide 39: „Unser Lagerhaus“ WHG mbH
Affiliates „Unser Lagerhaus“ WHG mbH Our Growth Company: „Unser Lagerhaus“ WHG mbH Headquarters: Klagenfurt, Austria Revenues: ca. EUR 487 m Employees: approx. 1,046 BayWa stake: 51.27% Locations: 104 Business areas: agriculture, agricultural equipment, energy, DIY & garden centers, building materia
Slide 40: BayWa Vorarlberg HandelsGmbH
Affiliates BayWa Vorarlberg HandelsGmbH Our Growth Company: BayWa Vorarlberg HandelsGmbH Headquarters: Lauterach, Austria Revenues: ca. EUR 72 m Employees: approx. 190 BayWa stake: 51% Business areas: agricultural products, DIY & everyday products, building materials, petroleum products, farming and
Slide 41: RI Solution GmbH
Affiliates RI Solution GmbH Our Growth Company: RI Solution GmbH Headquarters: Munich, Germany Revenues: ca. EUR 59 m Employees: approx. 265 BayWa stake: 89.66% Business areas: IT consulting, IT project planning, IT development and implementation, rollout, operation and maintenance of software solut
Slide 42: Appendix: Group Financials
Appendix: Group Financials BayWa AG, Investor Relations April 2016 42
Slide 43: Income Statement
Group Financials Income Statement Our Business in 2015 in EUR m 2011 2012 2013* 2014* 2015 ∆14/15 (%) Revenues 9,585.7 10,531.1 15,957.6 15,201.8 14,928.1 -1.8% EBITDA 251.3 306.6 281.4 279.8 288.3 3.0% % of Revenues 2.6% 2.9% 1.8% 1.8% 1.9% EBIT 149.2 186.8 137.4 152.1 158.1 3.9% % of Revenues 1.6%
Slide 44: Balance Sheet
Group Financials Balance Sheet Our Business in 2015 in EUR m 2011 2012 2013* 2014* 2015 ∆14/15 (%) Total assets 3,922.0 4,460.2 5,199.3 5,652.0 6,036.7 6.8% Equity 1,045.2 1,078.0 1,115.0 1,050.4 1,075.9 2.4% Equity ratio 26.6% 24.2% 21.4% 18.6% 17.8% Equity ratio adjusted** 27.1% 23.8% 22.4% 21.4%
Slide 45: Cash Flow Statement
Group Financials Cash Flow Statement Our Business in 2015 in EUR m 2011 2012 2013* 2014* 2015 ∆14/15 (%) Consolidated net income 68.1 118.0 54.3 80.7 61.6 -23.7% Cash flow from operating activities -27.5 150.0 230.3 -90.6 19.0 > 100% Cash flow from investing activities -222.6 -193.7 84.5 -227.6 -143