Baywa Ag · XETR:BYW
Baywa — Investor Presentation (September 2013)
40 slides from Baywa's investor presentation, September 2013
Slide 1: BayWa Group Corporate Presentation 2013
BayWa Group Corporate Presentation 2013 As of September 2013
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 17 countries Listed compa
Slide 3: Segment Breakdown
The BayWa Group Segment Breakdown Our Structure BayWa Agriculture Energy Building Materials Agri. Trade Agri. Fruit Conventional Energy BayWa r.e. Building Materials Equipment The core segments Agriculture, Energy and Building Materials cover basic human needs. BayWa AG, Investor Relations September
Slide 4: Management Board
The BayWa Group Management Board Our Executives Klaus Josef Lutz Andreas Helber Dr. Josef Krapf Roland Schuler Reinhard Wolf Chief Executive Chief Financial Management Board Management Board Management Board Officer Officer Member Member Member Appointed CEO of Joined BayWa in 2000 Joined BayW
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 1999 1998 1990s 1980s 1972
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 Asia The Americas Europe Oceania Agriculture Segment Energy Segment Building Materials Segment BayWa AG, Investor Relations September 2013 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 CAGR since 2009: 13.5% (Revenues), 17.4% (EBIT) Umsätze 2012 Revenues 2012[in[inMio. EUR Euro] m] EBIT 2012 [in EUR m] 10,531.1 186.8 48% 5,051.9 49% 91.1 35% 3,676.8 23% 43.0 17% 1,740.4 19% 35.4 62 9% 17.3 BayWa AG, Investor Relations September 2013 9
Slide 10: Share
The BayWa Group Share Our Data Dividend 2012: €0.65 Share Price Development 2012/2013 Shareholder Structure Bayerische Raiffeisen- Freefloat Beteiligungs AG 40.0% 34.9% BayWa (Sec. code no. 519 406) Stock exchanges Frankfurt, Munich, Xetra Segment Official Market/Prime Standard Stock exch. index SDA
Slide 11: Industry Trends & Business Segments
Industry Trends & Business Segments BayWa AG, Investor Relations September 2013 11
Slide 12: 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 13: Agriculture Segment: One-Stop Expertise
Agriculture Segment One-Stop Expertise Our Business in 2012 €5.0 bn Revenues, 8,730 Employees, 48% of Group Revenues Trading and sales of agricultural products, operating resources, agricultural equipment and fruit. Significant position as a full-line supplier: Largest agricultural trader in Ger
Slide 14: Agricultural Trade
Agriculture Segment Agricultural Trade Our Success Agricultural Products: Collection, inspection, processing, drying, storage and sale of Agricultural Products worldwide Trade of approx. 30 million tonnes of grain per year Operating Resources: Significant sales partner to the fertiliser and se
Slide 15: 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 16: Fruit
Agriculture Segment Fruit Our Success One of the leading fruit traders worldwide Year-round supplier of pome fruit from all over the world Global trademark rights for the apple varieties Kanzi®, Greenstar®, Jazz® and Envy® Guaranteed just-in-time delivery thanks to state-of-the-art packing a
Slide 17: 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 18: Energy Segment: Sustainable Solutions for a Brighter Future
Energy Segment Sustainable Solutions for a Brighter Future Our Business in 2012 €3.7 bn Revenues 1,564 Employees 35% of Group Revenues Organised into the business units of Conventional Energy and Renewable Energies Conventional Energy encompasses the sale and distribution of fossil and renewable
Slide 19: 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 Premium
Slide 20: 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 and the USA Over 800 MW capacity added to the grid Project rights for 2,000 MW of wind energy secured Installation of 500 MWp in solar m
Slide 21: 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 22: Building Materials Segment: More Than Just Building Materials
Building Materials Segment More Than Just Building Materials Our Business in 2012 €1.7 bn Revenues 4,868 Employees 17% of Group Revenues Selling and supplying building materials of all kinds to commerical and private customers Finding qualified craft businesses and taking over construction site
Slide 23: Building Materials
Building Materials Segment Building Materials Our Success Second-largest building materials trader in Germany 275 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 24: Global Challenge: Doing Business Sustainably
Global Challenge: Doing Business Sustainably Our World The Facts: Economic success is only possible on a long- term basis if companies take responsibility for the effects that their businesses have on society and the environment. BayWa’s Role: Taking sustainable aspects into account in terms of
Slide 25: Sustainability at BayWa
Sustainability at BayWa Trade Throughout the Generations Our Strategic Scopes of Activity Environment/Climate Employees Quality of Life Market Recycling of packing Supporting training and BayWa Foundation Establishment of an materials further education Sponsoring Special effective risk I
Slide 26: 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 27: Contact
Contact BayWa AG Arabellastraße 4 81925 Munich Germany Telephone: +49 (0)89 9222-0 Fax: +49 (0)89 9222-3448 www.baywa.com
Slide 28: Appendix: Strategically Relevant Affiliated Companies
Appendix: Strategically Relevant Affiliated Companies BayWa AG, Investor Relations September 2013 28
Slide 29: Affiliates: BayWa r.e. renewable energy
Affiliates BayWa r.e. renewable energy Our Growth Company: BayWa r.e. renewable energy Headquarters: Munich, Germany Revenues: ca. EUR 441 m Employees: approx. 600 BayWa stake: 100% Locations: Austria, Bulgaria, Croatia, Czech Republic, Denmark, France, Germany, DK Greece, Hungary, Italy, Poland, Ro
Slide 30: Affiliates: Cefetra B.V.
Affiliates Cefetra B.V. Our Growth Company: Cefetra B.V. Headquarters: Rotterdam, The Netherlands Revenues: ca. EUR 4.6 bn Employees: approx. 210 BayWa stake: 100% Port locations: Belgium, France, Germany, Hungary, The Netherlands, Poland, Romania, Slovenia, UK Turnover: approx. 20 million tonnes of
Slide 31: Affiliates: Bohnhorst Agrarhandel GmbH
Affiliates Bohnhorst Agrarhandel GmbH Our Growth Company: Bohnhorst Agrarhandel GmbH Headquarters: Steimbke, Germany Revenues: ca. EUR 470 m Employees: approx. 213 BayWa stake: 60% Rostock Port locations: Seaports in Mukran and Vierow; inland Hamburg Poland ports on the Weser and Midland Canal Busin
Slide 32: Affiliates: Turners & Growers Ltd.
Affiliates Turners & Growers Ltd. Our Growth Company: Turners & Growers Ltd. Headquarters: Auckland, New Zealand Revenues: ca. EUR 420 m Employees: approx. 1,400 BayWa stake: 73% Locations: Australia, Belgium, Canada, Chile, China, Fiji, France, New Zealand, Peru, South Africa, UK, USA Main products
Slide 33: Affiliates: 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 2.6 bn Employees: approx. 1,700 BayWa stake: 50% + 1 share Locations: 890 Business areas: Agriculture, Agricultural Equipment, Building Materials, DIY & Garden
Slide 34: Affiliates: Unser Lagerhaus WHG mbH
Affiliates „Unser Lagerhaus“ WHG mbH Our Growth Company: „Unser Lagerhaus“ WHG mbH Headquarters: Klagenfurt, Austria Revenues: ca. EUR 568 m Employees: approx. 950 BayWa stake: 51.27% Locations: 118 Business areas: Agriculture, Agricultural Equipment, Energy, DIY & Garden Centers, Building Materials
Slide 35: Affiliates: BayWa Vorarlberg HandelsGmbH
Affiliates BayWa Vorarlberg HandelsGmbH Our Growth Company: BayWa Vorarlberg HandelsGmbH Headquarters: Lauterach, Austria Revenues: ca. EUR 84 m Employees: approx. 175 BayWa stake: 51% Business areas: Agricultural products, everyday products, building materials, petroleum products, farming and munic
Slide 36: Affiliates: RI Solution GmbH
Affiliates RI Solution GmbH Our Growth Company: RI Solution GmbH Headquarters: Munich, Germany Revenues: ca. EUR 58 m Employees: approx. 240 BayWa stake: 89.66% Business areas: IT consulting, IT project planning, IT development and implementation, rollout, operation and maintenance of software solut
Slide 37: Appendix: Group Financials
Appendix: Group Financials BayWa AG, Investor Relations September 2013 37
Slide 38: Group Financials: Income Statement
Group Financials Income Statement Our Business in 2012 in EUR m 2008 2009 2010 2011 2012 ∆11/12 (%) Revenues 8,794.6 7,260.2 7,903.0 9,585.7 10,531.1 9.9% EBITDA 258.1 209.7 228.2 251.3 306.6 22.0% % of revenues 2.9% 2.9% 2.9% 2.6% 2.9% EBIT 161.9 115.4 128.9 149.2 186.8 25.2% % of revenues 1.8% 1.6
Slide 39: Group Financials: Balance Sheet
Group Financials Balance Sheet Our Business in 2012 in EUR m 2008 2009 2010 2011 2012 ∆11/12 (%) Total assets 3,065.8 2,939.3 3,260.3 3,922.0 4,457.4 13.7% Equity 915.1 957.5 987.7 1,045.2 1,085.1 3.8% Equity ratio 29.8% 32.6% 30.3% 26.6% 24.3%* in EUR m 2008 2009 2010 2011 2012 ∆11/12 (%) Non-curre
Slide 40: Group Financials: Cash Flow Statement
Group Financials Cash Flow Statement Our Business in 2012 in EUR m 2008 2009 2010 2011 2012 ∆11/12 (%) Consolidated net income 76.7 59.4 66.8 68.1 118.0 73.3% Cash flow from operating activities 215.5 243.9 -9.4 -27.5 150.0 > 100% Cash flow from investing activities -143.9 -127.5 -113.5 -222.6 -193.