Elopak ASA · OSL:ELO
Elopak ASA — DNB Conference 2024
10 slides from Elopak ASA's conference presentation, Mar 21, 2024
Slide 1: Replacing plastics with cartons
Replacing plastics with cartons THOMAS KÖRMENDI CEO ELOPAK MARCH 21, 2024
Slide 2: We're in the business of sustainable packaging
We’re in the business of sustainable Protecting essential commodities Enabling world nutrition packaging Replacing plastics
Slide 3: Full-service platform known for quality and innovation
Full-service Filling Packaging Aftermarket machines solutions services platform known for quality and State-of-the-art offerings Known for quality Value-added innovation across segments and innovation aftermarket support Elopak’s full service offering covers the entire customer journey with frequent
Slide 4: Examples of our products in the marketplace
These are some examples of our products in the marketplace
Slide 5: Elopak is the world's largest player in fresh liquid carton packaging
Historical revenue development1 Elopak is the world’s Group 1 132 Russia 1 024 largest player in fresh 940 910 909 906 909 856 872 85 778 780 781 769 776 liquid carton packaging 855 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 14 billion cartons produced in 2023 Source: Comp
Slide 6: Sustainability driven growth strategy since the IPO in 2021
From the IPO in 2021 Elopak has executed on a sustainability driven growth strategy Mid to long 2021 term goal Fresh opportunity Aseptic growth Broaden Plastic to carton Commercial in North America roadmap geographic footprint conversion excellence Global fresh Execute Americas Growth on the MENA: p
Slide 7: Leveraging strengths through an innovative product portfolio
Elopak is able to leverage its strengths due to its innovative product portfolio Fresh opportunity in Aseptic growth roadmap Plastic to carton conversion Commercial excellence North America ▹ State of the art new filling ▹ Proprietary gable top solution ▹ Entered the untapped ▹ Proven track record w
Slide 8: Strong financial position and profitable growth
Strong financial position and profitable growth Revenue Profitability Financial position 171 391 386 363 367 340 347 348 333 1 132 1 024 122 119 909 940 114 3.6 85 3.3 3.3 15.1% 3.1 13.5% 13.3% 2.7 2.6 11.7% 855 2.1 1.9 2020 2021 2022 2023 2020 2021 2022 2023 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 22 22 22 22 23 2
Slide 9: Delivering on 3-5 year mid term targets already 2 years after IPO
Delivering on 3-5 year mid term targets already 2 years after IPO Targets Mid term 3-5 years 2021 2022 2023 2-3% organic growth p.a. and selectively pursue Revenue growth 3.5% 11.9% 9.4% M&A opportunities EBITDA margin 14-15% adjusted EBITDA margin 13.3% 11.7% 15.1% Capex EURm ~50 p.a. EURm 37 EURm
Slide 10: Elopak plays a key part in solving the sustainability challenge
Elopak plays a key part in solving the sustainability challenge We secure distribution of sustainable, liquid packaging We are operating in resilient categories fueled by global anti-plastic sentiment We have proven consistent execution on growth and profitability We are well-equipped to turn today’