capital markets day atria sweden · raw chilled chicken retail sweden poultry - sölvesborg...

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11/29/2018 #AtriaCMD18 1 Capital Markets Day Atria Sweden Jarmo Lindholm 2018 Financial statement Atria Sweden 1 January-30 September 2018 Q3 Q3 Q1-Q3 Q1-Q3 EUR million 2018 2017 2018 2017 2017 Net sales 72.5 78.6 213.8 229.5 307.2 EBIT -1.0 0.7 -6.0 1.0 2.4 EBIT % -1.3 % 0.9 % -2.8 % 0.4 % 0.8 % Items affecting comparability: - Divestment of subsidiary - - - - 1.4 Adjusted EBIT -1.0 0.7 -6.0 1.0 1.0

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Page 1: Capital Markets Day Atria Sweden · Raw chilled chicken Retail Sweden Poultry - Sölvesborg Completed •New/renovated stables •New slaughtering line •New cut-up & deboning areas

11/29/2018

#AtriaCMD18 1

Capital Markets DayAtria SwedenJarmo Lindholm 2018

Financial statementAtria Sweden

1 January-30 September 2018

Q3 Q3 Q1-Q3 Q1-Q3EUR million 2018 2017 2018 2017 2017

Net sales 72.5 78.6 213.8 229.5 307.2EBIT -1.0 0.7 -6.0 1.0 2.4EBIT % -1.3 % 0.9 % -2.8 % 0.4 % 0.8 %Items affecting comparability:- Divestment of subsidiary - - - - 1.4Adjusted EBIT -1.0 0.7 -6.0 1.0 1.0

Page 2: Capital Markets Day Atria Sweden · Raw chilled chicken Retail Sweden Poultry - Sölvesborg Completed •New/renovated stables •New slaughtering line •New cut-up & deboning areas

11/29/2018

#AtriaCMD18 2

57 557 tonnes

-0,8 %310 mio. Euro

+ 1,0 %

TOTAL MARKET SWEDEN

VOLUME VALUE

ATRIA MARKET SHARE - VALUE

16,8 %+ 0,5 % points

Source: Atria MI / Nielsen to wk 44 2018

PRODUCER SHARE

Market sharesMeal sausagesRetail Sweden

30 405 tonnes

- 1,5 %371 mio. Euro

+ 0,3 %15,0 %

- 0,5 % points

Source: Atria MI / Nielsen to wk 44 2018

TOTAL MARKET SWEDEN

VOLUME VALUE

ATRIA MARKET SHARE - VALUE

PRODUCER SHARE

Market sharesCold cutsRetail Sweden

Page 3: Capital Markets Day Atria Sweden · Raw chilled chicken Retail Sweden Poultry - Sölvesborg Completed •New/renovated stables •New slaughtering line •New cut-up & deboning areas

11/29/2018

#AtriaCMD18 3

21 848 tonnes

+ 2,3 %161 mio. Euro

+ 6,2 %11,6 %

+ 1,2 % points

Source: Atria MI / Nielsen to wk 44 2018

TOTAL MARKET SWEDEN

VOLUME VALUE

ATRIA MARKET SHARE - VALUE

PRODUCER SHARE

Market sharesRaw chilled chickenRetail Sweden

Poultry - Sölvesborg

Completed• New/renovated stables• New slaughtering line• New cut-up & deboning areas• Modificated & expanded logistic centre

On-going• Packaging area

Investment program started in 2017 and covers the full value-chain, including a very modernized production facility

Page 4: Capital Markets Day Atria Sweden · Raw chilled chicken Retail Sweden Poultry - Sölvesborg Completed •New/renovated stables •New slaughtering line •New cut-up & deboning areas

11/29/2018

#AtriaCMD18 4

+4,8 %Foodservice

168 MRD SEK

+2,8 %Retail

342,5 MRD SEK

Annual growth per channel 2016-2022

+3,4 %Source: DLF Multichannel 2022

Overall expectation is growth on the Swedish market

Page 5: Capital Markets Day Atria Sweden · Raw chilled chicken Retail Sweden Poultry - Sölvesborg Completed •New/renovated stables •New slaughtering line •New cut-up & deboning areas

11/29/2018

#AtriaCMD18 5

E‐commerce's share of food sales in Sweden 2012‐2018

2,0 %

1,8 %

1,6 %

1,4 %

1,2 %

1 %

0,8 %

0,6 %

0,4 %

0,2 %

0,0 %

2012 2013 2014 2015 2016 2017 2018(forecast)

Unique brands are increasingly important in

a digitized retail

Food is one of the fastest growing sectors in Swedish e-commerce.

Meat consumption in Sweden (kg per capita)

93 % want to eat meat2018 KCF survey

40% of Swedes are

flexetarians. 2017 Cint

Meat is good and a good source of protein.

2018 KCF survey

16,924,5

31,2 32,7

5,9

23,2

54,0

80,4

0

10

20

30

40

50

60

70

80

90

1990 1995 2000 2005 2010 2015 2017

Beef Pork Poultry TOTALTSource: Jordbruksverket

Page 6: Capital Markets Day Atria Sweden · Raw chilled chicken Retail Sweden Poultry - Sölvesborg Completed •New/renovated stables •New slaughtering line •New cut-up & deboning areas

11/29/2018

#AtriaCMD18 6

Sustainability

Sustainableenvironment

We are always working to reduce our environmental and climate impact throughout the value chain.

Reduced climate impact from production by 80% since 2014.

Safe & healthy food

We want to actively contribute to human health and well-being.

Always a balanced assortment of good and varied food.

Excellent animal welfare

We are industry leadersin animal welfare and all our animals should be healthy and treated withcare.

30 million euros investment in the full value chain.

Sustainablebusiness

Our business is always driven by profitable growth, good ethics and value-creating partnerships.

100 % controlled suppliers.

Atria Sweden 2023Atria Sweden 2023

Commercial Excellence

Efficiency

Way of Work

GROWTH3 THEMES 9 PRIORITIES

Organic Growth

Acquisitions

Newproduct segments

New markets

• Implement the new category & brand strategy in the retail market

• Drive growth in Foodservice through strong customer focus and new categories

• International growth by establishing Sibylla concept in new countries

• Improve the chicken business profitability - gear for growth

• Focus resources in building fewer but stronger, modern brands

• Improve the organization’s overall efficiency and competitiveness

• Build a winning corporate culture through Atria Way of Work

• Establish our future leadership through Atria Way of Leading

• Work safely, responsibly and sustainably

Page 7: Capital Markets Day Atria Sweden · Raw chilled chicken Retail Sweden Poultry - Sölvesborg Completed •New/renovated stables •New slaughtering line •New cut-up & deboning areas

11/29/2018

#AtriaCMD18 7