capital markets day atria sweden · raw chilled chicken retail sweden poultry - sölvesborg...
TRANSCRIPT
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
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
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
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
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
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
11/29/2018
#AtriaCMD18 7