ARYZTA AG - ZKB Swiss Equity Conference
November 2023
Forward Looking Statement
This document contains forward looking statements which reflect the Board of Directors' current views and estimates. The forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fluctuations, competitive product and pricing pressures, the effects of a pandemic or epidemic or a natural disaster, or war and regulatory developments.
You are cautioned not to place undue reliance on any forward-looking statements. These forward-looking statements are made as of the date of this document. The Company expressly disclaims any obligation or undertaking to publicly update or revise any forward-looking statements other than as required by applicable law.
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About ARYZTA
History
ARYZTA's Journey: a look at our Key Milestones
Acquires remaining 50% of JV
Origin Divestment
Strategic review of JVs
Sale of majority Picard stake
Sale of remaining Picard stake
Completion of sale North Am. Business and
LATAM
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Completed Exit of Origin
Acquires 49% of Picard
Disposal of 50% Signature JV
Disposal of La Rousse
Sale of Cloverhill
€740M Capital Raise
EGM Called
New Board Appointed
Disposal of N. Am. Business
Brazil disposal completion
Malaysian bakery asset deal
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Turn-around - our most recent milestone
Almost 200% share price appreciation since EGM
1.8 ARYN, in CHF1.)
1.6 | ||||
1.4 | ||||
1.2 | ||||
1 | ||||
0.8 | ||||
0.6 | ||||
0.4 | ||||
0.2 | ||||
0 | ||||
15/09/2020 | 21/04/2021 | 19/11/2021 | 27/06/2022 | 26/01/2023 |
Basics of Success:
- People - hire "storm proven warhorses"
- Balance sheet improvements
- Costs, Profit & Loss
- Market Performance Excellence
1.) Source: closing prices on SIX
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ARYZTA - our business
ARYZTA's Global Footprint
Countries
27
Factories/Bakeries
26
Revenue FY23
€2'123 m
EBITDA FY23
12.8%
Employees
8019
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ARYZTA - our business
Core focus: bake-off in the premium segment
Bake-off - premium segment (core focus)
Packaged
Fresh
Small artisan bakeries
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Total bakery
market shares
2021 by segment
25%
31%
17%
27%
Industrially manufactured bakery products
Small-scale, independent scratch bakeries
"Our ambition is to become the best partner for bake-offsolutions across all our channels and markets"
"Our value proposition is to deliver the gold standard for bake-off"
Strategy and Value Drivers
Strategy and Value Drivers
Focus on 4 key drivers to achieve the gold standard in bake-off
Strategic partner | Category captain |
Excellence in
Customer development
Strong customer focus and dedication to customer needs
Excellence in
Quality & efficiency
Continuous improvement
in quality & efficiency across the entire value chain
Proposition
Gold standard for bake-off
Excellence in
Innovation / category know-how
Following consumer trends and needs
Excellence in
Channel solutions
Following channel trends and needs Food Service, Retail, QSR
"ARYZTA aims to become the preferred B2B partner for our customers for gold standard bake-off solutions"
Sustainable performance pillars
Environmental efficiency - Our people and communities - Inspiring innovation
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Strategy and Value Drivers
Strategic focus
Deliver Organic growth through:
- Fully capturing market momentum
- Accelerate Innovation Platforms
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Improve Profit Margin through:
- Operational efficiency
- Simplex
- Procurement leverage
- E2E Optimization
Deleveraging Balance Sheet &
driving capital efficiency:
- Accelerate Cash Flow
- Prudent CAPEX deployment
- Disciplined Working Capital management
Attachments
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Disclaimer
Aryzta AG published this content on 01 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2023 08:09:45 UTC.