Welcome to Nordzucker Company Presentation
2020/2021 Agenda
1. Nordzucker at a glance THE SUGAR COMPANY 2. Products, quality & customer orientation 3. Sustainability is in our nature
4. Financial key figures
2 PAGE PAGE Agenda
1. Nordzucker at a glance THE SUGAR COMPANY
3 PAGE PAGE The Sugar Company – a global sugar producer
We are… … also producing e.g. feed, … one of the world‘s leading fertilizer, molasses sugar producers
… producing biofuels and … a processor of more electricity 4 than 3 million tons of sugar from beet and PAGE cane … supporting and advising our beet and cane farmers in successful … about 3.800 cultivation dedicated employees
…improving the production … a modern company and of sugar constantly attractive employer Nordzucker: in Europe and Australia
Administration Sugar plants / refineries Germany Head Quarters Braunschweig (Group) non-consolidated minory stakes Czech-Republic Sugar factory Dobrovice Denmark Administration Nordic Sugar, Sugar factory České Meziříčí Copenhagen Finland Plants Australia Refinery Racecourse Germany Sugar factory Clauen Refinery Yarraville Iceland Sugar factory / Liquid sugar plant New Zealand Refinery Auckland Norway Nordstemmen Estonia
Sugar factory Uelzen Other locations Sweden 5 Sugar factory Klein Wanzleben Latvia Riga Latvia Bioethanol Klein Wanzleben Ireland Denmark Lithuania Kaunas, Nordzucker Lithuania Sugar factory Schladen PAGE Business Services Liquid sugar plant Groß Munzel Vilnius Denmark Sugar factory Nakskov Ireland Dublin Sugar factory Nykøbing Poland Sweden Sugar factory Örtofta Repräsentanzen Refinery / Liquid sugar plant Arlöv Belgium Office Brussels Belgium Germany Finland Sugar factory Säkylä Estonia Tallinn Refinery Porkkala Norway Oslo Czech-Republic Lithuania Sugar factory Kėdainiai Slovakia Iceland Reykjavík Poland Sugar factory Opalenica Greece Athens Sugar factory / Refinery Chełmża Australia Brisbane Slovakia Sugar factory Trenčianska Teplá Greece Australia Australia Sugar factory Farleigh Sugar factory Marian Sugar factory / Refinery Racecourse New Zealand More than 180 years of Nordzucker
1838 1865 1996 1997 2009 2019 Entry into cane sugar Start of sugar Foundation of many Start of Foundation of Acquisition of production, production at the new companies and expansion Nordzucker AG by a Nordic Sugar, acquisition of majority Klein Wanzleben plants in Germany to Eastern merger of Northern market leader stake in Mackay plant, Germany and Europe Europe German sugar in Northern
Sugar Ltd., Australia's 6 producers Europe second-largest sugar
producer PAGE
The Nordzucker Executive Board
7 PAGE PAGE
Axel Aumüller Dr. Lars Gorissen Alexander Bott Chief Operating Officer Chief Executive Officer Chief Financial Officer The Nordzucker Supervisory Board
Supervisory Board
Member 15 Shareholder representatives 10
Employee representatives 5 8
Chairman of the board PAGE
Jochen Johannes Juister Member since 2007 Chairman since August 2018 Deeply rooted - Shareholders‘ structure of Nordzucker AG
Not listed on the stock exchange 83.8% Large fraction of share-holders are beet Nordzucker Holding AG growers
11.1% 9
Union-Zucker Südhannover GmbH PAGE PAGE
5.1% Share capital: Direct interests 123.7 Million Euro Agenda
2. Products, quality & customer orientation SUGAR & MORE
10 PAGE PAGE Productive
2,4 0,7 Mio. tonnes Mio. tonnes over of sugar from 3 Raw sugar 11 beet from cane Mio. tonnes PAGE Sugar from 18 beet and cane 3 Production sites Cane sugar mills
Sugar beet campaign in Europe Cane sugar season in Australia More from sugar - bioethanol
Bioethanol plant Klein Wanzleben (Germany) • Production capacity: 130,000 m3/year
• Production of bioethanol mainly for the fuel industry
12 PAGE PAGE More than 250 products Industrial liquid • Liquid sugar Traditional • Invert sugar syrup • Refined sugar • Fructose syrup • White sugar • Mixed syrup • Lump sugar • Raw sugar • Icing sugar Fertilizer, fuel and
• Nib sugar electricity 13 • Carbolime
• Fructose PAGE Specialities • Raw sugar • Bioethanol • Fondant • Use of bagasse as a basis • Glaze for power generation • Brown sugar • Raw sugar Feeds and molasses • White candy sugar • Bee feed • Brown candy sugar • Beet pulp (pellets) • Jam sugar • Molasses, Vinasse, Bagasse • Organic sugar Our customers in European business
> 80% < 20% 14
Sugar for the food Sugar for retail PAGE PAGE industry distributed by retailers
including leading manufacturers of bakery, confectionery and dairy products, jams, beverages and ice cream Strong brands for consumers in Europe
Strong brand in Central and Eastern Europe Additional information:
www.sweet-family.de
15 PAGE PAGE Market leader in Northern Europe Additional information: www.dansukker.com
Sugar extraction from beet – step-by-step 16
Weight- Beet Unloading Beet washing Slicing Extraction Juice bridge sampling tower purification PAGE
Service Center Sugar products Evaporation Crystallisation Centrifuging Dryer Silos Our Certifications
Product quality and product safety are the top priority • Proven sustainable and safe processes
• Ongoing review and transparency for our Environment Product Management Safety customers 17
• International high standards PAGE
Energy CSR Management Agenda
3. Sustainability is in our nature SUSTAINABILITY
18 PAGE PAGE Sustainable & dedicated
Our Code of Conduct is based on our
four corporate values.
19 PAGE PAGE Sustainability is integrated
Cultivation & Production & Quality Staff & Society Customer & Procurement • Energy efficiency • Work safety Consumers • Audited beet cultivation • Climate protection • Health protection • Transparency
• Yield increase / • Quality standards • Good neighbour • Sugar & nutrition 20
resource efficiency • Product safety PAGE PAGE • Code of Conduct
create value
Customer loyalty and Strengthening the Attractive employer Enable investment Efficient use of customer acquisition reputation resources A multifunctional foodstuff
Sugar … … is a natural preservative … is a pure and high-quality product from the nature and free of "side-" or “aftertaste" … intensifies and
maintains colours 21
… is a carbohydrate PAGE … lowers the freezing point
… is an integral part of a balanced … is a raising agent and diet and part of our everyday fluid storage culture
… is a provider of volume … intensifies the taste even and structure for without sweet foodstuffs The calories are the crucial factor
Anyone who absorbs more calories than he consumes gain weight Calorific values of different foods A nutrient alone is not responsible for overweight 9 and disease
7 Sugar is more than just sweet and comes from 22
nature PAGE PAGE Consumer deception: Less sugar in food does 4 4 4 not automatically mean fewer calories Nutrition education - from elementary school We are dedicated Kcal/g Sugar Starch Protein Alcohol Fat
More information: www.schmecktrichtig.de Agenda
4. Financial key figures KEY FIGURES
23 PAGE PAGE Investments*
in Mio. EUR
106 100 24
84 89 PAGE PAGE
60
2015/16 2016/17 2017/18 2018/19 2019/20
* Initial consolidation of Mackay Sugar Ltd. in Australia as of 31 July 2019 Revenues*
in Mio. EUR
1.607 1.708
1.650 25 1.439
1.354 PAGE
2015/16 2016/17 2017/18 2018/19 2019/20
* Initial consolidation of Mackay Sugar Ltd. in Australia as of 31 July 2019 Net Income*
in Mio. EUR
118
99 26 PAGE PAGE
15 -36 -15
2015/16 2016/17 2017/18 2018/19 2019/20
* Initial consolidation of Mackay Sugar Ltd. in Australia as of 31 July 2019 Dividend per share*
in EUR per share
1,20
1,10 27 PAGE PAGE
0,10 0 0
2015/16 2016/17 2017/18 2018/19 2019/20
* Initial consolidation of Mackay Sugar Ltd. in Australia as of 31 July 2019 Financial key figures at a glance*
2015/16 2016/17 2017/18 2018/19 2019/20
Revenue Mio. EUR 1.607 1.708 1.605 1.354 1.439 EBIT Mio. EUR 16 131 154 - 58 - 15 Net income Mio. EUR 15 99 118 - 36 - 15
Cash flow from operating 28 Mio. EUR 199 266 219 10 - 40
activities PAGE PAGE Equity Mio. EUR 1.278 1.375 1.429 1.316 1.280 RoCE % 1,0 8,5 10,2 - 3,8 - 0,9 EBIT margin % 1,0 7,7 9,3 - 4,3 - 1,0 Equity ratio % 64 65 66 66 58
Sugar production Mio. t 2,0 2,5 2,7 2,4 2,49 Employees 3.206 3.236 3.234 3.208 3.539
* Initial consolidation of Mackay Sugar Ltd. in Australia as of 31 July 2019 Contact
Communications & Public Affairs
Nordzucker AG Nordic Sugar A/S Küchenstraße 9 Edvard Thomsens Vej 10 38100 Braunschweig 7th floor Germany 2300 Copenhagen S 29
Denmark PAGE
Tel: +49 531 2411-0 Tel: Tel: +45 3266 2500 Fax: +49 531 2411-100 [email protected] [email protected] www.nordzucker.com THE Sugar Company