29 November 2022, New York
Pan European Investor Conference by BNP Paribas Exane, DNB Markets and Numis Securities
A Nordic brands and consumer-oriented investment company
Disclaimer
This presentation has been prepared by Orkla ASA (the "Company") solely for information purposes. The presentation does not constitute an invitation or offer to acquire, purchase or subscribe for securities.
Certain statements included in this presentation contain various forward-looking statements that reflect management's current views with respect to future events and financial and operational performance. The words "believe," "expect," "anticipate," "intend," "may," "plan," "estimate," "should," "could," "aim," "target," "might," or, in each case, their negative, or similar expressions identify certain of these forward-looking statements. Others can be identified from the context in which the statements are made. Although we believe that the expectations reflected in such forward-looking
statements are reasonable, these forward-looking statements are based on a number of assumptions and forecasts that, by their nature, involve risk and uncertainty. Various factors could cause our actual results to differ materially from those projected in a forward-looking statement or affect the extent to which a particular projection is realized. Factors that could cause these differences include but are not limited to the Company's ability to operate profitably, maintain its competitive position, to promote and improve its reputation and the awareness of the brands in its portfolio, to successfully operate its growth strategy and the impact of changes in pricing policies, political and regulatory developments in the markets in which the Company operates, and other risks.
The information and opinions contained in this document are provided as at the date of this presentation and are subject to change without notice.
No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, the fairness, accuracy or completeness of the information contained herein. Accordingly, neither the Company nor its subsidiary undertakings or any of such person's officers or employees accepts any liability whatsoever arising directly or indirectly from the use of this document.
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We are transforming into a leading industrial investment company with a brands and consumer-oriented scope
A leading Nordic | Strong Brands | Local presence | Scale advantages | |||
company | ||||||
- Long heritage in the Nordic region
- Strong presence in the Baltics, Central Europe and South Asia
- Listed on Euronext Oslo
• | Strong positions in | • Being close to the | • | Develop concepts | ||
smaller markets | consumer and customer | across markets | ||||
• | ~80% of revenue | • Superior local insight and | • | Synergy | ||
from #1 and #2 brands | set-up | realization throughout | ||||
• | Market shares typically | • Autonomous units with | supply chain | |||
in the range of 30-80% | full P+L responsibility | • | Centres of competence | |||
in select areas | ||||||
3
New simplified structure that will reduce complexity through a lean headquarter and autonomous portfolio companies
Orkla ASA | |||||||||
President & CEO | |||||||||
Investment Team | Corporate Functions | Business service | |||||||
companies | |||||||||
Investment Professionals
Centers of Excellence
- Sales
- Marketing and Innovation
- Sustainability
Orkla Procurement
Orkla IT
Orkla Financial Services
Portfolio Companies1 | Financial invest. | ||||||||||||||||||||||||||||
Jotun2 | Orkla | Orkla | Orkla | Orkla | Orkla | Orkla | Pizza Out | Orkla | Health | Pierre | Lilleborg | Orkla | |||||||||||||||||
Foods | Food | Confec- | Health | India | Home & | of Home | House | and | Robert | Hydro | |||||||||||||||||||
Europe | Ingredients | tionery | Personal | Care | Sports | Group | Real | ||||||||||||||||||||||
Power | |||||||||||||||||||||||||||||
22.8 | 17.3 | & Snacks | Care | Nutrition | Estate | ||||||||||||||||||||||||
BNOK | BNOK | 13.5 BNOK | 7.5 BNOK | 5.2 BNOK | 2.4 BNOK | 2.3 BNOK | 2.2 BNOK | 1.4 BNOK | 1.1 BNOK | 0.5 BNOK | 0.5 BNOK | ||||||||||||||||||
1 | Indicative revenues are R12M as at 30 September 2022 (adjusted for completed acquisitions) | 4 |
2 | Jotun's operating revenue represents the full company figure from 2021 (100%). Orkla has 42.6% interest in Jotun. | |
We differentiate ourselves through the combination of the following six characteristics
Long-term | Expertise | Industry shaping | Scale | Entrepreneurship & | Code of | ||||||||||
& dynamic | |||||||||||||||
perspective | localness | Conduct | |||||||||||||
capital allocation | |||||||||||||||
Taking a longer-term industrial perspective on our ownership and investment decisions
Adding competence | Capital allocation and | Realizing scale and | Entrepreneurship | Imparting Orkla's |
and capabilities to | structural opportunities | cost benefits through | through decision | ethics, business |
support commercial | as a value creation | our business services | making close to the | standards, and |
development and | lever | value creating assets. | commitment to | |
growth | Encourage companies | sustainable business | ||
to build on local | practices and products | |||
uniqueness as a | ||||
competitive | ||||
advantage. |
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Orkla ASA published this content on 29 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 December 2022 10:11:07 UTC.