group presentation - resources.smurfitkappa.com paper and board 1.1 ... & russia argentina/chile...
TRANSCRIPT
Group Presentation
2 : SMURFIT KAPPA
► Employees (FTE) 41,800
► Presence
Europe 21
The Americas 11
► Operating Facilities 352
► Containerboard (million tonnes) 5.2
► Corrugated Packaging (million tonnes) 5.2
Full Year 2014
► Net Sales (€ billion) 8.1
At a glance
3 : SMURFIT KAPPA
Group Profile
Packaging - Europe
Sales Volumes (million tonnes)
Kraftliner 1.6
Recycled Containerboard 2.6
Other Paper and Board 1.1
Corrugated 4.3
Solid Board Packaging 0.3
Packaging – The Americas
Sales Volumes (million tonnes)
Containerboard 1.0
Other Paper and Board 0.3
Corrugated 1.0
4 : SMURFIT KAPPA
Europe - Operations
Virgin Mills 5
Recycled Containerboard Mills 13
Other Recycled Paper and Board Mills 8
Corrugated 157
Cartons and Solid Board Packaging 9
Recovered Fibre 15
Other 49
As of March 2015
5 : SMURFIT KAPPA
The Americas - Operations
Virgin Mills 2
Recycled Paper and Board Mills 10
Corrugated 38
Cartons 3
Paper Sacks 5
Recovered Fibre 33
Other 5
As of March 2015
6 : SMURFIT KAPPA
Smurfit Kappa Organisation
Benelux
France
Italy
Spain/Portugal
United Kingdom
Ireland Germany
Central Europe: Austria, Czech
Republic, Slovakia, Switzerland
Nordic West: Denmark & Baltics
North East Europe: Sweden, Finland, Norway, Poland
& Russia
Argentina/Chile
Mexico Venezuela/Puerto Rico
Smurfit Kappa Orange County
Virgin Containerboard
Recovered Paper
Recycled Containerboard
Sack Kraft
Solid Board
Austria France
Sweden
SOUTH EUR France
Italy Spain
United Kingdom Netherlands
Germany
RPE Germany
Czech Republic Netherlands
European Packaging - Paper
European Packaging - Converting The Americas
Colombia/Costa Rica/ Dominican Republic/
Ecuador
7 : SMURFIT KAPPA
Market leader in Europe
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
20.0
SKG DS Smith Mondi Saica Hamburger
European Containerboard Market 2013 Production (est.)
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
20.0
SKG DS Smith Saica Mondi
European Converting Market 2013 Production (est.)
17.4%
8.3% 8.3%
18.4%
5.8%
13.6%
5.7%
2.9%
7.6%
8 : SMURFIT KAPPA
► Leading market positions in a growth business
► Efficient integrated model in Europe & The Americas
Enhanced packaging footprint
Significant investments in “champion mills”
Closure of less efficient capacity
► Focus on service
We live in our customers’ world
Working in strong partnership with retailers
► Focus on value
Operating performance drivers
Source: Smurfit Kappa
9 : SMURFIT KAPPA
► Grades produced:
Brown Kraftliner
Brown Recycled Containerboard
White Top Kraftliner
White Top Testliner
High Performance Fluting
MG Paper
Sack Kraft
▶ No.1 producer on the European market in Containerboard
▶ The Division operates as one group on the European market with a central paper sales organisation in Paris and a network of regional sales offices
▶ The Division has its own paper recovery operations in several countries, in order to guarantee the supply of recovered fibre
European Packaging - Paper
10 : SMURFIT KAPPA
► First-class packaging
► State-of-the-art expertise & capabilities
Corrugated cases – No.1 in the European market
Conventional and value added printing (HQPP, pre-print)
Litho-laminated cases
Display stands
Heavy duty, XXL and industrial packaging
Fanfold and single face
Tubes and composites; folding cartons
Shelf ready packaging & design
Machine systems
Fulfillment services
European Packaging - Converting
11 : SMURFIT KAPPA
European Packaging - Converting
► Solid board & solid board packaging
No.1 in the European market
Advanced machine systems for Fruit & Vegetable, Meat and Beverages packaging
► Carton board and folding cartons
No.3 on the European market
Advanced packaging systems, high quality consumer retail packaging
► Graphic board
No.1 on the European market
► Bag-in-Box™
No.1 worldwide in taps
Bags for a wide range of applications
One stop shop: integrated machine and box solutions
Bag-in-Box presence in Canada and Argentina
12 : SMURFIT KAPPA
Unrivalled market offering
► The packaging of choice
Marketing medium & Merchandising aid
Recyclable & Renewable
Sustainable
► Smurfit Kappa’s “One-stop-shop”
A response to every customer need
Extensive retailers’ knowledge
Unique innovation & design capabilities
► Added-value recognised by our
customers
Innovation | “Sharkline” perforation
Innovation | “Hybrid” package
13 : SMURFIT KAPPA
Customer Driven Company
Majority of business in resilient sectors ► Diversified & resilient customer base
Top 5 customers < 10% total volume
► 20% growth in Pan-European business since 2006
19 countries involved
>100 Smurfit Kappa plants
Approximately 80% in contracts > 1 year
► Sustainability as a key differentiator
91% of packaging units Chain of Custody certified by 2015
Smurfit Kappa will be first to guarantee all packaging solutions are coming from sustainable sources
14 : SMURFIT KAPPA
The Americas
► Unique Pan Regional presence
Operations in 11 countries
Expansion to United States through acquisition of Orange County Container Group in 2012
► Strong industry fundamentals
High growth markets
Strong historical financial performance
Best in class quality and service
► Leading market positions in Latin American segment
No.1 corrugated containers
No.3 containerboard
No.3 in sack business
► Experienced local management with a proven ability to manage markets
15 : SMURFIT KAPPA
Smurfit Kappa’s vision is to be recognised as the most successful paper-based packaging company in its chosen market sectors.
To achieve this we will:
► act for the general good of the countries and communities in which we are privileged to operate
► provide the safest possible natural environment, a sense of identity and a rewarding career opportunity for our employees
► generate the highest level of satisfaction to customers
► optimise returns to shareholders
Our Vision
16 : SMURFIT KAPPA
To be a customer-oriented, market-led company where the satisfaction of customers, the personal development of employees and respect for local communities and the environment are seen as being inseparable from the aim of creating value for the shareholders.
Our Mission
17 : SMURFIT KAPPA
Our Business Principles
Entrepreneurship We cherish entrepreneurial spirit and a decentralised management style with staff functions challenging and supporting the operations, with speed, innovation and contrarian thinking.
People Our goal is to recruit, develop, motivate, keep safe and retain our employees.
Environment Our objective is to protect the environment and progressively improve our performance on emissions to air, and discharges to water and soil.
Customers We are a market-led, service business. We provide innovative packaging solutions to help our customers differentiate in their own markets, and ultimately sell more.
Shareholder returns Our aim is to maximise shareholder returns at every point in the cycle.
Meet stakeholder commitments We are determined to meet our commitments and will put in place the necessary resources to support their achievement.