presentation of results for h1 2012 · 10 4,3 4,2 4,0 7,9 mołdawia rosja 1 półrocze 2011 1...

Presentation of results for H1 2012

Warsaw, September 2012

2

Agenda

• Financial results

• Capital Group

• Polish market

• Foreign markets

• Corporate information


3

Consolidated results


in PLN million H1 2012 H1 2011 dynamicsrevenue 289.2 276.7 104.5%

EBIT 29.2 25.8 113.2%EBIT margin 10.1% 9.3%

EBITDA 37.3 33.7 110.7%EBITDA margin 12.9% 12.2%

net profit 22.9 16.5 138.8%

4

Capital Group


5

53.7

63.6

24.6 21.3

10.914.7

Ukraine Belarus Other

H1 2011 H1 2012

187.5189.7

H1 2011 H1 2012

Capital GroupGeographical segments of the Capital Group's sales

Polish market

Foreign markets

Figures in PLN �million


+18.4%

- 13.4%

+34.9%

+1.7%

6

Export directions


7

Paints and varnishes market in Poland

Śnieżka's main competitors in Poland are:

Akzo Nobel (brands: Nobiles, Sadolin, Dulux and Hammerite)

PPG (brands: Dekoral, Dekoral Professional, Domalux, Drewnochron and Cieszynka),

Tikkurila (brands: Tikkurila, Beckers, Polifarb Dębica and Jedynka).


Estimates share of sales in the Polish market

Others

8

Ukrainian market

- 3% growth in the volume of the Ukrainian paint market in H1 2012- Śnieżka's share in the Ukrainian paints and varnishes market is approx. 24% and approx. 30% in the emulsion paints segment

Sales on the Ukrainian market in millions of UAH


+ 3,5%

151,1156,4

1 półrocze 2011 1 półrocze 2012H1 2011 H1 2012

9

•Śnieżka BELPOL – manufacturer of putty compounds and impregnating agents, it started manufacturing white

emulsion paints in 2011

• Increase in production capacity of putty compounds

- Average paint consumption per 1 person is 5 litres

- Severe currency crisis in 2011

- Śnieżka's share in the Belarusian market is estimated at 15%

Belarusian market


24,6 21,3

Sales on the Belarusian market in millions of PLN

- 13.4%

H1 2011 H1 2012

10

4,3 4,2 4,0

7,9

Mo łdawia Ros ja

1 półrocze 2011 1 półrocze 2012

Russian and Moldovan market


- Markets traditionally "accustomed" to the dollar

- In 2011, the volume of the Russian market was 1,264 thousand tons; in 2011, this market grew by 2%

- Average paint consumption per 1 person in Russia is approx. 7 litres, and 5 litres in Moldova

Śnieżka's export to Moldova and Russia in millions of PLN

- 2.3%+97.5%

H1 2011 H1 2012

Moldova Russia

11

Our brands


12

Advertising campaign for Śnieżka Satynowa


Nowe oblicze koloru

13

Advertising campaign for Magnat paints


ODWAŻ SIĘ STWORZYĆ Z FARBAMI MAGNAT NIEZWYKŁE WN ĘTRZE

ODWAŻ SIĘ STWORZYĆ Z FARBAMI MAGNAT NIEZWYKŁE WN ĘTRZE

14

Advertising campaign for Acryl-Putz


gładkościan

sześcian

prostopadłościan

...I każda ściana to gładka ściana!Acryl-Putz marki Snieżka to prosty sposób na

idealnie gładkie ściany. To nowoczesne rozwiązania, komfort

pracy i zadowolenie klienta.

15

Advertising campaign for Vidaron


16

Retail chain investments in Poland


- planned increase in expenditures in 2012,

- creation of product aisles: Śnieżka, Magnat and Vidaron

- planned opening/alteration of 100 outlets

17

Dividend policy

• Planned distribution of profit: dividend payment amounting to 25%-50% of the profit earned

• Payment of dividend from 2011 profit amounting to PLN 1.35 per share

• Śnieżka is included in the index of dividend companies WIGdiv

0,42 0,44

1,00 1,101,35

1,60

1,70

1,35

2004 2005 2006 2007 2008 2009 2010 2011


Dividend per share in PLN

18

Repurchase of equity shares

•Repurchase of up to 1,570,620 shares, i.e. 10.1% of the overall number of votes in the company

• Repurchase to be completed by the end of 2012

• Call to subscribe for the sale of shares in May 2012

• As a result of the call to subscribe, the company purchased 932,898 shares at PLN 31.00 per share, i.e. 6.9% of the share capital


Thank you!

Warsaw, September 2012

presentation of results for h1 2012 · 10 4,3 4,2 4,0 7,9 mołdawia rosja 1 półrocze 2011 1...

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