Skip to main content Q2 2010 EARNINGS CALL – North American Energy Partners Inc. Investor Presentation | Shale Experts
Loading...
Pm

Q2 2010 EARNINGS CALL – North American Energy Partners Inc.

North American Energy Partners Inc. · Jul 29, 2010 · 29 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 1
    Royal Wessanen nv Q2 2010 29 July 2010
  2. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 2
    Introduction Piet Hein Merckens (CEO) 2
  3. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 3
    Piet Hein Merckens CEO as of 1 June, started 1 April as president Wessanen Europe P&G (10 years), Sara Lee/Douwe Egberts (11 years) Lastly President DE Netherlands, Poland, Greece Chaired the Dutch Sara Lee country board /…
  4. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 4
    My first observations Organic food is a true growth market Wessanen is an entrepreneurial company Wessanens pockets of strength: Pioneering brands with strong heritage Unique organic food expertise The only player with a European…
  5. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 5
    Highlights Q2 2010 Revenue EUR 194 mln Steady vs. year ago Autonomous growth (3.4)% EBIT EUR 9.4 mln Q2 2009: EUR (4.8) mln Net result EUR 6.6 mln Revenue Q2 2010 (in EUR mln) Earnings Per Share EUR 0.08 32.0 Strategic…
  6. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 6
    Outlook FY 2010 2010 is a year of investments; we are strengthening the core Brand and product alignment Centralised souring (European scale) Brand activation Orchestration of innovation (speed, effectiveness) Strengthen HFS…
  7. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 7
    Divisional review Piet Hein Merckens (CEO) 7
  8. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 8
    Wessanen Europe Revenue up 3.8%, Revenue (in EUR mln) Autonomous growth +0.6% Volume lower, pricing up Revenue Currency effect 0.8% +3.8% growth Kroon adding 2.0% Step-up in costs for ICT and sales force 131.0 126.1 expansion…
  9. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 9
    Wessanen Europe European markets Grocery markets showed modest growth HFS market only grew in Germany, others declined France - revenue up in both grocery and HFS Bjorg gaining market share Baby Bjorg continues to show healthy…
  10. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 10
    Wessanen Europe (contd) UK - revenue lower in both grocery and HFS Grocery remains highly competitive HFS continues to decline with smaller independent traders particularly affected Germany - revenue up in grocery and HFS Market…
  11. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 11
    Bjorg advertising - Le Monde 11
  12. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 12
    Whole Earth - Munich introduction Second City campaign after successfull launch Hamburg PR 100,000 Samples Print Ambient near outlets Point of Sales Promotions Radio 12
  13. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 13
    Whole Earth - German Summer promotion 13
  14. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 14
    Ekoland - A Dutch HFS brand Largest brand Natudis for HFS channel Natures own label, value for money New productgroups (bake off, tea, honey) Marketing / advertising, e.g. Breakfast campaign - Awareness for complete Ekoland Free…
  15. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 15
    Whole Earth - UK TV commercial 15
  16. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 16
    Kallo: rice cakes innovations 9 Premium flavours 9 100% wholegrain base 9 Made with natural ingredients 9 Absolutely nothing artificial 9 No MSG, no flavour enhancers 9 Low in fat, low in salt 9 Meets FSA 2012 salt…
  17. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 17
    Frozen Foods Revenue 2.7% lower Revenue (in EUR mln) Lower volumes partly offset by price/mix effect (2.7)% Revenue growth Channel mix developed unfavourably Competition OOH channel fierce Retail and foodservice grew 31.5 30.7…
  18. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 18
    Increasing brand awareness Beckers 18
  19. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 19
    American Beverage Corporation Revenue lower Revenue (in EUR mln) Partly resulting from March pre-loading (11)% Revenue Dailys performed well growth Driven by RTD pouches Little Hug below expectations 36.2 32.0 Lower…
  20. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 20
    Little Hug marketing - Increase Consumer Awareness via - Consumer magazine advertising; On-line ads; Interactive consumer website www.littlehug.com 20
  21. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 21
    Dailys marketing Innovations are an important driver of additional growth Summerology website - 20,000 consumers visited during first 2 weeks of promotion - 8,000 consumers registered to play the Summerology Spin game 21
  22. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 22
    Financials Frans Eelkman Rooda (CFO) 22
  23. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 23
    Key figures Q2 2010 In EUR million Q2 2010 Q2 2009 Revenue 193.7 193.8 Autonomous growth (3.4)% EBIT 9.4 (4.8) Result discontinued operations (net of tax) 0.5 (29.3) Net result 6.6 (84.6) Earnings per share (in EUR) 0.08…
  24. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 24
    Like-for-like results In EUR million Q2 2010 Q2 2009 EBIT 9.4 (4.8) Wessanen Europe (provision legal dispute; severance costs) (1.1) - ABC (impairment; incidental charges*) (0.1) (12.7) Corporate (0.3) - Like-for-like EBIT 10.9…
  25. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 25
    Non-allocated / Discontinued operations Non-allocated Q2 2010; EUR (3.1) mln Higher expenses for corporate transition process PANOS Brands Good performance Q2, revenue and EBIT both up Divestment process progressing according to…
  26. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 26
    Cash Flow Q2 2010 (EUR mln) Continuing and discontinued operations 19.3 (16.2) (5.3) Investments Capex and acquisition 11.9 Cash flow from Cash flow from (2.9) discontinued earnings operations Settlement IRS As of 30…
  27. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 27
    Closing remarks Piet Hein Merckens (CEO) 27
  28. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 28
    Closing remarks Performance Q2 underlying performance was satisfactory 2010 a year of investments to strengthen the core Expected H2 2010 operating result about break-even Markets Organic food is a true growth market Economic…
  29. Q2 2010 EARNINGS CALL – North American Energy Partners Inc. – slide 29
    Royal Wessanen nv Q2 2010 29 July 2010

From the store

Browse maps, data & reports in the Shale Experts store