Presentation of results for 3 quarters of 2014
Warsaw, 6 November 2014
Presentation of results for 3 quarters of 2014
Agenda
• Financial results
• Capital Group
• Polish market
• Foreign markets
• Corporate information
2
Presentation of results for 3 quarters of 2014
Consolidated results
in millions of
PLN
revenues
EBIT
EBIT margin
EBITDA
EBITDA margin
Net profit
3 quarters of
2014
454.9
49.4
10.9%
63.1
13.9%
36.5
3 quarters of growth rate
2013
481.2
94.5%
52.7
93.7%
11.0%
67.1
94.0%
13.9%
41.4
88.2%
3
Presentation of results for 3 quarters of 2014
Revenues of the Capital Group – geographical segments
Revenues for 2013
Poland
Ukraine
Belarus
Other
Revenues for 3 quarters of 2014
Poland
Ukraine
Belarus
Other
Presentation of results for 3 quarters of 2014
Capital Group
 Plants producing plaints –
located: in Poland (3), in Ukraine (1),
in Belarus (1)
 Modern plants producing annually approx.
140 million litres of various types of
construction chemistry products
Baltic
Sea
LLC Śnieżka EastTrade
LITHUANIA
Śnieżka Bel-Pol
RUSSIA
Minsk
POLAND
 More than 230 different products for the
traditional market, DIY networks and
professionals
BELARUS
Śnieżka-Ukraina
SLOVAKIA
UKRAINE
MOLDOVA
HUNGARY
Sea of
Azov
ROMANIA
Black Sea
Presentation of results for 3 quarters of 2014
Capital Group
Geographical segments for the Group’s sales
Data in millions of PLN
+ 7.7%
-43.8%
3 quarters of 2013 3 quarters of 2014
107.2
330.2
306.7
- 4.2%
- 4.1%
60.2
40.6
3 quarters of 2013
38.9
26.7
3 quarters of 2014
Polish market
Ukraine
Belarus
25.6
Other
Foreign markets
6
Presentation of results for 3 quarters of 2014
Export directions
The main export markets are:
 Ukraine
 Belarus
 Moldova
 Russia
 Kazakhstan
 Romania
The share of Śnieżka’s
export from Poland
accounts for 19% of
Śnieżka’s sales volume
during 9 months of 2014.
7
Presentation of results for 3 quarters of 2014
Ukrainian market
- the size of the Ukrainian market in 2013 was 315 thousand tonnes, down by 4% y-o-y
- sudden drop of demand during 9 months of 2014 connected with the political situation
and economic crisis
Śnieżka’s sales in the Ukrainian market in millions of UAH
- 13.8%
272.8
3 quarters of 2013
235.1
3 quarters of 2014
8
Presentation of results for 3 quarters of 2014
Belarusian market
•Śnieżka BELPOL – a manufacturer of putty knives, impregnated articles and white emulsion paints
- average use of paint per 1 inhabitant is 5 litres,
- continuing devaluation of the Belarusian ruble exchange rate
- Śnieżka’s share in the Belarusian market is estimated at 15%.
Śnieżka’s sales in the Belarusian market in millions of PLN
- 4,2%
40.6
3 quarters of 2013
38.9
3 quarters of 2014
9
Presentation of results for 3 quarters of 2014
Russian and Moldovian markets
- devaluation of the Russian ruble exchange rate
- average use of paint per 1 inhabitant in Russia is 7 litres, in Moldova 5 litres
-27.3%
3 quarters of 2013
3 quarters of 2014
Śnieżka’s export
+ 14,1%
13.9
in millions of PLN
8.9
10.1
7.8
Moldova
Russia
10
Presentation of results for 3 quarters of 2014
Our brands
B2C
B2B
11
Presentation of results for 3 quarters of 2014
Śnieżka Satynowa advertising campaign
12
Presentation of results for 3 quarters of 2014
Vidaron advertising campaign
13
Presentation of results for 3 quarters of 2014
Magnat Ceramic advertising campaign
14
Presentation of results for 3 quarters of 2014
Acryl Putz advertising campaign
15
Presentation of results for 3 quarters of 2014
Dividend payment
• assumptions on distribution of profit – payment of dividend from 25% to 50% of profit earned
• payment of divided in the amount of PLN 2.50 per share from 2013 profit
• Śnieżka belongs to the index of dividend companies WIGdiv
Dividend per share in PLN
2.50
2.50
1.70
1.35
1.00
1.60
1.35
1.10
0.44
16
Presentation of results for 3 quarters of 2014
CSR – corporate social responsibility
Preventing exclusion,
supporting education, scholarship
program, healthcare
Competition promoting sports
and group games. Developing
sports infrastructure
in towns
Painting children’s wards
at hospitals and
changing them into „fairy-tale lands”
Presentation of results for 3 quarters of 2014
Find us on www…
www.sniezka.pl
SOCIAL MEDIA:
WEBSITES OF OUR
BRANDS:
www.magnatfarby.pl
www.vidaron.pl
www.foveotech.pl
www.bestonpro.pl
www.senseofarby.pl
WEBSITES OF OUR
PRODUCTS:
www.sniezkasatynowa.pl
www.barwy-natury.com
Facebook.com/sniezkafarby
Thank you for your attention!
Warsaw, 6 November 2014