Hardship to Transformation: A Future Proof Greenyard
Successful transformation as evidenced by improved results
10
10
Adj. EBITDA
margin
3,2%
129
1,6%
2,4%
65
96
2,6%1
Upper end
106-110
60,5
48,4
H2 Adj. EBITDA
23,3
68,5
H1 Adj. EBITDA
41,2
47,6
56,6
AY1718
AY1819
AY1920
F2021
Fresh
Sizeable top-line growth and stabilizing profit margins resulting from further development of
new & existing integrated long-term partnerships
► Profitability uplift following (volume) ramp-up & scope expansion in existing & new
partnerships, further driven by higher incentive realisation
▸ Significant rationalisation thanks to professionalisation, group leverage & cooperation,
workforce rightsizing and indirect spent savings
Q3 sales increased by 11,4% Y-o-Y driven by higher volumes in the long-term relationships
Long Fresh
Fruit and convenience projected to show double digit y-o-y sales growth, operational excellence
& innovation leadership as levers for margin improvement
► Growth with existing long-term clients, start of partnership with Tesco and focus on growth
businesses like convenience, bio and fruit
Continuous strive for realising cost efficiencies and better asset utilisation,
► Profitability management of product and client portfolio
Q3 sales increased by 6,4% Y-o-Y with higher sales in retail and food industry more than offset
lower sales in food-service
Adj. EBITDA
margin
2,2%
0,8%
1,3%
1,8%¹
Adj. EBITDA
margin
7,6%
5,8%
6,8%
6,5%¹
30,1
3,3
31,0
29,6
18,8
21,4
42,6
21,7
24,6
32,4
25,7
20,5
24,3
24,9
AY1718
AY1819
AY1920
F2021
AY1718
AY1819
AY1920
F2021
■H1 Adj. EBITDA
H2 Adj. EBITDA
■H1 Adj. EBITDA
■H2 Adj. EBITDA
1 Adj. EBITDA margin based on HY2021 results
GREENYARDView entire presentation