Investor Presentaiton
Mid-long term strategy
Filli
Orsero
QUALITÀ
Filli
Orsero
QUALITA
GRUPPO
ORSERO
ORSERO
The Group's strategy is to
keep focusing on its core
business, with particular
regard to fresh fruit and
vegetables, strengthening
its competitive position in
southern Europe, while
maintaining a solid
financial and asset
structure.
IMPORT & DISTRIBUTION SEGMENT
In the coming years, the Import & Distribution BU revenue growth drivers will
be:
Organic growth, which in turn is based on some development guidelines:
limited but steady increase of consumption of fresh Fruit and Vegetables,
consolidation of the European distribution market which is highly fragmented
particularly in the Group key markets,
▸ development of products with a greater level of "convenience"/ service such
as fresh-cut fruit, portioned and prewashed fruit, exotic fruit and fresh
smoothies.
Growth by external lines:
acquisitions in the distribution sector;
investment in companies specialized in market segments or high potential
product lines
Reduction of the dependence on bananas, by increasing the weight of the other
products.
Import, to maintain the current position in green banana and pineapples,
search for attractive partnerships with growers
▸ monitoring of EUR/USD exchange rate;
Medium-long term: increase from ~1% to -10% the share of distribution sales
from all new and added-value product families
SHIPPING
Shipping, to preserve the value of the
ship and trying to mitigate the exposure
to the operational risks of this activity:
Execution of the mandatory
maintenance cycles (Dry-dock),
-
- Reduction of fuel consumption,
BAF Clause (freight rate
adjustment on fluctuation of fuel
costs)
IMO-MARPOL 2020 (*), is effective from
1 Jan. 2020:
-
The Group's reefer vessels are
burning bunker fuel compliant
with new regulations (i.e. Sulphur
content <0,5%)
(*) Environmental regulation promoted by the IMO to curb Sulphur emission, further information to the link: http://www.imo.org/en/mediacentre/hottopics/pages/sulphur-2020.aspx
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