INFORMATIONAL MEETING
FEBRUARY 1ST, 2016
AGENDA
STRATEGY FOR VEGETABLE SEEDS
NEWS: ACQUISITION OF THE COMPANY GENICA RESEARCH CORPORATION OUTLOOK FOR 2015-2016 AND AMBITIONS FOR 2020
DISCUSSIONS
SCHEDULE
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STRATEGY FOR VEGETABLE SEEDS
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VILMORIN & CIE, 4TH LARGEST SEEDS COMPANY WORLDWIDE
TWO STRATEGIC ACTIVITIES
SALES
1,269(1)
million Euros (1,531 million
Euros) (2)
A WORLD LEADER
IN VEGETABLE SEEDS
▌ Sales 2014-2015:
A MAJOR PLAYER IN FIELD SEEDS
▌ Sales 2014-2015:
▌ More than 6,200
employees
▌ Net income:
(1)
614.6 million Euros
595.3 million Euros
(856.5 million Euros(2))
million Euros,
of which a group share of 72.9 million Euros
Taking account of the impact of the standard IFRS 11. Data for 2014-2015
In particular including AgReliant (North America. Field seeds). Data for 2014-2015
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Informational meeting - 02.01.2016
VEGETABLE SEEDS DIVISION PROFILE
▌ A world leader
▌ More than 30 species
among the most widely consumed in the world: tomato, carrot, melon, onion, pepper, bean, etc.
▌ For professional vegetable growers
KEY FIGURES 2014-2015
▌ No. 2 worldwide
▌ Sales: €615 M
▌ Operating margin: 15.6%
▌ 30 countries with sites
▌ More than 3,400 employees
▌ 4 Business Units
HM.CLAUSE
Hazera
Vilmorin
Mikado Kyowa Seed
SALES OF VEGETABLE SEEDS
PER CROP. 2014-2015
Tomato
Others
Carrot
Sweet and hot pepper
SALES OF VEGETABLE SEEDS
PER GEOGRAPHICAL AREA. 2014-2015
16%Africa / Middle East
17%
Asia / Oceania
37%
Europe
Cauliflower
Onion
Bean
Melon
30%
Americas
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STRENGTHEN WORLD LEADERSHIP
▌ Maintain organic growth higher than that of the market, thanks to the virtuous circle of innovation and proximity to markets
▌ Strengthen positions in certain crops or geographical zones through targeted operations of external growth
RECENT ACQUISITIONS:
CAMPBELLS' SEEDS
(September 2012)
Tomato and pepper
United States
Sales: more than $5 M
CENTURY SEEDS
(October 2012)
10 local crops
India
Sales: €4 M
SHAMROCK SEED
(October 2013)
Lettuce, greens, melon, watermelon, pepper
United States
Sales: $20 M
TROPDICORP
(March 2015)
Gourds, pumpkin
Vietnam
Sales: $6 M
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KEY INFORMATION 2015
Sales: more than $25 M
Operational entities in the United States and in Europe (Italy and Spain) and a network of breeding stations
About 50 permanent employees:
about half of whom work in research and development
and 2/3 of whom are based in the USA and 1/3 in Europe
NEWS
ACQUISITION OF THE COMPANY GENICA RESEARCH CORPORATION
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ACQUISITION OF GENICA RESEARCH CORPORATION (USA. VEGETABLE SEEDS)
The operation made:
Full acquisition of the company Genica Research Corporation
▌ Company founded in 1999 and held by several of its managers
▌ Company headquarters based in Dixon in California
▌ Company totally specialized in vegetable seeds, with its main activities in:
research,
breeding,
production,
and distribution - by delegation - of hybrid seeds.
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Vilmorin & Cie SA issued this content on 01 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 February 2016 07:51:07 UTC
Original Document: http://www.vilmorin.info/vilmorin/CMS/Files/Operations financieres/2016/Presentation_VCO_01_02_2016_GB.pdf