CPH CHEMIE + PAPIER HOLDING AG A tradition of innovation
Welcome
to Perlen Papier
Over 140 years of Perlen Papier
Raw materials | Production | Sales | |||
W a t e r | F i b r e s | L o g i s t i c s |
Own capacities | - | Recovered paper |
#1 | ||
- | Wood | |
- | Pulp | |
E l e c t r i c i t y | H e a t |
- | Electricity market | Steam from | |
- | Biomass power | - | Renergia waste |
plant | incinerator | ||
- | Hydro power | - | Biomass power |
plants | plant |
Page 3 08.09.2020
- 565 000 tonnes on two paper machines (PMs)
- 365 000 tonnes of newsprint (PM 7)
- 200 000 tonnes of magazine paper (PM 4)
- PM 7: most advanced machine in Europe
- Productivity 2009-2019: +72%
- 360 employees
- ISO 9001, 14001 and 45001
- Sustainability: carbon footprint <76% of competitors
- Own recovered paper sorting plant in Utzenstorf
- 90% by truck
- 10% by rail
-
Focus: core markets
(in Switzerland and neighbouring countries) - LOG auction platform
Our products and their use
PM 4
Magazine paper (LWC)
PM 7
MagazinesNewsprint 35%
Newspapers
65%
Page 4 08.09.2020
Graphic printing paper types
Price
Page 4 08.09.2020
Wood-free coated
Wood-free uncoated
HWC
MWC
Enhanced LWC
Standard LWC
SCA (A, B, C)
Improved newsprint
Standard newsprint
= Range of Perlen Papier AG | Quality |
Our fibre raw materials
Recovered paper | 83.0 % |
500 000 tonnes a year
75% from
Wood16.7 %
100 000 tonnes a year
85% from
Pulp0.3 %
2 000 tonnes a year
Page 5 08.09.2020
The PM 7 newsprint paper machine
Europe's most advanced
Dryer section | Press section Wire section |
Reelers | Reel section | Calender |
Page 6 08.09.2020
Our sales network
Page 7 08.09.2020
Paris Munich
Perlen
Rome
Own offices
Core market sales offices: Switzerland, Germany, Italy, France
Agents: UK, Benelux, Spain, Eastern Europe, Turkey, India, China, Latin America
Our biggest competitor
- the internet
Page 8 08.09.2020
Overcapacities
- due to digitalization
Falling consumption | Overcapacity |
Page 9 08.09.2020
Overcapacities and prices
Production
Consumption -8 to 10% a year
Page 10 08.09.2020
Capacity, demand and prices
in Western Europe
Newsprint | |||||||||
Mio. t | |||||||||
10 | |||||||||
8 | |||||||||
6 | |||||||||
Capacity | |||||||||
4 | Demand | ||||||||
2 | |||||||||
0 | |||||||||
2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
CHF / t (45 g/m²) | |||||||||
1000 | |||||||||
900 | |||||||||
800 | |||||||||
700 | |||||||||
600 | Price | ||||||||
500 | |||||||||
400 | |||||||||
2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
Magazine paper
Mio. t
10 | |||||||||
8 | |||||||||
6 | |||||||||
4 | |||||||||
2 | |||||||||
0 | |||||||||
2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
CHF / t (LWC 60 g/m²) | |||||||||
1000 | |||||||||
900 | |||||||||
800 | |||||||||
700 | |||||||||
600 | |||||||||
500 | |||||||||
400 | |||||||||
2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
Page 11 08.09.2020
EUR/CHF, 2005-2019
> 80% EUR exports
Page 12 08.09.2020
Our response to market developments
Our key strategic thrusts
- Cost leadership in sales markets through efficient structures and processes
- Raising market share in a shrinking market
- Direct customer contacts and efficient customer services
- Flexible and swift decision-making
- Digitalizing our core processes
- Differentiation through modified and eco-efficient products
- Sustainability and reducing our emissions
Page 13 08.09.2020
Costs per tonne of paper
variable | |
-32 % | |
2009 | |
2009 | 2019 |
Page 14
08.09.2020
fixed
-49 %
2009 | 2019 |
Market shares in Western Europe
Western Europe
Page 15 08.09.2020
Digitalizing core processes
Machines & plant
Industry 3.0 Planning & steering
Customer connections
Industry 4.0 Supplier connections
LOG auction platform
Page 16 08.09.2020
Sustainability and carbon emissions
Climate-neutral paper?
Page 17 08.09.2020
Our partner Renergia
Energy from waste means per year:
250 000 tonnes of waste disposed of in Central Switzerland
160 gigawatt-hours of electricity generated, enough for 38 000 homes
30 million litres of heating oil saved
90 000 tonnes fewer CO2 emissions
Page 18 08.09.2020
Costs - quality - service
A competitive cost structure
Top quality | Flexible customer service |
Page 19 08.09.2020
Business development
Net sales
360 | ||||
300 | ||||
240 | ||||
180 | ||||
120 | ||||
60 | ||||
0 | ||||
2016 | 2017 | 2018 | 2019 | H1 20 |
in CHF million
EBITDA | |
60 | 24% |
50 | 20% |
40 | 16% |
30 | 12% |
20 | 8% |
10 | 4% |
0 | 0% |
2016 | 2017 | 2018 | 2019 | H1 20 | |
in CHF million | in % of net sales | ||||
2019 net sales by region
22% Switzerland
74% Rest of Europe
1% The Americas
3% Asia
Page 20 08.09.2020
1st half of 2020
- Demand for paper products already down 10% in Q1
- Q2 demand down 40% as a result of the coronavirus crisis
- Overcapacities forced production to be halted for days at a time
- Recovered paper prices rose again at the start of the coronavirus crisis, owing to restricted collections
Earnings benchmarks
Q1/18 - Q2/20
EBITDA in % of sales
Page 21 08.09.2020
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Disclaimer
CPH Chemie + Papier Holding AG published this content on 09 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 September 2020 10:34:07 UTC
