TURPAZ INDUSTRIES LTD Investor Presentation
March 2024
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Disclaimer
This presentation was prepared by Turpaz Industries Ltd. (the "Company") for the sole purpose of conveying information regarding the Company and its subsidiaries (together with the Company "Turpaz Group"). This presentation does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase any securities of the Company and is intended to provide information only. This presentation is not intended to replace the need to review the Company's full reports to the Securities Authority and the Tel Aviv Stock Exchange Ltd. including, inter alia, the Company's periodic and immediate reports (hereinafter: "Company Reports") prior to making a decision regarding investment in the Company's securities.
In addition, this presentation cannot replace investment consulting by a lawfully licensed investment consultant.
This presentation includes statements data, forecasts, goals and Company plans that are "forward-looking statements", as defined in the Securities Law - 1968, whose occurrence is not certain, and which are not solely in the Company's control.
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These forward-looking statements are included, inter alia, in discussions of strategy, objectives, goals, plans, events, future intentions or other information relating to future events or issues whose occurrence is not certain.
By their nature, forward-looking statements involve risk and uncertainty. Whether the forward-looking information occurs or not is affected, inter alia, by risk factors characteristic to the Company's operations and developments in the general environment and external factors which impact the Turpaz Group and its area of activities.
Subject to the requirements of applicable law, the Company does not intend to update any industry information or forward-looking statements appearing in this presentation and is not required to publish any additional presentations for its shareholders in future.
A Fast Growing Leading Global F&F Company
Founded | 16 Production sites | 730 employees | Multinational fragrance, |
in 2011 | |||
globally | 66 in R&D (20 PhD) | flavor & specialty | |
ingredients house |
Talent Appointments Q1 2024: | Fragrance, taste, specialty fine ingredients | |
Continuous growth via M&A | Global Master Perfumer | |
(including citrus products & aroma | ||
Global Senior Flavorist | ||
and organic growth | chemical ingredients) | |
Global Procurement Manager | ||
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A Fast Growing Leading Global F&F Company
Global
Presence
Sales in over 60 countries More then 2,650 customers
Sales (M US $)
14.3
Broad
Product
Portfolio
16 worldwide sites
85.3
52.7
32.2
Financial
Success
2018-2023
X9 growth in sales
CAGR 54.9%
118.6
Public
Company
IPO on TASE in May 2021
Trade on SME-60. Symbol: TRPZ
127.4
4 *Unaudited internal data | |||||||||||||||
*2018 | *2019 | *2020 | 2021 | 2022 | 2023 |
Growth 2020 - 2023
Adj. EBITDA (M US $)
CAGR 63.2% | 26.9 | 27.8 | |||||
20.5 | |||||||
14.0 | |||||||
10.1 | |||||||
2.4
*2018 | *2019 | *2020 | 2021 | 2022 | 2023 |
Adj. EBITDA - Adjusted to reflect EBITDA without non-recurring expenses or income. *Unaudited internal data
2023 Highlights (US $)
Record Sales Result | Gross Profit | Adj. EBITDA / Margin |
$ 127.4M | $ 49.6M | $ 27.8M / 21.8% |
+ 7.4% | + 4.1% | +3.3% |
(2.9%) Organic |
Cash Flow | Positive Cash Balance | Net Profit |
from Operations | ||
$ 23.8M | $ 12.9M | |
$ 14.7M | ||
Destocking trend among the Taste segment customers | |
6 | ended during Q4 2023 - back to growth |
Global F&F Company
Latvia | ||||||||||||||||
Poland | ||||||||||||||||
USA | Belgium | Hungary | ||||||||||||||
France | Romania | |||||||||||||||
Israel | ||||||||||||||||
Vietnam
India
South-Africa
16 Production sites | |
7 | 18 R&D laboratories |
16 Sales & Marketing offices | |
Turpaz "Golden Triangle"
Specialty fine
Ingredients
Fragrance | Taste |
We develop tailored-maid solutions combining fragrances, flavors
and Specialty fine Ingredients under one roof
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Growing Core Business
Fragrances | Taste | Specialty Ingredients |
House-hold | Scented Candles | Odor Neutralizers | Confectionery | Soft Drinks | Bakery | Pharma |
intermediates | ||||||
Hair Care | Wet Wipes | Fine Fragrances | Coffee | Ice Cream | Herbs & Spices | Dietary Supplements |
Cosmetics | Fabric Care | Detergents | Oral Care | Fruits | Energy Bars | Citrus |
Body Care | Flavors for | Dairy | Aroma-Chemical | |||
Home Fragrances | Makeup | CBD Products | Animal Feed | |||
& Toiletries | ||||||
9 |
Goals & Strategy
Above-industry Growth | Continue Margin Expansion | Continue Acquisitions Strategy |
M&A | Leverage |
synergies |
New products | Innovation |
Cross-selling New customers New markets Organic growth
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Turpaz Industries Ltd. published this content on 20 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 March 2024 06:41:02 UTC.
