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Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7...

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Group Description
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Page 1: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

Group Description

Page 2: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

2

I. GROUP’S OVERVIEW• Main Figures• Pork Meat Division • Energy Sector• Farming Sector

Page 3: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

3

I . GROUP’S OVERVIEW

Page 4: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

4

DESCRIPTION OF THE GROUP: Business Strategy

Pig sectorThe pork meat division in 2012 accountedfor 92% of the Group’s turnover.

The energy sector in 2012 accounted for 8% of the Group’s turnover

Energy Sector

Farming SectorThe agricultural sector represents for the Group the complete integration of farms and renewable energies and at the same time a significant CO2 absorption due to the hardwood plantation.

Real estate sector The Real Estate sector is an asset for the future. On the one hand, residential real estate, which will be valuable to us in years to come, and on the other, our industrial real estate, which will allow the GROUP to grow.

Page 5: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

5

GROUP’S OVERVIEW: Main Magnitudes

0

92

183

275

367

458

550

287,7 298,2369,6 397,1

463,3528,1

2008 2009 2010 2011 2012 R 2013 E

REVEUNES (€ millions)

0

60

120

180

240

300

164,5 160 162,2200,2

245,6295,8

2008 2009 2010 2011 2012 R 2013 E

EXPORTS (€ millions)

Page 6: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

6

GROUP’S OVERVIEW: Main Magnitudes

0

13

27

40

53

67

80

2936,4

53,662,7 68,7

76,4

2008 2009 2010 2011 2012 R 2013 E

EBITDA (€ million)

0

6

13

19

25

5,811,0 10,5

13,317,6

24,2

2008 2009 2010 2011 2012 R 2013 E

Earnings before Taxes (€ millions)

Page 7: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

GROUP’S OVERVIEW: Main Magnitudes

7

70.000

115.000

160.000

205.000

250.000

156.976146.872 152.276

178.725

200.649

225.000

2008 2009 2010 2011 2012 R 2013 E

COMMERCIALIZED MEAT (MT)

0

425

850

1.275

1.700

1406 1488 15351695 1681 1681

2008 2009 2010 2011 2012 R 2013 E

EMPLOYEES

Page 8: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

P O R K D I V I S I O N

8

Page 9: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

➤ ➤

➤➤

PORK DIVISION: Traceability, Production and Quality

9

Sales Distribution

Cutting Plants

By- products

Slaughterhouses

Offal and Casing

Farms

Fodder production plants

Genetics

By- products

Page 10: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

P O R K D I V I S I O N : Fo d d e r P r o d u c t i o n P l a n t s

10

Fodder production plants capacity: 55 Tonnes/hour

Farms: 32.500 sows302.000 pigs breeding and fattening

Page 11: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

➣1

RIVASAM

2

THE PINK PIG

3PPS

4

FRIO LIMPIO

5

PRIMACARNE

6

CAMPODULCE

Complex surface: 130.000 m2.Area occupied: 73.000 m2.

P O R K D I V I S I O N : Z u e ra I n d u s t r i a l C o m p l e x

11

Page 12: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

2

RIVASAM

1

LE PORC GOURMET

3

PPS4

P y D

Complex surface: 52.313 m2.Area occupied: 23.275 m2.

P O R K D I V I S I O N : Sta. Eugenìa de Berga Industrial Complex

12

Page 13: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

13

Slaughterhouses 1.360 Pig/hour

Cutting Plants Pig and sows: 200.649 Tonnes/years

P O R K D I V I S I O N : S l a u g h t e r h o u s e s a n d C u t t i n g P l a n t s

Page 14: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

14

IBERIAN PRODUCTIONSlaughterhouse: 130 /pigs per hour

Quartering chamber: 150,000 / pigs per yearHam dryer: 1,000.000 / pieces per year

Sausage elaboration chamber

P O R K D I V I S I O N : I b e r i a n c u r e d h a m

Page 15: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

15

HAM DRIER Processed/ Hams: 700,000

hams a year

P O R K D I V I S I O N : C u r e d H a m

Page 16: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

16

Refrigerated Warehouse:: 13.000 tonnes Offal and Casing Plants35 Mt butchering / day

30,000 guts / day

Pig by-products: 55.000 Tonnes /years

PORK DIVISION: Refrigeration, Offal and Casing

Page 17: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

P O R K D I V I S I O N : M a r k e t s h a r e

Vertical integration below 70%, offering flexibility and recur r ing p rofi t levels, balancing profit within the meat sector. This situation allows for the Group’s expected income within the meat sector to be recurring, sustainable and more predictable.

17

2011 2012 COMPANYCOMPANY

11

3,4%PIG QUARTERING CHAMBER

7,4%(IBERIAN) HAM PRODUCTION & SALES

2,0%FODDER FACTORIES & FARMS

5,9%SLAUGHTERHOUSES: LE PORC GOURMET

2,4%SLAUGHTERHOUSES: THE PINK PIG

33,0%SOW CUTTING PLANT

6,2%COMMERCIALIZATION OF ZOOSANITARY PRODUCTS

4,9%THERMAL TREATMENT OF BY-PRODUCTS

24%OFFALS & CASING PRODUCTION & SALES

National Market Share

(WHITE) HAM PRODUCTION & SALES

3,2%

7,4

2,0%

5,9%

2,4%

33%

6,2%

4,9%

23%

3,9%3,8%

Page 18: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

P O R K D I V I S I O N : Expor t share

18

GRUPO JORGE is the second pig producer and leading exporter in Spain everyone.representing 13% of Spanish total pig meat exports.

18,3 % (2011)

79,7 % (2011)

0,7 % (2011)

1,3 % (2011)

16,8 % (2012)0,2 % (2012)81,8 % (2012)

1,2 % (2012)

Page 19: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

E N E R G Y S E C T O R

19

Page 20: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

GROUP’S OVERVIEW: Energy Sector

20

Grupo Jorge Energy Sector was born as a pig sector diversification. The Group's first wind farms were built on land owned in 1999 and 2001.

Grupo Jorge photovoltaic division built its first plant in April 2008.

Page 21: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

Andalucía

ExtremaduraCastilla La Mancha

Murcia

Comunidad Valenciana

Catalunya

Aragón

NavarraPais Vasco

La Rioja

CantabríaAsturias

Galicia

Castilla León

Madrid

1

891013

11

12

3

2

4

5

67

E N E R G Y S E C T O R : Wind Farms

21

•70 MW net power attributable to the Group•Wind farm Contest of Aragón:

55,5 MW 100% Group101,5 MW other participating companies

•303 MW in RUMANIA (Frecatei y Somova)

WIND FARM CONTEST OF ARAGÓN 8. Zuera (Zaragoza) P.E. Odón de Buen 9. Sierra de Luna (Zaragoza) P.E. La Sarda 10. Gallur, Magallón (Zaragoza) P.E. La Muga 11. Almonacid (Zaragoza) P.E. Argovento 12. Anadón (Teruel) P.E. La Muela de Anadón 13. Magallón (Zaragoza) P.E. Habidite

1. Plasencia (Zaragoza) P.E. El Cosocojar2. Pedrola (Zaragoza) P.E. El Aguila3. Tauste (Zaragoza) P.E. Sancho Abarca 4. Almudevar / Tardienta (Huesca) P.E. Santa Quiteria5. Paramos de Poza (Burgos) Eólicas Paramos de Poza6. Espinosa de los Montes (Burgos) P.E. La Sia7. Valle de Valdebezana (Burgos) P.E. Montijo

Page 22: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

• 7 fully operational PV plants:5 plants with a joint power of 21 MW in accordance with RD 661/2007.2 plants with a joint power de 13,9 MW in accordance with RD 1578/2008

• 1 roof pv plant of 0,36 MW start up in 2012• 1 roof pv plant of 1,5 MW start up in February 2013

AREA III1. Murchante (Navarra) Solmasol II: 1 MW2. Zuera (Zaragoza) TGE: 9 MW3. Plasencia (Zaragoza) Solavanti I: 4 MW7. Zuera (Zaragoza) Desagri 1: 9,9 MW.

AREA IV4. Vinaceite (Teruel) Enerland: 8 MW5. Castelnou (Teruel) Solmasol VI: 1,1 MW

ROOF8. Zuera (Zaragoza) Solavanti XXII:0,36 MW9. Zaragoza Solavanti V: 1,5 MW

Cantabría

3

1 2

4 5

6

7

22

E N E R G Y S E C T O R : Photovol ta ic P lants

AREA V6. Espejo (Cordoba) SKY Espejo: 1,875 MW

Page 23: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

• Largest Aragon PV plant (110 Has.)• Power: 18,9 MW.• 1 Polar axis

23

ENERGY SECTOR: Photovoltaic Plants in Zuera

Page 24: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

24

ENERGY SECTOR: Plantas de Cogeneración

TRIGENERATION SYSTEM 9 MW. (ZUERA INDUSTRIAL COMPLEX)

BUILT IN 2000

• Power supply to Group’s Slaughterhouses and other facilities.

• Electricity supply to the grid. Access to OMIE electricity market.

• Cooling system of Slaughterhouses, Cutting Plants an Hitech

frozen facilities.

• Hot water supply to proccess.

COGENERATION SYSTEM 3 MW. (ANIMAL FEED FACTORIES CUARTE)

BUILT IN 1999

• Power supply to factory.

• Electricity supply to the grid. Access to OMIE electricity market.

• Steam supply to Animal feet factory proccess.

• Hot water supply to proccess.

Page 25: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

F A R M I N G S E C T O R

25

Page 26: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

FARMING SECTOR: Dry Land Farms and Farms in Transformation

26

Rueda, Lumpiaque, Pedrola, Fuendejalón Finca de Bujaraloz Finca Doux (Hoya de Huesca) Explotación agrícola La Muela Finca Doux (Figueruelas) Finca SariñenaFincas en ZueraFinca de Castejón de MonegrosFinca de Plasencia de Jalón

Area: 5.747 Has.

Page 27: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

27

F A R M I N G S E C T O R : Hardwood P lanta t ion

53.720 Cherry 26.144 Walnut

Page 28: Group Description...6 GROUP’S OVERVIEW: Main Magnitudes 0 13 27 40 53 67 80 29 36,4 53,6 62,7 68,7 76,4 2008 2009 2010 2011 2012 R 2013 E EBITDA (€ million) 0 6 13 19 25 5,8 11,0

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