Sustainability Investor Relations Corporate Governance Brands and Services
 
    
home
sitemap
search
 
Investor Relations
Key figures 2012
Brief Company Description
Profile
Annual Report
Half-year results
Roto Smeets Group Shares
Important dates
AGM information
FAQ
 
 
 

FAQ


 What is the Roto Smeets Group?
 What is Roto Smeets Group's objective over the coming years?
 How is the total turnover spread across the business lines?
 What is the geographical distribution of the turnover?
 What is the breakdown by production process?
 What is the breakdown by market segment?
 What are the prospects?
 Where are Roto Smeets Group shares listed?
 How many shares have been issued?
 Who are the major shareholders?
 What is Roto Smeets Group's dividend policy?
 When will the year and the half-year figures be published?
 Who should I contact with IR-related queries?

What is the Roto Smeets Group?

Roto Smeets Group NV is a publicly quoted company listed on NYSE Euronext. Roto Smeets Group is an organisation of service businesses which transform their clients’ communications messages – with added value – into printed and multimedia productions.

The operating companies are clustered into two business lines:

PRINT PRODUCTIONS

The efficient production of rotogravure, web offset and sheet-fed print using specialised, full-service companies as consultant, producer or director, managing the total value chain from prepress to distribution.

MARKETING COMMUNICATIONS

The optimum facilitation of a client’s own communication channel, focusing on cross-media (concept, creation, development and supply), as well as recording consumer data and media response moments.

More information on the companies that are part of these businesslines can be found in section 'Brands and Services'.

 

top

What is Roto Smeets Group's objective over the coming years?

It is Roto Smeets Group’s ambition to provide efficient and high added-value services to its clients. Roto Smeets Group aims to realise this in a client focussed, open and reliable culture. A culture that is characterised by an urge for perfection, respect and mutual trust.

Adaptability, scale, modern means of production and speed of action must thereby contribute to a healthy development of earnings per share. Roto Smeets Group considers its environmental policy - like its concern for health, safety and welfare - to be an integral part of company policy. It also has a social engagement and

responsibility with respect to its employees, customers and community.

The company objective is to achieve an EBITDA /Valueadded value ratio of at least 20 %, with a return on capital employed of 8 %. This with a minimum solvency ratio of 30%, a debt / EBITDA ratio of no more than 3 and EBITDA /
interest costs ratio of at least 4.75. The company hereby focuses on free cashfl ow with a very strict discipline on investments for the longer term and strict control
of costs and working capital. In the current economic climate, a solid fi nancial balance sheet position is crucial for maintaining the confi dence of our customers, our suppliers, our shareholders and our employees.


Surplus free cashflow will be used to:
• reduce debts and pay dividend;
• maintain a strong balance sheet to be able to play a role in the necessary  

   consolidation.

 

top

How is the total turnover spread across the business lines?

In percentage terms, 94% of the turnover is achieved by Print Productions and 6% by Marketing Communications.

top

What is the geographical distribution of the turnover?

Geographical distribution of the 2011 turnover

Export       37,7%

Holland     62,3%

Export:

Scandinavia                       36%

England                             11%

Germany                            20%

Belgium                              14%

France                                  8%

USA                                      2%

Hungary                               5%

Other                                   3%


top

What is the breakdown by production process?

The turnover of 2011 can be broken down by production process as follows:

Gravure                              44%

Web-offset                         44%

Prepublishing / DM               6%

Sheet-fed                             6%



top

What is the breakdown by market segment?

The turnover can be broken down by market segment as follows:

Magazines                          43%

Promotional Print                38%

Catalogues                           8%

RTV magazines                      8%

Other                                    3%

top


What are the prospects?

The prospects for 2012 are coloured by the uncertainty resulting from a general awareness of and response to the economic crisis. In the second half of 2011 we saw high volumes, expecially in rotogravure, and improving prices. Now, though, the uncertainty has become apparent in negotiations on 2012 orders. This, plus the way the paper suppliers initially sought to boost their prices, made negotiations difficult and is continuing to do so even now, with adverse results in many cases. It is clear that a number of Roto Smeets Group's larger competitors are seriously concerned about their machine occupancy in the first six months of 2012 and have once again seized price as their weapon.

Another important element that may delay the recovery of our results is the increasing cost of labour. The social premiums, the unemployment premium that the sector pays, and the health care benefits have all increased in 2012. These factors have cancelled out a large part of the improvements achieved in 2011. This means that despite our satisfaction with 2011, Roto Smeets Group will be confronted with new challenges in 2012, to stay competitive in the longer term in the international arena.

Based on the market developments just sketched out, we feel it would be irresponsible to make any statements about the way our results will develop in the current year.


top

Where are Roto Smeets Group shares listed?

Roto Smeets Group NV is a Dutch company with registered offices in Deventer which acts as the holding company for the national and international businesses of Roto Smeets Group companies. The law requires Roto Smeets Group to be a full dual-board company. Roto Smeets Group is listed on NYSE Euronext with Amsterdam as its market entry place.

top

How many shares have been issued?

The company's authorised share capital is euro 75 million, and is divided into 7,500,000 ordinary shares and 7,500,000 preference shares, each with a value of euro 5. At 31 december 2011, 3,290,275 ordinary shares are issued and 3.287.132 are outstanding.

top

Who are the major shareholders?

Riva Investments BV 15,27%
Florijn Investments 13,48%
ING Group NV 12,12%
Stichting Administratiekantoor W.A.N. 19,98%
Marsala BV 22,02%

These percentages represent the numbers as at 9 May 2012.

top

What is the dividend per share?

Roto Smeets Group's dividend policy presupposes a cash payment of 40% of the net result per ordinary share, provided the Group's solvency fulfils the minimum requirement of 30%. In view of the negative result for 2011, no dividend will be paid.

top

What are important dates in 2012?

The half-year figures will be published on August 23, 2012 followed on November 8 with the business update on the 3rd quarter.

top

Who should I contact with IR-related queries?

For IR-related queries only, please contact Mr L. van Gelder.
Email: leo.van.gelder@rotosmeets.com
Tel.: +31 570 69 49 00

For other Corporate questions, please contact Emily Knegtel
E-mail: emily.knegtel@rotosmeets.com
Tel.: +31 570 69 49 33

top



 
contact - conditions for usage