The TOMRA Transformation Journey slide image

The TOMRA Transformation Journey

INTRODUCTION TO COMPAC (ANNOUNCED 12.10.16) Introduction Compac is a New Zealand-based provider of post-harvest solutions and services to the global fresh produce industry Founded in 1984 by Hamish Kennedy with HQ in Auckland NZ and has around 700 employees Compac has a leading position within sorting of apples, kiwifruit, cherries, citrus, stonefruit, avocados and tomatoes The company designs, manufactures, sells and services packhouse automation systems that sort produce based on their weight, size, shape, colour, surface blemishes and internal quality Fruit handling equipment singulates fruits into lanes, in-feeds (wash and wax), inspects, sorts/grades and partly packages About 6,000 Compac sorting lanes have been sold worldwide in over 40 markets Key Financials (NZD)' Spectrim: Compac's latest sorter . • • • The sorter was launched in 2015 Represents an unmatched capability of external defect detection and an advanced 3D imaging and modelling For sorting of apples, citrus, stone fruit and kiwi fruit Uniform lighting that minimizes shadows and reflections Sensors and cameras generate up to 500 images of every piece of produce, creating an accurate 3D model of each fruit Three different wavelengths that can be configured to target specific defects: color, blemishes, bruising 175 155 135 115 95 35% 105 75 12% 152 10% 8% 75 662 55 35 7 8 15 -1 -5 4% 2% 3 0% -2% 6% do do do FY13 FY14 FY15 FY16 Revenues EBITDA EBITDA margin% TOMRA spectrim spect Sectro spectra (1) Compac's fiscal year ends 30th of June. FY16 is equal to the period 1 July 15 to 30th of June 16. FY13 and FY14 extracted from financial statements. FY15 and FY16 is management accounts, adjusted for one-off income and expenses. Not harmonised with TOMRA accounting principles 48 88
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