Orior AG
SIX:ORON

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Orior AG
SIX:ORON
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Price: 10.84 CHF -1.45%
Market Cap: CHf70.9m

Orior AG
Investor Relations

Orior AG engages in the production of fresh convenience foods and refined meats. The company is headquartered in Zurich, Zuerich and currently employs 1,992 full-time employees. The company went IPO on 2010-04-22. The firm operates in three segments: ORIOR Refinement, which produces traditional products such as Bundnerfleisch, cured and cooked ham, salami and Mostbrockli, which are sold in the food retailing, restaurant and food service sectors; ORIOR Convenience, which is focused on fresh convenience products, such as ready-made dishes, pates and terrines, fresh pasta, vegetarian products and ready-to-cook poultry and meat products, as well as seafood, ORIOR Corporate, Export and Logistics, which is responsible for the small-scale distribution of fresh and chilled products throughout Switzerland, as well as the export and marketing of the Company’s products under their respective brands, primarily in neighboring countries belonging to the European Union.

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Last Earnings Call
Fiscal Period
Q2 2022
Call Date
Aug 16, 2022
AI Summary
Q2 2022

Strong Organic Growth: ORIOR delivered 7.7% organic sales growth in H1 2022, with more than half from increased volumes across all segments.

Sales Guidance Raised: Full-year sales guidance was increased to CHF 645–660 million, reflecting strong H1 momentum and positive H2 outlook.

Margin Pressures: EBITDA margin dropped to 9.8% due to higher input costs and much lower government support versus last year.

High Input Costs: Raw material, energy, and logistics costs rose sharply, but some were mitigated by early procurement and gradual price increases.

Sustainability Progress: ORIOR Switzerland is now climate-neutral, and the group is targeting net zero by 2050, with external ratings upgrades received.

International Outperformance: International segment grew sales by 19%, led by strong recovery in Casualfood and new business at Berlin Airport.

Dividend Commitment: The dividend was raised again to CHF 2.40 per share, continuing the company's policy of steady annual increases.

Key Financials
Organic Sales Growth
7.7%
Revenue
CHF 309.2 million
Gross Margin
45.7%
EBITDA
CHF 30.2 million
EBITDA Margin
9.8%
EBIT
CHF 17.5 million
EBIT Margin
5.6%
Net Income (attributable to ORIOR shareholders)
CHF 13 million
Tax Rate
16.1%
Equity Ratio
20.2%
Leverage Ratio
2.14x
Cash Flow from Operating Activities
CHF 26 million
Cash Conversion
88.5%
Dividend per Share
CHF 2.40
Other Earnings Calls
2022
2021

Management

Mr. Filip De Spiegeleire
Interim CEO, CEO ORIOR Europe & Head ORIOR Europe
No Bio Available
Mr. Sacha D. Gerber
Chief Financial Officer
No Bio Available
Giorgio Mollo
Chief Information Officer
No Bio Available
Ms. Milena Mathiuet
Chief Corporate Affairs Officer & Investor Relations
No Bio Available
Mr. Bernhard Pfulg
CFO of ORIOR Switzerland
No Bio Available
Mr. Oscar Marini
Chief Executive Officer of Le Patron & Pastinella
No Bio Available
Mr. Max Dreussi
CEO of Convenience Segment
No Bio Available
Stefan Graf
Chief Supply Chain Officer
No Bio Available
Tazio Gagliardi
Chief Executive Officer of Rapelli
No Bio Available
Christoph Egger
Chief Executive Officer of Albert Spiess
No Bio Available

Contacts

Address
ZUERICH
Zurich
Dufourstrasse 101
Contacts
+41443086500.0
www.orior.ch