ELondon Feb 27, 2020 (Thomson StreetEvents) -- ISibhalo esihleliweyo se-Mondi PLC yenkomfa yengeniso yefowuni okanye intetho ngoLwesine, nge-27 kaFebruwari 2020 ngo-9:00:00am GMT
Molweni nonke, kwaye namkelekile kwiMondi Full year Results Presentation ka-2019. Kwaye njengoko nisazi, ndingu-Andrew King, kwaye -- nangona, ndiyazi uninzi lwenu lundazi kakuhle, ngokuqinisekileyo eli lixesha lokuqala endinalo. inyhweba yokuzisa ezi ziphumo njengoko i-CEO yakho yonyula.Ngoko ke ndacinga ngaloo nto engqondweni, ndiza kuqala ndiqale ngeengcamango ezimbalwa, into endicinga ukuba ibalulekile ekuqhubeni ukusebenza kweqela kwiminyaka yokugqibela.Kwaye ndiyaqikelela, okona kubaluleke kakhulu, into endiyikholelwayo kukuba yeyona nto ibalulekileyo ekusebenzeni kweqela kwixesha elizayo.Ndizakubuyela kuphononongo lwamanqaku aphezulu ka-2019 kwaye emva koko ndigqibezele ngeengcinga ezingakumbi malunga nokumiswa kobuchule.
Njengoko sibona kwesi silayidi, ndicinga ukuba, okokuqala, uninzi lwento oyivayo iya kuqheleka kuwe, kwaye andizingxengxezeleli apho.Ngokucacileyo bendikunye neqela ixesha elide kwaye ndibe yinxalenye yokuqulunqwa kwesicwangciso seqela.Kwaye ndicinga ukuba sibe nombono ocacileyo wento esisebenzelayo, engasebenziyo kuthi.Kwaye okubalulekileyo, ndicinga ukuba siyazi ukuba okuninzi koku kuya kusixhasa nakwixesha elizayo.
Ewe kunjalo, nakwesiphi na isakhelo, kuyafuneka ukuba ube--ukhaliphile, uphendule kwiimeko njengoko zitshintsha.Ngokucacileyo, kukho ilizwe elihamba ngokukhawuleza kakhulu okwangoku ekufuneka siphendule kulo.Kodwa ndicinga ukuba imigaqo engundoqo yento endiza kukwenza kuyo, ndiyacinga, isisebenzele kakuhle, kwaye ndiyakholelwa ukuba iya kuqhubeka nokusinceda kakhulu kwixesha elizayo.
Njengoko ubona, okokuqala, sicinga ukuba uzinzo lungundoqo wethu.Ibingaphakathi kwe-DNA yeqela iminyaka emininzi ngoku.Olona gxininiso, ngokucacileyo, kwinani leminyaka, belumalunga nendlela esenza ngayo izinto.Iimpembelelo ishishini lethu elinalo kokusingqongileyo kunye nomsebenzi esiwenzileyo ukunciphisa naziphi na iimpembelelo ezingalunganga, kwaye enyanisweni, siphucule okusingqongileyo kunye noluntu esisebenza kulo.
Ndicinga ukuba sibe nempumelelo enkulu njengeqela ekuphumezeni oko.Kwaye, ewe, ngoku yonke i-ajenda iye yanda ukuya kwiimveliso ozivelisayo kunye nefuthe, elinalo kwihlabathi elisingqongileyo.
Kwaye ndiyacinga, kwakhona, apha, sikwimeko entle nengaqhelekanga, eneneni, esihlala siyishwankathela kwimotto yethu, iPhepha apho kunokwenzeka, iplastiki xa iluncedo.Singoyena mdlali uphambili kwityathanga lexabiso, njengoko usazi.Singabenzi beengxowa zephepha ezinkulu ehlabathini.Sinobukho obubonakalayo kumabakala ephepha le-kraft ekhethekileyo.Kwaye, ngokuqinisekileyo, siya kuba ngabaxhamli abacacileyo botshintsho lwezisombululo ezisekelwe ngakumbi.
Ngokucacileyo, into ekwasenza sahluke kukuba siyakwazi ukufikelela kubathengi, itekhnoloji, ukwazi, esibonelelwa lishishini lethu lokupakisha esekwe kwiplastiki, yona ngokwayo, ibone ithuba elibalulekileyo lokuphucula, ngakumbi malunga nokuqhuba ngaphezulu. ukurisayiklishwa kweemveliso ezisephepheni.
Ewe kunjalo, ishishini lethu lokuPakisha likwaxhamla nakwelinye -- ezinye zeendlela eziphambili esizibonayo emhlabeni ngoku.Ngokucacileyo, i-e-commerce yinto eqhubekayo, eqhubeka iqhuba ukukhula, ngakumbi kwicala lebhokisi, kodwa ngakumbi umdla ngoku nakwicala lebhegi, ukonyuka-umcimbi ojikeleze ukwanda kolwazi lophawu, olungekamki. kwaye iyaqhubeka nokuqhuba ukukhula kumabakala okupakisha.
Ke ngokufutshane, ndisibona ngokucacileyo kwicala lasekunene uninzi lweendlela eziphambili zeshishini.Ewe kunjalo, kuyacaca ukuba ukugxila kwethu ekubeni--i-asethi zethu ezixhaswe ngeendleko bezisoloko zisisiseko sento esiyiyo.Sikholelwa ngokucacileyo ukuba ukuhanjiswa ngexabiso eliphantsi kwiimarike ozikhethileyo yenye yezinto eziphambili zokuqhuba ixabiso, ngakumbi kwishishini lempuphu kunye nephepha.Oku kuhlala kungundoqo kwishishini lethu.Kwaye ndicinga ukuba kuninzi okuzayo malunga nento esinokuyenza kule ndawo.
Ngokucacileyo, ndiyakholelwa ukuba awona mandla aphambili athe achongwa kule minyaka idlulileyo kukucinga kwethu okungaguquguqukiyo nokuziphatha ngendlela elungeleleneyo malunga nolwabiwo lwemali.Thina, ewe, sifuna ukukhulisa ishishini lethu.Sikholelwa ukuba sinokhetho oluninzi lokukhula.Kodwa ke, oko kuhlala kufuneka kwenziwe ngokugxilwa kwe-razor-ebukhali ekudaleni ixabiso, kwaye oku akuyi kutshintsha.
Ewe, njengoko undazi kakuhle ngoku, ndiyalithanda iphepha eliqinileyo.Ndicinga ukuba oko kukunika ukhetho ngomjikelezo wotyalo-mali.Ukongeza kuloo nto, sinelungelo lokuvelisa imali eyomeleleyo ngomjikelo.Siza, ngokucacileyo, kule nto xa sijonga emva kwiziphumo zika-2019, kodwa oko, ukongeza-- kukunika uguquko olongezelelekileyo lokuthatha imbono enokubakho ye-countercyclical xa abanye bengakwazi ukuhamba.
Ekugqibeleni, ngokuqinisekileyo, awukwazi ukwenza oku ngaphandle kwabantu abafanelekileyo.Sinethamsanqa elikhulu malunga nobunzulu kunye namava etalente esinayo kumbutho.Ndiyibona kakhulu njengomsebenzi wam ukuqhubeka nokukhulisa nokuphuhlisa abantu abaninzi abanetalente kwaye ngokucacileyo, ukukhuthaza ngaphakathi kwenkcubeko yeyantlukwano kunye nokubandakanywa phakathi kweqela.Thina, ngokucacileyo, sinabantu abaninzi abanamava kwiqela, kwaye ndijonge phambili ekusebenzeni nabo njengoko siqhubela ishishini phambili.
Ngaloo nto, ndibuyela kumanqaku aphezulu ka-2019. Kwaye njengoko nonke nisazi kakuhle, ngaphandle kokwazi, u-2019 ubone ukuhla kulo mjikelo wamaxabiso kuninzi lwamanqaku ethu aphambili ephepha, kube nefuthe, ngokucacileyo, kukudodobala koqoqosho ngokubanzi. .Ngokuchasene nale meko, siye sanikezela ukusebenza okunamandla kakhulu kunye ne-EBITDA kwi-EUR 1.66 yezigidigidi, imida ye-22.8% kunye ne-ROCE ye-19.8%.
Ulawulo lweendleko olomeleleyo kunye negalelo elilungileyo lokufunyanwa kunye neCapEx, iprojekthi egqitywe ubukhulu becala ngo-2018 yathomalalisa uxinzelelo lwethu.Ngamandla alo msebenzi kunye nokubonisa intembeko kwikamva leshishini kunye nokuveliswa kwekheshi okuqinileyo esikubonayo, iBhodi indulule ukonyuka kwe-9% kwisabelo sonyaka wonke.
Kwicala loshishino, ngokucacileyo siye savuya apha enyakeni ukugqibezela ukwenziwa lula kolwakhiwo lweqela ukuba lube yi-plc enentloko enye, nto leyo isinika ukucaca ngakumbi njengombutho, ukulungelelanisa ukuhamba kwemali kwishishini kwaye, ngokuqinisekileyo, nokukhuthaza intsebenziswano. ukungabikho kwemali kwizabelo zakwaMondi.
Njengoko sele kukhankanyiwe, thina-- ndiyakholelwa ukuba sibekwe kwindawo ekhethekileyo ukunceda abathengi bethu ukuba batshintshele kwipakethe ezinzileyo.Kwaye ndiza kuphinda ndize kule nto kamva-inkcukacha ezininzi kamva kwinkcazo.
Ngokucacileyo, sikwavuya kakhulu ngenkqubela esiyenzileyo malunga nezibophelelo zethu ezizinzileyo zika-2020, kwaye sisanda kuzihlaziya mva nje izibophelelo zethu zemozulu ngokusekelwe koko kujoliswe kuko okusekwe kwisayensi.
Ukuba ndijonga ngakumbi iinkcukacha ngokufutshane kuphuhliso olusisiseko lwe-EBITDA.Uya kubona impembelelo ekuqaleni ebangelwe kukuhla komjikelo wamaxabiso.Ndiza kuza kumbala ongaphezulu koko kamva kwisiseko soshishino-nge-shishini.Kodwa abona baxhasi baphambili kumahluko amaxabiso angalunganga yayingamaxabiso asezantsi ebhodi elandela awona aphezulu abonwe ngasekupheleni kuka-2018 kunye namaxabiso asezantsi epulp.Amaxabiso ephepha le-Kraft abonelele nge-offset elungileyo, nangona, kwakhona, ezi zeza phantsi koxinzelelo ekuhambeni konyaka.
Uyakubona umahluko omkhulu wevolumu engalunganga, kodwa oku ngokuyinxenye kubonisa imeko yorhwebo ecela umngeni ngakumbi, ngakumbi ishishini leengxowa zethu kunye nomthamo ophantsi koxinzelelo kuMbindi Mpuma nakuMntla Afrika, ngakumbi, kunye nexesha elithile elithathiweyo ukulawula uluhlu lweempahla kwiphepha le-kraft kunye namacandelo ephepha elikhethekileyo kwisiqingatha sesibini sonyaka.Impembelelo enkulu, nangona kunjalo, ibangelwe kukucwangciswa kwexesha elide -- ukugcinwa okucwangcisiweyo okude kuvaliwe apha enyakeni kunye nezigqibo zokuphucula ipotifoliyo ezithathiweyo kwiinyanga ezili-18 ezidlulileyo.Kwaye oko kubandakanya i-containerboard kunye nokuvalwa koomatshini bephepha elihle eTurkey naseMzantsi Afrika, ngokulandelelanayo.
Oku kuthotyelwe kukukhula komthamo olungileyo kwishishini lethu eligudileyo kunye negalelo elisuka kwiiprojekthi ezinkulu ezigqitywe ngo-2018, ingakumbi ukwandisa umthamo kwiphepha le-kraft kunye ne-pulp.
Iindleko zegalelo beziphezulu unyaka nonyaka, nangona siye sabona ukukhululeka kweendleko ukuya kwisiqingatha sesibini sonyaka.Iinkuni, amandla kunye neekhemikhali ziye zaphuma ekuhambeni konyaka, ngelixa iphepha lokuphinda lisetyenziswe liphantsi unyaka nonyaka kwaye ngokulandelelana kwisiqingatha sesibini ngokuchasene nesiqingatha sokuqala.Okulindelekileyo ngoku yeyongeziweyo igalelo lokuthomalalisa iindleko ngo-2020.
Njengoko ubona, isiphumo esishiyekileyo sokufunyanwa kunye nokulahlwa kwaba yi-EUR yezigidi ezingama-45 ezahlukeneyo, ubukhulu becala ngenxa yegalelo lonyaka elipheleleyo le-Powerflute kunye nezityalo zebhegi zaseYiputa, esizifumene phakathi ku-2018.Inzuzo yexabiso elifanelekileyo lezamahlathi ibizizigidi ezingama-EUR ezingama-28 ngaphezulu kunonyaka ongaphambili, iqhutywa ngamaxabiso aphezulu amaplanga athunyelwa ngaphandle kunye nokunyuka komthamo wesambuku ngelo xesha.Kuyafaneleka ukuba uqaphele, nangona kunjalo, ukuba ubuninzi benzuzo kulo nyaka uqatshelwe kwisiqingatha sokuqala.Ngokusekwe kwiimeko zemarike zangoku, sinokulindela ukuba inzuzo ka-2020 ibe sezantsi kakhulu njengoko ukunyuka kwamaxabiso emithi kulindeleke ukuba kuthuliswe ngakumbi.
Ukuba ke ndikunika isishwankathelo segalelo leeyunithi zoshishino.Uyabona kwitshathi esekunene, sibonelela ngocazululo lwegalelo ngamacandelo oshishino kwiqela le-EBITDA.Kwaye kwicala lasekhohlo, unokubona intshukumo yeeyunithi zoshishino kwigalelo le-EBITDA.Kwinani elilandelayo lezilayidi, ndiza kukunika iinkcukacha ezithe vetshe ngeyunithi yeshishini.
Ukuthatha kuqala kwi-Corrugated Packaging, unokuyibona iqhubeka nokuhambisa imida eyomeleleyo kunye nembuyekezo ngaphandle koxinzelelo lwamaxabiso esele ndilukhankanyile.Ngelixa onke amabakala ebhodi yeebhokisi echatshazelweyo, umxube weemveliso esinawo umdla obalulekileyo kumacandelo awodwa e-white top kraftliner kunye ne-semichemical fluting iyakunciphisa ukuchanabeka kwethu kumjikelo.Ngokwenza umzekeliso, ixabiso elimiselweyo lebhodi esetyenziswe ngokutsha laliphantsi ngokomndilili malunga ne-18% unyaka nonyaka, ngelixa i-kraftliner ephezulu kunye ne-semichemicals bezisezantsi malunga ne-3% kwangelo xesha linye.Ngokufanayo, ngokuqinisekileyo, imeko yethu yeendleko eziphantsi, eyongezwe lulawulo lweendleko eziluqilima kunye namanyathelo ethu aqhubekayo okuphucula inzuzo kuthetha ukuba siqhubeleka sivelisa imbuyekezo eyomeleleyo kunye nokuhamba kwemali nokuba ukuhla komjikelo.
Kuyakhuthaza nangona kunjalo, ngoku sibona ukuphucuka kweemeko zemarike, kunye noluhlu lwempahla ngoku kumanqanaba aqhelekileyo kunye neencwadi eziodolo ezinamandla.Ngasemva koku, siqalise iingxoxo kunye nabathengi bethu malunga nokonyuka kwamaxabiso.
Xa sijonga ishishini elisezantsi, sivuyiswa kakhulu yintsebenzo yeshishini lethu le-Corrugated Solutions, ukufikelela kwi-3% ye-organic box volume growth kunye nokwandiswa komda njengoko ukugcinwa kwexabiso kwakunamandla phezu kokunciphisa iindleko zokufaka iphepha.
Emva koko ndiye kwi-Flexible Packaging.Uyayibona ukuba yonwabele unyaka owomeleleyo, kunye ne-EBITDA engaphantsi kwe-18% kunye nerekhodi yemida.Njengoko kukhankanyiwe, sakwazi ukunyusa amaxabiso ephepha lekraft ekuqaleni konyaka.Xa kujongwa ixesha elide lekhontrakthi kule marike, amaxabiso ngokwendalo ancamathele ngakumbi kunakwibakala lebhodi yeebhokisi kwaye uninzi lokonyuka kwisiqingatha sokuqala sonyaka kube kukubambezeleka kunyaka ongaphambili.
Ekuhambeni konyaka, siye sabona uxinzelelo lwamaxabiso njengoko ukudodobala koqoqosho ngokubanzi kube nefuthe kwimfuno, kwaye siqale ukubona ukhuphiswano olwandisiweyo oluvela kubavelisi abathile abaguqukayo.Oku kuqhubekile kwasekuqaleni kowama-2020, kuchaphazela uthethathethwano lwamaxabiso onyaka, kangangokuba siqale unyaka omtsha kumanqanaba asezantsi kunalawo aphunyezwe ngokomndilili wowama-2019. Okuvuyisayo kukuba, senza inkqubela entle kakhulu ekuphuhliseni icandelo lethu lephepha le-kraft elikhethekileyo, ukubona ukukhula kwevolyum elungileyo njengoko sasingena kumthengi okhulayo wokukhetha ukupakishwa okusekwe kwifiber.Ukukhula okuqhubekayo kweli candelo kukwaxhaswa ziiprojekthi zethu ze-CapEx e-Steti ngokukodwa, kunye namanyathelo ahlukeneyo okutshintsha iiplastiki.
Ishishini lengxowa yephepha elisezantsi liphumeze ukupasa kakuhle kumaxabiso aphezulu ephepha lekrafti, kodwa, kwangaxeshanye, labona imiqulu iphantsi koxinzelelo, ngakumbi, njengoko benditshilo kakade kuMbindi Mpuma kunye neemarike zaseAfrika, ezivezwe kakhulu. kwicandelo lokwakha nesamente.Okukhuthazayo, nangona iintsuku zakuqala, ngoku sibona into yokupakisha kwimeko yeengxowa.Ukusuka kwimbono yolwakhiwo, ukongeza kwamanye amathuba anomdla wokutshintsha izisombululo zokupakisha ezingazinzileyo, sikwabona ukwanda kwamathuba eemveliso zethu zeengxowa kwi-e-commerce, njengoko besenditshilo ngaphambili.
Abathengi abaguquguqukayo babonise iimpawu zabo zokukhusela xa bejongene nokudodobala koqoqosho, ukuqhubeka nokuguqula umxube wemveliso kunye nokuxhamla kwingqwalasela entsha eqhubekayo.Bakwaxhasa ukwaziswa kweemveliso zethu ezisekwe ephepheni kubathengi beplastiki zemveli, ngelixa bephuhlisa uluhlu lwezisombululo zeplastiki ezinokuphinda zisetyenziswe zilungele uqoqosho lwesetyhula.
Ukufudukela ke kwi-Engineered Materials.Njengoko ubona, kwakhona, kuhanjiswe ukusebenza okuphuculweyo kunye ne-EBITDA phezulu kwe-9% kwi-EUR 122 yezigidi.Nangona sicace gca ukuba oku kuye kwavuzwa ngenzuzo enye yee-EUR ezizigidi ezili-9 ngelo xesha.Ndonwabile kakhulu ukubona ukusebenza okuphuculweyo ukusuka kwicandelo lethu lokhathalelo lomntu, ngokuhambelana nokulindela kwethu njengoko befumana imiqulu ngokwandisa isabelo se-wallet.Thina, nangona kunjalo, silindele uxinzelelo olungakumbi lwamaxabiso ukuya phambili njengoko imveliso ephambili kweli candelo ikhula.Iqela lethu lezisombululo ze-extrusion lisebenza kuluhlu lwezisombululo zokugquma ezizinzileyo, esizibona njengophuhliso oluchulumancisayo ekuxhaseni amalinge ethu okupakisha azinzileyo.
Okokugqibela, ngokokuphononongwa kweyunithi yeshishini, ishishini lethu lePhepha Elingafakwanga, njengoko ubona, liyaqhubeka lizisa imbuyekezo eyomeleleyo kunye nokuhamba kwemali ngaphandle kwemiceli mngeni yeemeko zemarike, njengoko sixhamla kwiindawo zethu zeendleko ezikhuphisanayo zezityalo zethu kwaye ukuvezwa kwethu kwiimarike ezivelayo.Ngelixa amaxabiso ephepha angagqunywanga ebesicaba ukuya kuthi xhaxhe ngokuthozama unyaka nonyaka, amaxabiso e-pulp aye ehle kakhulu, echaphazela indawo yethu emide kwi-pulp.Ngowama-2020, siqikelela ukuba eso sikhundla simalunga neetoni ezingama-400,000 ngonyaka.Siye sabona uzinzo lwakutsha nje kumaxabiso ehlabathi jikelele, anokunyuka ngamandla.Oko kwathiwa, impembelelo ye-coronavirus, ngakumbi kwimfuno kwiimarike eziphambili zase-Asia, ayaziwa enokuthi ibe nefuthe elibi kwimbonakalo ukuba iziphumo zayo bezinokuqhubeka.
Kwaye mhlawumbi ngokufutshane nje, inkcazo ngokubanzi malunga ne-coronavirus.Njengeqela, ukuza kuthi ga ngoku, sibone impembelelo ethe ngqo enqongophele kakhulu xa sinikwa ukuchaneka kwethu okulinganiselweyo kwezo ngingqi zichaphazeleke ngokuthe ngqo ukuza kuthi ga ngoku.Nangona kunjalo, kucacile ukuba yimeko emanzi kakhulu, kwaye sijonga izinto ngokusondeleyo, kubandakanya nefuthe kwikhonkco lethu lokubonelela kwaye, ewe, abathengi bethu.Ekugqibeleni, sikholelwa ukuba eyona nkxalabo inkulu, ewe, yimpembelelo yokukhula koqoqosho ngokubanzi ngokubanzi kunye nokuba oku kunokuchaphazela njani imfuno yeemveliso zethu.Kodwa, ewe, oku kunzima kakhulu ukukuhlola kwaye imeko ayiphelelanga nje eMondi okanye, enyanisweni, kwishishini lethu.
Njengoko sele kukhankanyiwe, sonwabe kakhulu yindlela eyomeleleyo yokwenza imali esithe sayifumana enyakeni, kwaye ihleli ingamandla eshishini lethu.Njengoko ubona, senze i-EUR 1.64 yebhiliyoni yemali evela kwimisebenzi yeli xesha, iphantse yafana nonyaka ongaphambili ngaphandle kokuhla kwe-EBITDA.Oku kuxhaswe kukuguqulwa kokuphuma kwemali evela kwinkunzi esebenzayo ebonwe kunyaka ongaphambili, kunye nokutshintsha konyaka nonyaka okuxabisa malunga ne-EUR lezigidi ezili-150, isithintelo esibalulekileyo ekudodobala kwezoqoqosho.Le mali isetyenziselwe -- ukuxhasa inkqubo yethu eqhubekayo yeCapEx, kunye nenkcitho enkulu kunyaka we-EUR 757 yezigidi okanye i-187% yentlawulo yokuhla kwexabiso njengoko siqhubeka sityala imali ekukhuliseni ishishini.
Sikhokelela kwenye i-EUR 700 yezigidi ukuya kwi-EUR 800 yezigidi echithwe ngo-2020 ngaphambi kokuba oku kulindeleke ukuba kuhle kubuyele kwi-EUR 450 yezigidi ukuya kwi-EUR yezigidi ezingama-500 -- i-EUR 550 yezigidi kwinqanaba ngo-2021 njengoko inkcitho kumbhobho weprojekthi enkulu ngoku iyancipha. icimile.Ewe, sijonge kumathuba angakumbi okuphucula isiseko sethu se-asethi esinexabiso, esinokuchaphazela u-2021 nangaphaya, kodwa ezi zisekwinqanaba lakwangoko.
Njengoko benditshilo kwasekuqaleni, siyaqhubekeka ukubeka phambili isahlulo esiqhelekileyo kumxholo wepolisi yethu ye-2x ukuya kwi-3x.Ngokunjalo, iBhodi indulule isahlulo sokugqibela se-EUR 0.5572 ngesabelo ngasinye, inika isahlulo sonyaka esipheleleyo se-EUR 0.83 ngesabelo ngasinye.Oku kubonisa ukunyuka nge-9% kwisabelo sonyaka ongaphambili.Kwaye njengoko besele nditshilo, kubonakalisa ukomelela kokuveliswa kwemali yeshishini kunye nokuzithemba kweBhodi kwikamva.
Ukuba ke ndibuyela kwiingcinga ezijikeleze imigaqo kunye nangokwengcinga yethu yesicwangciso.Kwaye okokuqala, ngokungenazintloni ukuvuthelwa kwexilongo malunga nezinye zeempumelelo zethu zangaphambili.Njengoko ubona, sinebhongo ngokufanelekileyo ngento yokuba sizise ukuphucula kunye nokukhulisa i-EBITDA kunye nokuphucula imbuyekezo rhoqo ukusukela kuluhlu lwethu.Kwaye ngaphezu koko, siyenzile kumxholo wokuqinisekisa ikamva elizinzileyo leshishini.
Njengoko ubona, ndikhethe amagqabantshintshi okuba, umzekelo, irekhodi lethu lokhuseleko ngeli xesha.Kwaye ngokufanayo, ekujoliswe kuko ekukhutshweni kwegesi yegreenhouse esithe sayifumana kwixesha elidlulileyo lexesha, ngokuhambelana kakhulu nokucinga kwethu ukufaka isandla kwihlabathi elingcono.
Isakhelo sethu sobuchule.Kwakhona, le yitshathi ekufuneka iqhelekile kuwe.Kwaye kwakhona, ndicinga ukuba iqulathe ngenene imiyalezo ephambili malunga nento esicinga ukuba ibalulekile njengeqela, egxile kakhulu kumnqweno wethu wokuqhuba ukukhula okunexabiso kwisiseko esizinzileyo.Sineentsika zethu ezi-4 njengoko zichaziwe kulo mzobo.Kwaye ndiza kuthatha ezinye zeendawo eziphambili ukuba zikhankanye ukuya phambili.
Imodeli yethu ekhulayo ngokuzinzileyo, njengoko besenditshilo, ingundoqo kwishishini lethu.Yiyo -- siyibona njengendlela edityanisiweyo ngokupheleleyo kuphuhliso oluzinzileyo.Kwesi silayidi, ndithathe iindawo ezi-3 eziphambili zokugxila, ukuba ziimveliso ezizinzileyo, utshintsho lwemozulu kunye nabantu bethu.Ingqwalasela yokuqala ininzi kakhulu kwimveliso yethu kunye nefuthe loku okusingqongileyo.
I-EcoSolutions ifaka indlela yethu, ethi, kwakhona, ndiza kuza kwiinkcukacha ngakumbi kamva.Impembelelo yethu kokusingqongileyo -- kwimozulu ibaluleke kakhulu.Apha, sinebhongo ngenkqubela phambili ebalulekileyo esiyenzileyo kule minyaka idlulileyo ekunciphiseni ukukhutshwa kwe-CO2 ethile nangona siqonda ukuba kuninzi ekufuneka kwenziwe.Kwaye njengoko besenditshilo, siye saseka iithagethi ezisekwe kwisayensi zokukhutshwa kwekhabhoni ukuya kuthi ga kwi-2050, kunye neziganeko ezicacileyo ezicacileyo endleleni.Njengoko benditshilo kwasekuqaleni, abantu, ewe, ngowona mthombo wethu mkhulu, inkcubeko yethu yokhuseleko, ebiye yahamba uhambo olude igxininiswe kakuhle kwaye siyinkokeli yoshishino kulo mba, kodwa kuhlala kukho, ewe, ngaphezulu koku. yenza.
Into ethile, ndiyacinga, eyona nto isahlulekiyo kuthi ikwayiMondi Academy yethu eyenza umsebenzi omhle ekuqeqesheni nasekuphuhliseni abantu bethu benegalelo ekwabelaneni okugqwesileyo kwiqela lonke.
Ndihambe kakuhle kwesi silayidi, kodwa kwanele ukutsho, siye sabona ukuqaphela okubonakalayo kwangaphandle kumanyathelo ethu okuzinza kwaye sikholelwa ukuba ngokwenene senza igalelo lokwenene kwiinjongo zophuhliso oluzinzileyo lwe-UN.
Buyela kwi-EcoSolutions, egxile kakhulu kwindlela esinokubanceda ngayo abathengi bethu bahlangabezane neemfuno zabo zokupakisha okuzinzileyo.Ndiyazi uninzi lwenu ebenikunye nathi -- kutyelelo lwethu lwesiza saseSteti ekupheleni konyaka ophelileyo, ngebevile lukhulu malunga noku.Kodwa ukuphinda siphinde, le ndlela siyibonayo ihlanganisa iikhonsepthi ezi-3 zokutshintsha, ukunciphisa kunye nokuphinda kusetyenziswe.Sibandakanya apha imizekelo embalwa yophuhliso lwamva nje oluvela kuthi kwindawo nganye kwezi.Kwaye kunjalo, sibona oku njengendawo eqhubekayo yamathuba kuthi njengeshishini, kwaye siyile iyunithi ezinikeleyo equka iingcali kulo lonke ishishini lethu lokupakisha ukuqhuba eli nyathelo.
Esi sisilayidi esixakeke kakhulu, kodwa ndicinga ngokufutshane, into esiyibonayo lithuba elikhethekileyo lokuhambisa izisombululo ezizinzileyo kubathengi bethu.Njengoko ubona, sibonelela ngezisombululo ezisekwe kwiisubstrates, ukusuka kwiphepha elisulungekileyo ukuya kwiiplastiki ezicocekileyo kunye nendibaniselwano-kunye neendibaniselwano ezininzi, kuxhomekeke kwiimfuno zomntu ngamnye zabathengi bethu.Eli liqonga ekungekho namnye umntu okhuphisana naye okhoyo kubo.
Ukujonga ke ngokukodwa kugxininiso lokukhula kwixesha elizayo.Kwaye ngokucacileyo, ukujonga kwishishini-nge-shishini.Siyawabona amathuba amakhulu okukhula kumashishini ethu okupakisha.Siyawathanda onke amashishini okupakisha esikuwo, kwaye siyaqhubeka nokuxhasa ukukhula kwawo.
Sele, njengoko benditshilo ngaphambili, kwicala lasekunene lezinto eziphambili zokukhula kozinzo, urhwebo lwe-e-commerce kunye nokwandisa ulwazi lophawu.Siza kuqhubeka nokugxila ekukhuleni kwethu kweCapEx kunye nenkcitho yokuthenga ekuphuhliseni la mashishini.Oko kuthethiweyo, ngokuqinisekileyo, siya kujonga ukuqhubeka nokutyala imali ngokufanelekileyo kwamanye amashishini ethu.
Sijonge ukuqhubeka siphuhlisa kwaye someleze izikhundla ezomeleleyo ze-niche esele sizonwabele kwi-Engineered Materials, sijolise ngokukodwa kwezo zonwabela izibonelelo zokudityaniswa kunye nolunye unxibelelwano kunye nezicelo zethu zokupakisha.Umzekelo, njengoko ndicinga ukuba sele ndikhankanyile, izisombululo zethu ze-extrusion kunye nokukhulula imisebenzi ye-liner zibonelela ngeenzuzo zokudityaniswa kwamaphepha kunye nobuchule obukhethekileyo bobugcisa, ngakumbi kwimimandla yophuhliso lwamaphepha asebenzayo anika amathuba anomdla, ngakumbi kwiqela lethu le-EcoSolutions.
KwiPhepha Elicolekileyo eliNgafakwanga, umyalezo uhlala ungaguquguquki.Siza kuqhubeka ukutyala imali ukugcina ukukhuphisana kweli shishini, ngelixa kwangaxeshanye, sisebenzisa isiseko se-asethi esisisiseko, esiquka ezinye zezona zingqusho zinexabiso eliphezulu ukuphuhlisa kwiimarike zethu zokupakisha ezikhulayo.
Ummandla endicinga ukuba saziwa kakhulu ngawo ujikeleze ii-asethi zethu ezihlawulelwayo.Ndihlala ndinyanisekile kwinkolelo, njengoko besenditshilo, kwaye ndingaphinda ndigxininise kwakhona ukuba kumashishini e-pulp aphezulu kunye nephepha, ngokukodwa, ixabiso eliphambili lomqhubi wexabiso elihambelana neendleko ezinikezelwa kwimarike oyikhethileyo.Apha, ewe, sinelifa elikhulu malunga ne-80% yomthamo wethu kwisiqingatha esisezantsi sejiko leendleko ezifanelekileyo.Oku kuqhutywa yindawo ye-asethi, kodwa kunye nokuqhuba okungapheliyo kokusebenza, esikubona njengobuchule obuphambili beqela.Ndachaza, apha kwisilayidi, ezinye zeenkqubo eziphambili ezenza igalelo ekuqhubeni ukusebenza.Kodwa ekugqibeleni, imalunga nenkcubeko yeshishini, kwaye le yinto, ewe, ndiza kusebenza nzima kakhulu ukuyigcina.
Ukuzimisela kwethu ukutyala imali kwii-asethi ezixhaswe ngeendleko ngomjikelo ngomnye ummandla oqhube imbuyekezo enamandla kwaye uya kuqhubeka nokubonelela ngamathuba kwixesha elizayo.Kwakhona, nangona kunjalo, sicace gca ukuba olu tyalo-mali kufuneka lukhethe kakhulu kwaye kuphela kwii-asethi umntu azithembileyo ziya kunika inzuzo ezinzileyo yokhuphiswano.Asiyityali i-CapEx yokwandisa kwii-asethi ezingaphantsi.Le yinto endikholelwa kuyo.
Njengoko sele kukhankanyiwe, senza imali ebalulekileyo ngomjikelo, ngokunikwa imida yethu ekhokelayo kwishishini.Oku, kunye ne-balance sheet yethu eyomeleleyo, ibonelela ngobuchule bokuguquguquka kunye nokhetho lokukhula kwexesha elizayo.Ngokubhekiselele koku, izinto ezibalulekileyo kuthi azitshintshanga.Ndibona utyalo-mali kwii-asethi zethu njengento ephambili eqhubekayo kunye neendlela ezingakumbi zokusebenzisa isiseko se-asethi esinexabiso eliphantsi esijongwayo ngoku.
Ngokufanayo, sibona ulwabiwo lwabaninizabelo oluqhubekayo njengentsika ephambili yetyala lethu lotyalo-mali.Sikholelwa ukuba ukukhusela kunye nokukhulisa isahlulo esiqhelekileyo kumxholo wepolisi yethu ye-inshorensi yinto ephambili.
I-M&A ihlala ilukhetho lwexesha elizayo lokukhula.Ububanzi bethu bokuvezwa kokupakishwa bubonelela ngokhetho olubalulekileyo, kodwa rhoqo, njengoko besele ndicacisile, ngokujolisa incakuba ebukhali ekukhuleni kwexabiso.Ngokufanayo, sihlala sijonga oku ngokuchasene nenye yokwanda kolwabiwo lwabaninizabelo ngaphaya kwesahlulo esiqhelekileyo.
Ekugqibeleni, ngoko imbonakalo.Ndicinga ukuba sele ulifumene ithuba lokuyifunda le.Ngokuqinisekileyo andisayi kuphinda ndihambe ngayo kwakhona.Kodwa kwanele ukuthi, sijonge kwikamva ngokuzithemba, kwaye, ngokucacileyo, ndonwabile ngokobuqu ngamathuba endiwabonayo phambi kwethu.
Ke ngaloo nto, sinokuya kwimibuzo.Ndicinga ukuba sinazo iimayikrofoni zomgangatho.Kuzofuneka undinyamezele ngoba ndiyajula kodwa ndizokuma okoko ungandinxibisanga apho ndingahlala kodwa ayongxaki.Lars
Lars Kjellberg, iCrédit Suisse.Njengoko ungena kulo nyaka, ewe, wena--kukho iimimoya ezininzi.Sibiza loo maxabiso, njalo njalo, kwaye sifuna ukungaqiniseki.I-Mondi kwixesha elidlulileyo, njengoko ubonisile, ubonise amandla amakhulu okuphelisa iintloko, ngendlela kukho uphuculo lwesakhiwo kwisiseko sakho seendleko kunye nokuqhubela phambili ukuphucula.Ngaba ungabelana nathi ukuba loluphi uhlobo lokunciphisa onokuba nalo ngo-2020?Ngaba uzifumene ezinye zezi?Ndibhekisa, ndiyaqikelela, iindleko zokulondolozwa kweeprojekthi ze-CapEx kunye naziphi na iindleko zokuthatha onokuba nazo.Ukwakhankanye amathuba amaninzi osawabonayo okuqhubela phambili nokuphuhlisa ishishini, ucinga ukuba utyale imali eninzi kwisiseko sakho se-asethi kuya kuba nomdla ukubona ukuba ucinga ntoni ngalo mba?Kwaye kwakhona, inqaku lokugqibela, ndiyaqikelela, uthetha malunga ne-countercyclicality.Wena, ngokucacileyo, ku--okunye ukuhla okubonileyo, ubutyala imali ngaloo nto kwaye, ewe, kokubini kwigcuntswana leSwiecie ngokwalo kwaye kwinqanaba elithile ngamathuba.Ngawaphi amathuba owabonayo kolu hlobo lwe-countercyclicality kunye nokuphakamisa i-balance sheet yakho?
Enkosi.Ndicinga, ngokucacileyo, njengoko usitsho, eyokuqala, ngokwemiqathango ye, yibize, ukuzinceda, ndiyacinga, sisishwankathelo sento oyibuzayo ngokwemiqathango yokuqala.Ngokukodwa, ngokwesikhokelo seCapEx, ngokwegalelo elivela kwiiprojekthi zeCapEx, sicebisa ukuba ungalindela malunga ne-EUR yezigidi ezingama-40 eyongezelekayo yenzuzo yokusebenza ngo-2020 kwiiprojekthi zeCapEx, kwaye ubukhulu becala kukwenziwa kweeprojekthi. sele begunyazise.Ke akukho mngcipheko omkhulu wokubulawa malunga naloo nto.Ngokucacileyo yiprojekthi yeŠtetí, esiyimiseleyo, utyalo-mali oluyimpumelelo lwe-EUR 335 yezigidi ekuphuculeni nasekuphuculeni iŠtetí ebiqhuba ngo-2019, kwaye ke sijonge igalelo lonyaka ogcweleyo ngo-2020. Sichulumancile kakhulu yile nto.
Ngokukwanjalo, uphuculo lweRuzomberok pulp mill olugunyaziswe ngasemva kowama-2019 ngoku, kwaye siza kujonga, kwakhona, igalelo lonyaka opheleleyo kulo.Ngokucacileyo, sisengxakini yokutyala imali kwaye --kakuhle, ukwakha umatshini omtsha wephepha eRuzomberok ekupheleni konyaka, omele ugunyaziswe, oya kuthi, emva koko, asebenzise enye yaloo pulp. okwangoku kwisomisi sepulp kwaye ithengiswa kwimarike evulekileyo.Ngoko ke umxube uya kutshintsha ukuya kwi-2021. Kodwa ngo-2020, siya kuba negalelo ngokukhawuleza kwi-pulp eyongezelelweyo eRuzomberok.
Kwaye kukho uthotho lwezinye iiprojekthi, kubandakanywa ukupheliswa okuqhubekayo komsebenzi wethu we-Syktyvkar.Kwaye okubalulekileyo, kwakhona, utyalo-mali oluqhubekayo kwimisebenzi yethu yokuguqula, apho sandisa khona, umzekelo, kwiRiphabhliki yaseCzech kunye nakwimizi-mveliso yethu yaseJamani -- okanye ishishini elinzima eligxile kushishino.Sifaka isityalo esitsha, isityalo esitsha seengxowa e-Colombia kwaye sisakha kakhulu kuloo mandla esinawo malunga nothungelwano lwehlabathi kwishishini lethu leengxowa.Kwaye yi--ndicinga ukuba kukho ithuba elingakumbi malunga nalo.Kodwa kwixesha elifutshane, kugxilwe kakhulu apho.
Ngokufanayo, wena, ndiyacinga, ubhekiselele kwinto yokuba kwicala lolondolozo, besinenani eliphezulu kakhulu kunyaka ophelileyo ngokwesiphumo seendleko zolondolozo.Leyo yayiyindibaniselwano yezinto eziqhutywa kukuphunyezwa kweprojekthi eSlovakia, umzekelo, kodwa iqhutywa ziimfuno zobugcisa eSyktyvkar nokunye okunjalo.Yayiyiyo-- siqikelele ukuba yayimalunga ne-EUR ezizigidi ezili-150.Iza kuhla ukuya kwi-EUR yezigidi ezili-100 sisikhokelo sethu ngokwesiphumo sika-2020.Ke ezo zingoko nangoko, njengoko ubutshilo, ziphela.
Ndicinga ngokwemigaqo-kwaye ngenye indlela, ngokucacileyo, kwindleko yegalelo elingaphambili, ayisiyiyo eyethu ukwenza, kodwa ewe, umjikelo nawo uyanceda ngokwemiqathango yokunciphisa uxinzelelo olubonayo kumgca ophezulu kunye nokuthotywa kwexabiso legalelo ngokunjalo. .Sibona kuMbindi Yurophu, iindleko zokhuni, njengomzekelo, ziyehla.Zininzi iinkuni zentlekele ezijikeleze, eziya kuba sisiphumo kangangexesha elithile ngoku, kwaye oko kukuthi, ngokucacileyo, luncedo ngokwembono yeendleko zomthi.Iphepha lokurisayikilishwa kwakhona, ngokucacileyo, licimile kwakhona, kanye ukuba lingakanani ixesha kwaye, njalo njalo, luqikelelo lwakhe nabani na, kodwa kweli nqanaba, liluncedo ngokucacileyo.Kwaye ke amandla, iikhemikhali kunye nokunye okunjalo, ngokucacileyo, kunye nomjikelo wexabiso lemveliso jikelele ubonise ukukhululeka kweendleko, ukuba kukho nantoni na.Ngoko sibona ezinye zaloo nto.Ngokucacileyo, ukongezelela koko, siyayiphinda imigudu yethu.Ndiyazi ukuba kuhlala kukho uluvo lokuba senze okuninzi ngokweendleko zethu, kodwa sicinga ukuba kuhlala kuninzi ekufuneka kwenziwe.Sihlala siziva ngathi sithatha amanyathelo aphambili ekwenzeni izigqibo ezinokuba nzima ngelo xesha.Njengoko usazi, sithathe kumatshini wephepha eTurkey kulo nyaka, sivakalelwa kukuba lelona nyathelo lifanelekileyo ngenxa yolwakhiwo lweendleko apho, kwaye sithathe iindleko ezisisigxina ngenxa yoko.Senze nolunye uhlengahlengiso ukuze sikhuphe iindleko kwinkqubo.Kwaye yinto eqhubekayo.Kwaye njengoko benditshilo kweyethu-kwinkcazo-ntetho, yinxalenye yeDNA, yinxalenye yento esiyenzayo kwaye siya kuqhubeka siyenza loo nto.Ayisiyonto imalunga nohlenga-hlengiso olunye ngenxa yokuba sikwimeko yethamsanqa yokuba sibe namandla kakhulu njengeqela kuloo nto, kodwa siya kuqhubeka nokuqhuba loo mathuba.
Ndicinga ukuba ukhankanye ngamathuba okukhula.Ndicinga ukuba ndikhankanye kwezinye zezinto esele sikuloliwe.Ndiyikhankanyile into yokuba andikholelwa ukuba siphelelwe ngamandla ngokwamathuba ajikeleze isiseko sethu se-asethi.Kufuneka igxininise kakhulu kwinto esikholelwa ukuba zezo asethi zinenzuzo yokwenyani yokhuphiswano kumjikelo.Andicingi ukuba ndifuna ukungena kwiinkcukacha ezininzi ngamanye amathuba exesha elide.Kwanele ukuthi nantoni na esiyenzayo ngokweeprojekthi ezinkulu kwixesha elizayo ayinakwenzeka ukuba ichaphazele, okokuqala, ngokuqinisekileyo 2020 CapEx mhlawumbi ngo-2021. Yiyo loo nto ndiqinisekile ngesikhokelo endisinike sona ngo-2021. ndithanda ukufumana amathuba, ngokungafihlisiyo, ukonyusa inqanaba leCapEx kuba mna -- kodwa kuthatha ixesha ukuthatha nje ezi projekthi zexesha elide.Kodwa thina-njengomzekeliso, njengoko usazi, samisa okanye sawumisela omnye umatshini wephepha omtsha eŠtetí.Sinomthamo ogqithisiweyo wepulp, esiwuthengisa emarikeni okwangoku, kodwa sinamandla okujonga usetyenziso lwephepha elikhethekileyo lekraft apho.Eminye yeminye imisebenzi yethu emikhulu ayikalungiswa ngokumalunga namathuba exesha elizayo anokuza nawo.Ke ndicinga ukuba kukho ithuba elikhulu.Kodwa njengoko ndihlala ndiyigxininisa, inkcitho ikule misebenzi, esaziyo ukuba iya kusibona kumjikelo okanye nokuba yintoni na, kwaye yeyona nto ibalulekileyo kuthi.
Ngokubhekiselele kumathuba e-countercyclical, andicingi ukuba ndingaze nditsho ukuba-- ndikwazi ukubiza umjikelo onokuthi ungabinangqondo.Ndicinga ukuba sinayo-sijonge ukutyala imali ngomjikelo.Ndicinga ukuba yeyona nto ingcono onokuyenza.Ngokucacileyo, uyazama kwaye ulinganise eyakho--ithuba lakho lokwenyani kufuneka lithathwe ngakumbi kwisiphelo esisezantsi somjikelo kunesiphelo esiphezulu.Ngokufanayo, ukuxatyiswa kwee-asethi akulandeli imijikelo yamaxabiso, njalo njalo.Kwaye kusekho imali eninzi ngexabiso eliphantsi phaya kuleqa ii-asethi.Kwaye ke umntu kufuneka abe nengqiqo kakhulu malunga nendlela ojonga ngayo loo mathuba.Kodwa ndicinga ukuba into ebalulekileyo yeyobuchule, sinokhetho oluninzi ngaphakathi kwesakhelo esisebenza kuso, kufuneka ube nethuba elithile, kwaye siyaphila kula mathuba, kwaye siza kubona ukuba singawasebenzisa na.
NguBarry Dixon ovela kuDavy.Imibuzo embalwa.U-Andrew, malunga nemiba yexesha elifutshane ngakumbi, unokusinika nje ingqiqo malunga nokuba imeko yemfuno ijongeka njani, ngakumbi kwicala lokupakisha leshishini, kumacala amdaka kunye neebhetyebhetye, xa unikwe umsebenzi owomeleleyo. obukade ubopheleleke kulo-- ngakumbi ngo-2019 kwaye ijongeka njani loo mbono?
Okwesibini, ungasinika ingqiqo malunga nokuba uthethathethwano lwexabiso luhamba njani kwicala lebhodi lebhodi kunye nokuba nokwenzeka kokuphumelela kwezo kunye nexesha?
Kwaye okwesithathu, ubuyela nje kwisicwangciso solwabiwo lwenkunzi kwaye mhlawumbi ulandelelo oluvela kwi-Lars, uchonge ulwahlulo lokupakisha olu-2 njengeendawo zokukhula, kwaye uchonge, ndiyacinga, uhlobo lwabaqhubi. kuzo zombini ezi zinto malunga nozinzo, urhwebo lwe-e-commerce kunye nokwakhiwa kwebrendi.Xa ujonga-kwaye ucinga malunga nolwabiwo lwemali, uzibona phi izikhewu kula mashishini e-2 ngokubhekiselele apho kufuneka uchithe khona i-organically okanye nge-M & A ukuzalisekisa oko kuzinza, i-e-commerce kunye namathuba e-brand?
Kulungile.Ewe, ndicinga ukuba, okokuqala, ngokubhekiselele kumfanekiso wemfuno, njengoko utsho ngokufanelekileyo, kwicala le-corrugated, sivuyiswa kakhulu yintsebenzo yeshishini lethu leCorrugated Solutions kunyaka odlulileyo.Ngokucacileyo, sigxile kwingingqi.Kodwa njengoko benditshilo, siye safumana ukukhula kwebhokisi nge-3% ngonyaka, nto leyo endicinga ukuba kukusebenza ngamandla.Ngokuyinxenye yimbonakaliso ecacileyo yeemarike esisebenza kuzo, ezomelele kakhulu.Kodwa kwangaxeshanye, ndicinga ukuba siphinde sagqitha ukukhula kwemarike, nto leyo ekhuthaza kakhulu.Kwaye ngenene ibilugqaliselo olugqithisileyo kwinkonzo yabathengi kwaye ngokucacileyo, mninzi umsebenzi omtsha ebesiwenza kunye nabathengi bethu.Sibona ukukhula okuninzi kwicala le-e-commerce, kwaye iyakhuthaza kakhulu, kwaye siyaqhubeka nokuxhasa oko ngenkuthalo.Sinamanyathelo okuqala athile malunga noko.Kwaye kunjalo, sityala imali ekuxhaseni ukukhula, kwaye iyakhuthaza kakhulu loo nto.Kwaye ngokuqinisekileyo, siwuqale unyaka, kwakhona, ngamandla kweli cala.
Ngokubhekiselele kwishishini eliguquguqukayo, ndiyacinga, ngokucacileyo, li--kukho amacandelo ahlukeneyo kuloo nto.Njengoko besenditshilo kwicala lokuguquguquka kwabathengi, oko kubonakalisa ukomelela kakhulu.Kwaye ngokulula, ungatsho ukuba unesiphumo esincinci kakhulu sokuhla malunga nokubonakala kumanani evolumu kunye nezinto, kwaye iyakhuthaza kakhulu.Ikwishishini leengxowa, apho besithe unyaka ka-2019 unzima kakhulu.Ngoku iYurophu, iYurophu izinzile, ikude kancinci.Apho sibona ubuthathaka ikakhulu kuMbindi Mpuma kunye neemarike zaseMntla Afrika, ezibaluleke kakhulu kuthi.INorth America nayo ibe yindawo ebuthathaka ngo-2019. Yintoni ekhuthazayo ukuba ndijonge imeko yomyalelo, ngoku ziintsuku zokuqala enyakeni, kodwa imeko yokuya ku-2020 ngokwenene -- iphezulu xa ithelekiswa nexesha lonyaka ophelileyo. .Njengoko ndisitsho, yimihla yokuqala, kwaye umntu akufanele atolike kakhulu, kodwa iyakhuthaza.
Ngoku njengoko benditshilo, ngakumbi kwezo marike zokuthumela ngaphandle, uninzi lwayo luqhutywa ngesamente, kwaye umntu uyakuyibukela loo nto.Kwaye, ngokuqinisekileyo, imiba ye-macroeconomic echaphazela imfuno yokwakha, kunye nokunye, ibalulekile.Kodwa akufanele kubonwe ukuba ezi ziimarike ezifanayo.Kukho naliphi na inani lemiba eyahlukeneyo echaphazela ipotfoliyo iyonke.Ngamafutshane, bekuthambe kancinci kulo nyaka uphelileyo, kuqale ukukhuthaza ngakumbi kulo nyaka, kodwa ziintsuku zokuqala kweli cala lezinto.
Iingxoxo zexabiso.Ndiyathetha, njengoko usitsho, njengoko siye saphuma kunye nokunyuka kwexabiso, zombini kwicala elihlaziyiweyo kwaye ngakumbi ecaleni kwi-kraftliner engaxutywanga.Sikholelwa ukuba oku kuxhaswa kakhulu.Njengoko unokulindela, sibona amanqanaba e-inventri aqhelekile ukuba abe ngaphantsi kancinci.Sibona iincwadi zokuodola ezomeleleyo, kwaye oko kuhlala kusisiseko esiqinileyo sokuphuma kunye nokunyuka kwamaxabiso.Yimihla yokuqala kuloo nkqubo.Kunzima kakhulu ukukunika isikhokelo esiqinileyo, kodwa sikholelwa ukuba sinesizathu esivakalayo, kwaye sikwiingxoxo nabathengi bethu okwangoku.
Ngokumalunga nolwabiwo lwenkunzi, ndicinga ukuba impendulo emfutshane andiziboni izikhewu, ngokomlinganiselo.Ndibona amathuba, mhlawumbi ndivakala njenge-CEO apha.Ndicinga ukuba-hayi, ndicinga ukuba sibona okuninzi esinokuqhubeka nokuqhuba ishishini lethu.Kwaye kunjalo, ukuba sinokongeza oko ngokuzisa isakhono, kokubini nokuba kungokufikeleleka ngokwejografi kunye/okanye ulwazi lobuchwephesha olunokongeza into esinayo, singavuleleka kakhulu ekujongeni oko.Kodwa njengoko nditshoyo, andicingi ukuba kukho indawo enye apho siphantsi kwalo mbandela.Ndiyathetha, ngokucacileyo, ishishini lethu leebhegi lomelele kakhulu, kwaye siya kuqhubeka sikhulisa oko ngokukhula ngokunyukayo.Kodwa ngokwenyani, i-capital onokuthi uyibeke kwinto, ekugqibeleni kwihlabathi, imarike ye-niche enobulungisa inyanzelekile.
Kwicala lesithuba seplastiki, sinendawo eyomeleleyo kakhulu eYurophu.Yona -- kufuneka uyijonge ngakumbi kwimarike-nge-marike.Kuhlala kukho iinkcazelo eziqhelekileyo kakhulu ukuba yintoni na imarike bhetyebhetye.Umzekelo, somelele ngokugqithisileyo kumacandelo esisebenza kuwo. Ngaba singayandisa oko ngokunokwenzeka, kodwa kufuneka ibe yinto esiqiniseke ngayo kakhulu esiyaziyo, kwaye inegalelo kushishino lwethu ngokubanzi.
UJustin Jordan wase-Exane.Okokuqala, Andrew, ndifuna ukuthi egameni lomhlalutyi kunye nabacebisi boluntu, halala ngokuqeshwa kwakho njenge-CEO.Ndiqinisekile sikunqwenelela impumelelo kule minyaka izayo.Ndineentlobo ezi-3 zemibuzo.Okokuqala, enye, ixesha elifutshane kakhulu kwaye ezimbini, uhlobo lwexesha eliphakathi.Okokuqala, ixesha elifutshane.Ndiyaqikelela, ukuba sicinga emva Štetí Capital Markets Day kwiinyanga ezimbalwa ezidlulileyo ngoku, uthethe okanye uye wabonisa okunene, ndiyacinga, kwaku-e-commerce for a guy enkulu e-commerce yehlabathi, kwaye wabalaselisa eziliqela. iplastiki enokuthi ithathelwe indawo ngepakethe esekwe ephepheni kwizinto ezifana nepasta.Ngaba kukho nantoni na onokuyithetha namhlanje malunga nendlela eziqhuba ngayo ezo zilingo okanye iiodolo zamva nje okanye ophumeleleyo kolo hlobo lomxholo wozinzo?
Okwesibini, kuqhubeke, ndiyaqikelela, iSilayidi sakho sama-24, kucace gca ukuba uhlobo lwezahlulo ezingundoqo eziya phambili ndiyacinga, i-Corrugated and Flexible Packaging, ecacileyo ngokucacileyo.Ithetha ukuthini loo nto kwishishini lePhepha eliLingafakwanga?Ngokucacileyo, ndibamba ngokupheleleyo, kodwa lukhuphiswano lweendleko zehlabathi.Kodwa xa sijonga uhlobo lomoya ovuthuzayo, ngakumbi kwelo shishini, ngaba kufuneka siyijonge njengenjini yokuvelisa imali ukuxhasa ukukhula kwamanye amacandelo ama-2 angundoqo okukhula kwexesha elide?
Kwaye okwesithathu, ndiyaqikelela, ukwakha kuloo nto, xa sicinga malunga nesikhokelo sakho se-'21 CapEx, i-EUR 450 yezigidi ukuya kwi-EUR 550 yezigidi, ethi, ukuba ndinokuthi ndiyenze buthuntu, ikuguqule ube ngumatshini wokuhamba kwemali simahla.Ngokungathandabuzekiyo, ngaba oko kukunika ukucinga kwakhona kwisabelo sakho esikhethekileyo sikaMeyi ka-2018, ngaba oko kuvula ithuba lokufumana kwakhona isahlulo esikhethekileyo ngo-'21?
Enkosi.Ngokuqhelekileyo ukuncoma kulandelwa yimibuzo enzima.Hayi. Ndicinga kwi--ndiyathetha, ngokwemigqaliselo yokuphumelela, andizukungena kwiinkcukacha ezithile kuloo nto, kodwa ndicinga ukuba, zombini kwi-e-commerce front, sikubonise i-MailerBAG, umzekelo, I-MailerBAG esiyisebenzisayo, siyityhala kakhulu kubathengi bethu be-e-commerce, kwaye iyamkelwa kakuhle kakhulu.Yinto yendalo -- yimveliso ecacileyo kuba isusa yonke into esongelayo kunye nezinto onokuthi uzifumana kweyakho -- ethi incwadi yakho ingene. Ngoku icocekile, izinzileyo, inokuphinda isetyenziswe, ihlaziywa, yonke into, ibhegi yephepha, kwaye loo nto ifumana impendulo entle kakhulu.Kwaye ke siyakhuthazwa kakhulu yile nto.Ngokufanayo, kwicala lozinzo, senza umsebenzi omninzi, njengoko uve kuzo zonke iimveliso othe wathathwa ngazo eSteti.Kwaye oko kukugxila okuqhubekayo.Kwakhona, kufuneka ibonwe njengepotfoliyo.Ndikhuthazeke kakhulu.Ukuba ujonga amanani ethu malunga nokukhula okujikeleze iphepha lethu le-kraft elikhethekileyo, ngokubanzi, elingena kakhulu kula maphepha asebenzayo, kodwa, ngokucacileyo, nokungena kuyo yonke ibhegi ye-shopper elula kunye nokunye okunjalo, ubona okwenyani. ukukhula kwelo shishini, kwaye benze kakuhle kakhulu kwaye bayaqhubeka nokuphuhlisa loo potfoliyo kunye naloo marike, ngokungafihlisiyo, kuba ngandlela thile, yimarike entsha ngokupheleleyo umntu ayiphuhlisayo apho.Ininzi inkqubela entle apho, kwaye siya kuqhubeka sinikela amandla amaninzi ekuqhubeni oko.
Ngokubhekiselele kwishishini lamaphepha amahle.Lishishini elikhulu.Sinesikhundla esomeleleyo kakhulu, njengoko besenditshilo.Ii-asethi ezingundoqo kukho zonke ii-asethi ezixubeneyo.Ngamanye amazwi, bavelisa zombini iphepha elicolekileyo kunye nepulp, engasetyenziswanga kwintengiso yephepha elihle, uninzi lwepulp, umzekelo, olusuka eMzantsi Afrika, luthengiswa e-Asiya kwiimarike zethishu kunye nezi kunye nokunye. , ngokucacileyo, ukwenza amabanga e-containerboard ngokunjalo.Ndibona ikamva lelo shishini li-- siza kuqhubeka nokuqhuba kwaye sihlale sikhuphisana kakhulu kwimakethi yamaphepha entle.Ndiyakholelwa ukuba unga-- kufuneka ube ngumnini olungileyo wayo nayiphi na impahla yakho, kwaye siya kuqhubeka sityala imali ngokufanelekileyo ukuzigcina zikhuphisana.Kodwa, ewe, utshintsho malunga nokukhula kweCapEx lukhulu kakhulu kwezo marike zikhulayo zokupakisha.Ngomzekelo, ngokucacileyo, iprojekthi yamva nje-- iseSlovakia kwinto oyibiza ngokuba sisisila sephepha esicolekileyo, kodwa isenza loo mveliso yebhodi yebhodi exutyiweyo, isebenzisa isiseko seendleko esimangalisayo esinaso apho, kodwa ukukhulisa ukukhula. iimarike zokupakisha, kwaye ndicinga ukuba siza kubona amathuba aqhubekayo oko.Kodwa kwangaxeshanye, ishishini eliphambili lamaphepha lihlala likhuphisana kakhulu, kwaye siya kuqhubeka nokutyala imali kulo njengoko kufanelekile.
Ngokwemali, ndivuma ngokupheleleyo ukuba sivelisa imali eninzi kakhulu.Ndicinga ukuba undivile ndisitsho amaxesha ambalwa, kwaye ndizakuqhubeka ndisithi ngengcaciso, iCapEx, njengoko benditshilo, izakwehla ngo-2021, kungekho enye into.Ndiyenze yacaca kakhulu, nangona kunjalo, siyawabona amathuba amaninzi kwiqela, kwaye ngokuqinisekileyo siya kujonga ukuxhasa ukukhula kwaloo mashishini, kodwa kufuneka kulinganiswe ngokucacileyo kuzo zonke ezinye iindlela.Kwaye enye yeendlela ezizezinye, ewe, kukubuyisela imali kubanini-zabelo, kwaye siyazilinganisa ngokuchasene nezo mpawu, ukuba sinokutsho, ngalo lonke ixesha.Ndicinga ukuba abanini-zabelo bethu bayakubona ukuba kuluxanduva kuthi ukukhangela ezo ndlela zokukhula ezinokudala ixabiso kubo, kwaye yiloo nto thina, njengabaphathi, esithunywe ukuba siyenze.Kodwa kwangaxeshanye, sivuleleke kakhulu ukuba loo mathuba afanelekileyo awaveli ngolandelelwano oluchanekileyo, njengoko sibonisile emva - ngasemva kweziphumo zika-2017.Sikwakulungele ukujonga ezinye izinikezelo ukuba yindlela efanelekileyo leyo.
UDavid O'Brien waseGoodbody.Okokuqala, ukhankanye ukuba ukugcinwa kwexabiso lebhokisi kube kuhle.Jonga, ndiyazi ukuba izakuba ngqo kwinkampani enikiweyo enikwe umahluko ojikeleze loo mashishini.Kodwa ungasinika amava akho malunga nokuba amaxabiso ebhokisi anyukile kangakanani ngo-2018 kwaye baye bahamba phi ukusukela ngoko?Kwaye ndiyaqikelela, uxinzelelo luyaqhubeka ukuhlala kumaxabiso amaxabiso apho.Kufuneka sicinge nini malunga nabo abadlulayo (akuvakaliyo) kwaye ngaba oko kuxhomekeke kuphela kuyo nayiphi na impumelelo kwicala le-containerboard?Kwaye malunga nokunyuka kwexabiso le-containerboard, ngokulula nje, ungasichazela ukuba yintoni etshintshileyo ukusukela ngoMeyi kulo nyaka uphelileyo, xa imfuno iyafana?Njengokuba, ngaba uluhlu lwempahla lwehle ngolo hlobo?Yaye ngaba unokuzichaza ukuba ziye phi ukuze zikunike intembelo elolo hlobo malunga nolwando olukhoyo?
Kwishishini lokuguquguquka, kucacile kananjalo ukuba kukho uxinzelelo oluzayo.Ukuba sijonga iprofayile yomda '18 ukuya kwi-'19, isuka kwi-17% ukuya malunga ne-20% ye-EBITDA.Ngaba sibuyela kwi-17% ngo-2020?Okanye ngaba ucinga ukuba ungabamba umgca onikwe ezinye zezinto zokunciphisa ozikhankanyileyo?
Kwaye okokugqibela, i-Engineered Materials, imbuyekezo yakho kwi-capital eqeshwe yi-13.8% kwaye ibeka ngokucacileyo inqanaba leqela elibanzi.Zeziphi iinjongo zexesha eliphakathi apho?Yintoni enokufezekiswa, xa unikwa ezinye zeengcinezelo oziphawulileyo kwenye yeemveliso zakho eziphambili?
Kulungile.Ndicinga, okokuqala, kumaxabiso ebhokisi, ndicinga ukuba ukhankanyile malunga no-2018. Andiqinisekanga ukuba loo nto yayiyi -- ngokucacileyo, ixabiso lebhokisi - ndiyathetha, ukuba umntu ujonga emva kwimbali, sabona amaxabiso e-containerboard. banyuke kakhulu ngo-2018 emva koko baphume ngasemva kwi-'18 ngaphambi kokuba baqale ukuphuma kancinci.Amaxabiso eebhokisi ayelandela loo nto.Abaguquli babone umda ucudiswa ngo-2018 njengoko behlala beleqa ibhokisi-- amaxabiso ebhodi yeebhokisi anyuka.Kwaye ke ukuya kuthi ga ngo-2019, ngokufanelekileyo, loo nto ijike entlokweni yayo, njengoko ubonile, amaxabiso ebhodi yeebhokisi ayehla, kwaye amaxabiso ebhokisi abambe kakuhle kakhulu.Oko akuthethi ukuba amaxabiso ebhokisi ebengaphumi ngokwemigaqo epheleleyo, kodwa ngokunxulumene nokwehliswa kwexabiso le-containerboard, ngokucacileyo bebebambelele.Kwaye ndicinga ukuba, ngandlela thile, ngaphaya kokulindelweyo ukuba ujonga imarike ngokubanzi.Ke siye sabona ukwanda komda ngo--kwishishini lokuguqula, nangona kunjalo ngokwemiqathango epheleleyo, amaxabiso ebhokisi, njengoko ndisitsho, ndiyagxininisa, sele ephuma kwinqanaba elithile.
Ndicinga ukuba umbuzo ka-2020 uhlala ujikeleze kwicala lebhodi.Ngokucacileyo, siyabona, kwaye ndiza kuza ekubeni kutheni sikholelwa ukuba inyathelo lexabiso le-containerboard lifanelekile.Kodwa ukuba ubona i-containerboard iqala ukuthotywa kwaye inyuke, ke ndicinga ukuba kukho konke ukuthetheleleka kwamaxabiso ebhokisi angayilandeli ezantsi, kodwa ukuba kukho nantoni na, ukuzinza kunye nokubanakho ukuchacha.Kodwa kuninzi kakhulu, ngokombono wam, umsebenzi wecala lebhodi yesiqulathi.Ndicinga ukuba, ngokunyanisekileyo, u-2018 ibingunyaka onzima kubaguquli, u-2019 wawuchasene.Loluphi uhlobo lomda ozinzileyo wexesha elide kubaguquli mhlawumbi yinto ephakathi.
Kwicala lebhodi yebhokisi, ndiyathetha, yintoni etshintshileyo ukusukela ngoMeyi ophelileyo?Ndiyathetha, enye into amaxabiso aphantsi.Njengoko usazi, ukusukela ngoMeyi kulo nyaka uphelileyo, amaxabiso ehla.Ndiyathetha ukuba bazinzile kwikota yesithathu, kwaye emva koko kwabakho ukuguguleka kwexabiso kwi-Q4 kwaye kancinci ekuqaleni kwalo nyaka.Ndicinga, ngokucacileyo, into esiyibonayo emhlabeni ngoku, njengoko nditshoyo, yimeko yomyalelo oqinileyo.Sibhukisiwe.Ngokubanzi, njengoko siqonda, amanqanaba e-inventri kulo lonke ishishini afanelekile ukuya ezantsi kwaye siphumile, njengoko ubutshilo, besingomnye wabokuqala ukuphuma, ndiyakholelwa, kunyuso oluhlaziyiweyo.Kubonakala ngathi kukho abanye abaye balandela kuloo nto, kwaye sikwiingxoxo nabathengi bethu.Andinakukunika ingcaciso engaphezulu kunoko, njengoko besesixoxile ngaphambili.
Ngokubhekiselele kwishishini eliguquguqukayo kunye noxinzelelo lomda okhankanywe apho.Ewe, ndiyathetha, sicace gca ukuba kwicala lephepha le-kraft, sibona amaxabiso ehlile.Ke sabona uxinzelelo kulo nyaka uphelileyo, kodwa ngenxa yobume bekhontrakthi yeshishini elininzi lephepha le-kraft kunye neshishini leebhegi, kuhlala kukho isiphumo esincinci phakathi kwexabiso lendawo kunye nalapho -- into oyenzayo. 'bayaphumelela, kwaye kukho isiphumo sokukhokela ngokunjalo.Ke into eyenzekayo ngoku, ngokucacileyo, kuye kwafuneka ukuba siphinde sithengise iphepha le-kraft kumaxabiso akufutshane kwishishini lekhontrakthi yonyaka ekhoyo ngoku emarikeni kwaye ixabisa. , zaziza kuhlawulwa kwangelo siseko sinye.Ngoko oko kucacile kwimarike.Sikwenza kucace gca ukuba, oko kuthetha ukuba siqala unyaka ngephepha le-kraft kwaye ngenxa yoko, kunye neengxowa zamaxabiso aphantsi kunokuba sifumene ngokomndilili kunyaka ophelileyo kwaye oko kufuneka kufakwe kwimida.
Ngokumalunga nokuthomalalisa oko, kukho, njengoko benditshilo, ukuncitshiswa kweendleko zegalelo kakhulu kulo lonke iqhekeza, kwaye oko kuchaphazela izinto eziguquguqukayo okanye ishishini lephepha le-kraft, ngakumbi.Sikwafumana isithinteli kwishishini leengxowa kuba ngokwendalo ungalindela ukuba sigcine enye inzuzo yamaxabiso asezantsi ephepha.Ishishini lethu leplastiki elibhetyebhetye alichatshazelwanga yile nto, kwaye sikholelwa ukuba kukho ukukhula okuqhubekayo apho.Ndicinga ukuba, ngokubalulekileyo, kwicala leengxowa, unyaka odlulileyo wawunzima ngokumalunga nomthamo.Ngokuqinisekileyo sibona ukucofa okuthile kuloo nto.Njengoko besele nditshilo, imeko yomyalelo iphuculwe, kwaye siqhuba kakhulu ukuba siphinde sifumane enye yaloo volumu ilahlekileyo esiyibonileyo, kwaye, ewe, inenzuzo malunga nokubuyiselwa komda.Ke ndicinga ukuba zininzi izinto, kodwa kwixeshana elifutshane, ngokupheleleyo, loo mda uphantsi koxinzelelo olunxulumene nalapho wawukhona ngo-2019.
Ngokumalunga neZixhobo zobuNjineli, ndicinga ngokwembuyekezo kwimali eyinkunzi, ndithetha ukuba, ngokucacileyo, okokuqala, lishishini elahluke kancinane.Siyaqonda ukuba ngokobume belo shishini ngokunxulumene, umzekelo, amashishini ephepha.Senze kwacaca ukuba siya kulindela uxinzelelo olongezelelweyo lomda kulo nyaka kwelo candelo kwindawo yokhathalelo lomntu, ngakumbi.Sisebenza ngokucacileyo kwezinye iindawo ukuphuhlisa ezinye iimveliso ukuphelisa uxinzelelo lwamaxabiso apho, kodwa ayizukuphelisa ngokupheleleyo.Ke sicace gca ukuba umda uza kuba phantsi koxinzelelo ngakumbi malunga no-2019 olindelweyo-isiphumo kwezo zinto ziNjineli.Kodwa njengoko benditshilo ngaphambili, ndicinga ukuba sinezinto ezininzi ezinomdla xa kufikwa, njengoko nditshoyo, ukukhutshwa, ukukhutshwa kwe-extrusion kunye nezinye izicelo zefilimu zobugcisa xa kuziwa ekujongeni ngokupheleleyo ezinye zezo zisombululo zokupakisha ezizinzileyo. siqhuba njengeshishini.Kwaye ke kufuneka siqhubeke sityala imali kwezo kwaye siqhube kuloo nto.Ayizukuba ngumba wexesha elisondeleyo, kodwa ngakumbi njengento eguqukayo yexesha elide.Ndicinga ukuba ndiza kuphinda ndithathe enye phantsi kwaye emva koko sinesibini kwiintambo.
Cole Hathorn ovela eJeffries.U-Andrew, ulandela nje indlela yokwenza abathengi bakho bathenge kwimodeli yephepha apho kunokwenzeka kunye neplastiki xa iluncedo.Ukuthenga kunye nokuba kunye nabo ukwenza njani kuzo zonke iinjongo zabo ze-2030, 2050?Kwaye yintoni eya kulukhawulezisa olo tshintsho?Ngaba ngokwenene ufuna ukubona umthetho we-EU okanye into enjalo kwiirhafu ukuba beze kuwe baze bathi, "Sifuna ukuba yinzuzo yokuqala kunye nomhambisi wokuqala, uyindawo efanelekileyo yokusinika ezo zisombululo?"
Ewe, ndicinga--ndithetha, ngokucacileyo, umthetho uyanceda.Kwaye ndiyathetha, siyibonile ngokucacileyo kwishishini leengxowa apho iingxowa zokuthenga kwaye kukho i-EU-wide push yokunciphisa iplastiki, iingxowa zokuthenga enye, kwaye, ngokuqinisekileyo, imimandla eyahlukeneyo isebenzise imimiselo eyahlukeneyo, ukusuka ekurhafeni ukuya ekuthinteleni ukusetyenziswa kweengxowa zeplastiki zokuthenga enye.Kwaye kunjalo, oko kudale kwangoko imfuno enkulu yokutyhala, emnandi kuthi.Kwaye ngenxa yoko, isizathu sokuba sityala imali kwakhona kumsebenzi wethu we-Steti ukubonelela ngomthombo owongezelelweyo wephepha ukuhlangabezana nolo nikezelo.Ndicinga ngaphaya koko, ngokucacileyo, kukwakho namalinge -- kwirhafu ebanzi kwizicelo zeplastiki ezithile, siyakuxhasa oko.Sicinga ukuba kufanelekile kuba umceli mngeni omkhulu kunye nayo yonke le nto kukufakwa ngaphakathi kweendleko kwimo engqongileyo yesisombululo seplastiki okanye isisombululo esincinci, ukuba sinokuthi.Kwaye kunjalo, irhafu yenye yeendlela zokufezekisa oko.
Kodwa ndicinga ukuba kubaluleke kakhulu ukhetho lwabathengi kunye nokwazisa abathengi kukhulu kwaye akufuneki kujongelwe phantsi njengokutyhala okukhulu apha kuba, njengoko usazi, uninzi lwamaqela amakhulu e-FMCG akhuphe iingxelo ezinkulu malunga nokuphucula ukuzinza kokupakishwa kwawo, kwaye ngoku bafuna inkxaso kunye nendlela yokufezekisa oko.Kwakhona, sineengxoxo ezininzi nabo bonke abathengi bethu ekuxhaseni oko, kwaye banomdla kakhulu kuzo zonke izisombululo esizinikayo.Kwaye njengokuba ndisitsho, kulapho ndikholelwa ukuba ngenene sinomnikelo owodwa kuba sikhona-sinokubonelela ngesuti epheleleyo yee substrates.Kwaye njengoko ndibeka kweso silayidi sinye, iphepha-- singavuya kakhulu ukubonelela ngamaphepha, isisombululo kuyo yonke into, kodwa akunjalo.Kwaye ngokucacileyo, kukho inani lezicelo apho iimveliso zethu zeplastiki zinendima ebalulekileyo.Ndithetha umba wokumoshwa kokutya, endicinga ukuba uya kuba luhlobo oluxhaphakileyo lwengxoxo malunga nemiba yokusingqongileyo.Malunga ne-1/3 yokutya efama akufikeleli efolokhweni.Ndithetha ukuba linani elothusayo elo.Unokondla iAfrika iphela neYurophu idityaniswe noko kumoshakeleyo.Kwaye ke unokucinga ukuba nantoni na enokunciphisa oko kumoshakala kokutya kufuneka ibe yinzuzo enkulu yokusingqongileyo.Ke kufuneka sifumane ulungelelwaniso phakathi kokuqhuba iphepha elisulungekileyo esekwe, kwaye sicinga ukuba kukho amathuba amahle, kodwa kwakhona ukuqonda ukuba kuya kuhlala kukho indawo yezo zisombululo zeplastiki, ezinokuphucula ukutsha kokutya, zikunike inqanaba elifanelekileyo lokulula. , kunye nokunye, ukuze ungachithi ukutya.Kwaye yi--kukho ulungelelwaniso apho, kwaye, kwaye, ndiyacinga, amathuba amaninzi kwaye, njengoko ndisitsho, sibekwe kwindawo entle yokubonelela ngazo zonke ezo zisombululo.
Ndine-2. Ukujonga kwiSilayidi #7, ndijonge kwitshathi enamatye kwaye ngokucacileyo imbuyekezo yehla ngo-2019 kumaxabiso.Kodwa masithi, ukuphuma kuka-2018 njengohlobo lwe-bumper, kwakufana ne-19% ukuya kwi-20% yokuhamba.Ngaba uyayibona loo nto njengokuhamba kwangaphakathi, njenge-19%?Kwaye ngaba olo hlobo lomgubasi onokuthi unyuse khona uncedo lwakho ukuba luthi luwele ngezantsi?Kwaye umbuzo wam ukhombe ngakumbi ku-2020 kuba ufumana ezinye zezi projekthi zihamba, kwaye ngokucacileyo, yinkunzi eqeshiweyo apho uya kunyuka khona, kwaye mhlawumbi neengcinga ezithile malunga nolu tshintsho.
Kulungile.Ndicinga ukuba ngokuzinceda, asizimiselanga-- asizimiseli izenzo zethu apho ngokusekelwe kwimbuyekezo esiyifumanayo nangaliphi na ixesha.Sicinga ukuba ukuqhuba amalinge ethu okuzinceda yinto esifanele ukuba siyayenza ngalo lonke ixesha.Ngokucacileyo, ugqaliselo kule nto uyenzayo lumiselwa yimeko-bume ekungqongileyo nangaliphi na ixesha.Kwaye kunjalo, kwimeko yokudodobala koqoqosho, unokunyanzelisa ngakumbi ngokuhambelana nesixokelelwano sakho sobonelelo, kwaye leyo yinto thina, ngokucacileyo, siya kuqhubeka sigxile ekwenzeni oko.
Kodwa kwangaxeshanye, sicinga ukuba yinto efanelekileyo yokwenza ukuqhubeka nokutyalomali, njengoko besenditshilo, ngomjikelo.Sibona amathuba amaninzi ekungafanelekanga ukuba singabi nazintloni zokutyala imali kwizinto ezifanelekileyo nokuba kwixesha elifutshane, i-margin engaphezulu okanye i-ROCE ehlanjululwe kwimbuyekezo ye-20-odd.Ndiyathetha ukuba, ukuba siqinisekile ukuba singathumela imali eyinkunzi kumanqanaba adlula ngokukhululeka iindleko zethu zenkunzi, kufuneka sijonge ukwenza oko, ngokucacileyo kulinganiswe kuzo zonke ezinye iindlela, ukusetyenziswa kwaloo mali, kwaye yinto esiya kuyenza. qhubeka usoloko uzama ukwenza.
Ewe.Ke elandelayo iya kuba yintoni kanye kanye ekukhuselayo ukusuka--yintoni kanye ekubambezelayo kuhlobo lokuhambisa amanye ala mathuba ongezelelweyo phambili?Njengoko ukhankanyile umthamo ogqithisiweyo wepulp yentengiso, apho unokujonga iphepha elikhethekileyo lekraft.Yimarike apho unobunkokeli obupheleleyo kwiibhegi zabathengi.Ngaba ixhala ngakumbi kumjikelo?Ngaba sisikhundla solawulo?Ngaba kufuneka ugqibezele iiprojekthi eziqhubekayo kuqala kwaye, ngokucacileyo, ucinge ngezintsha?Okanye lixesha elongeziweyo lobunjineli elifunekayo?
Zonke ezi zingentla.Hayi, ndiyathetha, ngokucacileyo, kufuneka ubeke phambili, kwaye sinenkqubo enkulu yeCapEx.Xa usebenzisa i-EUR 700 yezigidi ukuya kwi-EUR 800 yezigidi ngonyaka, ngumsebenzi omninzi.Kuthatha ubutyebi bangaphakathi obuninzi kwaye si--kwaye kufuneka ubeke phambili kuyo, kwaye siyakholelwa ukuba siyayifumana loo nto.Kwaye awufuni ukuthatha imingcipheko engafanelekanga kunikezelo lobugcisa.Kodwa ngexesha elifanayo, ewe, kufuneka uqaphele imarike.Ngokukodwa kakhulu, umzekelo, ukubuyela kula matshini weSteti.Siwumisele omnye umhla lo matshini kuba sabona omnye umthamo esiza emarikeni ngelo xesha.Kwaye sicinge ukuba asizukuphulukana nolu khetho ngokubamba ixeshana kwaye sibone ukuba izinto ziqhubeka njani.Kwaye inokuba sengqiqweni ukubuya kwaye ukuphinda uyityelele loo nto.Ke ezi zizinto ekufuneka uziqwalasele.Ke awukho--awukhe ujonge izinto zodwa kutshintsho lwentengiso.Kodwa ngokucacileyo, kwangaxeshanye, sinobunewunewu bokukwazi ukutyala imali ngomjikelo kwaye yinto esiya kuqhubeka sizabalazela ukuyenza.
Kwaye kwakhona, sivuyisana nendima entsha, kwakhona.Mhlawumbi nje umbuzo wefilosofi.Inkqubo yakho yokucinga malunga nokudityaniswa koshishino eYurophu kwibhodi yeebhokisi.Sikhe sathetha ngayo ngaphambili, kodwa mhlawumbi ukuhlaziya nje ukuba ubona nayiphi na imfanelo yayo?Ngaba yinto onokuba nomdla wokuthatha inxaxheba kwindima yakho entsha?Okanye ngaba iseyinto oza kuyigcina--okhetha ukuyikhulisa ngokwasemzimbeni?
Njengoko benditshilo, ndiyacinga--enkosi, Brian, ngombuzo.Ndicinga ukuba sibuyele kwizinto eziphambili zethu.Sicinga ukuba sinokhetho oluhle lokuqhubeka nokukhulisa ishishini lethu.Kodwa ngokufanayo, iM&A lukhetho lwethu, kwaye kufuneka siphile kula mathuba, kwaye siya kuqhubeka siwafuna.Ndicinga ukuba ukudityaniswa kukodwa--kunomtsalane othile, kodwa kufuneka kubonwe ekukhanyeni kwexabiso lendalo onokuba nayo.Ke uhlawulela ntoni loo nto kwaye kufuneka ucace gca ukuba ungaqhuba amathuba okwenene e-synergy ukusuka kumanyano olunjalo kwaye kudala inzuzo yokwenyani yokhuphiswano.Ngoko zonke ezo zinto kufuneka uhlale uziqwalasela.Ngoko asiyonto esikhe sayigweba.Kwangaxeshanye, sicace gca ukuba, loo nto kufuneka ihlangabezane neendlela zethu zokuxabisa.
Kulungile, kulungile.Kwaye emva koko-ngoku ukuya kunyuso lwexabiso olibhengezile, zininzi umthamo omtsha oza emva kokuphela kwalo nyaka kwaye uninzi lwamandla lulayishwe ngasemva.Ngaba kukho umngcipheko wokuba kuya kufuneka uyeke okunye kokunyuka kwamaxabiso xa umthamo omtsha ufika kwimarike?
Ndicinga ukuba sithembele kakhulu kwisikhundla esinaso okwangoku, kwaye siza kuqhubeka nokuxoxa nabathengi bethu ngokunyuka kwexabiso langoku.Ndicinga ukuba ikamva liza kuba yintoni igqitywe liqela lezinto ezahlukeneyo.Ndicinga ukuba, ewe, kukho umthamo omtsha ozayo, kodwa kukwakho ukukhula okuhle ngokwendlela yokukhula kolwakhiwo kwindawo emdaka, esikholelwa ukuba ayizukuhamba nanini na kungekudala.Sikwafumene i-conundrum malunga neTshayina.Ngokucacileyo, sisihloko okwangoku ngenxa yezinye izizathu, kodwa ndicinga ukuba sisayibona loo nto, laa mcimbi wokuvalwa kokungeniswa kweTshayina kwicala le-OCC liza.Kungazo zonke iinjongo kunye nenjongo ezayo ekupheleni kwalo nyaka, ekufuneka ibe nefuthe kurhwebo lwehlabathi lonke lwebhodi yezikhonkwane, enye indlela okanye enye.Ngoko zonke ezi zinto zifuna ukuqwalaselwa.Ke ndicinga ukuba ukujonga ngokuthe ngqo ukongezwa kwamandla eYurophu kwindawo yodwa kuhlala kuyinto engalunganga.
Enye nje ekhawulezayo ukucacisa kumaxabiso ebhokisi.Ngaba kufanelekile ukugqiba kwelokuba ukuba ukunyuka kwamaxabiso ebhodini kuya kudlula kuloo bhokisi kuya kuzinza unyaka nonyaka?
Ndicinga ukuba, njengoko benditshilo ngaphambili, uRoss, ndicinga ukuba, ngokucacileyo, ukunyuka kwamaxabiso e-containerboard kuya kuxhasa amaxabiso ebhokisi.
Ndicinga ukuba lo ngumsebenzi wezibalo, akunjalo?Ke kuya kufuneka siqonde ukuba zeziphi iimpembelelo zecontainer zamaxabiso eziya kuthi zichaphazele amaxabiso ebhokisi.Kodwa kanye yintoni umphumo wonyaka-ngonyaka ngumbuzo wexesha lokuhamba kwexabiso.Andifuni kuqikelela ngaloo nto okwangoku.
Konke kulungile.Ndicinga ukuba sinexesha.Ukuba kukho umbuzo omnye ngaphezulu ukusuka emgangathweni?Uxolo, Wade.Enyanisweni asinalo ixesha, kodwa siyakulenza ixesha.
Wade Napier osuka kwi-Avior Capital Markets.Andrew, ukhe wathetha ngaphambili malunga nokukwazi kwakho ukwenza icandelo lezinto ezikhethekileyo ngaphakathi kwishishini lebhodi enomphezulu omhlophe kunye nefluti kwaye ngoku uluhlobo lokuthetha ngezinto ezizodwa ngaphakathi kwephepha le-kraft.Xa kujongwe ukuhla kwexabiso kwiphepha le-kraft, ngaba amaxabiso ephepha le-kraft ekhethekileyo adityanisiwe ukusuka kumabakala akho aqhelekileyo asetyenziswa ngaphakathi kwemathiriyeli yokwakha?Kwaye ke unokusikhumbuza ukuba yeyiphi ipesenti yelo shishini lephepha le-kraft ngamabakala akhethekileyo?
Kwaye ke umbuzo wam wesibini uya kuba ngaphakathi kwishishini lePhepha eliNgaphantsi, kwakukho iindawo ezininzi ezihambayo kunye nokuvalwa kwe-Merebank PM - enye yee-PMs apho kunye ne-Neusiedler.Yayiyintoni imfuno yakho esisiseko kwelo shishini?Kwaye ubona njani ukuba imakethi idlala ngo-2020, unikwe uhlobo lobuthathaka bexabiso kwisiqingatha esingasemva sonyaka ophelileyo kwaye ungasinika umbala apho?
Ngokuqinisekileyo.Ewe, ndiyathetha, ukuze ndicacise ngokuthe ngqo, kukho--kwaye ndiyazi ukuba igama elikhethekileyo linokusetyenziswa kwiimeko ezahlukeneyo.Ke sithetha nge-containerboard, kukho amabanga aqhelekileyo okanye uhlobo lwamabakala endalo yonke e-kraftliner engaxutywanga ngokutsha kwaye ube ne-niche okanye usetyenziso olukhethekileyo olufana nomphezulu omhlophe kunye ne-semichem.
Kwicala lephepha le-kraft, ngokuqhelekileyo siyahlula phakathi kwamabakala ephepha le-kraft, eyona nto ingena kwi-application bag yakho yemizi-mveliso.Kwaye ke ii-specialties, ezibandakanya uluhlu lwezicelo ezivela kwi-MG, i-MF, olu hlobo lwe--la mabanga aphantsi.Ngokumalunga nomyinge weshishini lethu, limalunga nama-300,000 eetoni ze-1.2 yezigidi zethu, i-1.3 yezigidi zeetoni zokwenziwa kwephepha lilonke le-kraft.Amaxabiso aguquguqukayo ahlukile.Kwaye ngokufanayo, iziseko zemfuno zobonelelo zahluke kakhulu okwangoku.Siyabona-kwicala le-sack kraft, njengoko benditshilo, yinyani-kukho ubuthathaka becala esibubonileyo ngo-2019, kwaye kuya kufuneka sibone ukuba kwenzeka njani kuba oko kuqhutywa ngakumbi kulwakhiwo, ngakumbi kwezo, njengoko ndisitsho, iimarike zethu zokuthumela ngaphandle.Kumacandelo akhethekileyo, uninzi lwayo lungena kwezi zicelo zepakethe ze-niche zolunye uhlobo lokuthengisa lwezicelo kwaye emva koko zonke ezinye izicelo ezikhethekileyo, umzekelo, ukukhupha iphepha kunye nezi zinto zinje.Ngoko ke yahluke kakhulu, iimarike ezahlukeneyo.Kwaye-kodwa ngokubanzi, umfanekiso wemfuno womelele kakhulu kuloo ndawo.Kwaye yi--sibona ukukhula okulungileyo.Kukwakho nokhuphiswano apho, njengoko unokucinga, kutsala abantu abakhuphisana nabo kweso sithuba.Ke uyawubona lo mdlalo uguqukayo.Kodwa olona xinzelelo lwamaxabiso lube lukhulu kakhulu kwicala le-sack kraft eliza kulo nyaka.
Ngokubhekiselele kumfanekiso wephepha elihle, ndithetha ukuba, ukucaca, iindawo ezihambayo kuphela, ukuba ubiza ukuba ukususela kunyaka odlulileyo ngokubhekiselele kwinguqu yesakhiwo kwishishini lethu kwakukuvalwa kwaloo matshini wephepha omnye eMerebank.Ngaphandle koko, lishishini-njengesiqhelo kumxholo.Ndicinga ukuba le nto ubhekisa kuyo kukuba siye sathatha ixesha lokuphumla eNeusiedler kuba iNeusiedler liphepha eligxile kakhulu, ndisebenzisa eli gama kwaye kwakhona, kwicandelo lephepha elihle, unemveliso yebakala lokuqala. kwaye ngenene uNeusiedler ngumvelisi webakala leprimiyamu, kwaye kubaluleke kakhulu ukuba igxile kuloo nto.Kwaye ke yingqwalasela yalonto.Ukuba loo marike ithambileyo, ngokuqinisekileyo asizukuvelisa amabanga emveliso kulo msebenzi weNeusiedler.Ke sihlala sikhawuleza xa kuziwa kwindlela esilawula ngayo loo potfoliyo.
Ngokubhekiselele kwimarike ngokubanzi, kuba, kwakhona, ukuba ngabavelisi bexabiso eliphantsi, siqinisekile ukuba singenza imali kwitoni nganye esiyivelisayo kwimisebenzi yethu enkulu edibeneyo.Umbuzo wethu kukuguquguquka kolwakhiwo lwexesha elide.Ngokucacileyo, iphepha elihle liyimveliso ngokubanzi, ekuhleni kolwakhiwo kwiimarike ezivuthiweyo.Izinzile ngakumbi kwiimarike ezisakhulayo.Kodwa nantso into esiyicwangcisayo njengeshishini eliya phambili.
Ndicinga ukuba siza kuyivala apho.Enkosi kakhulu ingqalelo yakho kwaye uphume namhlanje yintoni na imini ebandayo kwaye emanzi apha eLondon, kodwa enkosi kwi webcast ngokunjalo ingqalelo yakho, kwaye ndiza kuzisa oku ekupheleni.Enkosi kakhulu.
Ixesha lokuposa: Mar-11-2020