Get to Know Church & Dwight Litomysl, Czech Republic January 31, 2019 Litomysl, Czech Republic
Started with Arm & Hammer Baking Soda in 1846
We Operate in the Land Of The Giants 2015 Net Sales ($ billions) Source: 2015 SEC Filings
Our Portfolio Is Balanced Personal Care 44% Household 48% Specialty Products 8%
10 Brands Drive Our Business Results
We Are Primarily a U.S. Company 82% United States 18% International
Our focus areas as a corporation Business Model Brands Consumers Love Where People Matter = + + Power Brands + + + + Global Growth We have a business model where our success is driven by Brands Consumers Love, and organization Where People Matter and being a Friend of the Environment. This enables us to achieve our financial and growth targets. Between now and 2020 we want to expand our power brands through acquisitions by four including one that we can grow. We have already completed the first acquisition of WaterPik which is going very well. Globally we will continue to expand into new countries and grow in the geographies we currently operate in Historically we have been focused on cattle within animal productivity and we are actively expanding now into other species. Animal Productivity
An Introduction to the Arm & Hammer Animal & Food Production Business
Humans are consuming resources faster than we are replacing them Improving productivity is key Source: World Wild Life Fund and the Global Footprint Network
Our options to deal with this trend are pretty basic Control Population Change What We Eat Leverage Technology The challenge then becomes a very simple one, which is governed by the law supply and demand. As the population grows and demand increases, producer want to produce more. The issue then becomes one of resource availability. We can limit the demand by controlling population or changing what we eat or we can make leverage technology to make better use of our resources.
Consumer pressure changing our industry Consumers Retailers Safe food Clean labels Processors Farmers No Antibiotics Ever No Added Hormones No Chemicals Added
We view these trends as an opportunity Provide Safe & Affordable Food to the World Grow Existing Business Diversify Evolve Develop People
We have been supplying dairy nutrition products for close to 50 years Prior to January 2015, we did 95% of our business in dairy and 95% of our business in the United States.
In 2015, we acquired Vi-COR which accelerated our strategy Provide Safe & Affordable Food to the World Grow Existing Business Diversify Evolve Develop People
Today we sell product in over 70 countries and have staff around the world
In 2017, we acquired Agro Bioscience, a microbial based company
Agro Biosciences develops Targeted Microbial Solutions focused on two markets Animal Health & Productivity Human Health & Nutrition
Addressing the customers specific problem is what makes us unique CUSTOMIZED Species Specific Targeted Microbial Solutions Typical Probiotic Company Mass market NON SPECIFIC
An Example of how we create unique value for a customer
Arm & Hammer has a unique portfolio of products to meet customer & market needs Prebiotics Probiotics Nutritional Supplements
Celmanax + Certillus + Passport’s innovations + Data Analytics In 2018, we acquired Passport Food Safety Solutions, a company focused on food safety Pathogen control for productivity Pre-harvest Post-Harvest Pathogen control for Food Safety Arm & Hammer + Passport Food Safety Solutions brings a holistic approach Celmanax + Certillus + Passport’s innovations + Data Analytics
Considering our entire portfolio, we bring solutions to your everyday problems CELMANAX®
Transition Period – Definition For Dairy cattle, we have focused on the Critical and Crucial phases of Transition Transition Period – Definition
Productivity and health X lbs Y lbs A Perfect World Productivity and health No Mycotoxins, Gut Health Challenges, Immune Challenges X lbs Y lbs
Understanding Variability X lbs ?? Y lbs Productivity down MILK DISEASE REPRO FEED EFF. Blame Game Nurtitionist, DVM, Herdsman Management systems
Resiliency Restore Productivity X lbs Y lbs Revenue Blame Game The Real Issue Variability in Mycotoxin intake, pathogen loads, Gut health, Immunity Restore Productivity X lbs Y lbs Mitigate mycotoxins, reduce pathogens Improve immune response Resiliency MILK DISEASE REPRO FEED EFF. Revenue Blame Game
We are building a dynamic business that is worthy of the brand name
Business Video https://youtu.be/N2nfAvHyaa8 https://m.youtube.com/watch?v=3o5jNuov1Fc&t=18s https://youtu.be/3o5jNuov1Fc