02 DLG IN BRIEF Business areas . . . . . . . . . . . . . . . . . . . 02 Chairman’s report . . . . . . . . . . . . . . . 04 Group CEO’s report . . . . . . . . . . . . 06 Financial highlights . . . . . . . . . . . . 08 Important events . . . . . . . . . . . . . . . . 10 Sustainability . . . . . . . . . . . . . . . . . . . . . 14 2 DLG IN BRIEF 2020 ON ON ISTICS ET & CROPS DLG’S BUSINESS AREAS VEGETAB G PRODU AN CRO P PRODUCTI LOBAL MARK ENERGY IMAL NUTRITI CTION & LOG LE PRODUCE
BUSINESS AREAS AGRIBUSINESS Our Agribusiness covers crops, crop production and animal nutrition, including our egg and poultry activities. Besides Denmark, DLG has activities in Germany, Sweden, Poland, France, Finland and the Baltic countries. DLG buys and sells crops such as grain, rapeseed, soy and maize. Our crop cultivation activities cover everything from plant breeding, seed grain and fertilisers, to crop protection and agricultural lime for the fields. Within animal nutrition, DLG sells and produces compund feed and feed supplements for pigs, cattle and poultry. SHARE OF REVENUE AND EMPLOYEES 62 % 43 % STRATEGIC EXPECTATIONS In 2021, Agribusiness will continue to grow through efficiency increases, cost management and optimisation of both logistics and production, as well as by rethinking our business model, including new investments in digitalisation. Growth is also expected to be achieved through strategic investments in Denmark and abroad. PREMIX & NUTRITION DLG markets its Premix & Nutrition activities under the brand of Vilofoss, which is one of Europe’s largest producers of vitamins and minerals for livestock, with 18 factories in countries that include Denmark, Germany, France, Spain, Belgium, Sweden, China, the UK and Russia. DLG has focused on Premix & Nutrition for a number of years and gained significant know-how across companies and national borders. ENERGY & RETAIL Energy & Retail covers DLG’s activities within energy, DIY stores, Land & Fritid farming, home and garden supplies stores, and insurance. The subsidiary Team SE operates 194 filling stations and 80 DIY stores in Germany. In Denmark, DLG operates the Danish energy business in partnership with DCC Energi. The Land & Fritid chain has 65 stores in Denmark, Sweden and Germany. 6% 8% As part of Strategy 2021, DLG plans to expand production capacity in the Premix & Nutrition area and invest in relevant business partnerships abroad. The plan also includes organic growth based on increased sales, primarily in the European market. At the same time, we want to strengthen the business through greater group synergies. 32 % 49 % The ambition is to maintain and strengthen Energy & Retail’s market-leading position. This will be achieved through increasing sales and strategic investments, particularly in Germany. DLG IN BRIEF 2020 3