Dicker Data Limited · ASX:DDR
Dicker Data — Shareholder Meeting (November 2014)
14 slides from Dicker Data's shareholder meeting presentation, November 2014
Slide 1: Annual General Meeting 2014
ANNUAL GENERAL gc g MEETING 2014 David Dicker — Chairman & CEO dickerdata
Slide 2: Annual General Meeting 2014
Annual General Meeting 2014 David Dicker (Chairman & CEO), welcomes you to 2014 annual general meeting of Dicker Data Ltd 2
Slide 3: Full Year Results
Annual General Meeting 2014 FULL YEAR RESULTS 3
Slide 4: Highlights
Annual General Meeting 2014 FINANCIAL HIGHLIGHTS * Before tax and one-off integration and share acquisiton costs 4
Slide 5: Performance
Annual General Meeting 2014 FINANCIAL PERFORMANCE Revenue for the full year was $662.8m, up by 46.8%, with the increase mainly attributable to the acquisition of Express Data group on 01 April 2014. Revenue includes $186m contribution by Express Data group for the 3 months to June. Excluding o
Slide 6: Highlights
Annual General Meeting 2014 FINANCIAL HIGHLIGHTS $Million FY2014 FY2013 Change % Sales revenue 662.8 451.6 46.8% Gross profit 54.2 37.4 44.9% EBITDA* 20.7 17.4 19.0% Operating profit before tax* 14.3 13.3 7.5% Net profit after tax 5.1 9.2 -44.6% Earnings per share (cents) 4.06 7.28 -44.2% Dividends
Slide 7: Highlights
Annual General Meeting 2014 FINANCIAL HIGHLIGHTS $Million FY2014 FY2013 Cash 18.2 0.5 Receivables 161.2 64.4 Inventories 85.0 49.7 PPE 23.0 19.6 Intangible assets 29.8 0.2 Others 5.0 0.7 Total assets 322.2 135.1 Payables 174.9 47.2 Borrowings 118.7 63.8 Others 8.1 4.0 Total liabilities 301.8 115.0 N
Slide 8: Position Summary
Annual General Meeting 2014 FINANCIAL POSITION SUMMARY On 1st April 2014 we completed the acquisition of the Express Data group. The cost of the acquisition, after a working capital adjustment, finalised at $51.1m. Based on the purchase price being in excess of net tangible assets the company is r
Slide 9: Express Data Integration Update
Annual General Meeting 2014 EXPRESS DATA INTEGRATION UPDATE Physical integration was completed in September 2014. All staff and distribution facilities are now operating from Kurnell. Systems have been consolidated, and current focus is on improving operating efficiencies for the combined busine
Slide 10: Outlook for 2015
Annual General Meeting 2014 OUTLOOK FOR 2015 Total revenue for the first quarter of FY15 was $263m. Based on these revenue results we are confident of generating revenue in excess of $1bn for FY15 We see great opportunity to offer mix of enterprise vendors such as Cisco, Citrix, SAP and RSA into
Slide 11: Capital Management
Annual General Meeting 2014 CAPITAL MANAGEMENT 11
Slide 12: Dividend Payments for FY2014
Annual General Meeting 2014 DIVIDEND PAYMENTS FOR FY2014 Dividend Declaration Payment Amount Amount / Share Type Date Date Franked (in cents) (000's) 23-Dec-13 17-Jan-14 1.00 $1,277 Interim 100% 16-May-14 02-Jun-14 0.70 $894 Interim 100% 25-Jul-14 12-Aug-14 0.50 $641 Interim 100% 18-Sep-14 07-Oct-14
Slide 13: Capital Structure
Annual General Meeting 2014 CAPITAL STRUCTURE During the year the Company introduced a Dividend Reinvestment Plan (DRP) as part of its capital management strategy. Under the plan eligible shareholders may elect to have all or part of their dividends paid in shares. In August, as part of the Comp
Slide 14: Investors Return Since July 2013
Annual General Meeting 2014 INVESTORS RETURN SINCE JULY 2013 12 MONTHS PERFORMANCE 12 Months Share price appreciation 79.5% $2.50 Dividend yield 2.4% $2.00 Total Return 81.8% $1.50 $1.00 Share Price as at $0.50 18/11/14 Share price $1.705 $- Shares on issue 129.7m DDR Market Cap $221.1m 14