Washington H. Soul Pattinson And Company Limited · ASX:SOL
Washington H. Soul Pattinson And — Australian Shareholders Association Investor Conference 2023
11 slides from Washington H. Soul Pattinson And's conference presentation, May 12, 2023
Slide 1: WHSP Presentation - ASA Investor Conference
12 May 2023 ASX Announcement WHSP Presentation ASA Investor Conference Diversified investment house, Washington H. Soul Pattinson and Company Limited (ASX:SOL or “WHSP”), releases a copy of the presentation to be given by WHSP CEO and Managing Director, Todd Barlow, at the Australian Shareholders As
Slide 2: Outperformance through diversification
For personal use only Outperformance through diversification Washington H. Soul Pattinson Australian Shareholders Association Investor Conference 12 May 2023
Slide 3: Our history
£1 Our history 1886 Lewy Pattinson opened his first Balmain pharmacy in 1886 For personal use only 1903 Washington H. Soul Pattinson & Co was incorporated, listed on the Sydney Stock Exchange (now ASX) 1940 Lewy Pattinson donated the first aeroplane to the Royal Flying Doctor Service, our charity pa
Slide 4: Our purpose
Our purpose BUILDING ENDURING VALUE FOR ALL OF OUR SHAREHOLDERS For personal use only A unique investment in the Australian market, WHSP offers shareholders exposure to a range of investments that perform throughout the cycle and have delivered above market returns for decades Our objectives 1 2 3 G
Slide 5: Continued dividend growth
Continued dividend growth • WHSP has never missed a dividend payment since 1903 • Ordinary dividends have increased from 11c in FY01 to 72c in FY22 (8.5% CAGR) underpinned by For personal use only high quality, cash-generating investments Interim dividend Final dividend Special dividend FY22 Final D
Slide 6: Consistent long-term performance
Consistent long-term performance • Total return on an investment in WHSP over 20 years has been 1027% (vs 477% for the Index) For personal use only Total Shareholder Return 6 months 1 year 5 year 10 year 15 year 20 year (p.a.) (p.a.) (p.a.) (p.a.) WHSP 16.2% 16.7% 12.9% 11.1% 12.4% 12.9% All Ords Ac
Slide 7: Protecting shareholder capital
Protecting shareholder capital • Volatile markets will favour profitable assets with robust cash flows For personal use only Average 3.1% Performance in 2.6% • Over the last 20 years, the All Ordinaries “Down months” Accumulation Index had a negative return in one-third of the months WHSP All Ords •
Slide 8: Comparative long-term total shareholder returns
Comparative long-term total shareholder returns • Comparing the 30 year return between an investment in SOL vs other asset classes For personal use only SOL shares1 $415,695 13.2% p.a Australian shares2 $148,534 9.4% p.a $10k invested 30 April 1993 International shares3 $90,710 7.6% p.a Australian l
Slide 9: Portfolio composition
Portfolio composition • Value of the portfolio increased to $10.5 billion during 1H23, with pre-tax NAV per share $29.05 • Total Shareholder Return was 14.0% which is an outperformance of 4.3% vs Index* For personal use only $5.2b • WHSP takes active asset allocation decisions and does not invest to
Slide 10: Outlook
Outlook • Long-term view assists investing through market volatility For personal use only • We remain confident in our defensive portfolio settings, which are gaining traction in the current market • Strong cash reserves and active pipeline of investment under consideration • Seeking to deploy capi
Slide 11: Questions
For personal use only Questions