Idp Education Ltd. · ASX:IEL
Idp Education — Shareholder Meeting (October 2023)
30 slides from Idp Education's shareholder meeting presentation, Oct 17, 2023
Slide 1: IDP Education Limited 2023 AGM ASX announcement
ASX announcement 17 October 2023 IDP Education Limited 2023 AGM Please find attached the Chair and Chief Executive Officer addresses and presentation slides to shareholders ahead of IDP Education Limited’s 2023 Annual General Meeting, which will be held in Melbourne this morning. For personal use on
Slide 2: Chairman's Address
IDP EDUCATION ANNUAL GENERAL MEETING CHAIRMAN’S ADDRESS 17 October 2023 Thank you for joining us at today’s Annual General Meeting. As a company with operations in many countries around the world we are always respectful of local customs and traditions. I begin today by acknowledging the Wurundjeri
Slide 3: Chairman's Address (continued)
It is important to us that our operations have a positive impact on the people we do business with and the communities we serve. We have been evolving our corporate responsibility activities for several years now. In the past 12 months, we have established a sustainability framework that integrates
Slide 4: Chief Executive Officer's Address
IDP EDUCATION ANNUAL GENERAL MEETING CHIEF EXECUTIVE OFFICER’S ADDRESS 17 October 2023 I’m delighted to be here today to share with you IDP’s continued strong progress executing on our corporate strategy. For the past 50 years, IDP has been committed to putting our customers first. At the heart of o
Slide 5: CEO's Address (continued)
Our student placement strategy is focused on delivering differentiated customer experiences on an unmatched digital and physical scale. We are doing this by leveraging our unique customer insights and digital capabilities to create services that allow us to both delight our customers and to increase
Slide 6: IDP Education FY23 Annual General Meeting
For personal use only IDP Education FY23 Annual General Meeting
Slide 7: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only Disclaimer Non-IFRS Financial Information The material in this presentation has been prepared by IDP Education IDP Education uses certain measures to manage and report on its Limited (ASX: IEL) ABN 59 117 676 463 (“IDP Education") and is general
Slide 8: Chair Peter Polson
For personal use only Chair Peter Polson
Slide 9: IDP Education Board of Directors
IDP Education Board of Directors For personal use only Peter Polson Tennealle O’Shannessy Michelle Tredenick Ariane Barker Non-Executive Director Managing Director and Non-Executive Director Non-Executive Director and Chair Chief Executive Officer Professor Colin Stirling Greg West Chris Leptos AO T
Slide 10: Chair's Address
For personal use only Peter Polson Chair’s Address
Slide 11: FY23 performance summary
FY23 performance summary Record revenue and EBIT reflect the strength of IDP’s business strategy and the resilience of the industry For personal use only Revenue EBIT (Adjusted)* $982m $228m Up 24% Up 40% NPAT (Adjusted)* Final Dividend $154m 20cps Up 45% Up 48% * EBIT (Adjusted) and NPAT (Adjusted)
Slide 12: A track record of strong long-term growth
A track record of strong long-term growth Revenue EBIT (Adjusted)* For personal use only 16% 22% 10 Year CAGR 10 Year CAGR A$m A$m * EBIT (Adjusted) excludes merger and acquisition expenses which related to the acquisition of Intake Education and The Ambassador Platform in FY23, the acquisition of t
Slide 13: At IDP, we open doors to life-changing opportunities
For personal use only At IDP, we open doors to life-changing opportunities, helping people get into their ideal course, prove their English skills or learn English in our schools.
Slide 14: Recognition
Recognition Workplace Gender Equality For personal use only Agency Employer of Choice for Gender Equality in Australia Great Place to Work • Australia • India • Sri Lanka
Slide 15: Introducing Tennealle O'Shannessy
For personal use only Introducing Tennealle O’Shannessy Chief Executive Officer and Managing Director
Slide 16: Board changes
Board changes For personal use only Professor David Battersby Andrew Barkla Non-Executive Director Non-Executive Director Retired March 2023 Standing for Election
Slide 17: CEO and MD's address
For personal use only Tennealle O’Shannessy CEO and MD’s address
Slide 18: FY23 performance summary
FY23 performance summary Student English Language For personal use only Placement Testing 84,600 1,932,500 APFs**, IELTS tests, up 53% up 1% English Language Digital Marketing Teaching & Events 94,300 $47.8m Courses, Revenue, up 35% up 10% ** APF is Application Processing Fee, being the fee IDP Educ
Slide 19: Our strategy guides the priorities across our global business lines
Our strategy guides the priorities across our global business lines Our Vision For personal use only The global platform and connected community to guide people with global ambitions on their journey to achieve lifelong learning and career aspirations Our Strategy Student Placement English Language
Slide 20: Our IELTS strategy
Our IELTS strategy is leveraging our trusted brand, extensive physical and digital distribution, and product innovation to enhance our leading position For personal use only Unmatched The Most A Scalable Customer Centric Physical Recognised, and Flexible Product Innovation & Digital Scale Trusted Br
Slide 21: Our student placement strategy
Our student placement strategy is delivering a differentiated customer experience powered by human connection and enhanced by technology For personal use only Unmatched Building Differentiated Driving Physical Unique Customer Productivity & Digital Scale Data Assets Experiences A global omni channel
Slide 22: FastLane – A unique service delivering higher conversion
FastLane – A unique service delivering higher conversion and a better experience at scale Students Clients For personal use only Speed Efficiency Transparency Diversity 11 point 6.3% higher NPS higher for our conversion students rates versus who receive non-FastLane an OiP** offers# 17,500 Students
Slide 23: Well positioned to create significant long-term shareholder value
Well positioned to create significant long-term shareholder value For personal use only Record Performance Financial Strength A record year on all key operational A financial profile that features rising and financial metrics margins, strong cash flow generation and a balance sheet with significant
Slide 24: Formal Business of the AGM
For personal use only Formal Business of the AGM
Slide 25: Item - Financial statements and reports
Item 1 - Financial statements and reports For personal use only To consider and receive the Financial Report, the Directors’ Report and the Auditor’s Report of IDP Education Limited for the financial year ended 30 June 2023.
Slide 26: Item 2(a) – Re-election of Ms Ariane Barker
Item 2(a) – Re-election of Ms Ariane Barker For personal use only To consider, and if thought fit, to pass the following resolution as an ordinary resolution: “That Ms Ariane Barker, who retires by rotation in accordance with the Company’s constitution and being eligible, be re- elected as a Directo
Slide 27: Item 2(b) – Election of Mr Andrew Barkla
Item 2(b) – Election of Mr Andrew Barkla For personal use only To consider, and if thought fit, to pass the following resolution as an ordinary resolution: “That Mr Andrew Barkla, who was appointed as a Director since the 2022 Annual General Meeting and retires in accordance with the Company’s const
Slide 28: Item - Adoption of the Remuneration Report
Item 3 - Adoption of the Remuneration Report For personal use only To consider, and if thought fit, to pass the following resolution as an ordinary resolution: “That the Remuneration Report for IDP Education Limited (which forms part of the Directors’ Report) for the financial year ended 30 June 202
Slide 29: Item - Grant of Performance Rights to the CEO
Item 4 - Grant of Performance Rights to the Chief Executive Officer and Managing Director, Ms Tennealle O’Shannessy For personal use only To consider, and if thought fit, to pass the following resolution as separate ordinary resolutions: “That for the purposes of ASX Listing Rule 10.14 and for all o
Slide 30: Thank you
For personal use only Thank you