Ive Group Ltd. · ASX:IGL
Ive — Shareholder Meeting (November 2019)
15 slides from Ive's shareholder meeting presentation, Nov 26, 2019
Slide 1: Annual General Meeting 2019 – Chief Executive Officer's Presentation
For personal use only IVE Group Limited Annual General Meeting 2019. Chief Executive Officer’s Presentation - Matt Aitken 26th November 2019
Slide 2: Contents
Annual General Meeting 26 November 2019 Contents For personal use only Financial performance highlights 03 Year in review 04 Financial results Profit & loss 05 Capital expenditure 06 Net Debt 07 Cashflow & dividend 08 Historical performance 09 Brand Simplification 10 Acquisition of Salmat Marketing
Slide 3: Financial Performance Highlights
Annual General Meeting 26 November 2019 Financial Performance Highlights For personal use only Revenue EBITDA NPATA (1) DPS $724.2m $80.4m $37.5m 16.3c Up 4.1% PCP Up 9.8% PCP Up 4.4% PCP Up 5.2% PCP ( Full Year ) EPS (2) EBITDA MARGIN ROFE (3) UP 0.6% 1 1.1% 1 7% PCP (1) NPAT excluding amortisation
Slide 4: Year in review
Annual General Meeting 26 November 2019 Year in review For personal use only Financial Revenue Paper Milestones Highlights Solid uplift in revenue and EBITDA Continued momentum across the The global pulp and paper market Final stage investment and official on PCP Group with meaningful new client has
Slide 5: Profit & Loss
Annual General Meeting 26 November 2019 Profit & Loss For personal use only Revenue increase of $28.8M (4.1% on PCP) Gross profit margin of 47.9% (48.7% in PCP) EBITDA of $80.4M (9.8% increase over PCP) EBITDA margin of 11.1% (10.5% in PCP) NPAT of $33.8M (4.5% increase on PCP) Page 5
Slide 6: Capital Expenditure
Annual General Meeting 26 November 2019 Capital Expenditure For personal use only In FY19 the Group continued the most significant investment FY2019 $M program the sector has seen for many years, demonstrating Franklin WEB NSW 12.9 continued confidence in the sector, Data-driven communications 6.4 a
Slide 7: Net Debt
Annual General Meeting 26 November 2019 Net Debt For personal use only Net debt to pro forma EBITDA of $80.4M is 1.79x Actual FY2019 Equipment finance borrowings increase relates to $M investment in personalised communications strategy Borrowings - short term 6.3 Borrowings - long term 168.9 Increas
Slide 8: Cashflow & Dividend
Annual General Meeting 26 November 2019 Cashflow & Dividend For personal use only Dividends (cps) - 100% franked Pro forma free cash conversion of 81.7% impacted 2017 by increased working capital due to higher paper 1st HY2017 6.3 inventory holdings 2nd HY2017 6.4 We have now concluded our recent gr
Slide 9: Historical Performance
Annual General Meeting 26 November 2019 Historical Performance For personal use only REVENUE EBITDA EBIT $m $m $m FY2016 382 FY2016 44.9 FY2016 34.8 FY2017 496.9 FY2017 55.2 FY2017 41.4 FY2018 695.4 FY2018 73.2 FY2018 54.3 FY2019 724.2 FY2019 80.4 FY2019 57.7 NPAT NPATA $m $m FY2016 22.3 FY2016 23.9
Slide 10: Brand Simplification
Annual General Meeting 26 November 2019 Brand Simplification er, so our clients c For personal use only ur th go f an too We . Our integrated service model. Creative Data-Driven Services Communications In November 2019 the Group will cease Integrated Marketing going to market under 4 divisional bran
Slide 11: Acquisition and Reach Media New Zealand
Annual General Meeting 26 November 2019 Acquisition of Salmat Marketing Solutions and Reach Media New Zealand For personal use only IVE announced on Monday November 25, 2019 that it has entered into an agreement to acquire Salmat Marketing Solutions (Marketing Solutions), the Australian catalogue di
Slide 12: Acquisition and Reach Media New Zealand – Overview
Annual General Meeting 26 November 2019 Acquisition of Salmat Marketing Solutions and Reach Media New Zealand For personal use only Overview – Marketing Solutions and Reach Media - Operating for 40 years, Salmat Marketing Solutions is Australia’s largest catalogue distribution business - Reach Media
Slide 13: Acquisition and Reach Media New Zealand – Transaction rationale
Annual General Meeting 26 November 2019 Acquisition of Salmat Marketing Solutions and Reach Media New Zealand For personal use only Transaction rationale - these acquisitions complete the final phase of our strategic roadmap over recent years to further expand and strengthen our offer to retail clie
Slide 14: Summary
Annual General Meeting 26 November 2019 Summary For personal use only FY19 financial results were the ‘cleanest’ set of reported numbers since we listed in 2015 Our FY19 results were solid with an uplift on all key metrics over PCP Throughout the year there were a number of significant operational m
Slide 15: For personal use only
For personal use only Page 15