Goodman Group · ASX:GMG
Goodman — Shareholder Meeting (November 2020)
13 slides from Goodman's shareholder meeting presentation, Nov 19, 2020
Slide 1: ASX cover letter for AGM presentations
19 November 2020 For personal use only Market Announcements Office ASX Limited via ASX Online Dear Sir / Madam Goodman Group (Goodman) - Annual General Meetings – Chairman’s and CEO’s Presentations Please find attached the Chairman’s presentation and Group Chief Executive Officer’s written address f
Slide 2: Goodman Group Annual General Meetings
Goodman Group Annual General Meetings 19 November 2020 For personal use only
Slide 3: Agenda
Agenda For personal use only + Chairman’s address + Group CEO’s address + Formal business 2
Slide 4: People as a priority
People as a priority For personal use only + Throughout this year of unprecedented challenges, Goodman’s priority has been on the health and wellbeing of people – our teams, customers and charity partners around the world + Like all businesses, our team of 950 people moved quickly to remote working
Slide 5: Financial overview
Financial overview For personal use only + The Group’s strong result in FY20 tested the resilience of the business and our people. – Operating profit of $1,060 million, up 12.5% on FY19 – Statutory profit of $1,504 million – Operating earnings per security of 57.5 cents, up 11.4% on FY19 – Distribut
Slide 6: The long game
The long game + Goodman first listed on the ASX in 1995, 25 years ago For personal use only – Started with eight people and eight properties in one city with just over $75 million in assets under management - and has expanded to almost 400 properties across the Asia Pacific, Europe and the Americas
Slide 7: A shared culture and ambition
A shared culture and ambition For personal use only + Our Australian heritage and culture has helped the Group assimilate into local markets as we’ve expanded globally – this has contributed to our success + Over time, customer and capital partner relationships have extended across multiple regions
Slide 8: A shared culture and ambition: alignment of interests
A shared culture and ambition For personal use only + Alignment of interests between securityholders, capital partners and our people is critical to our success + Remuneration structures must: – align securityholders and our people – set ambitious growth targets – be performance based 7
Slide 9: The Long game / a sustainable future
The Long game / a sustainable future For personal use only + A core strength has been the Group’s strategic vision and selective property acquisitions. + Our property portfolio has been developed with the long-term requirements of our customers in mind + Since 2013 we’ve sold $26 billion of assets a
Slide 10: Partnering for success
Partnering for success For personal use only + The Group’s strategy is innovative and continues to evolve + We have continued to develop alongside our partners providing strong risk adjusted returns, and diversified funding, a mutual benefit of our structure + Interlink in Hong Kong is an example of
Slide 11: Prudent capital management
Prudent capital management + The Group’s strategy incorporates a financially conservative approach in order For personal use only to grow sustainably through cycle Financially the Group operates with: – Very low levels of debt, primarily from public debt markets and diversified equity sourced from t
Slide 12: CEO's address
CEO’S ADDRESS GOODMAN GROUP – ANNUAL GENERAL MEETINGS 19 NOVEMBER 2020 AT 10:00AM For personal use only Thank you Ian, and good morning. At Goodman, we look at the long game. This year has had its disruptions. The global landscape has changed and we are in the middle of an event that is causing rapi
Slide 13: CEO's address: renewable energy and partnerships
We believe it’s important to aim high, so we have increased and fast-tracked our goals for renewable energy and carbon neutrality. Our targets are deliberately ambitious, and we continue to strive to be a leader in the real estate sector. We have increased our target for solar on rooftops from 100 m