Noumi Limited · ASX:NOU
Noumi — Shareholder Meeting (November 2021)
27 slides from Noumi's shareholder meeting presentation, Nov 18, 2021
Slide 1: 2021 Annual General Meeting Presentation and Addresses
Freedom Foods Group Limited ABN 41 002 814 235 80 Box Road Taren Point NSW 2229 T: +61 2 9526 2555 www.ffgl.com.au /FreedomFoodsGroup 18 November 2021 ASX Market Announcements ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 Freedom Foods Group Limited (ASX: FNP) 2021 Annual General Meet
Slide 2: Freedom Foods Group Limited FY21 AGM
FREEDOM FOODS GROUP LIMITED FY21 AGM 18 NOVEMBER 2021
Slide 3: Important notice and disclaimer
Important notice and disclaimer The following disclaimer applies to this presentation and any information provided in this presentation (Information) This presentation has been prepared on information available at the time of its preparation. The Information is in summary form and does not purport t
Slide 4: Agenda
PROCEDURALMATTERS O4 CLOSING REMARKS 05 LA
Slide 5: Introduction and Chair's Address
Introduction and Chair’s Address Genevieve Gregor
Slide 6: CEO's Address
CEO’s Address Michael Perich
Slide 7: FY21 Highlights
p8% p5% $559m 256ML Net Revenue Dairy UHT sales p141% p170% FY21 Highlights $22.4m 28T Adj Op EBITDA1 Lactoferrin sales Financial & p14bps p6% 4.0% 87ML Operating Adj Op EBITDA Plant-Based sales Margin1 % 1. Adjusted for non-trading and non-recurring items (including restructuring costs, product rec
Slide 8: FY21 Financial Performance
FY21 Financial Performance (continuing operations ) 2 Total revenue from continuing operations2 rose 8.2% to $559.1m, with $ million FY21 FY201 Change Change (%) ✓ solid sales growth across both the Plant-based Beverages and Dairy and Nutritionals divisions. Net Revenue 559.1 516.7 42.4 8.2 Adj Oper
Slide 9: Financial Performance | Plant Based Beverages
Financial Performance| Plant Based Beverages Financial results Summary of performance Change Change Revenue increased 15.6% to $152.9 million as the plant-based beverages ✓ ($m) FY21 FY201 ($) (%) segment overcame the impact of COVID-19 on the out-of-home market to deliver robust growth across all c
Slide 10: Financial Performance | Dairy & Nutritionals
Financial Performance| Dairy & Nutritionals Financial results Summary of performance Change Change ✓ ($m) FY21 FY201 Revenue for the twelve months to 30 June 2021 rose 6.8% to $394.3 ($) (%) million as the business reset Net Revenue 394.3 369.3 25.1 6.8 Adjusted Operating EBITDA2 (4.1) (56.7) 52.6 9
Slide 11: Transformation Initiatives Underway
Transformation Initiatives Underway Transformation program benefits expected to be realised over a 3 year period CORPORATE STRATEGY ✓ Marketing support for key brands across the portfolio ✓ Minimise currency risk for export customers through conversion to A$ contracts • Strategic new product develop
Slide 12: Document title here I Date
Document title here I Date 11
Slide 13: Imagining a Healthier Tomorrow
Imagining – Leading-edge explorers, active innovators creating and driving our success Healthier – Positive growth for goodness, nutrition and wellbeing Tomorrow – Future focused: Building health, prosperity & happiness of our communities 12
Slide 14: A leading Australian Innovator
A leading Australian Innovator What makes us relevant? What makes us credible? What is enduring about us? What makes us different? • Growing demand for healthier • Strong heritage and foundations in • Not about health fads, grounded in • Unique capabilities lifestyle nutrition solutions healthy food
Slide 15: Positive
Positive *°’ Full of hope and confidence, or giving The Inces that you take into y cause for hope and confidence food and the way that they influence
Slide 16: Imaging a healthier tomorrow
Imaging a healthier tomorrow How does our purpose translate through the business? Our people Our consumers Our suppliers Our world Our investors Wellbeing at work Committed to We choose partners Pushing ourselves Discovering new and Career Innovating with leading aligned to purpose, through our path
Slide 17: Our Ambition for a Healthier Tomorrow: Our pillars and focus areas
Our Ambition for a Healthier Tomorrow: Our pillars and focus areas Pillar Healthier Lifestyles Healthier Workplace Healthier Planet We deliver the best tailored Our people live our values and Pillar We protect and restore the natural nutrition are supported to achieve their ambition environments we
Slide 18: Our Values
Our Values What drives us Thriving communities nourished by a leading Australian company in Positive Nutrition. We know that we are responsible for our future and that of the next generation so we take accountability in all that we do. We do everything with integrity, for the good of community and i
Slide 19: Imagining a healthier tomorrow starts with a plan for today
Imagining a healthier tomorrow starts with a plan for today. 18
Slide 20: Procedural Matters
Procedural Matters
Slide 21: Document title here I Date
Document title here I Date 20
Slide 22: Chair's Address – Genevieve Gregor
Chair’s Address – Genevieve Gregor As a shareholder, you will have the opportunity to vote on eight resolutions today, including three items of Special Business. The first resolution relates to the adoption of the Remuneration Report, which reflects the considerable work undertaken by the Board thro
Slide 23: Chair's address: new name and Reset, Transform, Grow strategy
We believe this new name represents a fresh start for your Company – a clean break with the challenges of the past 18 months for a leading Australian producer of dairy and plant-based beverages, nutritional products and ingredients with a bright future ahead of it. This has been a defining year for
Slide 24: Chair's address: board refresh, governance and Blue Diamond settlement
As mentioned, we have refreshed the Board, which now comprises a majority of independent non- executive directors. We have reset and reinforced of the Group’s values, supported by improved governance policies and procedures. We have developed an ESG framework that Michael will speak to today, with k
Slide 25: CEO's address: FY21 results and liquidity
We were pleased to report that FY21 revenue rose 8% to $559.1 million and, more importantly, we delivered a $76.4 million, or 141%, turnaround in Adjusted Operating EBITDA, from a loss of $54 million in FY20 to positive $22.4 million. Thanks to our successful recapitalisation earlier this year, as a
Slide 26: CEO's address: people and suppliers
experience in FMCG. I am excited about working with this team and can see the leadership developing across this business. We employ more than 550 people across Freedom Foods and they are the key to our success. Through the group-wide “Our Voice” survey, we are communicating our new values – Respect,
Slide 27: CEO's address: mission and the noumi name
As a Company, our mission to create quality, on-trend, responsibly produced dairy and plant-based beverages, nutritional products and ingredients. Our purpose is, simply, ‘imagining a healthier tomorrow’. We believe this is captured in the name noumi. The word noumi was inspired by the core idea of