Australian Vintage Ltd · ASX:AVG
Australian Vintage — H1 FY2019 Earnings Presentation
15 slides from Australian Vintage's earnings presentation, Feb 27, 2019
Slide 1: December 2018 Half Year Results
Australian Vintage Ltd. December 2018 Half Year Results 27th February 2019
Slide 2: Disclaimer
Australian Vintage Ltd. December 2018 Half Year Results Disclaimer The presentation has been prepared by Australian Vintage Limited the industry, countries and markets in which AVG operate. They also (ACN 052 179 932) (“AVG”) (including its subsidiaries, affiliates and include general economic condi
Slide 3: Key Points
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Key Points • Net Profit after tax $6.5 million compared to $4.4 million in the prior period. • Revenue up 8% to $143.1 million, with improved sales in the key segments of Au
Slide 4: Australian Wine Industry / Global Production
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Australian Wine Industry / Global Production In the 12 months to December 2018 the value of Australian wine exports increased by 10% to $2.8 billion, with volume increased b
Slide 5: Australian Wine Industry/Global Wine Production (cont.)
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Australian Wine Industry/Global Wine Production (cont.) In terms of global wine production, the 2018 production is forecast at 279 mhl, an increase of 13% when compared with
Slide 6: Business Results & Summary
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Business Results & Summary 1. Branded Sales During the 6 month period to December 2018 total sales of our three key brands, McGuigan, Tempus Two and Nepenthe increased by 14
Slide 7: Business Results & Summary (cont.)
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Business Results & Summary (cont.) 2. Australasia / North America Packaged Packaged sales up 10% on prior period with bottled branded sales up 11% and cask sales up 2%. EBIT
Slide 8: Business Results & Summary (cont.)
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Business Results & Summary (cont.) 3. UK / Europe • UK/Europe sales were up $8.6 million or 16%. Bulk wine sales remained flat when compared to the prior period with bulk wi
Slide 9: Business Results & Summary (cont.)
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Business Results & Summary (cont.) 4. Other Segments • Cellar Door Segment sales declined by 13% due mainly to reduced sales at the McGuigan and Tempus Two cellar doors as a
Slide 10: Results Summary – Revenue ($'000)
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Results Summary – Revenue ($’000) 6 Months to Change 31/12/18 31/12/17 Variation $000 $000 $000 % Australasia/North America Packaged 57,782 52,767 5,015 10 UK/Europe (see no
Slide 11: Results Summary – Profit ($'000)
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Results Summary – Profit ($’000) 6 Months to Change 31/12/18 31/12/17 $’000 $'000 $’000 % Australasia / North America Packaged 5,260 5,097 163 3 UK / Europe 6,366 4,669 1,69
Slide 12: Outlook
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Outlook Australian Vintage Limited continues its transformation from a bulk wine The UK/Europe segment has performed exceptionally well with sales up company to a quality re
Slide 13: Wine Show Results / Key Brand Facts
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Wine Show Results / Key Brand Facts McGuigan In 2018 McGuigan received a total of 433 trophies and medals, including 21 Trophies; 79 Gold; and 162 Silver medals. Asian Ros
Slide 14: Wine Show Results / Key Brand Facts
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Wine Show Results / Key Brand Facts Tempus Two In 2018 Tempus Two received a total of 228 trophies and medals, including 3 Trophies; 33 Gold; and 72 Silver medals Cathay
Slide 15: Wine Show Results / Key Brand Facts
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry / Global Key Brand Facts Production Wine Show Results / Key Brand Facts Nepenthe In 2018 Nepenthe received a total of 230 trophies and medals, including 3 Trophies; 24 Gold; and 59 Silver medals. Melbourne I