Slide 1: GALE Pacific Half Year Results 31 December 2016
For personal use only GALE Pacific Half Year Results 31 December 2016
Slide 2: Who we are
Who we are For personal use only o GALE Pacific manufactures and markets branded screening, shading and home improvement products. o We are a world leader in specialised textiles and recognised in our markets as an innovator and long-term producer of premium quality products. o Based in Australia, w
Slide 3: Our brands & products
Our brands & products For personal use only o Shade Sails o Window Furnishings o Pool Fencing o Architectural Shade o Shade Fabrics o Balustrade o Horticultural Shade o Window Shades o Mirrors o Agricultural Fabrics o Shade Umbrellas o Splashbacks o Construction Fabrics o Gazebos o Shower Screens o
Slide 4: Half year results summary
FY2016 results summary For personal use only 31 December 2016 31 December 2015 Results for the six months to Change % A$ million A$ million Revenue 82.6 82.4 - EBITDA 7.9 8.2 (3) EBIT 4.7 4.5 6 Profit before tax 3.9 3.5 10 Profit after tax 3.4 3.2 5 Net Debt 13.7 20.0 32 Earnings per share (cents) 1
Slide 5: Key financial metrics
Key financial metrics For personal use only
Slide 6: Cash flow and balance sheet
Cash flow and balance sheet For personal use only o 1st half cash flow impacted by strategy to o Full year net debt to be well below prior year manufacture USA seasonal requirements o Strong balance sheet positions company earlier than prior years well for investments in organic growth o ANZ busines
Slide 7: Growth strategy
Growth strategy For personal use only MAKE OUR BRANDS BUILD OUR EXECUTION SIMPLIFY & ALIGN THE FOCUSED BUSINESS BUILD A PERFORMANCE REALLY MATTER CAPABILITY BUSINESS EXPANSION CULTURE Brands China Manufacturing Information Technology – USA – Accelerate growth Learning & Development – Transformation
Slide 8: Key achievements
Key achievements For personal use only o Exits of non-core and o Restructured operations in o China manufacturing facility unprofitable product the USA to support upgrades and service categories accelerated growth improvements o Significant net debt reduction o Effective inventory preparation for o
Slide 9: Capital management
Capital management For personal use only Strong balance sheet Net debt levels expected to be well below last year by financial year end Positioned well for investments in organic growth opportunities and/or strategic acquisitions On-market share buyback program combined with focus on strategic oppor
Slide 10: Outlook
Outlook For personal use only Market conditions for second half expected to be in line with those of the first half Second half earnings expected to be significantly above the first half and in line with the seasonality of the business Subject to market conditions, cautiously optimistic of profit be
Slide 11: Disclaimer
Disclaimer For personal use only Statements contained in this presentation, particularly those regarding possible or assumed future performance, estimated company earnings, potential growth of the company, industry growth or other trend projections are or may be forward looking statements. Such stat