Guzman Y Gomez Ltd. · ASX:GYG
Guzman Y Gomez — Shareholder Meeting (November 2023)
12 slides from Guzman Y Gomez's shareholder meeting presentation, Nov 30, 2023
Slide 1: 2023 Annual General Meeting
2023 ANNUAL GENERAL MEETING 30 NOVEMBER 2023 1
Slide 2: FY23 Highlights
FY23 HIGHLIGHTS 2
Slide 3: FY23 Global Financial Highlights
FY23 GLOBAL FINANCIAL HIGHLIGHTS $759m AU: 15% JAP: 32% $32m 194 27 Underlying Group Global network sales SIN: 14% USA: 12% EBITDA2 Global restaurants New Global +32% growth operating restaurants opened Global comps1 growth +56% growth $703m 15% $33m 171 22 ~$900m Australian network sales Australian
Slide 4: Australian Operating Highlights
AUSTRALIAN OPERATING HIGHLIGHTS 15.7% Corporate restaurant margin 17% 47.0% +70bps vs pcp GYG App sales1 % of network Franchisee median ROI2 sales 14.5% (1H23) vs 16.9% (2H23) Soft Serve 44% 32% National Fries Breakfast After 9pm Did You Know Cheaper than Cooking at Strong daypart comp growth Home -
Slide 5: FY24 YTD Highlights
FY24 YTD HIGHLIGHTS 5
Slide 6: Sales Performance
SALES PERFORMANCE Sep-23 Sep-22 Change % Restaurants Continued rollout of restaurants, with 9 net new restaurants opened in Australia in Australia 180 151 19% the September 2023 quarter Singapore/Japan 20 19 5% US 3 1 200% Restaurants – Total 203 171 19% Network Sales (A$m) Australia 215 161 34% Str
Slide 7: Financial Performance
FINANCIAL PERFORMANCE (A$m) Sep-23 Sep-22 Change % Comments relate to results of Australian operations: 1 Global Network Sales 230.7 173.1 33.3% Global Network Sales of $231m, up 33.3% vs pcp driven by strong comp Corporate Restaurants 2 sales growth and new restaurant openings in all regions Sales
Slide 8: Financial Position
FINANCIAL POSITION Consolidated (A$m) Sep-23 Sep-22 Assets Net cash position of $28.7m Cash and cash equivalents 31.7 42.3 Trade and other receivables 15.4 16.8 Inventories 2.8 2.2 Trade and other receivables represents debtor receivables from franchisees Finance lease receivable1 10.8 10.9 for new
Slide 9: Cash Flow
CASH FLOW Consolidated (A$m) Sep-23 Sep-22 Operating Cash Flows Receipts from customers 91.4 65.8 Payments to suppliers and employees (83.0) (70.2) Interest and other revenue 0.2 - Total Cash Flows from Operations 8.5 (4.5) Capex primarily relates to new corporate restaurants and existing restaurant
Slide 10: FY24 Outlook
FY24 OUTLOOK 10
Slide 11: FY24 Trading Update and FY24 Outlook
FY24 TRADING UPDATE FY24 TRADING UPDATE FY24 OUTLOOK As at 31 OCTOBER 2023, year-to-date: GYG is expecting to achieve approx. ~$50m Australia in Underlying AU EBITDA1, driven by: 11 new restaurants opened and 1 closed in Australia Approximately 30 new restaurant openings in Australia, of which >80%
Slide 12: Importance Notice and Disclaimer
IMPORTANCE NOTICE AND DISCLAIMER This presentation contains summary information about Guzman y Gomez (“GYG”) which is current as at 31 October 2023. This presentation may contain certain forward-looking statements, including indications of future earnings and financial position and performance. Such