Slide 1: Investor Presentation March 2011
For personal use only Investor Presentation March 2011
Slide 2: Disclaimer
DISCLAIMER For personal use only The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe s
Slide 3: Introduction
INTRODUCTION For personal use only Clover Corporation Limited provides nutritional and functional ingredients for use in infant formula, foods and specialty applications using proprietary technology. Future Food Ingredients (100%) (50%)
Slide 4: Company Overview
COMPANY OVERVIEW For personal use only • Mission is to identify, develop and commercialise specialty functional and nutritional ingredients. • Consistently profitable, strong cash position & zero debt. • Competitive position in the growing “nutraceutical” market. • Strong technical, manufacturing an
Slide 5: Summary of Financial Performance FY2010
SUMMARY OF FINANCIAL PERFORMANCE FY2010 For personal use only FY2010 FY2009 Shares on issue 165.2 million 165.2 million Total contributed equity $32.9 million $32.9 million Market capitalization $49.6 million (# as at 9/9/10) $32.2 million (as at 23/11/09) Cash at year end $12.1 million $9.2 million
Slide 6: Summary of Financial Performance FY2010
SUMMARY OF FINANCIAL PERFORMANCE FY2010 For personal use only FY2010 FY2009 Profit before tax $1.57 million $4.47 million Profit after tax ($0.97 million) $3.08 million EPS (0.59 cents/share) 1.87 cents/share Dividend (franked) 1.25 cents per share 1.00 cents per share Major shareholder WHSP & Co. L
Slide 7: Summary of Financial Performance FH FY2011
SUMMARY OF FINANCIAL PERFORMANCE FH FY2011 For personal use only FH FY2011 FH FY2010 Market capitalization $54.5 million (# as at 4/3/11) $49.6 million (as at 9/9/10) Cash at half year $9.2 million $8.1 million Sales Revenue at half $14.0 million $16.4 million year Net Profit for half year $1.95 mil
Slide 8: FFI - Progress on closure & sale
FFI- Progress on closure & sale For personal use only • Full impairment of Clovers’ 50% investment in FFI at the end of FY10. • Closure of FFI manufacturing plant in October 2010. • Currently in the process of selling the FFI business and related assets such as the stock of soybeans. • Outstanding e
Slide 9: For personal use only
For personal use only 9
Slide 10: Nu-Mega Ingredients Pty Ltd Overview
NU-MEGA INGREDIENTS PTY LTD For personal use only Overview • Australian producer & international supplier of microencapsulated powders. • Encapsulation process is patented in many countries. • Current specialties include omega-3 & omega-6 oils (marine & algal sources). • Process protects oil from ox
Slide 11: FH FY11 Key Milestones for Nu-Mega Ingredients
FH FY11 KEY MILESTONES FOR NU-MEGA INGREDIENTS For personal use only • Consolidate exceptional sales growth experienced in FY10. – Significant amount of sales ($2.0 million) deferred from December 2010 to January 2011. • Increased sales to China. • Expansion of product range to meet customer require
Slide 12: A Global Market: Nu-Mega Sales & Distribution Network
A GLOBAL MARKET: NU-MEGA SALES & DISTRIBUTION NETWORK For personal use only Focus on market growth in Europe Establishing products and distribution in high growth Asian markets Building on the GTC distribution in The Americas Consolidating a strong market position in domestic markets SALES OFFICE MA
Slide 13: Nu-Mega Ingredients Sales in FY2010
NU-MEGA INGREDIENTS SALES IN FY2010 For personal use only Geographic Applications Australia/New Zealand 11% Asia 78% Europe 6% USA 5% Products Oil 9% Powder 87% Soy 4%
Slide 14: Diversifying Encapsulated Products & Introducing New Products in FY2010
DIVERSIFYING ENCAPSULATED PRODUCTS & INTRODUCING NEW PRODUCTS IN FY2010 For personal use only Revenue from Existing Products 50% Revenue from New Products (released in the past 4 years) 50% 14
Slide 15: Outlook 2011
For personal use only Outlook 2011 Clover Corporation 15
Slide 16: Outlook FY2011
OUTLOOK FY2011 For personal use only • Expecting stronger sales performance in the second half of FY11. • Sell FFI. • Continued strong sales of ingredients for infant formula and foods. • Commercialisation of new products. • Capitalise on the expanded sales & distribution network. • Expand the custo
Slide 17: Thank You
For personal use only THANK YOU Questions? 17