Inghams Group Ltd. · ASX:ING
Inghams — Shareholder Meeting (October 2017)
14 slides from Inghams's shareholder meeting presentation, Oct 31, 2017
Slide 1: Inghams Group Limited 2017 Annual General Meeting CEO Presentation
For personal use only Inghams Group Limited 2017 Annual General Meeting CEO Presentation 31 OCTOBER 2017
Slide 2: Important notice and disclaimer
Important notice and disclaimer For personal use only Disclaimer The material in this presentation is general background information about the activities of Inghams Group Limited (Ingham’s) and its subsidiaries (Ingham’s Group), current at the date of this presentation, unless otherwise noted. It is
Slide 3: FY2017 Highlights
FY2017 Highlights For personal use only Ingham’s has a long and proud history in Australia and New Zealand Delivering Ingham’s quality products to customers – Retail, QSR, Foodservice and Wholesale channels – ingredients – third party feed sales FY17 Improving operational performance across th
Slide 4: Ingham's – A World Class Food Company
Ingham’s – A World Class Food Company For personal use only PAGE // 3
Slide 5: Vertically integrated operations
Vertically integrated operations For personal use only Complex supply chain supported by integrated planning and optimisation Note: Time frames are indicative and relate to chicken. 1. Great Grand Parents. PAGE // 4 2. Grand Parents. 3. Includes contract growers and company owned farms.
Slide 6: FY2017 Results – Group highlights
FY2017 Results – Group highlights For personal use only Volume growth and financial performance ahead of prospectus forecasts Strong volume growth in Australia driven primarily through Retail and QSR channels Chicken remains the competitive protein, supporting the drive by customers to deliver v
Slide 7: Financial highlights – Pro forma FY17 vs FY16
Financial highlights – Pro forma FY17 vs FY16 For personal use only Poultry Revenue Gross EBITDA NPAT Net debt EPS Final Volume Profit Dividend 495.3kt $2,383.9m $456.8m $195.0m $102.0m $297.7m 27.4 cps 9.5 cps ↑ 11.5% ↑ 3.3% ↑ 8.1% ↑ 16.4% ↑ 22.8% ↓ ↑ 22.8% Total Poultry volume growth of 11.5% (c
Slide 8: FY17 Results – Pro forma Segment Information – Australia
FY17 Results – Pro forma Segment Information – Australia For personal use only Actual Prospectus Actual Summary: Australia $ millions FY2017 FY2017 Var. % FY2016 Var. % Poultry volume growth excluding ingredients of 8.8% Australia Profit improvement delivered despite challenges created Poultry 4
Slide 9: FY17 Results – Pro forma Segment Information – New Zealand
FY17 Results – Pro forma Segment Information – New Zealand For personal use only Actual Prospectus Actual Summary: New Zealand $ millions FY2017 FY2017 Var. % FY2016 Var. % Improved trading conditions and performance in H2 New Zealand Poultry 73.5 73.7 0.2 (0.3)% 72.3 1.2 1.7% Poultry volume gro
Slide 10: Project Accelerate
Project Accelerate For personal use only Implementation of the multi year transformation project is well underway Innovation and Differentiation Focused exports strategy Accelerate FP network utilisation Farming efficiency Feed business strategy Labour productivity Automation Procure
Slide 11: Update on Western Australian expansion
Update on Western Australian expansion For personal use only In May 2017, Ingham’s announced the planned expansion of its Western Australian operations over the next three years to meet local demand with locally grown Ingham’s quality poultry products This will require relocating from Ingham’s e
Slide 12: Outlook – AGM October 2017
Outlook – AGM October 2017 For personal use only Outlook unchanged and strategy implementation remains on track Growth in Australian poultry volumes running closer to historical average as we cycle EDLP initiatives – third party feed sales volume reduction due in part to the loss of a VIC custom
Slide 13: Appendix
For personal use only Appendix
Slide 14: Risks Summary (per Financial Statements)
Risks Summary (per Financial Statements) For personal use only Material business risks faced by the Group that may have a significant effect on the financial prospects of the Group include: Import restrictions: Changes to import quarantine conditions in Australia and/or New Zealand that would allo