Clorox Company (the) · NYSE:CLX
Clorox Company (the) — The Clorox Company — 33rd Annual Bernstein Strategic Decisions Conference 2017
13 slides from Clorox Company (the)'s conference presentation, May 31, 2017
Slide 1: 33rd Annual Strategic Decisions Conference
33rd Annual Strategic Decisions Conference Benno Dorer Chairman and Chief Executive Officer May 31st, 2017
Slide 2: Safe Harbor
Safe Harbor Except for historical information, matters discussed in this presentation, including statements about the success of the Company’s future volume, sales, costs, cost savings, earnings, foreign currencies, and foreign currency exchange rates, cash flows, plans, objectives, expectations, gr
Slide 3: Key Messages
Key Messages • Strategy focus on profitable growth continues to produce strong results • We are confident in our business plans
Slide 4: Advantaged Portfolio: Over 80% of Sales in U.S. and from #1 or #2 Share Brands
Advantaged Portfolio Over 80% of Sales in U.S. and from #1 or #2 Share Brands International : 17% FY16 Company Sales: $5.8B Cleaning : 33% Latin America 9% Home Care 18% Canada 3% Laundry 9% Australia / NZ 2% International 17% Professional 6% Rest of World 3% Cleaning 33% Lifestyle : 17% Household :
Slide 5: Advantaged Portfolio Supported by Consumer Megatrends
Advantaged Portfolio Supported by Consumer Megatrends Health & Wellness Sustainability MEGA TRENDS Fragmentation Affordability
Slide 6: Advantaged Portfolio Driving Significant Synergies
Advantaged Portfolio Driving Significant Synergies Customer Supply Chain Brand Building Scaled teams, Common consumer Scale across Buy, capabilities, and Make, Ship trends, insights, 3D broker network demand creation Health & Wellness Sustainability Fragmentation Affordability Over 80% of sa
Slide 7: 2020 Strategy
2020 Strategy Mission • We make everyday life better, every day • Maximize economic profit Objectives • Big-share brands in midsized categories and countries • Engage our people as business owners • Increase brand investment behind superior value and more targeted Strategy 3D plans Strategy • Keep t
Slide 8: Strong Progress Across Strategy Accelerators
Strong Progress Across Strategy Accelerators New, Digital-Led Cutting Speed to Market by 50% Creative Agency Partners Investing Behind Growth FY16 Record-High Engagement Brands to Accelerate Top-line
Slide 9: Strategy has Produced Strong Shareholder Return
Strategy has Produced Strong Shareholder Return 80% Total Shareholder Return 3 Years Ending 3/31/2016 66% 60% 13% 42% 40% 35% 11% 9% 53% 20% 31% 26% 0% Clorox Peers S&P 500 Share Price Appreciation Dividend Paid Peers consist of 13 companies: CPB, KMB, K, RB-GB, KO, GIS, NWL, EL, PEP, CHD, CL, PG an
Slide 10: Long-Term Growth Algorithm
Long-Term Growth Algorithm U.S. Domestic International ~80% of Clorox Sales ~20% of Clorox Sales +2-4% annual growth +5-7% annual growth 1.5 - 3.0 pts 1.0 - 1.5 pts = +3 to +5pts company company growth company growth growth Annual EBIT Margin Improvement: +25 to +50 bps Annual Free Cash Flow: 10% to
Slide 11: Solid Long-Term Investment Case
Solid Long-Term Investment Case • Investing behind leading brands to grow categories and share − 3%+ annual growth from innovation − Advertising projected at about 10% of Sales in FY17 • Margin improvement opportunities continue to exist − Strong cost savings track record − Driving SG&A to below 14%
Slide 12: Strong Long-Term Shareholder Return
Strong Long-Term Shareholder Return TSR % Total Shareholder Return 800 20 Year Ending 3/31/2017 692 CLOROX 700 600 665 Peers 500 400 354 S&P500 300 200 100 0 Mar Mar Mar Mar Mar Mar Mar Mar Mar Mar Mar 97 99 01 03 05 07 09 11 13 15 17 CLX S&P 500 Peer Companies Average Peers consist of 13 companies:
Slide 13: The Clorox Company
THE OK COMPANY
The Clorox Company — 33rd Annual Bernstein Strategic Decisions Conference 2017 on 6ix