F.f.i. Holdings Ltd. · ASX:FFI
F.f.i — Shareholder Meeting (November 2011)
16 slides from F.f.i's shareholder meeting presentation, Nov 15, 2011
Slide 1: Annual General Meeting 2011
For personal use only ANNUAL GENERAL MEETING 2011
Slide 2: Presentation Outline
Presentation Outline For personal use only Summary of Financial Results 2011 Financial Performance Review of Operations Key Business Fundamentals Growth Strategy Property Investment Outlook
Slide 3: Summary of Financial Results 2011
Summary of Financial Results 2011 For personal use only Sales revenue stable at $32.4 million. Operating profit after tax from food operations stable at $2.5 million. Minimal effect from sale of Olympic Fine Foods business. - Continuing operations sales up 4.5%. - Continuing operations profit
Slide 4: Financial Performance: Sales Revenue
Financial Performance For personal use only SALES REVENUE 40000 35000 30000 25000 20000 Sales - $(000's) 15000 10000 5000 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 Average Sales Growth 12%
Slide 5: Financial Performance: Underlying Profit
Financial Performance UNDERLYING PROFIT For personal use only FROM FOOD OPERATIONS 4000000 3500000 3000000 2500000 2000000 Underlying Profit - $ 1500000 1000000 500000 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 Average Profit Growth 24%
Slide 6: Financial Performance: Dividends Paid
Financial Performance For personal use only DIVIDENDS PAID 25 20 15 Dividends Paid - Cents 10 5 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 Average Dividend Growth 19%
Slide 7: Financial Performance: Shareholders Equity
Financial Performance For personal use only SHAREHOLDERS EQUITY 25000 20000 15000 Shareholders Equity 10000 $(000) 5000 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 Average Growth in Shareholders Equity 18%
Slide 8: Review of Operations
REVIEW OF OPERATIONS For personal use only Chocolate Products of Australia * Chocolate * Cake Toppings * Confectionery Fresh Food Industries * Bakers Jams * Fruit Fillings Prepact * Blending and Packing Tradition * Fresh Sausages * Bacon * Ham
Slide 9: Review of Operations: Products
REVIEW OF OPERATIONS For personal use only PRODUCTS Chocolate & Confectionery 41% Bakers Filling 9% Cake Decoration Toppings 17% Processed Meats 25% Packing & Blending 8% SALES BY PRODUCT CATEGORIES
Slide 10: Review of Operations: Markets
REVIEW OF OPERATIONS For personal use only MARKETS Food Service - Wholesalers & Distributors 32% Other Retailers - Independents & Convenience Stores 24% Supermarkets - Major Chains 9% Industrial Customers 21% Contract Packing & Private Labels 14% SALES BY MARKET SECTOR
Slide 11: Key Business Fundamentals
Key Business Fundamentals For personal use only Diverse manufacturing capabilities - in terms of both equipment and technical knowhow. Quality products - supported by innovation and new product development. Extensive distribution network - Australia wide, industrial, food service, retail. Ex
Slide 12: Growth Strategy
Growth Strategy For personal use only Continue to focus on niche markets. Increase market penetration across all business units. - category expansion. - leveraging off existing supply channels. Maintain profit margins by a disciplined approach to pricing and cost control. Re-investing in our
Slide 13: Investment Property
Investment Property For personal use only Total value of properties held for investment remains unchanged at $14 million. A key priority is to increase the return on shareholders funds by achieving a stable long term cash flow from this important asset. Values and demand for industrial propert
Slide 14: For personal use only
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Slide 15: Outlook
Outlook For personal use only Current market conditions remain difficult. Unable to provide any meaningful profit guidance for the current year. Well positioned to deal with current and future challenges; - quality assets - quality people - sound financial position Our business operations re
Slide 16: Annual General Meeting 2011
For personal use only ANNUAL GENERAL MEETING 2011