Slide 1: CEO presentation to the 2015 AGM
I am pleased to be presenting to you today on behalf of all the team at Burson Group. Our business has grown significantly in the last year, with many staff joining us including those in the Aftermarket Network Australia (formerly Metcash Automotive). It is indeed a privilege to lead such a talented
Slide 2: Disclaimer
Disclaimer The material in this presentation has been prepared by Burson Group Limited (“Burson”) ABN 80 153 199 912 and is general background information about Burson’s activities current at the date of this presentation. The information is given in summary form and does not purport to be complete.
Slide 3: Presentation outline
In my presentation I will cover the 2015 financial year highlights, an introduction to our new business, Aftermarket Network Australia, known as “ANA” and how our overall business now looks, the trading performance for the first quarter of the current financial year, our progress on the integration
Slide 4: 2015 was another very successful year for the group
The 2015 was another very successful year for the group. As our Chairman has outlined, our trade based network, Burson Auto Parts, increased the number of stores to 130 at end of June 2015 and as of today we have 133 stores. This included our inaugural 3 stores in Western Australia, 6 in Queensland,
Slide 5: Main financial highlights for FY2015
Our Chairman covered the main financial highlights, with sales up almost 10% on the prior year, same store sales up 4.6%, Net profit after tax and earnings per share up strongly at 19.1%. We met or exceeded every key indicator. Our balance sheet also performed strongly with underlying net debt down
Slide 6: Key performance indicators
We have a number of Key Performance Indicators in graphical form to illustrate the growth that Burson has been achieving. These show the growth in store numbers, same store sales, gross profit margin percentage and Earnings before interest, tax, depreciation and amortisation margin percentage (or EB
Slide 7: Introduction to ANA
I will provide a brief introduction to our new business, ANA. ANA is a wholesaler and distributor of automotive parts, accessories and service to a marketing network of 416 stores. It has 416 mainly franchised stores as well as around 3,000 other aftermarket customers. The core focus is on: Retail
Slide 8: Acquisition places Burson across the supply chain
The acquisition was compelling as it now places Burson across the supply chain, as shown in this chart, and provides significant growth opportunities via every segment of the supply chain we now operate in.
Slide 9: Group structure and brands
In summary, slide 8 shows the structure and brands that Burson Group now operates across the supply chain through trade, retail, service and wholesale.
Slide 10: First quarter FY2016 trading
The first quarter of the 2016 financial year has been another massive few months for the Burson Group. We completed the acquisition of the ANA business, with a smooth transition. ANA is operating largely as a stand-alone business and is delivering the expected results, noting it is included since
Slide 11: Integration and optimisation projects for ANA
In integrating ANA with Burson Auto Parts, we have taken a measured approach, choosing to minimise any adverse impact on either business, given that both businesses produce excellent results in their own right. We are achieving synergies where appropriate, have reviewed and reaffirmed the strategy f
Slide 12: Strategy reaffirmed across Burson Auto Parts and ANA
Slide 12 reaffirms the strategy for our business, across Burson Auto Parts and ANA We are confident and excited at the range of excellent opportunities to continue to grow all of our business segments.
Slide 13: Outlook remains positive and unchanged
Our outlook remains positive and unchanged, with Burson Auto Parts to grow sales and NPAT at low double digit percentage; o Achieving at least 140 stores by June 2016, with o Same store sales growth of 3% to 4% and reasonably steady margin ANA is expected to deliver in the 11 months it will be i
Slide 14: Thank You
BURSON GROUP 17D | GROUP LTD Thank You 14 Australia’s Leading Provider of Aftermarket Parts, Accessories and Services.