Shriro Holdings Ltd. · ASX:SHM
Shriro — Shareholder Meeting (April 2017)
19 slides from Shriro's shareholder meeting presentation, Apr 24, 2017
Slide 1: Chairman's Report
Chairman’s Report For personal use only It is with pleasure that at this second Annual General Meeting of Shriro Holdings Limited since its Listing in June 2015, I am able to report that your Company has again achieved profit growth. Shriro exceeded its Prospectus net profit after tax Forecast in it
Slide 2: Annual General Meeting Presentation
For personal use only SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Monday, 24 April 2017 by Mike Westrup
Slide 3: Highlights
For personal use only SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 2 CY16 NPAT of $13.2M, up 6.5%, despite significant Sales Revenue grew 2.1% – excluding disruption to Highlights new BBQ launch costs Appliance sales channel 6.5% 2.1% Everdure entered into a EBITDA up 3.2% to $22.8M
Slide 4: Profit and Loss Statement
For personal use only SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 3 Profit and Loss CY16 showed NPAT grow 6.5% and EBITDA grow 3.2% as compared to CY15 Major contributors to this result were: – continued disciplined expense Statement control; and – GP% holding steady despite signif
Slide 5: Balance Sheet and Cash Flows
For personal use only SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 4 Balance Net Debt reduced to $5.5M as at 31 Dec 16 (PY $9.4M) Debt at the end of Jan 17 was zero Sheet $5.5m Gearing low – Debt Working capital now at expected Solid net assets of $53.3M at to EBITDA of 0.2% level,
Slide 6: BBQ's
SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 5 BBQ’s For personal use only WINNER Red Dot Design Award Best of the Best 2017
Slide 7: BBQ Information
SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 6 BBQ Information For personal use only • Worldwide market is 10 – 11 billion, of which 6.3 billion is in the USA market (Source: IBIS) • Strategy is to systematically launch the products throughout the world, after understanding each mar
Slide 8: Australian Launch 2016
SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 7 Australian Launch 2016 For personal use only Australian Launch September 2016 Key supporters: Harvey Norman, Bunnings and BBQ specialists
Slide 9: New Zealand Launch 2017
SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 8 New Zealand Launch 2017 For personal use only NZ Launch April 2016 Key supporters: Harvey Norman, Mitre 10, BBQ specialists and Bunnings
Slide 10: United Kingdom Launch 2017
SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 9 United Kingdom Launch 2017 For personal use only United Kingdom Launch March 2017 Key supporters: John Lewis Group and Garden Centres
Slide 11: United Kingdom Launch 2017 continued
SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 10 United Kingdom Launch 2017 continued For personal use only • Held at Heston’s Crown Hotel in Bray – see pictures of the set-up prior to the start below • Rotating 16 chefs from Fat Duck (3 Michelin stars), Dinner (2 stars), The Crown (
Slide 12: Scandinavian Launch March 2017
SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 11 Scandinavian Launch March 2017 For personal use only Scandinavian (Denmark, Norway, Iceland, Finland and Sweden) Launch March 2017 Key supporters: • Magasun Department store; • Illium Bolighus – most prestigious housewares stores in th
Slide 13: International market future launches
SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 12 International market future launches For personal use only • Future for BBQs • 2017 Expand into Scandinavia/ United Kingdom/ New Zealand/ Belgium/ Holland/ Luxembourg/ Slovenia • 2018 Expand into Germany • 2019 Expand into USA/Spain/Po
Slide 14: Developments
SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 13 Developments For personal use only ROBINHOOD 2017 Development of laundry modules and flat packs for Australia/New Zealand and UK markets.
Slide 15: Developments continued
SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 14 Developments continued For personal use only OMEGA 2017/2018 Development of new range of cooking appliances incorporating proprietary software to enable the cook to make better decisions
Slide 16: Other Initiatives
SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 15 Other Initiatives For personal use only • G-SHOCK 35th Anniversary Launch USA November 2017 and Australia December 2017 • Opened G-factory stores @ Myer Westfield Warringah Mall • Opened G-factory Premium @ Wallace & Bishop, Queens Str
Slide 17: Dividends
For personal use only SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 16 Dividends Dividends of 10 cents per share, fully franked for CY16 10.0 cps Represents a payout ratio of around 72% 72% A fully franked interim dividend is expected to be paid in September 2017 fully franked
Slide 18: Outlook
For personal use only SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 17 Outlook First Quarter The first QTR’s results are encouraging and are ahead of Q1 CY16, with sales up 6.6% on PY, however caution, as Q1 is only a small part of total year. Watches are performing below expectation
Slide 19: Thank you
For personal use only SHRIRO HOLDINGS LIMITED – ANNUAL GENERAL MEETING PRESENTATION 18 Thank you