Collins Foods Limited · ASX:CKF
Collins Foods — Shareholder Meeting (September 2016)
25 slides from Collins Foods's shareholder meeting presentation, Sep 1, 2016
Slide 1: 2016 Annual General Meeting
For personal use only COLLINS FOODS LIMITED 2016 ANNUAL GENERAL MEETING 1 September 2016
Slide 2: Chairman's address
For personal use only Chairman’s address Robert Kaye SC
Slide 3: Managing Director and CEO address
For personal use only Managing Director and CEO address Graham Maxwell
Slide 4: Overall Revenue
Overall Revenue For personal use only $700 $600 $500 $400 Millions $300 $571.6 $574.3 $200 $440.6 $100 $0 FY14 FY15 [1] [1] FY16 [1] 53 week year Page 3
Slide 5: Total Restaurant Count
Total Restaurant Count For personal use only 300 280 Number of restaurants 260 240 286 270 264 220 217 200 FY14 [1] FY15 FY16 TODAY [1] excluding WA/NT restaurants acquired on 7 March 2014 Page 4
Slide 6: Total Underlying EBITDA & NPAT
Total Underlying EBITDA & NPAT For personal use only $80 $70 $60 $50 Millions $40 $74.6 $67.4 $30 $49.0 $20 $30.1 $10 $24.6 $17.9 $0 FY14 FY15 FY16 Underlying EBITDA Underlying NPAT Page 5
Slide 7: Net Debt & Net Leverage Ratio
Net Debt & Net Leverage Ratio For personal use only 135 2.75 130 $128.0m 2.50 125 $122.8m 2.25 Net Leverage Ratio 2.22 Net Debt $m 120 2.00 115 1.83 $112.5m 1.75 110 1.50 1.52 105 1.25 100 1.00 FY14 FY15 FY16 Page 6
Slide 8: KFC Revenue
KFC Revenue For personal use only $600 $500 $400 Millions $300 $483.1 $501.6 $200 $344.8 $100 $0 FY14 FY15 FY16 Page 7
Slide 9: KFC Margin
KFC Margin For personal use only 20% 15% Percentage 10% 15.4% 16.3% 15.2% 5% 9.4% 0% FY14 FY15 FY16 KFC (WA/NT only) KFC (QLD only) KFC (QLD/WA/NT) Page 8
Slide 10: Acquisition of KFC restaurants
Acquisition of 13 KFC restaurants For personal use only • Acquisition of 13 KFC restaurants located around the New South Wales and Victorian border announced in May • Provides growth opportunities in these States NORTHERN TERRITORY (4) • On a trailing basis Sales were $32.3m and EBITDA (pre-synergie
Slide 11: KFC Restaurants
KFC Restaurants For personal use only 250 200 16 9 15 4 Number of restaurants 150 54 42 41 41 100 121 121 121 121 50 0 FY14 FY15 FY16 TODAY Existing Acquisition New build Page 10
Slide 12: Sizzler Revenue
Sizzler Revenue For personal use only $120 $100 $80 Millions $60 $95.8 $40 $88.5 $72.6 $20 $0 FY14 FY15 FY16 Page 11
Slide 13: Sizzler Underlying EBITDA
Sizzler Underlying EBITDA For personal use only $9 $8 $7 $6 Millions $5 $4 $7.8 $3 $5.3 $2 $4.5 $1 $0 FY14 FY15 FY16 Page 12
Slide 14: Sizzler Restaurants
Sizzler Restaurants For personal use only 100 90 80 22 70 26 26 Number of stores 60 50 40 60 60 65 30 20 10 0 FY14 FY15 FY16 Sizzler Asia Sizzler Australia Page 13
Slide 15: Snag Stand Store Count
Snag Stand Store Count For personal use only 8 7 6 Number of stores 5 4 7 3 6 6 2 1 0 FY14 FY15 FY16 Page 14
Slide 16: Charitable Donations
Charitable Donations For personal use only $1.0 Millions $0.5 $0.6 $0.6 $0.6 $0.0 FY14 FY15 FY16 Page 15
Slide 17: Fantastic Employees
Fantastic Employees For personal use only 9,500 9,000 Employee numbers 8,500 9,181 8,748 8,000 8,167 7,500 FY14 FY15 FY16 Page 16
Slide 18: AGM business
For personal use only Page 17 AGM business
Slide 19: Item 1. Financial and Other Reports
Item 1. Financial and Other Reports For personal use only To receive and consider the Financial Report, Directors’ Report and Independent Auditor’s Report of the Company and its controlled entities for the financial period ended 1 May 2016 Page 18
Slide 20: Item 2. Re-election of Director – Bronwyn Morris
Item 2. Re-election of Director – Bronwyn Morris For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “To re-elect as a Director of the Company Bronwyn Morris who, being a Director of the Company, retires and, being eligible, offers herse
Slide 21: Item 3. Increase in maximum aggregate annual remuneration of Non-executive Directors
Item 3. Increase in the maximum aggregate annual remuneration of Non-executive Directors For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purpose of ASX Listing Rule 10.17, clause 50 of the Company’s Constitution and al
Slide 22: Item 4. Renewal of Shareholder Approval for LTIP
Item 4. Renewal of Shareholder Approval for LTIP For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purpose of Listing Rule 7.2 exception 9 and for all other purposes, the Collins Foods Limited Executive and Employee Ince
Slide 23: Item 5. Proposed issue of Performance Rights to Graham Maxwell under the LTIP
Item 5. Proposed issue of Performance Rights to Graham Maxwell under the LTIP For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That for the purpose of Listing Rule 10.14 and for all other purposes, approval is given for the issue, to
Slide 24: Item 6. Adoption of Remuneration Report
Item 6. Adoption of Remuneration Report For personal use only To consider and, if thought fit, to pass the following as an ordinary resolution “That the Remuneration Report (which forms part of the Directors’ Report) in respect of the period ended 1 May 2016 be adopted.” Note: This resolution is adv
Slide 25: Disclaimer
Disclaimer For personal use only This presentation contains forward looking statements which may be subject to significant uncertainties beyond CKF’s control. No representation is made as to the accuracy or reliability of forward looking statements or the assumptions on which they are based. Circums