Shriro Holdings Ltd. · ASX:SHM
Shriro — Shareholder Meeting (April 2016)
17 slides from Shriro's shareholder meeting presentation, Apr 29, 2016
Slide 1: Chairman's Report
Chairman’s Report It is with pleasure that at this first Annual General Meeting of Shriro Holdings Limited since its Listing in June 2015, I am able to report that your Company exceeded its Prospectus Forecast for its first year, the For personal use only year ended 31 December 2015. It was an excel
Slide 2: Annual General Meeting Presentation
For personal use only SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Friday, 29 April 2016
Slide 3: Sales Revenue
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Sales Revenue For personal use only Sales was in line with Prospectus forecast $186.3m $177.0m +5.3% $187.0m (0.4) CY 2015 CY 2014 CHANGE PROSPECTUS % FORECAST STANDOUT DIVISIONS Casio G-Shock Casio Electronic Music Instruments Omega Applia
Slide 4: Gross Margin
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Gross Margin For personal use only Strong margin performance despite weaker AUD 42.6% 41.9% 42.1% 50.5% CY 2015 CY 2014 PROSPECTUS % OF SALES FORECAST STRONG HEDGING POLICY Plus Dominant product divisions allows price increases plus the abi
Slide 5: Operating Expenses
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Operating Expenses Disciplined operating expenses control For personal use only Significant reduction in interest. Reduction in freight and warehousing costs. $57.3m $55.4m +3.4% $58.8m (2.6%) CY 2015 CY 2014 CHANGE PROSPECTUS DIFFERENCE FO
Slide 6: Proforma NPAT
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Proforma NPAT For personal use only Exceeded prospectus forecast by 24.0% and 39.3% increase on CY14 $12.4m $8.9m +39.3% $10.0m +24% CY 2015 CY 2014 CHANGE PROSPECTUS DIFFERENCE FORECAST
Slide 7: Balance Sheet Highlights
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Balance Sheet Highlights For personal use only Net Debt Reduced Net Debt to Pro $37.3 to $9.4m. Forma EBITDA .4X 0.4X Inventory Net Assets Reduction Real assets Improved No intangibles Debtor Days $47.4m
Slide 8: Shareholder Return
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Shareholder Return For personal use only Dividends Dividend of 6.0 Represents a payout A fully franked cents per share, ratio of around 60% interim dividend fully franked paid – in line with the which is likely to be 31 March 2016 Prospectu
Slide 9: Summarised Pro Forma Results Compared to Prospectus
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Summarised Pro Forma Results Compared to Prospectus For personal use only YEAR ENDED 31 DECEMBER 2015 Actual Prospectus Proforma Forecast CY2015 CY2015 Sales 186.3 187.0 Gross Margin 42.6% 42.1% Operating Expenses (57.3) (58.8) EBITDA 22.1
Slide 10: Everdure
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Everdure For personal use only To build a global Barbeque Brand in collaboration with a world renowned chef whom we have been working with. This is soon to be announced. Joint product development to revolutionise the outdoor cooking market
Slide 11: Neil Perry Kitchen by Omega
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Neil Perry Kitchen by Omega For personal use only Neil Perry is an Australian chef, restaurateur, author and television presenter. He is the co-ordinator for Qantas Flight Catering under his company Rockpool Consulting and co-owns numerous
Slide 12: Neil Perry Kitchen by Omega
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Neil Perry Kitchen by Omega For personal use only Our retail partner Harvey Norman month on month growth in written sales (orders in) where written sales are showing more than 40% growth each month exceeding Harvey Norman expectations. Stor
Slide 13: Neil Perry Kitchen
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Neil Perry Kitchen product images and store displays For personal use only
Slide 14: Casio G-Shock Watches
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Casio G-Shock Watches For personal use only Strong sales are expected with a continued rollout of G-Factory stores as well as the further release of G-Shock premium watches which will move the average price point upwards significantly. Casi
Slide 15: Casio Acoustic Digital Piano
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Casio Acoustic Digital Piano For personal use only The creation of a new product class with the first time creation of a digital acoustic piano in collaboration with C. Bechstein.
Slide 16: Robinhood
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Robinhood For personal use only We are in the advanced stages of new innovative design within the Supertub category. ALTO ®
Slide 17: Outlook
SHRIRO HOLDINGS LIMITED Annual General Meeting Presentation Outlook For personal use only Strong first quarter Strengthened High-rise medium density growth in profit, however AUD will provide a apartments and new caution Q1 is only a small positive impact in housing is only a small part of total yea