Morgan Advanced Materials Plc · LSE:MGAM
Morgan Advanced Materials — Shareholder Meeting (May 2019)
8 slides from Morgan Advanced Materials's shareholder meeting presentation, May 10, 2019
Slide 1: 2018 Full Year Results AGM Presentation
2018 Full Year Results AGM Presentation 10th May 2019 www.morganadvancedmaterials.com
Slide 2: Key highlights
Key highlights • Strategy implementation progressing, well accelerating growth • Revenue growth of 7.4% and headline operating profit growth of 9.4% on an organic constant-currency basis • Group headline operating profit margin 12.1% • Headline EPS growth of 17.1% reflecting improvement in operating
Slide 3: Group performance summary
Group performance summary Organic % 1/2 1/2 % change FY 2018 FY 2017 change from from FY 2017 FY 2017 At constant £m £m As reported currency Revenue 1,033.9 1,001.4 3.2% 7.4% Group headline operating profit3 124.8 120.7 3.4% 9.4% Group headline operating profit margin % 3 12.1% 12.1% Cash flow from
Slide 4: Our strategy for growth
Our strategy for growth We have a strategy to ensure we are the leaders in our field, with the customer and materials insight to apply our capabilities quickly and effectively We apply these skills to a portfolio of businesses where: • Our technical expertise and differentiation is valued • We can o
Slide 5: Execution priorities - 2015 to 2018
Execution priorities - 2015 to 2018 Move to a global Completed in 2016, the simplified organisational structure delivers a co- structure ordinated approach to global customers and markets. Extend our technology We are investing £10m per year more in R&D than 2015, established two new leadership Cent
Slide 6: Group progress - 2015 to 2018
Group progress - 2015 to 2018 1 2 Energy consumption Organic growth Free cash flow -14% +6.8% -14.4% +62% 3 Lost-time accident rate ROIC EBITA % -51% +2.1% +0.5% 1 Energy consumed in MWh per £m of third party revenue 2 Excluding ceramic amour in 2018. 3 Lost-time accidents per 100,000 hours worked.
Slide 7: Execution priorities – 2019 and beyond
Execution priorities – 2019 and beyond Drive sales Continue the deployment of our tools, processes and training to improve our effectiveness and capabilities and market insight and drive sales growth. market focus Extend our technology Accelerating the development of new materials and manufacturing
Slide 8: Summary
Summary • Strategy implementation progressing, well accelerating growth • Revenue growth of 7.4% and headline operating profit growth of 9.4% on an organic constant-currency basis • Group headline operating profit margin 12.1% • Headline EPS growth of 17.1% reflecting improvement in operating profit
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