Ricegrowers Ltd. Class B · ASX:SGLLV
Ricegrowers Ltd. Class B — 23rd Australasian AgFood Conference (March 2025)
15 slides from Ricegrowers Ltd. Class B's conference presentation, Mar 13, 2025
Slide 1: ASX Announcement
ASX Announcement 13 March 2025 Presentation to 23rd Australasian AgFood Conference Attached is a presentation that SunRice Group CEO Paul Serra will speak to today at the 23rd Australasian AgFood Conference in Melbourne. Authorised by Kate Cooper, General Counsel and Company Secretary Investor inqui
Slide 2: SunRice: Delivering consistent returns through cycles
SunRice: Delivering consistent returns through cycles 13th March 2025 23rd Australasian AgFood Conference “Sustainable Returns through Cycles”
Slide 3: Important notice & disclaimer
DELIVERING CONSISTENT This presentation is for information purposes only. Any person who receives this presentation must This presentation should be read in conjunction This information is given in summary form and seek advice on and observe any such restrictions. with other publicly available mater
Slide 4: A diversified global food company
DELIVERING CONSISTENT RETURNS THROUGH CYCLES A diversified global food company SunRice is a global FMCG business and one of the largest rice food companies in the world. Our purpose: With rice at our heart, we bring people together through inspiring and delicious food. SunRice is committed to enduri
Slide 5: With rice at our heart
DELIVERING CONSISTENT RETURNS THROUGH CYCLES With rice at our heart We are proud of our 75-year history in the Riverina and consider ourselves to be global leaders in value-added and branded rice food manufacturing. At a glance: FY24 1H25 Revenues: $1.88bn $0.91bn Basic EPS: 97.5¢ 47.2¢ Fully franke
Slide 6: History: an Australian success story
DELIVERING CONSISTENT RETURNS THROUGH CYCLES 1950s 1980s 1993 2012 2019 History: an Mills are built at Leeton and SunRice begins a program of Riviana Foods is acquired to diversify the Group’s SunRice hits $1 billion in turnover in FY2012. CopRice acquires the assets of Australian rice bran Australi
Slide 7: Focus on delivering consistent returns through cycles
DELIVERING CONSISTENT RETURNS THROUGH CYCLES Focus on • SunRice operates in a cyclical environment where water availability and delivering increasing climate variability greatly affect rice supply from the countries consistent which SunRice sources from. returns • SunRice has a unique dual class sha
Slide 8: Revenue outside Australia, branded sales and operations
DELIVERING CONSISTENT RETURNS THROUGH CYCLES ~53% of revenue is generated outside of Australia* ~70 % branded sales* Operations 1,500 + products 45 major 50+ countries 75 years in business 10 in countries brands * 1H FY25 Note rice supply sources vary by year, depending on multiple factors 7
Slide 9: Global rice sourcing capability
DELIVERING CONSISTENT RETURNS THROUGH CYCLES Global rice sourcing capability A strategy of diversification to respond to changing conditions Over 1.5 million Paddy tonnes of demand with nearly two thirds sourced internationally * 12 SOURCE COUNTRIES Australia Cambodia China Uruguay 1,161 963 Pakista
Slide 10: Performance through the cycle
DELIVERING CONSISTENT RETURNS THROUGH CYCLES Performance Group Revenue vs Australian Crop Size 1.88 through 1.64 the cycle 1.27 1.33 1.25 1.18 1.19 1.15 1.11 1.13 1.07 1.03 ▪ SunRice has built financial 1.00 0.62 0.81 0.80 resilience throughout years 0.69 0.69 0.50 0.96 0.83 0.42 of fluctuating wate
Slide 11: Driving action through our sustainability strategy
DELIVERING CONSISTENT RETURNS THROUGH CYCLES Driving action through our sustainability strategy Water Climate Waste Resilient Respecting Food security productivity resilience reduction communities human rights & quality Water productivity: Emissions Reduction Targets and SunRice encourages practices
Slide 12: SunRice has delivered TSR of 465% over the last 10 years
DELIVERING CONSISTENT RETURNS THROUGH CYCLES SunRice accumulation vs S&P/ASX 300 Accumulation Index SunRice has $12.00 (Since 27-Feb-15) delivered TSR $10.50 of 465% over $10.00 as at 28-Feb-25 the last 10 years $8.00 (CAGR of 19%) 1 $6.00 $4.00 S&P/ASX 300 Accumulation $2.00 Index2 $0.00 ASX 300 ac
Slide 13: Outlook for Profit Businesses
DELIVERING CONSISTENT RETURNS THROUGH CYCLES Maintaining our course in 2H FY25 Outlook • Consistent with our announcement at the time of our 1H FY25 results, the Group continues to for Profit expect the full year results to show revenue broadly in line with FY24, moderate growth Businesses in EBITDA
Slide 14: Outlook for Rice Pool Business
DELIVERING CONSISTENT RETURNS THROUGH CYCLES The outlook for the Australian Rice Pool Outlook for CY24 Pool Rice Pool • On 4 March 2025 we announced an additional increase to the lower end of the CY24 paddy price range, from $380 Business to $385, and a reduction in the higher end of the range from
Slide 15: With rice at our heart, we bring people together through inspiring and delicious food
With rice at our heart, we bring people together through inspiring and delicious food.
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