Australian Vintage Ltd · ASX:AVG
Australian Vintage — FY2018 Earnings Presentation
18 slides from Australian Vintage's earnings presentation, Aug 29, 2018
Slide 1: June 2018 Results
Australian Vintage Ltd. June 2018 Results 29th August 2018 For personal use only
Slide 2: Disclaimer
Australian Vintage Ltd. June 2018 Results For personal use only Disclaimer The presentation has been prepared by Australian Vintage Limited the industry, countries and markets in which AVG operate. They also (ACN 052 179 932) (“AVG”) (including its subsidiaries, affiliates and include general econom
Slide 3: Key Points
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Key Points For personal use only • Net profit after tax up 79% to $7.7 million • Cash Flow from Operating Activities positive $26.7 million compared to $14.0 million in prior period. This is th
Slide 4: Australian Wine Industry
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Australian Wine Industry For personal use only In the 12 months to June 2018 the value of Australian wine exports increased by 20% to $2.6 billion and volume increased by 10% to 852 million lit
Slide 5: Australian Wine Industry (cont.)
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Australian Wine Industry (cont.) For personal use only The 2018 Vintage crush was 1.79 million tonnes, a 10% decrease on last year’s record crush (WFA National Vintage Report July 2018). The de
Slide 6: Business Results & Summary: Branded Sales
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Business Results & Summary For personal use only 1. Branded Sales Our continued focus on our three core brands, McGuigan, Tempus Two and Nepenthe has resulted in the ongoing increased sales of
Slide 7: Business Results & Summary: Australasia / North America Packaged
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Business Results & Summary (cont.) For personal use only 2. Australasia / North America Packaged Sales increased by 3% to $107.3 million. Contribution increased by 21% to $7.4 million. Australi
Slide 8: Business Results & Summary: UK / Europe
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Business Results & Summary (cont.) For personal use only 3. UK / Europe Sales up 25% to $111.0 million. Contribution up $5.4 million to $5.6 million. A focus on sales mix, increasing sales foot
Slide 9: Business Results & Summary: Other Segments and Financial Position
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Business Results & Summary (cont.) For personal use only Operating Cash Flow 4. Other Segments last 5 years Cellar Door sales increased by 6% to $10.6 million and contribution is in line with l
Slide 10: Capital Expenditure and Future Grape Supply
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Business Results & Summary (cont.) For personal use only 6. Capital Expenditure Capital expenditure increased to $19.5 million as a result of significant investment in winery equipment (includi
Slide 11: Results Summary – Revenue
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Results Summary – Revenue ($’000) For personal use only 12 months to Change 30/06/18 30/06/17 $’000 % Australasia / North America packaged 107,261 103,830 3,431 3 UK / Europe 111,003 88,454 22,
Slide 12: Results Summary
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Results Summary ($’000) For personal use only 12 months to Change 30/06/18 30/06/17 $’000 % Australasia / North America Packaged 7,382 6,100 1,282 21 UK / Europe 5,614 208 5,406 2600 Cellar Doo
Slide 13: Outlook
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Outlook For personal use only The Company continues to focus on three key strategies – • Grow export business Wines and Simeon Wines merged in 2002. This clearly • Increase branded sales shows
Slide 14: Outlook (cont.)
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Outlook (cont.) For personal use only In the next 12 months we expect our total capital spend to be similar at around $19.0 million. This capital will be spent on a major development at our Bur
Slide 15: Wine Show Results / Key Brand Facts
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Wine Show Results / Key Brand Facts For personal use only • In 2017 McGuigan received a total of 595 trophies and medals, including 22 Trophies; 159 Golds and184 Silver medals. • McGuigan Wines
Slide 16: Wine Show Results / Key Brand Facts
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Wine Show Results / Key Brand Facts For personal use only • Cowra Wine Show: Best Single Vineyard Table White Wine Trophy - McGuigan Bin 9000 Semillon 2007. • Japan Wine Challenge: Internationa
Slide 17: Wine Show Results / Key Brand Facts
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Wine Show Results / Key Brand Facts For personal use only • In 2017 Tempus Two received a total of 260 trophies and medals, including 4 Trophies; 39 Golds; and 83 Silver medals. • Hong Kong Int
Slide 18: Wine Show Results / Key Brand Facts
Key Points Australian Wine Business Results & Summary Outlook Wine Show Results / Industry Key Brand Facts Wine Show Results / Key Brand Facts For personal use only • Hong Kong IWSC: Best Sauvignon Blanc Trophy - Nepenthe Petraea Sauvignon Blanc 2016. • Decanter World Wine Awards: Gold Altitude Shir