Joyce Corporation Ltd · ASX:JYC
Joyce — FY2018 Earnings Presentation
11 slides from Joyce's earnings presentation, June 2018
Slide 1: FY18 Results Presentation
By Anthony Mankarios Executive Director, and FY18 RESULTS PRESENTATION Keith Smith Finance Executive JOYCE CORPORATION LTD - FY18 Broker Presentation 1
Slide 2: 2018 Statutory Results
2018 Statutory Results Joyce Corporation FY18 FY17 Variance $000’s $000’s Revenue 96,392 78,770 22% Profit after tax from continuing operations 6,723 5,640 19% Profit attributable to Joyce shareholders 3,380 2,764 22% EPS (Diluted) cents 12.1 9.9 22% Joyce earnings continue to grow despite significa
Slide 3: Historical Growth
Historical Growth $m's Revenue Growth 100 90 Annual We have chosen great partners to invest in 80 Compound and are being engaged to support ongoing 70 Growth strategic investments: 60 ‐ Fitout, marketing campaigns and staff 50 40 +66% capabilities in Bedshed 30 ‐ Geographic expansion and supply chai
Slide 4: Joyce Dividend Yield and Price to Earnings
Joyce Dividend Yield Joyce delivers higher ‘fully franked’ dividend yield relative to the Consumer Discretionary sector and the ASX 300. We have declared a fully franked final dividend of 6.0c, making 11.0c for the FY18 year. This is 10% higher than forecast to the market three years ago. Joyce Pric
Slide 5: Business Unit Review
Business Unit Review KWB Group By the end of FY18 KWB were operating FY18 FY17 Variance $000’s $000’s from 18 sites a further 3 are planned to Continuing revenue 59,937 47,404 26% open in FY19. Our customer satisfaction Segmental profit 8,316 5,938 40% levels are some of the highest in the industry.
Slide 6: KWB Highlights: Optimising Stage
KWB Highlights Optimising Stage • The training and roll out programs have been set. In FY18 3 new stores were opened and 1 refurbished. In FY19 the same level of expansion is set; • The IP from proprietary software, together with the showroom and ‘virtual’ tours is driving increasing sales closure r
Slide 7: Lloyds Online Highlights: Maximised Future Potential
Lloyds Online Highlights Maximised Future Potential • Expanded geographic spread; • Developed IP and seeing great initial outcomes from deployment in the Classic Cars ‘vertical’; • Strong brand established driving +280% increase in web traffic over the last 6 months of FY18; • Auction sales in FY18
Slide 8: Bedshed Highlights: Solid and Consistent Performer
Bedshed Highlights Solid and Consistent Performer • Franchisees continue to enquire about operating multi‐sites, and positively feedback on the Joyce relationship; • Improved GP margins and continued focus on contemporary and unique technology in FY19; • Highly trained and knowledgeable staff; • Wor
Slide 9: Joyce Overview
Joyce Overview The Joyce Corporation has benefitted from its partnering relationships and this is encapsulated in the ‘Joyce Way’. This is a set of principals by which we do business. These are – Integrity, Openness, Performance and Professionalism. We believe these attributes are a key component to
Slide 10: Joyce Corp Outlook
Joyce Corp Outlook With the store template established and the development of a highly efficient supply chain there is significant geographic expansion potential with three new sites planned for FY19. Double digit earnings growth is expected in FY19. Significant levels of investment were made into L
Slide 11: Disclaimer
DISCLAIMER Information contained in this presentation may involve forward looking statements, including possible future performance estimates, estimated earnings, potential growth of the company or its industry or other projections. Whilst “JYC” believes these are reasonable at the time of printing,