Kmd Brands Limited · NZX:KMD
Kmd Brands — Kathmandu Holdings — Shareholder Meeting (November 2018)
22 slides from Kmd Brands's shareholder meeting presentation, Nov 23, 2018
Slide 1: Annual General Meeting November 2018
Annual For personal use only General Meeting November 2018
Slide 2: Agenda: 2018 Annual General Meeting
Agenda: 2018 Annual General Meeting For personal use only » Chairman’s address » Chief Executive Officer’s address » Ordinary business » Item 1: Financial Statements » Item 2: Election of Directors » Item 3: Auditors’ Remuneration » Item 4: Grant of performance rights to Xavier Simonet » Item 5: Inc
Slide 3: Chairman's address
For personal use only Chairman’s address
Slide 4: CEO's address
For personal use only CEO’s address
Slide 5: CEO's address
CEO’s address For personal use only » FY18 highlights: » Financial results » Oboz acquisition » Sustainability achievements » Strategy update » Transformation journey » Trading update and outlook 5
Slide 6: FY18 highlights - financial results
FY18 highlights - financial results For personal use only Sales Gross margin AU 180 bps $497.4m 11.7% +140 bps NZ 260 bps EBIT Net profit after tax $74.6m 30.9% $50.5m 32.9% Operating cash flow Full year dividend $75.6m $8.3m 15cps 2cps 6
Slide 7: FY18 highlights – Oboz acquisition
FY18 highlights – Oboz acquisition For personal use only Oboz growth strategy: Strategic rationale: » Advances Kathmandu’s transformation from an » Grow North America customer base in a controlled way Australasian retailer to a global outdoor apparel and » Expand into adjacent footwear categories eq
Slide 8: FY18 highlights – sustainability achievements
FY18 highlights – sustainability achievements For personal use only Australasian industry leadership in sustainability For more information: Kathmandu’s 2018 Sustainability Report 8
Slide 9: Strategy update
Strategy update For personal use only “Design original, sustainable, engineered and adaptive products” “Be customer-centric in everything we do” GROWTH STRATEGIES Continuous improvement Growth initiatives » Brand and customer » Kathmandu international » Store network optimisation » Oboz » Omni-chann
Slide 10: Transformation journey
Transformation journey For personal use only We have been on a journey of transformation: From a retailer to a brand From local to more global business From bricks & mortar to omnichannel From opening to optimising stores From traditional to digital marketing From broadcasting to engaging 10
Slide 11: Product
Product For personal use only We design original, sustainable, engineered and adaptive products Original Engineered Sustainable Adaptive 11
Slide 12: Customer
Customer For personal use only Customer-centric in everything we do » Channel agnostic strategy » Increased loyal customer base with nearly two million Summit Club members » Elevate visual merchandising and product presentation » Significant investments in in-store customer experience » Online re-pl
Slide 13: Brand
Brand For personal use only Authentic and inspirational » New Zealand heritage with deep roots » Elevate brand distinctiveness through product design and innovation » Focus on our expertise in adventure travel » Inspire our customers and engage with our Summit Club members, leveraging social media a
Slide 14: CEO's address - Trading update and outlook
CEO’s address - Trading update and outlook For personal use only KATHMANDU 15 full weeks ended 11 November 2018: » Total Kathmandu sales growth +8.4% vs pcp at constant exchange rates*1 (excluding Oboz) » Kathmandu same store sales growth +6.3% vs pcp at constant exchange rates*1 » Same store sales
Slide 15: Ordinary Business: Items to be considered
Ordinary Business: Items 1 to 6 For personal use only
Slide 16: Item 1: Financial Statements
Item 1: Financial Statements For personal use only To receive and consider the Financial Report of the Company for the year ended 31 July 2018 together with the Directors’ and Auditor’s reports. 16
Slide 17: Item 2: Election of Directors
Item 2: Election of Directors For personal use only To re-elect Directors of the Company, each election to be voted on separately: Resolution 1: “That Mr. David Kirk who retires by rotation in accordance with Article 4.4 of the Company’s Constitution and NZX Main Board Listing Rule 3.3.11 and, being
Slide 18: Item 3: Auditors' Remuneration
Item 3: Auditors’ Remuneration For personal use only To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “To record that PricewaterhouseCoopers continue in office as the Company’s auditors and to authorise the Directors to fix the remuneration of Pricewaterho
Slide 19: Item 4: Grant of performance rights to Xavier Simonet
Item 4: Grant of performance rights to Xavier Simonet For personal use only To consider and, if thought fit, pass the following resolution as an ordinary resolution of the Company: “That, for the purposes of ASX Listing Rule 10.14, and for all other purposes, approval is hereby given for the grant t
Slide 20: Item 5: Increase cap on non-executive directors' remuneration pool
Item 5: Increase cap on non-executive directors’ remuneration pool For personal use only To consider and, if thought fit, pass the following resolution as an ordinary resolution: “That, for the purposes of ASX Listing Rule 10.17 and NZX Main Board Listing Rule 3.5.1, the maximum aggregate remunerati
Slide 21: Item 6: General Business
Item 6: General Business For personal use only To consider such other business of the Company as may be properly brought before the meeting in accordance with the Company’s Constitution. 21
Slide 22: Other business
For personal use only Other business
Kathmandu Holdings — Shareholder Meeting (November 2018) on 6ix