Sdi Limited · ASX:SDI
Sdi — Shareholder Meeting (November 2019)
11 slides from Sdi's shareholder meeting presentation, Nov 15, 2019
Slide 1: FY19 AGM
FY19 AGM November 15, 2019 Sage Hotel, Ringwood 1
Slide 2: Chairman's Address
CHAIRMAN’S ADDRESS 2
Slide 3: CEO's Address
CEO’s ADDRESS Thank you very much Jeff. I would also like to thank all attendees for joining us here at our Annual General Meeting for 2019. As part of my presentation I will run through SDI’s financial performance for the year, update you on the momentum we have generated as we navigate through the
Slide 4: Financial Performance
FINANCIAL PERFORMANCE Let’s start with a look at the year just completed. 4
Slide 5: FY19 Highlights
FY19 HIGHLIGHTS • Total sales up • Aesthetic sales (42.7% 6.8% to $79.6m of sales) up 11.6% in local currency • Gross margins up 2.3% to • Strong cash generation 62.6%, due to and no net debt the favourable product mix and • Total fully franked currency dividends for FY19, including a special • EBIT
Slide 6: Strong Free Cashflow and No Debt
STRONG FREE CASHFLOW AND NO DEBT • Strong financial • Free cash to invest in position enables the business, new continued to machinery and product grow in the development. business 6 The company continues to be in a strong financial position, giving us the flexibility to explore a range of opportuni
Slide 7: Research, Innovation, Results
RESEARCH, INNOVATION, RESULTS • Continue to invest in • 80% of Intangibles Research and are Aesthetics Development with products, including $2.6m spent in Glass Ionomers and FY19 Composites • Aesthetics and whitening products now represent 70% of all sales 7 Research and Development is a key strateg
Slide 8: Aesthetics Growth Ahead of Market
AESTHETICS GROWTH AHEAD OF MARKET • Aesthetics sales • Amalgam sales, Product Category Sales Growth in Local Currency Growth in AUD % of Total AUD Sales performed strongly, declined 10.1% in Aesthetics 11.6% 16.3% 42.7% up 11.6% in local local currency, Whitening 3.2% 7.6% 26.9% currency continuing
Slide 9: Strategy & Outlook
STRATEGY & OUTLOOK Strategic priorities/progress: FY20 Plans: Rationalise product portfolio • Complete rationalisation of product portfolio • Plans to reduce the number of SKUs by 30% on track • Brazil manufacturing started September 2019 Focus on key product categories – whitening, glass ionomers
Slide 10: Questions
QUESTIONS 10
Slide 11: Disclaimer
DISCLAIMER THIS PRESENTATION CONTAINS SUMMARY INFORMATION ABOUT SDI LIMITED (SDI) AND ITS SUBSIDIARIES AND THEIR ACTIVITIES. THE INFORMATION IN THIS PRESENTATION DOES NOT PURPORT TO BE COMPLETE. IT SHOULD BE READ IN CONJUNCTION WITH SDI’S OTHER PERIODIC AND CONTINUOUS DISCLOSURE ANNOUNCEMENTS LODGED