Breville Group Limited · ASX:BRG
Breville — FY2015 Earnings Presentation
14 slides from Breville's earnings presentation, Aug 20, 2015
Slide 1: Year Ended 30 June 2015 Investor Presentation
20 August 2015 For personal use only Manager, Company Announcements, Australian Securities Exchange Limited, Level 4, 20 Bridge Street, Sydney NSW 2000 Year Ended 30 June 2015 Investor Presentation Attached is a copy of the Breville Group Limited Investor Presentation for the Year Ended 30 June 2015
Slide 2: Year End Results FY15 Investor Presentation
Breville Group Limited For personal use only YEAR END RESULTS FY15 INVESTOR PRESENTATION August 2015
Slide 3: Group Summary Result
Group Summary Result AUDm FY15 FY14 % Chng Key points For personal use only Revenue 527.0 541.6 (2.7%) • Full year revenue decrease 2.7% (1H15: -5.6%, 2H15: +1.2%) EBITDA 77.0 77.9 (1.2%) • Full year EBIT decrease 1.2% EBIT 69.6 70.4 (1.2%) (1H15: -4.5%, 2H15: +4.8%) • North America – solid 2H perfo
Slide 4: Group
Group 1H 2H FY % % % For personal use only AUDm 1H15 1H14 Chng 2H15 2H14 Chng FY15 FY14 Chng Revenue 293.9 311.3 (5.6%) 233.1 230.3 1.2% 527.0 541.6 (2.7%) EBITDA 47.2 49.1 (4.0%) 29.8 28.8 3.5% 77.0 77.9 (1.2%) EBIT 43.6 45.6 (4.5%) 26.0 24.9 4.8% 69.6 70.4 (1.2%) EBIT % 14.8% 14.6% 11.2% 10.8% 13.
Slide 5: Financial Position at June
Financial Position at 30 June AUDm FY15 FY14 Key points For personal use only Inventory 108.3 94.3 • Working capital Receivables 87.3 78.4 ‒ Inventories: net increase $14.0m Trade and other payables (88.6) (81.8) ‒ $8.5m currency effect of translation, balance net increase all regions - wider range
Slide 6: Operating Segments
Operating Segments Australia and New Zealand (ANZ) For personal use only • Breville brand – premium kitchen segment (including Breville-Nespresso co-branded single serve coffee machines) • Kambrook brand – broader range including irons, vacuums, heating and cooling • Philips^ brand – personal and ga
Slide 7: North America
North America 1H 2H FY % % % For personal use only AUDm 1H15 1H14 Chng 2H15 2H14 Chng FY15 FY14 Chng Sale of goods 115.7 128.7 (10.1%) 86.9 69.8 24.5% 202.6 198.5 2.0% Commission income 0.3 1.3 (76.4%) 0.2 0.4 (48.5%) 0.5 1.7 (69.8%) Revenue 116.0 130.0 (10.8%) 87.1 70.2 24.1% 203.1 200.2 1.4% EBITD
Slide 8: Australia and New Zealand (ANZ)
Australia and New Zealand (ANZ) 1H 2H FY For personal use only AUDm 1H15 1H14 % Chng 2H15 2H14 % Chng FY15 FY14 % Chng Revenue 142.9 144.6 (1.2%) 102.3 117.0 (12.6%) 245.1 261.6 (6.3%) EBITDA 16.9 16.6 1.8% 2.7 9.4 (71.5%) 19.6 26.0 (24.7%) EBIT 16.3 16.1 1.4% 2.1 8.8 (76.6%) 18.3 24.9 (26.2%) EBIT
Slide 9: Rest of World
Rest of World 1H 2H FY For personal use only AUDm 1H15 1H14 % Chng 2H15 2H14 % Chng FY15 FY14 % Chng Revenue 35.1 36.6 (4.3%) 43.8 43.2 1.4% 78.8 79.8 (1.2%) EBITDA 8.9 9.6 (7.1%) 11.5 10.7 8.1% 20.4 20.2 0.9% EBIT 8.8 9.5 (7.3%) 11.5 10.7 7.9% 20.3 20.2 0.7% EBIT % 25.2% 26.1% 26.3% 24.7% 25.8% 25.
Slide 10: New Product Launches
New Product Launches the Fast Slow Pro™ For personal use only A flagship multi cooker with automated steam release, temperature and pressure based on selected foods… 9
Slide 11: New Product Launches
For personal use only New Product Launches 10
Slide 12: Upcoming New Products
Upcoming New Products the Boss To Go™ For personal use only Smoother smoothies from a smoother cup Mini-Kinetix Blade & Bowl System High Power Motor – 1,000W Stainless Steel Roller Bearings Cyclonic action for fine texture Die Cast Construction Pulse / Single Speed 1 x Smooth Edge 700ml
Slide 13: Upcoming New Products
Upcoming New Products Introducing…the Temp Select™ For personal use only 5 temperature settings for different teas & coffee Soft open lid BPA free 1.7L/ 7 cup capacity Keep warm 2400W Rapid boil 12
Slide 14: Outlook
Outlook Group has the core building blocks for achieving global success: For personal use only • Passionate and capable team • Solid, innovation-driven business model • Compelling products with a deep pipeline • Well-positioned brand across geographies • Key strategic alliances These building blocks