Bapcor Ltd · ASX:BAP
Bapcor — Macquarie Investor Conference 2021
14 slides from Bapcor's conference presentation, May 5, 2021
Slide 1: Macquarie Investor Conference
Macquarie Investor Conference 5 May 2021
Slide 2: Bapcor Business Overview
Bapcor Business Overview Asia Pacific’s leading provider of vehicle parts, accessories, equipment, service and solutions H1 FY21 revenue contribution Australia's leading trade focused $314m $1.5 billion automotive parts distributor (34%) FY20 revenue Premium parts and accessories retailer $198m incl
Slide 3: Financial performance – proven track record of strong revenue and earnings growth
Financial performance – proven track record of strong revenue and earnings growth Revenue ($’m) NPAT ($’m) 1,462.7 94.3 89.1 1,296.6 86.5 1,236.7 1,013.6 65.8 685.6 43.6 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Notes: 1. Based on proforma results. FY17 – FY20 are all pre AASB16. The impact
Slide 4: Strategy – Continuing to grow the business
Strategy – Continuing to grow the business With our team members, safety and our customers always at the core of what we do 1 Drive expansion of network 2 Supplement market leading 3 Realise benefits and 4 Invest in our team members footprint – physical and brands with Bapcor private efficiencies of
Slide 5: Strategic roadmap
Strategic roadmap Business Fundamentals Strategic Pillars Current Strategic Priorities Drive expansion of network Grow existing network Market leader footprint – physical and online footprint Supplement market leading Optimise supply chain Resilient Industry brands with Bapcor private label products
Slide 6: Strategic Priority – Grow Existing Network Footprint
Strategic Priority – Grow Existing Network Footprint Business Segment Indicative store expansion Locations added this financial Current number of locations growth p.a. year to 31/03/2021 Bapcor Trade 10 - 12 stores 10 196 Bapcor New Zealand 3 - 5 stores 0 73 Bapcor Retail 15 to 20 stores - 5 Stores
Slide 7: Strategic Priority – Optimise Supply Chain
Strategic Priority – Optimise Supply Chain • Moving from 13 DCs in VIC to one located in Tullamarine • Retail segment successfully transitioned • Expected opex benefit of $10m in FY23 and reduction in working capital of $8m Phase I – • Strong investment in ‘state of the art’ technology Victorian DC
Slide 8: Strategic Priority – Invest in new & upgraded technology
Strategic Priority– Invest in new & upgraded technology • Infrastructure/common technology ‒ ERP rationalization ‒ Warehouse management systems ‒ Data warehouse ‒ Safety management system ‒ Time & Attendance • Customer Facing ‒ Retail point of sale ‒ Customer Relationship Management • Digital Transf
Slide 9: Strategic Priority - Expansion in Asia through acquisition of 25% of Tye Soon
Strategic priority - Expansion in Asia through acquisition of 25% of Tye Soon • Established in 1933, Tye Soon is the most prominent independent automotive parts distributor in South East & North East Asia. • Distributes one of the largest portfolios of top-tier global brands of genuine & aftermarket
Slide 10: Strategic Priority – ESG and sustainability commitment
Strategic Priority – ESG and sustainability commitment Ethical supply chain / procurement Positively impact our community Ethical sourcing, forging strong Engaging stakeholders and supplier relationships and enhanced supporting the communities in which transparency we operate 2020 Modern Slavery Rep
Slide 11: 5 Year Strategic Targets
5 Year Strategic Targets Trade focussed “parts professionals” supplying 240 35% 75 35% Trade AUS Stores AUS Own Brand NZ Stores NZ Own Brand To be updated @ Investor Day on the workshops in Australia & New Zealand Target Target Target Target 24th of June 2021 Specialist #1 or #2 Industry category sp
Slide 12: FY21 Trading Update / Outlook
FY21 Trading Update / Outlook • Through March 2021, business performance has continued at similar levels to the first six months of the year − Trade: Same store sales up c.13% − New Zealand: Same store sales up c.4% − Autobarn: Same store sales up c.35% (Company owned stores up c.45%) − Specialist W
Slide 13: Disclaimer
Disclaimer The material in this presentation has been prepared by Bapcor Limited (“Bapcor”) ABN 80 153 199 912 and is general background information about Bapcor’s activities current at the date of this presentation. The information is given in summary form and does not purport to be complete. Infor
Slide 14: Bsapcor
Bsapcor Bapcor Bapcor Bapcor Bapcor Bapcor TRADE Asia Pacific's leading provider of vehicle parts, accessories, equipment, service and solutions