Ainsworth Game Technology Limited · ASX:AGI
Ainsworth Game Technology — Shareholder Meeting (November 2005)
24 slides from Ainsworth Game Technology's shareholder meeting presentation, Nov 16, 2005
Slide 1: AGM - Addresses and Presentation: Executive Chairman's Address
Ainsworth Game Technology ASX Release 16 NOVEMBER 2005 AGM - ADDRESSES AND PRESENTATION EXECUTIVE CHAIRMAN’S ADDRESS: MR LH AINSWORTH LADIES AND GENTLEMEN, AS DETAILED IN THE COMPANY'S RECENTLY RELEASED ANNUAL REPORT FOR THE FINANCIAL YEAR ENDING 30 JUNE 2005, AGT RECORDED A LOSS OF $10.6 MILLION. T
Slide 2: Executive Chairman's Address (continued)
Ainsworth Game Technology THIS TYPE OF INVESTMENT HAS SEEN SALES REVENUE INCREASE BY 29% OVER THE PREVIOUS YEAR AND WE ATTRIBUTE THIS IN MOST PART TO OUR INCREASED INVESTMENT. INTERNATIONAL SALES FOR 2005 REPRESENTED 71% OF OUR TOTAL SALES COMPARED TO 64% IN 2004 AND WE ARE VIGOURSLY PURSUING OPPORT
Slide 3: Executive Chairman's Address (continued)
Ainsworth Game Technology IN NEW SOUTH WALES AINSWORTH MACHINES NOW ACCOUNT FOR 7% OF THE AVAILABLE REPLACEMENT MACHINE MARKET SALES. THE COMPANY HAS EQUIPMENT IN ALL OF THE 11 CASINOS ACROSS AUSTRALIA. CASINO SALES ARE EXPECTED TO ACHIEVE SIGNIFICANT GROWTH IN 2006 AS WE GAIN APPROVALS FOR NEW PROD
Slide 4: Chief Executive Officer's Address
Ainsworth Game Technology THE REMAINING FUNDS WILL BE USED TO FINANCE BUSINESS GROWTH AND FUND INCREASED WORKING CAPITAL. | THANK SHAREHOLDERS FOR THEIR CONTINUED SUPPORT AND CONFIDENCE IN OUR STRATEGY. | NOW CALL UPON DAVID CREARY, OUR CHIEF EXECUTIVE OFFICER, TO REPORT ON PROGRESS THIS YEAR AND OU
Slide 5: Chief Executive Officer's Address (continued)
Ainsworth Game Technology ° PRUDENT FOCUS ON MANAGEMENT OF WORKING CAPITAL; AND ° ACHIEVEMENT OF SIGNIFICANT REDUCTION IN COSTS OF PRODUCTION AND OVERHEADS. AS WE MOVE TOWARDS THE END OF THE 2%° HALF OF THIS FINANCIAL YEAR, WE ARE CONFIDENT THAT THESE OBJECTIVES WILL BE MET. SHAREHOLDERS WILL HAVE N
Slide 6: Chief Executive Officer's Address (continued)
Ainsworth Game Technology THE NEXT MAJOR EXHIBITION WILL BE HELD IN RUSSIA IN DECEMBER WHICH WILL PRESENT OUR MACHINES AND ANCILLARY PRODUCTS, THIS MAJOR EASTERN EUROPEAN TRADE SHOW IS CLOSELY FOLLOWED BY THE ICE EXHIBITION IN LONDON IN JANUARY 2006. GROWTH OF OUR INTERNATIONAL BUSINESS CANNOT BE AC
Slide 7: Chief Executive Officer's Address (conclusion)
Ainsworth Game Technology | BELIEVE THAT THE COMPANY IS MOVING FORWARD IN THE RIGHT DIRECTION. WITH THE GUIDANCE AND SUPPORT OF THE BOARD AND THE ASSISTANCE OF MY MANAGEMENT TEAM | AM CONFIDENT OF REPORTING AT NEXT YEARS AGM, OF THE TURN AROUND IN RESULTS FOR THE 2006 FINANCIAL YEAR. THANK YOU LADIE
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Slide 16: 2006 Preview
Slide 17: 2006 Preview: Our focus is on achieving
Slide 18: 2006 Preview: Our focus is on achieving (continued)
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Slide 22: As elected to you
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Slide 23: Loan Arrangements
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