Scott Technology Limited · NZX:SCT
Scott Technology — Shareholder Meeting (November 2023)
32 slides from Scott Technology's shareholder meeting presentation, Nov 22, 2023
Slide 1: Annual Shareholder Meeting
ANNUAL SHAREHOLDER MEETING SCOTT TECHNOLOGY LIMITED 22 November 2023 1
Slide 2: Slide 2
Slide 3: Chairman Presentation
CHAIRMAN PRESENTATION Stuart McLauchlan Chairman and Independent Director 3
Slide 4: Contents
Contents PRESENTED BY Chairman Presentation 3 Scott 2025 Strategy update Progression of strategy by focusing on 7 key areas of strength for the business FY23 performance Strong performance across the business at 13 revenue, margin and EBITDA Stuart McLauchlan John Kippenberger Cameron Mathewson Case
Slide 5: Chairmans Address & Outlook
Chairmans Address & Outlook Demand for our products and services continues to demonstrate resilience to economic conditions. Our teams continue to 1 focus on various strategies to mitigate the inflationary environment and preserve margins as we continue to experience increases to labour, material co
Slide 6: Scott 2025 Strategy
SCOTT 2025 STRATEGY John Kippenberger Chief Executive Officer
Slide 7: Scott 2025 Strategy delivers record year in FY23
Scott 2025 Strategy delivers record year in FY23 Engineering Scott to high performance
Slide 8: FY23 performance snapshot
FY23 performance snapshot REVENUE CORE MARGIN % GROUP MARGIN % $268M 30% 27% FY22 $222M +21% FY22 29% FY22 24% FY21 $206M +8% FY21 30% FY21 24% EBITDA FORWARD WORK* SALES SERVICES $30M $179M $16M FY22 $24M +27% FY22 $172M +4% FY22 $19M -16% FY21 $21M +14% FY21 $119M +44% FY21 $9M +115% • Forward Wor
Slide 9: Safety & wellbeing culture continues to mature
Safety & wellbeing culture continues to mature FY22 FY23 0 Fatality 0 9 LTI 5 5 MTI 0 30 First Aid 38 Strong engagement delivers positive improvements proving mature safety culture Injuries • Positive engagement with BeScott Safety App, with 1035 hazards reported 56 EP&D 28 in FY23 compared to 872 h
Slide 10: Continued leadership across core sectors
Continued leadership across core sectors FY23 PROTEIN MHL MINERALS REST OF BUSINESS Revenue mix % 29% 35% 15% 21% Revenue growth 33% 35% 4% 2% % (vs pcp) Margin % 33% 23% 40% 14% Customers
Slide 11: FY23 Performance
FY23 PERFORMANCE Cameron Mathewson Chief Financial Officer
Slide 12: FY23 results summary
FY23 results summary Results Snapshot (NZ$m) FY23 FY22 FY21 Revenue 267.5 221.8 206.0 Operating EBITDA 30.4 23.9 21.0 Non-trading adjustments* (0.7) - - EBITDA 29.7 23.9 21.0 Net Profit After Tax (NPAT)** 15.4 12.7 8.4 Net Cash / (Debt) (0.1) (8.0) 1.3 Net Cash / (Overdraft) 12.4 3.9 12.2 Bank Loans
Slide 13: Strategy delivering accelerated growth across core business & geographies
Strategy delivering accelerated growth across core business & geographies REVENUE BY SECTOR Scott have intensified focus on converting innovation into market- Core business ready products that deliver tangible value to our customers. Meat Revenue 29% MHL • Our Strategy of supplying repeatable produc
Slide 14: Core sectors driving strong growth
Core sectors driving strong growth Revenue (NZ$m) Margin (NZ$m) Scott’s strategy of more revenue Group Core Group Core from proven systems, product and service delivers another CAGR (%) period of growth 268 222 • Core Sectors contributed the 211 71.5 206 63.7 167 majority of growth during the 143 49
Slide 15: Core Sector Performance & Outlook
CORE SECTOR PERFORMANCE & OUTLOOK 15
Slide 16: Protein: Strong demand continues for high margin products and solutions
Protein: Strong demand continues for high margin products and solutions Strong period for BladeStop and meat products Revenue (NZ$m) • Continued demand for Scott meat solutions as customers address labour and skills shortages and rising health and safety 76.0 57.1 Total requirements. 25.3 47.0 Servi
Slide 17: Materials Handling: Impressive growth from key markets Europe and US
Materials Handling: Impressive growth from key markets Europe and US Promising momentum in global markets Revenue (NZ$m) • MHL continues to grow strongly in Europe. 94.4 • With the recent leadership amalgamation, established 67.8 70.0 Total 26.5 palletisation solutions are being presented to the US
Slide 18: Materials Handling: Europe MHL technology to debut in US
Materials Handling: Europe MHL technology to debut in US JBS Brooks McCain Coaldale System to process cartons of protein from three production lines, System to process cartons of French fries from four production lines including storage in ASRS system until a full pallet is ready. Cartons and transp
Slide 19: Minerals: Reliable Rocklabs products deliver improved margin
Minerals: Reliable Rocklabs products deliver improved margin Strong global demand outlook for old and new Revenue (NZ$m) minerals from mining manufacturers and 41.2 distributors 39.6 Total 28.4 • Positive launch of ‘modular’ Rocklabs solutions for 12.0 15.1 Service mining and laboratory customers, a
Slide 20: Minerals: Automated Modular Solution
Minerals: Automated Modular Solution The AMS is a linear automated sample preparation Typical lab configuration system that links machine modules to control and automate crushing, pulverising, and dispensing. Standard Equipment Semi-Automated Automation with AMS • The solution offers several improve
Slide 21: Minerals: New Premises
Minerals: New Premises
Slide 22: Sustainability People & Planet
SUSTAINABILITY PEOPLE & PLANET Casey Jenkins Group GM of People, Marketing & Minerals 22
Slide 23: Leading a sustainable future
Leading a sustainable future
Slide 24: Positive engagement and momentum in ESG
Positive engagement and momentum in ESG 100% GHG emissions Expanded employee Engagement initiatives Pathways support talent footprint measured benefits programme. bring positive results development and verified. Featuring increased to our eNPS score. 33 young people globally in Progress was made i
Slide 25: Carbon emissions-management journey
Carbon emissions-management journey FY22 GLOBAL GHG EMISSIONS FOOTPRINT Understanding the scale of our carbon footprint and the ANZ Unites States impact of our actions, allows us to identify opportunities 1,495 tCO2e 192 tCO2e for reduction and improvement. • 100% of our global GHG Emissions footpri
Slide 26: CEO Close
CEO CLOSE John Kippenberger Chief Executive Officer
Slide 27: Key Points Summary
Key Points Summary Scott continues to experience ongoing demand for automation as our customers invest to drive productivity, safety, and 1 to overcome ongoing global labour shortages. Success from the Scott 2025 strategy to focus on core areas of proven expertise and sell into large addressable ma
Slide 28: Voting & Resolutions
A SCOTT Y BSG © 25 LL, —J 5 oO > i) am
Slide 29: Voting and asking questions
Voting and asking questions Voting Card Question Box 29
Slide 30: Resolutions
Resolutions Resolution 1: Re-Election of Director – Stuart McLauchlan That Stuart McLauchlan, who retires as a Director and, being eligible, offers himself for re-election by shareholders, be re-elected as a Director. Resolution 2: Re-Election of Director – John Kippenberger That John Kippenberger,
Slide 31: General Business
GENERAL BUSINESS A SCOTT
Slide 32: Thank You
THANK YOU y/ SCOTT
Scott Technology — Shareholder Meeting (November 2023) on 6ix