Green Cross Health Ltd · NZX:GXH
Green Cross Health — H1 2022 Earnings Presentation
20 slides from Green Cross Health's earnings presentation, Nov 26, 2021
Slide 1: Half Year Results Presentation
Half Year Results Presentation 26 November 2021
Slide 2: GXH Half Year Result - Financial Overview
GXH Half Year Result - Financial Overview Revenue Pharmacy Operating Profit $309.9m +12% $13.3m +9% Operating Profit /EBIT Medical Operating Profit $20.5m +14% $5.7m +13% Net Profit After Tax Community Health $9.7m +9% Operating Profit (attributable to shareholders) $2.5m +38% GXH Half Year Results
Slide 3: Our Purpose
Our Purpose Working together to support healthier communities. We are passionately committed to the health and wellness of New Zealand, and to providing the best support, care and advice to our communities. This is our promise. GXH Half Year Results Presentation 26 November 2021 Pg 3
Slide 4: Who We Are
Who We Are The above information is presented as at 1 October 2021 GXH Half Year Results Presentation 26 November 2021 Pg 4
Slide 5: Our Role in the COVID-19 Pandemic
Our Role in the COVID-19 Pandemic • All three divisions continued to provide essential primary healthcare services throughout the period • Staff across all three divisions contributed to the COVID-19 pandemic response • 45 Medical centres providing COVID-19 swabbing services • 28 Medical centres pro
Slide 6: Pharmacy Division
Pharmacy Division New Zealand’s largest network of health retailers: supporting easy access to quality health care
Slide 7: Pharmacy Performance
Pharmacy Performance Pharmacy Operating Revenue ($m) Comments: 170 162 170 • Revenue up 11% to $170m 154 – Strong dispensary performance due to high value dispensing – Strong revenue from COVID-19 vaccination services – Retail sales constant with the prior period. 1H19 1H20 1H21 1H22 Auckland in loc
Slide 8: Pharmacy Future Focus
Pharmacy Future Focus Customer Retail Network Financial Focus Disciplines Scale Returns • Strengthen digital • Evolve retail • Optimise equity • Adapt to capability around offering to store network changing market 1.8m Living changing consumer • Leverage national conditions Rewards database behaviou
Slide 9: Medical Division
Medical Division Growth, leadership and sustainable models of care
Slide 10: Medical Performance
Medical Performance Medical Operating Revenue ($m) Comments: 46 41 • Revenue up 12% to $46m, with organic patient 34 38 growth and acquisitions • Operating Profit up 13% to $5.7m, reflecting growth in patients and improved operational efficiency • 288,000 enrolled patients as at 30 September 2021 (+
Slide 11: Medical Future Focus
Medical Future Focus Patient Sector Network Financial Engagement Representation Scale Returns • Improve utilisation • Contribute to • Continue to build • Continuous via systematic design of NZ health The Doctors brand improvement in triaging of patients system reforms • Network and patient operation
Slide 12: Community Health Division
Community Health Division Delivering sustainable services to maintain and support clients’ independence within their own home
Slide 13: Community Health Performance
Community Health Performance Community Health Operating Revenue ($m) Comments: 94 82 • Revenue up 14% to $94m 78 75 • Operating Profit up 38% to $2.5m • Continued focus on supporting clients with higher clinical needs, ongoing service improvement along with cost control measures • Continued advocacy
Slide 14: Community Health Future Focus
Community Health Future Focus Service Technology Sector Financial Offering Representation Returns • Focus on higher • Harness digital • Contribute to • Continue cost clinical needs technology to design of NZ health reduction segments enhance system reforms initiatives • Expand geographic workforce •
Slide 15: Group Financial Result
Group Financial Result 6 months ending 30 September 2021 GXH Half Year Results Presentation 26 November 2021 Pg 15
Slide 16: Half Year Result - Group Revenue and Profit
Half Year Result - Group Revenue and Profit GXH Operating Revenue ($m) Comments: 310 • Revenue of $310m, up 12% 282 275 277 • Operating Profit of $20.5m, up 14% • The performance for the six months to 30 September 2021 reflects an increase in activity across all three divisions • The Company perform
Slide 17: Net Profit After Tax (attributable to shareholders)
Net Profit After Tax (attributable to shareholders) GXH Net Profit after Tax Attributable to Comments: Shareholders ($m) • NPAT attributable to shareholders of $9.7m, up 9% • Positive first half performance, reflecting both increased activity across all divisions and continued acquisition activity 9
Slide 18: Operating Cash / Investments
Operating Cash / Investments GXH Operating Cash Flow ($m) Comments: 39.1 • Operating Cash of $17.8m has enabled investment of $7.2m in Pharmacy / Medical centres: • Unichem Adamsons (Whakatane) • Unichem Kope (Whakatane) • Muritai Health Centre (Wellington) • PillDrop – digital pharmacy offering 22.
Slide 19: Earnings Per Share / Dividend
Earnings Per Share / Dividend GXH Net Profit after Tax Attributable to Comment: Shareholders (cps) • EPS at 6.75 cps, an increase of 9% on the prior period 6.75 • The Board has declared an interim dividend of 6.18 3.0cps for the half-year ending 30 September 5.69 2021 4.89 • Dividend reflects strong
Slide 20: Disclaimer
Disclaimer The information in this presentation was prepared by Green Cross Health Limited (GXH) with due care and attention. However, the information is supplied in summary form and is therefore not necessarily complete, and no representation is made as to the accuracy, completeness or reliability