Maggie Beer Holdings Ltd. · ASX:MBH
Maggie Beer — H1 2025 Earnings Presentation
12 slides from Maggie Beer's earnings presentation, Feb 26, 2025
Slide 1: H1 FY25 Investor Presentation
NAME OF SECTION ASX:MBH H1 FY25 INVESTOR PRESENTATION 27th February 2025
Slide 2: Summary Highlights
SUMMARY HIGHLIGHTS MBH exceeds pcp +5.8% top-line growth, strong focus on profitability Strong momentum in all of our businesses Total Group Gross Margin absolute dollar growth +6% pcp HGA +6%, MBP -2%, PCF +10% Double Digit growth in Hamper sales volume +10%. Fully sold out of all Christmas Hampers
Slide 3: H1 Financials
NAME OF SECTION H1 FINANCIALS 4
Slide 4: H1 FY25 Snapshot of Financial Results
H1 FY25 SNAPSHOT OF FINANCIAL RESULTS Continuing operations Top line improvement in sales and GM$, while underlying EBITDA is in line with PY Maggie Beer Holding Limited (ex PCF) H1 2025 H1 2024 CHANGE ($M) % Total sales ($M) 54.4 51.5 3.0 5.8% Gross Margin ($M) 27.7 26.2 1.5 5.8% EBITDA ($M) 3.0 3.
Slide 5: H1 Performance by Entity
H1 PERFORMANCE BY ENTITY Continuing operations, +5.8% in sales and +5.8% GM$ pcp, while PCF sales declined while improving margin Hampers & Gifts Australia Maggie Beer Products Paris Creek Farms H1 HGA FY25 FY24 Vs LY H1 MBP FY25 FY24 Vs LY H1 PCF FY25 FY24 Vs LY in $000 $ $ $ % in $000 $ $ $ % in $
Slide 6: Balance Sheet
BALANCE SHEET Key focus on inventory management down -20.6% vs PY while increasing sales over PY+5.8%. Vs Vs BALANCE SHEET EXTRACT ($M) Dec-24 Jun-24 Dec-23 Jun-24 Dec-23 Key Comments Assets Cash and cash equivalents 10.3 3.9 11.6 6.4 (1.3) Trade and other receivables 6.3 7.2 8.8 (1.0) (2.5) Net Ass
Slide 7: Cashflow
CASHFLOW Underlying cashflows improved ~$7m, due to operating improvements of +56%. Operating Activities ($M) Net Cashflow ($M) Underlying Net Cashflow ($M) 55.6% 102.6% 187.8% 8.3 6.4 9.1 5.3 3.2 3.2 H1 FY24 H1 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25 Key Comments • Operating Cashflow increase ~$3.0m,
Slide 8: H2 Group Priorities
NAME OF SECTION H2 GROUP PRIORITIES 9
Slide 9: H2 - Cost Out Program
H2 - COST OUT PROGRAM Strategic Review cost out program to deliver up to $4 million in annualised operational savings. Continuing Paris Creek Operations Farms ANNUALISED ANNUALISED • SKU RATIONALISATION Group • 3PL LOGISTIC PROVIDERS $1.5m $0.5m Gross Margin • TARGETED DISCOUNTING PROGRAM Improvemen
Slide 10: Group Priorities
GROUP PRIORITIES Key focus on pricing, labour force alignment and continued improvement in inventory management Pricing and Promotion Strategy: • Pricing Strategy: Optimise pricing to customer intent at key price points. • Promotions Strategy: Participate in key events and opportunities that signifi
Slide 11: Disclaimer
DISCLAIMER Important Notice and Disclaimer This presentation has been prepared by Maggie Beer Holdings Ltd (MBH)to provide summary information about MBH and its subsidiaries. This presentation is provided for information purposes only. The information in this presentation is in a summary form, does
Slide 12: Close
NAME OF SECTION CLOSE 13