Duxton Farms Limited · ASX:DBF
Duxton Farms — Duxton Broadacre Farms — FY2021 Earnings Presentation
9 slides from Duxton Farms's earnings presentation, Sep 22, 2021
Slide 1: Duxton Broadacre Farms FY2021 Presentation
For personal use only DUXTONBROADACREFARMS FY2021PRESENTATION
Slide 2: Disclaimer
Disclaimer For personal use only This presentation was prepared by Duxton Capital (Australia) Pty Ltd [ACN: 164 225 647; AFSL no. 450218] (“DC Australia”) as Investment Manager on behalf of Duxton Broadacre Farms Limited [ACN 129 249 243] (“Duxton Broadacre Farms” or “DBF”). The content of this pres
Slide 3: Agenda
Agenda For personal use only Duxton Broadacre Farms Overview Full Year Financial Results Operational Strategy Company Outlook Questions DUXTON BROADACRE FARMS INVESTOR PRESENTATION PAGE 3
Slide 4: Portfolio
Duxton Broadacre Farms Portfolio For personal use only DBF operates a large portfolio of high-quality, efficient Australian agricultural assets. • Duxton Broadacre Farms listed in February 2018 as Australia’s first and only broadacre farming Company. • The DBF portfolio comprises of eight properties
Slide 5: Full Year Results
Full Year Results Operational Results and Forbes Annual Rainfall For personal use only • The 2020/21 season saw New South Wales exit the worst 20 800 drought in its recorded history, allowing the aggregation to 700 explore its full potential for the first time since listing. 15 600 • The 2020/21 sea
Slide 6: Net Asset Value Performance
Net Asset Value Performance Growth of Gross Asset Value and Fair Value NAVPS For personal use only • FY2021 represents the fourth consecutive year in the growth 125 2.25 of the Company’s assets. Gross Asset Value (milllions) • DBF has benefitted from rapid appreciation in the price of Fair Value NAV
Slide 7: Operational Strategy
Operational Strategy For personal use only • The operational strategy in the 2020/21 season was focused 45,000 4.5 on optimising the cropping mix in order to capitalise on 40,000 4.0 excellent climatic conditions. 35,000 3.5 • DBF increased area planted to wheat by 81% while planting Production (ton
Slide 8: Company Outlook
Company Outlook For personal use only • With nearly 23,000 hectares under management, an expanded livestock and cropping programme, full soil moisture, high commodity prices, and a strengthened balance sheet following the Boorala sale, the near-term outlook for the Company is very positive. • The Co
Slide 9: Agenda
Agenda For personal use only Duxton Broadacre Farms Overview Full Year Financial Results Operational Strategy Company Outlook Questions DUXTON BROADACRE FARMS INVESTOR PRESENTATION PAGE 9
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