Slide 1: FY2018 Results Presentation
FY2018 Results Presentation 30 May 2018
Slide 2: Wingara’s strategy
Wingara’s strategy Wingara is an integrated provider of diversified Australian high quality agricultural products to both export and domestic markets aiming to provide an innovative supply chain solution through its coverage of the south eastern farmland. Wingara’s fully accredited export facilities
Slide 3: FY18 financial dashboard
FY18 financial dashboard Wingara enters its next phase of growth Revenue1 EBITDA Total volume2 FY18 $10,931,147 $1,088,848 33,000 tonnes Change 25.3% 79.7% 49.0% FY17 $8,722,738 $605,948 22,218 tonnes (9 months) Note: The current reporting period results comprise a full year of operations compared t
Slide 4: FY18 highlights
FY18 highlights Significant milestones achieved in FY18 including the acquisition of Austco and commencement of the Raywood development Highlights ✓ EBITDA of $1,088,8481 ,significant increase in production volumes ✓ Growth of hay operations, with the development of Raywood expected to significantly
Slide 5: Australian hay exports
Australian hay exports Victoria’s share of the hay export market has grown substantially • Victoria’s share of hay exports is currently around 20% of the total market (after WA and SA) Australian hay production • Victorian hay export growth has been driven by strong 1,400 Asian demand • Wingara AG i
Slide 6: Australian hay exports
Australian hay exports Rising demand for quality beef and milk among a growing Asian middle class is projected to boost the demand for quality Australian hay feed • Oaten hay is the primary fodder product that Australian producers are exporting • Exports as a share of overall hay production have inc
Slide 7: Profit and loss
Profit and loss (AUD millions) 31-Mar-18 30-Mar-17 Movement Commentary (9 months) (%) • EBITDA for the year ended 31 March 2018 was $1,088,848 (up from Revenue 10.9 8.7 25.3% $605,948 for nine months ending 31 March 2017) EBITDA 1.1 0.6 79.7% • 33,000mt produced for FY2018, exports up 19% compared t
Slide 8: Balance sheet
Balance sheet (AUD millions) 31-Mar-18 31-Mar-17 Commentary Current assets • Cash reserves as at 31 March 2018 $8,701,849, this includes net proceeds Cash and cash equivalents 8.7 6.8 of $6.3 million for private placement to fund Austco acquisition Trade and other receivables 0.4 0.5 • During the cu
Slide 9: Raywood update
Raywood update Raywood Development Site Raywood Shed Progress – May 2018 • First storage shed complete with capacity of 11,000mt − Installation of key machinery is now 80% completed − Production shed complete • Commissioning remains on target with initial production to commence in September 2018 Qua
Slide 10: Austco acquisition integration update
Austco acquisition integration update Integration update • On 16 April 2018, the Group completed the asset acquisition of Austco Polar Cold Storage (‘Austco’) for a total consideration of $18.5 million excluding transaction costs • To date Austco has experienced a smooth transition into the Group an
Slide 11: Important notice
Important notice About Wingara Ag Limited Forward-Looking Statements Wingara Ag Limited aims to be the leader in the sale of agricultural products to Certain statements made in this release are forward-looking statements and the domestic and international markets, particularly focusing on the export
Slide 12: wingaraag.com.au
Wingara AG A Limited wingaraag.com.au