Gale Pacific Limited · ASX:GAP
Gale Pacific — FY2022 Earnings Presentation
21 slides from Gale Pacific's earnings presentation, Aug 23, 2022
Slide 1: FY22 Results
GIALLIE) FY22 RESULTS 23 AUGUST 2022
Slide 2: Agenda
AGENDA 2 | G A L E PA C I F I C G A L E AT A G L A N C E | ■ A global company F Y 2 2 R E S U LT S ■ GALE’s brands R E S U LT S O V E R V I E W ■ 2H FY22 results ■ FY FY22 results REGIONAL OVERVIEW ■ Americas ■ Australia & New Zealand ■ MENA & Eurasia C O M PA N Y S T R AT E G Y OUTLOOK
Slide 3: A Global Company
A GLOBAL 3 Orlando, USA Dubai, UAE Ningbo, China | C O M PA N Y Americas head office & manufacturing MENA sales office & warehouse Manufacturing & warehouse G A L E PA C I F I C Los Angeles, USA Eurasia Warehouse & manufacturing Sales office | F Y 2 2 R E S U LT S A fast-growing, world‑class global
Slide 4: Global Brands
G A L E PA C I F I C G L O B A L B R A N D S 4 | G A L E PA C I F I C | F Y 2 2 R E S U LT S COOLAROO GALE Coolaroo is our market COMMERCIAL leading, globally The GALE Pacific Commercial recognised brand for brand is recognised around consumer shade and pet the world for market leading products. com
Slide 5: Results Overview
R E S U LT S OVERVIEW 5 F Y 2 2 R E S U LT S | G A L E PA C I F I C |
Slide 6: Results for 2H22
R E S U LT S F O R 2 H 2 2 6 | G A L E PA C I F I C | $109.6m $16.6m $11.4m F Y 2 2 R E S U LT S REVENUE EBITDA EBIT PCP: $99.2m PCP: $13.5m PCP: $8.5m $10.3m $7.8m 2.84c PROFIT BEFORE NET PROFIT EARNINGS TA X A F T E R TA X PER SHARE PCP: $8.5m PCP: $6.3m PCP: 2.30c
Slide 7: Results for 2H22
R E S U LT S F O R 2 H 2 2 7 | G A L E PA C I F I C | Net cash from operating F Y 2 2 R E S U LT S activities increase driven by customer receipts from strong business performance and profitability in Australia in H1 FY22 and the United States in $13.5m $5.5m 2H FY22. Net debt decrease due to strong
Slide 8: Results for 2H22
R E S U LT S F O R 2 H 2 2 8 | G A L E PA C I F I C | Strong finish to the R E S U LT S F O R F Y 2 2 R E S U LT S 2H FY22 2H FY21 Change 2H FY20 Change H2 FY22 A$ million A$ million % A$ million % 2022 financial year with Revenue 109.6 99.2 11 94.0 17 double-digit growth in EBITDA 16.6 13.5 23 15.3
Slide 9: Results for FY22
R E S U LT S F O R F Y 2 2 9 | G A L E PA C I F I C | $205.5m $22.9m $11.0m $7.6m F Y 2 2 R E S U LT S REVENUE EBITDA NET PROFIT NET PROFIT PCP: $205.2m PCP: $28.2m B E F O R E TA X A F T E R TA X P C P : $ 1 7. 2 m PCP: $12.3m 2.76c 1.0c 2.0c# EARNINGS FINAL DIVIDEND T O TA L D I V I D E N D PER SH
Slide 10: Results for FY22
R E S U LT S F O R F Y 2 2 10 | G A L E PA C I F I C | Net cash from operating activities F Y 2 2 R E S U LT S for FY22 down from prior year due to higher inventory investment and input cost inflation. Net debt year-on-year increase due to higher working capital needs. $7.2m NET CASH FROM $5.5mNET D
Slide 11: Results for FY22
R E S U LT S F O R F Y 2 2 11 | G A L E PA C I F I C | FY22 FY21 Change FY20 Change Full year revenue flat R E S U LT S F O R F Y 2 2 F Y 2 2 R E S U LT S A$ million A$ million % A$ million % to prior year but up 31% Revenue 205.5 205.2 0 156.3 31 to FY20. EBITDA 22.9 28.2 (19) 18.7 22 EBIT 13.0 19.
Slide 12: Regional Overview
REGIONAL OVERVIEW 12 F Y 2 2 R E S U LT S | G A L E PA C I F I C |
Slide 13: Americas
AMERICAS 13 | G A L E PA C I F I C Second-half revenue of $62.7 million was | a record for GALE in the Americas region F Y 2 2 R E S U LT S for the third consecutive year. Second- half EBITDA of $13.3 million was also a new record for GALE in the region. GALE delivered a record second half on the ba
Slide 14: Australia & New Zealand
AU ST R A L I A & 14 | NEW ZEALAND G A L E PA C I F I C | F Y 2 2 R E S U LT S GALE delivered a robust second-half result despite a challenging first half resulting from cooler, wetter weather across eastern Australia and supply chain challenges that constrained production capacity for the Company’s
Slide 15: Middle East / North Africa and Eurasia
MIDDLE EAST / NORTH AFRICA AND EURASIA 15 | G A L E PA C I F I C MENA | 2H FY22 2H FY21 Change 2H FY20 Change F Y 2 2 R E S U LT S Improving business conditions, increased R E S U LT S F O R H 2 F Y 2 2 A$ million A$ million % A$ million % infrastructure project investment, new Revenue 5.1 4.2 22 4.
Slide 16: Company Strategy
C O M PA N Y S T R AT E G Y 16 F Y 2 2 R E S U LT S | G A L E PA C I F I C |
Slide 17: Our Core Strategy
O U R C O R E S T R AT E G Y 17 | G A L E PA C I F I C TO BUILD GALE PACIFIC INTO A FASTER | F Y 2 2 R E S U LT S GROWING, WORLD‑CLASS, GLOBAL FABRICS TECHNOLOGY BUSINESS. PRODUCT C AT E G O R Y I N N O V AT I O N GROWTH IMPROVED NEW O P E R AT I O N S MARKETS
Slide 18: Growth Acceleration Plan
G R O W T H A C C E L E R AT I O N P L A N 18 | G A L E PA C I F I C ■ DEVELOP AND LAUNCH breakthrough innovation in our core categories GROW OUR ■ ACCELERATE new & near neighbour category entry VA LU E S C AT E G O R I E S ■ ACCELERATE penetration via leadership brand activation and communication |
Slide 19: Strengths
G A L E PA C I F I C S T R E N G T H S 19 | G A L E PA C I F I C | F Y 2 2 R E S U LT S C AT E G O R Y & H I G H Q U A L I T Y, CUSTOMER CONSUMER & MARKET LEADING I N N O V AT I V E PA R T N E R S H I P S COMMERCIAL BRANDS PRODUCTS D I V E R S I F I C AT I O N TECHNICAL V E R T I C A L LY GLOBAL O N
Slide 20: Outlook
OUTLOOK 20 | G A L E PA C I F I C We anticipate and are planning for | revenue and profit growth in FY23, F Y 2 2 R E S U LT S driven mainly by further growth in the Americas region in the second half of the year. ■ Evidence of some level of cost stabilisation and normalisation across input cost cat
Slide 21: Thank You
21 | G A L E PA C I F I C | F Y 2 2 R E S U LT S T H A N K YO U 145 Woodlands Drive Braeside, Victoria 3195, Australia Phone +613 9518 3333 www.galepacific.com Disclaimer: Statements contained in this presentation, particularly those regarding possible or assumed future performance, estimated compan