Slide 1: Intention to demerge Amcor Australasia & Packaging Distribution (AAPD)
For personal use only Intention to demerge Amcor Australasia & Packaging Distribution (AAPD) Investor presentation 1 August 2013
Slide 2: Disclaimer
Disclaimer For personal use only DISCLAIMER This presentation has been prepared by Amcor Limited in connection with the proposed demerger of its Australasian and Packagi ng Distribution businesses (Demerger). It should be read in conjunction with the announcement of the Demerger that was released by
Slide 3: Announcement highlights
Announcement highlights For personal use only • Demerger of Amcor Australasia and Packaging Distribution (AAPD) • Australasia • Packaging Distribution • A renamed AAPD will become a listed company on the ASX • Amcor will remain listed on the ASX • Key appointments • Nigel Garrard, the current Presid
Slide 4: Rationale
Rationale For personal use only • Both companies in packaging however focused in different segments Amcor, post the Demerger AAPD • Flexible and Rigid Plastics • Fibre, metal, glass, packaging distribution • Global footprint • Regionally focused Value for all stakeholders is optimised with increased
Slide 5: New standalone company well positioned for success
New standalone company well positioned for success For personal use only • Number of initiatives have built a platform for long term success • Listed on the ASX • Strong financial profile Attractive, standalone company 5
Slide 6: Focused AAPD portfolio
Focused AAPD portfolio For personal use only 2006 AAPD segments Define and focus on core businesses 2013 AAPD segments Beverage cans Divest Metal Can Beverage cans Glass PET Glass Aerosols Aerosol Fibre (incl paper) Metal cans Packaging Distribution Metal closures PET Close Corrugated West End Metal
Slide 7: Invested to strengthen AAPD core businesses
Invested to strengthen AAPD core businesses For personal use only Organic growth Acquisitions • Third glass furnace • Cartons – Smithfield plant • NZ Can line • Stelvin wine closures (ex Alcan) World class recycled paper mill • Wayne Richardson Sales / Joe’s Cartons • >$500 million investment • Marf
Slide 8: Significant earnings benefits already announced
Significant earnings benefits already announced* For personal use only Business Benefit A$ million Timing Botany recycled paper mill Cost savings 50 FY13 – 15 Petrie Cartonboard mill Plant closure 13 FY13 – 15 Thomastown closures Plant closure 5 FY13 – 14 Substantial benefits from transforming the b
Slide 9: A market leader in Australasia
A market leader in Australasia For personal use only 9
Slide 10: Packaging Distribution
Packaging Distribution For personal use only 10
Slide 11: AAPD overview
For personal use only AAPD overview 11
Slide 12: Amcor, post demerger overview
Amcor, post demerger overview For personal use only FY12 Sales by Division Global market leader Rigid Plastics #1 Food flexibles 35% Flexible 65% #1 Healthcare flexibles FY12 Sales by Region #1 Tobacco Packaging EM* 27% Western #1 Rigid Plastic Europe containers 36% Flexibles Europe & Flexibles Asia
Slide 13: Key dates
Key dates * For personal use only AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER 1 August: Early November: Early December: Announcement of First court hearing EGM to vote on intention to demerge scheme Scheme booklet lodged with Mid-December: Australian Securities Second court Exchange hearing 19 August
Slide 14: Key management and Board of Directors
Key management and Board of Directors For personal use only Nigel Garrard, CEO • President, Amcor Australasia & Packaging Distribution since May 2010 • A qualified Chartered Accountant, with 9 years at KPMG, Mr Garrard also acted as a Corporate Adviser for 3 years before beginning an 18 year career
Slide 15: Summary
Summary For personal use only • Value optimised by increased focus • Two different businesses • AAPD well positioned for success • Amcor positioned for continued strong growth Unique value creation opportunity for all stakeholders 15
Slide 16: Intention to demerge Amcor Australasia & Packaging Distribution (AAPD)
1 August 2013 For personal use only Intention to demerge Amcor Australasia & Packaging Distribution (AAPD) Investor presentation