Premier Investments Limited · ASX:PMV
Premier Investments — Shareholder Meeting (December 2024)
23 slides from Premier Investments's shareholder meeting presentation, Dec 13, 2024
Slide 1: Annual General Meeting – Presentations
ASX RELEASE 13 December 2024 ASX Market Announcements Office Australian Securities Exchange ANNUAL GENERAL MEETING – PRESENTATIONS Please refer to the attached Chairman’s address to be delivered to shareholders at today’s Annual General Meeting, together with the AGM presentation. This announcement
Slide 2: Chairman's Address
13 December 2024 CHAIRMAN’S ADDRESS On behalf of the Premier Investments Limited (“Premier” or “the Group”) Board, I would like to warmly welcome you to our Annual General Meeting for the 2024 financial year (“FY24”). It is both my pleasure and privilege to address Premier shareholders, the owners o
Slide 3: Chairman's Address: Peter Alexander, Smiggle, Apparel Brands
During October 2024, Peter Alexander opened its new expanded flagship Chadstone store with a new, innovative store concept design. In addition, we are very pleased to announce that Peter Alexander opened its first three retail stores, and dedicated website in the United Kingdom in November 2024, ahe
Slide 4: Chairman's Address: FY25 trading and outlook
As I said earlier, FY24 was a challenging year for all retailers. The start to FY25 has remained challenging, with customers continuing to experience cost of living pressures across all global markets. We have previously highlighted the structural shift in retail shopping patterns as consumers conti
Slide 5: Myer transaction and leadership acknowledgements
the transaction and proposed shareholder resolutions. The Premier Board 2 will be recommending that shareholders vote in favour of the resolutions. Peter Alexander and Smiggle will remain under the ownership of Premier, where a dedicated focus on the significant local and international growth opport
Slide 6: Annual General Meeting - 13 December 2024
ANNUAL GENERAL MEETING - 13 DECEMBER 2024
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Slide 8: Agenda
1. Chairman’s address AGENDA 2. Resolutions
Slide 9: Chairman's Address
1. Chairman’s Address
Slide 10: FY24 Financial highlights
FY24 Financial highlights Premier Group Statutory Premier Retail Global Sales NPAT $1,595.3 million $257.9 million - 2.9% on LY + 25.5% on ‘pre-COVID’ FY19 - 4.85% on LY Online Sales contribution: 19.8% Retail store network: +94.8% on ‘pre-COVID’ FY19 > 1,100 stores Premier Retail EBIT (pre-AASB 16)
Slide 11: FY24 Financial highlights – Premier Retail: Peter Alexander
FY24 Financial highlights – Premier Retail PETER ALEXANDER RECORD FY24 SALES $508.6 million Sales $'M 508.6 500 478.9 428.5 400 384.6 300 288.2 247.8 200 100 0 FY19 FY20 FY21 FY22 FY23 FY24
Slide 12: Peter Alexander – Growth Opportunities
Peter Alexander – Growth Opportunities 1H25 Launch into the United Kingdom First 3 stores opened in prime London shopping centres Dedicated UK website Opportunities for up to 10 new stores in the short-term
Slide 13: FY24 Financial highlights – Premier Retail: Smiggle
FY24 Financial highlights – Premier Retail SMIGGLE Global “Aspiring to be a world leader in children’s Sales stationery and lifestyle products, reaching more customers through global expansion $296.0 million across multiple channel formats”
Slide 14: Smiggle – Growth Opportunities
Smiggle – Growth Opportunities Stores at July 2024 Australia / New Zealand 152 Asia 38 Asia Concession 5 Europe 111 Europe Concession 3 Successful partnerships with best-in-class retailers in key markets, including Middle East and Indonesia Wholesale strategy allows ability to include freestanding s
Slide 15: FY24 Financial highlights – Premier Retail: Apparel Brands
FY24 Financial highlights – Premier Retail Apparel Brand Sales $790.7 million +10.3% on ‘Pre-COVID’19 - 6.4% on LY
Slide 16: Balance sheet and shareholder returns
Balance sheet and shareholder returns Cash on Hand at Market value of 25.5% Full year ordinary and special dividends end FY24 Breville Investment at (cents per share, fully franked) end FY23 $409.5 $981.5 million 140 million Accounting value of investment at 27 July 2024 - $347.2 million 120 16 25 1
Slide 17: Portmans
portmans
Slide 18: Combination of Apparel Brands with Myer
Combination of Apparel Brands with Myer Creating a powerful Leverage Apparel Focus on Peter Premier shareholders combination – a Brands’ advanced Alexander and to participate directly leading retail fashion design, Smiggle with unique in Myer value creation platform across sourcing and local and int
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Slide 20: Resolutions
tad PREMIER INVESTMENTS AEN, 006 727 966 2. Resolutions
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Slide 22: Thank you for attending
Thank you for attending
Slide 23: Appendix: Overview of Premier's non-IFRS financial information
Appendix Overview of Premier’s non–IFRS financial information • IFRS financial information is financial information that is presented in accordance with all relevant accounting standards. • Non-IFRS financial information is financial information that is presented other than in accordance with all re
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