Ansell Limited · ASX:ANN
Ansell — Investor Presentation (October 2024)
38 slides from Ansell's investor presentation, Oct 24, 2024
Slide 1: ASX Announcement: Ansell Limited Investor Presentation
ASX Announcement Ansell Limited Investor Presentation 24 October 2024 – Ansell Limited (ASX:ANN), a global leader in personal protection safety solutions, is pleased to provide the enclosed presentation which will be referred to during investor meetings held after the 2024 Annual General Meeting on
Slide 2: Ansell Investor Presentation
For personal use only ANSELL INVESTOR PRESENTATION 24 October 2024 1
Slide 3: Disclaimer and Non-IFRS Measures
Disclaimer and Non-IFRS Measures The following presentation has been prepared by Ansell Limited (Ansell or the Company) for information purposes only. The information contained in this presentation is a summary only and does not purport to be complete. It should be read in conjunction with Ansell’s
Slide 4: Contents
Contents For personal use only 1. About Ansell 2. Segment Overview 3. Why Invest In Ansell? 3
Slide 5: 1. About Ansell
For personal use only 1. About Ansell 4
Slide 6: About Ansell
About Ansell Ansell is a diversified global leader in hand and body protection solutions and an integrated innovator, manufacturer and marketer of PPE worn by millions of workers and healthcare professionals every day. For personal use only Our innovative products and services go beyond protection t
Slide 7: Our History
Our History For over 130 years, Ansell has delivered advanced protection solutions to people at work and at home, keeping them out of harm’s way. Acquisition of For personal use only Kimberly-Clark’s Generates Personal Eric Norman Acquisition of Acquisition of record breaking Protective Ansell acqui
Slide 8: Business Profile
Business Profile FY24 Financials Segments Industrial3 Healthcare Pro Forma Sales1,2 For personal use only 46% Sales2 54% Sales2 ~$1.9bn Exam/ Adjusted EPS4 Single Use 105.5¢ Mechanical Gloves Gloves and sleeves Dividend Per Share 38.40¢ Surgical Gloves and safety solutions Cash Conversion5 131% Chem
Slide 9: Business Model
For personal use only Business Model Innovator Manufacturer Marketer Service Provider Sustainable Partner Designing and developing Majority of products Products marketed under Partnering with customers Helping customers differentiated products produced inhouse industry-leading brands to improve work
Slide 10: Innovator: Proprietary Product & Service Technologies
Innovator Proprietary Product & Service Technologies Our safety solutions incorporate proprietary Ansell Worker Experience Innovation and Service Technologies to solve real world worker comfort, performance and protection challenges. For personal use only Worker Experience Innovation Technologies Se
Slide 11: Innovation In Differentiated Safety Solutions
Innovator Innovation In Differentiated Safety Solutions Through transforming our unrivalled insights about unmet end user customer needs into new product solutions, we aim to drive above market sales growth. For personal use only Innovation Focus Areas Recent Product Innovation Comfort Performance |
Slide 12: Manufacturer: Resilient Global Network
Manufacturer Resilient Global Network Supply risk mitigation through flexible manufacturing network of 14 Ansell plants and an extensive partner network. For personal use only Lithuania New Brussels, Belgium 21 14 24 Manufacturing Jersey, Thailand R&D Centres Warehouses USA Facilities Sales China Cu
Slide 13: Well-Invested Manufacturing Footprint
Manufacturer Well-Invested Manufacturing Footprint We invest in manufacturing capabilities and capacity for differentiated products, supporting long term growth and returns. For personal use only Recent Growth Investments Capex Trend ($m) Expanded Greenfield facility Period of elevated investment in
Slide 14: World-Renowned Product & Service Brands
Marketer World-Renowned Product & Service Brands Ansell is the #1 most recognised name in protective gloves and clothing1 with a portfolio of industry-leading brands synonymous with quality and performance. For personal use only Product Brands Sales >$100 m High performance Disposable & exam Advance
Slide 15: End User Sales Focus
Marketer End User Sales Focus We drive sales growth through working with our end user customers to understand and solve their unique safety challenges. For personal use only Our Global • Over 850 sales people, based in over 55 countries, selling into Sales Presence over 100 countries Is Unmatched Ou
Slide 16: Services Capability Enhancing Customer Intimacy
Service Provider Services Capability Enhancing Customer Intimacy We offer our end user customers a range of proprietary solutions for managing safety risk and supporting decision making across the product selection, use and disposal journey. For personal use only Product Selection Product Use Produc
Slide 17: 2040 Sustainability Action Plan
Sustainable Partner 2040 Sustainability Action Plan Outlining our targets for safe, respectful and inclusive workplaces and a healthier planet. For personal use only People Planet We are a recognised leader for safe, respectful and inclusive We pioneer new solutions that reduce our environmental wor
Slide 18: Designing Sustainable Products
Sustainable Partner Designing Sustainable Products We create products for a safer and better protected world by minimising the environmental impact of material sourcing, product manufacturing, and product disposal. For personal use only Material Selecting materials that minimise a product’s environm
Slide 19: 2. Segment Overview
2. Segment Overview For personal use only 18
Slide 20: Segment Overview
Segment Overview Industrial Segment (FY24 Sales1 $850m) Healthcare Segment (FY24 Sales1 $1,008m) For personal use only High performance hand and chemical protective clothing solutions and Innovative portfolio of gloves, garments and consumables for a wide range safety eyewear for a wide range of ind
Slide 21: Industrial Segment – Mechanical
Industrial Segment – Mechanical Products FY24 Sales1 $490m • Mechanical hand and arm protection #1 mechanical hand • Designed and engineered to provide For personal use only Market protection (>2x next the optimal balance of comfort, Position largest competitor) performance, and protection against m
Slide 22: Industrial Segment – Chemical
Industrial Segment – Chemical Products FY24 Sales1 $306m • Wide range of chemical-resistant hand and body protection products to help #1 chemical hand For personal use only Market protect workers against hazards ranging protection, #2 chemical Position body protection from extreme high-risk scenario
Slide 23: Healthcare Segment – Exam/Single Use
Healthcare Segment – Exam/Single Use Products FY24 Sales1 $546m • Single use and medical exam grade gloves for scientific, industrial and For personal use only Market #1 industrial single medical workers Position use gloves • Products designed with advanced material formulations and proprietary Frag
Slide 24: Healthcare Segment – Exam/Single Use
Healthcare Segment – Exam/Single Use Our Exam/SU business specialises in heavy-weight, durable gloves offering chemical protection. We have limited exposure to the large market for medical exam gloves. Scientific Industrial Single Use Medical Exam For personal use only Differentiated Medium To Heavy
Slide 25: Healthcare Segment – Surgical
Healthcare Segment – Surgical Products • Surgical gloves designed to respond to FY24 Sales1 $289m healthcare professionals’ evolving needs, For personal use only protecting both them and their patients in all surgical settings Market Joint #1 surgical Position gloves • SANDEL® branded safety solutio
Slide 26: Healthcare Segment – Cleanroom
Healthcare Segment – Cleanroom (Formerly Life Sciences) Products FY24 Sales1 $174m • Innovative solutions for critical life sciences and micro-electronics For personal use only Market #1 cleanroom applications carried out within a clean Position gloves environment, specifically designed, processed a
Slide 27: 3. Why Invest In Ansell?
3. Why Invest In Ansell? For personal use only 26
Slide 28: Why Invest In Ansell?
Why Invest In Ansell? Leading Positions Comprehensive Service Solutions Resilient Supply Sustainability Strong Cash In Growing Markets Product Portfolio Valued By Customers Chain Leadership Flows For personal use only No. 1 or 2 position in Products unmatched Global sales force Well-invested Leading
Slide 29: Differentiated Customer Solutions Aligned To Industry Trends
Differentiated Customer Solutions Aligned To Industry Trends Favourable industry trends sustaining demand for differentiated safety solutions and supporting premium margins. For personal use only Importance Of PPE To Worker Unmet Safety Needs Satisfaction & Retention Regulatory Changes • Unmet safet
Slide 30: Diverse Vertical & Geographic Presence
Diverse Vertical & Geographic Presence Balanced End Market Exposure Creates Opportunities For Growth Through The Cycle Ansell’s portfolio is well balanced, prioritising growing verticals and geographies where we can win with differentiated safety solutions. For personal use only Relative Size & Cycl
Slide 31: Winning In Emerging Markets
Diverse Vertical & Geographic Presence Winning In Emerging Markets Multi-year emerging markets strategy driving growth and diversifying geographic presence. For personal use only Emerging Markets Secular Trends & Growth Strategies Emerging Markets 8.6% FY24 vs FY19 Sales CAGR1 Secular Trends • Popul
Slide 32: Investments In Automation & Digitisation
Productivity-Enhancing Investments To Offset Cost Inflation Investments In Automation & Digitisation Investments in automation and digitisation improving productivity and enhancing customer experience. For personal use only Manufacturing Productivity Customer Experience & Sales Optimisation • Succes
Slide 33: Accelerated Productivity Investment Program
Productivity-Enhancing Investments To Reset Business Post Pandemic Accelerated Productivity Investment Program: Enhancing Efficiency & Customer Centricity Announced in FY24, the program targets FY26 annualised pre-tax cost savings of $50m versus FY23 baseline. Savings of $28m achieved in FY24. For p
Slide 34: Balanced, Disciplined & Effective Capital Allocation
Balanced, Disciplined & Effective Capital Allocation Strong Financial Position Provides Flexibility Strong Balance Sheet Dividends For personal use only • Moody’s Baa2 investment grade rating • Proportionate dividend • Targeting 1.5-2.5x Net Debt/EBITDA policy, paying out between 40-50% of net • Str
Slide 35: Long Term Ambition
Long Term Ambition Sales Growth Through Differentiated Operational Excellence Enhancing Disciplined Capital Allocation Building Customer Solutions Productivity & Customer Satisfaction Long Term Competitive Advantage For personal use only What Does Long Term Success Look Like? Organic sales growth
Slide 36: Appendix
For personal use only Appendix 35
Slide 37: Appendix: Financial History
Appendix: Financial History ($m) FY141 FY151 FY161 FY171 FY181 FY191 FY201 FY211 FY22 FY23 FY24 Ansell Sales 1,377.5 1,428.1 1,352.8 1,374.5 1,489.8 1,499.0 1,613.7 2,026.9 1,952.1 1,655.1 1,619.3 2,3,4,5 EBIT 175.5 210.9 188.2 178.4 193.43 200.9 216.7 338.0 245.1 206.3 195.5 For personal use only 3
Slide 38: Ansell – Lead the world to a safer future
Ansell Lead the world to a safer future. www.ansell.com