Eureka Group Holdings Limited · ASX:EGH

Eureka — H1 FY2020 Earnings Presentation

15 slides from Eureka's earnings presentation, Mar 13, 2020

  1. Slide 1: Investor Presentation Half Year Results - 31 December 2019

    NZ INVESTOR PRESENTATION Fn Half Year Results - 31 December 2019 eureka MARCH 2020

  2. Slide 2: Disclaimer

    For personal use only Disclaimer No responsibility for contents of Presentation To the maximum extent permitted by law, Eureka Group Holdings Limited (ABN 15 097 241 159), its officers, advisers and representatives: • make no representation, warranty or undertaking, and accept no responsibility or li

  3. Slide 3: For personal use only

    For personal use only Page Eureka Highlights................................... 3 Market Position...................................... 4 The Eureka House................................... 5 Key Industry Statistics............................ 6 Portfolio Growth.................................... 7

  4. Slide 4: Eureka Highlights

    For personal use only FINANCIAL PERFORMANCE CAPITAL MANAGEMENT PORTFOLIO EBITDA core opera�ons1 Net Debt Villages $4.12m, up 12% on PY $42.42m down 8% from 30 June 30 Owned, 9 Managed EPS NTA Occupancy 2.26c, up 84% on PY 34.23c per share, up 9% on PY 94%, up 2% on PY Cash flow from Finance Facility

  5. Slide 5: Market Position

    For personal use only Our competitive advantage: Eureka is a specialist owner and manager of rental villages for independent seniors Strategy: Rental villages for independent seniors Economically stable market underpinned by the government pension Population shift with increasing proportion of senio

  6. Slide 6: The Eureka House

    For personal use only    THE ROOF    THE PILLARS     ­ THE STEPS FOUNDATION 5

  7. Slide 7: Key Industry Statistics

    € € Key Industry Statistics For personal use only • In 1977 1.3M Australians were aged +65 years (9% of the population) Aging • In 2017 3.8M Australians were aged +65 years (15% of the population) • In 2057 8.8M Australians forecast +65 years (22% of the population) Population (source: Australian In

  8. Slide 8: Portfolio Growth

    ‚  Fragmented village ownership provides the opportunity for acquisition. For personal use only Eureka has an opportunity to consolidate this fragmented segment by utilising its specialist management capability and industry knowledge to source and execute acquisition opportunities from private and

  9. Slide 9: Pillar 1: Occupancy, Revenue and Cost initiatives

    € 5 Pillars For personal use only Regain momentum + Build on the basics. Pillar 1: Occupancy, Revenue and Cost initiatives € Š‹  Increased network connections and Revenue levers exist through Operating cost review including community contacts to enhance the sustainable rent increases re-negotiated

  10. Slide 10: Pillar 2: Team culture; Pillar 3: Safety, Risk & Compliance

    € 5 Pillars For personal use only Regain momentum + Build on the basics. Pillar 2: Team culture and Engagement Pillar 3: Safety, Risk & Compliance Œ Ž ­ ­Ž ­ Ž Ž‘ ŒŒ Ž’ Ž  ”“Ž‘   ‘ “” Ž Re-structure the support team Village manager engagement and Appointed industry specialist as retention

  11. Slide 11: Pillar 4: Information systems; Pillar 5: Marketing

    € 5 Pillars For personal use only Regain momentum + Build on the basics. Pillar 4: Information systems Pillar 5: Marketing & Applications & Technology •• ”Ž ”Ž Ž ­‘ “ ­ ŽŒ– Expanded scope to include Appointment of a dedicated fully integrated network Marketing Manager across all business units

  12. Slide 12: FY20 Initiatives and Outlook

    For personal use only ‚€ FY20 Initiatives and Outlook • Maintain momentum of the 5 operating pillars • Focus on delivering acquisition opportunities • Fully integrate I.T. platform across all business units and villages (FY20/21) • Village refurbishments to continually improve and maintain occupancy

  13. Slide 13: Results summary for the half-year ended December 2019

    — ‚ Œ  Ž For personal use only Results summary for the half-year ended 31 December 2019 ƒ˜™† š„ Œ „ š„ Œ „› • EBITDA1 from core operations up 12% due to improved occupancy, Rental income 8,528 8,170 additional service fees and cost savings Catering income 2,104 2,173 Service and caretaking income

  14. Slide 14: Balance sheet summary at December 2019

    — ‚ Œ  Ž ƒŒ Ž† For personal use only Balance sheet summary at 31 December 2019 ƒ˜™† š„ Œ „ š„ Œ „› • Terranora sales underway with 16 units sold during period Ž Cash and cash equivalents 2,549 3,060 Trade and other receivables 1,095 1,503 • Joint venture investment uplift with underlying revalu

  15. Slide 15: Cash flows summary for the half-year ended 31 December 2019

    — ‚ Œ  Ž ƒŒ Ž† For personal use only Cash flows summary for the half-year ended 31 December 2019 ƒ˜™† š„ Œ „ š„ Œ „› • Cash recycled from sale of non-core –‚   Ž ­ŒŽ ” Ž  assets into core portfolio Receipts from customers 12,753 12,271 Payments to suppliers and employees (8,088) (9,304) Net

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