Prestal Holdings Limited · ASX:PTL

Prestal — Pental — H1 FY2014 Earnings Presentation

15 slides from Prestal's earnings presentation, Feb 27, 2014

  1. Slide 1: Half Year Results Presentation

    For personal use only Half Year Results Presentation 29 December 2013

  2. Slide 2: Half Year 2014 Highlights

    Half Year 2014 Highlights For personal use only ‡ Gross sales rose 3.2% ‡ EBITDA increased by 37.1% to $4.903m ‡ Finance costs decreased by $3.254m million to $0.822 million ‡ Net profit after tax increased by $1.910m to $2.147m ‡ primarily from previously announced reductions in finance costs; ‡ Ea

  3. Slide 3: Financial Headlines

    Financial Headlines Consolidated /ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚΨ͛ŵ HY 14 HY 13 % Change For personal use only Gross Sales Revenue 53.8 52.1 3.2% S EBITDA 4.9 3.6 37.1% S Depreciation & Amortisation (1) (1.0) (0.4) S EBIT 3.9 3.2 21.9% S Finance costs (0.8) (4.1) 79.8% T NPAT/(loss) ʹ Continuing operations 2.1 (0.6

  4. Slide 4: Improved Net Profit Before Tax Result

    Improved Net Profit Before Tax Result For personal use only 4.0 $'M 3.0 2.0 1.0 -­‐ (1.0) (2.0) NLBT HY13 Gross Margin Trade rebates Employee Depreciation & Freight and Marketing Other revenue & Finance costs NPBT off HY14 (excl rebates) expenses amortisation distribution expenses (0.9) 1.8 (0.4) (0

  5. Slide 5: Diversification - Brands & Private Label

    Diversification -­‐ Brands & Private Label Sales Mix HY 14 For personal use only Personal Care Laundry Care Fire Needs Household Cleaning Personal Care Private Label 13.9% 16.5% Dishwash 10.8% Laundry Care Household 11.8% Cleaning 39.6% Fire Needs 5.7% Oral Care 1.7%

  6. Slide 6: Balance Sheet

    Balance Sheet For personal use only Ψ͛ŵ Dec 13 Jun 13 Key Observations ‡ Gearing (net debt) at 6.7% (Jun 13: 13.2%) Net Assets 69.8 62.1 ‡ Increased working capital due to HY 14 ending Net Debt 4.7 8.2 29 December 2013, as a result some end of month customer receipts received post HY14 Working Capit

  7. Slide 7: Cash Flow

    Cash Flow For personal use only Consolidated HY 13 HY 12 Ψ͛ŵ Key Points Cash in/(out) flow from operating 1.0 0.4 ‡ Positive cash flow from continuing Operations activities ¾ HY12 cash flows include the winding down Capital expenditure (3.1) (0.2) of the Specialty Chemical business Proceeds from sal

  8. Slide 8: New Flexible Banking Facility

    New Flexible Banking Facility For personal use only ‡ Effective 25 February 2014 ‡ 3 year facility ‡ Consolidated funding facilities to one provider -­‐> ANZ & GE to only ANZ ¾ ANZ selected following competitive tender process ‡ Flexible facility of $16m ‡ No principle repayments ‡ Normalised terms

  9. Slide 9: Loyalty Options

    Loyalty Options For personal use only ‡ February 2013 Prospectus: 1 Option for every 4 Shares ‡ Expiry date: 11 September 2014 ‡ Exercise price $0.02 ‡ If exercised by 29 November 2013 ʹ 1 Piggy back option was granted ‡ Early exercise of Loyalty Option raised $5.757 million ‡ Proceeds from early ex

  10. Slide 10: Piggy Back Options

    Piggy Back Options ‡ For personal use only 1 Piggy Back Option issued for each Loyalty Option exercised by Participating Loyalty Option Holders ‡ Expiry date: 6 June 2015 ‡ Exercise price $0.03 ‡ The funds raised from Piggy Back Options will be used to: ‡ repay debt ‡ capital expenditure ‡ working c

  11. Slide 11: Sales & Product Development

    Sales & Product Development 9 New private label tenders won for bleach on the back of a more efficient For personal use only bleach manufacturing plant - to commence in the 2nd HY14: Woolworths, Coles & Aldi 9 Launched individually wrapped non-toxic wax firelighters ± first to market in Australia &

  12. Slide 12: New Product Development

    New Product Development For personal use only Individually Wrapped Firelighters Power Burst Dish wash 4 in 1 Power Hanger

  13. Slide 13: Brand Re-launch

    For personal use only Brand Re-­‐launch New Look Rejuvenated & Reformulated 13

  14. Slide 14: Outlook

    Outlook For personal use only ‡ FMCG competitive market conditions to continue ‡ Continued focus on product innovation, whilst leveraging of our Australian made & owned status for branded and private label products ‡ New capital expenditure ¾ Bleach line B upgrade ʹ financial benefits 2nd half 2015

  15. Slide 15: Disclaimer

    Disclaimer For personal use only The material in this presentation is a summary of the results of Pental Limited (Pental) for the 26 weeks ended 29 December 2013 and an update on WĞŶƚĂů͛ƐĂĐƚŝǀŝƚŝĞƐand is current at the date of preparation, February 2014. Further details are provided in ƚŚĞŽŵƉĂŶLJ͛ƐŚĂ

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