Elders Limited · ASX:ELD
Elders — Australasian AgFood Conference 2024
18 slides from Elders's conference presentation, May 29, 2024
Slide 1: Elders Limited Investor Presentation
29 May 2024 Elders Limited Investor Presentation For personal use only Attached is a presentation to be given today, 29 May 2024, to the Australasian AgFood Conference, hosted by PAC Partners. The presentation will be given by Elders Limited’s (ASX:ELD) Executive General Manager – Network, Tom Russo
Slide 2: Australasian AgFood Conference
For personal use only Australasian AgFood Conference 29 May 2024 Presented by Tom Russo EGM - Network 1 Elders Limited
Slide 3: Disclaimer And Important Information
Disclaimer And Important Information For personal use only The material in this presentation has been prepared by Elders Limited and is general background about Elders' activities and performance at the date of this presentation. The information is in summary form, does not purport to be complete, a
Slide 4: Agenda
ELDERS LIMITED AGENDA Agenda For personal use only 01 Global context 04 Eight point plan strategic priorities 02 Business model - diversification 05 Sustainability 03 Financial results through the cycles 06 Questions 3
Slide 5: Global Context
ELDERS LIMITED Global Context The current world population of 7.6 billion is expected to reach 8.6 billion in 2030 and 9.8 billion in 2050 The evolving energy and nutrition requirements of a growing and increasingly For personal use only affluent global population will remain key drivers of demand
Slide 6: Business Model
ELDERS LIMITED Business Model Geographic and product diversification mitigate impact of individual market volatility and create multiple pathways to growth For personal use only Feed and Digital and Rural Products Agency Services Real Estate Services Financial Services Processing Services Technical
Slide 7: Expansive footprint and brand strategy
ELDERS LIMITED Expansive footprint Our brand strategy Geographic, segment and channel diversification Primary: leveraging and reinforcing our position as the most trusted agribusiness brand in Australia For personal use only QLD/NT 54 8 29 24 6 $21.0m NSW WA 41 26 52 33 13 Secondary: utilising other
Slide 8: Earnings Resilience Through Seasonal Volatility
ELDERS LIMITED Earnings Resilience Through Seasonal Volatility Guidance reflects first quarter weakness from below average seasonal conditions, balanced with an improved outlook for cropping and livestock First Eight Point Plan Second Eight Point Plan Third Eight Point Plan Fourth FY24 Guidance For
Slide 9: Five Year Financial Performance
Five Year Financial Performance Strong track record of delivering 5-10% EBIT and EPS growth through the cycles Sales Revenue ($m) Underlying EBIT ($m) For personal use only +19.6% +23.4% 232 3,445 3,321 2,549 167 171 2,093 121 1,626 74 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 Costs ($m) vs
Slide 10: Cost Growth Excluding New Business: Year to Date
ELDERS LIMITED Cost Growth Excluding New Business: Year to Date FY24 cost target on track through disciplined cost management Cost Increase excl. Growth Growth Adjusted Cost Movement² ($m) Commentary For personal use only and Transformational Initiatives ($m) Base Target: CPI increase to be partia
Slide 11: New Format, simplified priorities
Option 3 – New Format, simplified priorities For personal use only Compelling shareholder returns Industry leading sustainability outcomes Most trusted Agribusiness brand 5-10% EBIT and EPS growth through the cycles at across health and safety, community, environment and in rural and regional Austra
Slide 12: Our Strategic Priorities – Streamline our Supply Chain
Our Strategic Priorities – Streamline our Supply Chain Our Rural Products supply chain optimisation program For personal use only Multi-year program to deliver group-wide supply Annualised gross benefits at full run-rate1,2 ($m) chain planning processes, systems and capability Capital Inventory re
Slide 13: Our Strategic Priorities – Growth
Our Strategic Priorities – Growth FY23: 9 Acquisitions, the largest being Emms Mooney and Rockingham Strategic intent to fill gaps and grow our geographical footprint FY24 YTD: 10 Acquisitions, the largest Key strategic gap areas being Eureka! and Charles Stewart and For personal use only Knight
Slide 14: Our Strategic Priorities – Transform
ELDERS LIMITED STRATEGY Our Strategic Priorities – Transform Gross margin growth and efficiency through product expansion For personal use only ELDERS WOOL¹ Enhanced client experience through state-of-the-art wool handling facility Modern, efficient, and scalable Business Model Economies of scal
Slide 15: Sustainability Performance
ELDERS LIMITED EXECUTIVE OVERVIEW Sustainability Performance Meaningful progress towards Scope 1 and 2 emission targets CLIMATE TARGETS1 OUR PROGRESS For personal use only Targets set to reduce our Scope 1 and 2 greenhouse gas emissions: Engaged centralised waste management services provider, driv
Slide 16: Our Sustainability principles & priorities
Our Sustainability principles & priorities Creating sustainable solutions for our customers and communities For personal use only OUR We provide our We support our people We do our part to look We operate ethically and PRINCIPLES customers and clients and industries and after the environment to the
Slide 17: Innovation – Thomas Elder Sustainable Agriculture
Innovation – Thomas Elder Sustainable Agriculture Helping drive the ongoing evolution of farming in Australia For personal use only Partnering with leading Providing a leading source of Enabling new AgTech Supporting farmers on their research agencies, creating trusted advice, supporting on- solutio
Slide 18: Questions
For personal use only Questions 17 Elders Limited