Good Energy — Shareholder Meeting (June 2018)
23 slides from Good Energy's shareholder meeting presentation, Jun 21, 2018
Slide 1: Good Energy Group plc 2018 Annual General Meeting
Good Energy Group plc 2018 Annual General Meeting 21st June 2018 Good Energy ©2017 – Private & confidential 1 20 June 2018
Slide 2: Today's Agenda
Today’s Agenda Chairman's introductions Market overview & 2017 review 2018 trading update 2018 and beyond Q&A Good Energy ©2017 – Private & confidential 2 20 June 2018
Slide 3: Market overview & 2017 review
Market overview & 2017 review Good Energy ©2017 – Private & confidential 3 20 June 2018
Slide 4: Market Overview – Power to the People
Market Overview – Power to the People Good Energy ©2017 – Private & confidential 4 20 June 2018
Slide 5: Good Energy ©2017 – Private & confidential 20 June 2018
Good Energy ©2017 – Private & confidential 5 20 June 2018
Slide 6: Good Energy ©2017 – Private & confidential 20 June 2018
Good Energy ©2017 – Private & confidential 6 20 June 2018
Slide 7: Good Energy ©2017 – Private & confidential 20 June 2018
Good Energy ©2017 – Private & confidential 7 20 June 2018
Slide 8: Good Energy, Good position
Good Energy, Good position Good Energy ©2017 – Private & confidential 8 20 June 2018
Slide 9: 2017 Highlights
2017 Highlights Growth in revenue, customer numbers and gross profit in line with our expectations for the year. Business volumes increased by 46%. Continued to take sector market share and invest in the capability to deliver ongoing growth. Frontrunner of the decentralised energy market with a grow
Slide 10: 2017 Highlights
2017 Highlights Shape of growth and performance driven by plan to shift towards new business and decentralised energy +16.6% +4.3% Increased customers in B2B and FIT services with lower YoY YoY retail growth Revenue driven by supply volume +8.2% -£1.3m Includes £1.1m of restructuring and strategic c
Slide 11: 2018 Trading Update
2018 Trading Update Performance benefitted by unseasonably cold winter. Stable customer numbers. New billing infrastructure working – 99% of customers billed on time. Large-scale solar energy asset sale on track. Strong Good Energy Bond renewal uptake, at a lower coupon rate of 4.25%. Good Energy ©2
Slide 12: 2018 Expectations
2018 Expectations Profit expected to be weighted towards the first half of the year. Increased investment in second half in key growth areas: · Sales team · Digital and developer capability · Customer relationship management Overall we continue to expect 2018 to be a year of financial progress for t
Slide 13: Strategy – 2018 & Beyond
Strategy – 2018 & Beyond Good Energy ©2017 – Private & confidential 13 20 June 2018
Slide 14: Evolving Good Energy Customer
Evolving Good Energy Customer Technology now allows us to service more customers. ‘Eco Warrior’ ‘Eco Worrier’ Good Energy ©2017 – Private & confidential 14 20 June 2018
Slide 15: Energy Awakening
Energy Awakening Energy is becoming tangible. Easier to switch than ever, it’s more confusing too. Personalised energy planning services. Optimisation of energy usage. Low waste power environment. Good Energy ©2017 – Private & confidential 15 20 June 2018
Slide 16: Significant Addressable Market Identified
Significant Addressable Market Identified Retail supply market size and target segments. Business supply market size and target segments. Household Equivalent Conversion Total Market Total Market 25m Households 52.5m 20m (Not Addressable) 5.0m 41m (Not Addressable) 11.5m Greens Mid Market 2.1m House
Slide 17: Technology
Technology SMART meters the foundation of change. Increased investment. Data provides real customer empowerment/value. Energy usage control, storage, electric vehicles and renewable energy. Good Energy ©2017 – Private & confidential 17 20 June 2018
Slide 18: Strategic Partners
Strategic Partners Good Energy ©2017 – Private & confidential 18 20 June 2018
Slide 19: People
People Matching change and challenges in the energy market. Driving technological capability and customer experience. · David Ivell, Chief Technology Officer (June 2018) · Sarah Morgan, Customer Services Director (June 2018) · Paul Tavener, Interim Marketing Director (May 2018) Full Executive team n
Slide 20: Board
Board Welcome · Tim Jones, moneysupermarket.com’s Chief Information Officer (Dec 2017) Thanks · Rick Squires, stepping down · Well progressed in our search for a NED with technology and disruptor brand experience Good Energy ©2017 – Private & confidential 20 20 June 2018
Slide 21: Summary
Summary Solid 2017 performance. Strong start to 2018 Continue to expect 2018 to be a year of financial progress for the group Reshaping Good Energy, reflecting our view of the changing market. Continuing to lead the change from old energy to new generation. Interim results September 2018. Good Energ
Slide 22: Q&A
Q&A Led by Board of Directors Good Energy ©2017 – Private & confidential 22 20 June 2018
Slide 23: Tell us what you think
Tell us what you think Visit www.bit.ly/GEtoknow Good Energy ©2017 – Private & confidential 23 20 June 2018