Maggie Beer Holdings Ltd. · ASX:MBH
Maggie Beer — Primary Opinion — Shareholder Meeting (November 2017)
22 slides from Maggie Beer's shareholder meeting presentation, Nov 21, 2017
Slide 1: 2017 Annual General Meeting Presentation
2017 ANNUAL GENERAL MEETING PRESENTATION
Slide 2: Our Vision
? PRIMARY OPINION . +7 = - = - 4 we. b - 4 Aa amt “ode . # dad fn OUR VISION ;
Slide 3: We believe the way we eat food is evolving rapidly
We believe that the way we eat food is evolving rapidly. Across the globe, our increasingly busy lifestyles are driving changes to when and how we eat. People are more and more focused on healthy, convenient food choices, sustainable food production and building a connection to the way their food is
Slide 4: Financial Results for Year Ended June 2017
FINANCIAL RESULTS FOR YEAR ENDED 30 JUNE 2017
Slide 5: Key Financial Results
KEY FINANCIAL RESULTS 2017 2016 Change Revenue from Continuing 30,692 14,392 Increase of 111% Operations Loss from Ordinary Activities (10,270,418) (649,882) Increase of 1480% before tax Loss from Ordinary Activities (10,293,092) (1,826,939) Increase of 463% after tax Net Assets 9,433,900 1,456,223
Slide 6: Key Financial Results Maggie Beer Products Pty Ltd
KEY FINANCIAL RESULTS MAGGIE BEER PRODUCTS PTY LTD A$’000 2017 2016 Change Revenue from Continuing 17,925 19,169 Decrease of 6.5% Operations Loss from Ordinary Activities (2,340) 777 Decrease of 401% before tax Loss from Ordinary Activities (2,126) 671 Decrease of 416% after tax Impairment Charge in
Slide 7: Investment in Maggie Beer Products
INVESTMENT IN MAGGIE BEER PRODUCTS Maggie and the MBP team are focused on building strong brand credentials and creating a profitable, sustainable business delivering high quality foods suitable for everyday use and entertaining. 6 Currently we hold a 48% stake in Maggie Beer Products Pty Ltd (MBP)
Slide 8: Our Acquisition of B.-d Farm Paris Creek
OUR ACQUISITION OF B.-D FARM PARIS CREEK
Slide 9: Overview
Overview 1. We have announced 2 significant events: ‒ The acquisition of 100% of the equity of B.-d Farm Paris Creek, a biodynamic-organic dairy business based in the Adelaide Hills, for $34m ‒ An institutional placement and SPP of $45m to fund the acquisition, payout existing debt ($7.8m), and prov
Slide 10: B.-d Farm Paris Creek Business Basics
B.-d Farm Paris Creek Business Basics Based in the pristine Adelaide Hills, South Australia, the vertically integrated operations combine manufacturing capacity with supply of locally sourced organic and biodynamic milk, marketed under the B.-d Farm Paris Creek and Adelaide Hills brands a range of m
Slide 11: A unique opportunity poised for growth
A unique opportunity poised for growth The acquisition of B.-d Paris Creek represents a unique opportunity to grow a pioneering Australian brand with strong credentials as one of Australia’s best quality dairies. A strongly developed organic-biodynamic milk pool - 2nd largest organic milk supply in
Slide 12: Transaction Summary
Transaction Summary Financial snapshot for B.-d Paris Creek Transaction Summary FY2017 unaudited management accounts Acquisition proposal Gross revenue $19.8m • Purchase Price for 100% equity of B.-d. Paris Creek and associated assets Total milk received c.10 million litres • Equity purchase price o
Slide 13: Building Our Brands – The B.-d Farm Paris Creek Opportunity
BUILDING OUR BRANDS – THE B.-D FARM PARIS CREEK OPPORTUNITY
Slide 14: Control of the 2nd largest pool of Organic Milk
Control of the 2nd largest pool of Organic Milk A real competitive advantage to B.-d Farm Paris Creek is that its supply pool makes it Australia’s 2nd largest source of organic milk. Outstanding relationships have been built by the founders to encourage, support and grow organic and biodynamic dairy
Slide 15: Strong brand credentials with expansion opportunity
Strong brand credentials with expansion opportunity The superior brand credentials of B.-d Farm Paris Creek position it strongly to be a market leader for organic dairy and be cornerstone business for Primary Opinion. Brand can leverage from Australian sourced organic dairy – transparent, sustainabl
Slide 16: Production can at least double
Production can at least double B.-d. Paris Creek growth has been constrained by factory capacity, with retailers and consumers indicating demand for further products. To meet this demand, the company recently upgraded their processing capacity from 10 million litres to approximately 30 million litre
Slide 17: Strong combined leadership team
Strong combined leadership team The farming and manufacturing skills of the founders combined with the skills of Primary Opinion Ltd of sales, export, brand, marketing and finance makes a formidable combination to enable B.-d Paris Creek to flourish Ongoing, the founders, Helmut and Ulli Spranz, wil
Slide 18: Opportunities for Growth
Opportunities for Growth B.-d Paris Creek represents a springboard for growth in a number of areas. Meaningful impacts can be made in Sales Optimisation, Distribution and Milk Supply & Vertical Integration. 1. Sales Optimisation 2. Distribution 3. Synergies Significant opportunities to maximise Curr
Slide 19: Post Acquisition Structure
Post Acquisition Structure Primary Opinion Ltd Investment in B.-d Farm Paris Maggie Beer Future Brand…. Creek (100%) Products (48%) Manufacturing, Factory, Plant and Equipment Sales, Marketing and Distribution 3rd party contracted organic dairy farms
Slide 20: We are excited about our future and the growth of LongTable Group
WE ARE EXCITED ABOUT OUR FUTURE AND THE NEXT STEPS FOR THE GROWTH OF LONGTABLE GROUP
Slide 21: Thank you for your ongoing support
THANKYOU FOR YOUR ONGOING SUPPORT
Slide 22: Disclaimer
Disclaimer Summary information This presentation has been prepared by Primary Opinion Ltd (“Primary Opinion”). The Information in this presentation is of general background in summary form which is current as at 9 November 2017 and does not purport to be complete. It does not contain all information
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