Inghams Group Ltd. · ASX:ING
Inghams — Macquarie Australia Conference 2021
17 slides from Inghams's conference presentation, May 4, 2021
Slide 1: ASX Release: Macquarie Australia Conference Presentation
ASX Release 4 May 2021 Inghams Group Limited (ASX: ING, Ingham’s) For personal use only MACQUARIE AUSTRALIA CONFERENCE PRESENTATION Attached is an Inghams Group Limited presentation which will be delivered at the Macquarie Australia Conference on 4 May 2021. This announcement has been authorised by
Slide 2: Macquarie Australia Conference Presentation
For personal use only INGHAMS GROUP LIMITED MACQUARIE AUSTRALIA CONFERENCE PRESENTATION 4 MAY 2021
Slide 3: Leadership Change
LEADERSHIP CHANGE For personal use only Introducing Andrew Reeves as Inghams CEO and Managing Director • Seamless CEO transition - Andrew served as a Non-Executive Director since 2019 on the Inghams Group Limited Board • Andrew is an experienced consumer goods executive in the food and beverage sect
Slide 4: Who We Are and What We Do
WHO WE ARE AND WHAT WE DO For personal use only A proud history of quality and customer service • Inghams is one of the largest integrated protein producers across Australia and New Zealand • Provides chicken, turkey and plant-based protein products to major retail, quick service restaurants, foodse
Slide 5: Well Diversified AU/NZ Network
WELL DIVERSIFIED AU/NZ NETWORK For personal use only • Geographically diverse network • Enhances management of agricultural and biosecurity risks • Provides flexibility and greater resilience • Ensures we can deliver continuity of supply to meet our customers’ needs • Ability to fully service nation
Slide 6: Vertically Integrated Operating Model
VERTICALLY INTEGRATED OPERATING MODEL For personal use only • Enables us to create value and realise efficiencies across a highly complex and large-scale supply chain • Balance and operational excellence are key to margin capture • Cost, capability and complexity create barriers to entry 5
Slide 7: Our Strategic Framework
OUR STRATEGIC FRAMEWORK For personal use only Delivering shareholder value through continued focus on five-year strategic plan Our Objective: To deliver more consistent, predictable and reliable returns § Deliver asset efficiency with modest capital spend Create investment § Implement a continuous i
Slide 8: Reviewing 1H Highlights
REVIEWING 1H HIGHLIGHTS For personal use only Resilient demand conditions & strategic initiatives delivering operational momentum in first half • Strong performance in 1H21 HY21 Variance to HY20 % Variance - Solid growth in poultry volume Group Core Poultry Volume 224.6kt 8.7 4.0 - Five-year strateg
Slide 9: Business Update
BUSINESS UPDATE For personal use only • Good progress on Optimise the Core to deliver operational efficiencies across the business • Core poultry volume slightly lower in 3Q compared to the prior year that had the benefits of early COVID-19 panic buying • Solid 1H volume growth of 4.0% • Lower 3Q vo
Slide 10: Observations Across Our Channels
OBSERVATIONS ACROSS OUR CHANNELS For personal use only RETAIL QSR FOOD WHOLESALE EXPORT SERVICE • Local lockdowns have had • Post COVID-19 recovery has • Volume across the channel • Broadening customer • Anticipate volumes to slowly minimal impact on the seen channel performance has now largely retu
Slide 11: Project Update: Pakenham hatchery commissioning nearing completion
PROJECT UPDATE For personal use only Pakenham hatchery commissioning nearing completion • The hatchery takes eggs from our Breeder farms, hatches the chicks, and sends them out to broiler farms to grow up within 24-48 hours • Automated technology system called ‘HatchCare’ that provides a more spacio
Slide 12: Project Update: Pakenham hatchery commissioning nearing completion
PROJECT UPDATE For personal use only Pakenham hatchery commissioning nearing completion • Commissioning expected to be completed by end of June • Substantial animal welfare benefits including: ü Provides feed and water to chicks upon hatching ü Chicks have ~40% more living space • Performance benefi
Slide 13: Continuous Improvement Program
CONTINUOUS IMPROVEMENT PROGRAM For personal use only Securing cost savings with minimal capital required • Continuous Improvement team with whole-of-business responsibility to identify savings and non-capital related improvements, offsetting underlying annual cost growth • Drive accountability throu
Slide 14: Sustainability Principles and Priorities
SUSTAINABILITY PRINCIPLES AND PRIORITIES For personal use only • 100% of chicken grown at farms accredited by • Planet KPIs for monitoring & setting • GHG emissions reduction from WA feed freight RSPCA in Australia environmental performance targets network optimisation • State-of-the-art new HatchCa
Slide 15: Summary
SUMMARY For personal use only • Seamless CEO transition - Remain focused on delivery of strategic pillars and key initiatives • Consumer behaviour is showing signs of normalising • Australian Export markets re-opening while lower NZ tourism resulting in a lower rate of growth in demand • Core poultr
Slide 16: Q&A
For personal use only Q&A
Slide 17: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER For personal use only The material in this presentation is general background information about the activities of Inghams Group Limited (Ingham’s) and its subsidiaries (Ingham’s Group), and is current at the date of this presentation, unless otherwise noted. It is inf