Gale Pacific Limited · ASX:GAP
Gale Pacific — Shareholder Meeting (October 2015)
42 slides from Gale Pacific's shareholder meeting presentation, Oct 30, 2015
Slide 1: Group Managing Director's Presentation
For personal use only GALE Pacific Group Managing Director’s Presentation October 30th 2015
Slide 2: Strategy Update
For personal use only STRATEGY Heading UPDATE Sub Heading
Slide 3: Operating Philosophy
For personal use only Operating Philosophy
Slide 4: Key Strategies
Key Strategies For personal use only Make our brands really matter Build our execution capability Simplify & align the business Focused business expansion Develop the team for growth
Slide 5: Key Achievements - Structure
Key Achievements - Structure For personal use only Global Structure Global Supply Chain Model A new, more global First steps towards a more global organisation structure supply chain model have already aligned with & supporting the resulted in sizeable inventory strategy reductions, fewer suppliers
Slide 6: Key Achievements – Brands
Key Achievements – Brands For personal use only 14 brands reduced to 5 Investment in less brands to make them more meaningful
Slide 7: Key Brands
4 Key Brands For personal use only DIY Shadecloth Pool Fencing Window Furnishings Architectural Shade Portable Shade Balustrade Homewares Horticultural Shade Shade Sails Mirrors Agricultural Fabrics Synthetic Grass Splashbacks Construction Fabrics Mining Fabrics
Slide 8: Key Achievements – Brands (continued)
Key Achievements – Brands (continued) For personal use only
Slide 9: Key Achievements – Product Categories
Key Achievements – Product Categories For personal use only Ergonomic Seating Pet Kennels Bath Mats Hammocks Folding Doors Cable Ties Product category strategy defined Plans to exit non-strategic categories & focus on core business
Slide 10: Key Achievements – Innovation
Key Achievements – Innovation For personal use only Strong new product pipeline established in core categories Establishing technical alliances to assist in creating more innovative products Building consumer insights to Technical Fabrics Cord-Safe Blinds drive new product development Significant sa
Slide 11: Key Achievements – Collaboration
Key Achievements – Collaboration For personal use only Collaboration across regions and also with suppliers & customers Collaborative supplier partnerships driving cost & service Global leadership team improvements established Reducing duplication & taking advantage of scale Sharing ideas & marketin
Slide 12: Key Achievements – Service
Key Achievements – Service For personal use only Increases in key service level metrics, particularly in Australia Building stronger customer service culture company-wide
Slide 13: Key Achievements – Selling Regions
Key Achievements – Selling Regions For personal use only FROM Goal of accelerating growth outside of Australia More localised selling model implemented to improve service & reduce cost Dissolved “Other International” division Created Eurasia region, based in Shanghai Changes aimed at servicing overs
Slide 14: Key Achievements – Digital Strategy
Key Achievements – Digital Strategy For personal use only Digital strategies developed for all brands New brand websites built New GALE Pacific corporate website launched Ongoing investments to engage with consumers
Slide 15: Efficiency & Effectiveness
For personal use only EFFICIENCY Heading & EFFECTIVENESS Sub Heading
Slide 16: Efficiency and effectiveness
Efficiency and effectiveness For personal use only China Manufacturing New Product Extrusion Coating Pricing Model Development Technology Upgrade Global Supply Chain International Market I.T. Optimisation Model & Product Review
Slide 17: China Manufacturing Pricing Model
China Manufacturing Pricing Model For personal use only China manufacturing operation changed to a cost centre effective 1 July 2015 Improved visibility of regional profitability Focus transitioned to quality, efficiency & service
Slide 18: New Product Development
New Product Development For personal use only Research & development processes strengthened Focus on fewer, but larger, more global projects Strong new product pipeline & impressive range wins New Research & Development centres under construction in Australia & China
Slide 19: Extrusion Coating Technology Upgrade
Extrusion Coating Technology Upgrade For personal use only New operating system & scanning technology for Australian-based extrusion coating plant Quality improvements & production efficiencies already being achieved
Slide 20: Efficiency and effectiveness (cont.)
Efficiency and effectiveness (cont.) For personal use only Global Supply Chain International Market & I.T. Optimisation Model Product Review
Slide 21: Regions
For personal use only Heading REGIONS Sub Heading
Slide 22: Australasia
Australasia For personal use only Major Projects – conversion Warehouse – consolidation Ranging Wins – new business from Highgrove to Everton pool fencing continued with further reductions secured in both retail & commercial completed & sales now strong. ZONE planned. Supply chain improvements secto
Slide 23: Other Regions
Other Regions For personal use only Ladies Club – Dubai, UAE Coolaroo Window Awnings - Japan Coolaroo Window Shades – Sam’s Club, USA Gale Pacific Special Textiles – Beilun, China Big 5 Show – Dubai, UAE Eurasia – new leadership, based in Shanghai. The region will Americas – strong Middle East adopt
Slide 24: Looking Forward
For personal use only LOOKING Heading FORWARD Sub Heading
Slide 25: For personal use only
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Slide 26: For personal use only
For personal use only Brands – Invest in 4 global brands Products – Focus on our core and exit non-core categories Digital – Build an integrated platform to engage consumers in each category Innovation – Deliver real innovation in our core, underpinned by consumer insights
Slide 27: Coolaroo Brand Investment
Coolaroo Brand Investment For personal use only
Slide 28: For personal use only
For personal use only Brands – Invest in 4 global brands Products – Focus on our core and exit non-core categories Digital – Build an integrated platform to engage consumers in each category Innovation – Deliver real innovation in our core, underpinned by consumer insights
Slide 29: For personal use only
For personal use only Brands – Invest in 4 Information global brands Technology – Build a stronger, globally aligned technology platform Manufacturing – Create a focused, efficient and agile Products – Focus on manufacturing base our core and exit non-core categories Procurement – Engage with a smal
Slide 30: For personal use only
For personal use only Brands – Invest in 4 Information Warehouse Facilities global brands Technology – Build a – Continue to reduce stronger, globally the number of aligned technology Australian platform warehouses Manufacturing – Reporting – Create a focused, Standardise and efficient and agile str
Slide 31: Supply Chain Improvement
Supply Chain Improvement For personal use only A new Retail warehouse in Victoria The new facility, coupled with the is now operational and supports the company’s I.T. strategy, will enable consolidation of a warehouse and all retail product brands to be external storage, enabling cost shipped on a
Slide 32: For personal use only
For personal use only Brands – Invest in 4 Information Warehouse Facilities Core Markets – Invest global brands Technology – Build a – Continue to reduce for growth in Australia, stronger, globally the number of Middle East, USA, aligned technology Australian Canada and New platform warehouses Zeala
Slide 33: For personal use only
For personal use only Brands – Invest in 4 Information Warehouse Facilities Core Markets – Invest Performance Culture – global brands Technology – Build a – Continue to reduce for growth in Australia, Build a performance stronger, globally the number of Middle East, USA, culture aligned to aligned t
Slide 34: For personal use only
For personal use only Brands – Invest in 4 Information Warehouse Facilities Core Markets – Invest Performance Culture – global brands Technology – Build a – Continue to reduce for growth in Australia, Build a performance stronger, globally the number of Middle East, USA, culture aligned to aligned t
Slide 35: Outlook
For personal use only Heading OUTLOOK Sub Heading
Slide 36: Business of the Meeting
For personal use only BUSINESS Heading OF THE MEETING Sub Heading
Slide 37: Financial and Related Reports
ITEM 1 - Financial and Related Reports For personal use only To receive and consider the Financial Report of the Company and its controlled entities and the related Directors’ and Auditor’s Reports in respect of the financial year ended 30 June 2015.
Slide 38: Adoption of Remuneration Report
ITEM 2 - Adoption of Remuneration Report (Non-binding Vote) For personal use only That the Remuneration Report of the Company and its controlled entities for the year ended 30 June 2015 be adopted. The vote on this item is advisory only and does not bind the Directors or the Company.
Slide 39: Proxies for Adoption of the Remuneration Report
Proxies for resolution for the Adoption of the Remuneration Report For personal use only For: 97,051,128 Against: 1,581,947 Open-Useable: 11,241,104 Open-Conditional: 0 Open-Unusable: 0 Abstain: 178,423 Excluded: 3,321,302 Total: 113,373,904
Slide 40: Re-election of Director
ITEM 3 - Re-election of Director For personal use only That Mr David Allman, having retired from his office as a Director in accordance with rule 7.1(f) of the Company’s constitution and, being eligible under rule 7.1(h) of the Company’s constitution, having offered himself for re-election, be re-el
Slide 41: Proxies for Re-election of Director
Proxies for resolution for the Re-election of Director For personal use only For: 101,656,332 Against: 276,468 Open-Useable: 11,241,104 Open-Conditional: 0 Open-Unusable: 0 Abstain: 200,000 Excluded: 0 Total: 113,373,904
Slide 42: 2015 Annual General Meeting Closure
For personal use only GALE Pacific 2015 Annual General Meeting Closure October 30th 2015