Synlait Milk Ltd. · NZX:SML
Synlait Milk — Macquarie Australia Conference 2019
21 slides from Synlait Milk's conference presentation, May 2, 2019
Slide 1: Macquarie Australia Conference 2019
For personal use only Macquarie Australia Conference 2019 Synlait Milk Limited 2019 I PG 1
Slide 2: Young, pioneering New Zealand-based company
I PG 2 Synlait Milk Limited 2019 For personal use only We are a young, pioneering New Zealand-based company that is shifting perceptions and driving $879.0m FY18 REVENUE ↑ 26% CAGR SINCE FY09 value through new thinking, and a new attitude. We harness New Zealand’s natural assets, and combine expert
Slide 3: Our Purpose: Doing Milk Differently for a Healthier World
I PG 3 OUR PURPOSE Synlait Milk Limited 2019 For personal use only DOING MILK DIFFERENTLY FOR A HEALTHIER WORLD Being Different Essential Nutrition Sustainability Our company was born disruptive. It is this The milk nutrition products we People and planet underpin all we do. spirit that has driven o
Slide 4: Doing Milk Differently
I PG 4 Synlait Milk Limited 2019 For personal use only DOING MILK • Significant opportunity with category size and growth: - Total size of global IN market = US$54.3 billion(1) DIFFERENTLY - China growth: 16% CAGR over 10 years - NZ exports have tripled in the past three years • Synlait is the large
Slide 5: For a Healthier World
I PG 5 Synlait Milk Limited 2019 For personal use only • This is the problem of our age and we’re a big part of it FOR A • We are committed to changing our company and HEALTHIER inspiring positive change: - Reducing greenhouse gas emissions on and off farm WORLD - Eliminating water degradation - Inc
Slide 6: Synlait's Integrated and Differentiated Value Chain
I PG 6 SYNLAIT’S INTEGRATED AND DIFFERENTIATED VALUE CHAIN Synlait Milk Limited 2019 For personal use only RESEARCH + CATEGORY DEVELOPMENT - Dedicated R&D facility at Palmerston North - Focus on innovating production and process - New product development in attractive DIFFERENTIATED categories and m
Slide 7: Manufacturing Excellence
I PG 7 MANUFACTURING CONTRACTED FARMS Synlait Milk Limited 2019 APPROX. 200, TOTAL SUPPLY EXCELLENCE APPROX. 65M kgMS For personal use only Significant investments in major growth projects Infant Nutrition Ingredients Everyday Dairy Project (NZ$ millions) Pokeno Wetmix and Dryer 260 WETMIX KITCHENS
Slide 8: Our Geographic Footprint
I PG 8 AUCKLAND CANNING Synlait Milk Limited 2019 • SAMR registration in progress POKENO For personal use only • Plant on schedule for 2019 / 2020 milk season commissioning • A1 protein-free and Lead With PrideTM milk pools being formed OUR GEOGRAPHIC FOOTPRINT PALMERSTON NORTH • R+D staff to grow f
Slide 9: We Are a Growth Company
I PG 9 WE ARE A GROWTH COMPANY Synlait Milk Limited 2019 For personal use only NZ$ millions Revenue and EBITDA 1,000 As we enter the next phase of 879.0 Synlait’s evolution we retain our 900 26% Revenue Growth CAGR growth company mentality. 800 759.0 700 Synlait has grown from start-up to 600.5 140,
Slide 10: Track Record of Successful Asset Builds
I PG 10 TRACK RECORD OF SUCCESSFUL ASSET BUILDS Synlait Milk Limited 2019 For personal use only NZ$ millions Net Operating Assets and Gearing Net Debt / EBITDA 600 12.0x After a period of consolidation, our strong balance sheet has facilitated 493.3 500 10.0x our second major growth phase and 455.2
Slide 11: Our Strategy
I PG 11 Synlait Milk Limited 2019 DOING MILK DIFFERENTLY For personal use only Our Categories OUR Infant Nutrition Everyday Dairy Ingredients Adult Nutrition STRATEGY FOR A HEALTHIER WORLD Our Sustainable Value Chain Environment People Enterprise
Slide 12: Our Strategy
I PG 12 Synlait Milk Limited 2019 DOING MILK DIFFERENTLY For personal use only Our Categories OUR Infant Nutrition Everyday Dairy Ingredients Adult Nutrition STRATEGY FOR A HEALTHIER WORLD Our Sustainable Value Chain Environment People Enterprise
Slide 13: Infant Nutrition
I PG 13 INFANT NUTRITION Synlait Milk Limited 2019 For personal use only Infant Nutrition business continues to Global portfolio of Infant Nutrition customer partnerships grow strongly – on track to deliver 41,000 - 45,000 MT in FY19 (vs. 35,580 MT in FY18). Expanding capacity with our second infant
Slide 14: Everyday Dairy
I PG 14 EVERYDAY DAIRY Synlait Milk Limited 2019 For personal use only Advanced Liquid Dairy Packaging Facility is now operational and is undertaking export registrations for the China market. Developing new liquid nutrition categories in attractive export segments. Talbot Forest Cheese acquisition
Slide 15: Ingredients + Lactoferrin
I PG 15 INGREDIENTS + LACTOFERRIN Synlait Milk Limited 2019 For personal use only Integrated Work Systems (IWS) manufacturing Synlait has developed world leading infant grade programme has delivered significant manufacturing lactoferrin manufacturing technology and we efficiencies, with 12.4% more m
Slide 16: Our Strategy
I PG 16 Synlait Milk Limited 2019 DOING MILK DIFFERENTLY For personal use only Our Categories OUR Infant Nutrition Everyday Dairy Ingredients Adult Nutrition STRATEGY FOR A HEALTHIER WORLD Our Sustainable Value Chain Environment People Enterprise
Slide 17: For personal use only
I PG 17 Synlait Milk Limited 2019 For personal use only Source: Global Footprint Network, www.footprintnetwork.org.
Slide 18: We're Taking a Stand
For personal use only WE’RE TAKING A STAND Synlait Milk Limited 2019 I PG 18
Slide 19: Environment, People, Enterprise
I PG 19 Environment Synlait Milk Limited 2019 Synlait’s net business impact is positive For personal use only for the planet. Regenerative agriculture, manufacturing + supply chain. Circular Welfare economy Water ENVIRONMENT Climate World class change supply chain “Doing milk differently for Safe fo
Slide 20: Living Well, Within the Boundaries of Our Planet
For personal use only LIVING WELL, WITHIN THE BOUNDARIES OF OUR PLANET Synlait Milk Limited 2019 I PG 20
Slide 21: Thank You
I PG 21 Synlait Milk Limited 2019 For personal use only DOING MILK DIFFERENTLY FOR A HEALTHIER WORLD Thank You