Breville Group Limited · ASX:BRG
Breville — Shareholder Meeting (March 2016)
15 slides from Breville's shareholder meeting presentation, Mar 30, 2016
Slide 1: Breville Group Limited Annual General Meeting
Breville Group Limited Annual General Meeting 9 November 2011 Sydney
Slide 2: Chairman's Address
Chairman’s Address Mr John Schmoll
Slide 3: Group Results Highlights
Group Results Highlights Sales revenue $393.6m -0.2% – Continuing business^ sales revenue in constant currency +7.6% Underlying* EBITDA $58.2m +16.3% – Underlying* EBITDA in constant currency +22.6% PAT $31.7m +40.5% EPS 24.5 cents (FY10: 17.4 cents) +40.5% Underlying* return on equity# 23.3% (FY10:
Slide 4: Strong Growth in Earnings, Dividends and ROE
Strong Growth in Earnings, Dividends and ROE EPS and DPS Return on equity^^ 30.00 25.0% 25.00 20.0% cents per share 20.00 15.0% ROE % Earnings per share (basic)^ 15.00 10.0% Dividends per share 10.00 5.0% 5.00 0.0% FY07 FY08 FY09 FY10 FY11 - ^ represents underlying ^^ ROE means underlying* PAT divid
Slide 5: A Clear and Consistent Strategy
A Clear and Consistent Strategy The Breville Group remains focused on its strategy of delivering sustainable growth through its product innovation, brand management and distribution capabilities across an international platform. − Clear and consistent strategy - unchanged over several years. − Singu
Slide 6: Outlook
Outlook Economic & retail outlook: − Economic conditions remain uncertain. − Retail conditions expected to remain difficult. − Impact of further product cost pressures from China. − Deflationary pressures in some markets. − Ongoing foreign exchange volatility. Group well positioned for the future: −
Slide 7: CEO's Review of Operations
CEO’s Review of Operations Mr Stephen Audsley
Slide 8: Financial Results Summary
Financial Results Summary REPORTED UNDERLYING* A$ Million 2011 2010 % Chng 2011 2010 % Chng Sales revenue 393.6 394.4 (0.2%) 393.6 394.4 (0.2%) EBITDA 52.0 40.9 27.3% 58.2 50.1 16.3% EBIT 45.3 34.1 32.9% 51.5 43.3 19.1% PAT 31.7 22.6 40.5% 35.8 28.5 25.8% Basic EPS (cents) 24.5 17.4 40.5% 27.6 22.0
Slide 9: Foreign Exchange Impacts
Foreign Exchange Impacts An appreciating and fluctuating Australian Dollar 1.20 Transactional exposure − Purchases/sourcing in USD. 1.10 − International operations (US denominated revenue). Translational exposure AUD:USD exchange rate 1.00 − FX translation exposure is USD, NZD, CAD and HKD. − Moveme
Slide 10: North America
North America REPORTED UNDERLYING* A$ Million 2011 2010 % Chng 2011 2010 % Chng Sales revenue 124.4 129.8 (4.2%) 124.4 129.8 (4.2%) EBITDA 19.7 13.1 51.0% 19.7 14.0 40.8% EBITDA % 15.8% 10.1% 15.9% 10.8% EBIT 19.1 12.1 57.6% 19.1 13.1 46.3% EBIT % 15.4% 9.3% 15.4% 10.1% Strong growth in continuing b
Slide 11: International Distributors
International Distributors REPORTED UNDERLYING* A$ Million 2011 2010 % Chng 2011 2010 % Chng Sales revenue 44.2 31.6 40.1% 44.2 31.6 40.1% EBITDA 13.5 10.0 35.1% 13.6 10.1 34.1% EBITDA % 30.6% 31.7% 30.7% 32.1% EBIT 13.5 10.0 35.3% 13.5 10.1 34.3% EBIT % 30.6% 31.6% 30.6% 32.0% Strong performance: s
Slide 12: Australia
Australia REPORTED UNDERLYING* A$ Million 2011 2010 % Chng 2011 2010 % Chng Sales revenue 201.3 208.7 (3.5%) 201.3 208.7 (3.5%) EBITDA 21.5 24.0 24.1 (10.1%) (10.5%) 22.3 24.1 (7.3%) EBITDA % 10.7% 11.5% 11.1% 11.5% EBIT 20.2 22.3 22.4 (9.6%) (10.0%) 21.0 22.5 (6.7%) EBIT % 10.0% 10.7% 10.8% 10.4% 1
Slide 13: Financial Position at 30 June
Financial Position at 30 June A$ Million 2011 2010 Inventory 57.9 63.8 Receivables 67.3 68.0 Trade and other payables (59.1) (64.3) Working Capital 66.1 67.5 Fixed assets 5.1 7.7 Intangibles 70.0 68.5 Other (liabilities)/assets (net) (14.9) (2.7) NET ASSETS EMPLOYED 126.3 141.0 Cash (net) (27.3) (9.
Slide 14: "Food Thinkers"
“Food Thinkers” We are passionate about food and all that it entails - untapping the secrets of food preparation and cooking. Providing consumers with solutions that make all of us feel truly accomplished. Breville innovation and product development remains focused on empowering people to do things
Slide 15: We are FOOD THINKERS.
We are FOOD THINKERS. Breville