Sigma Healthcare Ltd · ASX:SIG
Sigma Healthcare — Shareholder Meeting (May 2023)
16 slides from Sigma Healthcare's shareholder meeting presentation, May 17, 2023
Slide 1: Annual General Meeting 2023
Annual General For personal use only Meeting 2023 17 May 2023
Slide 2: Chairman Michael Sammells
For personal use only Michael Sammells Chairman We acknowledge the Wurundjeri people of the Kulin Nation and acknowledge them as the Traditional Custodians of the land on which we meet today. We pay our respects to their Elders past, present and emerging. Sigma Healthcare Limited - Annual General Me
Slide 3: Board of Directors
Board of Directors For personal use only Michael Sammells Vikesh Ramsunder David Manuel Christine Bartlett Kathryn Spargo Neville Mitchell Annette Carey Sigma Healthcare Limited - Annual General Meeting 2023
Slide 4: Order of Business
Order of Business 1. Chairman and CEO address For personal use only 2. Formal items of business – Financial Statements and Reports – Remuneration Report – Re-election of Directors – Remuneration arrangements for the MD and CEO – Amendment of Rule 3.6 of Company’s Constitution – re-election of Direct
Slide 5: Acknowledgement
Acknowledgement For personal use only Ray was a significant contributor to Sigma since joining the Board in July 2010. He was a mentor to many people, he had an incredible work ethic, strong values and genuinely cared for people. Ray has left a strong legacy and is truly missed. Sigma Healthcare Lim
Slide 6: FY2023 At A Glance
FY2023 At A Glance A period of significant challenge, transformation, renewal and progress For personal use only ▪ New CEO commenced in February 2022 ▪ ERP – system stabilised with focus on optimisation ▪ Key customer metrics exceeding previous performance ▪ Announced revitalised strategy ▪ Renewed
Slide 7: Strategy
Strategy Our Strategy The benefits from the execution of our strategy For personal use only will begin to be realised over the next two years 1 Grow scaletheand profitable market share in wholesale business • Capacity and capability has been created Divest non-core assets and continue to 2 simplify
Slide 8: Sustainability
Sustainability • Third Sustainability Report released on 17 April 2023 For personal use only • Access to medicines - we delivered over 120m PBS Environmental – Reduce our impact on the medicines and over 230m units across Australia environment and create a pathway to carbon neutrality • Lost Time In
Slide 9: Thanks
For personal use only Thanks
Slide 10: Vikesh Ramsunder, CEO and Managing Director
For personal use only Vikesh Ramsunder CEO and Managing Director 1. Overview of financial performance 2. Update on operational performance 3. Retail brand strategy 4. Current year update Sigma Healthcare Limited - Annual General Meeting 2023
Slide 11: Financial Performance for FY23
Financial Performance for FY23 For personal use only • Net Sales up 6.2% to $3.7 billion • Earnings Before Interest and Tax (EBIT) up 733% to $19.3 million • Net Profit After Tax (NPAT) of $1.8 million, up from a $7.2 million loss in FY22 • Good progress in simplifying our business and strengthening
Slide 12: Operational Performance
Operational Performance For personal use only • Sustained improvement in operational Delivery in full (DIF) performance 99.1% 99.4% 99.1% 98.3% 98.6% 98.4% 98.5% 98.5% • We have delivered over 230 million units in 94.3% the year 88.5% 88.8% • Delivery in Full has recovered and has been sustained at
Slide 13: Brand Strategy
Brand Strategy Strategy focused on supporting two brands For personal use only moving forward – Amcal and Discount Drug Stores 1. Removes complexity 2. Provides scale to deliver a private and exclusive label strategy 3. Enables brand positioning with consumer Launched PriceSave as an independent who
Slide 14: Current year update
Current year update For personal use only • Sigma operates in a low margin, highly regulated environment, and in more defensive categories • Sales year to date are up 5.3% • Confirming FY24 EBIT guidance of $26m to $31m • 60-day dispensing – working with our brand members and supply chain • Reflecti
Slide 15: Important Notice
Important Notice For personal use only The information contained in this presentation about Sigma Healthcare Limited and its subsidiaries (Sigma) is designed to provide an overview of the financial and operational highlights for Sigma for the full year period ending 31 January 2023; and a high level
Slide 16: Thank you
For personal use only Thank you