Maggie Beer Holdings Ltd. · ASX:MBH
Maggie Beer — Shareholder Meeting (October 2023)
22 slides from Maggie Beer's shareholder meeting presentation, Oct 31, 2023
Slide 1: Annual General Meeting
NAME OF SECTION ASX Annual General Meeting 31ST October 2023
Slide 2: AGM Agenda
AGM Agenda Chair: Opening & Introduction Procedural Matters Chair’s Address CEO: Recap of FY23 Results FY24 Q1 Results FY24 Q2 Initiatives FY24 Priorities & Outlook Chair: Business of the meeting MBH AGM 2
Slide 3: Chair's Address
Chair’s Address Chair’s Address
Slide 4: Executive Leadership Team
EXECUTIVE LEADERSHIP TEAM Kinda Grange Craig Louttit Chief Executive Officer Chief Financial Officer Joined March ‘23 Joined July ‘23 MBH AGM 4
Slide 5: Strategy Recap
STRATEGY RECAP Realising the untapped potential of our assets OPTIMISE & EXPAND THE SCALE E-COMMERCE UNIFY ASSETS MAGGIE BEER BRAND PLATFORM • Retain PCF asset and invest in • Grow the core by increasing • Strengthen the foundations in capacity and capability in value penetration in existing retail
Slide 6: FY23 Results
FY23 Results
Slide 7: FY23 Snapshot of Financial Results
FY23 SNAPSHOT OF FINANCIAL RESULTS 1 Results consistent with update at 30 May 2023 NET SALES TRADING NPAT BALANCE EBITDA2 SHEET $88.7m $3.2m $0.8m $9.2m In cash & no debt4 -1.4% vs. FY22 ($7.3m) vs. FY22 ($1.6m) vs. FY22 MBP $6.5m operating cashflow. Made up of: HGA ($2m) at GM Strong position enabl
Slide 8: FY24 Q1 Results
FY24 Q1 Results Q1 FY24 REVIEW
Slide 9: FY24 Priorities
FY24 PRIORITIES Focus on optimising core operations and investments to strengthen brands, accelerate innovation and enhance the customer experience OPTIMISE & EXPAND THE SCALE E-COMMERCE UNIFY ASSETS MAGGIE BEER BRAND PLATFORM • PCF cheese capex investment • Grow distribution in core ranges • Execut
Slide 10: Q1 FY24 Progress
Q1 FY24 PROGRESS OPTIMISE & EXPAND THE SCALE E-COMMERCE UNIFY ASSETS MAGGIE BEER BRAND PLATFORM ✓ PCF cheese project: gained strong ✓ Increased distribution in core ranges: ✓ Martech enhancements implemented momentum: Ash Brie transition, key - Cheddar 4 SKUs launched in Metcash ✓ Personalised corpo
Slide 11: Q1 FY24 - Group
Q1 FY24 - GROUP Net sales decreased by 10.6% on Q1 FY23, with retail sales down 4.8% and ($'000) Q1 FY23 Q1 FY24 % Change e-commerce sales down 19.9%. Retail Sales 10,912 10,384 -4.8% E-commerce sales have been impacted by contraction in the hamper E-Commerce Sales 6,745 5,405 -19.9% category reflec
Slide 12: FY24 Q2 Initiatives
<< = FY24 Q2 Initiatives
Slide 13: E-commerce Initiatives
E-commerce Initiatives To be the first choice of hampers & gifts, creating extraordinary gifting experiences and delivering joy to every recipient with ease. We will heighten the enjoyment of food, beverage and indulgent moments over the festive season. Events & Promotions New Product Ranges Marketi
Slide 14: New Product Ranges
New Product Ranges Setting the foundation for a more diversified e-commerce business Christmas Hampers New Occasions New Categories New Verticals Maggie Grazing Beer Bridesmaids Travel Hamper Grazing Corporate Pet Emporium MBH AGM 14
Slide 15: New Product Ranges: Partnerships/Collaborations
New Product Ranges: Partnerships/Collaborations Premium brand partnerships to elevate and further differentiate our offer across existing and new occasions Maggie Beer Penfolds Curatif Cocktails Frank Green MBH AGM 15
Slide 16: Website Christmas Themes
Website Christmas Themes The Hamper Emporium Maggie Beer ‘Signature’ Gifts Australia 16 MBH AGM
Slide 17: New Brand Creative: Make it a Maggie Moment
New Brand Creative: “Make it a Maggie Moment” MBH AGM 17
Slide 18: Maggie Beer Brand Marketing
Maggie Beer Brand Marketing Above the line Advertising Digital Advertising Retail Activation *All creative to be finalised 18 MBH AGM
Slide 19: Summary & Outlook
Summary & Outlook SUMMARY & OUTLOOK
Slide 20: Outlook
OUTLOOK FY24 FOCUS • Investing in marketing, analytics and e-commerce capability to set a strong foundation for FY25 • Optimising our assets • Innovating and expanding our ranges • Building new categories and partnerships OUTLOOK • MBH focused on leveraging strengths to meet shifting consumer habits
Slide 21: End
End
Slide 22: Disclaimer
DISCLAIMER Important Notice and Disclaimer This presentation has been prepared by Maggie Beer Holdings Ltd (MBH) to provide summary information about MBH and its subsidiaries. This presentation is provided for information purposes only. The information in this presentation is in a summary form, does
Maggie Beer Holdings — Shareholder Meeting (October 2023) on 6ix