Car Group Limited · ASX:CAR
Car — carsales.com — Shareholder Meeting (October 2015)
28 slides from Car's shareholder meeting presentation, Oct 23, 2015
Slide 1: Annual General Meeting presentation 23 October 2015
1 For personal use only Annual General Meeting presentation 23 October 2015
Slide 2: Disclaimer and Non-IFRS Information
2 Disclaimer and Non-IFRS Information Disclaimer For personal use only The material in this presentation has been prepared by carsales.com Limited (ASX: CAR) ABN 91 074 444 018 (“carsales") and is general background information about carsales’ activities current as at the date of this presentation.
Slide 3: Key Messages to June 2015
3 For personal use only Key Messages to 30 June 2015
Slide 4: Organisational Structure
4 Organisational Structure For personal use only Acquired NEW 12 March 2015 Acquired NEW 26 June 2015 NEW Completed October 2015
Slide 5: Overview of FY15
5 Overview of FY15 For personal use only FINANCIAL OVERVIEW • Another record full year result. REPORTED • FY15 pcp growth in revenue of 32%, EBITDA of 12% and NPAT (before one-off REVENUE up gains and post NCI) of 4%. Reported NPAT post NCI up 8% to $103m. 32% to $312m DOMESTIC OVERVIEW • Continued
Slide 6: Reported Group Financial Performance to June 2015
6 For personal use only Reported Group Financial Performance to 30 June 2015
Slide 7: Financial Overview
7 Financial Overview • Strong growth in revenue rising to $311.8m, up by 32% on pcp. $A Millions Growth Year Ending 30 June 2015 FY14 FY15 $'s % • Operating expenses (before interest and D&A) up 62% on pcp For personal use only Revenue predominantly due to Stratton acquisition (see slide 9 for furth
Slide 8: Financial Overview continued…
8 Financial Overview continued… • Reported EBITDA margin has increased from 48.3% in H1 Reported EBITDA Margin Bridge For personal use only FY15 to 49.5% for the FY15 financial year. The acquisition of Stratton is the principle reason for the decrease in margin from 58.7% in FY14 to 49.5% in FY15 (s
Slide 9: carsales Domestic to June 2015
9 For personal use only carsales Domestic to 30 June 2015
Slide 10: Domestic Revenue Performance - Summary
10 Domestic Revenue Performance - Summary FY15 SEGMENT REVENUE For personal use only $A Millions Growth Year Ending 30 June 2015 FY14 FY15 $'s % Operating Revenue Dealer 105.2 112.9 7.7 7% Private 39.9 43.0 3.1 8% Display 58.8 60.6 1.8 3% Data, Research and Services* 29.1 33.0 3.9 14% Finance and Re
Slide 11: Domestic Revenue Performance by Segment
11 Domestic Revenue Performance by Segment Dealer revenue up 7% on pcp to $112.9m Dealer For personal use only Millions Millions Pleasing dealer automotive enquiry volume up 4.4% on pcp. Beginning to see positive signs on new car inventory and enquiry volumes. Growth from increased yield across the
Slide 12: Domestic Revenue Performance by Segment
12 Domestic Revenue Performance by Segment Data, Research and Services revenue up 14% to $33.0m Data, Research and Services For personal use only Millions Solid continued growth in Livemarket and Livetrade products. Redbook Australia continued to perform well and maintained its double digit growth.
Slide 13: New Domestic Investments
13 New Domestic Investments Ratesetter For personal use only Stratton and carsales acquired 20% of the Ratesetter business during the year for approximately $10m. Ratesetter is an innovative peer-to-peer financier that provides excellent synergies for short term or low priced vehicle finance. Will b
Slide 14: carsales International to June 2015
14 For personal use only carsales International to 30 June 2015
Slide 15: International Portfolio
15 International Portfolio For personal use only • International Key Highlights • International now accounts for around 10% of our business. • Double digit revenue growth rates maintained across International. • Investment continuing to position for future growth. • SoloAutos acquisition completed O
Slide 16: Asia – Underlying Results
16 Asia – Underlying Results SKENCARSALES Financials (49.9% Owned - Equity Accounted by CAR) For personal use only 12 months to June 12 months to June Pro-Forma (100%) PCP 30, 2014 30, 2015 KRWb KRWb % Underlying Revenue* 19.0 24.9 31% Strong Financial Results. Reported EBITDA N/A 15.9 N/A Reported
Slide 17: Latin America – Underlying Results
17 Latin America – Underlying Results WebMotors Financials (30% owned - Equity Accounted by CAR) For personal use only 12 Months to June 12 Months to June Pro-Forma (100%) PCP 30, 2014 30, 2015 BRLm BRLm % Reported Revenue 72.8 87.7 20.5% Reported EBITDA 28.1 23.5 (16.3%) Reported EBITDA (%) 38.6 26
Slide 18: Investment in Mexico
18 Investment in Mexico Mexico presents an attractive market for investment For personal use only Second largest economy in Latin America (behind Brazil). Population of over 120 million people; internet usage at around 59 million. Mexico’s 2015 first quarter new car sales volumes increased 22% year
Slide 19: Outlook to June 2016
19 For personal use only Outlook to 30 June 2016
Slide 20: Performance Outlook
20 Performance Outlook For personal use only carsales Domestic Outlook • Affirms: - Domestic trading performance in the first quarter was solid and we expect this to continue throughout the first half assuming market conditions remain unchanged. • Affirms: - We remain well positioned for continued g
Slide 21: New Product Releases to June 2015
21 For personal use only New Product Releases to 30 June 2015
Slide 22: Apple Watch
For personal use only Apple Watch 22
Slide 23: Location Search
For personal use only Location Search 23
Slide 24: Dealer Premium Products
24 Dealer Premium Products For personal use only
Slide 25: LiveConnect
For personal use only LiveConnect 25
Slide 26: One Autogate for cars
26 One Autogate for cars For personal use only
Slide 27: Dealer Self Service
27 Dealer Self Service For personal use only
Slide 28: For personal use only
For personal use only