Regis Healthcare Ltd. · ASX:REG
Regis Healthcare — Morgans Queensland Conference 2016
17 slides from Regis Healthcare's conference presentation, Oct 11, 2016
Slide 1: For personal use only
For personal use only 12 October 2016
Slide 2: Contents
•1• For personal use only CONTENTS 01 Business overview and update •2• 02 Growth strategy •8• 03 Summary and outlook • 12 • 12 OCTOBER 2016
Slide 3: Business overview and update
•2• 01 For personal use only Business overview and update
Slide 4: Residential Aged Care Market
•3• RESIDENTIAL AGED CARE MARKET A substantial segment of the healthcare services sector with strong industry growth metrics For personal use only KEY INDUSTRY DYNAMICS1 RESIDENTIAL AGED CARE SECTOR COMPOSITION IN ◼ $15.8 billion industry size by annual revenue AUSTRALIA1,2 Govt. ◼ $10.4 billion of
Slide 5: Portfolio Overview
•4• PORTFOLIO OVERVIEW Regis is one of the largest private providers of residential aged care in Australia For personal use only ◼ Regis is one of the largest private providers of residential aged care in Australia >20 ◼ The portfolio is one of the most geographically diversified portfolios in Austr
Slide 6: Growth Through Development and Acquisition
•5• GROWTH THROUGH DEVELOPMENT AND ACQUISITION Growth by operational places of 62% over 8 years For personal use only Timeline of portfolio growth 5,880 6,000 Operational Places 5,049 5,000 4,719 4,581 Merger 4,469 4,040 4,164 3,836 No. of places 4,000 3,620 Growth since FY08 driven by: 3,000 Acqu
Slide 7: Portfolio Overview
•6• PORTFOLIO OVERVIEW Regis continues to execute its growth strategy For personal use only Total AGED CARE PORTFOLIO STATISTICS operational places As at 1 September Total Number of Facilities 54 6,027 Total places1 7,619 54 facilities Total operational places 6,027 Total rooms 5,263 Total single be
Slide 8: Resident Profile
•7• RESIDENT PROFILE The majority of residents1 are continuing to choose to pay a RAD whilst full DAPs have increased For personal use only ◼ The majority of permanent, non supported residents1 still chose to pay PROFILE OF ACCOMMODATION PAYMENT TYPES a full RAD in 2HFY16 FOR INCOMING RESIDENTS5 ◼ T
Slide 9: Growth Strategy
For personal use only Growth Strategy •8• 02
Slide 10: Consistent Growth Strategy
•9• CONSISTENT GROWTH STRATEGY Taking advantage of industry growth and consolidation to leverage existing portfolio For personal use only GROWTH STRATEGY – FOUR LEVERS • Regis has acquired 3 single Facilities since November 2014, adding 444 places to the portfolio Acquisition of single facilities •
Slide 11: Consistent Growth Strategy: Growth strategy execution continues
• 10 • CONSISTENT GROWTH STRATEGY Growth strategy execution continues For personal use only THE COMPANY MAINTAINS ITS FOCUS ON THE EXECUTION OF ITS GROWTH STRATEGY THROUGH: ◼ Optimising the location of its assets – continuing to focus principally on urban locations ◼ Ensuring efficient Facility size
Slide 12: Overview of Developed Portfolio in FY20
• 11 • OVERVIEW OF DEVELOPED PORTFOLIO IN FY20 Quality focus continues as the company executes the current development pipeline For personal use only PREDICTED AGED CARE PORTFOLIO STATISTICS Total Estimated as at end of FY20 Total operational places Number of Facilities 62 Total operational places 7
Slide 13: Summary and Outlook
• 12 • 03 For personal use only Summary and Outlook
Slide 14: Financial Highlights FY16
• 13 • FINANCIAL HIGHLIGHTS FY16 Continued growth, in line with expectations For personal use only Revenue of Normalised1 EBITDA of Normalised1 NPAT of $480.7m $105.1m $56.8m 12% higher than 20% higher than 24% higher than Normalised FY152 Normalised FY152 Normalised FY152 ◼ Revenue increase from be
Slide 15: FY17 Outlook
• 14 • FY17 OUTLOOK Positive FY17 Outlook for EBITDA and NPAT For personal use only FY17 OUTLOOK ◼ FY17 EBITDA is anticipated to be at least 15% in excess of normalised FY16, underpinned by: ● Increased income from supported residents at Significantly Refurbished facilities and greater contribution
Slide 16: In Summary
• 15 • IN SUMMARY Regis maintains its focus on the execution of its growth strategy For personal use only ◼ The development program continues to ramp up: ● 211 new places were delivered in FY16 ● The expansion pipeline now includes 1,404 new places (1,140 net additional places) ● Success in gaining
Slide 17: Important Notice
• 16 • IMPORTANT NOTICE For personal use only This presentation contains general information about the activities of Regis Healthcare Limited (Regis) which is current as at 25 August 2016. It is in summary form and does not purport to be complete. It presents financial information on both a statutor
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