Tasfoods Limited · ASX:TFL
Tasfoods — FY2016 Earnings Presentation
19 slides from Tasfoods's earnings presentation, Mar 9, 2017
Slide 1: 2016 Results Investor Presentation
2016 RE For personal use only SU INVESTO LTS R PRESE NTATIO N
Slide 2: TasFoods history and milestones timeline
For personal use only TasFoods was established in 2015 with an aim to build a portfolio of premium food brands that leverage the attributes of the provenance of Tasmania. 1980’s 2000’s Sep 2015 Nov - Feb Mar 2016 Jun 2016 Oct 2016 Feb 2017 Nichols Shima TasFoods 2015 TasFoods TasFoods Meander The Ta
Slide 3: Key Achievements for 2016
Key Achievements for 2016 • Capital raising of $25.39 million before costs to fund acquisitions For personal use only • Two significant acquisitions, being; Nichols Poultry for $9.36 million Shima Wasabi for $2.77 million • Purchase of a 500 head dairy goat herd and development of accommodation and
Slide 4: Market Research influences on Branding Strategy
Market Research influences on Branding Strategy • Understanding of where premium dairy and For personal use only chicken consumers choose to shop and eat – this is influencing distribution focus. • Understanding of consumer usage of premium dairy and chicken products – this is influencing product ra
Slide 5: Endorser Brand and Family of Brands
Endorser Brand and Family of Brands For personal use only
Slide 6: 2016 Financial Performance
2016 Financial Performance For personal use only 2016 2015 $’000 $’000 Sales Revenue 15,980 1,019 Profit/(loss) before tax from continuing operations (2,611) (2,096) Profit/(loss) after tax from continuing operations (2,982) (2,096) • Sales revenue increased by $14.961 million as • Each individual b
Slide 7: 2016 Financial Performance
2016 Financial Performance The loss from continuing operations of $2.6 million, reflects investment in key areas which underpin the growth strategy including: For personal use only • branding and marketing; • human resources to build both capability and capacity; • research and development; • non-ca
Slide 8: 2016 Financial Performance
2016 Financial Performance A number of non-recurrent items impacted the financial performance for 2016, a For personal use only reconciliation of the statutory loss to the operating loss is as follows: $’000 Statutory loss from continuing operations before tax (2,611) - Non-capitalised acquisition e
Slide 9: Financial Position
Financial Position 2016 2015 For personal use only $’000 $’000 • Net assets increased by $29.5 million which was Current Assets driven by the capital raising and subsequent - Cash and cash equivalents 11,862 2,799 acquisitions of Nichols Poultry, Shima Wasabi and - Receivabies 2,222 1,718 the goat h
Slide 10: 2017 Outlook
2017 Outlook For personal use only TasFoods intends to leverage from the investments made in 2016 to achieve the following in 2017: Grow sales revenue Building monthly run rate Increase gross profit across the group by: from a current run rate of margin by: $2.4 million. - optimising distribution; -
Slide 11: Nichols Poultry
For personal use only Nichols Poultry
Slide 12: Nichols Poultry 2017 Strategy
Nichols Poultry 2017 Strategy For personal use only Rebranding of Nichols range March 2017 into 3 brands; • Nichols Ethical Free Range - premium chicken • Nichols Kitchen - ready to cook range • Nichols Poultry - RSPCA approved barn raised chicken Launch of premium Ethical Free Range Ql 2017 Growth
Slide 13: Nichols Ethical Free Range Chicken
Nichols Ethical Free Range Chicken Standard developed to meet consumer For personal use only expectations for free range • 24 hour access to range • Small flocks of <1,500 birds • Natural lighting and ventilation Transparency of operations Tasmanian locational advantages • Free from fox predation •
Slide 14: Dairy Operation
For personal use only Dairy Operation
Slide 15: Dairy Growth Strategy
Dairy Growth Strategy For personal use only Launch of Robur Farm brand and range of goat milk products Ql 2017 Rebranding of Meander Valley Dairy range Q2 2017 Launch of new MVD product lines Q2 2017 Growth in revenue • New product sales to existing customers • Expand retail market • Expand food ser
Slide 16: Shima Wasabi
For personal use only Shima Wasabi
Slide 17: Shima Wasabi 2017 Strategy
Shima Wasabi 2017 Strategy For personal use only Rebranding of Shima Wasabi Q2 2017 Construction and plant out of second greenhouse Q2 2017 Growth in revenue • Expanded sales of fresh wasabi stems • Repackaging and branding of powdered wasabi into convenient retail packs with reduced price point • S
Slide 18: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation is provided by TasFoods Limited This presentation contains forward looking For personal use only ACN 084 800 902 (TasFoods) to provide summary statements, including statements of current intention, information about TasFoods and its subsidiaries and
Slide 19: 2016 Results
For personal use only 2016 RESULTS INVESTOR PRESENTATION General queries: P: (03) 6331 6983 E: admin@tasfoods.com.au Investor queries: Jane Bennett, CEO M: 0418 567 480 E: jane.bennett@tasfoods.com.au