Woolworths Holdings Limited · JSE:WHL
Woolworths — Investor Presentation (February 2002)
9 slides from Woolworths's investor presentation, February 2002
Slide 1: Country Road
COUNTRY ROAD
Slide 2: Country Road performance
country road performance Dec Dec 2000 % 2001 m Change m Turnover Total A$ 142 140 1.6 Australasia – A$ continuing 103 102 0.8 USA – discontinued US$ (2.4) 20 21 000’s 000’s Net profit before tax Total A$ (3 297) - 258 Australasia – A$ (1 207) - continuing 294
Slide 3: Key points on future strategy
country road key points on future strategy • Exited the US market in January 2002 • Focus on Australasian market • Clarity on brand proposition and brand vision “Country Road is the embodiment of the modern Australian lifestyle. The brand is characterised by natural style, simple design, authenticit
Slide 4: Key points on future strategy (cont.)
country road key points on future strategy (cont.) • Continued roll-out of e-volution: - Further efficiencies - Improve availability of flow and seasonal merchandise through transformation of planning systems and processes • Change perceptions of price and quality through: - Key value item programme
Slide 5: Operations
country road operations • Franchise deal in Gulf • Deal signed for 13 stores over 3-5 years 2002 First store opens in Dubai in September • Exploring Asian market • Heads of agreement with Li & opportunity Fung for further expansion in the East Deal to be finalised by end February • One international
Slide 6: Operations (cont.)
country road operations (cont.) • Improved sourcing model • Reviewing agency relationship - decision end February New model established through e-volution rolled out in next 12 months Availability of flow merchandise and fast response of fashion • Absolute focus on product product a key focus • Stra
Slide 7: Risks
woolworths holdings risks • Sustainability of Woolworths textiles performance • Ability to turnaround Country Road • Local economy
Slide 8: Country Road results: income statement
country road results income statement Australasia Dec Dec % Continuing 2001 2000 Change operations Rm Rm Revenue 506 417 21.4 Turnover 505 415 21.7 Other revenue 1 2 (33.3) Expenses 496 421 17.8 Merchandise cost 249 192 29.7 Operating cost 247 229 7.6
Slide 9: Woolworths Holdings Limited Feb 2002
W WOOLWORTHS woolworths holdings limited feb 2002
Woolworths Holdings — Investor Presentation (February 2002) on 6ix