Bapcor Ltd · ASX:BAP
Bapcor — UBS Investor Conference 2021
14 slides from Bapcor's conference presentation, Apr 20, 2021
Slide 1: UBS Investor Conference
For personal use only UBS Investor Conference 20 April 2021
Slide 2: Bapcor Business Overview
Bapcor Business Overview For personal use only Asia Pacific’s leading provider of vehicle parts, accessories, equipment, service and solutions H1 FY21 revenue contribution Australia's leading trade focused $314m $1.5 billion automotive parts distributor (34%) FY20 revenue Premium parts and accessori
Slide 3: Financial performance – proven track record of strong revenue and earnings growth
Financial performance – proven track record of strong revenue and earnings growth For personal use only Revenue ($’m) NPAT ($’m) 1,462.7 94.3 89.1 1,296.6 86.5 1,236.7 1,013.6 65.8 685.6 43.6 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Notes: 1. Based on proforma results. FY17 – FY20 are all p
Slide 4: Strategy – Continuing to grow the business
Strategy – Continuing to grow the business For personal use only With our team members, safety and our customers always at the core of what we do 1 Drive expansion of network 2 Supplement market leading 3 Realise benefits and 4 Invest in our team members footprint – physical and brands with Bapcor p
Slide 5: Strategic pillars and current strategic priorities
Strategic roadmap For personal use only Business Fundamentals Strategic Pillars Current Strategic Priorities Drive expansion of network Grow existing network Market leader footprint – physical and online footprint Supplement market leading Optimise supply chain Resilient Industry brands with Bapcor
Slide 6: Priority – Grow Existing Network Footprint
Strategic Priority – Grow Existing Network Footprint For personal use only Business Segment Indicative store expansion Locations added this financial Current number of locations growth p.a. year to 31/03/2021 Bapcor Trade 10 - 12 stores 10 196 Bapcor New Zealand 3 - 5 stores 0 73 Bapcor Retail 15 to
Slide 7: Priority – Optimise Supply Chain
Strategic Priority – Optimise Supply Chain For personal use only • Moving from 13 DCs in VIC to one located in Tullamarine • Retail segment successfully transitioned • Expected opex benefit of $10m in FY23 and reduction in working capital of $8m Phase I – • Strong investment in ‘state of the art’ te
Slide 8: Priority – Invest in new & upgraded technology
Strategic Priority– Invest in new & upgraded technology For personal use only • Infrastructure/common technology ‒ ERP rationalization ‒ Warehouse management systems ‒ Data warehouse ‒ Safety management system ‒ Time & Attendance • Customer Facing ‒ Retail point of sale ‒ Customer Relationship Manag
Slide 9: Priority – Expansion in Asia through acquisition of 25% of Tye Soon
Strategic priority - Expansion in Asia through acquisition of 25% of Tye Soon • For personal use only Established in 1933, Tye Soon is the most prominent independent automotive parts distributor in South East & North East Asia. • Distributes one of the largest portfolios of top-tier global brands of
Slide 10: Priority – ESG and sustainability commitment
Strategic Priority – ESG and sustainability commitment For personal use only Ethical supply chain / procurement Positively impact our community Ethical sourcing, forging strong Engaging stakeholders and supplier relationships and enhanced supporting the communities in which transparency we operate 2
Slide 11: Strategic Targets
5 Year Strategic Targets For personal use only Trade focussed “parts professionals” supplying 240 35% 75 35% Trade AUS Stores AUS Own Brand NZ Stores NZ Own Brand To be updated @ Investor Day on the workshops in Australia & New Zealand Target Target Target Target 24th of June 2021 Specialist #1 or #
Slide 12: FY21 Trading Update / Outlook
FY21 Trading Update / Outlook For personal use only • Through March 2021, business performance has continued at similar levels to the first six months of the year − Trade: Same store sales up c.13% − New Zealand: Same store sales up c.4% − Autobarn: Same store sales up c.35% (Company owned stores up
Slide 13: Disclaimer
Disclaimer For personal use only The material in this presentation has been prepared by Bapcor Limited (“Bapcor”) ABN 80 153 199 912 and is general background information about Bapcor’s activities current at the date of this presentation. The information is given in summary form and does not purport
Slide 14: For personal use only
For personal use only Bsapcor Bapcor Bapcor Bapcor Bapcor Bapcor TRADE Asia Pacific's leading provider of vehicle parts, accessories, equipment, service and solutions