Tasfoods Limited · ASX:TFL
Tasfoods — Investor Presentation (February 2021)
16 slides from Tasfoods's investor presentation, Feb 26, 2021
Slide 1: Investor Presentation February 2021
For personal use only Investor Presentation February 2021
Slide 2: We believe that life is better accompanied by great tasting food
For personal use only We believe that life is better accompanied by great tasting food sourced with authentic provenance. We are building a portfolio of leading food and beverage brands that leverage the natural advantages of Tasmania and its reputation for fine food to deliver the essence of Tasman
Slide 3: Capital Structure & Share Price
For personal use only Capital Structure & Share Price TasFoods Ltd has a long-term investor base that has shown strong support for Tasmania's food heritage including Jan Cameron (17.5%), CVC Limited (14.7%) and AgFood Opportunities Fund (9.5%) Broad ownership with long-term investor base Share price
Slide 4: FY2020 Review
FY2020 Review TasFoods’ portfolio of high-quality Tasmanian brands across the value spectrum highlighted the resilience of For personal use only the business model throughout COVID-19 • Despite Tasmania shutting its borders to interstate and overseas visitors, TasFoods recorded 32% revenue growth on
Slide 5: Our brand hierarchy and diverse customer base
Our brand hierarchy and diverse customer base enables us to deliver the essence of Tasmania to where our consumers choose to shop and eat For personal use only Retail is a core channel to consumers as it remains the most convenient format to purchase food for home consumption
Slide 6: FY2020 Highlights
For personal use only FY2020 Highlights 32% growth in sales 92% growth in dairy New Strategic Plan Well funded with revenue to $67.4m sales revenue to focussed on organic cash balance of despite challenging represent 44% of total and inorganic growth $7.2m. Total funding conditions revenue opportuni
Slide 7: Dairy Division Review 2020
Dairy Division Review 2020 TasFoods’ Dairy division experienced 92% revenue growth driven predominantly by the acquisition of Betta For personal use only Milk. The division accounts for 44% of group revenue Our dairy division established its position as a key pillar of profitability in FY2020, repor
Slide 8: Poultry Division Review 2020
Poultry Division Review 2020 TasFoods’ Poultry division provided a strong underlying revenue base despite the challenge of oversupply in For personal use only the market due to food service shutdowns in Q2 2020. Overall revenue growth of 6.1% across the division The poultry division was significantl
Slide 9: 2021 Organic Growth Strategies
For personal use only 2021 Organic Growth Strategies • Leverage existing relationships with retail and distribution channels to expand ranging for current products and line extensions into interstate markets for brands across the company’s Super Premium and Everyday Luxury branding tiers. • Launch o
Slide 10: Acquisitive Growth Strategies
For personal use only Acquisitive Growth Strategies The company will continue to identify potential acquisition opportunities that can accelerate the business growth. Key criteria for acquisition consideration • Sales revenue derived from product categories with high future growth potential • Produc
Slide 11: Marketing Strategy for FY2021
For personal use only Marketing Strategy for FY2021 • Online sales growth will be supported with activations through social media, SEM and SEO. Targeted campaigns will run for different seasonal occasions throughout the year that include partnerships with premium Tasmanian food and beverage producer
Slide 12: Board & Senior Management
For personal use only Board & Senior Management
Slide 13: 2020 Financial Year Results
2020 Financial Year Results FY 2020 FY 2019 For personal use only Corporate Corporate Change Change Dairy Poultry Total Dairy Poultry Total and Other and Other $'000 % $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 Revenue 29,617 37,311 508 67,436 15,415 35,176 514 51,105 16,331 32% Expenditure (28
Slide 14: Balance Sheet December 2020
Balance Sheet 31 December 2020 2020 2019 $'000 $'000 For personal use only Current Assets Cash and cash equivalents 7,635 2,209 • Balance sheet has been strengthened by cash injection of $7.1 Trade and other receivables Biological assets 4,493 2,338 4,394 2,729 million from two equity raisings under
Slide 15: Statement of Cash Flows 2020
Statement of Cash Flows 2020 2020 2019 $'000 $'000 For personal use only • The company ended the year with Cash flows from operating activities Receipts from customers 67,342 49,533 $7.245 million of available cash, a Payments to suppliers and employees (68,225) (50,030) net increase of $5.801 milli
Slide 16: Disclaimer
Disclaimer • This presentation is provided by TasFoods Ltd ACN 084 800 902 (TasFoods) to provide summary information about TasFoods and its For personal use only subsidiaries and their activities as at the date of this presentation. The information in this presentation is of a general nature and doe