Metcash Limited · ASX:MTS
Metcash — Shareholder Meeting (March 2016)
18 slides from Metcash's shareholder meeting presentation, Mar 30, 2016
Slide 1: Chairman's Address
Metcash Limited ABN 32 112 073 480 50 Waterloo Road Macquarie Park NSW 2113 Australia PO Box 6226 1 September 2011 Silverwater Business Centre NSW 1811 Australia Ph: 61 2 9751 8200 Fax: 61 2 9741 3027 Chairman’s Address Ladies and Gentlemen, The 2011 financial year was a good one for Metcash. We rec
Slide 2: Annual General Meeting
A Annual lGGenerall Meeting M ti 1 September 2011 Andrew Reitzer Chief Executive Officer
Slide 3: Agenda
Agenda Welcome Shareholder Returns Financial Highlights Business Highlights NSW Mega DC Outlook Franklins Trading Update and Guidance Questions Voting 1
Slide 4: Welcome
Welcome 2
Slide 5: Shareholder Returns
Shareholder Returns Earnings per share (cents) Underlying earnings per share +4.4% to 33.4 cents Reported earnings per share +6.1% 6.1% to 31.5 cents Dividends per share (cents) 81% Dividends +3.8% 3.8% 81% 81% Payout ratio High dividend payout ratio - 81% of underlying 81% earnings per shar
Slide 6: Financial Highlights
Financial Highlights Total Sales Revenue ($m) Total sales revenue +7.4% despite tough market environment IGA IGA>D D sales up +6.0% 6.0% Cost of doing business / Gross Profit (%) 80.00% 70.00% 66.86% 65.91% 63.51% 62.88% 62.72% 60.00% CODB (as a % of gross profit) down 16 bps due to sustained
Slide 7: Financial Highlights
Financial Highlights Earnings before Interest & Taxation ($m) Strong EBIT growth of 11.6% - reflecting CODB reduction, sales growth (including full year Mitre 10 impact) and strong Mitre 10 EBIT performance in 2H Profit after Tax ($m) 12th successive record profit Profit P fi after f tax + 6.1
Slide 8: IGA>D
IGA>D Highlights Continued good growth in tough market - wholesale sales up 6.0%, comparative store sales up 4.5% and EBITA up 4.4% ‘How the Locals Like It’ - focus on customers’ view point Ongoing ‘ Locked Down Low Prices’ – relevant promotions, competitive and affordable products 65 new st
Slide 9: IGA>D - Fresh Strategy
IGA>D - Fresh Strategy Highlights Solid growth in fresh volumes Produce and meat leading business growth ‘Fresh’ offer - aligned g with ‘How the locals like it’ Quick recovery from Qld floods and cyclone Investing in warehouse modernisation Cairns C i (QLD) ffresh h warehouse h Canning
Slide 10: Australian Liquor Marketers
Australian Liquor Marketers Highlights Total sales up 2.7% on a ‘like for like’ basis and EBITA up 20.1% on a ‘like for like’ basis, despite packaged liquor market contraction ~4% Independent Brands Australia (IBA) retail outlets saw g good g growth: IGA Plus Liquor +9% Retail focus - market
Slide 11: Campbells Wholesale
Campbells Wholesale Highlights Sales up to $1.7b in a tough market, representing 4.7% ‘like for like’ sales growth EBITA up 10.3% to $31.8m Petrol and convenience sector up 10% 7-Eleven business growing Retail convenience banner, Lucky 7, outlets up to 360 from 300 CSD site integration -
Slide 12: Mitre10
Mitre10 Highlights Sales $767.6m and EBITA $20.7m Turnaround strategy ‘Change the Game’ yielding returns – platform for future growth St bili Stabilise Ch Change the th Game G G Grow Store network stable at 420, 15 new stores joined in 2H Rebuilding Mitre 10 brand and ensuring greater brand
Slide 13: 92,000 sqm NSW Mega DC
92,000 sqm NSW Mega DC NSW Mega DC - Huntingwood Investing in our future Consolidates NSW multi-site operations 3 phase project Sustainable design - 1st temperature controlled warehouse in Australia to achieve a 4 Star rating NSW Mega g DC - Huntingwood g (Artist’s ( impression)) Phase 1: Dr
Slide 14: Franklins
Franklins Metcash is now free to acquire Franklins Federal Court dismissed ACCC application to prevent the acquisition Hope to be in position to complete acquisition by 30 September 2011 Sale price approx A$215m Generate additional wholesale sales of A$500m Generate additional EBIT of A$
Slide 15: Trading Update and Guidance
Trading Update and Guidance Trading Update Difficult trading conditions impacting on the Group’s FY11 results continue: Highly cautious, value conscious consumer High promotional ‘offtake’ Market share (MAT) maintained Continued deflation (YTD 1%) albeit down from 1.8% recorded for FY11
Slide 16: Disclaimer
Disclaimer This presentation contains summary information about Metcash Limited (ABN 32 112 073 480) (Metcash) and its activities current as at the date of this presentation. The information in this presentation is of general background and does not purport to be complete. It should be read in conju
Slide 17: 'Champion of the Independent'
'Champion of the Independent' 15
Slide 18: For additional information contact
For additional information contact: Adrian Gratwicke, Chief Financial Officer Phone: 61 2 9741 3248 Fax: 61 2 9741 3027 E-mail: adrian.gratwicke@metcash.com Or visit our website: www.metcash.com 16