Inghams Group Ltd. · ASX:ING
Inghams — Macquarie Australia Conference 2022
14 slides from Inghams's conference presentation, May 3, 2022
Slide 1: Macquarie Australia Conference Presentation (ASX Release)
3 May 2022 ASX Release For personal use only 3 May 2022 Inghams Group Limited (ASX: ING, Ingham’s) MACQUARIE AUSTRALIA CONFERENCE PRESENTATION Attached is an Inghams Group Limited presentation which will be delivered at the Macquarie Australia Conference on 3 May 2022. This announcement has been aut
Slide 2: 2022 Macquarie Australia Conference
For personal use only Inghams Group Limited 2022 MACQUARIE AUSTRALIA CONFERENCE 3 MAY 2022
Slide 3: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER For personal use only The material in this presentation is general background information about the activities of Inghams Group Limited (Ingham’s) and its subsidiaries (Ingham’s Group), and is current at the date of this presentation, unless otherwise noted. It is inf
Slide 4: Highly Diversified Australia / NZ Network
HIGHLY DIVERSIFIED AUSTRALIA / NZ NETWORK For personal use only § Geographically diverse network § Enhances management of agricultural and biosecurity risks § Provides flexibility and greater resilience § Ensures we can deliver continuity of supply to meet our customers’ needs § Ability to fully ser
Slide 5: Vertically Integrated Operating Model
VERTICALLY INTEGRATED OPERATING MODEL For personal use only § Enables us to create value and realise efficiencies across a highly complex and large-scale supply chain § Balance and operational excellence are key to margin capture § Cost, capability and complexity create barriers to entry 4
Slide 6: Poultry Is an Attractive & Growing Sector
POULTRY IS AN ATTRACTIVE & GROWING SECTOR For personal use only § Affordable – increasing affordability versus other meat proteins § Healthy – a lean and versatile protein that continually finds favour with consumers that is aligned to the macro-trend towards healthier options across all channels §
Slide 7: History of Strong Cash Generation
HISTORY OF STRONG CASH GENERATION For personal use only STRONG CASH GENERATION WITH A HISTORY OF SOLID SHAREHOLDER RETURNS & INVESTMENT IN OUR BUSINESS $438M returned to shareholders since the IPO1 § Inghams has generated $438 million in returns to 300 500 450 shareholders since IPO 250 400 350 200
Slide 8: 1H22 Financial Results
1H22 FINANCIAL RESULTS For personal use only STRONG VOLUME GROWTH OFFSET BY CHANNEL MIX SHIFT DUE TO EXTENDED LOCKDOWNS § Headline financial results in-line with/ahead of prior 1H 22 1H 21 Variance % corresponding period outcomes Group Core Poultry Volume (kt) 237.1 224.6 12.5 5.6 Statutory EBITDA (
Slide 9: Operational Update
OPERATIONAL UPDATE For personal use only RECOVERY HAS BEEN SLOWER AND MORE VARIABLE DUE TO ONGOING PANDEMIC AND WEATHER EVENTS § The Inghams team continue to show great resilience and the ability to respond quickly and effectively to the challenges faced by the business § 2H FY22 results have been s
Slide 10: External Feed Market Observations
EXTERNAL FEED MARKET OBSERVATIONS For personal use only FEED COSTS HAVE INCREASED DUE TO VOLATILITY IN INTERNATIONAL MARKETS § Delivered feed cost contains cereal grains, protein meals, vitamins and minerals. Feed cost also includes transport and milling cost § Grain imported into New Zealand operat
Slide 11: Leadership in ESG
LEADERSHIP IN ESG For personal use only § Over 30 years experience applying sustainability principles across the business § Recognised industry leaders in water stewardship, sustainable agriculture and food production § Research underpins our ability to identify and develop innovative approaches tha
Slide 12: Set the Foundations for Long-Term Success
SET THE FOUNDATIONS FOR LONG-TERM SUCCESS For personal use only 1 § Define the future of the category with our major trading partners (+5yr outlook) Elevated strategic § Align on mutually-beneficial opportunities e.g. joint product platforms and brands partnerships § Codify shared ambitions, and def
Slide 13: Summary
SUMMARY For personal use only PACE OF RECOVERY SLOWER AND MORE VARIABLE AS A RESULT OF EXTERNAL FORCES § Poultry is an attractive and growing sector with a significant price advantage over red meat alternatives § Inghams has a track record of strong cash generation with a history of solid shareholde
Slide 14: Thank You
For personal use only THANK YOU 2022 MACQUARIE AUSTRALIA CONFERENCE 3 MAY 2022