Breville Group Limited · ASX:BRG

Breville — H1 FY2010 Earnings Presentation

10 slides from Breville's earnings presentation, Feb 26, 2010

  1. Slide 1: Half Year Ended 31 December 2009 Investor Presentation

    26 February 2010 For personal use only Manager, Company Announcements, Australian Securities Exchange Limited, Level 4, 20 Bridge Street, Sydney NSW 2000 Half Year Ended 31 December 2009 Investor Presentation Attached is a copy of Breville Group Limited Investor Presentation for the Half Year Ended

  2. Slide 2: Breville Group Limited Half Year Results FY10

    For personal use only Breville Group Limited HALF YEAR RESULTS FY10 INVESTOR PRESENTATION Stephen Audsley - Chief Executive Officer Mervyn Cohen - Chief Financial Officer February/March 2010

  3. Slide 3: Results Summary

    Results Summary For personal use only  Group Sales $236.9m -3.8%  Group Underlying* EBITDA $32.5m +26.8%  Group Underlying* PAT $19.7m +37.1%  Group Reported PAT $15.3m +42.6%  Underlying* EPS 15.2 cents (1H09: 11.1 cents).  DPS: 6.0 cents (1H09: 4.0 cents).  Strong financial position - conse

  4. Slide 4: Financial Results Summary

    Financial Results Summary REPORTED UNDERLYING* For personal use only A$ Million 1H10 1H09 % Chng 1H10 1H09 % Chng Group Sales Revenue 236.9 246.3 (3.8%) 236.9 246.3 (3.8%) EBITDA 25.6 23.1 10.8% 32.5 25.7 26.8% EBIT 22.2 20.0 10.8% 29.0 22.5 29.0% PAT 15.3 10.8 42.6% 19.7 14.4 37.1% Basic EPS (cents

  5. Slide 5: Geographic Diversity

    Geographic Diversity For personal use only  Trading result affirms strategy: Leverage innovative products across multiple geographies.  Australia: Good result – cycling strong growth in 1H09. − Solid performance, growth in sales and EBITDA. − Profitable growth in key category segments. − Positive

  6. Slide 6: Australia

    Australia For personal use only REPORTED UNDERLYING* A$ Million 1H10 1H09 % Chng 1H10 1H09 % Chng Sales 121.6 115.7 5.1% 121.6 115.7 5.1% EBITDA 18.2 15.0 21.5% 18.0 16.4 9.8% EBITDA % 15.0% 13.0% 14.8% 14.2%  Strong growth in EBITDA despite a less favourable hedged foreign exchange position relati

  7. Slide 7: International

    International REPORTED UNDERLYING* A$ Million 1H10 1H09 % Chng 1H10 1H09 % Chng For personal use only Sales 115.3 130.6 (11.7%) 115.3 130.6 (11.7%) EBITDA 16.2 9.7 67.8% 16.5 10.1 64.0% EBITDA % 14.1% 7.4% 14.3% 7.7%  North America: − Robust sales growth in the core Electrical business. − Strong co

  8. Slide 8: Financial Position at December

    Financial Position at 31 December For personal use only A$ Million 1H10 1H09  Inventory 66.2 103.0  Receivables 89.6 103.1  Trade and other payables (56.6) (61.8) Working Capital 99.2 144.3 Fixed assets 7.5 9.2 Intangibles 67.7 66.7 Other (liabilities)/assets (net) (6.1) (0.7) NET ASSETS EMPLOYED

  9. Slide 9: Strategy

    Strategy Good progress on the achievement of stated objectives: For personal use only  − Growing the core Electrical business. − Strengthening the Breville brand internationally. − Reduced operating cost base. − Tight working capital management. − Expanded distribution footprint and product range i

  10. Slide 10: Outlook

    Outlook For personal use only  Economic conditions: − Signs of improvement, but sustainability of recovery uncertain. − Foreign exchange volatility. − Upward pressure on commodity prices and resultant effect on ex factory prices. − Potential impact of further interest rate increases.  Group well p

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