Slide 1: 2016 Annual General Meeting CEO Presentation
For personal use only 2 0 1 6 A n n u a l G e n e r a l M e e t i n g C E O P r e s e n t a t i o n
Slide 2: Our Brands
For personal use only Our Brands 2
Slide 3: 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 4: FY2016 Highlights, FY2017 Update & Outlook, Strategy Update / Hellaby Offer, Q&A
For personal use only 1 FY2016 Highlights 2 FY2017 1st Quarter Update & Outlook 3 Strategy Update / Hellaby Offer 4 Q&A
Slide 5: FY2016 Result Highlights
FY2016 Result Highlights For personal use only $ million FY2016(3) FY2015(4) Variance Revenue 685.6 375.0 82.7% Gross Margin %(1) 44.2% 41.4% 2.8 EBITDA 77.0 41.5 85.7% Strong NPAT 43.6 23.1 88.9% performance EPS(2) (cps) 17.85 13.62 31.0% in all areas Final dividend (cps) 6.0 4.7 27.7% Full year di
Slide 6: Result Trends
Result Trends For personal use only Revenue Growth EBITDA* 685.6 77.0M 82.7% 341.6 375.3 284.3 306.3 41.5M 36.0M 30.2M 11.5% 9.9% 22.7M 7.7% FY2012 FY2013 FY2014 FY2015 FY2016 FY2012 FY2013 FY2014 FY2015* FY2016 Revenue ($ million) Revenue growth % EPS NPAT* 17.85 43.6M 13.62 11.9 23.1M 11 19.4M 16.
Slide 7: Result Trends
Result Trends For personal use only GP% EBITDA / Sales % 11.1% 11.2% 9.9% 10.5% 43.7% 44.2% 43.0% 8.0% 42.2% 39.4% FY2012 FY2013 FY2014 FY2015* FY2016 FY2012 FY2013 FY2014 FY2015* FY2016 Trade Same Store Sales Growth % Store Numbers 750+ * 4.6% 4.6% 3.9% 2.1% 145 116 130 1.4% 100 105 FY2012 FY2013 F
Slide 8: FY2016 Highlights
FY2016 Highlights For personal use only TRADE • Revenue up 11.7%, with same store sales of 4.6% • Added 15 stores in year to be 145 stores at June 2016. • Supplier cost increases and general cost increases fully passed onto market • EBITDA / Sales % continues to improve – now 12.4% • Acquired Precis
Slide 9: Business Segment Contribution to Results
Business Segment Contribution to Results For personal use only Revenue EBITDA EBITDA % Revenue % FY2016 FY2015 FY2016 FY2015 % Change FY2016 FY2015 Change Change Trade 419.1 375.3 11.7% 51.8 44.3 17.0% 12.4% 11.8% 0.6 Retail 191.1 - - 22.2 - - 11.6% - - Specialist 103.4 - - 13.5 - - 9.8% - - Wholesa
Slide 10: FY2016 Highlights, FY2017 Update & Outlook, Strategy Update / Hellaby Offer, Q&A
For personal use only 1 FY2016 Highlights 2 FY2017 1st Quarter Update & Outlook 3 Strategy Update / Hellaby Offer 4 Q&A
Slide 11: Subsequent Events
Subsequent Events For personal use only Since 30th June 2016; • Company store roll out has continued with Trade up 7 stores to 152 and Autobarn company stores up 4 to 20, with total Autobarn stores at 117. • Solid same store sales growth in 1st qtr of FY2017 with both Burson Strategythe same stores
Slide 12: Outlook
Outlook For personal use only FY2017 will continue to deliver business and profit growth Growth in Trade and Retail New stores – circa 40 Full 12 months trading from former ANA businesses Inclusion of full 12 months Bearing Wholesalers, Sprint Auto Parts and Precision Automotive Equipmen
Slide 13: FY2016 Highlights, FY2017 Update & Outlook, Strategy Update / Hellaby Offer, Q&A
For personal use only 1 FY2016 Highlights 2 FY2017 1st Quarter Update & Outlook 3 Strategy Update / Hellaby Offer 4 Q&A
Slide 14: Hellaby Holdings
For personal use only Hellaby Holdings
Slide 15: Hellaby Holdings
Hellaby Holdings For personal use only • Total Hellaby revenue in FY2016 was NZ$795M and EBITDA of $47M • Post acquisition the Resource Services and Footwear divisions would most likely be divested. • Automotive Group had FY2016 revenue of NZ$260M and EBITDA $27M. • The Automotive distribution busin
Slide 16: Hellaby Holdings
Hellaby Holdings For personal use only Automotive and commercial truck replacement parts 54 Branches across NZ Steering and Suspension 9 Branches 22 Outlets – Shock Shop Diesel fuel injection 5 branches (4 Aust, 1 NZ) Auto Electrical Wholesale Engine Management NZ Based 5 Aust
Slide 17: Hellaby Holdings Timeline
Hellaby Holdings For personal use only TimeLine • Offer Document issued to shareholders 21 October 2016 • Target statement and Independent Expert Report by 4 November 2016 • OIO decision (if required) 9 December 2016 • Offer Closes* 20 December 2016 • Offer Completion after satisfaction by 29 Januar
Slide 18: Group Business Year Strategic Targets and Current Status
Group Business 5 year Strategic Targets and Current Status CURRENT STATUS For personal use only Trade focussed “parts Target 25% AUS Target TRADE professionals” supplying Home 200 152 Stores workshops brands Stores 10% home brand AUS Target 117 AB Stores Premium Retailer of Target 35% 200 67 OL stor
Slide 19: Thank You
For personal use only Thank You 22