Helloworld Travel Ltd · ASX:HLO
Helloworld Travel — Shareholder Meeting (November 2018)
29 slides from Helloworld Travel's shareholder meeting presentation, Nov 15, 2018
Slide 1: 2018 Annual General Meeting of Helloworld Travel Limited
2018 Annual General Meeting of Helloworld Travel Limited 15 November 2018 1
Slide 2: Disclaimer
Disclaimer The information contained in these materials or discussed at the presentation is not intended to be an offer for subscription, invitation or recommendation with respect to shares or securities in any jurisdiction. No representation or warranty, express or implied, is made as to the fairne
Slide 3: Mr Garry Hounsell Chairman
helloworld TRAVEL LIMITED TRAVEL 2018 ANNUAL GENERAL MEETING
Slide 4: Chairman
Chairman • FY18 a strong year for the Group • Continue to consolidate gains from synergies and cost out initiatives • Retail brand recognition focus delivering greater awareness • Acquisition of new businesses: o Magellan Travel network o Asia Escapes o Flight Systems • Improved remuneration model f
Slide 5: Our Brand Portfolio
Our Brand Portfolio helloworld TRAVEL LIMITED = inbound @et f ETRAVEL |) a.t.s. Pacific A tr TRAVEL GPX, | '2etoemont TRAVEL2 Magellan TRaGeL | BA TRAVEL IX | aie Wa vacations NOs, TRAVEL LIMITED A | air tickets Al smart tickets A= sunlevé) Yauourays GP SF Feito Discoveries Viva! holidays @readyroom
Slide 6: Chairman – Looking ahead
Chairman – Looking ahead • HLO is well placed to continue our success in delivering to our stakeholders • Focus on profitable revenue streams and greater efficiencies • Execution of opportunities to drive further positive results with strategies in place to maximise the potential and value of the bu
Slide 7: Mr Andrew Burnes CEO & Managing Director
Mr Andrew Burnes CEO & Managing Director 7
Slide 8: FY18 Financial Results Overview
FY18 Financial Results Overview • $6.1 billion TTV achieved led by strong air sales volume growth and business acquisitions TTV 3.5% undertaken in the second half of FY18. $6,077.0m on FY17 • Reported revenue was in line with FY17 with the impact of disposed operations and restructure of Insider Jou
Slide 9: Key financials – half yearly trend
Key financials – half yearly trend 1H16 2H16 1H17 2H17 1H18 2H18 • Key TTV, EBITDA and EBITDA $m $m $m $m $m $m margin metrics improving each half Total Transaction Value (TTV) 2,792.3 2,902.0 2,890.1 2,982.2 2,967.9 3,109.1 year compared with corresponding Revenue 139.0 161.5 171.4 155.4 165.1 161.
Slide 10: Air Ticketing – transactions and price trends
Air Ticketing – transactions and price trends Cumulative YoY growth variance – Domestic Fares AU Cumulative YoY growth variance – International Fares AU 5.0% 60.0% 4.0% 3.4% 40.0% 3.0% 20.0% 7.4% 0.0% 2.0% -6.6% -20.0% 1.1% 1.0% -40.0% Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 A
Slide 11: Revenue Recognition Summary
Revenue Recognition Summary RETAIL WHOLESALE INBOUND CORPORATE Transaction & Service Fees Air Tickets FY18 - Ticketing N/A On ticketing - On ticketing FY19 - Departure of Travel (FY18 will be restated) At Source Commissions Air Tickets FY18 - Ticketing Departure of Travel On ticketing - On ticketing
Slide 12: Growth in member networks and numbers
Growth in member networks and numbers TOTAL = JUN18: 2,223 JUN17: 2,015 Helloworld Travel’s retail network has grown to 2,223 members across Australia and New Zealand, an increase of 208 since 30 June 2017, led by the: • expansion of the My Travel Group network through continued improvement in brand
Slide 13: Business Focus
Business Focus Technology & Innovation Business Improvements Retail Brand Awareness Efficiencies & Data capture • ResWorld retail system rollout Q3 • Enhanced value for member Agents – technology, commercials, brand • Agent Microsites & Apps rollout • Aligned retail Clicks and Mortar • Flight System
Slide 14: Business Focus
Business Focus Retail Brand Awareness Efficiencies & Data capture Retail Brand Awareness Efficiencies & Data capture • Up from 22% unprompted 12 • System Consolidation and months ago to 30% today Technologies driving better productivity for HLO and agents • Up from 60% prompted 12 months ago to 71%
Slide 15: Trading update Q1 FY19
Trading update Q1 FY19 • Q1 has started well and we are performing in line with our expectations. • TTV was $1.7bn for the quarter and overall revenue margin increased 0.2% to 5.5%. • Revenues were $94.0m for the period, slightly above expectations and up $8.2m on the same time last year. • All segm
Slide 16: Outlook and business focus
Outlook and business focus • A strong business performance in FY18 was delivered with growth in TTV, EBITDA and net profit after tax, leading to increased returns to our shareholders and improved outcomes for all key stakeholders. • FY19 is performing in accordance with our forecasts. • Key technolo
Slide 17: Formal AGM Business
helloworld TRAVEL LIMITED - helloworld TRAVEL 2018 ANNUAL GENERAL MEETING Formal AGM Business
Slide 18: Adoption of Remuneration Report
Adoption of Remuneration Report Resolution 1 “Approve the Remuneration Report for the year ended 30 June 2018, as set out in the 2018 Annual Report.” 18
Slide 19: Adoption of Remuneration Report
Adoption of Remuneration Report Questions? 19
Slide 20: Adoption of Remuneration Report
Adoption of Remuneration Report Proxy Votes Number % For 66,566,452 99.93 Against 21,250 0.03 Open-Usable 32,472 0.04 Abstain/Excluded 39,873,138 N/A 20
Slide 21: Election of Directors
Election of Directors Election of Garry Hounsell Resolution 2.1 “That Garry Hounsell, who retires by rotation in accordance with the Company’s Constitution and the ASX Listing Rules and, being eligible, is elected as a director of HLO.” 21
Slide 22: Election of Directors
Election of Directors Questions? 22
Slide 23: Election of Directors
Election of Directors Proxy Votes Number % For 106,354,208 99.96 Against 15,646 0.01 Open-Usable 31,372 0.03 Abstain/Excluded 92,086 N/A 23
Slide 24: Election of Directors
Election of Directors Election of Cinzia Burnes Resolution 2.2 “That Cinzia Burnes, who retires by rotation in accordance with the Company’s Constitution and the ASX Listing Rules and, being eligible, is elected as a director of HLO.” 24
Slide 25: Election of Directors
Election of Directors Questions? 25
Slide 26: Election of Directors
Election of Directors Proxy Votes Number % For 104,702,899 98.50 Against 1,561,280 1.47 Open-Usable 31,372 0.03 Abstain/Excluded 197,761 N/A 26
Slide 27: Poll Procedure
helloworld TRAVEL LIMITED helloworld Poll Procedure 27
Slide 28: Voting
Voting Closure of Poll Results of Poll Announced to ASX 28
Slide 29: Thank-you
helowodg TRAVEL 2018 ANNUAL GENERAL MEETING Thank-you
Helloworld Travel — Shareholder Meeting (November 2018) on 6ix