Jb Hi-fi Limited · ASX:JBH
Jb Hi-fi — UBS Emerging Companies Conference 2007
11 slides from Jb Hi-fi's conference presentation, Oct 18, 2007
Slide 1: JB Hi-Fi Limited UBS Conference October 2007
For personal use only JB Hi-Fi Limited UBS Conference October 2007 18 October 2007
Slide 2: Agenda
AGENDA For personal use only 1. Historical Performance 2. Trading Update 3. Store Update 4. EDLP strategy and CODB performance 5. Mobile consumer electronics update 6. Clive Anthonys 7. Investment Checklist Richard Murray CFO
Slide 3: Historical Performance
1. HISTORICAL PERFORMANCE For personal use only Strong growth in sales & earnings since MBI in July 2000 ~1.7b Û33% 65.5m 40.4m Û47% Û57% 1,282m Û36% 44.5m Û28% 25.8m 946m Û32% Û36% 34.7m Û52% 19.5m 694m Û41% Û54% 22.8m 13.8m 452m Û37% 16.7m Û60% 356m Û27% Û44% 8.6m 249m Û43% 11.6m 6.2m Û39% Û104% 1
Slide 4: Trading Update
2. TRADING UPDATE For personal use only Trading Performance § Australia - recent trading performance has remained solid, looking forward to an exciting Christmas period. § Confident election will not have a material impact. § Games, DVD, Computers and Visual continue to grow strongly. § Mobile consu
Slide 5: Trading Update: New Zealand and Trading Outlook
2. TRADING UPDATE . . . For personal use only New Zealand § First JB store opened in April 2007 and two have opened YTD08, one more before Christmas and one in the 2nd half. § 5 JB stores expected to be trading by the end of FY08. Trading Outlook § Economic outlook positive. § Consumer confidence re
Slide 6: Store Update
3. STORE UPDATE For personal use only Ø 9 opened year to date, total of 15 by Christmas 07: § NSW: Westlakes, Rouse Hill, Westfield Kotara, Westfield Parramatta, Blacktown § QUEENSLAND: Toowoomba, Strathpine, Townsville § VICTORIA: Epping Plaza § TASMANIA: Hobart - 1st JB in Tasmania § NEW ZEALAND:
Slide 7: EDLP Strategy and CODB Performance
4. EDLP Strategy and CODB Performance For personal use only § The low cost model helps drive our commitment to EDLP. § Technology is used to ensure we can manage our costs and continue to delivery this commitment. § The use of technology is expanding with success in the use of salesman PDAs. We are
Slide 8: EDLP & CODB
4. EDLP & CODB… For personal use only Industry best practice cost doing business for last three years 25.0% 20.0% 25.2% 23.9% 22.7% 21.0% 15.0% 20.2% 19.1% 17.2% 17.1% 16.0% 10.0% FY05 FY06 FY07 WOW CE CPR JBH
Slide 9: Mobile Consumer Electronics Update
5. MOBILE CONSUMER ELECTRONICS UPDATE For personal use only § Now in most Victorian and NSW stores. § Remaining states post Christmas. § All new stores since July are opening with telco offering. § Expect to finalise rollout by June 2008. § Promising early sales.
Slide 10: Clive Anthonys
6. Clive Anthonys For personal use only § JB Hi-Fi took full ownership of Clive Anthonys effective 2 July 2007 (as previously contracted). § JB Hi-Fi Regional Manager appointed General Manager, commenced Feb 2007. § New GM has driven rollout of JB Hi-Fi sales and coaching program (STARS) to support
Slide 11: Investment Checklist
7. INVESTMENT CHECKLIST For personal use only P Strong and unique retail model. P Operates mainly in high growth home entertainment and technology sector. P Low cost of doing business – best of listed retailers. P Many new store opportunities - JB circa 120 in Australia and New Zealand (72 end FY07)