F.f.i. Holdings Ltd. · ASX:FFI
F.f.i — Shareholder Meeting (November 2021)
12 slides from F.f.i's shareholder meeting presentation, Nov 30, 2021
Slide 1: 2021 Annual General Meeting Chairman's Address
For personal use only ABN 32 009 155 328 15 Monash Gate, Jandakot, WA 6164 Telephone +61 8 9417 6111 Facsimile +61 8 9417 3063 ___________________________________________________________________________________ 2021 ANNUAL GENERAL MEETING CHAIRMAN’S ADDRESS I am extremely pleased to be able to repor
Slide 2: Chairman's Address (continued)
At this time, your directors intend to hold this capital in reserve and look for opportunities to For personal use only acquire replacement assets and invest for the future growth of our company. Looking to the future, we obviously don’t know what lies ahead but we are continuing to work on opportun
Slide 3: Annual General Meeting 2021 Shareholders' Presentation
For personal use only Annual General Meeting 2021 Shareholders’ Presentation Presented by Geoff Nicholson - Managing Director FFI Holdings Ltd - 2021 AGM FFI Holdings Ltd - 2021 AGM
Slide 4: Contents
For personal use only Contents • Highlights FY2021 • Review of Financial Performance Key Financial Metrics Revenue Profit Dividends • Products and Markets • Outlook 2 FFI Holdings Ltd - 2021 AGM
Slide 5: FY 2021 – record financial results
For personal use only FY 2021 – record financial results • Net profit after tax $8.7 million Includes final settlement of compulsory land acquisition • Normalised pre tax earnings from operations $4.7 million up 16% • Net tangible assets per share $4.02 up 17% • Ordinary dividends up 8% to 26.0 cp
Slide 6: Key financial metrics
Key financial metrics For personal use only 2021 2020 Year ended 30 June increase $’000 $’000 Sales revenue 35,510 33,901 5% Rental income 1,190 1,130 5% Food operation – earnings before tax 4,333 4,138 5% Total underlying – net profit before tax 4,692 4,044 16% Total equity 43,866 37,604 Net tangib
Slide 7: Revenue from operations - proven growth strategy
Revenue from operations - proven growth strategy For personal use only $ (000) 40000 35000 30000 25000 20000 15000 10000 5000 0 2017 2018 2019 2020 2021 Continued operations Tradition Smallgoods (divested) • Compound revenue growth = 9% (excluding divested operations) 5 FFI Holdings Ltd - 2021 AGM
Slide 8: Underlying pre-tax profits – steady growth
Underlying pre-tax profits – steady growth For personal use only $ (000) 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 2017 2018 2019 2020 2021 *Compound profit growth = 11% 6 FFI Holdings Ltd - 2021 AGM
Slide 9: Dividends paid – fully franked
Dividends paid – fully franked For personal use only $ Sound returns to shareholders 0.30 0.25 0.20 0.15 0.10 0.05 0.00 2017 2018 2019 2020 2021 *Compound dividends growth = 7% 7 FFI Holdings Ltd - 2021 AGM
Slide 10: Diversity of products and sales channels
For personal use only Diversity of products and sales channels Chocolate Products of Australia Chocolate – Cake Toppings – Confectionery – Fudge – Candy Inclusions and Decorations Orchard Icing “Ready to roll” Icing and Decorations Fresh Foods Industries – Bakery Products Bakers’ Jams – Fruit Fillin
Slide 11: Positioned for growth
For personal use only Positioned for growth • Solid start to FY 2022 – Half Year dependent on important Xmas trade • Maintaining focus on managing COVID-19 related risks: Increasing raw material costs Labour shortages / cost increases Shipping disruptions / cost increase • Continuing to invest
Slide 12: For personal use only
For personal use only • This presentation was prepared by FFI Holdings Ltd. The information herein is current as at 30 November 2021. • This presentation is not an offer or invitation for subscription or purchase of securities or a recommendation with respect to any security. Information in this pre