McMillan Shakespeare Limited · ASX:MMS
McMillan Shakespeare — Shareholder Meeting (2016)
14 slides from McMillan Shakespeare's shareholder meeting presentation, 2016
Slide 1: MMS Group Annual General Meeting
MMS Group Annual General Meeting McMillanShakespeareGroup 2016
Slide 2: Overview
MMS – Annual General Meeting 2016 Overview Financial People – Record financial result with revenue up – 1,200 strong workforce across Australia, 30% to $503m and UNPATA1 up 25% NZ and UK to $87.2m vs prior year – Employee engagement score of 81% – Full year dividend of $0.63 per share fully franked,
Slide 3: Key financial metrics
MMS – Annual General Meeting 2016 Key financial metrics Revenue ($m) 503.2 Dividends per share (cents) 11 year CAGR: 27.2% 11 year CAGR: 28.8% 63.0 11 year CAGR: 27.2% 11 year CAGR: 28.8% 387.3 52.0 52.0 47.0 345.3 327.9 42.0 300.6 38.0 270.5 24.0 19.0 131.0 16.5 12.5 76.0 9.5 65.8 48.2 54.1 35.6 3.
Slide 4: Financial diversification
MMS – Annual General Meeting 2016 Financial diversification FY15 Results FY16 Results Revenue Revenue 6% 22% 49% $387.3m 45% $503.2m 37% 41% EBITDA EBITDA 5% 16% 19% $105.1m 76% 20% $137.4m 64% GRS GRS AM AM RFS RFS 4
Slide 5: Key operational metrics
MMS – Annual General Meeting 2016 Key operational metrics Salary Packages (000) Novated Vehicles (000) 293.0 55.8 269.7 255.7 50.9 245.7 235.1 45.8 42.7 36.9 FY12 FY13 FY14 FY15 FY16 FY12 FY13 FY14 FY15 FY16 Fleet Assets Written Down Value ($m) RFS Net Amount Financed ($m) 427 436 Australia 129 UK 1
Slide 6: FY17 Update
MMS – Annual General Meeting 2016 FY17 Update Queensland Market New business Capital light Regulatory Government novated conditions wins funding environment leasing contract Announced on 10 October Experiencing year on year MMS has secured a number Implementation of P&A MMS remains supportive of 201
Slide 7: Summary
MMS – Annual General Meeting 2016 Summary Record profit result in FY16 with strong free cash flow: – Segment revenue $503.2m +29.9% – UNPATA $87.2m, +25.3% – Free cash flow $93.5m, +42.1% Extends track record of delivering earnings growth, +26.5% CAGR over last 11 years Focus on clear strategies to
Slide 8: MMS Group Annual General Meeting
MMS Group Annual General Meeting McMillanShakespeareGroup 2016
Slide 9: Adoption of the Remuneration Report
MMS – Annual General Meeting 2016 Adoption of the Remuneration Report For 48,525,453 95.75% Against 1,738,171 3.43% Open-Usable 412,129 0.82% Abstain 152,322 n/a 9
Slide 10: Re-election of Mr John Bennetts as a Director
MMS – Annual General Meeting 2016 Re-election of Mr John Bennetts as a Director For 45,822,165 Adoption of the Remuneration Report Against 14,191,233 Open-Usable 408,479 Abstain 19,164 Adoption of the Remuneration Report 10
Slide 11: Re-election of Mr Ian Elliot as a Director
MMS – Annual General Meeting 2016 Re-election of Mr Ian Elliot as a Director For 59,939,925 Adoption of the Remuneration Report Against 78,811 Open-Usable 406,829 Abstain 15,494 Adoption of the Remuneration Report 11
Slide 12: Re-election of Ms Sue Dahn as a Director
MMS – Annual General Meeting 2016 Re-election of Ms Sue Dahn as a Director For 59,960,255 Adoption of the Remuneration Report Against 56,463 Open-Usable 408,829 Abstain 15,494 Adoption of the Remuneration Report 12
Slide 13: Renewal of Proportional Takeover Provisions of Constitution
MMS – Annual General Meeting 2016 Renewal of Proportional Takeover Provisions of Constitution For 59,837,374 Adoption of the Remuneration Report Against 172,380 Open-Usable 396,829 Abstain 34,458 Adoption of the Remuneration Report 13
Slide 14: MMS Group Annual General Meeting
MMS Group Annual General Meeting McMillanShakespeareGroup 2016