Eagers Automotive Limited · ASX:APE
Eagers Automotive — AP Eagers — UBS Australasia Conference 2019
12 slides from Eagers Automotive's conference presentation, Nov 18, 2019
Slide 1: AP Eagers - UBS Australasia Conference
For personal use only AP Eagers UBS Australasia Conference Monday, 18 November 2019 Martin Ward, Chief Executive Officer
Slide 2: Industry context
Industry context AP Eagers has a track record of resilience through challenging external conditions For personal use only Domestic • Economy static / retail under pressure Macroeconomic environment • Tighter credit availability (cyclical) • Consumer confidence low • Overall market for new vehicle sa
Slide 3: Environment a catalyst for industry transition
Environment a catalyst for industry transition AP Eagers positioned to benefit from industry changes in the medium to long term For personal use only • Departure of loss-making brands Transition • Rationalisation of dealer locations and owners accelerating • Consolidation of owners • Adoption of non
Slide 4: Next100 strategy
Next100 strategy A clear strategy in progress providing integrated mobility solutions for the next 100 years For personal use only OPTIMISE DEVELOP GROW Engage our customers, Deliver optimised Redefine our workforce Support innovation Reinvest with discipline everywhere vehicle finance solutions Onl
Slide 5: Future of automotive retailing
Future of automotive retailing Ahead of the curve in adapting with innovative solutions to enhance customer experience For personal use only Future-proofing AP Eagers with customers at the centre 5
Slide 6: Acquisition of AHG
Acquisition of AHG Full control on 16 September 2019; new management structure in place less than 4 weeks For personal use only geography portfolio 229 new car dealership locations in Australia and 13 in New Zealand. Exposure to motor vehicle retailing 68 new truck and bus dealership in all Australi
Slide 7: Scale and synergies
Scale and synergies National footprint, leading market position with significant room to grow For personal use only Merged AP Eagers-AHG market presence Market Opportunity • Strong market positions across national footprint with significant growth potential in largest markets • Small but strategic p
Slide 8: Scalable 'fixed price' used car model
Scalable 'fixed price’ used car model National footprint with significant opportunity to grow For personal use only VOLUME GROWTH ACCELERATING USED VEHICLE SALES Combined 12 month volume to 30 June 2019 8,340 Combined last 3 months volume (annualised) 11,976 National: big box retail + online 3MMA gr
Slide 9: US market landscape signals potential
US market landscape signals potential A window to the future of AP Eagers’ globally unique combination For personal use only NEW CAR INDUSTRY LEADERS COMPANY MARKET POSITION2 TURNOVER3 MARKET CAP3 AutoNation Largest new car retailer $21.2 billion $4.7 billion Penske Second largest new car retailer $
Slide 10: Outlook
Outlook Emerging stronger from the current market conditions For personal use only • AP Eagers has a high quality asset base that ensures the company is well positioned to withstand the current trading conditions • With the business transformation and ongoing improvement initiatives well advanced, w
Slide 11: Q&A
For personal use only Q&A
Slide 12: Disclaimer
Disclaimer The information in this document (information) does not contain all information necessary for investment decisions, is not intended to be an offer, invitation or recommendation with respect to shares, is not financial product advice, and is intended to be general background For personal u