Pro-pac Packaging Ltd · ASX:PPG
Pro-pac Packaging — Investor Presentation (October 2011)
15 slides from Pro-pac Packaging's investor presentation, October 2011
Slide 1: Pro-Pac Investor Presentation
For personal use only Pro-Pac Packaging Ltd October 2011 Pro-Pac Investor Presentation
Slide 2: Agenda
Agenda For personal use only Agenda Pro-Pac Company Overview Risk Profile Growth Opportunities Historical Financial Performance First Quarter Results Bennamon Contribution Current Shareholding Annexure A – About Pro-Pac 2
Slide 3: Pro-Pac Company Overview
Pro-Pac Company Overview For personal use only Pro-Pac Company Overview Highly diversified packaging and related products Unique business model of broad business silos with in-depth expertise Strong value proposition with end-to-end supply Well positioned national distribution presence Very competit
Slide 4: Risk Profile
Risk Profile For personal use only Risk Profile Low risk business model with extremely high growth potential Recurring revenue streams Essential products Diverse “blue chip” customer base Service most industry segments Critical mass and infrastructure attained Strong balance sheet Strong cash flow g
Slide 5: Growth Opportunities
Growth Opportunities For personal use only Growth Opportunities Highly fragmented market Large horizontal breadth of product areas to pursue Difficult economy equates to increased realistic sellers Strong pipeline of potential acquisitions Anticipate completion of 4 smaller acquisitions by Decembe
Slide 6: Historical Financial Performance
Historical Financial Performance use only Sales Growth Total Sales EBITDA Normalised 140 14,000 120 12,000 For personal 100 10,000 80 8,000 $M 60 6,000 40 4,000 20 2,000 0 0 Jan-09 Jan-10 Jan-11 Jan-12 2007 2008 2009 2010 2011 2012 Forecast Forecast Group 6
Slide 7: Historical Financial Performance
Historical Financial Performance For personal use only Financial Performance Jun 07 Jun-08 Jun- Jun-10 Jun-11 Jun-12 FY FY FY FY FY 09 08 v 07 09 v 08 10 v 09 11 v 10 12 v 11 $m $m $m $m $m $m % % % % % Start up date YTD YTD YTD YTD YTD Forecast Industrial 1987 26.0 27.0 30.5 46.5 65.5 4% 52% 52% 41
Slide 8: First Quarter Results
First Quarter Results For personal use only FY Q1 2012 vs. FY Q1 2011 PRO-PAC GROUP PPG ACTUAL LAST YR % CHANGE TOTAL SALES 31,425,604 28,595,731 9% PROFIT BEFORE TAX 2,521,113 1,921,792 24% PROFIT BEFORE TAX % 8.02% 6.72% EBITDA 3,530,618 2,801,260 21% EBITDA % 11.23% 9.80% 8
Slide 9: Indicative FY2012 Guidance
Indicative FY2012 Guidance For personal use only Accelerate Growth Acquisitive • Continue roll up synergistic & strategic companies • Seek company transforming acquisitions Cross-Selling • Cross selling products in expanding customer base • Increase wallet share of existing customers Organic • Conti
Slide 10: Bennamon Contribution
Bennamon Contribution For personal use only Bennamon Contribution Bennamon fully supports PPG to become the largest packaging distributor in ANZ Provides PPG with: Access to a significantly larger customer base to cross sell into Access to overseas expansion Product sourcing and innovation oppo
Slide 11: Current Shareholding
Current Shareholding For personal use only Current Shareholding Currently tightly held share register Bennamon 48% Brandon Penn 18% Several ex-acquired business owners employed by Pro-Pac on share register Key staff participating in ESPP scheme 11
Slide 12: About Pro-Pac - Industrial Packaging Division
Annexure A – About Pro-Pac For personal use only About Pro-Pac - Industrial Packaging Division Manufacturer and distributor of: Biodegradable voidfill Packaging tools & machinery Cartons Stretch & shrink film Packaging & specialty tapes Strapping – Steel, Poly & PET Labels Poly bags Bubble, paper &
Slide 13: About Pro-Pac - Rigid Packaging Division
Annexure A – About Pro-Pac For personal use only About Pro-Pac - Rigid Packaging Division Manufacturer and distributor of rigid containers & all types of caps & closures. Bottles Measures Caps Pails Cubes Sprays & Pumps Drums Jars Jerry Cans Triggers 13
Slide 14: About Pro-Pac - Customer Base
Annexure A – About Pro-Pac For personal use only About Pro-Pac - Customer Base Strong and diverse customer base servicing most industry segments such as: Automotive Entertainment Oil Cosmetics Industrial Beverage Pharmaceuticals Retail Manufacturing Transport Food FMCG Fast food chains Agrichem 14
Slide 15: Disclaimer
Disclaimer Some of the statements in this presentation constitute “forward-looking statements” that do not For personal use only directly or exclusively relate to historical facts. These forward-looking statements reflect Pro-Pac Packaging Limited’s current intentions, plans, expectations, assumptio
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