Australian Vintage Ltd · ASX:AVG
Australian Vintage — ShareCafe Small Cap "Hidden Gems" Webinar (October 2024)
12 slides from Australian Vintage's conference presentation, Oct 18, 2024
Slide 1: Investor Webinar Presentation
18 October 2024 ASX ANNOUNCEMENT INVESTOR WEBINAR PRESENTATION Australian Vintage Limited (ASX: AVG) will be participating in the ShareCafe Small Cap "Hidden Gems" Webinar on Friday, 18 October 2024 from 12:30pm AEST. For personal use only Australian Vintage CEO Craig Garvin will provide an overview
Slide 2: ShareCafe Webinar Presentation
For personal use only ShareCafe Webinar Presentation 18 October 2024 Craig Garvin, Chief Executive Officer
Slide 3: Disclaimer
Disclaimer The presentation has been prepared by Australian Vintage Limited (ACN 052 179 932) (“AVG”) (including its subsidiaries, affiliates and associated companies) and provides general background information about AVG’s activities as at the date of this presentation. The information does not pur
Slide 4: Agenda
For personal use only Agenda 1. Australian Vintage Overview 2. Industry Dynamics - Positioning AVG for Success 3. Restoring Value - Goals and Priorities 4. Summary 5. Discussion 3
Slide 5: AVG is a world-class consumer orientated business
AVG is a world-class consumer orientated business Leader in consumer-led wine innovation with 2/3rd sales export focused For personal use only Global leaders in dynamic no-and-low alcohol wine segment Trusted long-term relationships with growers, suppliers and customers Industry leading ESG credenti
Slide 6: Highly experienced senior management team
Highly experienced senior management team Craig Gavin Jeff Howlett Julian Dyer Chief Executive Officer General Manager – Asia Pacific Chief Operating Officer For personal use only • CEO of Australian Vintage from 2019 to May 2024. • 20+ years in the global wine and spirits industry, • 20+ years expe
Slide 7: Industry state of play and how AVG is positioning for success
Industry state of play and how AVG is positioning for success External issues have created challenges for the AVG is taking active steps to enhance its Australian wine industry resilience and growth prospects For personal use only ➢ Trade tariffs ➢ Export market diversification ➢ Supply chain disloc
Slide 8: Three areas of focus to restore value
Three areas of focus to restore value For personal use only Grow sales Tightly managed costs Close the gap to net tangible assets and working capital ~ 60 cents per share Achieve consistent, sustainable positive free cash flow 7
Slide 9: Strategic Plan driving strong growth and cash performance
Strategic Plan driving strong growth and cash performance • Target cashflow neutral in FY25 due to 70% of prior vintage grape payment in FY25 (in line with industry norms) For personal use only • +$10m targeted FCF in FY26 and +$20m in FCF and 8% ROCE by FY27 • Continue to invest in brands & innovat
Slide 10: Future growth from Pillar Brands, innovation and international expansion
Future growth will come from a combination of focusing on Pillar Brands in core markets, fast- tracking consumer led innovation and accelerating international expansion Investing in Step change Accelerate Pillar Brands consumer led innovation international expansion For personal use only • Investmen
Slide 11: Summary
Summary • Experienced management team with track record / confidence to execute on strategy coupled with refreshed board For personal use only • A focus on revenue and gross margin growth through innovation, geography and brand mix • Large asset backing that will be leveraged into strong cash flow t
Slide 12: Discussion
1 1 For personal use only Discussion
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