Shriro Holdings Ltd. · ASX:SHM
Shriro — FY2022 Earnings Presentation
12 slides from Shriro's earnings presentation, Aug 29, 2022
Slide 1: Full year Results Presentation
SHRIRO HOLDINGS (SHM) For personal use only 12 MONTHS TO 30 JUNE 2022 Full year Results Presentation Tim Hargreaves, Chief Executive Officer | 29 August 2022
Slide 2: Executive Summary
12 months to 30 June 2022 Executive Summary For personal use only • Despite challenging economic conditions it was Shriro’s third highest EBITDA of $24.6M, representing 12.9% of revenue. EBITDA down on last year by 27.9% and NPAT of $13.5M, down 33.5% pcp (CY21 record profit year contained one-off p
Slide 3: Results
12 months to 30 June 2022 Results For personal use only 30 June 2022 Change 30 June 2021* Revenue $191.8M -7.3% $207.0M EBITDA $24.6M -27.9% $34.1M NPAT $13.5M -33.5% $20.3M Cash Position $12.9M -25.4% $17.3M Dividend Declared August 4 Cents (Fully Franked) 6 Cents (Fully Franked) Dividend Declared
Slide 4: Australasian Market
12 months to 30 June 2022 Australasian Market For personal use only • Revenue was down 9.2% pcp as Shriro was negatively impacted by Australian and New Zealand retail lock- downs and a cyber incident. • The Everdure by Heston BBQ business continued to grow in both Australia and New Zealand, with rev
Slide 5: International Market
12 months to 30 June 2022 International Market For personal use only • Revenue was up 27.5% to $13.9M, continuing strong growth in international Please note, the design is subject to change revenue. • Summer 2022 - Northern hemisphere export orders were as expected, as a result of factory capacity c
Slide 6: Outlook
FY23 Outlook For personal use only • FY23 EBITDA is expected to be down by 25% on FY22. This is caused by salary increases, supply chain cost increases, the Blanco brand exit and the projected subdued consumer spending. • International BBQ sales are anticipated to continue to grow, with a focus on t
Slide 7: Key Initiatives
FY23 Key Initiatives For personal use only Organic - continued focus on expanding our own and new 3rd party distribution brands (See slides 8 – 10). Growth Inorganic - evaluating accretive acquisition opportunities. Accelerated digital marketing investment in both Europe and North America continues
Slide 8: New Product Developments
FY23 New Product Developments For personal use only G-Shock 40th Anniversary The Robinhood “Duke” • Global campaign kicks off late 2022 • Powerful 1600m3 extraction performance • Patented oil collection filter FULL YEAR RESULTS PRESENTATION 8
Slide 9: New Product Developments
FY23 New Product Developments For personal use only Cube 360 Everdure Kiln Utilising the current Cube with the inclusion of a roasting hood. • Fits a 16 inch sized pizza Hood contains the following • Rotating turntable • Ergonomic and Cool to touch wooden handle • Able to cook a pizza between 60-90
Slide 10: New Product Development
FY23 New Product Development For personal use only Pioneer Hifi Range Robinhood Ironing Centre 2 Robinhood Cooking Appliances • Pioneer Hifi Range added to • Original IC designed in 1980’s • New ATALA series existing DJ product suite • New modern design and • Genuine brand DNA innovative features •
Slide 11: End
End For personal use only This announcement was authorised for release by the Board of Directors of Shriro Holdings Ltd. FULL YEAR RESULTS PRESENTATION 11
Slide 12: Disclaimer
Disclaimer For personal use only This presentation (Document) has been prepared by Shriro Holdings Limited ABN 29605279329 (Shriro Holdings Limited the Company). This document is a presentation to provide background information on the Company and its subsidiaries and is not an offer or invitation or