Graincorp Limited Class A · ASX:GNC
Graincorp Limited Class A — ABN AMRO Morgans Investor Presentation (July 2009)
15 slides from Graincorp Limited Class A's conference presentation, Jul 8, 2009
Slide 1: ASX company announcement cover note
GrainCorp Company announcement GrainCorp Limited ABN 60 057 186 035 Date: 8 July 2009 To: The Manager Announcements Company announcements office Lodged via www.asxonline.com ANNOUNCEMENT Contents for immediate release: ABN AMRO MORGANS INVESTOR PRESENTATION - 8 JULY 2009 / Betty Ivanoff General Coun
Slide 2: ABN Amro Morgans Investor Presentation - 8 July 2009
For personal use only ABN Amro Morgans Investor Presentation - 8 July 2009 Mr. Mark Irwin – Managing Director GRAINCORP LIMITED Grain Storage | Supply Chain Logistics | Grain Trading |Port Terminals | Merchandise | Allied Mills 1
Slide 3: Agenda
Agenda For personal use only • Business transformation • Capital raising • Strategy • Outlook update Grain Storage | Supply Chain Logistics | Grain Trading |Port Terminals | Merchandise | Allied Mills 2
Slide 4: Transformation of GrainCorp
Transformation of GrainCorp For personal use only The hard asset rationalisation of the 2006 Strategic Plan and the People, Process and System focus in 2008-2009 has led to: • A significant internal restructure of business units and senior management • Clearer customer focus • Becoming a leading par
Slide 5: Business Excellence - Transformation Focus
Business Excellence - Transformation Focus For personal use only • People – Focus on increased skills, autonomy, accountability, empowerment, new people with outside experience • Structural Changes – Regional empowerment for Country Operations – Supply chain focus for road and rail freight – GrainCo
Slide 6: Business Excellence – New Executive Team
Business Excellence – New Executive Team For personal use only New to role Continuing role New position Mark Irwin Managing Director Executive Assistant Nigel Hart Bruce Griffin Sam Tainsh Graham Mathason GM Ports & GM Storage & Logistics GM Trading GM Account Mgt. New Business Ian Wilton Neil Johns
Slide 7: Capital Raising
For personal use only CAPITAL RAISING Grain Storage | Supply Chain Logistics | Grain Trading |Port Terminals | Merchandise | Allied Mills 6
Slide 8: Reduce Gearing – Recent Capital Raising
Reduce Gearing – Recent Capital Raising For personal use only Share Placement • Heavily oversubscribed • 9.6 million shares placed raising $60 m Share Purchase Plan • Applications for $218 million received • 22 million shares issued – $138 m raised Use of Capital Raised • Strengthen the balance shee
Slide 9: Reduce Gearing and Position for Growth
Reduce Gearing and Position for Growth For personal use only 300.0% 281% Based on 31st March 2009 GrainCorp has performed well from 250.0% published accounts Feb 08 to June 09 compared to 200.0% peers 150.0% 121% • Benefits from removal of bulk 113% 100.0% 96% wheat export monopoly and 54% 54% 31% 5
Slide 10: Strategy
For personal use only STRATEGY Grain Storage | Supply Chain Logistics | Grain Trading |Port Terminals | Merchandise | Allied Mills 9
Slide 11: Areas of Strategic Focus
Areas of Strategic Focus For personal use only Reduce gearing • Capital management to provide long term financial security, flexibility to fund grain inventory and company growth Competitive and efficient grain • Build on our strength in rail and road supply chain for export and domestic supply chai
Slide 12: Strategic Supply Chain Growth – Rail
Strategic Supply Chain Growth – Rail For personal use only Grain Storage Grain Storage Secure • Banks will lend against grain in GrainCorp storage Farm Market Access On Farm Domestic • Domestic and export pathways Farm Silo • Road and rail transport Quality • Out turn quality assured GNC • Technical
Slide 13: Other Business Models
Other Business Models For personal use only • Agri-products • Grain elevators, supply chain and exports • Oilseed/sunflower processing • Processed foods / soy oil and flour • Energy and fuels • Agri-products • Agri-food processing – Oat milling and Malt • Livestock feed and services • Financial prod
Slide 14: Outlook Update
For personal use only OUTLOOK UPDATE Grain Storage | Supply Chain Logistics | Grain Trading |Port Terminals | Merchandise | Allied Mills 13
Slide 15: FY09 Update
FY09 Update For personal use only • ABARE June production forecast for Qld., NSW, Vic – 17.6 mmt • Current planting and seasonal conditions across GrainCorp footprint support this forecast Estimated receivals FY09 9.2 to 9.4 mmt Actual receivals YTD 9.4 mmt Estimated exports handled > 4.0 mmt Actual
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