Woolworths Group Ltd · ASX:WOW
Woolworths — Shareholder Meeting (December 2019)
28 slides from Woolworths's shareholder meeting presentation, Dec 16, 2019
Slide 1: AGM Chairman and CEO's Addresses and Presentation
16 December 2019 For personal use only ASX Market Announcements Office Australian Securities Exchange 20 Bridge Street Sydney NSW 2000 AGM Chairman and CEO’s Addresses and Presentation Please see attached the Chairman’s and CEO’s addresses and presentations to today’s 2019 Woolworths Group AGM. Marc
Slide 2: Chairman's Address
Annual General Meeting 2019 Chairman’s Address International Convention Centre, Sydney Monday 16 December 2019, 10 am For personal use only I wanted to focus on three areas that I am personally passionate about: sustainability at Woolworths Group, culture and finally shareholder value. Let me start
Slide 3: Chairman's Address: culture and shareholder value
“Culture eats strategy for breakfast….”. As I reflect on our culture, there are defining moments that indicate with total transparency, where we are on the journey. Such a defining moment was the announcement on 30 October about the underpayment of around 5,700 of our salaried team members in relati
Slide 4: CEO's Address
Annual General Meeting 2019 CEO’s Address International Convention Centre, Sydney Monday 16 December 2019, 10 am For personal use only Good morning everyone. Before I begin I’d like to echo Gordon’s sentiment in regards to the tragedy on White Island in New Zealand last Monday. This has had a deep i
Slide 5: CEO's Address continued
• We achieved gold tier status from AWEI for the second year running at the Australian LGBTI Inclusion Awards. • We took important steps to improve the mental and physical well-being of our teams. Our mental well‑being program ‘I am here’ was launched during the year with over 24,000 team members ha
Slide 6: CEO's Address continued
Differentiation is critical for what we range, as we work towards ensuring our in-store ranges are curated for local customer preferences. In addition to health foods, international food and value-added fresh solutions grew strongly during the year. In October, we completed the rollout of ‘Fresh Mad
Slide 7: CEO's Address continued
coming through the business. We also announced one of the most significant transactions in the history of Woolworths Group with our intention to merge Endeavour Drinks and ALH, followed by a separation in calendar 2020. Step one in this process is the Restructure which you will be asked to vote on i
Slide 8: CEO's Address: outlook and start to F20
It has been a pleasing start to F20 with strong sales momentum across the Group. Sales growth in Australian Food was particularly strong with the success of Lion King Ooshies, Discovery Garden, the continued growth in Online and the ongoing benefit of our Renewal program. We can’t comment on Q2 in d
Slide 9: 2019 AGM & EGM
For personal use only 1 2019 AGM & EGM
Slide 10: Chairman's Address
For personal use only 6 Chairman’s Address
Slide 11: Focus areas in F19
Focus areas in F19 For personal use only Sustainability Culture Shareholder value 2019 AGM 7
Slide 12: Sustainability
Sustainability For personal use only Responding to Promoting gender Embracing diversity climate change equality Carbon emissions 18% below Launched new Parental Leave Launched second 2015 levels Policy Reconciliation Action Plan Commitment to reduce scope 1 First retailer to introduce Co
Slide 13: Woolworths Group culture
Woolworths Group culture For personal use only Our Ways-of-Working Our Purpose How we work Why we exist Our Values Who we are 2019 AGM 9
Slide 14: Shareholder value
Shareholder value For personal use only Rationalised the portfolio Strong online business Reinvested in the core Exited Masters Competitiveness F19 Group Online sales Sold EziBuy Customer satisfaction Sold Petrol business $2.5 BN Team advocacy Endeavour Group Transformation 2019 AGM 10
Slide 15: Shareholder value
Shareholder value For personal use only F19 Share buy-back Fully-franked dividends Total shareholder return $1.7bn returned to $1.3bn returned to 64% in the 3-year shareholders shareholders in F19 period since end F16 2019 AGM 11
Slide 16: CEO's Address
For personal use only 12 CEO’s Address
Slide 17: Woolworths Group culture
Woolworths Group culture For personal use only Our Purpose Our Ways-of-Working Why we exist How we work Our Values Who we are 2019 AGM 13
Slide 18: F19 priorities
F19 priorities Live our Purpose and Build a For personal use only Customer 1st Team 1st Culture Build growth platforms Create Connected, Personalised and for the future Convenient Shopping Experiences Create differentiation in all of our businesses Differentiate our Accelerate Unlock value Food Cust
Slide 19: Live our Purpose and Build a Customer 1st and Team 1st Culture
Live our Purpose and Build a Customer 1st and Team 1st Culture For personal use only • Customers scores remained resilient ending the year strongly • Superannuation payments for 12 months of parental leave. Gold tier workplace by AWEI • Focus on mental and physical well-being of team with ‘I am here
Slide 20: Create Connected, Personalised and Convenient Shopping Experiences
Create Connected, Personalised and Convenient Shopping Experiences For personal use only • Rapid online sales growth across the X businesses • Solid Metro sales improvement in F19 with new store pipeline building • Continued scale-up of Pick up and eCom operational performance improvement • On-deman
Slide 21: Differentiate our Food Customer Propositions
Differentiate our Food Customer Propositions For personal use only • Renewal stores continuing to perform well • Successfully executed key customer events; team focused on Christmas • Own Brand growth continues; named ‘healthiest supermarket own brand range’ • Numerous ‘Good Acts’ supporting local c
Slide 22: Accelerate Innovation in our Drinks Business
Accelerate Innovation in our Drinks Business For personal use only • Launched new Endeavour Drinks ambition; service experience improved in stores • BWS sales growth strong benefitting from Renewals and Customer 1st Ranging • Repositioning of Dan Murphy’s underway • Strong growth in On Demand across
Slide 23: Unlocking Value in our Portfolio
Unlocking Value in our Portfolio For personal use only • Announced merger and subsequent separation of Endeavour Drinks and ALH • Sale of Petrol business completed; $1.7 billion proceeds returned to shareholders • New businesses launched incl: Cartology, ExportCo and Australian Wholesalers • Reduced
Slide 24: End-to-end Processes: Better for Customers, Simpler for Stores
End-to-end Processes – ‘Better for Customers’ and ‘Simpler for Stores’ For personal use only • Cloud platform established and visualisation tools agreed • New customer operating model launched in Woolworths Supermarkets • Assisted service checkout scales activated to improve inventory integrity • Co
Slide 25: Results - full year 2019
Results - full year 2019 For personal use only Continuing Operations1 Total Group Change Change Change normalised Change normalised2 Sales 59,984m 5.3% 3.4% 63,680m 3.2% - EBIT 2,724m 6.9% 5.0% 3,553m 29.5% 27.7% NPAT attributable to Woolworths 1,752m 9.2% 7.2% 2,693m 56.1% 54.3% Group shareholders
Slide 26: F20 Group priorities
F20 Group priorities Customer 1st For personal use only Brand, Team & Culture Build connected capabilities for the future Connected and Convenient Ways to Shop Create differentiation in all of our businesses Differentiate our Evolve our Unlock value Food Customer Drinks Business in our Propositions
Slide 27: For personal use only
~~ e We create / = better experiences together for a better tomorrow. * a
Slide 28: Disclaimer
Disclaimer For personal use only This presentation contains summary information about Woolworths Group Limited (Woolworths Group) and its activities current as at the date of this presentation. It should be read in conjunction with Woolworths’ other periodic and continuous disclosure announcements f
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