Elders Limited · ASX:ELD
Elders — Shareholder Meeting (December 2014)
20 slides from Elders's shareholder meeting presentation, Dec 18, 2014
Slide 1: 2014 AGM - CEO's Presentation
18 December 2014 2014 AGM - CEO’s Presentation Attached is a copy of the Chief Executive Officer’s presentation to the 2014 Elders Limited Annual General Meeting being held today in Adelaide. Peter Hastings Company Secretary 1
Slide 2: Chief Executive's Presentation: Introduction
Chief Executive’s Presentation, Mr Mark Allison 2014 Annual General Meeting of Elders Limited INTRODUCTION Good morning everyone, and thank you for your attendance today. When I stood before you last year at our Annual General Meeting as Chairman, it was to set out a plan on how to achieve the long
Slide 3: Eight Point Plan and FY17 targets
Today I will outline our progress and provide some detail around our financial results, particularly at an operating level. This year we developed and launched a three year strategic plan, known as the Eight Point Plan. This was developed by forty of our senior managers and it is an ROC focussed and
Slide 4: Progress against 2014 priorities
As outlined in the Annual Report, the focus of the organisation during 2014 has been on four key priorities. In terms of safety performance, we reduced our lost time injuries by over forty percent during the year. That’s 13 less people hurt than the previous year. That number is still too high, so w
Slide 5: Financial Results
FINANCIAL RESULTS Slide: 2014 Financial Results Our 2014 financial results are discussed in the Annual Report and our CFO, Richard Davey, and I have conducted extensive investor briefings since the announcement of our results. As such, I won’t outline them in detail today, but the message is clear,
Slide 6: Eight Point Plan
Turning now to our Eight Point Plan. Launched in July, the Eight Point Plan is our blueprint to become an agribusiness that creates value for all stakeholders in domestic and international markets. As I discussed earlier, in tangible terms, that means achieving $60 million earnings before interest a
Slide 7: Values, performance, and brand
Values, performance, and brand The key to lifting the productivity of our workforce is having a workforce that is engaged and has clear, realistic, measurable and achievable performance objectives. So, for the 2015 financial year, we’ve introduced an online performance management system which allows
Slide 8: Geographical coverage and retail products
beneficial ownership or geographical coverage model. It is worth noting, that under our Eight Point Plan, a number of previously unsustainable branches are now sustainable from an EBIT and ROC viewpoint. We’re also considering options to develop a wholesale business model, a new channel to market fo
Slide 9: Agency and financial services
Realigning the remuneration model for our livestock and wool employees aims to reward high performers and drives sales, and attract high quality sales people to our business. Furthermore, a new minimum activity key performance indicator for our agency employees will help us identify those high perfo
Slide 10: Feed and processing, live export services
Implementing a return on capital approach to feedlot capacity at our two feedlots, in Northern New South Wales and Indonesia is a priority for us and we’re also exploring opportunities to open up integrated red meat supply chains both domestically and internationally. In Indonesia we have a world cl
Slide 11: 2015 Priorities
number of ‘small win’ efficiency gains across our telephony, car fleet and IT components. 2015 Priorities Slide: FY15 priorities Having achieved our 2014 priorities, the time is right to set our priorities for the coming year. We are maintaining our first two key priorities of safety and operational
Slide 12: Closing and outlook
These priorities have been agreed at a Board and Executive level and have been filtered down to all employees via the performance plans that they agree with their managers. This means that everyone in the organisation shares the same priorities Closing As you can see, 2014 has certainly been a year
Slide 13: Free trade agreements and closing remarks
This year the Australian Government has signed three important free trade agreements, with China, Korea and Japan. Whilst it will take time for Australia, and Elders to realise the benefits of these free trade agreements, the opportunity is clear. The prospects of increased demand for feeder and sla
Slide 14: Annual General Meeting 2014
2014 ANNUAL GENERAL MEETING Thursday, 18 December 2014 Adelaide Festival Centre
Slide 15: Chief Executive's Presentation
Chief Executive’s Presentation Mark Allison
Slide 16: 2014 Priorities
2014 Priorities Commitment to the priorities outlined at the 2013 AGM has contributed to the significant improvement in 2014 Safety Performance Operational Performance Leadership Renewal Capital Management 1
Slide 17: 2014 Financial Results
2014 Financial Results Statutory and underlying profit achieved for the first time in six years and net debt further reduced Change from $ million 2014 2013 2013 Reported profit / (loss) after tax 3.0 (505.3) + 508.3 Underlying profit / (loss) after tax 8.8 (68.5) + 77.3 Underlying EBIT 27.3 (48.9)
Slide 18: Eight Point Plan
Eight Point Plan Our strategic vision for becoming an efficient user of capital and a business that generates returns for its stakeholders Values, Geographical Performance Coverage & Retail and Brand Distribution Products Coverage STRATEGIC Agency INTENT Financial Services $60m EBIT Services and 20%
Slide 19: FY15 priorities
FY15 priorities Commitment to these priorities at all levels of the business will be the focus of the Company in 2015 • Safety Performance • Operational Performance • Key Relationships • Efficiency and Growth
Slide 20: HHH
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