Sonic Healthcare Limited · ASX:SHL
Sonic Healthcare — Shareholder Meeting (November 2018)
22 slides from Sonic Healthcare's shareholder meeting presentation, Nov 21, 2018
Slide 1: Annual General Meeting 21 November 2018
For personal use only Annual General Meeting 21 November 2018 Sonic Healthcare | 2018 Annual General Meeting
Slide 2: Forward-looking statements
Forward-looking statements For personal use only This presentation includes forward-looking statements about our financial results, guidance and business prospects that may involve risks and uncertainties, many of which are outside the control of Sonic Healthcare. Readers are cautioned not to place
Slide 3: Headlines FY 2018
Headlines FY 2018 For personal use only Revenue growth 8.2% to A$5.5 billion EBITDA growth (underlying) 8.3% to A$962 million Net profit growth 11.2% to A$476 million Full-year dividend up 5.2% to A$0.81 per share Strong earnings growth in both Laboratory and Imaging divisions Growth mom
Slide 4: Dividends
Dividends For personal use only A$ FY 2018 FY 2017 Growth Interim Dividend $0.32 $0.31 3.2% Final Dividend $0.49 $0.46 6.5% Total Dividends $0.81 $0.77 5.2% Final dividend paid on 27 September 2018 (franked to 30%) Interim dividend paid on 10 April 2018 (franked to 20%) Sonic Healthcare | 2018 A
Slide 5: FY 2019 Guidance
FY 2019 Guidance FY 2019 guidance confirmed after 4 months’ trading For personal use only Guidance EBITDA growth 3-5% on underlying FY 2018 EBITDA of A$962 million (constant currency) Equivalent to EBITDA growth ~6-8% assuming current exchange rates continue Seasonal earnings weighting to
Slide 6: Sonic Healthcare Today
Sonic Healthcare Today For personal use only International healthcare company providing laboratory, imaging and primary care services Third largest medical laboratory company in the world Outstanding imaging and primary care divisions in Australia Operating in 8 countries (Australia, USA, Ge
Slide 7: Sonic Foundation Principles – 2001
Sonic Foundation Principles – 2001 For personal use only Medical Leadership Personalised Respect for Company Operational Professional & Service for Our People Conscience Excellence Academic Doctors & Expertise Patients Sonic Healthcare | 2018 Annual General Meeting 7
Slide 8: Medical Leadership
Medical Leadership For personal use only Meaning Leaders who understand doctors and the medical profession Involve pathologists, radiologists, other doctors in the business Make business decisions from a medical perspective – “keep the business medical” Focus on highest possible quality
Slide 9: Annual Revenue – years to 2018
Annual Revenue – 31 years to 2018 $5,541M For personal use only 6,000 5,000 4,000 A$ M 3,000 Australia 42% International 2,000 58% $627M 1,000 $14M FY 2018 - Australia International Sonic Healthcare | 2018 Annual General Meeting
Slide 10: Acquisitions – Years
Acquisitions – 31 Years For personal use only Sonic Healthcare | 2018 Annual General Meeting
Slide 11: Global Expansion and Medical Leadership
Global Expansion and Medical Leadership For personal use only Market Position Australia #1 UK #1 Germany #1 USA #3 Switzerland #1 Belgium #2 Sonic Healthcare | 2018 Annual General Meeting 11
Slide 12: FY 2018 Revenue Split
FY 2018 Revenue Split For personal use only SCS & Other New Zealand $439 $28 8% <1% Imaging $473 Total Revenue A$5.5 billion 9% Australia Belgium $1,403 $142 25% 3% UK & Ireland $383 7% Switzerland $390 7% Germany $1,149 USA 21% $1,131 20% SCS & Other = Sonic Clinical Services (IPN Medical Centres,
Slide 13: Growth – Outlook
Growth – Outlook For personal use only Future growth underpinned by Sonic’s quality, culture and strength Market leading positions drive organic growth Rich pipeline of acquisition opportunities USA Germany Partnerships, JVs, contracts USA hospital laboratory market UK outsourcing
Slide 14: Sonic's People
Sonic’s People For personal use only More than 35,000 employees worldwide Sonic’s culture built on the strength of its people Respect for our people through empathy and compassion Strive for workplace that is caring, secure and fulfilling Respect and Medical Leadership are the essence of S
Slide 15: Staff Retention
Staff Retention For personal use only >10,000 staff with >10 years service >3,500 staff with >20 years service Years of service are acknowledged and celebrated across Sonic practices Sonic Healthcare | 2018 Annual General Meeting 15
Slide 16: Loyalty
Loyalty For personal use only Sonic is considered an “employer of choice” due to its exemplary professional reputation Respect for staff reflected in low employee turnover rate, especially at more senior levels Medical Leadership and caring management style are keys to staff commitment and loy
Slide 17: Leadership and Culture
Leadership and Culture For personal use only SonicConnect A dedicated head office department Established to proliferate Sonic’s global culture Promotes a respectful, positive, cooperative work place Feedback consistently shows that investment in Sonic’s culture resonates strongly with staf
Slide 18: Patient consultations
Patient consultations 115 For personal use only 140 million 120 100 80 GP/SCS Millions Imaging 60 Pathology 40 20 0 More than 1 billion patient consultations since 1999 Sonic Healthcare | 2018 Annual General Meeting 18
Slide 19: Earnings (EBITDA) – Years
Earnings (EBITDA) – 31 Years $948M For personal use only 1,000 900 800 700 600 A$M 500 400 300 200 100 0 Sonic Healthcare | 2018 Annual General Meeting 19
Slide 20: Dividends – Years
Dividends – 25 Years $0.81 For personal use only $0.90 $0.80 $0.70 $0.60 $0.50 A$ $0.40 $0.30 $0.20 $0.10 $0.00 Sonic Healthcare | 2018 Annual General Meeting 20
Slide 21: Sonic Healthcare – Outlook
Sonic Healthcare – Outlook For personal use only Company well set for ongoing strong growth Rich pipeline of acquisitions, joint ventures and contracts ahead Strong balance sheet with headroom for expansion Geographical diversification provides growth opportunities and risk mitigation Stab
Slide 22: Thank you
Thank you For personal use only Sonic Healthcare | 2018 Annual General Meeting
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