Woolworths Group Ltd · ASX:WOW
Woolworths — Shareholder Meeting (November 2018)
23 slides from Woolworths's shareholder meeting presentation, Nov 21, 2018
Slide 1: 2018 Annual General Meeting
ANNUAL For personal use only GENERAL MEETING 2018 2018 ANNUAL GENERAL MEETING 1
Slide 2: Chairman's Address
For personal use only 6 Chairman’s Address
Slide 3: Focus areas in F18
Focus areas in F18 For personal use only People Community partner Shareholder value • Team advocacy • Value for customers • Financial results • Safety • Environment • Dividend • Diversity & Inclusion • Human rights • Capital management 2018 ANNUAL GENERAL MEETING 7
Slide 4: Team Advocacy
Team Advocacy For personal use only Woolworths as a place to shop has increased by +15 since June 2016 Woolworths as a place to work score has increased by +18 2018 ANNUAL GENERAL MEETING 8
Slide 5: Safety, Health and Wellbeing
Safety, Health and Wellbeing For personal use only 30 Total Recordable Injury Frequency Rate 20 10 0 F14 F15 F16 F17 F18 Based on date injury reported. 2018 ANNUAL GENERAL MEETING 9
Slide 6: Focus on Mental Health
Focus on Mental Health For personal use only • Mental Health of our Team is our #1 key safety risk focus • Free, unlimited, confidential counselling for our team members and their immediate families • Woolworths Financial Wellbeing for Team members, providing no fee, no interest loans up to $2,000 t
Slide 7: People pillar progress
People pillar progress For personal use only Category Target Status Women in Senior Leadership 40% 32% (levels 4-6) No gender pay gap No gap No gap (statistically insignificant) Inclusive Leadership Training All hiring managers trained by 2020 420 leaders trained Indigenous Employment 1600 new Indig
Slide 8: Voice of Customer
Voice of Customer For personal use only F17 improvement driven by: Store-controllable score • Queue Wait Times • Product Availability • Ease of moving around +7 the store F18 improvement driven by: • Ease of Pick up • Fruit & Vegetables F16 F17 F18 • Product Availability % customers satisfied, 6 or
Slide 9: Being a responsible Australian company
Being a responsible Australian company For personal use only • Removal of single-use plastic bags • Reducing our carbon footprint • Towards zero food waste in landfill by 2020 • Commitment to upholding human rights in our supply chain • Commitment to responsible gaming practices Community investment
Slide 10: Shareholder value
Shareholder value For personal use only Total Group dividend per share (incl. special) 103c +22.6% Continuing operations Change Revenue 56.7B +3.4% EBIT 2, 548M +9.5% Return on funds employed 24.1% +188bps 2018 ANNUAL GENERAL MEETING 14
Slide 11: CEO's Address
For personal use only 15 CEO’s Address
Slide 12: 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 2018 ANNUAL GENERAL MEETING 16
Slide 13: F18 priorities
F18 priorities For personal use only 6 CUSTOMER 1ST Create competitive TEAM 1ST CULTURE advantage across Woolworths Group CONNECTED, PERSONALISED AND CONVENIENT 5 SHOPPING EXPERIENCES Create differentiated TRANSFORM EVOLVE OUR CREATE VALUE IN customer propositions 2 AUS AND 3 DRINKS 4 OUR PORTFOLIO
Slide 14: Customer 1st and Team 1st culture
Customer 1st and Team 1st culture For personal use only • New Purpose, Ways-of-Working and Core Values activated • VOC, VOT and VOS scores further improved in F18 • Ranked first by suppliers in Food Retail Advantage buying survey • A number of new team benefits launched during the year • More work t
Slide 15: Connected, personalised and convenient shopping experiences
Connected, personalised and convenient For personal use only shopping experiences • Pick up available at c.3,000 stores across the Group • Woolworths Rewards members now over 11 million • New format Metro opened in Pitt Street Mall • CountdownX launched in New Zealand; BWS leading in on demand deliv
Slide 16: Transforming Australian and New Zealand Food
Transforming Australian and For personal use only New Zealand Food • Australian Food continued improvement in customer metrics • 80 Renewals and 54 Upgrades completed • Investment in New Zealand Food driving improved customer and sales outcomes; new MD, Natalie Davis appointed • Online growth over 3
Slide 17: Evolving our Endeavour Drinks business
Evolving our Endeavour Drinks business For personal use only • Strong sales growth across BWS and Dan Murphy’s • Customer 1st Ranging completed across BWS • My Dan Murphy’s now with 3 million members • New MD, Steve Donohue appointed • More work to do on digital, range, service and convenience 2018
Slide 18: Unlocking value in our portfolio
Unlocking value in our portfolio For personal use only • Strong item growth in BIG W but still early in the journey • New strategic partnership with Caltex; announced sale of Petrol business to EG Group • Solid sales and EBIT growth in ALH Hotels with more to do to further improve responsible gaming
Slide 19: End-to-end processes – 'better for customers' and 'simpler for stores'
End-to-end processes – ‘better for For personal use only customers’ and ‘simpler for stores’ • 1Store roll out to all Australian Food stores and attached BWS • ‘Simpler for Stores’ up and running • Progress on productivity initiatives in Woolworths Supermarkets • MSRDC building and automation comple
Slide 20: Results - full year 2018
Results - full year 2018 For personal use only Continuing Operations Total Group Change Change Sales 56.7bn 3.4% 61.5bn 1.9% EBIT 2,548m 9.5% 2,743m 3.8% NPAT attributable to Woolworths Group shareholders 1,605m 12.9% 1,724m 12.5% Earnings per share (basic) 123.4c 11.4% 132.6c 11.1% Dividend per sha
Slide 21: Our F19 Group priorities
Our F19 Group priorities For personal use only 6 Customer 1ST Team 1ST Culture Build growth platforms for the 5 Connected, Personalised and Convenient Shopping Experiences future Create differentiation in all Differentiate our Accelerate 2 Food Customer 3 Innovation in our 4 Unlock Value in of our b
Slide 22: We create better experiences together
“ge \ fy mrt We create / better experiences together that better people's t
Slide 23: 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
Woolworths Group — Shareholder Meeting (November 2018) on 6ix