Eureka Group Holdings Limited · ASX:EGH
Eureka — Shareholder Meeting (November 2020)
16 slides from Eureka's shareholder meeting presentation, Nov 6, 2020
Slide 1: 2020 Annual General Meeting – Chairman's Address
Eureka Group Holdings Ltd ABN 15 097 241 159 Suite 2C/D, Level 2 7 Short Street QLD 4215 PO Box 10819, Southport BC QLD 4215 Phone: 07 5568 0205 Fax: 07 5302 6605 Email: info@eurekagroupholdings.com.au ASX Announcement 6 November 2020 2020 Annual General Meeting – Chairman’s Address Eureka Group Hol
Slide 2: Chairman's Address
Chairman’s Address 2020 Annual General Meeting of Eureka Group Holdings Limited (ACN 097 241 159) 6 November 2020 Good morning Ladies and Gentlemen My name is Murray Boyte and I am the Chairman of Eureka Group Holdings Limited (Eureka). It is my pleasure to welcome you to Eureka’s virtual Annual Gen
Slide 3: Portfolio Highlights
Portfolio Highlights During the 2020 financial year, key portfolio highlights included: The acquisition of Liberty Villas, a 124-unit village in Bundaberg, Queensland; Disposal of 27 units at Terranora for total consideration of $6.39 million and a realised gain on sale of $1.03 million; The a
Slide 4: FY2021 Update
FY2021 Update The Group’s operations have continued to gain momentum during the first four months of the 2021 financial year: At Terranora, a further 7 units have settled and 1 contract has exchanged generating total proceeds of approximately $2.14 million. 23 units remain to be sold. The Board
Slide 5: Board & Executive
Board & Executive The Eureka board has a well-balanced skill set covering property investment and management, property funds management, finance, healthcare, organisational development, commercial experience and corporate governance. Mr Greg Paramor AO joined the board as an independent Non-Executiv
Slide 6: Eureka Group Holdings Limited
Eureka Group Holdings Limited Annual General Meeting 6 November 2020 1
Slide 7: Meeting Overview
Meeting Overview Agenda Procedural matters • Chairman’s address • Questions: Click ‘Ask a Question’ on your screen. We encourage shareholders to submit questions early in the • Formal items of business meeting. • Voting: Once shareholders have registered to vote you can vote at any time during the m
Slide 8: Chairman's Address
Chairman’s Address Murray Boyte – Executive Chairman 3
Slide 9: FY2020 Highlights
FY2020 Highlights Financial Performance Capital Management • NPAT: $8.10M, up from $6.79M in 2019 • Net Debt: $52.0M, up $5.85M since 2019 to facilitate acquisition • Earnings per share: 3.52 cents, up 19% on 2019 • Gearing ratio: 37.7%, compared with 36.2% in 2019 • Underlying EBITDA1 : $8.70M, up
Slide 10: FY2020 Highlights (cont.)
FY2020 Highlights (cont.) Portfolio Operations • Acquisition and integration of Liberty Villas, a 124-unit • Five Pillar Plan: foundation set for improved operating village in Bundaberg, Qld performance through occupancy, revenue and cost initiatives • Disposal of 27 Terranora units for total consid
Slide 11: Impact of COVID-19
Impact of COVID-19 • Proactive management of risks and implementation of preventative measures • Ongoing vigilance and risk management • The Board thanks all residents, families and staff for their support during this period Environmental, Social & Corporate Governance (ESG) • Consideration of envir
Slide 12: FY2021 Update
FY2021 Update • Terranora: disposal of 7 units and 1 contract exchanged generating total proceeds of $2.14M. 23 units remaining to be sold • Wynnum expansion: 22 units to be completed early in FY2022 • Cairns & Hervey Bay villages: acquisition of 123 units for $13.0M • Units under management: 2,262
Slide 13: FY2021 Update (cont.)
FY2021 Update (cont.) • Underlying EBITDA forecast: $9.8M to 10.2M for FY2021 (prior to asset revaluations, sales at Terranora and non-recurring items) • Occupancy: remains strong at over 95% • Technology: integrated information technology systems for accurate and real time reporting and analytics •
Slide 14: Board & Executive
Board & Executive • Board appointment: Mr Greg Paramor AO appointed as an independent non-executive director in June 2020 • Executive team changes from 1 December 2020: Mr Cameron Taylor to continue in his role as Chief Operating Officer Ms Tracey Campion to be appointed as General Manager – Operati
Slide 15: Disclaimer
Disclaimer No responsibility for contents of Presentation To the maximum extent permitted by law, Eureka Group Holdings Limited (ABN 15 097 241 159) its officers, advisers and representatives: • make no representation, warranty or undertaking, and accept no responsibility or liability, express or im
Slide 16: Eureka Group Holdings
GROUP HOLDINGS
Eureka Group Holdings — Shareholder Meeting (November 2020) on 6ix