Sdi Limited · ASX:SDI
Sdi — Investor Presentation (February 2021)
18 slides from Sdi's investor presentation, Feb 19, 2021
Slide 1: HY21 Results Presentation
HY21 RESULTS PRESENTATION 19 February 2021 Samantha Cheetham CEO John Slaviero CFO/COO
Slide 2: Your Smile. Our Vision.
YOUR SMILE. OUR VISION. Long successful operating SDI conducts research and SDI sells to 100+ countries history – founded in 1972 development of specialist on all continents and with and listed on ASX in 1985 dentist materials undertaking sales teams and distribution and Australia’s largest the deve
Slide 3: Agenda
AGENDA o HY21 highlights o Product categories o Key geographies o Financial performance o Strategy and Outlook
Slide 4: HY 2021 Summary
HY 2021 SUMMARY RECORD FIRST HALF RESULT UNDERPINNED BY STRONG DEMAND EBITDA ($M) 14.2 12.5 12.1 7.8 o Record first half profit with NPAT up 30.9% to $4.6m 7.6 8.6 9.8 underpinned by strong demand in key regions 2.7 8.7 o First half sales down 8.0% to $36.8m, down 3.9% in local 6.4 7.1 currencies, c
Slide 5: Product Categories
PRODUCT CATEGORIES \ \ ‘ i f =
Slide 6: Category Overview
CATEGORY OVERVIEW CONTINUED STRONG GROWTH IN WHITENING PRODUCTS & DECLINE IN AMALGAM PRODUCTS o Whitening showed the strongest increase due to Product category Change in local Change in AUD Total AUD pent-up demand and release of the new Pola Light sales currency % % sales % product and rebranding o
Slide 7: Key Geographies
KEY GEOGRAPHIES ‘, rt rr
Slide 8: Sales by Business Unit
SALES BY BUSINESS UNIT Growth in local Growth in AUD Total AUD o Sales by business unit reflected the key Sales by Business Unit regional restrictions in the different markets currency % % Sales % Australian sales (including (10.5) (12.5) 36.6 o Europe business unit, down 6.9% in local currency, was
Slide 9: Geographies
GEOGRAPHIES Sales by geography (A$m) 14.3 13.6 Europe 9.2 North America 8.7 8.9 $13.6 (5.1%) 7.8 $9.2m +3.7% Middle East/Africa 4.4 $2.0m (53.9%) 4.5 APAC 3.3 $8.7m +11.1% 2.0 South America $3.3m (28.3%) APAC Middle South North Europe East / America America Africa 1H20 1H21 9
Slide 10: Financial Performance
FINANCIAL PERFORMANCE Vv10d
Slide 11: Profit & Loss
PROFIT & LOSS Profit & Loss ($'000) HY21 HY20 % Change o Total sales of $36.8 million, down 8.0% vs record Revenue sales of $40.0m in HY20, reflecting pent-up Sales Revenue 36,762 39,963 (8.0%) demand and partly offset by government restrictions in some markets Cost of goods sold (12,920) (13,502) 4
Slide 12: Balance Sheet
BALANCE SHEET Balance Sheet ($'000) HY21 FY20 HY20 o Net cash position increased by $4.9m Assets Cash & cash equivalents 11,059 6,153 6,058 o Debt reduction of $1.5m with $10m headroom in Trade & other receivables 13,910 9,605 14,710 unused bank facilities Inventories 18,077 20,656 20,655 o Decreasi
Slide 13: Cash Flow
CASH FLOW Cash Flow ($'000) HY21 HY20 o Increase in cash primarily due to strong operating environment Receipts from customers 29,065 43,746 Payments to suppliers & employees (21,130) (36,826) o Lower receipts and payments reflecting lower Other revenue 2,429 6 activity in some regions, due to the p
Slide 14: Strategy & Outlook
STRATEGY & OUTLOOK
Slide 15: Strategy
STRATEGY o Aesthetics and Whitening products continue to be the focus for new product development; for achieving Manufacturing efficiencies and driving sales and marketing teams o On-going investment in R&D to release 1-2 products per year is on target o SDI’s Amalgam replacement product is on sched
Slide 16: Outlook
OUTLOOK o Second half of FY21 is expected to show positive growth in Aesthetics products, continued strong growth in Whitening products, and continued decline in Amalgam products o Logistics to supply the overseas markets continue to be a challenge due to sea and air shipping backlogs; however, SDI’
Slide 17: VV VI yey Vivi Vii Vip
VV VI yey Vivi Vii Vip D1 | AURA Nala
Slide 18: Disclaimer
Disclaimer This Presentation contains summary information about SDI Limited (SDI) and its subsidiaries and their activities. The information in this Presentation does not purport to be complete. It should be read in conjunction with SDI’s other periodic and continuous disclosure announcements lodged