Aub Group Limited · ASX:AUB
Aub — Shareholder Meeting (November 2017)
22 slides from Aub's shareholder meeting presentation, Nov 21, 2017
Slide 1: 2017 AGM Addresses and Presentation to Shareholders
21st November 2017 Market Announcements office Australian Securities Exchange Ltd Exchange Centre 20 Bridge Street Sydney NSW 2000 FOR RELEASE TO THE MARKET Dear Sir / Madam, Re: 2017 AGM Addresses and Presentation to Shareholders Please find attached on behalf of AUB Group Limited (ASX: AUB) the Ch
Slide 2: Chairman's Address
Annual General Meeting AUB Group Limited 10:00am, Tuesday 21st November 2017 The Auditorium, Level 15, 1 Farrar Place, Sydney Chairman’s Address Good morning ladies and gentlemen. At our meeting today Mark and I will report to you on AUB Group’s performance and the outlook for the year ahead. This i
Slide 3: Chairman's Address (continued)
The Board introduced an additional measure to its Governance process this year by appointing a main Board Director to the Boards of our business divisions. This initiative was brought about by the growth of New Zealand, SURA and Risk Services and the Board’s belief that it would enhance decision mak
Slide 4: CEO Address
During the financial year, AUB Group made considerable progress. Our commitment to supporting our client’s risk needs (principally SME and mid-market businesses) via our partners saw continued expansion and growth across all our business areas. Today, I would like to provide an insight as to how we
Slide 5: CEO Address: FY2017 financial result
The 2017 financial year saw the Group delivering a good financial result with underlying Net Profit after Tax of $40.4 million in the context of a flat premium rate environment. Central to this performance was the growth across all business areas, and our disciplined approach to managing costs durin
Slide 6: CEO Address: New Zealand and Group perspective
for over $550m GWP making us the largest Broker Management Group and 3rd largest broking entity in that Country. From a Group perspective, overall client policy growth was strong at 5% and, as already mentioned, the diversification of our profit contribution continued which has helped protect the Gr
Slide 7: AUB Group Ltd Annual General Meeting 2017
AUB GROUP LTD ANNUAL GENERAL MEETING 2017
Slide 8: Chairman Address
CHAIRMAN ADDRESS DAVID CLARKE
Slide 9: CEO Address
CEO ADDRESS MARK SEARLES MANAGING DIRECTOR & CEO
Slide 10: Our Guiding Principles
OUR GUIDING PRINCIPLES Our purpose: Safeguarding a stronger future. Our strategic intent: Helping clients realise a stronger, more protected future through valued advice, solutions and services. PAGE 4 - AUB GROUP LTD – ANNUAL GENERAL MEETING 2017
Slide 11: Our Ecosystem
OUR ECOSYSTEM PAGE 5 - AUB GROUP LTD – ANNUAL GENERAL MEETING 2017
Slide 12: Our Strategic Intent
OUR STATEGIC INTENT Helping clients realise a stronger, more protected future, through valued advice and solutions. MAXIMISE THE PARTNERSHIP MODEL STRENGTHEN BROADEN OUR STRATEGIC THE SOLUTIONS PRIORITIES FOUNDATIONS OFFERINGS DRIVE OPERATIONAL ADVANTAGE WITH VALUE SERVICES PAGE 6 - AUB GROUP LTD –
Slide 13: Financial Performance and Business Highlights
FINANCIAL PERFORMANCE AND BUSINESS HIGHLIGHTS
Slide 14: Performance Highlights
PERFORMANCE HIGHLIGHTS Delivering strong profit and revenue growth Underlying1 Revenue increase +9.8% Underlying1 EBITA increase +9.9% Underlying1 NPBT (pre-amortisation) +11.9% Adjusted NPAT growth to $40.4M2 +7.5% Organic growth the key driver across all business areas Client policy growth +5.0% E
Slide 15: Delivering to Shareholders - Dividend
DELIVERING TO SHAREHOLDERS - DIVIDEND • Growth trend of Dividend payments continued (Full Year up 5%) • Final dividend per share of 29.5 cents brings full year dividend to 42.0 cents • DRP remains suspended for the final dividend. 42.0 45 39.7 40.0 40 38.5 35.5 35 31.0 30 25.5 29.5 CENTS PER SHARE 2
Slide 16: Profit Contribution Analysis
PROFIT CONTRIBUTION ANALYSIS Execution of strategy delivers growth and diversification, more protected future, through valued advice and solutions. Adjusted Profit Contribution to AUB Group (after tax and non-controlling interests) 45 40 MILLION $ 35 30 25 20 FY16 Risk Services New Zealand Australia
Slide 17: Business Area Highlights
BUSINESS AREA HIGHLIGHTS Group • Client policy growth (+5%) • New structure to facilitate divisional growth • Employee engagement increased across the Group • Growth in Leadership Academy graduates and new programs developed • Diversification of profit contribution continued Australian Broking Under
Slide 18: FY18 Priorities and Outlook
FY18 PRIORITIES AND OUTLOOK
Slide 19: FY18 Priorities
FY18 PRIORITIES The Group will continue its disciplined focus, building on the strength of our Business Model; Operating Model and Group Strategy • Business Model: we will continue to maximize partnerships and our ‘skin in the game’ model to continue to drive both organic growth and via selected acq
Slide 20: FY18 Outlook
FY18 OUTLOOK • There was evidence of single digit percentage premium rate increases in Australia in the last quarter of FY17 and an expectation that insurers will continue to execute premium rate increases at similar level into FY18. New Zealand remains competitive, with early signs of stabilisation
Slide 21: Questions
QUESTIONS
Slide 22: AUB Group Ltd Annual General Meeting 2017
AUB GROUP LTD ANNUAL GENERAL MEETING 2017