Elders Limited · ASX:ELD
Elders — Shareholder Meeting (December 2015)
22 slides from Elders's shareholder meeting presentation, Dec 17, 2015
Slide 1: 2015 AGM - CEO's Presentation
For personal use only 17 December 2015 2015 AGM - CEO’s Presentation Attached is a copy of the Chief Executive Officer’s presentation to the 2015 Elders Limited Annual General Meeting being held today in Adelaide. Peter Hastings Company Secretary 1
Slide 2: Chief Executive's Presentation: Introduction
Chief Executive’s Presentation, Mr Mark Allison For personal use only 2015 Annual General Meeting of Elders Limited INTRODUCTION Good morning everyone, and thank you for your attendance today. This time, last year, I stood before you and remarked on the story of Elders’ survival. This year, however,
Slide 3: Key Priority 1: Safety Performance
I will also outline our priorities for this financial year. This will continue to be approached in a measured and methodical manner, and will drive For personal use only focus and performance in order to meet our Eight Point Plan objectives. For those who are closely following the turnaround and the
Slide 4: Key Priority 2: Operational Performance
year. Importantly this means we have held the significant improvement we made in FY14. For personal use only Whilst we did see improvements in our safety culture across the board, any injury is an injury too many. I am conscious that our systems, processes and educational efforts will need continuou
Slide 5: For personal use only
initiatives such as price book management and the consolidation of our supplier base. For personal use only The $16.3 million improvement in the agency services business was driven by an increase in livestock prices and an increase in cattle and wool volumes. In addition, our ‘Welcome Back’ campaign
Slide 6: Key Priority 3: Key Relationships
And finally, as our Chairman outlined, after a lengthy debt-reduction process, our remaining term debt of $34.1 million was extinguished. For personal use only Slide: FY15 Priorities: Key Relationships KEY PRIORITY 3: KEY RELATIONSHIPS It is a vital understanding at Elders that the business and our
Slide 7: For personal use only
Program, more than 20 trainees inducted into the Stock and Station Agency Traineeship Program, and a further 3 agronomy graduates For personal use only accepted into a new Agronomy Graduate Program. We know that our clients and the communities in which we operate are our fundamental reason for being
Slide 8: Key Priority 4: Efficiency and Growth
In the farm supplies and fertiliser arms of the business we’ve developed and implemented a capital light/return on capital driven business model For personal use only with the support of key suppliers. We’ve rationalised and refocused our relationships with our supply partners to develop mutually be
Slide 9: For personal use only
For personal use only Over the past two years, our focus has been to ensure that our people implement the many efficiency and growth strategies within our Eight Point Plan. A key priority of 2015 was to improve the performance of our workforce and lift productivity. As such, 45 of our branches under
Slide 10: For personal use only
Alongside our Live Export trade, we have also developed our ‘Killara’, ‘Kooyong’, and ‘Marlee’ branded meat product lines for international For personal use only markets and customers. Our focus on growth also extends into the Real Estate and Financial Services arms of the business. We have now appo
Slide 11: Eight Point Plan
EIGHT POINT PLAN For personal use only Slide: Eight Point Plan In addition to the progress on our FY15 priorities I have just covered, significant progress has been made on our Eight Point Plan. The Eight Point Plan is our blue print for becoming an efficient user of capital and a business that prod
Slide 12: FY16 Priorities and Closing
For personal use only As such, we are maintaining our four key priorities for the 2016 year, which are safety performance, operational performance, key relationships, and efficiency and growth. These priorities have been filtered down to all employees through their individual performance plans withi
Slide 13: Closing remarks
As shareholders, you have continued to support us and for this we extend our gratitude. You can now be confident that Elders is back. We For personal use only are doing what we said we would do, and we are focussed on servicing our customer needs and the future growth of our business. I look forward
Slide 14: 2015 Annual General Meeting
For personal use only 2015 Annual General Meeting Thursday, 17 December Adelaide Convention Centre
Slide 15: Chief Executive's Presentation
For personal use only Chief Executive’s Presentation Mark Allison
Slide 16: FY15 Priority: Safety Performance
FY15 Priority: Safety Performance For personal use only LTI frequency rate reduced from 3.5 to 3.4 Held 14 lost time injuries Employee safety engagement increased by 34% Employee safety campaign ‘Stand Up Speak Up’ awarded 2015 Work Health and Safety Improvement Award by NSCA
Slide 17: FY15 Priorities: Operational Performance
FY15 Priorities: Operational Performance For personal use only $32.6m underlying profit up $23.5m ROC at 21.9%, up from 13.6% at 30 September 2014 Implemented capital light retail program Margin management program for selected non-price sensitive retail products 200 clients returned in ‘We
Slide 18: FY15 Priorities: Key Relationships
FY15 Priorities: Key Relationships For personal use only Improved levels of employee effectiveness and enablement Delivered ‘Elders. Live It’ national brand campaign Conducted client and non-client focus group research across Australia Engaged in regional sponsorship agreements in key focus
Slide 19: FY15 Priorities: Efficiency and Growth
FY15 Priorities: Efficiency and Growth For personal use only 45 branches on 90 day branch improvement program Launched online livestock platform Implemented Elders wholesale strategy Introduced livestock financing facility Developed branded meat product lines for international markets Develope
Slide 20: Eight Point Plan
For personal use only Values, Geographical Performance Coverage Retail Products & Brand & Distribution Channels Eight Agency Services Point Financial Services Plan Feed & Live Export Cost, Capital & Processing Services Efficienc
Slide 21: Chief Executive's Presentation
For personal use only Chief Executive’s Presentation Mark Allison
Slide 22: For personal use only
ive it. —_l Ajuo esn jeuosied 105