Origin Enterprises Plc · EURONEXT:OIZ
Origin Enterprises — Shareholder Meeting (November 2017)
19 slides from Origin Enterprises's shareholder meeting presentation, Nov 24, 2017
Slide 1: Preliminary Results and Annual General Meeting
Preliminary Results Annual General 2016 Meeting 28 September 2016 24 November 2017
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements. These statements have been made by the Directors in good faith based on the information available to them up to the time of the preparation of this presentation. Due to the inherent uncertainties, including both econom
Slide 3: 2017 Highlights & Business Overview
2017 Highlights & Business Overview 3
Slide 4: 2017 Performance Summary & Highlights
2017 Performance Summary & Highlights Underlying Group Operating Adjusted Volume Operating Net Debt ROCE Dividend Profit EPS Growth Margin + 4.7%2 €70.0m 4.6% 46.62c €31.5m 13.7% 17.85c final +4.1% (rc1) +20bps +4.7% (rc1) +10bps 21.00c total +12.3%(ucc1) +14.7%(ucc1) » Solid full year result ahead
Slide 5: 2017 Agri-Services in Overview
2017 Agri-Services in Overview Key Facts, Customer Channel and Geography 46,000 Customers Customer Channel1 670 Sales Force Revenue EBIT █ Direct Farm €1.53bn €70.0m █ Business-to-Business 11.8m Direct Farm Ha Customer Footprint 56% | 44% 55% | 45% 108 Distribution Points Geography1 Input Formulatio
Slide 6: Agri-Services – The Business
Agri-Services – The Business Service Application and Gross Margin Profile 2017 2017 Revenue Gross Margin 59% | 14% | 6% 51% | 23% | 11% 2% | 19% 7% | 8% Combinable Crops Grassland Crop Protection Nutrition Roots & Veg Amenity Seed Amenity Feed / Other Feed / Other 6
Slide 7: Trading Review
* O r | g In Trading Review ENTERPRISES PLC
Slide 8: 2017 Market Overview
2017 Market Overview Cautious Sector Sentiment Against More Stable Near- Term Planning Environment Global Market Place Primary Producers On-Farm Service Providers » Cumulative impact of elevated » Weak domestic currencies » Sustained period of lower grain and oil seed production support improved cas
Slide 9: Agri-Services Trading Review: Ireland & the UK
Agri-Services Trading Review Ireland & the UK 2017 2016 Change Underlying2 Year ended 31 July €’m €’m % % Revenue 955.0 1,023.6 (6.7%) 2.9% Operating profit 1 53.4 52.7 1.3% 12.2% Operating margin 1 5.6% 5.1% 50bps - » Underlying volume growth of 4.8% » Sterling depreciation and tighter global dairy
Slide 10: Agri-Services Trading Review: Continental Europe
Agri-Services Trading Review Continental Europe1 2017 2016 Change Underlying3 Year ended 31 July €’m €’m % % Revenue 397.3 320.3 24.0% 12.2% Operating profit 2 16.2 14.9 8.7% 10.3% Operating margin2 4.1% 4.6% (50bps) - » Underlying volume growth of 6.2%1 » Highly competitive market backdrop » Poland
Slide 11: Development & Strategy
(Zan Origin ENTERPRISES PLC Development & Strategy 11
Slide 12: Our Focus is Service, Crop Technology Transfer and Building Strong Farm Linkages
Rotation Planning Straw Management Yield Potential Deep Cultivation Shallow Cultivation Weed Management Lime Application Soil Organic Matter application Variety Choice Seed Dressing Seed Rate & Row Spacing Weather Starter Fertiliser Drilling: Date, Depth, Limiting Factors: Cultivation Pre-emergence
Slide 13: The Role of Data and Digital
The Role of Data and Digital Significant Innovation Drives Taking Place in Digital Related Agri-Technologies » Developments in digital data and digital intelligence are significantly influencing farming practice » Uptake will intensify, leading to greater: – Accuracy of application – Autonomous real
Slide 14: Integrating Crop & Digital Technologies
Integrating Crop & Digital Technologies Combining Newly Acquired and Market Proven Digital Capabilities with Origin’s Agronomy Expertise and Service Orientated Customer Channels Advanced Agronomy Adaptive Agronomy » New & systemised data acquisition at scale » Localised & » Predictive & diagnostic c
Slide 15: Sustaining Agronomic Value Add
Sustaining Agronomic Value Add Applications Research Platform Delivering Pipeline of New Agronomy Tools and Applications Partnership UCD Research Collaboration Outreach ICT AGRONOMIC CUSTOMER ENGAGEMENT WORK PACKAGES WORK PACKAGES WORK PACKAGES 1 2 3 4 CRO P ESTABLISHMENT 7 8 9 5 DAT A DATA INTELLIG
Slide 16: Strategic Priorities and Focus Points for Growth
Strategic Priorities and Focus Points for Growth Ireland and the UK Continental Europe Sales force 350 320 Customers 29,000 UK 17,000 Service footprint 1.4m Ha 10.4m Ha Farm size range 100 – 2,000 Ha Ireland 100 – 50,000 Ha Sector profile Competitive Fragmented Origin positioning 1 2/3 » Capitalise
Slide 17: Summary
(Zan Origin ENTERPRISES PLC Summary 17
Slide 18: Summary
Summary » Well invested and focused business with established Group competencies » Scale geographical and sector positions with strong direct farm linkages » 2018 focus areas: – Defined priorities for customised crop technology transfer – Business integration, cash generation and operational effecti
Slide 19: Preliminary Results and Annual General Meeting
Preliminary Results Annual General 2016 Meeting 28 September 2016 24 November 2017
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