Coats Group plc · LSE:COA
Coats — Shareholder Meeting (May 2018)
17 slides from Coats's shareholder meeting presentation, May 16, 2018
Slide 1: Annual General Meeting 2018
Annual General Meeting 2018 16 May 2018
Slide 2: Housekeeping: Disclaimer
Housekeeping Disclaimer Restricted distribution This presentation is not for release, publication or distribution, in whole or in part, directly or indirectly, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction (the
Slide 3: Housekeeping
Housekeeping Today’s slides will be available on our website www.Coats.com (investors / shareholder centre / general meetings) later today 3
Slide 4: Agenda
Agenda Welcome and Chairman’s presentation 1 Mike Clasper, Chairman Trading update 2 Rajiv Sharma, Group Chief Executive 3 Questions and answers 4 Notice of Meeting and Poll Vote on resolutions 5 Close of meeting and proxy totals 4
Slide 5: Welcome: Introductions
Welcome Introductions Present today we have the members from our Board • Mike Clasper CBE, Chairman • Rajiv Sharma, Executive Director and Group CEO • Simon Boddie, Executive Director and Group CFO • Nicholas Bull, Senior Independent Non-Executive Director • Mike Allen, Independent Non-Executive Dir
Slide 6: Chairman's presentation
Chairman’s presentation • Board changes • Pensions settlement completed • FTSE 250 entry • Dividend 6
Slide 7: Agenda
Agenda Welcome and Chairman’s presentation 1 Mike Clasper, Chairman Trading update 2 Rajiv Sharma, Group Chief Executive 3 Questions and answers 4 Notice of Meeting and Poll Vote on resolutions 5 Close of meeting and proxy totals 7
Slide 8: Business update
Business update Coats is the world’s leading industrial thread manufacturer and a major player in the Americas textile crafts market
Slide 9: 2017 reflections
2017 reflections Employee Apparel & FTSE Engagement Footwear sales 250 83% $1 Billion Performance PM Innovation Acquisition Material sales 12% growth >20% Patrick Yarns Digital NA Crafts sales EBIT = speed 11% decline 11% growth = share gain
Slide 10: Our recent financial journey
Our recent financial journey Strong progress across a range of key financial measures Adjusted operating profit $m Adjusted EPS (US cents) Return on capital employed Adjusted free cash flow (US$m) 10
Slide 11: Connecting for growth - driving the next phase of growth at Coats
Connecting for growth - driving the next phase of growth at Coats • Global mega trends positive for Coats, but industry is changing which brings new opportunities • Now is the right time to change from a position of strength and momentum • We will reposition Coats to achieve greater speed, agility,
Slide 12: Trading update summary
Trading update summary YTD (Jan-Apr) sales performance Connecting for Growth • +5% Group sales growth at CER • Programme on track to deliver anticipated gains • Driven by Industrial division +6%: Outlook • Apparel and Footwear +3% (thread • The Group continues to perform well +4%) • 2018 full year r
Slide 13: Agenda
Agenda Welcome and Chairman’s presentation 1 Mike Clasper, Chairman Trading update 2 Rajiv Sharma, Group Chief Executive 3 Questions and answers 4 Notice of Meeting and Poll Vote on resolutions 5 Close of meeting and proxy totals 13
Slide 14: Agenda
Agenda Welcome and Chairman’s presentation 1 Mike Clasper, Chairman Trading update 2 Rajiv Sharma, Group Chief Executive 3 Questions and answers 4 Notice of Meeting and Poll Vote on resolutions 5 Close of meeting and proxy totals 14
Slide 15: Notice of Meeting and Poll Vote on resolutions
Notice of Meeting and Poll Vote on resolutions On today's agenda there are 19 resolutions – Resolutions 1 to 16 inclusive are proposed as Ordinary Resolutions – Resolutions 17 to 19 inclusive are proposed as Special Resolutions The full text of the resolutions and an explanation of each can be found
Slide 16: Agenda
Agenda Welcome and Chairman’s presentation 1 Mike Clasper, Chairman Trading update 2 Rajiv Sharma, Group Chief Executive 3 Questions and answers 4 Notice of Meeting and Poll Vote on resolutions 5 Close of meeting and proxy totals 16
Slide 17: Proxy totals
Proxy totals *As a percentage of the aggregate of votes For plus votes Against (excluding votes Withheld). 17