Dfs Furniture Plc · LSE:DFS
Dfs Furniture — Investor Day (March 2022)
12 slides from Dfs Furniture's investor day presentation, Mar 15, 2022
Slide 1: Afternoon session
Afternoon session Tim Stacey & Jo Shawcroft 1
Slide 2: Capital Markets Day Welcome
CAPITAL MARKETS DAY Welcome 11:00 - 11:20 Welcome & Introduction Tim Stacey & Mike Schmidt Travel to stores 11:35 - 13:05 DFS & Sofology Store Visit Nick Smith & Emma Dinnis Travel & Lunch 14:05 - 14:25 Introduction to Platforms Tim Stacey & Jo Shawcroft 14:30 - 15:25 Breakout Sessions: Home & Data
Slide 3: To lead furniture retailing in the digital age
STRATEGY Today… “PILLARS & PLATFORMS” GROUP STRATEGY OUR MISSION OUR VISION To lead furniture HOME retailing in the Sourcing & Manufacturing Platform digital age Technology & Data Platform 2018-21: Realising the new ‘base’ Logistics Platform People & Culture Platform ESG 33
Slide 4: Sourcing & Manufacturing Platform
PLATFORMS Sourcing & Manufacturing Platform UK EUROPE FAR EAST OUR COMPETITIVE Focus & Focus & Focus & ADVANTAGE: specialism: specialism: specialism: 1. Styles to suit everybody Fabric Fabric, Leather Leather + ‘Good, Better, Best’ ‘Better, Best’ ‘Entry level, Good’ ‘Good, Better, Best’ 2. Exclusive
Slide 5: New investment in UK manufacturing
PLATFORMS New investment in UK manufacturing Rationale Ambition Addresses manufacturing capacity challenge Including Legacy systems & labour To create the UK’s most pool responsible, resilient, Addresses changing flexible & efficient sofa customer needs manufacturing operation Lead time increasingly im
Slide 6: Technology & Data Platform
PLATFORMS Technology & Data Platform Integrated Retail Intelligence Solutions 6
Slide 7: Logistics Platform
PLATFORMS Logistics Platform OUR Established COMPETITIVE Modern 7.5 30 CDC’s ADVANTAGE: nationwide tonne fleet 1. Last mile logistics platform: good for customer experience 2. Highest postcode densities: lowest Apollo variable cost of delivery New planning & “4-on-4-off’ 3. 7-day operation in-day shif
Slide 8: People & Culture
PLATFORMS People & Culture Covid 2020: Today: Moving forward with our people Delivering fundamental culture change New DFS retail remuneration: Strong communication & connection throughout Best of both worlds Flexible working: Financial support for our teams Hybrid, 4 on/4 off Plus…new Group Wide Cov
Slide 9: Our People Strategy
PLATFORMS People & Culture Our People Strategy MISSION Key highlights: FLAGSHIP ● New framework unites all parts of the Group ● New “Everyone Welcome” mission DIFFERENTIATORS ● Immediate focus on Inclusion & Wellbeing FOUNDATIONS 9
Slide 10: People & Culture: Cultural Shift Driving Results
PLATFORMS People & Culture DFS Retail in 2019 ● % of female colleagues 30% ● % of part time colleagues 5% Key demographics today ● female colleagues 46% ● part-time mix in DFS Retail is 43% Colleague engagement ● increase of 14 points in 2021, marked increase in Group Functions 1* - 3* ● 2022 Best R
Slide 11: Sustainability
PLATFORMS Sustainability Key focus areas: ● Supply chain assurance journey continues ● Carbon Reduction > Scope 3 Emissions model > Net Zero Roadmap & SBTi ● Carbon Fluency engagement programme ● Recycling > closing the loop > lead market and continue development ● Product innovation > test & learn
Slide 12: To lead furniture retailing in the digital age
PLATFORMS Today… “PILLARS & PLATFORMS” GROUP STRATEGY OUR MISSION OUR VISION To lead furniture HOME retailing in the Sourcing & Manufacturing Platform digital age Technology & Data Platform 2018-21: Realising the new ‘base’ Logistics Platform People & Culture Platform ESG 12 12