Noumi Limited · ASX:NOU
Noumi — Bell Potter Home Grown Agriculture Conference 2023
24 slides from Noumi's conference presentation, Jun 14, 2023
Slide 1: ASX announcement: Bell Potter Home Grown Agriculture Conference 2023
Noumi Limited 8a Williamson Road Ingleburn NSW 2565 Australia ABN 41 002 814 235 14 June 2023 ASX Market Announcements ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 For personal use only Bell Potter Home Grown Agriculture Conference 2023 Noumi Limited (ASX: NOU) (the Company) attaches
Slide 2: Noumi Limited - Bell Potter Home Grown 2023
For personal use only Noumi Limited Bell Potter Home Grown 2023 14 June 2023
Slide 3: Important notice and disclaimer
Important notice and disclaimer For personal use only Summary Information Only This presentation criteria contains general information about Noumi Limited and its consolidated entities (“Noumi Limited”) and its activities current as at the date of this presentation. It is provided in summary and doe
Slide 4: Agenda
Agenda For personal use only OVERVIEW 01 COMPANY EVOLUTION 02 HY23 RESULTS 03 STRATEGY 04 CLOSING REMARKS 05 Noumi Limited | Bell Potter Home Grown 3
Slide 5: Overview
For personal use only Overview Noumi Limited | Bell Potter Home Grown 4
Slide 6: For personal use only
For personal use only Noumi Limited | Bell Potter Home Grown 5
Slide 7: Our history
Our history For personal use only Established in1984 as a small Australian company operating in private label and co-manufacturing 1995 1998 1984 Australia's Own plant-based Australia’s Own 2015 beverages were introduced entered the grocery in 1995 as a bespoke mainstream aisle and offering for Heal
Slide 8: Our history
Our history For personal use only 2019 2016 With the acquisition of the Vitalstrength brand in 2017 we entered the consumer protein market. We developed China based partnerships and expanded into Southeast Asia. Adding to our portfolio, we launched our UHT dairy milk range in Australia and 2017 Sout
Slide 9: Our history
Our history For personal use only 2021 2023 2022 Representing positive nutrition for a healthier tomorrow, a transformation program in 2021 set the business up to fulfill its potential as a global premium After 10 years in the market, Australia’s Own receives a nutritional product manufacturer. holi
Slide 10: Noumi – Key manufacturing sites
Noumi – Key manufacturing sites For personal use only Dairy & Nutritionals Plant-based beverages Shepparton, VIC Ingleburn, NSW • Noumi Nutritionals is a leading Australian • Our state-of-the-art facility in Ingleburn, manufacturer of quality shelf stable dairy New South Wales specialises in the dev
Slide 11: For personal use only
For personal use only Noumi Limited | Bell Potter Home Grown 10
Slide 12: Our Transformation and Evolution
For personal use only Our Transformation and Evolution Noumi Limited | Bell Potter Home Grown 11
Slide 13: H1 FY23 puts Noumi firmly in the Transform phase
H1 FY23 puts Noumi firmly in the Transform phase For personal use only HY22 HY22-23 FY23-25 RESET TRANSFORM GROW The financial, structural, operational Actions to Transform the Company Those improvements provide the and cultural Reset of the Company continue, with operational improvements springboar
Slide 14: Financial Performance
For personal use only Financial Performance Noumi Limited | Bell Potter Home Grown 13
Slide 15: H1 FY23 improved results in all segments
H1 FY23 improved results in all segments Milklab leads Plant-based Beverages to a record EBITDA result For personal use only Reset, Transform, Grow strategy delivers improved results > despite rising inflation and macro-economic uncertainty. HY23 Adjusted Operating EBITDA of $11.4m up 149% on HY22 P
Slide 16: Financial Performance
Financial Performance For personal use only Financial results | Plant-Based Summary of performance Change Record revenue, $279.8m with higher margin revenues almost ($m) HY23 HY223 Change (%) offsetting discontinued low margin products. Group Adjusted Operating EBITDA $11.4m. Net Revenue 81.9 83.3 (
Slide 17: Strategy
For personal use only Strategy Noumi Limited | Bell Potter Home Grown 16
Slide 18: Our Growth Strategy
Our Growth Strategy Develop high quality and innovative dairy and plant-based products to meet the different nutrition and taste needs of customers and For personal use only consumers across life stages Strategic Transform Dairy Accelerate Deliver Embed Develop Pillars & Nutritionals Plant-Based wor
Slide 19: Healthier Tomorrow Plan
Healthier Tomorrow Plan We aim to continuously For personal use only improve our environmental footprint for future generations Focus areas Waste and Packaging We aim to create • We minimise the waste we products and offer generate, maximising recyclable resources to improve materials and encouragin
Slide 20: Strategy | Plant-based Beverages
Strategy | Plant-based Beverages For personal use only Focus Areas Drive Milklab Oat in out-of-home market to partner with Milklab Almond Build on Milklab’s growing consumer popularity in the out-of-home and café segment Leveraging investment in out-of-home direct sales force to build market share d
Slide 21: Strategy | Dairy and Nutritionals
Strategy | Dairy and Nutritionals For personal use only Focus Areas Continued focus on margin growth through waste reduction and other operational efficiencies Targeted portfolio expansion, focusing on consumer demand Strengthen presence of Consumer Nutritionals branded portfolio with promotional ac
Slide 22: Trading Outlook – Updated
Trading Outlook – Updated For personal use only Plant-based Beverages Dairy has made significant Macro-economic conditions firmly established in growth progress in domestic create some uncertainty. phase markets. Australian Farmgate milk Focus on investment into Export competitiveness price structur
Slide 23: Q&A
For personal use only Q&A Noumi Limited | Bell Potter Home Grown 22
Slide 24: For personal use only
For personal use only Noumi Limited | Bell Potter Home Grown 23
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