Paragon Care Limited · ASX:PGC
Paragon Care — Shareholder Meeting (November 2023)
14 slides from Paragon Care's shareholder meeting presentation, Nov 21, 2023
Slide 1: Company Presentation – Annual General Meeting
Company Presentation Annual General Meeting 1 AGM 21 November 2023
Slide 2: Overview & Focus
John Walstab CEO and Managing Director Overview & Focus 2 AGM 21 November 2023
Slide 3: Company Overview
Company Overview ParagonCare Brands • Established • Established 20082008 in Australia in Australia • Medical • MedicalEquipment Equipment Distribution Distribution Distribution & Manufacturing & Manufacturing • Operating • Operating across across EyeCare, Eye Care, Orthopaedics, Orthopaedics, Surgic
Slide 4: Strong Asia Pacific Reach
Strong Asia Pacific Reach • Broad Geographical reach – Australia – New Zealand – Korea – Philippines 625 – Japan – Thailand employees – Vietnam – China ASIA • Strong presence in Asia Pacific 180 – organic growth AUS – enhancement of value proposition for 384 suppliers – increasing scale and efficien
Slide 5: A comprehensive distribution solution for global suppliers (OEMs)
A comprehensive distribution solution for global suppliers (OEMs) Customer Portfolio Addressing challenges for global suppliers Asia Pacific Institutions Footprint • Public / Private Hospitals • Local Market Knowledge • Laboratories • Business Scale Differences • Government Agencies • Transparency &
Slide 6: New Mount Waverley facility will support the Immulab export opportunity
New Mount Waverley facility will support the Immulab export opportunity Commissioned to support an uplift in Immulab manufacturing capacity and to facilitate consolidation of all Victorian operations onto one site. • Majority of the Victorian ParagonCare teams are now operating from the new facility
Slide 7: Overview of FY23 results
Overview of FY23 results 7 AGM 21 November 2023
Slide 8: Overview and Highlights
Overview and Highlights Continued strong performance in Asia SMS integration complete and business performing above expectations Refinanced – NAB and HSBC Progress on introduction of ophthalmic products into Asia and medical imaging into ANZ Installation of IBA Cyclotron in WA Commenced operations o
Slide 9: Education Hub
Education Hub Opened in New Zealand on the 18 October 2023, presenting the latest in healthcare technology innovation in a simulated ‘real world’ environment. Designed to provide a hands-on, interactive learning experience and innovative educational programs for all involved in the delivery of healt
Slide 10: Focus on Efficient Growth
Focus on Efficient Growth FY24 FY25 FY26 FY27 Manufacturing in new facility Immulab export of finished product Manufacturing Immulab contract manufacturing Media manufacturing Increased growth in elective surgery Rebuild Pain portfolio New market segments in Orthopaedic and Ophthalmics Distribution
Slide 11: Focus
Focus Reduction in corporate costs Efficient organic growth Consolidation of ERPs Unified ParagonCare branding Consolidation of operations Manage by distribution partner Simplified business structure Clearer market communication 11 AGM 21 November 2023 11
Slide 12: Outlook
Outlook • A full cost reduction and business innovation review • A leaner, contemporary management structure Corporate • Disciplined inventory and cash management Review • Continuing current growth initiatives with a focus on efficient organic growth • Smaller strategic acquisitions will be explored
Slide 13: Q&A
Q&A (Company Presentation) Annual General Meeting 2023 13 AGM 21 November 2023
Slide 14: Thank you for joining us today
Thank you for joining us today