Aub Group Limited · ASX:AUB
Aub — Macquarie Australia Conference 2016
10 slides from Aub's conference presentation, May 4, 2016
Slide 1: Presentation to Macquarie Australia Conference
4th May 2016 For personal use only The Manager Company Announcements Australian Securities Exchange Level 6, Exchange Centre, 20 Bridge Street Sydney, NSW 2000 Dear Sir / Madam, Re: Presentation to Macquarie Australia Conference Attached is a presentation to be given to Macquarie Australia Conferenc
Slide 2: Macquarie Conference May 2016
For personal use only Macquarie Conference May 2016 Mark Searles CEO & Managing Director
Slide 3: Who are AUB Group today?
WHO ARE AUB GROUP TODAY? For personal use only EQUITY IN 100+ RISK 450K Directly represent $2.6B GWP via equity partners, plus $1.9B GWP through broker group partners, for a combined RELATED BUSINESSES MANAGE 2 LEADING BROKING GROUPS IN AUS & NZ CLIENTS & GROWING $4.5B 310+ LOCATIONS GWP >3K STAFF 3
Slide 4: Our strategic goal
OUR STRATEGIC GOAL To be the leading provider of risk management, advice and solutions for our clients. For personal use only
Slide 5: Benefits of strategy delivering: 1H16 results
BENEFITS OF STRATEGY DELIVERING Income generated outside of Australian broking supporting Group strategy and growth - 1H16 RESULTS For personal use only REPORTED NPAT GROWTH. Up 72% Including after tax profit on sale of Strathearn ADJUSTED NPAT GROWTH. Up 3.5% DIVIDEND MAINTAINED. 12c Fully franked
Slide 6: Benefits of strategy delivering: 1H16 results by business
BENEFITS OF STRATEGY DELIVERING Income generated outside of Australian broking supporting Group strategy and growth - 1H16 RESULTS For personal use only INSURANCE BROKING Continued to build customer and policy numbers despite challenging market. - Australia Income flat despite premium rate reduc
Slide 7: Income generated outside of Australian broking – 3 year period
BENEFITS OF STRATEGY DELIVERING Income generated outside of Australian broking supporting Group growth – 3 year period For personal use only Year end June 12 - Dec 15 $’000s 70,250 60,250 50,250 40,250 30,250 20,250 10,250 (12 months ending) 250 June 12 June 13 June 14 June 15 Dec 15 Total Australia
Slide 8: The change environment
THE CHANGE ENVIRONMENT Previous 3 years – a period of significant change both externally and internally For personal use only External Competition Significant increase in competitors Steadfast IPO; Gallaghers; Aon, Marsh etc RBA Interest rate 38% decrease 3.25% > 2% Comm’l Lines Significant decline
Slide 9: Next steps
NEXT STEPS Supporting continuous growth… For personal use only LEVERAGING MARKET CONDITIONS - Premium rate decline showing signs of stabilising – leverage larger client & policy base - Insurer commercial lines margins unsustainable – all ‘talking up’ price increase strategy - Strategic partners reco
Slide 10: Questions?
For personal use only QUESTIONS?