Inchcape Plc · LSE:INCH
Inchcape — Shareholder Meeting (May 2021)
13 slides from Inchcape's shareholder meeting presentation, May 27, 2021
Slide 1: AGM 27 May 2021
AGM 3 27 May 2021
Slide 2: Nigel Stein, Chairman
Nigel Stein Chairman \
Slide 3: Duncan Tait, Group CEO
Duncan Tait Group CEO \
Slide 4: 2020 highlights
2020 highlights Decisive cost action + Further portfolio Advanced our strengthened financial position rebalancing technological progress R D £90m cost-restructuring Added four new Omni-channel platform substantially complete Distribution businesses roll-out accelerated Effective cash-flow Disposal o
Slide 5: 2020 headline KPIs
2020 headline KPIs Topline Profitability Cash Shareholders Revenue Operating margin Free Cash Flow Underlying EPS £6.8bn 2.4% £177m 23.6p (2019: 4.0%) (19)% £129m 107% 6.9p Organic sales growth PBT FCF conversion DPS (proposed) Figures are stated pre-exceptionals Annual General Meeting – 27th May 20
Slide 6: Quarterly revenue trend: underlying resilience
Quarterly revenue trend: underlying resilience Organic revenue growth (yoy%) How we’ve adapted Implemented click & collect; offering 1Q20 2Q20 3Q20 4Q20 1Q21 physically distanced delivery service 5% 4% 2% (6)% (5)% (13)% (2)% (2)% Added online payment capability (6)% (10)% (9)% (for both vehicles an
Slide 7: Strategic priorities
Strategic priorities \
Slide 8: Strategic priorities: distribution is our beating heart
Strategic priorities: distribution is our beating heart Distribution Excellence Vehicle Lifecycle Services People, Culture & Capabilities Digital, Data & Analytics Efficient Scale Operations Annual General Meeting – 27th May 2021 8
Slide 9: Investment proposition
“Bringing Mobility to the world’s communities - for today, for tomorrow and for the better” Investment proposition
Slide 10: Investment proposition: growth and cash returns
Investment proposition: growth and cash returns Disciplined capital allocation Strong cash- conversion Leveraging our Past five years: distribution scale Expansion FCF = 60-70% of - Dividends: £420m GDP+ organic opportunities operating profit Global sharing of - Acquisitions: £600m growth best pract
Slide 11: Nigel Stein, Chairman
Nigel Stein Chairman \
Slide 12: Q&A
“Bringing Mobility to the world’s communities - for today, for tomorrow and for the better” Q&A
Slide 13: AGM resolutions
AGM resolutions