Braime Group Plc Class A · LSE:BMT
Braime Group Plc Class A — T.F. & J.H. Braime (Holdings) — Shareholder Meeting (June 2019)
22 slides from Braime Group Plc Class A's shareholder meeting presentation, Jun 20, 2019
Slide 1: TF & JH Braime (Holdings) PLC Annual General Meeting
TF & JH Braime (Holdings) PLC Annual General Meeting 20th June 2019
Slide 2: Group Structure
Group Structure T.F. & J.H. Braime Holdings Plc Braime Pressings Ltd 4B 4B UK 4B Setem 4B USA 4B Asia Pacific 4B Germany 4B Africa 4B Australia 4B China
Slide 3: T.F. & J.H. Braime Holdings P.L.C.
T.F. & J.H. Braime Holdings P.L.C. Braime Braime Pressings Components
Slide 4: Summary of Group Performance in 2018
Summary of Group Performance in 2018 • Group Sales increased by 13.6% to £35.7M maintaining the consistent growth of recent years. • Operating Profit increased to £3.2M from £2.3M. • Profit after Tax was £2.2M from £1.6M. • The above excellent figures result from the Investments we continue to make
Slide 5: Maintaining Consistent Revenue Growth
Maintaining Consistent Revenue Growth
Slide 6: Increase in Group Operating Profit
Increase in Group Operating Profit
Slide 7: Board committed to increasing Dividends
Board committed to increasing Dividends, subject to performance & the need to finance continuing growth. Increase of 12.5% in the Dividend Paid on 2018 Result 1st Interim Dividend - October 2018 …… 3.5p (2017 - 3.10p). 2nd Interim Dividend - May 2019 ……. 8.0p (2018 – 7.10p). Total for 2018 - ……. 11.
Slide 8: Dividends – 5 Year History
Dividends — 5 Year History i Dividends paid pence per share 2014 2015 2016 2017 2018
Slide 9: Cash Flow - 2018
Cash Flow - 2018 • The Company generated £3.5M. After deducting the additional working capital to support the increase in Sales, Cash generated in 2018 was reduced to £2.4M. • Cash paid in 2018 for Capital Investments absorbed £1.8M. • After Interest Charges, Loan Interest, Repayment of Loans & Paym
Slide 10: Capital Investment in 2018
Capital Investment in 2018 • Capex Expenditure was £ 1.8M (2017-£0.7M). Compares to the Av. 5 Year Annual spend of £0.9M. Principal items:- • Re-Locating the Group’s US Manufacturing Plant in our Morton, Illinois Facility & purchasing new Injection Moulding Machines. • New 300 Tonne Hydraulic Press
Slide 11: New Injection Moulding Facility Relocated in 4B USA Facility
New Injection Moulding Facility Relocated in 4B USA Facility in Morton Illinois
Slide 12: Group Focus
Group Focus ➢ Quality. Supplying the Best and not the Cheapest Product. ➢ Continuous Productivity Improvement through Investment. ➢ Developing new Products which are “Better by Design”. ➢ Extending our Market reach into new Markets. ➢ Operating a Federal Management Style.
Slide 13: Focus on Quality
Focus on Quality. • Braime Pressings holds ISO 9001:2015 & manufactures to the Automotive Standard IATF 16949:2016. • In practical Terms our reject rate has to be below 25 Parts per Million. • Braime Elevators holds ISO 9001:2015 – the latest QC standard. • 4B Group have invested in Certifying their
Slide 14: Improve Productivity through Investment
Improve Productivity through Investment. • In essence this means every year producing more output with fewer people. • Change is understandably unpopular - subject culturally to strongly resistance - and very challenging to achieve. • As consumers, we are very demanding and Corporate customers deman
Slide 15: Developing New Product – Better By Design
Developing New Product – “Better By Design” • Stemming from from the Founders of the Company. • The Braime business was developed by two engineers who introduced entirely new Manufacturing Processes. • Both were “Serial Inventors” – over 40 Patents – not of revolutionary product, but by making innov
Slide 16: New Manufacturing Processes
New Manufacturing Processes The Founders also developed new Manufacturing Processes:- • Pioneers in introducing to the UK the new Technology of the Plastic Deformation of Steel, called today “ Deep Drawn Presswork”. • Designed & Built their own Premises< Tooling and Manufacturing Machines. • First t
Slide 17: Better by Design
“Better by Design” • This has been the marketing Slogan of the Group for years and is what separates ourselves from our competitors. • By this we mean looking at problems faced by engineers in our industry sector & re-designing or creating new product to provide customers with practical valuable sol
Slide 18: Federal Management Style
Federal Management Style • Our Senior Managers, almost all qualified professional Engineers, are encouraged to pursue their own ideas. • Overseas we provide our Subsidiaries with Guidelines, financial support and incentives. • However based on the fact that the Circumstances, Opportunities, Competit
Slide 19: Honoured by recent two visitors to our Group HQ
Honoured by recent two visitors to our Group HQ
Slide 20: 130 years celebration – Presentation of a Plaque
130 years celebration – Presentation of a Plaque from the Yorkshire Society
Slide 21: HRH, the Duke of Kent, Visiting our Premises
HRH, the Duke of Kent, Visiting our Premises & Meeting our Employees
Slide 22: Outlook
Outlook • After an initial Slow start to 2019, the Group is currently trading marginally above the same point last year. • Market conditions globally are deteriorating. • Retaliatory trade sanctions by China on the import of grain from the US are having a dampening effect on the US Market. • Based o
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