Lifestyle Communities Ltd · ASX:LIC
Lifestyle Communities — Shareholder Meeting (November 2022)
13 slides from Lifestyle Communities's shareholder meeting presentation, Nov 15, 2022
Slide 1: Immediate Release to the ASX
ASX:LIC 15 November 2022 Immediate Release to the ASX Lifestyle Communities Ltd releases the attached Chair and Managing Director address for the Annual General Meeting to be held today at 9.00am (Melbourne time). For further information, please contact: James Kelly Managing Director Ph: (03) 9682 2
Slide 2: A Business for Purpose
A Business for Purpose Annual General Meeting 15 November 2022 Lifestyle St Leonards
Slide 3: Overview
Artist’s impression of the lounge at Lifestyle Woodlea Overview Introduction from Chair - Philippa Kelly Lifestyle Communities— Annual General Meeting Presentation, November 2022 1
Slide 4: Macro themes provide resilience through the cycle
Macro themes provide Overview resilience through the cycle Lifestyle Communities provides a credible option even in a falling market • First home buyers remain resilient supported by recently announced Government stimulus at both state and federal level • Affordable suburbs less sensitive to price m
Slide 5: Lifestyle's positioning
Lifestyle’s positioning Overview • Well positioned to navigate the current macro environment – no change in strategy • Lived experience is a differentiator for our homeowners • Continued focus on our people and culture – remains central to our growth • Development pipeline replenished – 7 projects t
Slide 6: Presentation
Presentation Artist’s impression of the Presentation kitchen at Lifestyle Bellarine Managing Director - James Kelly Lifestyle Communities— Annual General Meeting Presentation, November 2022 4
Slide 7: FY22 Review
FY22 Review Presentation Completed communities generate recurring revenue streams which are growing as new communities are added to the portfolio. • Portfolio + Pipeline of 5,391 home sites of which 3,193 home sites are occupied by 4,600+ homeowners • Opened new clubhouse at St Leonards and welcomed
Slide 8: Positioning for growth
Positioning for growth Presentation VATIO NO POWER N M IN ME ENES E SIV NT S RESPON CA • Lifestyle’s key point of difference is our customer RE centric culture • At the forefront of this is our recruitment strategy ON PASSI • Employee experience and benefits continue to attract key talent E M • We a
Slide 9: FY23 update
FY23 update Presentation • 126 sales and 96 settlements achieved to date • 7 project launches planned – 3 completed to date • Construction program progressing on plan • New home settlements will be second half weighted due to project timing • Debt Facility extended by $150m to $525m • Next refinanci
Slide 10: FY23 project launches
FY23 project launches Presentation Settlement Profile of Communities in Development he d he d L au n c L au n c FY23 FY24 FY25 180 homes 160 homes Community Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Mount Duneed ● Kaduna Park ● Wollert ● ● ● ● ● ● ● ● ● Deanside ● ● ● ● ● ● ● ● ● he d L au n c er ● ● ● ●
Slide 11: Outlook
Outlook Presentation • FY23 progressing well. 3 out of 7 planned project launches completed • No change to forward guidance released in August • FY23 settlements anticipated to be similar to FY22 before a step up in FY24 and FY25 as new projects come online • FY23 is expected to see a large increase
Slide 12: Important notice and disclaimer
Important notice and disclaimer This Presentation contains general background information about Lifestyle Communities Limited (LIC) and its activities current at 15 November 2022 unless otherwise stated. It is information in a summary form and does not purport to be complete. It should be read in co
Slide 13: Level 1/9 – 17 Raglan Street South Melbourne VIC 3205
Level 1/9 – 17 Raglan Street South Melbourne VIC 3205 1300 50-55-60 lifestylecommunities.com.au
Lifestyle Communities — Shareholder Meeting (November 2022) on 6ix