Rea Group Ltd · ASX:REA
Rea — Shareholder Meeting (November 2017)
35 slides from Rea's shareholder meeting presentation, Nov 22, 2017
Slide 1: REA Group 2017 Annual General Meeting - Chairman Addresses
ASX Announcement 22 November 2017 REA Group 2017 Annual General Meeting Melbourne, Australia For personal use only Chairman Addresses Good afternoon. I’m Hamish McLennan, Chairman of REA Group Ltd, and on behalf of the Board I’m delighted to welcome you to our 2017 Annual General Meeting. Thank you
Slide 2: Chairman address: shareholder returns and strategy
For our shareholders: • Earnings per share increased by 12% to 173.3 cents; • And our total dividend for the year increased 12% to 91 cents per share fully franked For personal use only This is an excellent achievement. It has been driven by our ongoing focus on the successful implementation of our
Slide 3: Chairman address: Asia and market performance
live in urban areas. The pace of India’s population growth – some 15 million a year – is the world’s fastest, and within the next decade it’s expected to edge past China to become the world’s most populous country. We made a strategic decision to enter this market very early, so we are well position
Slide 4: Chairman address: thanks to shareholders and management
The Board would like to extend our sincere thanks to you, our shareholders, for your ongoing support. We would also like to commend and extend our thanks to Tracey and the REA Group executive team for their hard work. For personal use only Leadership is critical to the Group’s global success. In my
Slide 5: CEO Addresses
ASX Announcement 22 November 2017 REA Group 2017 Annual General Meeting For personal use only Melbourne, Australia CEO Addresses Thank you Hamish. Good afternoon and thank you for taking the time to join us today. As Hamish says, 2017 has been another exciting year for REA Group. Revenue grew 16% an
Slide 6: CEO address: quarter results and property advertising
In the last quarter, we: • Increased revenue by 21% delivering $190m; and • Grown EBITDA by 24% delivering $107m The numbers are driven in large part by our Australian residential business. While listings across the nation were flat, we did see an uptick in the markets of Sydney and For personal use
Slide 7: CEO address: content and Financial Services
Ever month we have more than 150 new content pieces – editorial news articles or video, and we’re seeing how much our consumers are engaging with this content. So this is broadening the audience we reach and helps us tap into a new type of media client, because now we’re reaching our audience in new
Slide 8: CEO address: our people and community
The heart of REA is our people. Everything we do, every idea we have, every product we release is a result of the collective genius of the 1400 people that are a part of REA Group. For personal use only We embrace diversity in all of its flavours – culture, orientation and gender. Women make up 42%
Slide 9: REA Group Limited Annual General Meeting 2017
For personal use only REA Group Limited Annual General Meeting 2017 MELBOURNE, AUSTRALIA, 22 NOVEMBER 2017
Slide 10: Hamish McLennan, Chairman
For personal use only Hamish McLennan Chairman
Slide 11: Strong growth on all financial metrics
Strong growth on all financial metrics For personal use only Revenue* Net profit* EBITDA* $671m $381m $228m +16% +16% +12% $380.9 $671.2 $228.3 $327.8 $204.3 $579.1 $177.4 $271.8 $477.3 $219.1 $148.3 $394.6 $157.4 $303.0 $106.0 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY
Slide 12: Strong returns to shareholders
Strong returns to shareholders For personal use only Earnings per share* Total dividend per share* 173¢ 91.0¢ +12% +12% *All figures quoted are from core operations which excludes significant non-recurring items such as revaluation and unwind of contingent consideration, foreign exchange (‘FX’) on p
Slide 13: Full year highlights
Full year highlights For personal use only 1 • More than 2x the visits of the #2 site • realestate.com.au moves into Financial Services • Investment in India • Created Lifestyle, a video-led content experience • Launched Spacely, our new short-term commercial rental site 1. Source: Nielsen Online Ma
Slide 14: Global network
Global network For personal use only 1. Source: Nielsen Online Market Intelligence Home and Fashion Suite average monthly visits and unique audience for the audited sites of realestate.com.au compared to domain.com.au, for the full year ended 30 June 2017, excludes apps.
Slide 15: Share price performance
Share price performance For personal use only Share price is reflected as at 20 November 2017
Slide 16: CEO Tracey Fellows
For personal use only CEO Tracey Fellows
Slide 17: The #1 place for property
The #1 place for property For personal use only The largest and most engaged audience Outperforming No. 2 realestate.com.au the competition property site Visits More than Average monthly traffic to realestate.com.au 1 2x 49.9m 19.7m Time on Site Average monthly total time on site (minutes) 2 More th
Slide 18: Strategy for continued growth
Strategy for continued growth For personal use only Lifestyle Property & Financial Global Advertising Services
Slide 19: Q1 results
Q1 results For personal use only Revenue* EBITDA* Free cash flow $190m $107m $34m 2017 $157m 2017 $86m 2017 $36m % change 21% % change 24% % change (5%) * Financial results/highlights from core excludes significant non-recurring items such as revaluation of contingent consideration, transaction cost
Slide 20: Property Advertising products
For personal use only Seller Hub Collections Access information & Curate your property search insights to sell smarter Property Front Page Spacely Get front & centre on Find a space and work Advertising realestate.com.au your way realcommercial.com.au Flatmates.com.au The home of commercial #1 for A
Slide 21: Financial Services and Lifestyle
For personal use only realestate.com.au Home Loans An integrated digital finance experience Mortgage Broking Lifestyle & realestate.com.au Home Loans Financial Services brokers & Smartline investment Lifestyle Lifestyle video and editorial content experience
Slide 22: Lifestyle
Lifestyle For personal use only A new video and editorial content experience
Slide 23: Financial Services
Financial Services For personal use only Home finance is an integral part of the property purchase process Search Find Finance
Slide 24: Global
For personal use only New Asian Android & iOS apps iProperty Malaysia New apps in Hong Kong, Malaysia & Combined established and Indonesia developer listings in Malaysia in market-first Global PropTiger realtor.com Extended Asian footprint The world’s largest property in India market
Slide 25: Asian highlights
Asian highlights For personal use only Strengthening global position with investments in marketing, innovation & leadership • +38% growth in visits in Malaysia1 • +94% growth in app visits in Indonesia2 • New Android & iOS apps in Hong Kong, Malaysia & Indonesia • Extending Asian footprint with earl
Slide 26: North America
North America For personal use only Strategic investment in world’s largest property market • Reported revenue grew 10% to USD$394m1 • realtor.com® delivered record consumer audience, reaching an all time high of 60m unique users in April2 • Growth of 11% to 52m3 unique users • Increase of 27% 4 in
Slide 27: Our people
For personal use only Our people
Slide 28: The #1 place for property
The #1 place for property For personal use only
Slide 29: Hamish McLennan, Chairman
For personal use only Hamish McLennan Chairman
Slide 30: AGM 2017 – Proxy votes
REA Group Limited AGM 2017 – Proxy votes For personal use only Securities On Issue 131,714,699 Valid Securities Voted 122,321,841 (For, Against, Open Usable, Open Conditional) Valid Securities Voted (%) 92.87
Slide 31: Proxy votes – Remuneration Report
REA Group Limited AGM 2017 – Proxy votes For personal use only Item 2 – To adopt the Remuneration Report Open For Against usable Number of Proxy Votes 104,564,601 11,004,839 134,245 % of Proxy Vote 90.37 9.51 0.12
Slide 32: Proxy votes – Election of Mr Ryan O'Hara
REA Group Limited AGM 2017 – Proxy votes For personal use only Item 3a – election of Mr Ryan O’Hara Open For Against usable Number of Proxy Votes 110,194,969 5,425,599 139,760 % of Proxy Vote 95.19 4.69 0.12
Slide 33: Proxy votes – Re-election of Mr Roger Amos
REA Group Limited AGM 2017 – Proxy votes For personal use only Item 3b – re-election of Mr Roger Amos Open For Against usable Number of Proxy Votes 116,151,954 371,027 139,390 % of Proxy Vote 99.56 0.32 0.12
Slide 34: Proxy votes – Re-election of Mr John McGrath
REA Group Limited AGM 2017 – Proxy votes For personal use only Item 3c – re-election of Mr John McGrath Open For Against usable Number of Proxy Votes 102,652,013 13,873,074 139,188 % of Proxy Vote 87.99 11.89 0.12
Slide 35: Visit our investor site
For personal use only Visit our investor site at rea-group.com Media: Erin Chancellor M: +61 411 048 474 E: erin.chancellor@rea-group.com Disclaimer: The material herein is a presentation of non-specific background information about the Company’s current activities. It is information given in Invest