Xrf Scientific Limited · ASX:XRF
Xrf Scientific — Shareholder Meeting (November 2015)
6 slides from Xrf Scientific's shareholder meeting presentation, Nov 13, 2015
Slide 1: 2015 AGM CEO Presentation
2015 AGM CEO Presentation 2015 Annual General Meeting, 13 November 2015, Perth: For personal use only Page 1
Slide 2: 2015 financial year overview
2015 AGM CEO Presentation For personal use only Good morning ladies and gentlemen, I’m pleased to report to you our 2015 financial year. Despite difficult conditions being experienced for a second year in a row, a strong level of profitability has been delivered. Although revenue fell by 5% to $20.5
Slide 3: Consumables division
2015 AGM CEO Presentation For personal use only Looking at the first of our divisions, Consumables, revenue was down for the year by 6%, which resulted in a decline in profits before tax of 18% to $1.9m. Revenue was in general stable, which has been approximately $3m per half for the last 18 months.
Slide 4: Precious Metals division
2015 AGM CEO Presentation For personal use only The Precious Metals division continues to perform solidly. Revenue decreased by 4%, however profits before tax were up 11% to $1.5m. The increase was in part from XRF’s Canadian division that increased profitability on platinum products in 2015. During
Slide 5: Capital Equipment division
2015 AGM CEO Presentation For personal use only Sales of products in the Capital Equipment division were robust, which generated revenue of $5.7m. Profits increased strongly by 79% to $632k. The result was primarily driven by the release of new products, which throughout the year included xrFuse 2,
Slide 6: Acquisition strategy and outlook
2015 AGM CEO Presentation We are also continuing to pursue our acquisition strategy, which resulted in the purchase of ICPH and Coltide Drift Monitors in 2015. As shareholders will be well aware, the Board has set strict acquisition criteria, which must be adhered to. A number of opportunities are c