Mcpherson's Limited · ASX:MCP
Mcpherson's — FY2006 Earnings Presentation
7 slides from Mcpherson's's earnings presentation, Aug 30, 2006
Slide 1: Full Year Result - June 2006
FULL YEAR RESULT —- JUNE 2006 David Allman Managing Director
Slide 2: Profit & Loss
PROFIT & LOSS A$ Millions June 06 June 05 Sales 314.6 324.1 EBITDA 37.6 44.8 Depreciation (5.5) (6.0) EBITA 32.1 38.8 Interest (11.6) (10.6) NPBT 20.5 28.2 NPAT 15.0 21.7 Pre Tax Cash Flow 30.2 30.6 EPS (cents) 24.6 36.9 DPS (cents) 14.0 22.0 Note: June 2G06 earnings figures are before amortisation
Slide 3: Balance Sheet at 30 June 2006
BALANCE SHEET AT 30* JUNE 2006 A$ Millions June 06 June O05 Fixed Assets (including intangibles) 215.2 216.1 Net Working Capital 67.8 79.7 Other (31.1) (37.0) Funds Employed 251.9 258.8 Shareholders’ Funds 127.7 118.3 Net Debt 124.2 140.5 Funds Employed - Consumer Products 216.0 222.6 Funds Employed
Slide 4: EBITA Breakdown
EBITA BREAKDOWN (A$ Millions) June 06 Consumer Products — Australia 25.5 ~- International 6.7 32.2 Printing ~ Commercial 3.0 Printing ~ Directory - 3.0 Corporate, etc. (3.1) Group EBITA 32.1
Slide 5: Consumer Products Commentary
CONSUMER PRODUCTS COMMENTARY e EBITDA / Sales = 14.2% Australia e = Multix and Accantia management integrated (Melbourne) - good result. e Major logistics problems at Kingsgrove (Sydney) affected 2005/06 result - now rectified. Expense reductions. Removal of low contribution Housewares SKU’s. Invent
Slide 6: Printing Commentary
PRINTING COMMENTARY * EBITDA/ Sales 8.7% (11.4% excluding equipment operating lease expense). * Capital expenditure programme and restructure now complete. * Earnings growth anticipated.
Slide 7: Objectives
OBJECTIVES . Restore Kingsgrove profitability. . New Zealand growth. . Printing earnings growth. . Further acquisitions producing synergies.
McPherson's — FY2006 Earnings Presentation on 6ix