Greencore Group PLC · LSE:GNC
Greencore — Shareholder Meeting (January 2016)
8 slides from Greencore's shareholder meeting presentation, Jan 26, 2016
Slide 1: Annual General Meeting
Annual General Meeting 26 January 2016
Slide 2: Financial Highlights
FINANCIAL HIGHLIGHTS FY15 Versus FY14 Revenue £1,340.3m +5.4% LFL Operating profit £91.7m +10.6% Adjusted earnings per share 18.0p +13.2% Dividend per share 6.15p +12.8% ROIC 14.1% +40 bps 2
Slide 3: A Further Year of Strong Performance
A FURTHER YEAR OF STRONG PERFORMANCE… FY12-15 Revenue £m CAGR: 5% Track record of strong 1,340.3 1,273.5 delivery 1,197.1 1,161.9 Performing across all target metrics FY12 FY13 FY14 FY15 FY12-15 Sustained through Operating Profit2 £m CAGR: 9% 91.7 consumer, retailer 82.9 and competitive 74.4 7
Slide 4: Driven by the Success of Our Food to Go Led Strategy and Culture
…DRIVEN BY THE SUCCESS OF OUR OUR FOOD TO GO LED STRATEGY AND CULTURE UK US UK UK Food to Go Food to Go Prepared Grocery Meals 45% 15% 20% 20% Combined FY15 LFL revenue growth of 10.4% 4
Slide 5: Our UK Portfolio Is Outperforming the Market
OUR UK PORTFOLIO IS OUTPERFORMING THE MARKET New business wins in each UK FY15 Growth Rates division Resetting our model to new customer reality 8.9% Longer term agreements Building scale 4.7% Eliminating duplication across value chain 1.8% 0.7% Reinvesting in product Total UK Food UK Ch
Slide 6: US FY15 Delivery and Development
US FY15 DELIVERY AND DEVELOPMENT LFL revenue growth of 15.4% New sites commissioned and under construction Significant ramp-up costs impacting profitability 6
Slide 7: Outlook
OUTLOOK We have had a good start to the year Constant currency Group revenue growth of 6.8% in Q1 Food to go led strategy delivering Our major investments in capacity and capability enhancement are proceeding to plan We remain confident in our ability to deliver performance in line with ma
Slide 8: Greencore
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