Tasfoods Limited · ASX:TFL
Tasfoods — Shareholder Meeting (May 2017)
20 slides from Tasfoods's shareholder meeting presentation, May 24, 2017
Slide 1: AGM Presentation - May 2017
AGM Presentation - May 2017 For personal use only
Slide 2: TasFoods Ltd
TasFoods Ltd For personal use only Creating value through revenue growth from a portfolio of food brands differentiated by provenance attributes that deliver on premium consumer expectations.
Slide 3: Authenticity is the heart of our brand
For personal use only Authenticity is the heart of our brand underpinned by 3 core elements
Slide 4: Food should reflect the environment in which it was produced
1. We believe that food should reflect the environment in For personal use only which it was produced This is why we choose to produce food in Tasmania – a cool climate capable of producing a wide range of food products with a high level of water security. As an island located in the remote Southern
Slide 5: Trust in the authenticity of claims about food production
2. We believe that people should be able to trust in the authenticity of claims made about the processes used to For personal use only grow and produce food To build that trust we aim to be transparent in our production processes. Open days, videos, social media shares and tasting sessions are some
Slide 6: Employees and contractors proud and open about what they do
3. We believe that our employees and contractors should be proud and open about what they do for our business For personal use only and how they do it. We are creating systems and processes to support our employees and contractors to understand the standards that have been designed to meet customer
Slide 7: 2016 Overview
For personal use only 2016 Overview
Slide 8: Key Outcomes of 2016
Key Outcomes of 2016 For personal use only • Capital raising to fund acquisitions of $25.39 million before costs • Two significant acquisitions, being: • Nichols Poultry for $12.74 million ($9.36 million of equity, $3.38m debt repaid post acquisition) • Shima Wasabi for $2.77 million • Relocation of
Slide 9: 2016 Financial Performance
2016 Financial Performance For personal use only 2016 2015 $’000 $’000 Sales Revenue 15,980 1,019 Profit/(loss) before tax from continuing operations (2,611) (2,096) Profit/(loss) after tax from continuing operations (2,982) (2,096) Each individual business unit reported sales growth during the 2016
Slide 10: 2016 Sales Revenue
2016 Sales Revenue For personal use only Nichols Poultry represents 87% of the revenue and is sold only within Tasmania Revenue growth for 2017 is focused on expanding markets within Australian Eastern seaboard for all products
Slide 11: Financial Position
Financial Position For personal use only • Net assets increased by $29.5 million as a result of capital raising during the year • Cash and cash equivalents totalled $11.862. The increase of $9.06 million can be associated with capital raising proceeds retained for working capital and future acquisit
Slide 12: 2016-17 Building Capacity
For personal use only 2016-17 Building Capacity
Slide 13: Establishing standards to support premium market positioning
Establishing standards to support premium For personal use only market positioning • Advancing Food Safety programs for all operations to enable compliant supply for wide range of customers • Developing animal welfare and husbandry standards for new enterprises to meet consumer expectations • Updati
Slide 14: Expanding Production Capacity to Grow the Business
Expanding Production Capacity to Grow the Business For personal use only • Relocation of dairy processing operations to larger facility with increased production capacity • Construction of second wasabi greenhouse to double production • Installation of new chicken processing equipment to improve pro
Slide 15: Improving Customer Experience
Improving Customer Experience For personal use only • Improving quality and consistency of product • Improving customer feedback processes • Rationalisation of chicken product range and pricing structure • Resizing of products • Provision of sales support material
Slide 16: Building uniformity across the brand portfolio with an endorser brand
Building uniformity across the brand portfolio with an For personal use only endorser brand that focuses on the Tasmanian provenance
Slide 17: Revenue Growth Strategy
Revenue Growth Strategy For personal use only • New products • Improved packaging and product sizing • Yield improvement • Expanded lines to existing customers • New customers
Slide 18: Expected revenue impact in second half of 2017
We expect to see the work we have done to improve the business to impact the company’s revenue lines in For personal use only the second half of 2017
Slide 19: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only This presentation is provided by TasFoods Limited ACN 084 800 902 (TasFoods) to provide summary information about TasFoods and its subsidiaries and their activities as at the date of this presentation. The information in this presentation is of a
Slide 20: Questions? Contact us.
Questions? Contact us. For personal use only General queries: P: (03) 6331 6983 E: admin@tasfoods.com.au Investor queries: Jane Bennett, CEO. M: 0418 567 480 E: jane.bennett@tasfoods.com.au