Graincorp Limited Class A · ASX:GNC
Graincorp Limited Class A — Australasian AgFood Conference 2025
16 slides from Graincorp Limited Class A's conference presentation, Mar 13, 2025
Slide 1: ASX Announcement: Australasian AgFood Conference Presentation
GrainCorp Limited ABN 60 057 186 035 Level 20, Tower 2, International Towers 200 Barangaroo Avenue Barangaroo NSW 2000 Australia 13 March 2025 t +61 2 9325 9100 f +61 2 9325 9180 graincorp.com.au ASX Announcement | Australasian AgFood Conference Presentation GrainCorp Limited (ASX:GNC) (Company) wis
Slide 2: Australasian AgFood Conference
For personal use only Robert Spurway Managing Director & CEO Australasian AgFood Conference Thursday 13 March 2025
Slide 3: Disclaimer
Disclaimer This presentation includes both information that is historical in character and information that consists of forward-looking statements. Forward looking statements are based on current For personal use only expectations of future results or events. The forward-looking statements are subje
Slide 4: Agenda
Agenda For personal use only About GrainCorp Strategy and growth Sustainability Financial Summary Outlook and conclusion GrainCorp acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of Australia and embraces the spirit of reconciliation, working towards the equality of o
Slide 5: Our network of assets
Our network of assets GrainCorp is a leading Australian agribusiness and processing company, with integrated operations For personal use only across four continents and a proud history of delivering for customers for more than 100 years 4
Slide 6: How we operate
How we operate We partner with growers to maximise the value of their crops, connecting them to domestic and global marketplaces through our end-to-end supply chain and infrastructure assets. We develop innovative solutions to create high quality and sustainable products across Human Nutrition, Anim
Slide 7: GrainCorp's vision and strategy
GrainCorp’s vision and strategy Refreshed strategy to deliver sustainable growth For personal use only 6
Slide 8: Macro trends supporting GrainCorp's strategy
Macro trends supporting GrainCorp’s strategy GrainCorp well positioned to grow Population growth / changing demographics GrainCorp’s position For personal use only • Global population growth driving demand • Leading position in ECA bulk handling • Shifting food consumption habits, especially in Asia
Slide 9: Diversifying non-grain port earnings
Diversifying non-grain port earnings Extracting value from non-grain handling capabilities Improving contribution margin(1) For personal use only Progress to date Contribution margin $m Contribution margin/mmt $(2) 13.8 • Contribution margin for bulk materials has grown from $26m in FY20 to $36m 12.
Slide 10: Progressing feasibility study for oilseed crush expansion
Progressing feasibility study for oilseed crush expansion Partnering with Australian industry to develop a viable supply chain For personal use only • Signed MOU with Ampol and IFM Investors to explore the establishment of an Australian based low carbon liquid fuel supply chain • Evaluation of targe
Slide 11: GrainCorp Next
GrainCorp Next A low-carbon initiative for the Australian grains supply chain For personal use only • GrainCorp Next is an initiative to build an end-to-end low-emission (and nature-positive) supply chain • The initial focus has been on the canola value chain, where GrainCorp's The program verticall
Slide 12: Delivering sustainable earnings through the cycle
Delivering sustainable earnings through the cycle GrainCorp earnings profile since FY20(1) Underlying EBITDA ($m) CPC Impact(2) For personal use only (87) 703 (77) 565 (65) 421 (35) 377 331 (55) 2954 320 268 98(3) 53 FY20 FY21 FY22 FY23 FY24 FY25e Average Underlying Average Underlying Average EBITDA
Slide 13: Average through-the-cycle earnings
Average through-the-cycle earnings Building blocks of $320m EBITDA in average earnings through-the-cycle Key drivers - Agribusiness Agribusiness – TTC contribution For personal use only ECA International • ECA crop production (winter & summer) • Western Australia and Canada crop production Agribusin
Slide 14: Balance sheet and capital management
Balance sheet and capital management Over $465m returned to shareholders since FY21 Core cash / (debt) ($m) Dividend history (cents per share) For personal use only 349 30 30 337 Ordinary dividend 24 24 24 24 Special dividend 16 16 12 10 10 10 177 10 8 12 14 14 14 14 14 8 10 (1) FY21 FY21 final FY22
Slide 15: Conclusion
Conclusion Delivering on our strategy to drive shareholder returns For personal use only Underpinned by positive long-term macroeconomic fundamentals Strong operational execution across our integrated network Average earnings through-the-cycle to $320m EBITDA Balance sheet with significant flexibili
Slide 16: GrainCorp Limited
For personal use only GrainCorp Limited Level 20, Tower 2, International Towers 200 Barangaroo Avenue Barangaroo NSW 2000