F.f.i. Holdings Ltd. · ASX:FFI
F.f.i — Shareholder Meeting (November 2023)
10 slides from F.f.i's shareholder meeting presentation, Nov 16, 2023
Slide 1: Annual General Meeting 2023 Shareholder Presentation
For personal use only Annual General Meeting 2023 Shareholder Presentation Presented by Geoffrey Nicholson - Managing Director FFI Holdings Ltd - 2023 AGM
Slide 2: Contents
Contents For personal use only • Highlights FY2023 • Financial Position • Food Manufacturing Business • Key Business Fundamentals • Growth Strategy • Conclusion FFI Holdings Ltd - 2023 AGM 2
Slide 3: FY 2023 – Challenges addressed – business stabilised
FY 2023 – Challenges addressed – business stabilised For personal use only • The major negative factors affecting the previous year’s profits have been addressed with a significant improvement in profitability occurring in the last half of the financial year • Full year profit after tax up 43% to $1
Slide 4: Strong financial position
Strong financial position For personal use only • Total equity up 4% to $44.2 million • Net tangible asset per share of $4.05 • Cash reserves of $2.7 million and no debts • Profit from the food business is underpinned by the investment property rental income of $1.36 million • Investment properties
Slide 5: What we do
What we do For personal use only Australia’s leading specialised food ingredient manufacturer providing products and solutions for the bakers and pastry cooks, ice cream, dessert and confectionery industries Cake Icings, Toppings & Decorations Confectionery Products Chocolate Products Fresh Food I
Slide 6: Quality, well established food business
Quality, well established food business For personal use only • Diverse manufacturing capabilities - in terms of both equipment and technical expertise • Quality products - supported by innovation, new product development and a commitment to quality and food safety • Extensive distribution network -
Slide 7: The way forward
The way forward For personal use only Continued focus on: • Our people - Our most important asset - with work place health and safety a key priority • Product quality - Australian manufactured involving ethical sourcing and social accountability • Innovation and new product development - to grow our
Slide 8: FFI Holdings is well positioned for growth
FFI Holdings is well positioned for growth For personal use only • Profitable, well established food business, capable of delivering high returns on funds employed • Sound financial position with quality assets and strong cash flows • Significant property investment that contributes to group profita
Slide 9: For personal use only
• This presentation was prepared by FFI Holdings Ltd. The information herein is current as at 16 November 2023. For personal use only • This presentation is not an offer or invitation for subscription or purchase of securities or a recommendation with respect to any security. Information in this pre
Slide 10: Annual General Meeting 2023 Shareholder Presentation
For personal use only Annual General Meeting 2023 Shareholder Presentation FFI Holdings Ltd - 2023 AGM