Collins Foods Limited · ASX:CKF
Collins Foods — Shareholder Meeting (August 2024)
24 slides from Collins Foods's shareholder meeting presentation, Aug 30, 2024
Slide 1: Collins Foods Limited Annual General Meeting
ACN 151 420 781 Collins Foods limited Annual General Meeting 30 August 2024 Authorised for release by the Board
Slide 2: Chair's Welcome
Chair’s Welcome Robert kaye sc 1
Slide 3: How to submit a question online
How to submit a question online …to ask a verbal question, follow the instructions on the virtual meeting platform… 2
Slide 4: How to cast a vote
How to cast a vote =| Vote When the Chair declares the poll open, select the ‘Vote’ icon and the voting options will appear on your screen. To vote, select your voting direction. A tick will appear to confirm receipt of your vote. To change your vote, select ‘Click here to change your vote’ and pres
Slide 5: Chair's address
Chair’s address Robert kaye sc 4
Slide 6: FY24 - maintained growth momentum
FY24 - maintained growth momentum We operated 381 Restaurants In Australia, the Netherlands and Germany TEAM MEMBERS 17,555 17 in Australia net new 3,230 Restaurants in Europe 5
Slide 7: Record revenue, dividend growth
Record revenue, dividend growth Revenue TOTAL FY24 (continuing operations) FULLY FRANKED 10.4% DIVIDEND to $1,488.9m 28.0cps (FY23: $1,348.6m) (FY23: 27.0cps) Net operating cash flow $30.2m to $176.4m Net Debt $46.7m to $165.5m 6
Slide 8: Positive impact strategy
Positive impact strategy Category Description OPERATIONS How we embed ESG into our operations to deliver benefit and improved experiences for all PEOPLE How we ensure the health and safety of our people and provide supportive and rewarding employment Communities How we ensure the health and safety o
Slide 9: Board and Executive changes
Board and Executive changes 8
Slide 10: Thank you
Thank you 9
Slide 11: Interim Managing Director & CEO's address
Interim Managing director & CEO’s address Kevin Perkins 10
Slide 12: In FY24, Collins Foods delivered another solid performance
In FY24, Collins Foods delivered another solid performance, leveraging the inherent resilience of our world-class brands to drive growth despite the combined impacts of cost inflation and cost-of-living pressures. 11
Slide 13: FY24 financial performance
FY24 financial performance Revenue UNDERLYING EBITDA (continuing operations) (continuing operations) 10.4% 12.0% to $1,488.9m to $229.8m (FY23: $1,348.6m) (FY23: $205.1m) Net operating cash STATUTORY NPAT flow (continuing operations) $30.2m to $176.4m 501.9% Net Debt to $76.7m $46.7m (FY23: $12.7m)
Slide 14: KFC Australia
KFC Australia 279 $221.4m Restaurants Statutory & underlying EBITDA $1.12B revenue 19.8% Statutory & 3.8% underlying same store EBITDA margin sales growth 13
Slide 15: KFC Europe
KFC Europe 75 $42.5m Restaurants underlying EBITDA $313.5m 13.2% revenue Statutory EBITDA margin 4.9% same store 13.6% sales growth Underlying EBITDA margin $41.4m Statutory EBITDA 14
Slide 16: Taco Bell
Taco Bell 27 $(0.7)m Restaurants underlying EBITDA $54.4m revenue 1.7% Statutory 3.5% EBITDA margin same store sales growth (1.3)% Underlying $0.9m EBITDA margin Statutory EBITDA 15
Slide 17: Sustainability
Sustainability OPERATIONS Planet • Sustainability Strategy • Sustainability Strategy • Strengthened ESG leadership • Strengthened ESG leadership and governance and governance • Improved ESG data collection • Improved ESG data collection • Restaurants providing for • Restaurants providing for communi
Slide 18: Outlook
Outlook • leveraging strength of world class brands • prioritising long term performance & consumer trust • proven growth strategy based on everyday value, product innovation & accessibility • first-half margins and SSS impacted by persistent inflation on cost of sales, labour and energy • operation
Slide 19: AGM Business
COLLINS FOODS LintTED AGM BUSINESS
Slide 20: How to submit a question online
How to submit a question online …to ask a verbal question, follow the instructions on the virtual meeting platform… 19
Slide 21: How to cast a vote
How to cast a vote =| Vote When the Chair declares the poll open, select the ‘Vote’ icon and the voting options will appear on your screen. To vote, select your voting direction. A tick will appear to confirm receipt of your vote. To change your vote, select ‘Click here to change your vote’ and pres
Slide 22: Proxy results – resolutions 2 and 3
Proxy results – resolutions 2 and 3 To consider and, if thought fit, to pass the following resolutions as ordinary resolutions: RESOLUTION FOR OPEN AGAINST ABSTAIN 1 Financial and Other Reports Shareholder approval not required. 2 Election of Director — Nigel Clark 75,944,172 189,911 1,630,215 50,30
Slide 23: Proxy results – resolutions 4 and 5
Proxy results – resolutions 4 and 5 RESOLUTION FOR OPEN AGAINST ABSTAIN 4 Increase in the maximum aggregate annual 70,364,902 186,696 353,237 77,540 remuneration of Non-executive Directors 99.25% 0.26% 0.49% That, for the purpose of ASX Listing Rule 10.17, clause 50 of the Company’s Constitution and
Slide 24: For further information please contact
For further information please contact INVESTORS Adrian Mulcahy Automic Group P: +61-438 630 422 E: adrian.mulcahy@automicgroup.com.au MEDIA Tristan Everett Automic Group P: +61-403 789 096 E: tristan.everett@automicgroup.com.au Disclaimer Collins Foods Limited ACN 151 420 781 (CKF) All figures are