Breville Group Limited · ASX:BRG
Breville — Macquarie Investor Conference 2022
25 slides from Breville's conference presentation, May 3, 2022
Slide 1: Macquarie Investor Conference 2022 - Presentation
3 May 2022 Manager, Company Announcements, Australian Securities Exchange Limited, Level 4, 20 Bridge Street, Sydney NSW 2000 MACQUARIE INVESTOR CONFERENCE 2022 - PRESENTATION Attached is a copy of the Breville Group Limited’s presentation at the Macquarie Investor Conference 2022, held on 3rd May 2
Slide 2: Breville Group Limited (BRG) Macquarie Investor Conference Presentation
Breville Group Limited (BRG) Macquarie Investor Conference Presentation 3rd May 2022
Slide 3: Disclaimer
Disclaimer To the extent this Presentation contains any forward-looking statements, such statements are not guarantees of future performance and involve known and unknown risks and uncertainties and other factors, many of which are beyond the control of Breville, its Directors and management, and in
Slide 4: Breville Overview / How did we do it? / What's next?
• Breville Overview • How did we do it? • What’s next? • 2H Update and Outlook 3
Slide 5: Breville|Sage Vision Statement
Breville|Sage Vision Statement 4
Slide 6: Large, Untapped Revenue Opportunity
Large, Untapped Revenue Opportunity Morgan Stanley Research Report, July 13 2020 • One of the few, truly global Australian companies • We have a long way to go • With large, untapped opportunity, focus reverts to team’s ability to execute 5
Slide 7: Relative Share Price Appreciation
Relative Share Price Appreciation (July 2016 – March 2022) BRG S&P500 ASX200 Source: Yahoo Finance Over the last 5+ years, Breville’s shareholder returns have materially outperformed the major market indices. 6
Slide 8: Breville Overview / How did we do it? / What's next?
• Breville Overview • How did we do it? • What’s next? • 2H Update and Outlook 7
Slide 9: We Re-Platformed The Company
We Re-Platformed The Company • Innovation is core differentiator with customers • Immediately increased investment in NPD and have been increasing ever since New Product Development 8
Slide 10: We Re-Platformed The Company
We Re-Platformed The Company Innovation is into • Restructured coreGlobal differentiator with organizational customers structure Immediately increased • Implemented global investment in operational NPD and backbone have (S&OP) been increasing ever since • Deployed global technology platform Global C
Slide 11: We Re-Platformed The Company
We Re-Platformed The Company Innovation • Brought is into Restructured corefunctional in global Global differentiator organizationalwith experts customers structure Immediately • All Implemented increased had provenglobal track record of investment running operational in NPD global, backboneand have
Slide 12: We Re-Platformed The Company
We Re-Platformed The Company Innovation • Built Restructured Brought globalis corefunctional in global Go-To-Market into Global differentiator organizationalwith experts capability customers structure Immediately • –All Implemented Accelerates increased had provenrevenue global track record of inves
Slide 13: We Re-Platformed The Company
We Re-Platformed The Company Innovation • Built Restructured Brought global Expanded is coreoffense indirect global Go-To-Market into functional Global to differentiator new markets: with capability organizational experts customers structure – Germany/Austria Immediately • –All Implemented Accelerat
Slide 14: Breville Overview / How did we do it? / What's next?
• Breville Overview • How did we do it? • What’s next? • 2H Update and Outlook 13
Slide 15: Platform Evolution
Platform Evolution Innovation Restructured Brought Built global Expanded • New is Product coreoffense indirect global Go-To-Market into functional Global Launch v2.0to differentiator new markets: with capability organizational experts customers structure – Germany/Austria • Improving execution throu
Slide 16: Platform Evolution
Platform Evolution Innovation Restructured Brought Built More global Expanded • New is coreoffense indirect global sophisticated ProductGo-To-Market into functional Global Launch verticals v2.0to differentiator capability organizational experts show with one company new markets: customers structure
Slide 17: Platform Evolution
Platform Evolution Customer-Driven Development • To date Expanded New NPD Innovation Restructured Brought Built More globalis successful coreoffense indirect global sophisticated ProductGo-To-Market into functional Global Launch verticals v2.0to intuiting experts onecustomer differentiator organizat
Slide 18: BRG Long-Term Growth Drivers
BRG Long-Term Growth Drivers Acquisitions Corporate Platform Solutions Go To Market Geographic Expansion New Product Development 17
Slide 19: Breville Overview / How did we do it? / What's next?
• Breville Overview • How did we do it? • What’s next? • 2H Update and Outlook 18
Slide 20: 2H FY22 Snapshot
2H FY22 Snapshot Corporate • Australia is live—all countries now on the new Corporate Platform Platform • Rolling out new Digital Experience platform (US and UK live) • Channel inventory (and Breville inventory) in much better shape Americas • Sell In/Sell Out healthy • Ukraine situation driving a h
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Slide 22: Specialty Coffee Association Awards
Specialty Coffee Association Awards Barista Pro TM Barista Express TM Impress 21
Slide 23: Jim ces
Jim ces DThe New Hork Gimes) WILLIAMS SONOMA" serious eats alll is.
Slide 24: FY22 Geographic Expansion
FY22 Geographic Expansion Nordics Norway Finland Live Denmark Sweden South Korea (June) Poland (July) 23
Slide 25: Reconfirming FY22 Guidance
Reconfirming FY22 Guidance We expect EBIT for the full year of FY22 to be consistent with the markets’ consensus forecast of ~$156m assuming: • No significant change in economic conditions in the Group’s major trading markets; • No material supply chain interruptions beyond what we experienced in th