Gale Pacific Limited · ASX:GAP
Gale Pacific — H1 FY2022 Earnings Presentation
17 slides from Gale Pacific's earnings presentation, Feb 22, 2022
Slide 1: 1H FY22 Results
1H FY22 R E S U LT S 2 2 F E B R UA RY 2 0 2 2
Slide 2: Agenda
AGENDA 2 | G A L E PA C I F I C | 1 H F Y 2 2 R E S U LT S G A L E AT A G L A N C E ■ A global company ■ GALE’s brands R E S U LT S O V E R V I E W ■ Key financial metrics ■ Cash flow & balance sheet ■ Half year financial performance REGIONAL OVERVIEW ■ The Americas ■ Australia & New Zealand ■ MENA
Slide 3: A Global Company
A GLOBAL 3 | C O M PA N Y Orlando, USA Dubai, UAE Ningbo, China G A L E PA C I F I C Americas head office & manufacturing MENA sales office & warehouse Manufacturing & warehouse Los Angeles, USA Eurasia Warehouse & manufacturing Sales office | 1 H F Y 2 2 R E S U LT S A FA S T- G R OW I N G , WO R L
Slide 4: Global Brands
G A L E PA C I F I C 4 | GLOBAL BRANDS G A L E PA C I F I C | 1 H F Y 2 2 R E S U LT S COOLAROO Coolaroo is our market leading, globally recognised brand for consumer shade and pet products. Coolaroo branded outdoor GALE COMMERCIAL roller shades, shade sails, The GALE Pacific Commercial brand is rec
Slide 5: Results Overview
R E S U LT S OVERVIEW 5 1 H F Y 2 2 R E S U LT S | G A L E PA C I F I C |
Slide 6: Key Financial Metrics
KEY FINANCIAL 6 | METRICS G A L E PA C I F I C | 1 H F Y 2 2 R E S U LT S $95.9m $6.3m $0.7m REVENUE EBITDA PBT P C P : $ 1 0 6 .1 m ; P C P : $ 1 4 .7 m ; PCP: $8.8m; UP 54% ON 1H FY20 UP 84% ON 1H FY20 UP 118% ON 1H FY20 $(0.2)m (0.08)c 1.0c N E T P R O F I T A F T E R TA X EARNINGS PER SHARE INTE
Slide 7: Cash Flow & Balance Sheet
CASH FLOW & 7 | BALANCE SHEET G A L E PA C I F I C | 1 H F Y 2 2 R E S U LT S REDUCTION IN NET CASH DRIVEN P R I M A R I LY B Y INVESTMENT NET CASH FROM NET DEBT O P E R AT I N G A C T I V I T I E S IN INVENTORY TO OFFSET S U P P LY C H A I N $(6.3)m $12.8m PCP: $20.5m; PCP: $3.9m; CHALLENGES. DOWN
Slide 8: Half Year Financial Performance
HALF YEAR FINANCIAL 8 | PERFORMANCE G A L E PA C I F I C | 1 H F Y 2 2 R E S U LT S THOUGH REVENUE DECLINED 1H FY22 1H FY21 1H FY20 A$ million A$ million Change % A$ million Change % M A R G I N A L LY C O M PA R E D T O Revenue 95.9 106.1 (10) 62.3 54 GALE’S RECORD 1H FY21, EBITDA 6.3 14.7 (57) 3.4
Slide 9: Regional Overview
REGIONAL OVERVIEW 9 1 H F Y 2 2 R E S U LT S | G A L E PA C I F I C |
Slide 10: The Americas
THE AMERICAS 10 | G A L E PA C I F I C | 1 H F Y 2 2 R E S U LT S GALE’S CORE PRODUCT RANGES C O N T I N U E D T O R E S O N AT E S T R O N G LY WITH CONSUMERS AND CUSTOMERS, WITH CONSUMER DEMAND NORMALISING F O L L O W I N G T H E PA N D E M I C H O M E IMPROVEMENT SURGE IN 1H FY21. First half reve
Slide 11: Australia & New Zealand
AU ST R A L I A & 11 | NEW ZEALAND G A L E PA C I F I C | 1 H F Y 2 2 R E S U LT S 1 H F Y 2 2 R E V E N U E WA S D OW N 9 % O N REVENUE 1H FY21 BUT UP 55% ON 1H FY20, 1H $36.8m D R I V E N B Y M O R E M O D E R AT E C O N S U M E R FY20 B U Y I N G B E H A V I O U R A F T E R PA N D E M I C - 1H $6
Slide 12: MENA & Eurasia
MENA & 12 | EURASIA G A L E PA C I F I C | 1 H F Y 2 2 R E S U LT S MENA REVENUE EURASIA REVENUE Broad market trading 1H Revenue growth and profit 1H $5.8m $2.3m FY20 FY20 challenges and pandemic- expansion was attributed to related restrictions in 1H increased demand for GALE’s 1H $4.4m $2.3m marke
Slide 13: Company Strategy
C O M PA N Y S T R AT E G Y 13 1 H F Y 2 2 R E S U LT S | G A L E PA C I F I C |
Slide 14: Our Core Strategy
OUR CORE 14 | S T R AT E G Y G A L E PA C I F I C | 1 H F Y 2 2 R E S U LT S T O B U I L D G A L E PA C I F I C I N T O A FA ST E R G R OW I N G , WO R L D - C L A S S , G LO B A L FA B R I C S TECHNOLOGY BUSINESS. PRODUCT C AT E G O R Y I N N O V AT I O N GROWTH IMPROVED NEW O P E R AT I O N S MARK
Slide 15: Strengths
G A L E PA C I F I C 15 | STRENGTHS G A L E PA C I F I C | 1 H F Y 2 2 R E S U LT S C AT E G O R Y & H I G H Q U A L I T Y, CUSTOMER CONSUMER & MARKET LEADING I N N O V AT I V E PA R T N E R S H I P S COMMERCIAL BRANDS PRODUCTS D I V E R S I F I C AT I O N TECHNICAL V E R T I C A L LY GLOBAL O N -T
Slide 16: Outlook
OUTLOOK 16 | G A L E PA C I F I C | 1 H F Y 2 2 R E S U LT S 2 H F Y 2 2 P B T I S A N T I C I PAT E D T O B E C O M PA R A B L E T O 2 H F Y 2 1 AT $ 8 . 5 M I L L I O N . ■ GALE expects accelerated business performance and additional pricing programs in the Americas region throughout the summer se
Slide 17: Thank You
17 | G A L E PA C I F I C T H A N K YO U | 1 H F Y 2 2 R E S U LT S G A L E PA C I F I C L I M I T E D 145 Woodlands Drive Braeside, Victoria 3195, Australia Phone +613 9518 3333 W W W. G A L E PA C I F I C . C O M D I S C L A I M E R Statements contained in this presentation, particularly those reg