Collins Foods Limited · ASX:CKF
Collins Foods — Shareholder Meeting (August 2020)
31 slides from Collins Foods's shareholder meeting presentation, Aug 27, 2020
Slide 1: ASX cover letter: 2020 Annual General Meeting
27 August 2020 For personal use only ASX Market Announcements Office 10 Bridge Street SYDNEY NSW 2000 Via ASX Online Dear Sir / Madam COLLINS FOODS LIMITED (COLLINS FOODS) 2020 ANNUAL GENERAL MEETING Collins Foods’ Annual General Meeting (AGM) will be held today, commencing at 9.30am (AEST) Thursday
Slide 2: 2020 AGM Chairman's Message
For personal use only ASX RELEASE COLLINS FOODS LIMITED 2020 AGM CHAIRMAN’S MESSAGE Thursday, 27 August 2020: I am delighted to report on the successful 2020 financial year (FY20), that saw Collins Foods deliver continued strong earnings and dividend growth despite the impact of COVID-19. KFC Austra
Slide 3: Strong balance sheet
Strong balance sheet We have also maintained a strong balance sheet in a turbulent environment, thanks to strong operating cashflows, effective cash management, and tight controls on capital and operational expenditures during the peak of the crisis. As a result, our Net Leverage Ratio has continued
Slide 4: Closing thanks and contact details
I would like to thank my fellow Directors for their strategic contributions during the year and unwavering commitment and dedication during what has been an uncertain and unprecedented time. I would also like to thank all our shareholders for their support of Collins Foods over FY20, and their ongoi
Slide 5: 2020 AGM CEO's Report
For personal use only ASX RELEASE COLLINS FOODS LIMITED 2020 AGM CEO’S REPORT Thursday, 27 August 2020: I am both humbled and excited by the opportunity to lead the next chapter in Collins Foods’ outstanding growth story. I have been working closely with Graham Maxwell, our recently retired Managing
Slide 6: Operational performance: KFC Australia
Statutory NPAT decreased 7.8% to $31.3 million²; with Underlying NPAT increasing 5.1% to $47.3 million¹, reflecting growing sales volumes and cost controls that saw margins grow in KFC Australia. We have continued to generate strong cashflows, which are supporting growth initiatives, the payment of
Slide 7: KFC Europe performance
Overall underlying EBITDA was $6.8 million¹, at a 5.1% margin, only slightly down on the prior year, even after an incredibly challenging trading period towards the end of the second half due to COVID-19. As in Australia, we prioritised the health and wellbeing of customers and employees with operat
Slide 8: Sizzler Asia, people and communities
Royalty revenues in Sizzler Asia were up 1.2% on the prior year despite COVID-19 severely impacting royalties during the final few months of FY20. At the end of FY20, there were 73 restaurants operating in Asia. However, due to COVID-19 and since year end, all 6 remaining restaurants in China have b
Slide 9: Outlook for FY21
Across the KFC Australia business, we will continue to expand the delivery network and build on the consistent growth in e-commerce channels. We are targeting 9 – 12 new restaurant builds in FY21 which will feature strengthened and streamlined operational systems and innovation to improve the custom
Slide 10: Collins Foods Limited Annual General Meeting
COLLINS For personal use only FOODS LIMITED ANNUAL GENERAL MEETING 27 August 2020 ACN 151 420 781
Slide 11: How to ask questions
How to ask questions For personal use only Page 1
Slide 12: How to cast a vote
How to cast a vote For personal use only Page 2
Slide 13: Chairman's address
For personal use only Chairman’s address Robert Kaye SC
Slide 14: KFC Australia restaurants performing well
For personal use only KFC Australia restaurants performing well Page 4
Slide 15: Another record FY result; Strong balance sheet
For personal use only Another record FY result Strong balance sheet Page 5
Slide 16: Looking forward; CEO transition; New Non-executive Director
For personal use only Looking forward Successful CEO transition New Non-executive Director Page 6
Slide 17: CEO address
For personal use only CEO address Drew O’Malley
Slide 18: KFC
For personal use only Page 8 KFC
Slide 19: Taco Bell
For personal use only Page 9 Taco Bell
Slide 20: Financial performance
For personal use only Financial performance Page 10
Slide 21: Operational performance: KFC Australia
For personal use only Operational performance: KFC Australia Page 11
Slide 22: Operational performance: KFC Europe
For personal use only Operational performance: KFC Europe Page 12
Slide 23: Operational performance: Taco Bell
For personal use only Operational performance: Taco Bell Page 13
Slide 24: Operational performance: Sizzler
For personal use only Operational performance: Sizzler Page 14
Slide 25: Sustainability
Sustainability For personal use only We are driven to put people at the heart of everything we do. That’s why we strive to support the communities in which we serve, be uncompromising on food quality, and improve the sustainability of our restaurants and our operations. Collins Foods is committed to
Slide 26: Key strategic priorities for FY21
Key strategic priorities for FY21 For personal use only KFC Australia KFC Europe Taco Bell Australia Emphasise value and convenience to Build on sales momentum in Germany Continue to establish and build the Taco Bell maintain core brand strength in post brand in Australia Resume roll out of
Slide 27: AGM business
For personal use only AGM business
Slide 28: How to ask questions
How to ask questions For personal use only Page 18
Slide 29: How to cast a vote
How to cast a vote For personal use only Page 19
Slide 30: Proxy results
Proxy results To consider and, if thought fit, to pass the following resolutions as ordinary resolutions: For personal use only Resolution For Open Against Abstain 1 To receive and consider the Financial Report, Directors’ Report and Auditor’s Report of the Company and its controlled entities for th
Slide 31: Disclaimer
Disclaimer For personal use only • This presentation contains forward looking statements which may be subject to significant uncertainties beyond CKF’s control. • No representation is made as to the accuracy or reliability of forward looking statements or the assumptions on which they are based. • C