F.f.i. Holdings Ltd. · ASX:FFI

F.f.i — Shareholder Meeting (November 2008)

10 slides from F.f.i's shareholder meeting presentation, Nov 18, 2008

  1. Slide 1: Annual General Meeting 2008

    For personal use only ANNUAL GENERAL MEETING 2008

  2. Slide 2: Presentation Outline

    Presentation Outline For personal use only „ Financial Summary Review „ Factors Affecting Financial Performance „ Priorities for 2009 „ Review of Operations „ Capital Management „ Future Outlook

  3. Slide 3: Financial Summary Review

    FINANCIAL SUMMARY REVIEW For personal use only „ Net profit after tax up 2% to $2.9 million. „ Sales revenue up 6% to $23.7 million. „ EBIT contribution from food operations down 21% to $1.6 million. „ EBIT contribution from property investment up 23% to $2.8 million. „ Full year dividend up 3% to 1

  4. Slide 4: Factors Affecting Financial Performance: Food Operations

    FACTORS AFFECTING FINANCIAL PERFORMANCE For personal use only „ Food Operations ‰ Record increases in the cost of raw ingredients. ‰ A tight labour market in Western Australia resulted in substantial increases in labour costs. ‰ Record fuel prices impacted on our distribution costs. ‰ Substantial in

  5. Slide 5: Factors Affecting Financial Performance: Property Investment

    FACTORS AFFECTING FINANCIAL PERFORMANCE For personal use only „ Property Investment ‰ Unrealized gains in land values amounted to $2.9 million ($1.9 million after tax). ‰ Cashflow now expected to commence in 2009. ‰ Total value of properties held for investment now totals $9.2 million. ‰ Land held a

  6. Slide 6: Priorities for 2009

    Priorities for 2009 For personal use only Strategic objective – “maximise longterm shareholder value” Profitability Æ Dividends Æ Capital Growth ‰ Increase productivity/reduce costs. „ Plant & equipment upgrades ‰ labour - repairs - reliability ‰ Growth sales revenue. „ New products Æ Market penetra

  7. Slide 7: Operations Summary

    OPERATIONS SUMMARY For personal use only „ Despite difficult market conditions all business units remain profitable. „ Continuing improvement in the value of our retail brands. „ Diverse income source both by products and markets : ‰ Industrial and food service ‰ Retail „ Private labels „ Our brands

  8. Slide 8: Capital Management

    Capital Management For personal use only Strategic Objective – “manage the company’s capital to deliver maximum long term value to shareholders”. „ Difficult and volatile capital and equity markets. „ Significant capital initiatives indefinitely deferred. „ Franking account balance totals $3.4 milli

  9. Slide 9: Future Outlook

    Future Outlook For personal use only „ Current market conditions remain difficult. „ Well positioned to deal with the expected economic downturn. ‰ reduced consumer discretionary spend ‰ increased home cooking needs ‰ basic food price inflation to continue „ Our business operations remain highly pro

  10. Slide 10: Annual General Meeting 2008

    For personal use only ANNUAL GENERAL MEETING 2008

Ffi Holdings — Shareholder Meeting (November 2008) on 6ix