Orica Limited · ASX:ORI
Orica — Shareholder Meeting (December 2016)
14 slides from Orica's shareholder meeting presentation, Dec 15, 2016
Slide 1: 2016 Annual General Meeting
For personal use only 2016 ANNUAL GENERAL MEETING 15 December 2016 Malcolm Broomhead, Chairman, Orica Limited Disclaimer: The information and opinions contained in this presentation or expressed by the presenters are for informational purposes only, are not investment or financial product advice and
Slide 2: Disclaimer
For personal use only DISCLAIMER Forward looking statements This presentation has been prepared by Orica Limited. The information contained in this presentation is for informational purposes only. The information contained in this presentation is not investment or financial product advice and is not
Slide 3: Chairman's Address
For personal use only CHAIRMAN’S ADDRESS 3 © Orica Limited Group
Slide 4: METS Sector Contribution
For personal use only METS SECTOR CONTRIBUTION 1. Austmine and METS Ignited 4 © Orica Limited Group
Slide 5: Orica's Contribution
For personal use only ORICA’S CONTRIBUTION 1. Orica FY2016 Compendium 5 © Orica Limited Group
Slide 6: Chairman's Address
For personal use only CHAIRMAN’S ADDRESS 6 © Orica Limited Group
Slide 7: 2016 Annual General Meeting - CEO
For personal use only 2016 ANNUAL GENERAL MEETING 15 December 2016 Alberto Calderon, Managing Director and CEO, Orica Limited
Slide 8: Safety and Environment
For personal use only SAFETY AND ENVIRONMENT Safety Performance • Tragically an explosion in the packaged 3 3 manufacturing plant in Antofagasta, Chile, Total Recordable Injury Frequency resulted in the deaths of two of our people – Thorough investigation into the cause of accident 2 2 completed; Fa
Slide 9: Results Demonstrating Earnings and Cashflow Resilience
RESULTS DEMONSTRATING EARNINGS For personal use only AND CASHFLOW RESILIENCE • Total AN product volumes of 3.54 million tonnes (pcp: 3.76 million tonnes) • Underlying EBIT1 of $642 million (pcp: $685 million) – EBIT margin of 12.6% • Underlying EBITDA1 of $908 million (pcp: $978 million) • NPAT2 of
Slide 10: Business Improvements Exceed Target
BUSINESS IMPROVEMENTS EXCEED For personal use only TARGET Net Benefits ($m) 94 ~38% 76 • Business initiative net incremental benefits 50-60 exceed targets; offsetting market impacts – Further rationalisation and optimisation of AN and Initiating Systems network FY15 FY16 FY16 – Improvement in plant
Slide 11: New Business Improvement Initiatives
NEW BUSINESS IMPROVEMENT For personal use only INITIATIVES New business improvement initiatives Outcomes… • Improved value selling and better understanding of customer needs Commercial • Improve margin mix • Reduce margin leakage • Increase raw material yields Operations • Rationalise footprint • Im
Slide 12: Delivering Against Our Plan
For personal use only DELIVERING AGAINST OUR PLAN Strategic initiatives Delivered to date… New Operating Model embedded Customer focused Clear regional and functional accountabilities and responsibilities business Improved transparency and streamlined reporting Highly experienced Executive a
Slide 13: Our Charter
For personal use only OUR CHARTER We are Orica, the global leader in mining and civil blasting. Our purpose Our purpose is to make our customers successful, every day, all around the world. We take pride in operating safely, responsibly and sustainably. Together, these enable us to grow and create e
Slide 14: Looking Forward
For personal use only LOOKING FORWARD Despite tough market conditions, our differentiated strategy will enable us to create greater value for our shareholders and customers While there has clearly been some external optimism on the market conditions, we remain conservative and will continue to focus