Super Retail Group Limited · ASX:SUL
Super Retail — Shareholder Meeting (October 2018)
37 slides from Super Retail's shareholder meeting presentation, Oct 24, 2018
Slide 1: 2018 Annual General Meeting
2018 Annual General Meeting 24th October 2018
Slide 2: Chair's Presentation
Chair’s Presentation Dr Sally Pitkin
Slide 3: Dividend Per Share Trends
Dividend Per Share Trends Reported DPS (c) 49.0 46.5 41.5 40.0 40.0 38.0 32.0 29.0 21.5 18.0 13.0 Jun 08 Jun 09 Jun 10 Jun 11 Jun 12 Jun 13 Jun 14 Jun 15 Jun 16 Jun 17 Jun-18 3
Slide 4: Long Term Shareholder Returns
Long Term Shareholder Returns Value of $1,000 invested 10 years ago $10,000 $9,000 $8,000 $7,000 Value of $1,000 invested $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 - Jun-08 Jun-09 Jun-10 Jun-11 Jun-12 Jun-13 Jun-14 Jun-15 Jun-16 Jun-17 Jun-18 Super Retail ASX200 Accum. Index ASX200 Accum. Consumer D
Slide 5: Chair's Presentation
Chair’s Presentation Dr Sally Pitkin
Slide 6: Play Video: Our Year in Review
Play Video Super Retail Group Our Year in Review Super Retail Group W// A | Inspiring you to live your passion
Slide 7: Group MD & CEO's Presentation
Group MD & CEO’s Presentation Peter Birtles
Slide 8: Contents
Contents 2017/18 Performance 2018/19 Trading Update Group Strategy
Slide 9: Group Highlights
Group Highlights FINANCIAL PERFORMANCE Total Group sales of $2.57 billion up by 4.2% on pcp Total Segment EBIT of $219.6 million up by 5.9% on pcp Normalised NPAT of $145.3 million up by 7.0% on pcp Operating cash flow of $308.4 million up by $73.9 million on pcp Full year dividend of 49.0
Slide 10: Group Highlights
Group Highlights Core businesses growing faster than retail sales - Total Sales Growth 5.3% 3.2% 3.7% - 2.9% Annual Growth in Total Nominal Retail Sales (per ABS Retail Trade 3 Aug 2018) Transformation initiatives delivering expected benefits Sports Outdoor - Customer NPS higher than PCP - Macpac tr
Slide 11: Group Highlights
Group Highlights Investment in omni-retail capabilities underpinning growth - Total On-line Sales Growth 85% 152% 76% - Increase in our Online Market Share(1) +5.8% +13.2% +3.2% (1) Source : Compare to key category competitors - Quantium NAB Data: 12 months ending June 2018. Continued strong cash ge
Slide 12: Performance Trends
Performance Trends Team Team Engagement Safety Team Retention Lost Time Injury Frequency Rate 71% 71% 70% 75% 75% 74% 74% 68% 13.2 8.8 6.5 6.4 Jun 15 Jun 16 Jun 17 Jun 18 Jun 15 Jun 16 Jun 17 Jun 18 Jun 15 Jun 16 Jun 17 Jun 18 Customer Average Net Active Club Customer Promoter Score Members Transact
Slide 13: Auto Retailing
Auto Retailing Key Statistics Snapshot (latest available data) Trend LFL Sales Growth (%) Active club members 1.47m 5.0 5 4.4 3.6 3.6 Club members NPS 59% 2.4 2.2 Club sales % total sales 37% 2.5 Store numbers 319 0 Share of online spending in auto retailers(1) 24% FY13 FY14 FY15 FY16 FY17 FY18 Onli
Slide 14: Outdoor Retailing - BCF
Outdoor Retailing - BCF Key Statistics Snapshot (latest available data) Trend LFL Sales Growth (%) Active club members 1.36m 6 5.5 5.1 Club members NPS 57% 4 2.2 Club sales % total sales 79% 2 1.1 -1.1 -1.1 Store numbers 134 0 Share of online spending in leisure 12% -2 FY13 FY14 FY15 FY16 FY17 FY18
Slide 15: Outdoor Retailing - Macpac and Rays
Outdoor Retailing - Macpac and Rays 2017/18 $Am Macpac contribution post acquisition - Sales 31.4 - EBIT 7.8 Rays - Sales 50.1 - EBIT (5.5) 52 week LFL sales growth - Macpac circa 8% - Rays continuing stores 8.2% Macpac Proforma Full Year - Sales 94.7 - EBIT 15.0 15
Slide 16: Sports Retailing
Sports Retailing Key Statistics Snapshot (latest available data) Trend LFL Sales Growth (%) Active club members 2.47m 8.0 8 6.6 6.3 Club members NPS 55% 6 4.4 Club sales % total sales 61% 4 2.6 2.0 Store numbers 159 2 0 Share of online spending in sports 25% FY13 FY14 FY15 FY16 FY17 FY18 retailers(1
Slide 17: Contents
Contents 2017/18 Performance 2018/19 Trading Update Group Strategy
Slide 18: 2018/19 Trading Update
2018/19 Trading Update Auto Retailing • Supercheap Auto sales growth in the first 16 weeks of 2018/19 • Total 4.1% • LFL 3.1% Outdoor Retailing • BCF sales growth in the first 16 weeks of 2018/19 • Total 1.7% • LFL 2.4% • Macpac sales growth in the first 16 weeks of 2018/19 • Total 17.6% • LFL 8.4%
Slide 19: Contents
Contents 2017/18 Performance 2018/19 Trading Update Group Strategy
Slide 20: Our Group Strategy
Our Group Strategy OUR VISION Inspiring you to live your passion To provide solutions and engaging experiences that inspire our customers to OUR PURPOSE make the most of their leisure time
Slide 21: Our Group Strategy
Our Group Strategy Healthy, passionate Inspired, engaged Sustainable omni- Top quartile OUR GOALS and high and satisfied retail capabilities shareholder returns performing team customers EXPERIENCE SOLUTIONS DELIVERY CONFIDENCE Engaging you Determining the Delivering how, Guaranteeing and providing
Slide 22: Our Group Strategy
Our Group Strategy Engaging capable team Growing businesses in high Building a world class OUR STRATEGY involvement categories members who share our omni-retail organisation customers’ passions EXPERIENCE SOLUTIONS DELIVERY CONFIDENCE Engaging you Determining the Delivering how, Guaranteeing and pro
Slide 23: Our Group Strategy
Our Group Strategy OUR EXPERIENCE SOLUTIONS DELIVERY CONFIDENCE INSPIRATION CUSTOMER Engaging you Determining the Delivering how, Guaranteeing Inspiring our PROMISE communities and providing best solution for when and the competitive with our outstanding your needs where you value of our passion ser
Slide 24: Our Group Strategy
Our Group Strategy OUR VISION Inspiring you to live your passion To provide solutions and engaging experiences that inspire our customers to OUR PURPOSE make the most of their leisure time Healthy, passionate Inspired, engaged Sustainable omni- Top quartile OUR GOALS and high and satisfied retail ca
Slide 25: Our Group Strategy
Our Group Strategy Growing businesses in Engaging capable team Building a world class high involvement members who share our omni-retail organisation categories customers’ passions ONE SUPER WAY COMPETITIVE OUR SUPER TEAM ORGANISATION SUSTAINABLE FOUNDATIONS TECHNOLOGY SUPPLY CHAIN SUSTAINABILITY 25
Slide 26: Group MD & CEO's Presentation
Group MD & CEO’s Presentation Peter Birtles
Slide 27: Items of Business
Items of Business Super Retail Group
Slide 28: Item 1 Statements of Reports and Accounts
Item 1 STATEMENTS OF REPORTS AND ACCOUNTS Resolution Required: NO Questions? 28
Slide 29: Procedure for the remainder of the meeting
Procedure for the remainder of the meeting Each item requires a formal vote. Shareholders will be given the opportunity to ask questions. Voting on each item will be by Poll rather than by show of hands. Attendees wishing to vote should use the Voting Card provided on registration. 29
Slide 30: Item 2 – Remuneration Report
Item 2 – Remuneration Report Resolution Required: VOTES RECEIVED: % of Eligible Votes Votes Cast Received (excluding “That the Remuneration abstentions) For 91,644,684 99.05% Report for the year ended 30 Undirected 352,644 0.38% (Chair) June 2018 be adopted” by Undirected 176,169 0.19% passing a non
Slide 31: Item 3 – Re-election of Director: Sally Pitkin
Item 3 – Re-election of Director: Sally Pitkin Resolution Required: VOTES RECEIVED: “That Dr Sally Pitkin, who retires Votes % of Eligible Votes Cast Received (excluding in rotation in accordance with abstentions) the Company’s Constitution and For 152,788,802 99.25% Undirected ASX Listing Rule 14.4
Slide 32: Item 4 – Election of Director: Peter Everingham
Item 4 – Election of Director: Peter Everingham Resolution Required: VOTES RECEIVED: % of Eligible “That Mr. Peter Everingham, in Votes Received Votes Cast (excluding accordance with 9.8 of the abstentions) For 153,379,855 99.64% Company’s Constitution and, Undirected 343,977 0.22% being eligible, o
Slide 33: Item 5 – Issue of Securities: Peter Birtles
Item 5 – Issue of Securities: Peter Birtles Resolution Required: VOTES RECEIVED: “That approval is given for the Votes % of Eligible Votes Cast purposes of ASX Listing Rule 10.14 Received (excluding abstentions) and for all other purposes, for the For 151,698,295 99.46% grant of 131,924 performance
Slide 34: Item 6 – Approval of Financial Assistance
Item 6 – Approval of Financial Assistance Special Resolution Required: VOTES RECEIVED: “That, in accordance with sections 260A and % of Eligible 260B (2) of the Corporations Act, and for all Votes Votes Cast other purposes, approval is given for: Received (excluding abstentions) a) the provision of
Slide 35: Polls
POLLS 1. Please complete your voting card 2. Place it in one of the polling boxes
Slide 36: Thank You
THANK YOU I extend an invitation to join the Board for light refreshments
Slide 37: 2018 Annual General Meeting
2018 Annual General Meeting 24th October
Super Retail Group — Shareholder Meeting (October 2018) on 6ix