Ive Group Ltd. · ASX:IGL
Ive — Shareholder Meeting (November 2021)
16 slides from Ive's shareholder meeting presentation, Nov 23, 2021
Slide 1: 2021 Annual General Meeting: Chief Executive Officer's Presentation
For personal use only IVE Group Limited 2021 Annual General Meeting Chief Executive Officer’s Presentation Matt Aitken 23 November 2021
Slide 2: Contents
Annual General Meeting 23 November 2021 Contents For personal use only Financial performance dashboard 3 Key business highlights 4 Revenue diversification 7 Strategy, diversification and growth opportunities 8 Enhancing and amplifying Lasoo 9 Trading update for the 4 months ended 31 October 2021 10
Slide 3: Financial performance dashboard
Annual General Meeting 23 November 2021 Financial performance dashboard For personal use only EBITDA NPAT $100.2m $30.2m GROSS PROFIT REVENUE MARGIN $656.5m (including JobKeeper) 48.1% (including JobKeeper) (3.1% decrease on PCP) $85.3m (46.2% PCP) $19.9m (excluding JobKeeper) (excluding JobKeeper)
Slide 4: Key business highlights
Annual General Meeting 23 November 2021 Key business highlights For personal use only Earnings guidance met, strong cashflows deliver increased balance sheet strength and demonstrate underlying resilience Strong operating performance > Delivered on earnings guidance – EBITDA $100.2m > Improved margi
Slide 5: Balance sheet further strengthened
Annual General Meeting 23 November 2021 Balance sheet further strengthened For personal use only > Strong cashflow generation, operating cashflow conversion of 131% > Net Debt reduced by $59.8m from $137.1m (30 June 2020) to $77.3m > Cash balance at 30 June 2021 of $107m > Net debt to pre AASB16 EBI
Slide 6: Customers and revenue
Annual General Meeting 23 November 2021 Customers and revenue For personal use only IVE continues to benefit from its differentiated value proposition and a loyal, strong and diversified customer base Retention > IVE provided continuity of service and supply to all customers throughout the pandemic
Slide 7: Revenue diversification
Annual General Meeting 23 November 2021 Revenue diversification For personal use only Execution of our strategy has resulted FY21 in the increased diversification of Revenue revenue streams and broader client $656.5m relationships Integrated marketing > Our long-term strategy of evolving our value p
Slide 8: Strategy, diversification and growth opportunities
Annual General Meeting 23 November 2021 Strategy, diversification and growth opportunities For personal use only A clearly defined and well executed strategy has resulted in a resilient business with diversified revenue streams, well positioned to pursue growth initiatives Execution of the long-term
Slide 9: Enhancing and amplifying Lasoo
Annual General Meeting 23 November 2021 Continuing to expand our digital offerings further through For personal use only enhancing and amplifying Lasoo > Lasoo was the first digital IVE very well positioned to catalogue site in Australia, capitalise on growth in digital established in 2007 catalogue
Slide 10: Trading update for the months ended October 2021
Annual General Meeting 23 November 2021 Trading update for the 4 months ended 31 October 2021 For personal use only > Strong revenue recovery and momentum across the business with revenue up 9% over pcp* > EBITDA & NPAT* up 32% and 75% respectively on pcp, demonstrating heightened operating leverage
Slide 11: Supply chain: opportunities and challenges
Annual General Meeting 23 November 2021 Supply chain: opportunities and challenges For personal use only Post COVID global supply chain disruption has a dual effect: > We continue to benefit from clients “onshoring” work previously produced offshore to guarantee supply > Paper prices have moved to t
Slide 12: Major H2 initiatives
Annual General Meeting 23 November 2021 Major H2 initiatives For personal use only Active Display Group (ADG) and AFI Branding Solutions (AFI) acquisition and integration > Acquisition metrics — The acquisition of ADG and AFI completed on 1st November 2021 for consideration of $6.5m. $5.2m of the co
Slide 13: Victorian site consolidation
Annual General Meeting 23 November 2021 Victorian site consolidation It is important to note that IVE has For personal use only duplicate operations for all parts of the business across both NSW and Victoria. Over the last two years and the current year we have invested significantly on our Victoria
Slide 14: Braeside precinct consolidation
Annual General Meeting 23 November 2021 > The new Braeside precinct across four co-located buildings also totalling 52,000 sqm 4 3 For personal use only — Our sheetfed & digital printing and DDC operations currently across 2 2 buildings in Clayton since 2006 will relocate to Building 1 (18,000 sqm)
Slide 15: Outlook
Annual General Meeting 23 November 2021 Outlook For personal use only The solid underlying fundamentals of the business, combined with the strength of our balance sheet, place IVE in an ideal position to deliver growth as we emerge from this period of COVID disruption > The financial performance of
Slide 16: Thank you
Thank you IVE Group Limited ABN 62 606 252 644 For personal use only Level 3, 35 Clarence Street Sydney NSW 2000 ivegroup.com.au Authorised by the IVE Board Contact: Richard Nelson Investor Relations richard.nelson@ivegroup.com.au +61 2 8064 5425