Australian Dairy Nutritionals Limited · ASX:AHF
Australian Dairy Nutritionals — Shareholder Meeting (November 2016)
13 slides from Australian Dairy Nutritionals's shareholder meeting presentation, Nov 25, 2016
Slide 1: Australian Dairy Farms Group Annual General Meeting
AUSTRALIAN DAIRY FARMS GROUP ANNUAL GENERAL MEETING 25 NOVEMBER 2016 ASX Code: AHF ASX’s First Vertically Integrated Dairy Company Focused on Fresh Milk - Specialty Milk - Organic - Value Added Milk Products Australian Dairy Farms Group (AHF) consisting of: Australian Dairy Farms Limited ABN 36 057
Slide 2: Disclaimer
DISCLAIMER Commercial in Confidence This Presentation contains general information only and is, or is based upon, information which has been released to ASX. This document is not an invitation, offer or recommendation (expressed or implied) to apply for or purchase or to take any other action in res
Slide 3: AGM Agenda
AGM AGENDA 1. Welcome 2. Meeting Procedures 3. Chairman’s Address 4. Company Management Structure 5. CEO’s Presentation 6. Questions 7. Resolutions 8. Voting 9. Meeting Closure 3
Slide 4: Company and Management Structure
COMPANY AND MANAGEMENT STRUCTURE AUSTRALIAN DAIRY FARMS GROUP (ASX LISTED as AHF) AUSTRALIAN DAIRY FARMS TRUST AUSTRALIAN DAIRY FARMS LIMITED1 (ADFT) (ADFL) MICHAEL HACKETT ADRIAN ROWLEY PETER SKENE Chairman Director AHF Group CEO Director (Executive Duties)2 (Executive Duties) 2 Trustees Australia
Slide 5: Overview – Key Points
OVERVIEW – KEY POINTS ADFG Acquisition of milk processing capability – Camperdown Dairy Company (CDC), completed in April 2016. Appointment of Peter Skene as ADFG Group CEO and Director of AHF with focus to drive profit and growth. ADFG has successfully transitioned from being a corporate dair
Slide 6: Corporate Profile
CORPORATE PROFILE Corporate Statistics – 18 November 2016 Comparison of Listed Dairy Companies 18.12.2015 18.11.2016 18.12.2015 18.11.2016 Var. ASX Code AHF AHF AHF 0.13 0.18 38% Security price $0.13 $0.18 A2 Milk Company 1.38 2.24 62% 12 month security price range $0.13-0.38 $0.125-0.59 Bega Cheese
Slide 7: Financials – Statement of Performance
FINANCIALS – STATEMENT OF PERFORMANCE Jul-16 Aug-16 Sep-16 Oct-16 YTD Total INCOME 1 Dairy Income 469,281 401,974 443,776 650,622 1,965,653 CDC Income 1,532,676 1,551,984 1,768,979 1,318,036 6,171,675 2,001,956 1,953,958 2,212,755 1,968,658 8,137,328 LIVESTOCK Livestock Sales 8,906 35,032 288,568 35
Slide 8: Financials – Statement of Performance Commentary
FINANCIALS – STATEMENT OF PERFORMANCE COMMENTARY Commentary on Performance Farm Sensitivities • Milk Volume and Prices: o Milk production volumes are achieving production forecasts – 16.5M litres in FY17. o Milk price weak but now improving ($5.10/kgms vs. $6.40 at listing in mid-2014). o $1/kgms is
Slide 9: Financials – Capital Events
FINANCIALS – CAPITAL EVENTS Conversion of Convertible Notes The only significant Capital Event since the release to ASX of the Annual Financial Report and the September quarter cash flow report (Appendix 4C) is the conversion of the Convertible Notes on Issue since the Group Listed on ASX together w
Slide 10: First Months of AHF - CDC
FIRST 8 MONTHS OF AHF - CDC Milk supply planning Commenced Trial ranging of CDC April 2016 – AHF completed ready for negotiations for Fist Quarter milk yoghurts in selected Settled CDC vertical integration Regional and volumes for CDC are Woolworths execution. Melbourne metro forecast to be up on su
Slide 11: Growth Opportunities
GROWTH OPPORTUNITIES Expand CDC Expand Brand New Product Farm Export Retail & Food Product Distribution Development Optimisation Australia Service Offering & Awareness Export to Asian Markets • AHF continues to work directly with potential customers to grow export sales in Asia, with the aim into Ch
Slide 12: Sales Achievements
SALES ACHIEVEMENTS Building Brand Value • Increased sales of CDC branded products Diversifying Customer Base • Decreased customer concentration reduces sales maintenance risk. • Allows for diversification of products including specialty high value added ones. Entered new market channels • CDC milk i
Slide 13: Direction Forward
DIRECTION FORWARD The company is in discussions with several strategic potential partners and customers at every stage of the value chain from primarily production of milk, processing and through to sales. These commercial discussions are developing well and as per normal business practise are con
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