Slide 1: ASX cover letter: FY15 first-quarter trading update
Brambles Limited ABN 89 118 896 021 Level 40 Gateway 1 Macquarie Place Sydney NSW 2000 Australia GPO Box 4173 Sydney NSW 2001 Tel +61 2 9256 5222 Fax +61 2 9256 5299 www.brambles.com For personal use only 3 November 2014 The Manager - Listings Australian Securities Exchange Limited Exchange Centre 2
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Slide 3: First-quarter trading update: solid sales revenue growth; FY15 guidance updated
3 November 2014 ASX & Media Release Brambles’ first-quarter trading update: solid sales revenue growth; FY15 guidance1 updated for Ferguson acquisition Brambles today reported sales revenue of US$1,370.8 million for the three months ended September 20142, up 6% For personal use only (7% in constant
Slide 4: Further information
3 November 2014 ASX & Media Release Further information James Hall Raluca Chiriacescu Vice President, Investor Relations & Corporate Affairs Manager, Investor Relations +61 2 9256 5262 +61 2 9256 5211 For personal use only +61 401 524 645 +61 427 791 189 james.hall@brambles.com raluca.chiriacescu@br
Slide 5: Investor Day Presentation November 2014
2/11/2014 For personal use only Investor Day Presentation 3 November 2014 This afternoon’s agenda Business update Tom Gorman & Zlatko Todorcevski Ferguson acquisition Jason Rabbino First-quarter operating review - Containers Jason Rabbino - RPCs Wolfgang Orgeldinger - Pallets Peter Mackie Wrap-up an
Slide 6: First-quarter trading update
2/11/2014 For personal use only Business update First-quarter trading update Continued sales revenue growth across all operating segments Segment Sales revenue Growth Growth (US$M) (actual FX) (constant FX) Americas 582 4% 5% Europe, Middle East & Africa 358 4% 4% Asia-Pacific 92 6% 5% Total Pallets
Slide 7: FY15 guidance updated for Ferguson
2/11/2014 FY15 guidance1 updated for Ferguson For personal use only Strong sales growth with positive leverage to Underlying Profit Constant-currency sales revenue growth expected to be 8% to 9% Underlying Profit of US$1,055M to US$1,085M (30 June 2014 FX rates) Equates to growth of 9% to 12% compar
Slide 8: Ferguson acquisition accounting
2/11/2014 Ferguson acquisition accounting For personal use only Based on preliminary, unaudited purchase price allocation Enterprise value of £320M translates to US$523M at consolidation1 Amortisation of identifiable intangible assets estimated at up to £4M per year Assumes assets amortised over 10
Slide 9: Ferguson: strategic priorities
2/11/2014 For personal use only Containers Ferguson: strategic priorities Many levers to drive value creation Tanks and chemical containers 1 Organic growth Customer demand for DNV certification Expansion of value-adding services Opportunity to source from low-cost markets 2 Strategic sourci
Slide 10: Attractive offshore growth trends
2/11/2014 Attractive offshore growth trends For personal use only Deep-water environments accelerate containerization requirements 70,000 Barrels of oil equivalent per day (‘000) 60,000 50,000 Forecast shelf production CAGR, 2010-2025: 0.7% 40,000 30,000 20,000 10,000 Forecast deep-water production
Slide 11: Containers: first-quarter sales revenue
2/11/2014 Containers: first-quarter sales revenue For personal use only Acquisitions drive growth with mixed organic result Business unit Sales revenue Growth Growth (US$M) (actual FX) (constant FX) Automotive 37 1% 1% CHEP Pallecon Solutions 32 24% 24% CHEP Aerospace Solutions 19 19% 17% Oil & Gas
Slide 12: RPCs: first-quarter sales revenue
2/11/2014 RPCs: first-quarter sales revenue For personal use only Solid sales momentum continues in all regions Business unit/region Sales revenue Growth Growth (US$M) (actual FX) (constant FX) IFCO Europe 149 8% 9% IFCO North America 50 12% 12% IFCO South America 6 13% 35% IFCO total 205 10% 10% CH
Slide 13: Pallets: first-quarter sales revenue
2/11/2014 For personal use only Pallets Pallets: first-quarter sales revenue Resilient growth rate despite increased economic uncertainty Business unit/region Sales revenue Growth Growth (US$M) (actual FX) (constant FX) North America 518 4% 5% Latin America 64 4% 10% Europe 325 5% 4% Middle East & A
Slide 14: Key drivers of US operating costs
2/11/2014 Key drivers of US operating costs For personal use only More sustainable pool management providing new insights New pallet FY15 domestic commitment of commitment ~2M going to zero in FY16 >1 percentage point reduction in loss Asset control rate in five years to FY14 Pool utilisation 11% in
Slide 15: Appendices
2/11/2014 For personal use only Investor Day Presentation 3 November 2014 Appendices 11
Slide 16: Glossary of terms and measures
2/11/2014 Appendix 1 For personal use only Glossary of terms and measures Except where noted, common terms and measures used in this document are based upon the following definitions: Actual currency/FX Results translated into US dollars at the applicable actual monthly exchange rates ruling in each
Slide 17: Disclaimer
2/11/2014 Disclaimer For personal use only The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and