Mcmillan Shakespeare Limited · ASX:MMS
Mcmillan Shakespeare — Shareholder Meeting (October 2008)
9 slides from Mcmillan Shakespeare's shareholder meeting presentation, Oct 21, 2008
Slide 1: McMillan Shakespeare Limited Annual General Meeting
For personal use only McMillan Shakespeare Limited Annual General Meeting 21 October 2008
Slide 2: Financial Performance
Financial Performance For personal use only FYE FYE % change on 30/06/2008 30/06/2007 prior year $’000 $’000 Revenue 66,624 54,536 22.2% EBITDA 25,596 20,199 26.7% EBIT 24,145 18,856 28.0% NPAT 17,368 13,237 31.2% Basic earnings per share (cents) 25.76 19.79 30.2% Dividends declared per share (cents
Slide 3: Key highlights for financial year ended 30 June 2008
Key highlights for financial year ended 30 June 2008 For personal use only NPAT of $ 17.4M. Revenue growth of 22% and NPAT growth of 31.2% when compared to the prior year reflecting excellent organic growth. Net operating cash flow of $20.5M (after interest and CAPEX). Cash position of $18.0M. Dilut
Slide 4: Key highlights for financial year ended June 2008 (cont'd)
Key highlights for financial year ended 30 June 2008 (cont’d) For personal use only Restructured senior management team in place: - CEO Michael Kay (formerly AAMI CEO). - CFO Mark Cansdale (formerly Vision Systems CFO). - Group Executive Salary Packaging – Peter Lang (8 years at McMillan Shakespeare
Slide 5: Key highlights for financial year ended June 2008 (cont'd)
Key highlights for financial year ended 30 June 2008 (cont’d) For personal use only Continued strong unit growth in both salary packaging and novated leasing services. Continued strong development of RemServ Novated Leasing Services business (product range, sales, yield). Continued integration and l
Slide 6: Our core business has significant growth opportunities
Our core business has significant growth opportunities For personal use only Australian workforce approximately 10.7 million employees. McMillan Shakespeare Limited target market approximately 3.5 million employees. Participation rate by sector: Source: Industry estimates completed by MMS P5 October
Slide 7: McMillan Shakespeare in the context of current economic conditions
McMillan Shakespeare Limited in the context of current economic conditions For personal use only High exposure to non-cyclical sectors (Health, Public Benevolent Institution’s, public sector employers). Annuity income streams. No debt. Strong cash flow and cash reserves. Minimal credit risk. Scale.
Slide 8: Outlook for 2008/09
Outlook for 2008/09 For personal use only Continuing growth in salary packaging through increased participation and new business. Continuing growth in novated leasing services through cross-sell into our salary packaging customers. Continual development of product extensions and additional services.
Slide 9: Outlook for 2008/09 (cont'd)
Outlook for 2008/09 (cont’d) For personal use only We continue to invest in: - our people (training and frontline customer service); - new business acquisition (marketing/sales); - information technology infrastructure and program development; - product development, research and innovation. P8 Octob
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