C&c Group Plc · LSE:CCR
C&c — Shareholder Meeting (July 2014)
10 slides from C&c's shareholder meeting presentation, Jul 3, 2014
Slide 1: AGM
AOorL AGM C&C QrOup plc Saisie, 3 July, 2014
Slide 2: Operating Profit Growth, Net Debt Reduction and Share Performance
C&C Group AGM | Slide 2 Operating Profit Growth Net Debt Reduction 130 €m 300 €m 120 110 250 100 200 90 80 150 70 60 100 FY '08 FY '09 FY '10 FY '11 FY '12 FY '13 FY '14 FY '08 FY '14 400 Rebased to 100 C&C Group and ISE Performance 350 1 Jan 2009 to 1 July 2014 300 250 200 150 100 50 0 Jan 09 Jul 0
Slide 3: Building a Brand Led Wholesaler Model
Building a Brand Led Wholesaler Model - within resilient markets AGM | Slide 3 Ireland and Scotland Direct Route to Market Superior Customer Service Local Market Knowledge Strong Brand Portfolio Ireland & Scotland 74% of FY 2014 Op. profit 74% 16% increase on FY 2013 Ireland & Combine to provide str
Slide 4: FY 2014 Highlights
FY 2014 Highlights - period in review AGM | Slide 4 Fifth consecutive year of delivering earnings growth Progress against all financial measures Business integration complete Capital spend in brewing facilities Balance sheet strength and cash flow characteristics to capitalise international growth a
Slide 5: Strong Cash Generation Delivering Returns
Strong Cash Generation Delivering Returns AGM | Slide 5 FY 2010 – FY 2014 (last 5 years) €m €493m FCF generated EBITDA 651 €121m returned via dividend Change in working capital 62 Advances to customers (36) €81m debt reduction Net capex (97) Net finance costs (28) Effective capital deployment Tax (4
Slide 6: International Growth Opportunity
International Growth Opportunity AGM | Slide 6 Export Markets (excluding USA) Exporting to 47 countries; export volumes +11% USA Quality, stable wholesaler network, new cidery, new packaging and commercial initiatives in place Re-based expectations of growth but market remains attractive and dynamic
Slide 7: Corporate Social Responsibility
Corporate Social Responsibility AGM | Slide 7 Reduced total water usage despite increased production Trained 13,000 students at Tennent’s Training Academy Increased charitable activity - local and national charities supported in Ireland, UK and USA Increased commitment to responsible drinking agenda
Slide 8: Outlook
Outlook AGM | Slide 8 “C&C believes that the fundamentals of its core markets and its position within those markets support continued earnings growth. For the current financial year, C&C remains on track to deliver its financial objective of mid- single digit operating profit growth.”
Slide 9: www.candcgroupplc.com
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Slide 10: Disclaimer
Disclaimer This presentation does not constitute an invitation to underwrite, subscribe for, or otherwise acquire or dispose of any shares or other securities of the Company. The presentation contains forward-looking statements, including statements about the Company's intentions, beliefs and expect