Premier Investments Limited · ASX:PMV
Premier Investments — Shareholder Meeting (December 2023)
22 slides from Premier Investments's shareholder meeting presentation, Dec 1, 2023
Slide 1: ASX Release: Annual General Meeting – Presentations
ASX RELEASE 1 December 2023 ASX Market Announcements Office Australian Securities Exchange ANNUAL GENERAL MEETING – PRESENTATIONS Please refer to the attached Chairman’s address to be delivered to shareholders at today’s Annual General Meeting, together with the AGM presentation. This announcement h
Slide 2: Chairman's Address
1 December 2023 CHAIRMAN’S ADDRESS On behalf of the Premier Investments Limited (“Premier” or “the Group”) Board, I would like to warmly welcome you to our Annual General Meeting for the 2023 financial year (“FY23”). It is both my pleasure and privilege to address Premier shareholders, the owners of
Slide 3: Premier Retail sales and brand performance
The strong Premier Retail profit contribution was delivered off a record $1.644 billion in global sales for FY23 - up 9.7% on FY22. We are particularly pleased with this year’s Premier Retail result, as it reflects yet another record sales result for Peter Alexander, a record sales contribution from
Slide 4: Myer investment and shareholder dividends
As I have mentioned, Premier commenced equity accounting for its 25.79% investment in Myer Holdings Limited partway through this financial year. At the end of FY23, the market value of Premier’s investment in Myer was $137.7 million, while Premier received a total of $21.6 million in fully franked d
Slide 5: Leadership and Acknowledgements
Leadership and Acknowledgements Premier has continued to deliver for shareholders through responsible and focused management, both at a Board and executive level. Numerous challenges presented over the past years – a once in a lifetime global pandemic, challenging macroeconomic environments, includi
Slide 6: Annual General Meeting - December 2023
ANNUAL GENERAL MEETING - 1 DECEMBER 2023
Slide 7: Portmans
portmans
Slide 8: Agenda
1. Chairman’s address AGENDA 2. Resolutions
Slide 9: Chairman's Address
1. Chairman’s Address
Slide 10: FY23 Financial highlights
FY23 Financial highlights Group Adjusted NPAT (non-IFRS) $278.6 million +6.43% on LY +9.7% on LY Group Statutory NPAT + 29.3% on ‘pre-COVID’ FY19 $271.1 million Premier Retail Sales +6.4% on LY +113% on ‘pre-COVID’ FY19 $1,643.5 million Premier Retail EBIT* $356.5 million * Excl significant items
Slide 11: FY23 Financial highlights – Peter Alexander
FY23 Financial highlights – Premier Retail PETER ALEXANDER RECORD FY23 SALES $478.9 million +11.8% on LY Peter Alexander Sales $'M 500 478.9 428.5 400 384.6 288.2 300 247.8 200 100 0 FY19 FY20 FY21 FY22 FY23
Slide 12: FY23 Financial highlights – Smiggle
FY23 Financial highlights – Premier Retail +22.4% on LY RECORD GLOBAL SMIGGLE SALES SMIGGLE Global All markets performing well - Sales Australia, New Zealand, Europe, Asia and wholesale channel. $319.8 million
Slide 13: FY23 Financial highlights – Apparel brands
FY23 Financial highlights – Premier Retail +17.9% on ‘Pre-COVID’ FY19 Record Collective Apparel Brand Sales $844.8 million
Slide 14: Omni-channel retail offering – online sales
FY23 Financial highlights – Premier Retail Omni-channel retail offering – delighting customers Online Channel Sales $’m however they choose to shop with us. 22.7% 20.9% 19.8% 350.0 340.1 20.0% 18.1% 324.7 297.5 300.0 15.0% 250.0 11.7% 220.4 200.0 9.5% 10.0% 148.2 150.0 112.5 100.0 5.0% 50.0 - 0.0% F
Slide 15: Balance sheet and shareholder returns
Balance sheet and shareholder returns Cash on Hand at Market value of 25.6% Full year ordinary and special dividends end FY23 Breville Investment at (cents per share, fully franked) end FY23 $417.6 $829.3 million million Accounting value of investment at 140 29 July 2023 - $333.7 million 120 16 25 1
Slide 16: Premier Investments brands
PREMIFR INVESTMENTS A.C.N. 006 727 966 THE JUST GROUP peteralexander portmans snniggle JUST GR dotti JACQUIE B. ie
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Slide 19: Resolutions
2. Resolutions
Slide 20: Jacqui E
peeeeet)))——_, JACQUIE
Slide 21: Thank you for attending
Thank you for attending
Slide 22: Appendix: Overview of Premier's non-IFRS financial information
Appendix Overview of Premier’s non–IFRS financial information • IFRS financial information is financial information that is presented in accordance with all relevant accounting standards. • Non-IFRS financial information is financial information that is presented other than in accordance with all re
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