RCL Foods Limited · JSE:RCL
RCL Foods — FY2017 Earnings Presentation
22 slides from RCL Foods's earnings presentation, September 2017
Slide 1: Results for the Year Ended June 2017
INVESTOR PRESENTATION APPENDICES RESULTS FOR THE YEAR ENDED JUNE 2017
Slide 2: RCL Foods in Context
INVESTOR PRESENTATION APPENDICES RCL FOODS IN CONTEXT FOOD, LIQUOR BANKING HEALTHCARE INSURANCE INDUSTRIAL INFRASTRUCTURE MEDIA & SPORT & HOME CARE 2
Slide 3: Areas of Business
INVESTOR PRESENTATION APPENDICES AREAS OF BUSINESS 3
Slide 4: INVESTOR PRESENTATION APPENDICES
INVESTOR PRESENTATION APPENDICES 4
Slide 5: INVESTOR PRESENTATION APPENDICES
INVESTOR PRESENTATION APPENDICES 5
Slide 6: INVESTOR PRESENTATION APPENDICES
INVESTOR PRESENTATION APPENDICES 6
Slide 7: Strategic Thrusts
INVESTOR PRESENTATION APPENDICES STRATEGIC THRUSTS STRATEGIC THRUSTS STRATEGIC GOALS TO 2020 • Invest behind brands, grow key markets and our shares GROW THROUGH STRONG BRANDS • Accelerate added value, maximise core categories in South Africa PARTNER WITH STRATEGIC CUSTOMERS • Partner with strategic
Slide 8: Platform for Growth
INVESTOR PRESENTATION APPENDICES PLATFORM FOR GROWTH 2 224.0 REVENUE (Rbn) 25.0 25.0 EBITDA (Rm) 23.4 22.4 1 762.4 1 747.6 19.5 22.4 1 434.6 1 206.1 1 122.2 1 152.2 12.9 13.1 11.6 12.0 889.1 900.4 10.1 8.7 688.3 445.3 4.5 196 2013 2014 2014* 2015 2016 2017 2013 2014 2014* 2015 2016** 2017 INTERIM FU
Slide 9: Integrated Organisation
INVESTOR PRESENTATION APPENDICES INTEGRATED ORGANISATION CONSUMER DIVISION SUGAR & MILLING DIVISION LOGISTICS DIVISION BUSINESS UNITS BUSINESS UNITS BUSINESS UNITS Chicken, Speciality, Grocery, Sugar, Millbake, Animal Feed Logistics business responsible for Pies, Beverages Group-wide route-to-market
Slide 10: Our Brands
INVESTOR PRESENTATION APPENDICES OUR BRANDS RELATIVE SALES (12 Months to June 2017) 6 BRANDS OVER R1bn 3 BRANDS OVER R500m 11 BRANDS OVER R100m 10 BRANDS UNDER R100m 10
Slide 11: Market Shares
INVESTOR PRESENTATION APPENDICES MARKET SHARES VOLUME SHARE % FOR THE PERIOD 6MM June17 12MM June17 12MM June16 SOURCE Dogfoods (RCL Brands) 26.5 26.8 27.1 Aztec* Catfoods (RCL Brands) 20.9 20.4 16.2 Aztec Yum Yum Peanut Butter 31.0 31.2 29.7 Aztec Nola Mayonnaise 43.2 42.8 41.8 Aztec Sorghum (RCL B
Slide 12: Commodity Prices
1500 2000 2500 3000 3500 4000 Jul 2015 Aug 2015 Source: Reuters Sep 2015 Oct 2015 Nov 2015 Dec 2015 Jan 2016 F16 R3 245 AVG Price Feb 2016 Mar 2016 Apr 2016 May 2016 Jun 2016 Jul 2016 Aug 2016 11 12 13 14 15 16 17 14.4% Sep 2016 Jul 2015 Oct 2016 Aug 2015 Nov 2016 Sep 2015 Dec 2016 Oct 2015 Jan 2017
Slide 13: Consumer: Chicken
INVESTOR PRESENTATION APPENDICES CONSUMER: CHICKEN INTEGRATED SUPPLY CHAIN FROM “FARM TO FORK” GP OPERATION AGRICULTURE PROCESSING GRANDPARENT BROILER CHICKS GRANDPARENT FARMS PARENT FARMS FARMS PROCESSING REARING LAYING HATCHING REARING LAYING HATCHING GROWING BROILER 21 WEEKS 40 WEEKS 3 WEEKS 21 W
Slide 14: Consumer: Chicken
INVESTOR PRESENTATION APPENDICES CONSUMER: CHICKEN Limpopo Province The Chicken business unit produces a wide range of chicken products under 3 well established brands; Rainbow, Simply Chicken and Farmer Brown. Tzaneen Botswana Rustenburg Mpumalanga Windhoek North West Gauteng 187 rearing, laying an
Slide 15: Consumer: Groceries
INVESTOR PRESENTATION APPENDICES CONSUMER: GROCERIES GROCERY PIES The Grocery business unit consists of a portfolio of leading South The Pies business unit produces a range of high quality pies African brands spanning staples to top end offerings across a range under the Pieman’s brand in frozen unb
Slide 16: Consumer: Groceries
INVESTOR PRESENTATION APPENDICES CONSUMER: GROCERIES BEVERAGES SPECIALITY The Beverages business unit produces a maize-based drink under The Speciality business unit produces a range of superior ready to the Mageu No 1, Smooth and Mnandi brands. eat products, including speciality breads, mainly for
Slide 17: Sugar & Milling: Sugar
INVESTOR PRESENTATION APPENDICES SUGAR & MILLING: SUGAR Limpopo Province The Sugar business unit produces a range of sugar products under the leading sugar brand Selati. Tzaneen Malelane Botswana Pretoria Komati Windhoek North Nelspruit West Gauteng Mpumalanga Namibia Pongola KwaZulu Natal Free Stat
Slide 18: Cumulative Tons Imported: Sugar Imports and Duties
INVESTOR PRESENTATION APPENDICES SUGAR IMPORTS AND DUTIES 350,000 3,500 300,000 3,000 • Cumulative tons imported from 1 April 2015, 2016 and 2017 (start of industry year) 250,000 2,500 • A total of 292 696 tons have been CUMULATIVE TONS IMPORTED imported for the 12 months ended 200,000 2,000 31 Marc
Slide 19: Sugar & Milling: Millbake
INVESTOR PRESENTATION APPENDICES SUGAR & MILLING: MILLBAKE BAKING MILLING The Baking operations produce a range of bread products under The Milling operation produces flour and a range of maize meal the Sunbake brand - the fourth largest bread brand nationally. products at its flour mill - the large
Slide 20: Sugar & Milling: Animal Feed
INVESTOR PRESENTATION APPENDICES SUGAR & MILLING: ANIMAL FEED The Animal Feed business unit produces grain and Limpopo molasses based feeds for a range of species including game, Province dairy, poultry, horse, pigs and ruminants, under the leading brands of Epol and Molatek. Botswana Rustenburg Pre
Slide 21: Customer Overview: Logistics
INVESTOR PRESENTATION APPENDICES CUSTOMER OVERVIEW: LOGISTICS CUSTOMER SECONDARY DISTRIBUTION (CSD) PRINCIPAL SECONDARY DISTRIBUTION (PSD) Vector is contracted by the customer to deliver their full basket of Vector is contracted by the principal to deliver to all retailers, products directly to the
Slide 22: Network Overview: Logistics
INVESTOR PRESENTATION APPENDICES NETWORK OVERVIEW: LOGISTICS Limpopo Province Tzaneen National footprint including Namibia and Polokwane Botswana Gaborone Pretoria Botswana Rustenburg Mpumalanga • 5 plant-based cold stores Windhoek North • 14 distribution sites West Roodepoort Midrand • Capacity 100