Star Entertainment Group Limited · ASX:SGR
Star Entertainment — Echo Entertainment Group — Shareholder Meeting (October 2014)
17 slides from Star Entertainment's shareholder meeting presentation, Oct 31, 2014
Slide 1: Annual General Meeting - Friday 31 October 2014
ECHO ANNUAL GENERAL MEETING - FRIDAY 31 OCTOBER 2014 pf | rae sean | Tuy INO
Slide 2: 2014 Annual General Meeting - Chairman
ECHO ENTERTAINMENT GROUP LIMITED ACN 149 629 023 ECHO 2014 ANNUAL GENERAL MEETING - FRIDAY 31 OCTOBER 2014 JOHN O’NEILL AO - CHAIRMAN ECHOENTERTAINMENT GROUP
Slide 3: Our Board of Directors
OUR BOARD OF DIRECTORS ta’) John O’Neill Anne Brennan AO Deputy Chair Chairman and and Non Non Executive Executive Director Director ECHOENTERTAINMENT GROUP py Katie Lahey AM Non Executive Director Richard Sheppard Non Executive Director Gerard Bradley Non Executive Director Sally Pitkin Board obser
Slide 4: Echo's Contribution to the Economy
ECHO’S CONTRIBUTION TO THE ECONOMY Echo contributes significantly to the Australian, New South Wales and Queensland economies: > Over $380 million in gaming taxes and levies paid in FY14 > Significant ongoing investment in tourism infrastructure - $345 million at Jupiters Gold Coast and on going inv
Slide 5: Echo's Commitment to Community
ECHO’S COMMITMENT TO COMMUNITY Vv The Star Sydney and Jupiters Gold Coast - approximately 30 years Vv Treasury Brisbane - almost 20 years > Over $3.7 million in direct contributions to community groups, charitable organisations and sponsorships > 64 charities and community organisations supported th
Slide 6: Matt Bekier - Managing Director & Chief Executive Officer
ECHO ENTERTAINMENT GROUP LIMITED ACN 149 629 023 ECHO 2014 ANNUAL GENERAL MEETING - FRIDAY 31 OCTOBER 2014 MATT BEKIER - MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER ECHOENTERTAINMENT GROUP
Slide 7: Jupiters Hotel & Casino Awards
JUPITERS HOTEL & CASINO AWARDS QUEENSLAND HOTEL ASSOCIATION (QHA) ANNUAL AWARDS FOR EXCELLENCE > Best Employee (Assistant Sous Chef) > Most Outstanding Community Service & Achievement (for an organisation with 100+ employees) > Responsible Service - Gaming ECHOENTERTAINMENT GROUP 7
Slide 8: FY14 in Review: Full Year Financial Results
FY14 IN REVIEW FULL YEAR FINANCIAL RESULTS > Statutory NPAT of $106.3 million, uo 27.3% on FY13 > Normalised NPAT of $158.2 million, uo 24.6% on FY13 > Actual EBITDA of $3871 million, up 15.7% on FY13 cincludes Government levies of $14.1 million in NSW and QLD) >» Normalised EBITDA of $439.1 million
Slide 9: FY14 in Review: Key Drivers of Results
FY14 IN REVIEW KEY DRIVERS OF RESULTS 30.4 1.4 Growth 40.9 ($m) 334.6 FY13 Reported Significant FY13, Domestic & International Gaming taxes, New levies and Operating FYI4 International FY14 Reported EBITDA items and Normalised Other Revenue VIP Rebate leviesand taxesin NSW_— Expenses Normalised VIP
Slide 10: Three Year Financial Results Summary
ECHO ENTERTAINMENT GROUP LIMITED THREE YEAR FINANCIAL RESULTS SUMMARY Reported Results FY2012 FY2013 FY2014 $millions $millions % change $millions % change Statutory Revenue $1,615.5 $1,737.9 BR 76% $1,805.7 BR 3.9% EBITDA $265.9 $334.6 B 258% $3871 BR 15.7% EBIT $143.8 $188.6 BR 312% $241.5 BR 28%
Slide 11: FY14 Key Achievements
FY14 KEY ACHIEVEMENTS In FY14, we leveraged from the foundations built in FY13 to prepare the business for improved financial performance in the future. > Solid, stable and experienced leadership to strengthen our operational capabilities in target areas > Single casino management system and loyalty
Slide 12: Jupiters Gold Coast Development Update
JUPITERS GOLD COAST DEVELOPMENT UPDATE REFRESH EXISTING SITE > Upgrade 592 existing hotel rooms - 2014-2015 > Creating anew poolside experience - open November > Painting the exterior of the existing hotel and casino structures - underway > New restaurants and bars - opening from December CONSTRUCTI
Slide 13: Trading Update and 1H FY15 Guidance (Unaudited)
TRADING UPDATE AND1H FY15 GUIDANCE (UNAUDITED) TO 27 OCTOBER 2014 >» Market announcement - 30 October 2014 > Expected normalised EBITDA for 1H FY15 within the range of $245m - $260m * increase of between 23% - 31% on pcp on a like for like basis > Normalised gross revenues of $762m up 27% for the gr
Slide 14: Priorities for the Next 12 Months
PRIORITIES FOR THE NEXT 12 MONTHS 1. Drive operating performance 2. Deliver on the Jupiters Gold Coast expansion 3. Queen’s Wharf Brisbane development proposal - with partners Chow Tai Fook and Far East Consortium ECHOENTERTAINMENT GROUP 14
Slide 15: Thank you for joining us today
ECHO 2014 ANNUAL GENERAL MEETING - FRIDAY 31 OCTOBER 2014 Thank you for joining us today ECHOENTERTAINMENT GROUP
Slide 16: Basis of Preparation and Non-IFRS Information
ECHO ENTERTAINMENT GROUP ECHO ENTERTAINMENT GROUP LIMITED (ASX: EGP) BASIS OF PREPARATION AND NON-IFRS INFORMATION > Information in this presentation is provided as at the date of the presentation unless specified otherwise. It should be read in conjunction with Echo Entertainment Group Limited's fi
Slide 17: ENTERTAINMENT G
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Echo Entertainment Group — Shareholder Meeting (October 2014) on 6ix