Helloworld Travel Ltd · ASX:HLO
Helloworld Travel — Helloworld — Shareholder Meeting (2016)
28 slides from Helloworld Travel's shareholder meeting presentation, 2016
Slide 1: Annual General Meeting 2016
2016 Chairman Annual Garry Hounsell General Meeting
Slide 2: Disclaimer
Disclaimer The information included in this presentation may not be reproduced or distributed to any third party or published in whole or part for any purpose. The information contained in these materials or discussed at the presentation is not intended to be an offer for subscription, invitation or
Slide 3: Annual General Meeting 2016 - CEO & Managing Director
2016 CEO & Annual Managing Director General Andrew Burnes Meeting
Slide 4: FY16 Results
FY16 Results • Organic TTV growth Reported Excluding AOT Feb-Jun 16 • Revenue stable • Continued focus on cost control TTV 8% on TTV 5% on $5,088m $4,936m • Expenses in FY16 impacted by merger costs FY15 FY15 • AOT merger approved by shareholders on 1 Feb 2016 Revenue Revenue 0% on • Merger synergie
Slide 5: Key Highlights for the Year
Key Highlights for the Year • Merger with AOT successfully completed • New Executive team structure in place to drive the group forward • Winners of Best Travel Agency Group, Best Non-Branded Agency Group and Best Domestic Wholesaler at 2016 NTIA Awards • New two year commercial deal with Qantas / F
Slide 6: Merger significantly strengthens HLO
Merger significantly strengthens HLO Inbound Retail Travel Travel Management Wholesale AOT Hotels FY16 Investor Presentation • PAGE 6 Helloworld Limited
Slide 7: Retail Segment Review
Retail Segment Review • Launched My Travel Group to consolidate the Helloworld Affiliate network and Concorde Agency networks • Helloworld brand launched successfully into the New Zealand market • World Travellers Group (with 36 retail and mobile travel businesses) joined the New Zealand Associate n
Slide 8: Wholesale Segment Review
Wholesale Segment Review • Feb 16 – AOT and HLO merge. New wholesale brands include Sunlover Holidays, Territory Discoveries, needitnow.com and Travelmate • Identified synergies between HLO and AOT wholesale brands delivering improved margins and reduced costs • Key operations now in Australia, NZ,
Slide 9: Travel Management Segment Review
Travel Management Segment Review • Significant growth in FY16 reflecting the appointment of QBT as the sole provider of travel management to the Whole of Australian Government (WoAG) - 142 Commonwealth Government agencies • QBT appointed sole provider of travel management services for the Northern T
Slide 10: Outlook: Business Focus
Outlook: Business Focus 1 2 3 4 5 6 Business Agent Technology Cost Control & Brand Organic Integration Focus Efficiencies Awareness Growth • Focus on • More clearly • ResWorld • Remuneration • NZ rollout • Asia improving articulating • Inbound • helloworld.com.au • Property • Ongoing build margins v
Slide 11: Outlook
Outlook • FY17 EBITDA guidance reconfirmed - expected to be in the range of $47.0 million to $51.0 million • Merger expected to deliver synergy and cost reductions of $17.1 million per annum with approximately $3.5 million in one-off associated costs. Completed by end FY17 • Merger benefits to drive
Slide 12: Thank You
Thank You
Slide 13: Annual General Meeting 2016 - Formal Business
2016 Annual Formal General AGM Business Meeting
Slide 14: Adoption of Remuneration Report
Adoption of Remuneration Report Resolution 1 “That the Remuneration Report (which forms part of the Directors’ Report) for the financial year ended 30 June 2016 be adopted” 2016 Annual General Meeting• PAGE 14 Helloworld Limited
Slide 15: Adoption of Remuneration Report - Questions?
Adoption of Remuneration Report Questions? 2016 Annual General Meeting• PAGE 15 Helloworld Limited
Slide 16: Adoption of Remuneration Report - Proxy Votes
Adoption of Remuneration Report Proxy Votes Number % For 59,683,482 99.68 Against 20,148 0.03 Open-Usable 172,501 0.29 Abstain/Excluded 44,715,808 N/A 2016 Annual General Meeting• PAGE 16 Helloworld Limited
Slide 17: Election of Directors - Resolution 2.1
Election of Directors Resolution 2.1 “That Cinzia Burnes, who retires in accordance with the Constitution and, being eligible, offers herself for election, be elected as a Director.” 2016 Annual General Meeting• PAGE 17 Helloworld Limited
Slide 18: Election of Cinzia Burnes - Questions?
Election of Cinzia Burnes Questions? 2016 Annual General Meeting• PAGE 18 Helloworld Limited
Slide 19: Election of Cinzia Burnes - Proxy Votes
Election of Cinzia Burnes Proxy Votes Number % For 104,219,028 99.65 Against 195,541 0.19 Open-Usable 172,501 0.16 Abstain 4,869 N/A 2016 Annual General Meeting• PAGE 19 Helloworld Limited
Slide 20: Election of Directors - Resolution 2.2
Election of Directors Resolution 2.2 “That Garry Hounsell, who retires in accordance with the Constitution and, being eligible, offers himself for election, be elected as a Director.” 2016 Annual General Meeting• PAGE 20 Helloworld Limited
Slide 21: Election of Garry Hounsell - Questions?
Election of Garry Hounsell Questions? 2016 Annual General Meeting• PAGE 21 Helloworld Limited
Slide 22: Election of Garry Hounsell - Proxy Votes
Election of Garry Hounsell Proxy Votes Number % For 104,198,391 99.65 Against 198,178 0.19 Open-Usable 172,501 0.16 Abstain 22,869 N/A 2016 Annual General Meeting• PAGE 22 Helloworld Limited
Slide 23: Approve Financial Assistance
Approve Financial Assistance Special Resolution 3.1 “That for the purposes of section 260B(2) of the Corporations Act 2001 (Cth), approval is given for each of: (a) AOT Group Limited (ACN 106 495 498); (b) AOT Inbound Pty Limited (ACN 073 167 129); (c) ATS Pacific Pty Ltd (ACN 164 818 820); and (d)
Slide 24: Approve Financial Assistance - Questions?
Approve Financial Assistance Questions? 2016 Annual General Meeting• PAGE 24 Helloworld Limited
Slide 25: Approve Financial Assistance - Proxy Votes
Approve Financial Assistance Proxy Votes Number % For 104,391,279 99.83 Against 14,119 0.01 Open-Usable 172,501 0.16 Abstain 14,040 N/A 2016 Annual General Meeting• PAGE 25 Helloworld Limited
Slide 26: Voting - Poll Procedure
Voting Poll Procedure 2016 Annual General Meeting• PAGE 26 Helloworld Limited
Slide 27: Voting
Voting • Closure of Poll • Results of Poll announced to ASX 2016 Annual General Meeting• PAGE 27 Helloworld Limited
Slide 28: Thank You
Thank You