Ive Group Ltd. · ASX:IGL

Ive — H1 FY2017 Earnings Presentation

18 slides from Ive's earnings presentation, Feb 27, 2017

  1. Slide 1: Half Year Results Presentation – 6 months ending December 31, 2016

    HALF YEAR RESULTS PRESENTATION 6 MONTHS ENDING DECEMBER 31, 2016 / FEBRUARY 27, 2017 Geoff Selig – Executive Chairman Darren Dunkley – Chief Financial Officer

  2. Slide 2: Table of Contents

    Table of C ONTENTS 03 Business Overview 04 Financial Performance Highlights 06 Balance Sheet 07 Business Highlights 09 Acquisition of Franklin Web and AIW Printing 12 Outlook 13 Appendix

  3. Slide 3: Business Overview

    Half Year Results Presentation – 6 months ending December 31, 2016 3 BUSINESS OVERVIEW IVE is a vertically integrated marketing services and print communications provider. This has been achieved through an effective combination of both organic growth initiatives IVE enables its customers to communic

  4. Slide 4: Financial Performance Highlights

    Half Year Results Presentation – 6 months ending December 31, 2016 4 FINANCIAL PERFORMANCE HIGHLIGHTS PROFIT AND LOSS KEY METRICS Pro Forma Actual H1 FY2017 Actual Actual Variance Variance Revenue growth 5.9% H1 H1 $M % FY2017 FY2016 Gross profit margin 53.0% Revenue 207.7 196.1 11.6 5.9% EBITDA grow

  5. Slide 5: Financial Performance Highlights

    Half Year Results Presentation – 6 months ending December 31, 2016 5 FINANCIAL PERFORMANCE HIGHLIGHTS • Revenue growth on PCP 5.9% reflects increased revenue through a combination of new business, existing customer base, expanded service offering and acquisitions. • Gross profit margin at 53.0% compar

  6. Slide 6: Balance Sheet

    Half Year Results Presentation – 6 months ending December 31, 2016 6 BALANCE SHEET STATUTORY BALANCE SHEET Actual Actual • The increase in senior facilities of $90.6M relates to the acquisitions of both Franklin Web Dec-16 Jun-16 $’M $’M and AIW Printing on the 13th December 2016. CURRENT ASSETS • T

  7. Slide 7: Business Highlights

    Half Year Results Presentation – 6 months ending December 31, 2016 7 BUSINESS HIGHLIGHTS REVENUE • IVE’s pro forma revenue increased on the PCP by 5.9% to $208M. • Significant new business win with Franklin Web securing the Coles Supermarkets catalogue printing contract. • Strong new business perform

  8. Slide 8: Business Highlights

    Half Year Results Presentation – 6 months ending December 31, 2016 8 BUSINESS HIGHLIGHTS KEY INITIATIVES • Our Kalido Division continues its growth trajectory into Asia through a growing presence in Singapore. In early 2017 IVE will open a Kalido operation in Hong Kong to further support and realise

  9. Slide 9: Acquisition of Franklin Web and AIW Printing

    Half Year Results Presentation – 6 months ending December 31, 2016 9 ACQUISITION OF FRANKLIN WEB AND AIW PRINTING DIVERSIFYING AND GROWING OUR RETAIL OFFER IVE has continued to grow its diversified offer to the retail sector over the last five years. Both globally and domestically catalogues remain a

  10. Slide 10: Acquisition of Franklin Web and AIW Printing: Transaction Summary

    Half Year Results Presentation – 6 months ending December 31, 2016 10 ACQUISITION OF FRANKLIN WEB AND AIW PRINTING TRANSACTION SUMMARY Overview • Franklin is the third largest LFWO operator in the Australian market by revenue1 of Franklin with pro forma revenues of $151.2 million2 and EBITDA of $21.

  11. Slide 11: Acquisition of Franklin Web and AIW Printing: Update Since Completion

    Half Year Results Presentation – 6 months ending December 31, 2016 11 ACQUISITION OF FRANKLIN WEB AND AIW PRINTING KEY COMPONENTS OF OUR PLAN UPDATE SINCE COMPLETION Outlined below is an overview of the initial phase of our investment and transition plans for • Customers the balance of 2017: – A ver

  12. Slide 12: Outlook

    Half Year Results Presentation – 6 months ending December 31, 2016 12 OUTLOOK • All key components of the LFWO integration and expansion plan are on track and will be completed in less than 12 months of acquisition. • Expected synergies validated with a minimum of $11.5m per annum ( full run rate).

  13. Slide 13: Appendix: Statutory Results and Pro Forma Adjustments

    Half Year Results Presentation – 6 months ending December 31, 2016 13 APPENDIX STATUTORY RESULTS H1 FY2017 PRO FORMA ADJUSTMENTS Statutory Restructure and Acquisitions items Actual Actual Restructure – Blue Star Connect warehouse relocation – Other expense –0.6 Variance Variance H1 H1 $M % Restructu

  14. Slide 14: Half Year Results Presentation – 6 months ending December 31, 2016

    Half Year Results Presentation – 6 months ending December 31, 2016 14

  15. Slide 15: IVE Divisions: Kalido and Blue Star

    Half Year Results Presentation – 6 months ending December 31, 2016 15 Kalido is IVE’s creative and digital services agency, which provides creative development, content Blue Star is Australia’s leading provider of integrated print, display, personalised communications, creation, digital platforms, c

  16. Slide 16: Important Notice

    Half Year Results Presentation – 6 months ending December 31, 2016 16 IMPORTANT NOTICE No recommendation, offer, invitation or advice revenues, earnings and estimates, are provided as a general guide only and should not be relied upon This presentation contains general information about the activiti

  17. Slide 17: We Drive Your Business Further

    WE DRIVE YOUR BUSINESS FURTHER I FEEL ALIVE WE DRIVE YOUR BUS ESS FURTHER HIVE OF ACTIVITY STRIVE FOR PERFECTION WE THRIVE EAMWORK IVE GOT IT! WE DRIVE YOUR BUSINESS FURTHER I FEEL AL WE DRIVE YOUR BUSINESS FURTHER HIVE OF ACTIVITY STRIVE FOR PE ION WE THRIVE ON TEAMWORK IVE GOT IT! WE DRIVE YOUR BU

  18. Slide 18: IY 359534_09/17

    IY 359534_09/17

IVE Group — H1 FY2017 Earnings Presentation on 6ix