Premier Investments Limited · ASX:PMV
Premier Investments — Shareholder Meeting (December 2022)
25 slides from Premier Investments's shareholder meeting presentation, Dec 2, 2022
Slide 1: Annual General Meeting – Presentations (ASX Release)
ASX RELEASE 2 December 2022 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
2 December 2022 CHAIRMAN’S ADDRESS On behalf of the Premier Investments Limited (“Premier”) Board, I would like to warmly welcome you to our Annual General Meeting for the 2022 financial year (“FY22”). After hosting our AGM virtually for the past few years due to the global pandemic, it really is a
Slide 3: Chairman's Address: brand sales and omni-channel offering
The strong Premier Retail profit contribution was delivered off a record $1.497 billion in sales for FY22— a 5.2% increase on FY21. The Group’s five apparel brands delivered solid results, contributing $807.9 million in sales, increasing 12.7% on our FY19 pre-covid benchmark. Peter Alexander continu
Slide 4: Strong balance sheet, supporting shareholder returns
Strong balance sheet, supporting shareholder returns Premier maintains a strong balance sheet with cash on hand of $471.3 million at the end of FY22 and property related debt of $69.0 million, having repaid all operating debt during the year. Premier’s associate Breville Group Limited has also perfo
Slide 5: Trading update, outlook and acknowledgements
Pleasingly, global sales for the last 5 weeks to date were tracking largely in line with last year, when stores re-opened after a nearly 4-month long lockdown. Premier Retail has managed its logistics program effectively and is fully prepared for the 1H23 key trading periods ahead. The Group remains
Slide 6: Annual General Meeting 2 December 2022
ANNUAL GENERAL MEETING 2 DECEMBER 2022
Slide 7: Premier Board of Directors
Premier Board of Directors Solomon Lew Dr. David Crean Timothy Antonie Sylvia Falzon Chairman & Non-Executive Deputy Chairman & Non- Non-Executive Director & Non-Executive Director Director Executive Director Lead Independent Director Sally Herman Henry Lanzer AM Terrence McCartney Michael McLeod Ri
Slide 8: Brand imagery: Just Jeans
Slide 9: Agenda
1. Chairman’s address AGENDA 2. Resolutions
Slide 10: Chairman's Address
1. Chairman’s Address portmans
Slide 11: Brand imagery: Peter Alexander and Portmans
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Slide 12: FY22 Financial highlights
FY22 Financial highlights +4.9% on LY +10.1% on LY +5.2% on LY +167% on ‘pre-COVID’ FY19 +100.2% on ‘pre-COVID’ FY19 + 17.8% on ‘pre-COVID’ FY19 Premier Retail Group EBIT* Premier Retail Sales Statutory NPAT $335.0 million $1,497.5 million $285.2 million * Excl significant items
Slide 13: FY22 Financial highlights – Premier Retail: Apparel Brand Sales
FY22 Financial highlights – Premier Retail +12.7% on ‘Pre-COVID’ FY19 Apparel Brand Sales $807.9 million
Slide 14: FY22 Financial highlights – Premier Retail: Peter Alexander
FY22 Financial highlights – Premier Retail +11.4% PETER ALEXANDER Record Annual SALES $428.5 million $429 m 400 $385 m 300 $288 m $248 m $219 m 200 $191 m 100 0 FY17 FY18 FY19 FY20 FY21 FY22
Slide 15: FY22 Financial highlights – Premier Retail: Smiggle
FY22 Financial highlights – Premier Retail +24.6% on PY SMIGGLE Global SMIGGLE sales rebound as Sales schools re-open across the globe. $261.2 million
Slide 16: FY22 Financial highlights – Premier Retail: Online Channel Sales
FY22 Financial highlights – Premier Retail Online Channel Sales $’m 400 25.0% 22.7% 20.9% 20.0% 300 18.1% 15.0% 200 11.7% 340 10.0% 9.5% 297 100 6.2% 220 148 5.0% 113 68 0 0.0% FY17 FY18 FY19 FY20 FY21 FY22 Online Sales ($'m) Online sales as % of Total Sales
Slide 17: Balance sheet and shareholder returns
Balance sheet and shareholder returns Cash on Hand at Market value of Full year ordinary and special end FY22 Breville Investment at dividends per share (fully franked) end FY22 $471.3 $760 million 140 million Accounting value of investment at 120 30 July 2022 - $312.2 million 25 100 80 Market value
Slide 18: Portmans brand imagery
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Slide 19: Smiggle and Jacqui E brand imagery
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Slide 20: Brand imagery: Jay Jays
Slide 21: The Just Group and Premier brands
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Slide 22: Resolutions
2. Resolutions
Slide 23: Brand imagery: Peter Alexander
Slide 24: Thank you for your attendance
Thank you for your attendance
Slide 25: 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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