Sanford Limited · NZX:SAN
Sanford — Shareholder Meeting (2018)
17 slides from Sanford's shareholder meeting presentation, 2018
Slide 1: Fiona is happy to do this slide
Fiona is happy to do this slide
Slide 2: The Sanford Board
The Sanford Board: Peter Kean, Rob McLeod, Paul Norling (Chair) Abby Foote, Peter Goodfellow and Bruce Goodfellow
Slide 3: Steffan Stewart 1992-2018
Steffan Stewart 1992-2018
Slide 4: Sanford's 2018 Integrated Report
SANFORD’S 2018 INTEGRATED REPORT 2018 integrated report available at https://www.sanford.co.nz/investo rs/reports-1/company-reports/ The report outlines Sanford's business excellence framework – this enables each part of the business to map out their role in helping to deliver on our goals 4
Slide 5: Solid business performance despite adverse climatic conditions
SOLID BUSINESS PERFORMANCE DESPITE ADVERSE CLIMATIC CONDITIONS CATCH/HARVEST VOLUME REVENUE ADJUSTED EBIT EBIT GWT kg 118k GWT $515M $64.7M 54c* 5.6% 7.7% 1.5% +0.02c/kg RETURN ON AVERAGE NPAT EPS ANNUAL DIVIDEND TOTAL EQUITY $42.3M** 45c 23CPS 7.3 % Up from 6.6% 12.9% +5c Stable Wild Catch GWT 2% A
Slide 6: Climate change threats
CLIMATE CHANGE THREATS
Slide 7: Climate change: mitigating the risk
CLIMATE CHANGE: MITIGATING THE RISK Mussels Salmon Wild Catch Sanford’s number Creating value with Diversity of species one species the fish we have 7
Slide 8: Sanford Strategy
VISON PURPOSE SANFORD STRATEGY To be the Best Seafood Company We share the natural goodness of our oceans AMBITION $1 EBIT/KG 2023 in the world with uncompromising care Business Excellence Framework INVESTMENT PLAN 8
Slide 9: Strategy in action in 2018
STRATEGY IN ACTION IN 2018 • SALE OF SANFORD SHARE OF WEIHAI PLANT • SALE OF TAURANGA-BASED PELAGIC ASSETS 9
Slide 10: Auckland Fish Market opening 17th December
AUCKLAND FISH MARKET OPENING 17TH DECEMBER
Slide 11: Health, safety and wellbeing in focus
HEALTH, SAFETY AND WELLBEING IN FOCUS
Slide 12: Government and industry relations
GOVERNMENT AND INDUSTRY RELATIONS
Slide 13: Dividend stable in 2018 at 23cps
DIVIDEND STABLE IN 2018 AT 23CPS 13
Slide 14: Recognition for governance at Sanford
RECOGNITION FOR GOVERNANCE AT SANFORD SANFORD WINS THE EXCELLENCE IN GOVERNANCE AWARD 2018 AT THE DELOITTE TOP 200 AWARDS
Slide 15: Peter Cullinane appointed to Sanford Board
PETER CULLINANE APPOINTED TO SANFORD BOARD • CHAIR OF NZME BOARD • FOUNDER/CEO LEWIS ROAD CREAMERY LTD • FORMER CEO SAATCHI & SAATCHI NEW ZEALAND • FORMER GLOBAL COO SAATCHI & SAATCHI
Slide 16: Thank you to Sanford management and staff
THANK YOU TO SANFORD MANAGEMENT AND STAFF
Slide 17: Thank you
THANK YOU