KAL Group Limited · JSE:KAL
KAL — Shareholder Meeting (February 2024)
11 slides from KAL's shareholder meeting presentation, Feb 8, 2024
Slide 1: Annual General Meeting 8 February 2024 - F24 Q1 Trading Update
ANNUAL GENERAL MEETING 8 February 2024 F24 Q1 TRADING UPDATE Presented by: Sean Walsh Chief Executive Officer
Slide 2: Index
INDEX •1 Highlights for F23 •2 Operational statistics & ESG •3 F24 Q1 •4 F24 Outlook 2
Slide 3: F23 Highlights
F23 HIGHLIGHTS Revenue EBITDA Recurring (R’000) (R’000) headline EPS (cents) 22,397,058 898,592 619,69 +42.7% +33.5% LFL +5.0% +7.2% Fuel litre growth Return on Total dividend Invested Capital per share 624.6m liters (“ROIC”) (cents) Group +68.9% TFC +97.1% 14.3% 180,00 Non-TFC +16.3% LY: 11.6% +7.1
Slide 4: Here's an idea of our size today
Here’s an idea of our size today MARGIN CONTRIBUTION AGRI VS NON-AGRI TRADING PROFIT Fuel Manufacturing 3,8% 35,6% 73% 45,4% 27% 15,1% Agri Retail Agri Non-Agri DC COST TO SERVE 86 service stations in 4,4% Active suppliers TFC Group network Transactions 3,4% 5,400+ 64,4 million 7,423 employees 93,4%
Slide 5: For farmers, families, friends and the fur-family
For farmers, families, friends and the fur-family 277,961 tonnes Sold137 million wheat received at SO₂ gas sheets for table Agrimark Grain storage grape packaging facilities Agri chemicals New range of compact tractors & utility vehicles listed 11,8% turnover growth 308,4 million punnets sold 624,5
Slide 6: For farmers, families, friends and the fur-family
For farmers, families, friends and the fur-family 2,500 braai grids sold Agrimark online 51,600 + products in e-catalogue 3,000 chairs sold Dog food sold 6,400 8,300 90,000 tonnes Vellies Gumboots pairs sold pairs sold Cat food sold 70,000+ 309 tonnes Cement unit sales tonnes
Slide 7: The Fuel Company: Fueling growth
The Fuel Company: Fueling growth 97,1% growth in fuel volumes YOY Total TFC fuel litres sales 474,5 million litres Employees in TFC 4,784 R699,7 million Pies sold 5,4 million Amount dispensed via on-site ATMs 13 electric vehicle 24hr Operating Hours Litres of Coca-Cola sold 4 million charging statio
Slide 8: ESG Impact
ESG Impact BEE LEVEL 4 77% 55,63% 24,48% R14,6 billion procurement black ownership ownership spend with B-BBEE in TFC in KAL Group accredited suppliers Harvesting Hope Partnership with OneFarm Share KAL TRUST R11,1 m KAL ACADEMY 364 tonnes fresh produce distributed R2,8 million 499 new generation to
Slide 9: F24 Q1 Highlights
F24 Q1 HIGHLIGHTS Revenue Gross Profit (R’000) PBT +7.3% (R’000) RHE +6.9% 6,516,429 841,207 RHEPS +5.7% +3.4% +7.0% deflation -1.0% Fuel litre growth Debt reduction Capital 156.4m liters R286.7m YOY expenditure Group -0.8% Debt:Equity R43.2m TFC -1.3% Non-TFC +0.6% 58.7% (LY: 71.4%) (LY: R52.0m) *
Slide 10: F24 Outlook
F24 OUTLOOK Agriculture [F24 Q1 better than F23 Q4,3,2] ➢ Fruit & Wine sectors – improved yields, good quality, lower costs, port challenges ➢ Wheat, barley and canola - harvest complete, average to good yield & quality, prices lower ➢ Weather – El Nino’s dry impact on North West grain & N/Cape live
Slide 11: Thank You
THANK YOU