Coats Group Plc · LSE:COA
Coats — Shareholder Meeting (May 2019)
18 slides from Coats's shareholder meeting presentation, May 23, 2019
Slide 1: 2019 Annual General Meeting
2019 Annual General Meeting Thursday 23 May 2019
Slide 2: Housekeeping: Disclaimer
Housekeeping Disclaimer Restricted distribution This presentation is not for release, publication or distribution, in whole or in part, directly or indirectly, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction (the
Slide 3: Housekeeping
Housekeeping Fire escapes. There are three fire escapes located on the 9th floor. No fire drills are planned for this morning. Transforming for growth Connecting, © Coats Group plc pioneering, trusted | Annual General Meeting | 23 May 2019
Slide 4: Housekeeping
Housekeeping Today’s slides will be available on our website www.Coats.com (investors / shareholder centre / general meetings) later today Transforming for growth Connecting, © Coats Group plc pioneering, trusted | Annual General Meeting | 23 May 2019
Slide 5: Agenda
Agenda Welcome and Chairman’s presentation 1 Mike Clasper, Chairman Trading update 2 Rajiv Sharma, Group Chief Executive 3 Questions and answers 4 Notice of Meeting and Poll Vote on resolutions 5 Close of meeting and proxy totals Transforming for growth Connecting, © Coats Group plc pioneering, trus
Slide 6: Welcome
Welcome Introductions Present today we have the members from our Board • Mike Clasper CBE, Chairman • Rajiv Sharma, Executive Director and Group CEO • Simon Boddie, Executive Director and Group CFO • Nicholas Bull, Senior Independent Non-Executive Director • Mike Allen, Independent Non-Executive Dir
Slide 7: Chairman's presentation
Chairman’s presentation • Innovation • Governance • Board changes • Dividend Transforming for growth Connecting, © Coats Group plc pioneering, trusted | Annual General Meeting | 23 May 2019
Slide 8: Agenda
Agenda Welcome and Chairman’s presentation 1 Mike Clasper, Chairman Trading update 2 Rajiv Sharma, Group Chief Executive 3 Questions and answers 4 Notice of Meeting and Poll Vote on resolutions 5 Close of meeting and proxy totals Transforming for growth Connecting, © Coats Group plc pioneering, trus
Slide 9: Business update – the world's leading industrial thread manufacturer
Business update – the world’s leading industrial thread manufacturer Customers include Apparel and Performance Customers include Footwear (A&F) Materials Apparel, footwear and High technology threads accessories thread and yarns from Zips and trims products performance materials Software sol
Slide 10: 2018: good strategic progress
2018: good strategic progress Strategic Sale of North investments America Threadsol / Crafts Twine Connecting for Successful Growth UK pensions Digital and Acceleration of triennial innovation benefits valuation Transforming for growth Connecting, © Coats Group plc pioneering, trusted | Annual Gener
Slide 11: A robust financial platform for future growth
A robust financial platform for future growth Solid 6% 13.8% $96m sales operating free cash flow growth margin 1.0x 15% leverage dividend growth Transforming for growth Connecting, © Coats Group plc pioneering, trusted | Annual General Meeting | 23 May 2019
Slide 12: Delivering our strategy
Delivering our strategy Global leader in Strong Apparel & profitability Footwear and free cash Continued share gains flow Global scale World class service Digital Sustainability Performance Value- Materials adding Accelerated sales acquisitions growth Innovation Globalising existing products Deliver
Slide 13: Trading update
Trading update YTD (Jan-Apr) sales Outlook performance • Remain cautious around current • +2% Group sales growth at CER macroeconomic uncertainties • Apparel and Footwear +2% • Despite this, anticipate delivering (thread +3%) 2019 full year performance in line with expectations • Performance Materia
Slide 14: Agenda
Agenda Welcome and Chairman’s presentation 1 Mike Clasper, Chairman Trading update 2 Rajiv Sharma, Group Chief Executive 3 Questions and answers 4 Notice of Meeting and Poll Vote on resolutions 5 Close of meeting and proxy totals Transforming for growth Connecting, © Coats Group plc pioneering, trus
Slide 15: Agenda
Agenda Welcome and Chairman’s presentation 1 Mike Clasper, Chairman Trading update 2 Rajiv Sharma, Group Chief Executive 3 Questions and answers 4 Notice of Meeting and Poll Vote on resolutions 5 Close of meeting and proxy totals Transforming for growth Connecting, © Coats Group plc pioneering, trus
Slide 16: Notice of Meeting and Poll Vote on resolutions
Notice of Meeting and Poll Vote on resolutions On today's agenda there are 19 resolutions – Resolutions 1 to 15 inclusive are proposed as Ordinary Resolutions – Resolutions 16 to 19 inclusive are proposed as Special Resolutions The full text of the resolutions and an explanation of each can be found
Slide 17: Agenda
Agenda Welcome and Chairman’s presentation 1 Mike Clasper, Chairman Trading update 2 Rajiv Sharma, Group Chief Executive 3 Questions and answers 4 Notice of Meeting and Poll Vote on resolutions 5 Close of meeting and proxy totals Transforming for growth Connecting, © Coats Group plc pioneering, trus
Slide 18: Proxy totals
Proxy totals Total Votes Total Votes Total Votes cast as % of Resolution Votes Withheld For and Discretionary Against Issued Share Capital Note: % % % 1 Receipt of Annual Report 2018 1,148,191,662 99.999 7,615 0.001 79.615 1,015,207 • All percentages are 2 Approval of Remuneration Report 1,140,653,7