Super Retail Group Limited · ASX:SUL
Super Retail — Shareholder Meeting (October 2005)
16 slides from Super Retail's shareholder meeting presentation, Oct 20, 2005
Slide 1: 2005 Annual General Meeting Managing Director's Presentation
2005 Annual General Meeting Managing Director’s Presentation 20 October 2005 Bob Thorn – Managing Director 1
Slide 2: The Presentation
The Presentation 1. 2004-05 Performance Highlights 2. Key Business Highlights 3. Future Plans 4. Outlook for 05-06 5. 1St Quarter Trading Update 2
Slide 3: 2004-05 Performance Highlights - Results
1. 2004–05 Performance Highlights — RESULTS z Group sales up 22.8% on LY 04/05 03/04 % Prospectus % Actual Actual Increase Increase z GP$ up 24.7% on LY Store Numbers 211 183 17.5% 205 4.9% z EBITA beats prospectus by (SCA only) 6.2% Sales $470.1m $382.7m 22.8% $474.3m (0.9)% z NPAT (pre specific it
Slide 4: 2004-05 Performance Highlights - Store Numbers
1. 2004-05 Performance Highlights - STORE NUMBERS z 28 new SCA stores opened in the 04-05 year 250 z Australia - 16 SCA stores 215 opened 200 183 180 z New Zealand – 12 SCA Store Numbers 164 stores opened 144 144 150 z New Zealand - opened 31 stores in less than 19 100 months z 4 existing CampMart 5
Slide 5: 2004-05 Performance Highlights - Sales
1. 2004 – 05 Performance Highlights — SALES z Total Group sales – $470.1m z Total Sales growth – 22.8% 500 470.1 z Super Cheap Auto like for 450 417.6 like growth – +3.7% 400 366.7 382.7 across Australian stores 350 z BCF (CampMart) only 300 275.1 275.1 traded for 5 months AUD$ 250 200 150 100 47.4
Slide 6: Key Business Highlights - Supply Chain
2. Key Business Highlights — SUPPLY CHAIN z Supply Chain costs in line with forecasts z Lawnton DC extension completed Super Cheap Auto – increased capacity for ‘05-’06 Distribution Network z 3PL facilities used to manage peak demand NT z Investigation underway into new China consolidation processes
Slide 7: Key Business Highlights - Business Systems
2. Key Business Highlights – BUSINESS SYSTEMS z Demand planning and forecasting system implementation commenced z Improved Disaster Recovery Planning initiatives being implemented z SAP effectively manages new businesses. i.e. BCF, SCA NZ, and CampMart acquisitions z Future SAP enhancements planned
Slide 8: Key Business Highlights - People
2. Key Business Highlights - PEOPLE z The SCA Culture continues to set us apart z Team member numbers pass 3500 z Appointment of Pam Pugsley as GM of Retail Operations z Appointment of David Ajala as GM of SCA Team Members 4000 Merchandising 3604 3500 z Appointment of Steve Doyle as GM of 2970 3000
Slide 9: Key Business Highlights - Marketing
2. Key Business Highlights - MARKETING z Customer research completed for Australian and NZ market z 48% unprompted brand awareness in New Zealand z Increased advertising expenditure due to tougher retail trading z GP margin improvement through product mix management z New 2 car V8 SCA Race Team spon
Slide 10: Key Business Highlights - Cost Management
2. Key Business Highlights – COST MANAGEMENT z Effective cost control under tougher second half trading conditions z Ability to manage and adjust expenditure to meet trading demands e.g. increase in advertising expenditure while maintaining overall costs and GP margin z Communications and Head Offic
Slide 11: Key Business Highlight - New BCF Concept
2. Key Business Highlight – New BCF Concept z CampMart business acquired in Jan ’05 z New BCF Management Structure created in May ’05. The Team led by Steve Doyle z Launch of BCF concept in July ’05 to market and Vendors… enthusiastically received z Announcement of expansion plans to 14 stores by Ju
Slide 12: Future Plans
3. Future Plans z Our PRIMARY goal …… 300 Super Cheap Auto stores across Australia and NZ z 60 BCF stores across Australia and New Zealand z Plan for 20-25 SCA stores and 10 new BCF in ’05-06 z New Zealand SCA expansion to continue based on results, impact on competitors and market research z SCA to
Slide 13: Outlook for 2005-06
4. Outlook for 2005 -’06 z LFL growth in the range 3% to 4% given the competitive position and general retail environment z Increased advertising media weight in second quarter to align with motor-sport and “SCA Bathurst 1000” initiatives. First quarter LFL sales flat Stronger second quarter sal
Slide 14: Outlook for 2005-06 - SCA New Stores
4. Outlook for 2005 -’06 – SCA New Stores z Current store numbers - 217 z 4 Super Cheap Auto stores opened during 1st quarter: Woolston (NZ) Dapto (NSW) Horsham (Vic) Narre Warren (Vic) z Super Cheap Auto stores scheduled for the 2nd quarter: Whitford (WA) – now open Botany (NZ) – now op
Slide 15: Outlook for 2005-06 - BCF New Stores
4. Outlook for 2005 -’06 – BCF New Stores z Current store numbers – 8 z 2 BCF stores opened during 1st quarter: Labrador Maroochydore z 6 BCF stores scheduled for the 2nd quarter: Cannon Hill – now open Browns Plains – now open Toowoomba – now open Mackay Townsville Cairns z 3 CampMa
Slide 16: 1st Quarter Trading Update
5. 1st Quarter Trading Update – 13 weeks to 1 October 2005 z SCA Group sales - $118.2m – 9.7% higher than the comparative period z Super Cheap Auto sales - $115.1m z Super Cheap Auto total sales growth: Australia - 4.7% New Zealand - 29.6% Total - 6.8% z Super Cheap Auto like for like sales gr
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