Metcash Limited · ASX:MTS
Metcash — Shareholder Meeting (September 2002)
15 slides from Metcash's shareholder meeting presentation, Sep 4, 2002
Slide 1: Australian Liquor Marketers
TRADING LIMITED AUSTRALASIA AUSTRALIAN LIQUOR MARKETERS 2 ETY. LTD. RZD Sampbelis A
Slide 2: The Year's Highlights
The Year’s Highlights • Sales growth for the continuing businesses of 13.9%. • Profit after tax of $57.7 million up 76.5% on last year’s 32.7 million. • Cash flow from trading $136 million for the year. • Full year dividend declared of 5 cents per share. • Consolidation of the company’s role as the
Slide 3: The Year's Highlights (continued)
The Year’s Highlights Continued…. • Transfer of former Franklin stores to IGA through the Joint Independent Divestment Alliance. • Supply deal signed with the Foodworks Supermarket Group that is forecast to contribute $180 million in revenue to IGA Distribution and Australian Liquor Marketers in the
Slide 4: Key Performance Indicators - Metcash Group
Key Performance Indicators - Metcash Group 30.00% 25.00% 20.00% 16.00% 13.90% 15.00% 7.30% 10.00% 5.00% 0.00% FY2000 FY2001 FY2002 Sales Growth for Continuing Business
Slide 5: Key Performance Indicators - Metcash Group
Key Performance Indicators - Metcash Group 26 weeks ended October 2001 100.00% 82.40% 80.50% 79.58% 90.00% 80.00% 70.00% 60.00% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% FY2000 FY2001 FY2002 Cost of doing business as a % of Gross Profit
Slide 6: Key Performance Indicators - Metcash Group
Key Performance Indicators - Metcash Group 8.89 10 8 6 3.93 4 2 0 -2 -2.61 -4 2000 2001 2002 Full Year Earnings Per Share (Cents)
Slide 7: Key Performance Indicators - Metcash Group
Key Performance Indicators - Metcash Group Operating Cash Flow 140 136 120 100 $M 80 58.7 60 40 20 3.4 0 2000 2001 2002 Operating Cash Flow
Slide 8: IGA Distribution results
Sales up 22.3% on last year. Same store sales growth of 8.8% Ebit $84.8 million up 39.5% on last year. Strong performance by IGA as a Brand. Market share for all our customers currently Market Share at about 14.4% per A.C. Nielsen (compared to 40 35 11.2% two years ago). 30 Metcash 25 Woolworths An
Slide 9: Key Feedback - IGA Distribution Market Survey
Key Feedback - IGA Distribution Market Survey Strengths - The last ‘main’ shop - Nationally • Where IGA stores compete with the chains they have strong market share IGA 48.5% • IGA owns the top up / IGA 27.0% convenience end of the market - opportunity to grow! • This shows market share around surve
Slide 10: Key Feedback - IGA Distribution Market Survey
Key Feedback - IGA Distribution Market Survey Strengths - Best Attributes - Nationally • Of the top ten supermarket attributes IGA beats the chains on four... Community Friendly Checkouts Parking
Slide 11: Campbells Cash & Carry and Convenience Distribution
38 Cash & Carry branches and 4 Convenience Store Distribution Branches with sales up 7.4% on last year. Investments made to gain a larger share of the confectionery/convenience market impacted expenses but resulted in strong growth in the target markets.
Slide 12: Australian Liquor Marketers
ª 16 low cost distribution centres. ª 13,000 licensed customers. ª 5.5% sales growth ª Strong sales growth continues due to RTD sales explosion and suppliers closing warehouses and giving wholesalers 100% of their distribution.
Slide 13: Metcash Key Initiatives/Future Directions
Metcash Key Initiatives/Future Directions ª IGA Distribution to bed down Franklins and AIW volumes. ª IGA continue to build the Brand and be dedicated to being the Champion of the Independent Retailer. ª Campbells Cash & Carry to build further in-roads into the formalised convenience sector. ª ALM f
Slide 14: Metcash Key Initiatives/Future Directions
Metcash Key Initiatives/Future Directions ª Implementation of further technology across the group to gain improved supply chain efficiencies and lower the cost of doing business. ª Board and the Executive committed to adding a fourth “business pillar” that will make use of the group’s skills and kno
Slide 15: Metcash First Half FY03
Metcash First Half FY03 Based on the three operating businesses, strong sales and further market share gains by IGA for the first three months of the 2003 financial year together with the benefits of the volume gained from banners previously supplied by Woolworths the Board are comfortable in foreca