Strix Group Plc · LSE:KETL
Strix — Shareholder Meeting (2023)
15 slides from Strix's shareholder meeting presentation, 2023
Slide 1: Investor Presentation 2023 AGM
Investor Presentation 2023 AGM
Slide 2: Our story
STRIX TECHNOLOGY Investor Presentation | 2023 AGM Our story 2
Slide 3: Current trading
STRIX TECHNOLOGY Investor Presentation | 2023 AGM Current trading • We are pleased to report an improved trading performance and can confirm that profit after tax for the full year remains in line with market expectations* • At our full year results, we highlighted that, following a period of uncert
Slide 4: 2022 highlights
STRIX TECHNOLOGY Investor Presentation | 2023 AGM 2022 highlights Financial Operational Strategic ▪ Revenue for the year was £107m, a decrease of 10.5% vs ▪ Acquisition of Billi continues to be successfully last year driven predominantly by a reduction in Kettle integrated in line with plan to achie
Slide 5: Evidence of green shoots returning in Kettle Controls in Q1 2023
STRIX TECHNOLOGY Investor Presentation | 2023 AGM Evidence of green shoots returning in Kettle Controls in Q1 2023 Kettle Sales Out (Key Markets major online retailer) OEM Kettle Activity Increase UK Sales 2022 Germany Sales 2022 250,000 200,000 180,000 200,000 160,000 140,000 85% 83% 150,000 120,00
Slide 6: Update on transformational acquisition of Billi
STRIX TECHNOLOGY Investor Presentation | 2023 AGM Update on transformational acquisition of Billi Billi Business Overview Transaction Summary ▪ Billi is a leading brand in Australia for the supply of premium instant boiling, chilled and sparking filtered water systems – Clear #2 player in the space
Slide 7: Update on transformational acquisition of Billi (cont’d)
STRIX TECHNOLOGY Investor Presentation | 2023 AGM Update on transformational acquisition of Billi (cont’d) Overview of Strategic Rationale Progress since Acquisition ▪ Very positive progress being made at Billi UK with elements of the TSA already removed Materially changes the earnings profile of th
Slide 8: Capital allocation priorities
STRIX TECHNOLOGY Investor Presentation | 2023 AGM Capital allocation priorities ▪ Strix is focused on its highly cash generative operating model and the management team will prioritise integration and unlocking anticipated revenue and cost synergies following the acquisition of Billi ▪ There will be
Slide 9: Kettle Controls category
STRIX TECHNOLOGY Investor Presentation | 2023 AGM Kettle Controls category 2022 Overview Kettle Controls Category Growth 2020 - 2022 ▪ Overall market softened by c. 18%, with volume and value reductions experienced across all sectors. Market continued to soften as the year progressed (5.1%) CAGR ▪ K
Slide 10: Consumer goods business growth, despite market softening by c.16%
STRIX TECHNOLOGY Investor Presentation | 2023 AGM Consumer goods business growth, despite market softening by c.16% 2022 Key Numbers Achievements & Initiatives ✓ Aqua Optima rebrand rolled out Group Consumer Goods Business +1% Growth (+8.7% incl. Billi) ✓ Elegant, unique to category, Perfect Pour ra
Slide 11: Global consumer goods tradeshows
STRIX TECHNOLOGY Investor Presentation | 2023 AGM Global consumer goods tradeshows Strix Group has recently exhibited in key global trade exhibitions, in line with our objective to expand global distribution DUBAI BIRMINGHAM CHICAGO INSPIRED HOME ARAB INDX SHOW HEALTH …Jan 2023 …Feb 2023 …March 2023
Slide 12: Sustainability - emissions
STRIX TECHNOLOGY Investor Presentation | 2023 AGM Sustainability - emissions Scope 1 & 2 Emissions – Net zero today Scope 3 Emissions Units 2021 2022 Change Scope 1 & 2 tCO₂e 7,695 6,156 (20%) Strix has undertaken initial analysis to determine the level of Scope 3 emissions tCO₂e/£ ▪ 98% of Group em
Slide 13: Disclaimer
STRIX TECHNOLOGY Investor Presentation | 2023 AGM Disclaimer This presentation has been prepared by Strix Group Plc (the “Company”) and comprises the following presentation slides (the “Slides”) for the sole use at a presentation concerning the Company. The Slides contain statements that are or may
Slide 14: End of CEO Presentation
End of CEO Presentation TECHNOLOGY
Slide 15: Results of proxy votes cast
STRIX TECHNOLOGY Investor Presentation | AGM May 2022 Results of proxy votes cast Results as at 30-June-2023 Resolution Resolution description Total Votes Votes For % For Votes in % Discretion Votes Against % Against Votes cast* Discretion Withheld Ordinary resolutions 1 To receive the annual accoun