Ricegrowers Ltd. Class B · ASX:SGLLV
Ricegrowers Ltd. Class B — Shareholder Meeting (2018)
13 slides from Ricegrowers Ltd. Class B's shareholder meeting presentation, 2018
Slide 1: SunRice Business Update CEO Presentation
SUNRICE BUSINESS UPDATE CEO PRESENTATION ANNUAL GENERAL MEETING 2018
Slide 2: FY18 Results
- -FY18 RESULTS
Slide 3: FY18 Results: Profit Rebounds
FY18 RESULTS PROFIT REBOUNDS REVENUE $1.18 billion 6% increase Having demonstrated in FY17 that the business has NET PROFIT the strength, resilience and BEFORE TAX $62.9 million 56% increase flexibility to weather cyclical downturns, in FY18 NET PROFIT $45.1 million 32% increase profit rebounded and
Slide 4: Current Challenges
CURRENT CHALLENGES 4
Slide 5: Key Drought Mitigation Strategies
CURRENT CHALLENGES KEY DROUGHT MITIGATION STRATEGIES ▪ Adjusting CY18 crop carryover volumes We are prepared for the current drought and are We will carry over >225,000 tonnes to preserve paddy. already implementing Total available paddy will be split over next two years to maintain mitigation strat
Slide 6: International Sourcing Has Protected Our Markets
CURRENT INTERNATIONAL SOURCING CHALLENGES HAS PROTECTED OUR MARKETS '000 Paddy Tonnes Riverina Supply versus Demand To meet growing demand 1,400 Riverina Crop for SunRice products, over Demand for SunRice Product the past five years we have 1,200 1,161 successfully secured 1,000 1,038 963 internatio
Slide 7: International Sourcing Critical Given Drought
CURRENT INTERNATIONAL SOURCING CRITICAL CHALLENGES GIVEN DROUGHT ▪ Vietnamese supply chain established In 2012, we successfully SunRice exports approaching 600,000 paddy tonnes, which initiated a strategy to represents >5% of rice exports internationally diversify and secure rice supplies. MOU signe
Slide 8: FY19 Outlook
8 FY19 OUTLOOK
Slide 9: FY19 Guidance
FY19 OUTLOOK FY19 GUIDANCE While we expect a ▪ Currently anticipate NPAT for FY19 between $30-$35 million significantly lower crop in Prevailing conditions in Asian tender markets CY19, it is too early to provide an accurate PNG Kina depreciation & foreign currency liquidity conditions in PNG foreca
Slide 10: Funding the Future
FUNDING THE FUTURE 10
Slide 11: We Have Every Reason to Be Optimistic
FUNDING THE FUTURE WE HAVE EVERY REASON TO BE OPTIMISTIC ▪ Preparing for the present drought scenario by accelerating the Ensuring access to implementation of the 2022 Strategy funding, especially during challenging times of International supply chains rapidly expanding (An Giang MOU) drought and cy
Slide 12: Ongoing Funding Is Critical for Our Future
FUNDING THE FUTURE ONGOING FUNDING IS CRITICAL FOR OUR FUTURE ▪ Decision to move B Class Shares to the ASX, while preserving The ASX proposal will grower shareholder control, is important for our company, the provide SunRice with Australian rice industry and growers funding capacity that More so now
Slide 13: Accelerating our 2022 Strategy to increase resilience
“By accelerating our 2022 Strategy we aim to increase our resilience and to expand our markets, so that we can ensure our Riverina growers maximise returns when planting rice is viable again” 13
Ricegrowers Limited (SunRice) — Shareholder Meeting (2018) on 6ix