Nufarm Limited · ASX:NUF
Nufarm — Shareholder Meeting (2002)
107 slides from Nufarm's shareholder meeting presentation, 2002
Slide 1: Annual General Meeting 2002 – Growing in Partnership
ANNUAL GENERAL MEETING 2002 NUFARM LIMITED GROWING IN PARTNERSHIP
Slide 2: Kerry Hoggard, Chairman
NUFARM LIMITED Kerry Hoggard Chairman
Slide 3: Doug Rathbone, Managing Director
NUFARM LIMITED Doug Rathbone Managing Director
Slide 4: Headline Results: Net profit $56.8m
HEADLINE RESULTS Net profit $56.8m
Slide 5: Headline Results: Net profit $56.8m
HEADLINE RESULTS Net profit $56.8m > 11%
Slide 6: Headline Results: Earnings per share 36.7¢
HEADLINE RESULTS Net profit $56.8m > 11% Earnings per share 36.7¢
Slide 7: Headline Results: Earnings per share 36.7¢
HEADLINE RESULTS Net profit $56.8m > 11% Earnings per share 36.7¢ > 11%
Slide 8: Headline Results: Group revenues $1.43b
HEADLINE RESULTS Net profit $56.8m > 11% Earnings per share 36.7¢ > 11% Group revenues $1.43b
Slide 9: Headline Results: Group revenues $1.43b
HEADLINE RESULTS Net profit $56.8m > 11% Earnings per share 36.7¢ > 11% Group revenues $1.43b > 8%
Slide 10: Divisional Revenues
DIVISIONAL REVENUES 2001 Total: $1.32b Crop protection Industrial, fine and performance chemicals
Slide 11: Divisional Revenues
DIVISIONAL REVENUES 27% 73% 2001 2002 Total: $1.32b Total: $1.43b Crop protection Industrial, fine and performance chemicals
Slide 12: Crop Protection – Global Sales and Profit
CROP PROTECTION – GLOBAL SALES AND PROFIT 1200 1000 800 600 400 200 0 2000 2001 2002
Slide 13: Crop Protection – Global Sales and Profit
CROP PROTECTION – GLOBAL SALES AND PROFIT 1200 300 1000 250 800 200 600 150 400 100 200 50 0 0 2000 2001 2002
Slide 14: Industrial, Fine and Performance Chemicals – Global Sales and Profit
INDUSTRIAL, FINE AND PERFORMANCE CHEMICALS – GLOBAL SALES AND PROFIT 600 500 400 300 200 100 0 2000 2001 2002
Slide 15: Industrial, Fine and Performance Chemicals – Global Sales and Profit
INDUSTRIAL, FINE AND PERFORMANCE CHEMICALS – GLOBAL SALES AND PROFIT 600 150 500 125 400 100 300 75 200 50 100 25 0 0 2000 2001 2002
Slide 16: 1995 Globalising the Business
1995 GLOBALISING THE BUSINESS 13% 87% 1995 Total sales: NZ$484.5m Australasia Europe and North America
Slide 17: 2002 Globalising the Business
2002 GLOBALISING THE BUSINESS 53% 13% 87% 47% 1995 2002 Total sales: NZ$484.5m Total sales: A$1.43b Australasia Europe and North America
Slide 18: Global Presence
GLOBAL PRESENCE ,
Slide 19: Global Presence
GLOBAL PRESENCE ,
Slide 20: Global Presence
GLOBAL PRESENCE ,
Slide 21: Global Presence
GLOBAL PRESENCE
Slide 22: 2002 Performance
2002 PERFORMANCE
Slide 23: Challenging trading conditions: drought in Australia
2002 PERFORMANCE Challenging trading conditions Drought in Australia
Slide 24: Challenging trading conditions: seasons later than normal
2002 PERFORMANCE Challenging trading conditions Drought in Australia Seasons later than normal
Slide 25: Challenging trading conditions: economic conditions
2002 PERFORMANCE Challenging trading conditions Drought in Australia Seasons later than normal Economic conditions
Slide 26: 2002 Performance
2002 PERFORMANCE
Slide 27: Key focus on margins
2002 PERFORMANCE Key focus on margins
Slide 28: Key focus on margins: pricing
2002 PERFORMANCE Key focus on margins Pricing
Slide 29: Key focus on margins: access to markets
2002 PERFORMANCE Key focus on margins Pricing Access to markets
Slide 30: Key focus on margins: costs and efficiencies
2002 PERFORMANCE Key focus on margins Pricing Access to markets Costs and efficiencies
Slide 31: Crop Protection – Australia
CROP PROTECTION – AUSTRALIA
Slide 32: Crop Protection – Australia: drought in some regions
CROP PROTECTION – AUSTRALIA Drought in some regions
Slide 33: Crop Protection – Australia: sales up 15%
CROP PROTECTION – AUSTRALIA Drought in some regions Sales up 15%
Slide 34: Crop Protection – Australia: significant profit improvement
CROP PROTECTION – AUSTRALIA Drought in some regions Sales up 15% Significant profit improvement
Slide 35: Crop Protection
CROP PROTECTION
Slide 36: Crop Protection: Roundup
CROP PROTECTION Roundup is the world’s largest selling crop protection product and the world’s most recognised crop protection brand
Slide 37: Crop Protection – Asia
CROP PROTECTION – ASIA
Slide 38: Crop Protection – Asia: sales up 60%
CROP PROTECTION – ASIA Sales up 60%
Slide 39: Crop Protection – North America
CROP PROTECTION – NORTH AMERICA
Slide 40: Crop Protection – North America: sales growth
CROP PROTECTION – NORTH AMERICA Sales growth
Slide 41: Crop Protection – North America: expanded product range
CROP PROTECTION – NORTH AMERICA Sales growth Expanded product range
Slide 42: Crop Protection – Europe
CROP PROTECTION —- EUROPE
Slide 43: Crop Protection – Europe: strong fungicide sales
CROP PROTECTION – EUROPE Strong fungicide sales
Slide 44: Crop Protection – Europe: branded product sales
CROP PROTECTION – EUROPE Strong fungicide sales Branded product sales
Slide 45: Industrial, Fine and Performance Chemicals
INDUSTRIAL, FINE AND PERFORMANCE CHEMICALS
Slide 46: SEAC revenues up 28%
INDUSTRIAL, FINE AND PERFORMANCE CHEMICALS SEAC revenues up 28%
Slide 47: Industrial, Fine and Performance Chemicals
INDUSTRIAL, FINE AND PERFORMANCE CHEMICALS
Slide 48: Lobeco sales down 30%
INDUSTRIAL, FINE AND PERFORMANCE CHEMICALS Lobeco sales down 30%
Slide 49: Industrial, Fine and Performance Chemicals
INDUSTRIAL, FINE AND PERFORMANCE CHEMICALS
Slide 50: Performance chemicals
INDUSTRIAL, FINE AND PERFORMANCE CHEMICALS Performance chemicals
Slide 51: Performance chemicals: management reorganisation
INDUSTRIAL, FINE AND PERFORMANCE CHEMICALS Performance chemicals Management reorganisation
Slide 52: Industrial, Fine and Performance Chemicals
INDUSTRIAL, FINE AND PERFORMANCE CHEMICALS
Slide 53: Chlor alkali plants
INDUSTRIAL, FINE AND PERFORMANCE CHEMICALS Chlor alkali plants
Slide 54: Chlor alkali plants: strong profit generator
INDUSTRIAL, FINE AND PERFORMANCE CHEMICALS Chlor alkali plants Strong profit generator
Slide 55: Nufarm Limited
NUFARM LIMITED
Slide 56: Crop Care
CROP CARE
Slide 57: Crop Care: strong brand
CROP CARE Strong brand
Slide 58: Crop Care: new opportunities
CROP CARE Strong brand New opportunities
Slide 59: Sales Growth 1993–2002
SALES GROWTH 1993–2002 1500 1260 1020 780 540 300 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
Slide 60: Operating Profit 1993–2002
OPERATING PROFIT 1993–2002 60 50 40 30 20 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
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Slide 79: First Quarter Review: sales down in Australia
FIRST QUARTER REVIEW Sales down in Australia
Slide 80: First Quarter Review: North America ahead of budget
FIRST QUARTER REVIEW North America ahead of budget
Slide 81: First Quarter Review: Europe looking strong
FIRST QUARTER REVIEW Europe looking strong
Slide 82: First Quarter Review: Asia ahead of last year
FIRST QUARTER REVIEW Asia ahead of last year
Slide 83: First Quarter Review: industrial chemicals improved results
FIRST QUARTER REVIEW Industrial chemicals showing improved results
Slide 84: 2003 Full Year
2003 FULL YEAR
Slide 85: 2003: revenue and profit growth
2003 FULL YEAR Revenue and profit growth
Slide 86: 2003: improve earnings quality
2003 FULL YEAR Revenue and profit growth Improve earnings quality
Slide 87: 2003: address balance sheet issues
2003 FULL YEAR Revenue and profit growth Improve earnings quality Address balance sheet issues
Slide 88: 2003: enhance business strengths
2003 FULL YEAR Revenue and profit growth Improve earnings quality Address balance sheet issues Enhance business strengths
Slide 89: Strategy
STRATEGY
Slide 90: Growth in crop protection by expanding markets and portfolio
STRATEGY Pursuing growth in crop protection business by expanding geographic markets and product portfolio
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Slide 107: Annual General Meeting 2002 – Growing in Partnership
ANNUAL GENERAL MEETING 2002 NUFARM LIMITED GROWING IN PARTNERSHIP 60 50 40 30 20 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002