Top Banner
EBOS Group Limited (EBO:AX, EBO.NZ) John Cullity CEO Elect ASX CEO Connect Series – March 2018
9

EBOS Group Limited (EBO:AX, EBO.NZ) - ASXEBOS 1H FY18 Summary results 7 Delivering Results 1,822 5,757 6,395 7,101 7,626 FY13 FY14 FY15 FY16 FY17 57.0 175.4 215.7 225.5 241.4 FY13

Feb 02, 2021

Download

Documents

dariahiddleston
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
  • EBOS Group Limited (EBO:AX, EBO.NZ)John Cullity CEO ElectASX CEO Connect Series – March 2018

  • 2

    ANIMAL CAREHEALTHCARE

    EBOS Group Today

    COMMUNITY PHARMACY

    CONSUMER PRODUCTS

    INSTITUTIONAL HEALTHCARE

    CONTRACT LOGISTICS RETAIL

    PRODUCT & BRANDS

    VET WHOLESALE

    NZ$2.7BMarket Capitalisation

    NZX/ASX Dual listed

    $7.6 billionFY17 Revenue

    21%Annualised shareholder return last 4 Years

    No.1Combined pharmacy and hospital pharmaceutical wholesaler in Australia & NZ

    Investments

  • 3

    EBOS Group strategic approach

    Investing for Growth Leading Market PositionsDisciplined Capital

    Management

    • Cash generation to drive scope for further investment which allows for dividends paid in the range of 60-70% of Net Profit After Tax

    • Acquisitions focus on improving Group returns on capital employed

    Our Healthcare and Animal Care strategic focus is centred on:

    We aim to have positions of scale in the markets we operate in and maximise opportunities across our wide range of business segments wherever possible

    Two types of investments:

    • External acquisitions – we have a strong history of deal execution

    • Internal Capex – investment to lift productivity, manage cost and deliver better customer service

    We focus on delivering profitable growth and superior returns

  • 4

    Recent Investment HighlightsRecent Acquisitions & Investments Major Capacity Expansion

    TWC Investment: October 2016• Merger of Chemmart and Terry

    White has created of one of the largest retail pharmacy store networks in Australia.

    HPS Acquired: June 2017• Australia’s largest provider of

    outsourced pharmacy services to Hospitals.

    Significant progress made on three key capex projects in Australia & NZ• New Wholesale Distribution site

    Brisbane, Queensland

    • New Contract Logistics siteSydney, New South Wales

    • New Wholesale Distribution siteChristchurch, NZ

    BlackHawk expansion: July 2017• BH launched into the New Zealand

    market• BH is now Australia’s and NZ’s fastest

    growing premium pet food.

    MedAdvisor investment: October 2017 • Cornerstone investment made in

    Australia’s leading digital medication management company Construction progress: New Brisbane site (Queensland)

  • 5

    • Australia’s fastest growing premium pet food brand with a leading position in the pet specialty retail channel.

    • Sales growth in 1H 2018 of +26%

    • In July 2017 Black Hawk was launched in the New Zealand market. Initial results are very positive.

    Black Hawk Update

    FY14 FY15 FY16 FY17

    Black Hawk Sales (pre and post acquisition)

    +48%

    +55%

    +23%

  • 6

    Constant FXNZ$m H1 FY18 H1 FY17 Var VarRevenue 3,942.7 3,960.2 (0.4%) (3.8%)

    Gross Operating Revenue 434.8 364.1 19.4% 15.5%

    EBITDA 138.5 119.9 15.6% 11.7%

    EBIT 121.2 107.5 12.7% 9.0%

    Net Profit After Tax 76.7 68.8 11.5% 7.8%

    Underlying EBITDA 138.5 122.3 13.3% 9.5%

    Underlying NPAT 76.7 70.2 9.1% 5.5%

    Adjusted EPS - cps 51.4 46.4 10.8% 7.1%

    Net Debt 447.5 288.1

    Net Debt : EBITDA 1.76x 1.25x

    ROCE 16.1% 16.2%

    EBOS 1H FY18 Summary results

  • 7

    Delivering Results

    1,822

    5,757

    6,395

    7,101

    7,626

    FY13

    FY14

    FY15

    FY16

    FY17

    57.0

    175.4

    215.7

    225.5

    241.4

    FY13

    FY14

    FY15

    FY16

    FY17

    41.0 47.0 58.5 63.0

    FY14 FY15 FY16 FY17

    5 Year Revenue TrendNZ$m

    Dividends per sharecents

    5 Year EBITDA TrendNZ$m

    6

    8

    10

    12

    14

    16

    18

    20

    30/06/2012 30/06/2013 30/06/2014 30/06/2015 30/06/2016 30/06/2017

    Share PriceFY13 to FY17

  • 8

    Summary - what to expect

    • Continue to execute on our strategy of organic growth and bolt on acquisitions

    • Maintain our disciplined approach to cash flow and capital management

    • Maintain a strong balance sheet with capacity for acquisition opportunities

    • Focus on our customers, partners and shareholder returns

  • www.ebosgroup.com

    EBOS Group Limited (EBO:AX, EBO.NZ)� John Cullity CEO Elect� ASX CEO Connect Series – March 2018EBOS Group TodayEBOS Group strategic approachRecent Investment HighlightsBlack Hawk UpdateEBOS 1H FY18 Summary resultsDelivering ResultsSlide Number 8Slide Number 9