Ian Davis Nuplex Industries Limited
|
|
- Sibyl Butler
- 5 years ago
- Views:
Transcription
1 Ian Davis Nuplex Industries Limited
2 Nuplex an industrial resins & specialties business ASX Small to Mid Caps Conference Hong Kong, 29 October 2009 John Hirst Managing Director 37
3 Who we are Nuplex is an industrial resins & specialties company 75% of sales from manufactured products 25% of sales from distribution of 3 rd party products Operates in two business groups, Resins and Specialties One of the world s top 10 Resin manufacturers One of Australasia s top 4 Specialties distributors Manufactures in 10 countries and sells to more than 80 countries 1,650 employees Sales of around A$1.3 billion US$1.1 billion NZ$1.5 billion Target EBITDA to Sales Ratio is 9% Range over the cycle of 7 10% Net debt to debt + equity is less than 20% 38
4 From the investor viewpoint Stock exchange listings ticker code: NPX Quoted on ASX since 1999 Quoted on NZX since 1956 Market capitalisation AUD $380 million NZ$460 million Performance development Sales 53 years as a profitable listed company 190 million shares on issue Approaching 11,000 shareholders Dividend Share ownership Institutional 37% New Zealand total 87% 39
5 Nuplex resins and specialties essential ingredients for things we all use Resins What we do Coating Resins Inputs for production of industrial and decorative paints Composite Resins Inputs for manufacture of glass-reinforced composite products Paper Resins Functional resins and process control inputs for paper manufacture Specialties Agency & Distribution Specialty products for chemicals, plastics and life sciences industries Masterbatch Colour and process additives for plastic moulding and fabrication Construction Products Functional flooring, cladding and waterproofing for construction 40
6 Nuplex s global operations Operations Australasia Asia Europe Americas Resins Specialties Water based, solvent based and powder resins for the coating market; composite resins and paper resins Agency and distribution including specialty products for the chemicals, plastics and life sciences industries; Masterbatch; and construction products Water based, solvent based and powder resins for the coating market; composite resins Masterbatch Water based, solvent based and powder resins for the coating market Nuplex s manufacturing locations Water based, solvent based and powder resins for the coating market 41
7 Resins business Commonality between segments Raw materials Plant & equipment Process & technology Compliance Differences End markets Application technology 42
8 Resins for coatings A global business with varying regional characteristics Australasia Decorative 70% Specialty 30% Asia Decorative 50% Specialty 50% Europe & Americas Decorative 20% Specialty 80% Principal end markets Automotive Marine Furniture Electronics Protective coating Industrial Decorative Construction Principal products Water based, solvent based, powder resins Coating industry growth rate Global 4% 80% of Resins business Market dynamics Manufacturing is shifting to Asia Increasing demand for specialty coatings and high quality Market demanding low environmental impact products 43
9 Resins for composites A regional business with varying sophistication Australia Specialty 65% General 35% New Zealand Specialty 70% General 30% South East Asia Specialty 85% General 15% Principal end markets Marine & leisure Swimming pools Tanks Transportation Infrastructure Mining Principal products Polyester, epoxy & vinyl ester resins, gelcoats & flowcoats Reinforcements, catalysts, auxiliaries, engineering services Composites industry growth rate Global 5 6% The most volatile resin segment Highly reflective of economic conditions 15% of Resins business Market dynamics New applications continually being found for growth Asia moving towards higher quality requirements 44
10 Resins for paper 5% of Resins business A regional business Australia New Zealand Principal end markets Tissue Newsprint Principal products Functional resins for Process aids for paper making Fine paper Packaging board sizing coating wet strength Industry sector growth rate GDP Market dynamics Stable business sector Firm currency creates export difficulties 45
11 Specialties business Commonality with Resins business Markets with resins Vertical supply Available laboratories Industrial selling skills Compliance management Commonality within Specialties Differences Masterbatch & plastics sales Minimal manufacture Some unique markets 46
12 Specialty products A regional business Specialty Products are Nuplex s growth focus in Australasia Principal end markets Manufacturing industry Food & pharma processing Mining Principal products Chemicals Plastics Life Science products Growth rates Low in Chemicals & Plastics Moderate in Life Sciences Market dynamics Consolidation of global supply Creates risk & opportunity 75% of Specialties business 47
13 Masterbatch 15% of Specialties business A regional business New investment and growing in Asia Principal end markets Packaging plastics General plastic articles Textile fibres Principal products Colour concentrates in plastic Colour concentrates in aqueous media Additive packages in plastic Growth rates Low in mature markets 10+% in growing markets Market dynamics Smaller batch sizes Quicker service 48
14 Construction products The heritage Nuplex business NZ dominated Differentiated through relationship with linked Contractors Principal end markets Flooring systems industrial commercial Commercial waterproofing Industrial & commercial hygienic surface finishing Residential cladding Principal products Resin & resilient flooring, adhesives, tools Growth rates GDP Lightweight plasters & polystyrene cladding Sheet & liquid membranes Market dynamics Agriculture, horticulture & residential markets important 10% of Specialties business 49
15 Our markets Indicative 2010 v 2009 Australasia Soft in NZ with no signs yet of recovery down 15% over 2008 Australia has recovered from its low point Still down 15% but gaining real ground particularly in composites Americas No signs of recovery with continuing weakness Shifted emphasis to higher margin specialties Europe Uplift from late in May with good demand post summer holidays Still down 20% from 2008 but this is a good recovery Asia China showing continuing growth Moved market focus to high end products as capacity becoming constrained Vietnam returned to strong demand Good signs throughout rest of SE Asia that demand is returning High end, high margin market remains strong 50
16 Our margins and costs Raw material costs Costs have come off 4 year highs to provide margin uplift across all regions Upwards pressure now which will be largely recovered through pricing Raw material cost index US$ through Sept 09 Discretionary spending Complete ban has reduced operating costs significantly Restructuring All operations have matched production to market requirements Fixed cost reduced by $5 7 million annually Australasia USA Further $5 7 million annual reduction targeted for the current year 51
17 2009 highlights o Sales $1.5 billion with demand generally stabilised o Remained profitable while demand fell by 20 30% $16.7 million o Asian earnings up 120% o China and Vietnam especially strong o Operating cash flow up 61% to $123 million a record o Total dividends of 8.5 cents per share o 68% of net operating profit o Gearing 20% at 30 June 2009 o Headroom in borrowings around $200 million o New capacity for composite resins commissioned in Australia and Indonesia o Improved efficiency and ability to produce broader product range o Raw material costs eased on low demand o Generally beneficial to margins *All figures NZ$ (NZ$1 = US$0.75 at 22 October) 5 2
18 Strategy Seek preferred supplier position in key markets through Superior technical service Exceptional operational efficiency and service Sensitivity to customer profit and sustainability Resins Grow global coatings business o Greenfield investment in specialty segments and growth economies o Consolidation of mature markets in both specialty and general product segments Grow composites business by transitioning into adjoining markets o South east Asia is primary focus Invest in sustainable technologies o Environmentally friendly low and zero emission products and processes o Raw materials from renewable resources o Low cost options with near comparable performance Specialties Broaden product range one stop shop o Focus on higher growth and sustainable segments 53
19 Outlook o Trading conditions generally stable to improving o General optimism that there is no downside from here o Supply chain now in line with underlying demand o Recovery slow but will gain momentum in the mid term o Business will be right sized o Investment to continue o Innovative and sustainable technology o Capacity in high growth regions o Relatively low demand for capital o Approximately $70m million capex over 3 years o Major Items are Suzhou expansion New ERP system Vietnam expansion Wacol warehouse 54
20 Nuplex a growth company Regional Influence on EBITDA growth New Zealand Australia Global Asia Forecast
21 THANK YOU 56
22 Additional Material Regional EBITDA history 8 x half year periods Board of directors Executive managers 5 year history of key financials Analysts forecast and consensus 57
23 Regional EBITDA history EBITDA NZ$ EBITDA NZ$ 58
24 Directors Rob Aitken Independent chairman Location: Sydney, Australia Skills: Chemical engineering, International business David Jackson Independent director Location: Auckland, New Zealand Skills: Accounting, audit Bryan Kensington Independent director Location: Auckland, New Zealand Skills: Accounting, insolvency Michael Wynter Independent director Location: Sydney, Australia Skills: Legal, Asian business John Hirst Managing director Location: Sydney, Australia Skills: Chemist, Coatings and Resins broad experience Barbara Gibson Independent director Location: Melbourne, Australia Skills: Chemist, Chemical Industry General Management Peter Springford Independent director Location: Auckland, New Zealand Skills: Industrial company senior management, Asian business 59
25 Management structure John Hirst Group managing director Executive Management Group General Manager Nuplex Resins Rob Harmsen Group General Manager Functional Materials Sam Bastounas Group General Manager Specialty Products Charles Northcote Group General Manager Operations Tony Cooke Chief Financial Officer Ian Davis General counsel & company secretary James Williams General Management Group purchasing Manager Group general manager Technology General managers Americas Asia Australasia Europe Middle East & Africa General managers Composites Construction Masterbatch Paper General managers PML Group APS (Australia) APS NZ Regional operations managers Australasia Asia Americas Europe Group financial controller Group general manager Communications and Business Systems 60
26 Nuplex 5 year history Sales 1,494m 1,532m 1452m 1301m 929m EBITDA 92m 122m 104m 103m 82m Operating profit 24m 53m 38m 35m 32m Dividend per share $0.193* $0.43 $0.36 $0.335 $0.265 Net tangible assets 355m 205m 166m 195m 160m Debt % funds employed 17% 46% 50% 46% 50% All amounts are in NZ$ * Adjusted for share rights, placement and consolidation for guidance only 61
27 Analysts forecasts Broker Date Recommendation Forward share price ABN Amro Craigs 27/08/09 Buy NZ$2.76 First NZ Capital 28/08/09 Outperform NZ$3.09 Forsyth Barr 27/08/09 Hold NZ$2.54 GSJBW (NZ) 27/09/09 Buy NZ$2.95 Macquarie (NZ) 28/08/09 Outperform NZ$2.70 UBS 27/08/09 Neutral NZ$2.30 Actual FY09 FY10 FY11 FY12 Forecast: Revenue (NZ$) 1.49 billion billion billion billion Forecast: EBITDA (NZ$) 92 million million million million Consensus EBITDA 91.5 million million million million 62
NZX/ASX release 18 February 2016 MANAGEMENT DISCUSSION & ANALYSIS FOR INTERIM FINANCIAL RESULTS FOR THE 2016 FINANCIAL YEAR
NZX/ASX release 18 February 2016 MANAGEMENT DISCUSSION & ANALYSIS FOR INTERIM FINANCIAL RESULTS FOR THE 2016 FINANCIAL YEAR Non-GAAP financial measures Nuplex results are prepared in accordance with NZ
More informationNUPLEX INDUSTRIES LIMITED RESULTS PRESENTATION FOR THE YEAR ENDED 30 JUNE 2012 PRESENTATION AGENDA
NUPLEX INDUSTRIES LIMITED RESULTS PRESENTATION FOR THE YEAR ENDED 30 JUNE 2012 17 AUGUST 2012 Emery Severin, Chief Executive Officer Ian Davis, Chief Financial Officer PRESENTATION AGENDA 1. Group Overview
More information58 th ANNUAL SHAREHOLDERS MEETING. 5 November 2014 Auckland, New Zealand
58 th ANNUAL SHAREHOLDERS MEETING 5 November 2014 Auckland, New Zealand 0 Peter Springford, Chairman 1 1 FY14 financial outcomes Sales revenue $1,639.9m down 1.5% Earnings per share 26.4 cents up 17.7%
More informationAgenda. 1. Strategic context. 2. Progress to date. 3. Next 2-3 years. 4. Strategy outcomes
Agenda 1. Strategic context 2. Progress to date 3. Next 2-3 years 4. Strategy outcomes This presentation has been prepared by Nuplex and is for general information only. Every effort has been made to ensure
More informationFor personal use only
Nuplex Asia Overview Bangkok, Thailand March 2015 0 Agenda 1. Company Overview 2. Nuplex Asia Overview 3. Nuplex Asia Growth strategy 4. Nuplex Asia Synthese Thailand 5. Site tour safety 6. Appendices
More informationPartners With The Right Chemistry Annual Report
Partners With The Right Chemistry 2015 Annual Report Contents 2 Overview 3 Chairman s Report 5 Chief Executive Officer s Report 7 Highlights of the Year 15 Operating and Financial Review 15 Financial Review
More informationNZX/ASX/Media release 23 June Scheme of Arrangement Update
NZX/ASX/Media release 23 June 2016 Scheme of Arrangement Update Nuplex Industries Limited (NZX/ASX: NPX) today re-confirms that the Special Meeting of Shareholders will be held on Thursday 7 July 2016
More informationAnalysis of the Asia-Pacific paint and coatings market
Seite/Page: 1 Analysis of the Asia-Pacific paint and coatings market No doubt, the world economic growth was greatly impacted by the key happenings in 2008 and 2009. In 2009, we saw North America and Europe
More informationFor personal use only
GALE PACIFIC LIMITED (ASX:GAP) ASX and Media Release 23rd August 2013 Record NPAT of $9.1 million up 7% on previous year Revenue increase of 9% to $120 million Diluted earnings per share of 3.00 cents
More informationFor personal use only
A S X A N N O U N C E M E N T DATE: 24 August 2016 FY2016 RESULTS PRESENTATION Attached is the Presentation regarding Pact s Financial Results for the year ended 30 June 2016. The Presentation will occur
More informationPaul Maguire Philip Bennett Paul Witheridge Managing Director Chief Financial Officer Chief Financial Officer
McPherson s Limited Results for the year to 30 June 2011 Paul Maguire Philip Bennett Paul Witheridge Managing Director Chief Financial Officer Chief Financial Officer McPherson s Limited McPherson s Limited
More informationFor personal use only
ASX and Media Release 16 August 2018 GALE Pacific delivers to top end of guidance with FY18 PBT $12.5m GALE Pacific Limited (ASX: GAP) is pleased to announce its financial results for the full year ended
More informationInvestor Presentation
NZX Code: ATM ASX Code: A2M 3 May 2017 NZX/ASX Market Release Investor Presentation Please find attached a presentation to be given today by The a2 Milk Company Limited at Macquarie s annual Australia
More informationDavid Navikas Vice President and Controller
David Navikas Vice President and Controller PPG Industries, Inc. New York City May 18, 2007 Forward-Looking Statement Statements contained herein relating to matters that are not historical facts are forward-looking
More informationPPG Industries, Inc. First 2018 Financial Results Earnings Brief April 19, 2018
PPG Industries, Inc. First 2018 Financial Results Earnings Brief April 19, 2018 First Quarter Financial Highlights PPG first quarter net sales from continuing operations were approximately $3.8 billion,
More informationA S X A N N O U N C E M E N T
A S X A N N O U N C E M E N T DATE: 24 February 2016 Attached is the Presentation regarding Pact s Half year Financial Results for the half year ended 31 December 2015. The Presentation will occur at 10am
More informationLondon December 3, 2010 Bank of America Merrill Lynch European Chemicals Conference. Keith Nichols - CFO
London December 3, 2010 Bank of America Merrill Lynch European Chemicals Conference Investor Update Q3 2010 results Keith Nichols - CFO Agenda AkzoNobel at a glance Strategic ambitions Q3 2010 highlights
More informationFor personal use only
GALE PACIFIC LIMITED (ASX:GAP) ASX and Media Release 25 th August 2011 Record NPAT of $7.1 million up 18% on previous year Earnings per share of 2.4 cents Continued strong cash flow generation from operations
More informationFor personal use only
30 July 2015 Company Announcements Office Australian Securities Exchange QUARTERLY REPORT APPENDIX 4C In accordance with ASX Listing Rule 4.7B, the Company attaches its June 2015 Quarterly Report Appendix
More informationNZX/ASX release 17 August 2016 FINANCIAL RESULTS FOR 2016 FINANCIAL YEAR
Nuplex Industries Limited 602C Great South Road Ellerslie, Auckland New Zealand P O Box 12-841, Penrose Auckland 1061 Telephone +64 9 579 2029 Facsimile +64 9 571 0542 www.nuplex.com NZX/ASX release 17
More informationCytec Industries Inc. (NYSE : CYT)
Cytec Industries Inc. (NYSE : CYT) Goldman Sachs Basic Materials Conference Shane Fleming President, Cytec Specialty Chemicals May 22, 2008 Forward Looking Statement and Non-GAAP Measures During the course
More informationWe create chemistry for a sustainable future
Andrea Frenzel President South and East Asia, ASEAN and ANZ Roadshow Kuala Lumpur June 5, 2017 We create chemistry for a sustainable future Cautionary note regarding forward-looking statements This presentation
More informationEarnings Teleconference. Fourth Quarter / Fiscal 2017
Earnings Teleconference Fourth Quarter / Fiscal 2017 Forward Looking Statements This presentation contains forward-looking statements based on management s current expectations, estimates and projections.
More informationEASTMAN CHEMICAL COMPANY EMN January 26, :30 PM EDT. Table of Contents. TABLE 1 Statements of Earnings 1. TABLE 2 Other Sales Information 2-3
FINANCIAL INFORMATION January 26, 2006 For use in the Eastman Chemical Company Conference Call at 8:00 AM (EDT), January 27, 2006. Table of Contents Item Page TABLE 1 Statements of 1 TABLE 2 Other Sales
More informationHans Wijers, CEO, Keith Nichols, CFO February 16, 2012 Press conference Q4 and FY 2011 results
Hans Wijers, CEO, Keith Nichols, CFO February 16, 2012 Agenda Q4 and full year 2011 value and values highlights Performance improvement program, conclusion and outlook Q&A 2 Highlights 2011 revenue up
More informationFletcher Building Limited. Acquisition of Laminex Industries
Fletcher Building Limited Acquisition of Laminex Industries 18 September 2002 This presentation has been prepared for investors in New Zealand and Australia and may not be released in the United States.
More informationFirst Quarter 2010 Highlights
Dow Reports First Quarter Results Accelerated Sales Growth, Broad-Based EBITDA Margin Expansion and Record Equity Earnings Drive Higher Operating Results versus the Same Quarter Last Year First Quarter
More informationKeith Nichols, CFO September, Credit Investor Meetings
Keith Nichols, CFO September, 2008 Credit Investor Meetings Safe Harbor Statement This presentation contains statements which address such key issues as AkzoNobel s growth strategy, future financial results,
More informationJuly 29, 2009 Q results press conference. Hans Wijers, CEO Keith Nichols, CFO
July 29, 2009 Q2 2009 results press conference Hans Wijers, CEO Keith Nichols, CFO Agenda 1. Q2 Highlights 2. Q2 Financial review 3. Strategic ambitions and medium-term targets 4. Q&A 01 Q2 Highlights
More informationNo Boundaries Only Possibilities
No Boundaries Only Possibilities 1 MegaChem Limited Results Presentation Half Year Ended 30 June 2010 2 Industry Overview Value and Profitability Industry Positioning Specialty Chemicals Commodity Chemicals
More informationHeading back to profitable growth
Commerzbank German Investment Seminar 2010 New York January 12, 2010 Dr. Kurt Bock, CFO Heading back to profitable growth 1 Forward-looking statements This presentation includes forward-looking statements
More informationDULUXGROUP Full Year Results. 11 November 2015
DULUXGROUP 2015 Full Year Results 11 November 2015 1 Agenda Outline Results Overview Segment Performance Other Financial Information Strategic Growth Priorities Outlook Appendices 2 Results Overview 3
More informationSTEEL & TUBE HOLDINGS LIMITED. HY18 Interim Results Presentation. For the Six Months to 31 December February 2018
STEEL & TUBE HOLDINGS LIMITED HY18 Interim Results Presentation For the Six Months to 31 December 2017 23 February 2018 BECOMING A MODERN AND INNOVATIVE COMPANY Providing Strength to New Zealand Steel
More informationFor personal use only
ASX Announcement Freedom Foods Group Limited (ASX: FNP) FY 2013 Financial Results Freedom Foods Group Limited (FNP) today released the Company s preliminary final results for the full year ended 30 th
More information2007 Nomura Investment Forum. Graeme Liebelt Managing Director & CEO
2007 Nomura Investment Forum Graeme Liebelt Managing Director & CEO Orica - overview Australian owned publicly listed company trading on the Australian Stock Exchange (ORI) Market capitalisation of approximately
More informationThe Valspar Corporation
March 04, 2015 The Valspar Corporation Current Recommendation Prior Recommendation Outperform Date of Last Change 07/05/2012 Current Price (03/03/15) $87.26 Target Price $92.00 NEUTRAL (VAL-NYSE) SUMMARY
More informationBusiness Update. USPP Conference Miami. Luis Damasceno Group CFO Michael Williams Group Finance Director & Treasurer January 2019
Business Update USPP Conference Miami Luis Damasceno Group CFO Michael Williams Group Finance Director & Treasurer 23-25 January 2019 www.alsglobal.com IMPORTANT NOTICE AND DISCLAIMER This presentation
More informationHexion Inc. Third Quarter 2018 Results. November 13, 2018
Hexion Inc. Third Quarter 2018 Results November 13, 2018 Forward-Looking Statements Hexion Inc. Certain statements in this presentation are forward-looking statements within the meaning of and made pursuant
More informationRPM s E-COMMERCE. group, formed in 2003, is working with several of our Operating Companies to A D V A N C E. their BUSINESS
RPM s E-COMMERCE group, formed in 2003, is working with several of our Operating Companies to A D V A N C E their BUSINESS SES. LETTER to our SHAREHOLDERS... 4 COMPANY PROFILE...6 PRODUCTS and SERVICES...8
More informationWe create chemistry for a sustainable future
Ingo Rose Director Investor Relations Redburn Conference Toronto May 9-10, 2017 We create chemistry for a sustainable future Cautionary note regarding forward-looking statements This presentation contains
More informationH.B. Fuller Company. J.P. Morgan Securities
Michele Volpi President & Chief Executive Officer Jim Giertz Senior Vice President and Chief Financial Officer Steven Brazones Director, Investor Relations J.P. Morgan Securities New York, New York June
More informationFinancial results for Q2 2018
Financial results for Q2 2018 Warsaw, 6th September 2018 Financial results for Q2 2018 Q2 2018 - executive summary 2 PLN 934 m revenues (H1: PLN 1 819 m) PLN 172 m Adj. EBITDA (H1: PLN 340 m) 18.4% Adj.
More informationBASF Analyst Conference Call FY 2016
BASF Analyst Conference Call FY 2016 February 24, 2017, 2:00 p.m. (CET) Ludwigshafen, Germany Ludwigshafen, February 24, 2017 Analyst Conference Call Full Year 2016 Analyst Conference Call Script long
More informationJune Record interim result Strong cash flows continue Raw material pricing actively managed High level of acceptance of new technology
2009/10 investr update June 2010 Recrd interim result Strng cash flws cntinue Raw material pricing actively managed High level f acceptance f new technlgy Emery Severin Managing Directr Ian Davis Chief
More informationBUSINESS YEAR 2017/18 2 nd QUARTER, 1 st HALF
BUSINESS YEAR 2017/18 2 nd QUARTER, 1 st HALF Investor Relations November 2017 www.voestalpine.com OVERVIEW BUSINESS MODEL» voestalpine is a leading technology and capital goods group with combined material
More informationLow & Bonar PLC. Low & Bonar PLC. Final Results for Year Ended 30 November Steve Good, Group CEO Kevin Higginson, Group FD.
Low & Bonar PLC Final Results for Year Ended 30 November 2009 Low & Bonar PLC Steve Good, Group CEO Kevin Higginson, Group FD February 2010 1 Key messages Resilient performance Strengthened financial position
More informationQuarterly ASX 300 Business Survey March 2013
Quarterly ASX 3 Business Survey March 13 ASX 3 show greater resilience than the broader economy in Q1, with conditions stable. Finance, Business & Property considerably stronger. Confidence rebounded but
More informationFull-Year / Fourth Quarter 2010 Results
Full-Year / Fourth Quarter 2010 Results 16 February 2011 Disclaimer This presentation contains certain statements that are neither reported financial results nor other historical information. This presentation
More informationAhlstrom. The global source for fiber-based materials CFO Jari Mäntylä
1 Ahlstrom The global source for fiber-based materials CFO Jari Mäntylä 2 Table of contents I Ahlstrom in brief II Vision and strategy III Business environment and drivers IV Achieving profitable growth
More informationPPG Industries, Inc. (PPG) Analyst: Dung Nguyen. Recommendation: HOLD Estimated Fair Value: $95 - $120 * 1. Reasons for the Recommendation
Recommendation: HOLD Estimated Fair Value: $95 - $120 * 1. Reasons for the Recommendation As the global economy starts to recover, it is estimated that the demand for diversified chemicals will be stronger.
More informationMEGACHEM ACHIEVED RECORD SALES OF S$108.7 MILLION FOR FY2013
MEGACHEM ACHIEVED RECORD SALES OF S$108.7 MILLION FOR FY2013 - Sales increased by 2.3% to S$108.7 million driven mainly by growth in revenues from America and ASEAN market segments. - Recorded net profit
More informationWELCOME 55 th ANNUAL GENERAL MEETING BLACKMORES LTD 26 OCTOBER 2017
WELCOME 55 th ANNUAL GENERAL MEETING BLACKMORES LTD 26 OCTOBER 2017 CHAIRMAN S WELCOME Stephen Chapman Chairman 2 Marcus Blackmore AM Executive Director 3 GUEST SPEAKERS Blackmores Asia 4 CEO S YEAR IN
More informationFirst Quarter 2019 Financial Results
First Quarter 2019 Financial Results Michael H. McGarry, Chairman and Chief Executive Officer Vincent J. Morales, Senior Vice President and Chief Financial Officer John Bruno, Director, Investor Relations
More informationFor personal use only
ASX Code: A2M NZX Code: ATM 17 February 2016 NZX/ASX Market Release Outstanding growth in infant formula drives record results for The a2 Milk Company Full year forecast revised upward Overview - financial
More informationINVESTOR PRESENTATION Q4 & 12M : FY
INVESTOR PRESENTATION Q4 & 12M : FY 2017-18 10 th May 2018 2 This presentation may contain statements which reflect Management s current views and estimates and could be construed as forward looking statements.
More informationIMCD reports 9% EBITA growth in 2017
Press release IMCD reports 9% EBITA growth in 2017 Rotterdam, The Netherlands (2 March 2018) - IMCD N.V. ( IMCD or Company ), a leading distributor of speciality chemicals and food ingredients, today announces
More informationCONTENT FINANCIAL HIGHLIGHTS BUSINESS OVERVIEW Highlights
FINANCIAL HIGHLIGHTS BUSINESS OVERVIEW CONTENT FINANCIAL HIGHLIGHTS 2013 Highlights Revenue Analysis Operating Income Analysis Cash Flows Currency Analysis Second half 2013 BUSINESS OVERVIEW 2 FINANCIAL
More informationDecember Planned acquisition by Arkema of Total s Photocure and Coating Resins
7 December 2010 Planned acquisition by Arkema of Total s Photocure and Coating Resins Planned acquisition by Arkema of Total s Photocure and Coating Resins Belonging to to Total specialty chemical activities
More informationIntertek Investor Presentation April 2013
Intertek Investor Presentation April 2013 aston.swift@intertek.com sarah.ogilvie@intertek.com +44 (0)20 7396 3400 1 Cautionary statement regarding forward-looking statements This presentation contains
More informationServcorp Limited Results Presentation
Servcorp Limited Results Presentation Wednesday 20 February 2013 A.G. Moufarrige, Chief Executive Officer Marcus Moufarrige, Chief Operating Officer Operational Highlights Revenue of $102,668,000 Statutory
More informationRe: SHLM. A. Schulman Investor Day. November 16, 2016 A. SCHULMAN INVESTOR DAY NOVEMBER 16,
Re: SHLM A. Schulman Investor Day November 16, 2016 A. SCHULMAN INVESTOR DAY NOVEMBER 16, 2016 1 Cautionary Note on Forward-Looking Statements A number of the matters discussed in this document that are
More informationValue across the cycle
Dr. Jürgen Hambrecht, CEO Dr. Kurt Bock, CFO February 21, 2008 Looking with confidence to 2008 Value across the cycle BASF posts new records Financial performance 2007 Sales up by 10% to 58 billion EBIT
More informationHTL INTERNATIONAL HOLDINGS LIMITED 2015 RESULTS BRIEFING
HTL INTERNATIONAL HOLDINGS LIMITED 2015 RESULTS BRIEFING Business Conditions Agenda Financial Highlights Outlook, Initiatives and Challenges Business Conditions Page 3 Business Conditions Macro Uncertain
More informationNuplex Industries. Should benefit from a weak Kiwi NZ$4.55 NEW ZEALAND. Event. Impact. Earnings and target price revision.
NEW ZEALAND NPX NZ Price (at 05:00, 31 Jul 2015 GMT) Outperform NZ$4.55 Valuation NZ$ 4.40 - DCF (WACC 12.5%, beta 1.4, ERP 7.0%, RFR 4.5%, TGR 2.0%) 12-month target NZ$ 4.75 12-month TSR % +10.6 Volatility
More informationNZX Investing in New Zealand conference and Asia roadshow October Heartland Bank Asia roadshow October 2018 Page 1
NZX Investing in New Zealand conference and Asia roadshow October 2018 Heartland Bank Asia roadshow October 2018 Page 1 About Heartland A New Zealand registered bank with operations in New Zealand and
More informationKerry Preliminary Results Presentation
Kerry - 2006 Preliminary Results Presentation Review of Business Hugh Friel Financial Review Brian Mehigan Business Growth Prospects Hugh Friel Q&A 2006 Performance Highlights Revenue growth of 4.9% to
More informationFinal Results 2001 / August 2002
Final Results 2001 / 2002 August 2002 Economic Background Global economic slowdown Continuing weak business confidence Corporate collapses and investor confidence crisis Discretionary expenditure on promotion
More informationFourth-Quarter Fiscal 2017 Earnings
Fourth-Quarter Fiscal 2017 Earnings November 6, 2017 / efficacy usability allure integrity profitability Forward-LookingStatements This presentation contains forward-looking statements within the meaning
More informationOrora Investor Briefing. November 2013
Orora Investor Briefing November 2013 Contents The demerger of Orora Limited About Orora Limited Strategic Direction of Orora Orora Leadership Board & Management Teams Summary Orora Ltd 2 The demerger
More informationFully diluted net income per share Dividend per share (Record date) End of 1Q End of 2Q End of 3Q Year-end Annual
Summary of Consolidated Financial Results For the First Half of the Fiscal Year Ending March 31, 2009 (Six Months Ended September 30, 2008) November 6, 2008 Company name: Nippon Shokubai Co., Ltd. Listing:
More informationEARNINGS TELECONFERENCE
EARNINGS TELECONFERENCE FOURTH QUARTER - FISCAL 2018 Q4 FISCAL 2018 1 FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements based on management s current expectations, estimates
More informationWE HAVE ONLY SEEN THE BEGINNING OF WHAT FIBER-BASED MATERIALS AND SOLUTIONS CAN BE USED FOR
WE HAVE ONLY SEEN THE BEGINNING OF WHAT FIBER-BASED MATERIALS AND SOLUTIONS CAN BE USED FOR JAN ÅSTRÖM, PRESIDENT AND CEO PPT HÖSTSEMINARIUM STOCKHOLM, NOVEMBER 28, 2017 We are one from April 1 st, 2017
More informationSGS GROUP RESULTS FIRST HALF Presentation to the Financial Community Geneva, 15 July 2009
SGS GROUP RESULTS FIRST HALF 2009 Presentation to the Financial Community Geneva, 15 July 2009 CONTENT FINANCIAL HIGHLIGHTS BUSINESS OVERVIEW FINANCIAL HIGHLIGHTS 2009 Highlights Revenue Analysis Operating
More informationInvestor Release. BASF confirms outlook for 2012 despite growing economic risks
Investor Release BASF confirms outlook for 2012 despite growing economic risks 2 nd quarter 2012: - Sales up 6% and EBIT before special items up 11% compared with previous year s quarter - Strong business
More informationFor personal use only. FY2017 H1 Results February 2017
For personal use only FY2017 H1 Results February 2017 The half year in review Broader automotive market supported by record new vehicle sales in Australia and New Zealand Strong Automotive earnings growth
More informationPPG Frank S. Sklarsky Executive Vice President and Chief Financial Officer
PPG Frank S. Sklarsky Executive Vice President and Chief Financial Officer Bank of America s 2016 Agriculture & Chemicals Conference Fort Lauderdale, FL Information current as of March 1, 2016 Forward
More informationPhillips Carbon Black Limited
Phillips Carbon Black Limited We Touch Lives Every Moment Investor Presentation October - 217 1 Part of a Dynamic Conglomerate. A Leader in the Industry Company Overview Largest in India and 7 th largest
More informationPPG Industries, Inc. Fourth 2016 Financial Results Earnings Brief January 19, 2017
PPG Industries, Inc. Fourth 2016 Financial Results Earnings Brief January 19, 2017 Fourth Quarter Financial Highlights PPG fourth quarter net sales from continuing operations of $3.5 billion were down
More informationNovelis Q4 and Fiscal Year 2016 Earnings Conference Call
Novelis Q4 and Fiscal Year 2016 Earnings Conference Call May 10, 2016 Steve Fisher President and Chief Executive Officer Steve Pohl Vice President and Interim Chief Financial Officer 1 Safe Harbor Statement
More informationWe create chemistry for a sustainable future
Dr. Hans-Ulrich Engel Chief Financial Officer CFO Roadshow Boston September 11, 2017 We create chemistry for a sustainable future Cautionary note regarding forward-looking statements This presentation
More informationAHLSTROM FINAL ACCOUNTS RELEASE
AHLSTROM FINAL ACCOUNTS RELEASE Ahlstrom-Munksjö Oyj: Ahlstrom FINANCIAL STATEMENTS RELEASE April 26, 2017 Ahlstrom Final Accounts Release Ahlstrom final accounts show a record high quarterly operating
More informationCytec Industries Inc. (NYSE : CYT)
Cytec Industries Inc. (NYSE : CYT) Morgan Stanley Basic Materials Conference Presented By Dave Drillock Vice President and Chief Financial Officer February 21, 2008 Forward Looking Statement and Non-GAAP
More informationMalcolm Jackman Elders Limited
Malcolm Jackman Elders Limited The New Elders Refocused Reorganised Recapitalised ASX Small & Mid Cap Conference 29 October 2009 Malcolm Jackman Chief Executive Officer Chief Executive Officer 2 The New
More informationPPG Fourth Quarter and Full Year 2017 Financial Results
PPG Fourth Quarter and Full Year 2017 Financial Results Michael H. McGarry, Chairman and Chief Executive Officer Vincent J. Morales, Senior Vice President and Chief Financial Officer John Bruno, Director,
More information4th Athens Triennial Meeting Programme Panel Discussion on Shipping Finance Capital Markets Private Equity
Panel Discussion on Shipping Finance Capital Markets Private Equity 1 Shipping Equities Within The Broader US Market Bloomberg Equity Universe (All Exchanges vs. US) World- Market Cap ($) US Listed - Market
More informationPPG Industries, Inc. Fourth 2017 Financial Results Earnings Brief January 18, 2018
PPG Industries, Inc. Fourth 2017 Financial Results Earnings Brief January 18, 2018 Fourth Quarter Financial Highlights PPG fourth quarter net sales from continuing operations were approximately $3.7 billion,
More informationCover-More Group. UBS Australasia Conference. November 2015
Cover-More Group UBS Australasia Conference November 2015 Executive summary: FY15 overview Cover-More delivered another year of double digit earnings growth, with offshore business growing substantially.
More informationMedia Update Q results. Ton Büchner July 23, 2014
Media Update Q2 2014 results Ton Büchner July 23, 2014 Agenda 1. Q2 2014 Operational and financial review 2. Visible results in Q2 3. Conclusion 4. Questions 2 Q2 2014 Operational and financial review
More informationDoug Rowe CMA Corporation Limited
Doug Rowe CMA Corporation Limited An emerging force in responsible recycling ASX Small to Mid Caps Conference New York, 26 February 2009 Doug Rowe MANAGING DIRECTOR Disclaimer This presentation for CMA
More informationHexion Inc. Third Quarter 2017 Results. November 14, 2017
Hexion Inc. Third Quarter 2017 Results November 14, 2017 Forward-Looking Statements Hexion Inc. Certain statements in this presentation are forward-looking statements within the meaning of and made pursuant
More informationInvestment report. Products issued by AMP Superannuation Limited January Standard Risk Measure. Notes. Contents. About the Standard Risk Measure
report Products issued by AMP Superannuation Limited January 17 SignatureSuper SignatureSuper Select SignatureSuper Allocated Pension CustomSuper SuperLeader Flexible Lifetime Super AMP Flexible Super
More informationClariant with good start into 2015, delivering on growth and cash flow
Media Release FIRST QUARTER 2015 Page 1 of 9 Clariant with good start into 2015, delivering on growth and cash flow First quarter 2015 sales from continuing operations increased 4 % in local currencies.
More informationInvestor Update: KeyBanc Basic Materials Conference. September 2016
Investor Update: KeyBanc Basic Materials Conference September 2016 Safe Harbor Cautionary Note on Forward-Looking Statements Certain statements in this presentation may constitute forward-looking statements
More informationINDEPTH RESEARCH NOTE REA Group Ltd Neutral
1 INDEPTH RESEARCH NOTE REA Group Ltd Neutral Price: A$72.97 Price Target: A$74.80 ASX: REA 12 February 2018 REA s first half FY18 (1H18) result was underpinned by strong growth in the Australian business
More informationFor personal use only
The Manager Company Announcements Office Australian Stock Exchange Exchange Centre 20 Bridge Street SYDNEY NSW 2000 5 May 2016 ELECTRONIC LODGEMENT Dear Sir or Madam, RE: CHAIRMAN AND CEO'S ADDRESS 2016
More informationBASF Analyst Conference Call FY 2015
BASF Analyst Conference Call FY 2015 February 26, 2016, 13:00 (CET) Ludwigshafen, Germany Analyst Conference Call Script (Long-Version) Kurt Bock, CEO Hans-Ulrich Engel, CFO The spoken word applies. Page
More informationPhillips Carbon Black Limited
Phillips Carbon Black Limited We Touch Lives Every Moment Investor Presentation February- 218 1 Part of a Dynamic Conglomerate. Carbon Black Industry Global Overview What is Carbon Black? Global CB demand
More informationDuluxGroup Demerger Information Pack. Not for distribution or release in the United States or to U.S. Persons 1
DuluxGroup Demerger Information Pack Not for distribution or release in the United States or to U.S. Persons 1 Demerger overview Demerger of DuluxGroup into a separate ASX-listed company is a natural evolution
More informationMarket volatility to continue
How much more? Renewed speculation that financial institutions may report increased US subprime-related losses has sent equity markets tumbling. How much more bad news can investors expect going forward?
More informationWe create chemistry for a sustainable future
Dr. Stefanie Wettberg Senior Vice President Investor Relations Investor Visit Ludwigshafen June 27, 2017 We create chemistry for a sustainable future Cautionary note regarding forward-looking statements
More information