Unaudited results for the 6 months ended 30 September H Investor Booklet November 2016
|
|
- Wilfrid Reynolds
- 6 years ago
- Views:
Transcription
1 H Investor Booklet November 2016
2 Agenda Overview of Results Financial Review Outlook 2
3 Overview In the F2016 results presentation (14 July 2016) we said: Dawn board had approved a plan to stop losses In the medium term we were aiming for operating profit margins of 5% in Trading & 12% in Manufacturing Working capital reductions a priority In a market update on 31 August 2016 we said: Sales were still on a downward trend; marked declines in June & July 2016 Curtailed access to currency in the Group s rest of Africa operations impacted sales Supplementary actions were to be taken to adjust the business to the new sales reality Once-off restructuring costs associated with these further actions would be accounted for in the results for H1 F2017 Segmental Review 3
4 Overview What happened at Dawn in H1 2017? Management changes Revenue Downsizing for new sales reality Segmental Review Group CEO, CFO & M&A executive left (3 of 4 executive directors) New CEO from 1 June; new CFO from 1 November Sales fell precipitously in June & July & stayed down Working capital Strong improvement Inventory by R78m Overdue debtors by R25m WHS national stocking points from 8 to 4 (3 of remaining 4 will be reduced in size in due course) Incledon no. of branches from 17 to 10; appointed regionally-based independent businesses as Incledon agents Sangio KZN plant closed & profitable HDPE lines consolidated into DPI factory. Western Cape DPI factory in size. Pipex Botswana closed DAT & DPI International have closed operations in Angola, DRC, Mozambique & Tanzania; downscaled presence in Zimbabwe 4
5 Overview The costs of implementing this: WHS: closing 4 stocking points, onerous leases, retrenchments, stock & debtor impairments 87 Incledon: restructure, onerous leases, retrenchments, closing 7 branches, stock & debtor impairments 43 Sangio: closure, retrenchments, stock & debtor impairments, DPI CT part closure, retrenchments, stock & debtor impairments 32 DAT & DPI International: withdrawal from Africa, onerous leases, retrenchments, stock & debtor impairments 64 Heunis Steel, Hamiltons, Boutique Baths: impairments of investments 28 GDW: roof repairs & general Less tax (31) Total 255 Segmental Review Rm 5
6 Overview So where are we now? 3 large wholly owned businesses: WHS - A low margin, high fixed cost business with good market position Incledon DPI - Strain on consumer due to economy - Negotiating power with suppliers & customers has been eroded & is now being strengthened - Low margin, high fixed cost business which lost market share in last 2 years - Still a strong brand - Government spending & skills drain - Has a good market position 3 large partly owned businesses: GDW - (49%) has stabilised with strong intervention from Lixil Japan Swan Plastics - (51%) a good profit earner Heunis Plastics - (49%) a good profit earner A few smaller businesses: DAT/DPI International Kitchen, Hamiltons & Ubuntu - Restructured & combined - Contributing Conclusion: Bleeding has stopped 6
7 Overview Business Model: To be the Master Distributor in targeted industry sectors Market characteristics: Disposable income & population distribution is wide Thus high cost of distribution to reach customers Competitive advantages: Dawn has 100% coverage of South African market - routine deliveries to all customers ( milk-run principle) including rest of Africa Break-bulk and JIT service - traditional carriers not geared for break bulk storage & distribution Barrier to entry already established 7
8 Overview Route to market LOCAL SUPPLIERS (summary only) MANUFACTURING through DAWN model to market DIRECT to market ~50% DIRECT ~50% TRADING CHANNELS: 1) INDEPENDENTS 2) BUYING GROUPS 3) CORPORATES 4) END USERS OWN IMPORTS 5) Various OEM s 8
9 Overview Unaudited Unaudited sults for results the six for months the 6 months ended ended September Building Segment (Rm) H1 F2017 % ch H1 F2016 Revenue % PBIT (173.6) -703% 28.8 Core PBIT* (16.0) -156% 28.8 Core PBIT %* -1.3% 1.1% * Core numbers exclude R157.6m restructuring costs, impairments & write-downs in 6 months to Sept 2016 Infrastructure Segment (Rm) H1 F2017 % ch H1 F2016 Revenue % PBIT (109.5) -289% 57.9 Core PBIT* (29.9) -152% 57.9 Core PBIT %* -2.6% 4.3% *Core numbers exclude R79.6m restructuring costs, impairments and write-downs in 6 months to Sept
10 Overview Unaudited Unaudited sults for results the six for months the 6 months ended ended September Solutions Segment (Rm) H1 F2017 % ch H1 F2016 Revenue % PBIT (10.4) -267% 6.2 Core PBIT* % 6.2 Core PBIT %* 2.3% 2.2% * Core numbers exclude R17.3m restructuring costs, impairments and write-downs in 6 months to Sept 2016 Head Office & consolidation (Rm) H1 F2017 % ch H1 F2016 PBIT (44.7) >100% (2.1) Core PBIT* (13.1) 374% (2.8) * Core numbers exclude R31.6m restructuring costs, impairments and write-downs in 6 months to Sept
11 Overview Summarised income statement (Rm) H1 F2017 % ch H1 F2016 Unaudited Unaudited sults for results the six for months the 6 months ended ended September Revenue % PBIT (338.1) -475% 90.2 Core PBIT* (52.1) -157% 90.9 Core PBIT%* -2.2% 3.4% * Core numbers exclude R286 million restructuring costs, impairments and write-downs in 6 months to Sept
12 Financials 12
13 Financials Income statement analysis - Restatement Rm H1 F2016 Restatement H1 F2016 Reported change Restated^ Revenue PBIT 93.2 (3.0) 90.2 PBIT % 3.5% 3.4% Net finance cost 15.7 (17.0) 32.7 Income from associates & joint ventures Tax expense Effective tax rate 28.6% 37.1% Minority interests Attributable earnings 71.6 (19.2) 52.4 EPS (7.9) HEPS (7.9) ^ Restatements due to reportable irregularities identified after F2016 year end (operating lease smoothing, deferred profit & SWAN written PUT) 13
14 Financials Income statement analysis Rm H1 F2017 Change H1 F2016^ Revenue % Core PBIT* (52.1) -157% 90.9 Core PBIT %* -2.2% 3.4% Core operating expenses increased by 2% Core expenses to revenue up from 21,5% to 22,8% due to greater reduction in sales * Core numbers exclude R286 million restructuring costs, impairments & write-downs in 6 months to Sept 2016 ^ Restated due to reportable irregularities identified after F2016 year end (operating lease smoothing, deferred profit & SWAN written PUT) 14
15 Financials Income statement analysis Rm H1 F2017 Change H1 F2016^ Revenue % Core PBIT* (52.1) 90.9 Core PBIT %* -2.2% 3.4% Net finance cost Income from associates & joint ventures (19.7) 24.2 Tax expense # (20.2) 21.3 Effective tax rate 5.5% 37.1% Minority interests Attributable earnings - Core (114.0) -318% 52.4 Attributable earnings (369.1) -804% 52.4 EPS * (cps) (155.88) -820% HEPS * (cps) (136.73) -724% Core HEPS * (cps) (48.17) -319% * Core numbers exclude R286 million restructuring costs, impairments & write-downs in 6 months to Sept 2016 # Tax impact due to losses not raised & expenses not deductible ^ Restated due to reportable irregularities identified after F2016 year end (operating lease smoothing, deferred profit & SWAN written PUT) 15
16 Financials Restructuring, impairments & write-downs H1 F2017 impact H1 F2017 (Rm) cps ATTRIBUTABLE LOSS Net impairments & other HEPS add-backs - controlled entities Net impairments & other HEPS add-backs - Associates & Joint Ventures HEADLINE LOSS Further write-down undertaken (not qualifying for HEPS add-back - controlled entities CORE HEADLINE LOSS
17 Income statement analysis Financials Income Statement analysis Rm H1 F2017 Core Impairments & Write-downs H1 F2017 Reported Revenue PBIT (52.1) (338.1) PBIT % (2,2%) - (14,1%) Net finance cost (29.2) - (29.2) Income from associates & joint ventures (19.7) - (19.7) Tax expense (10.8) (31.0) 20.2 Effective tax rate % (13,3%) - 5,5% Minority interests (2.3) - (2.3) Attributable earnings (114.0) (369.0) EPS (cps) (48.2) (155.9) HEPS (cps) - - (136.7) 17
18 Cash flow Financials Cash flow (Rm) H1 F2017 H1 F2016 Opening cash balance Cash generated from ops* (19.7) Working capital changes Net finance charges (23.5) (17.2) Tax Paid (9.5) (9.8) Investing activities (13.7) (64.7) Net financing activities & other (55.4) (131.1) Closing cash balance 50.4 (47.7) *EBITDA loss R20m 18
19 Closing working capital analysis Financials 25% 15% 5% -5% Working capital analysis % 12% 14*% 15% % 17% 16% 16% % Dec 12 Jun 13 Dec 13 Jun 14 Dec 14 Mar 15 Sep 15 Mar 16 Sep 16 Sep 16 Mar 16 Sep 15 Mar 15 Rbn Comment on working capital days Net W.C Strong improvement Debtors Reduction in overdues - Revenue (rolling 12 months) - RHS Working capital ratio - LHS Targeted mean of 15% - LHS Stock R78m reduction in 6 months Creditors Creditor funding increased; objective is for stock & creditor days to contra. 19
20 Financials Capital Expenditure Segment (Rm) Actual H1 F2017 Actual H1 F2016 Building Infrastructure* Solutions^ Total * Replacement capex in manufacturing ^ New ERP system of R11m in H1 F
21 Gearing Financials Gearing Rm Net interest-bearing debt (LHS) Net gearing % (RHS) % 13.0% 10.3% 21.9% Dec 13 Jun 13 Dec 12 Jun % Jun % 7.7% 4.4% Sep 15 Mar 15 Dec % 44.1% Sep 16 Mar % 80% 60% 40% 20% 0% GEARING Bank facilities currently being re-negotiated 21
22 Outlook Segmental Review 22
23 Outlook F2017 Difficult economic conditions Group restructured to current revenue levels December/January are loss making Plan to extract further cash from working capital Bank facilities to be geared to working capital requirements Reduce staff turnover and improve morale Further steps to be taken to improve operational performance MEDIUM TERM Improve operating profit margins in Trading and Manufacturing Eliminate remaining duplicated activities, products; introduce exclusive brands Continue to challenge central services costs Investments in non-core businesses and joint venture arrangements to be reviewed. Sales proceeds to be used to repay funding required for working capital Segmental Review 23
24 Disclaimer Certain statements in this presentation may be defined as forward looking statements within the meaning of the United States Securities legislation. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements may be identified by words such as expect, believe, anticipate, plan, estimate, intend, project, target, predict, outlook and words of similar meaning. Forward looking statements are not statements of fact but statements by the management of Dawn Limited based on its current estimates, projections, beliefs, assumptions and expectations regarding the group s future performance. No assurance can be given that forward-looking statements will prove to be correct and undue reliance should not be placed on such statements. The risks and uncertainties inherent in the forward-looking statements contained in this presentation include, but are not limited to: domestic and international business and market conditions; changes in the domestic or international regulatory and legislative environment in the countries in which the Group operates or intends to operate; changes to domestic and international operational, economic, political and social risks; changes to IFRS and the interpretations, applications and practices subject thereto as they apply to past, present and future periods; and the effects of both current and future litigation. The company undertakes no obligation to update publically or release any revisions to these forward-looking statements contained in this presentation and does not assume responsibility for any loss or damage whatsoever and howsoever arising as a result of the reliance of any party thereon, including, but not limited to, loss of earnings, profits, or consequential loss or damage. Segmental Review 24
25 For more information please contact: Stephen Connelly Chief Executive Officer Telephone: David Austin Chief Financial Officer Telephone: Segmental Review 25
UNAUDITED INTERIM RESULTS. for the six months ended 30 September 2016
UNAUDITED INTERIM RESULTS for the six months (Incorporated in the Republic of South Africa) (Registration number 1984/008265/06) ( DAWN or the group or the company ) Alpha code: DAW ISIN: ZAE000018834
More informationINTERIM RESULTS FOR THE SIX MONTHS ENDED 28 FEBRUARY 2015
INTERIM RESULTS FOR THE SIX MONTHS ENDED 28 FEBRUARY 2015 PRESENTATION OUTLINE Review of the period Financial results Trading performance Outlook Questions CLICKS GROUP INTERIM RESULTS 2015 2 REVIEW OF
More informationDistribution & Warehousing Network AUDITED SUMMARY CONSOLIDATED FINANCIAL RESULTS
D A W N Distribution & Warehousing Network AUDITED SUMMARY CONSOLIDATED FINANCIAL RESULTS D A W N Distribution & Warehousing Network (Incorporated in the Republic of South Africa) (Registration number
More informationInterim Results. Six months ended 31 August 2016
Interim Results Six months ended 31 August 2016 Stefanutti Stocks City A multi-disciplinary construction group (Vision) (Mission) 2 www.stefanuttistocks.com y 2 Agenda Six month overview Operational Overview
More informationPRESENTATION OUTLINE. Review of the period Financial results Trading performance Outlook Questions
PRESENTATION OUTLINE Review of the period Financial results Trading performance Outlook Questions 2 REVIEW OF THE PERIOD DAVID KNEALE REVIEW OF THE PERIOD Strong health & beauty sales performance Increased
More information2010 Annual Results. November 2010
2010 Annual Results November 2010 1 Agenda Highlights Group results Operational review Strategic Update 2 Highlights Operating profit up 126% Trading margin improved from 5.8% to 8.3% Sale/closure of under-performers
More informationANNUAL RESULTS FOR THE YEAR ENDED 31 AUGUST 2017
ANNUAL RESULTS FOR THE YEAR ENDED 31 AUGUST 2017 PRESENTATION OUTLINE Review of the year Financial results Trading performance Outlook Questions 2 REVIEW OF THE YEAR DAVID KNEALE REVIEW OF THE YEAR Strong
More informationDistribution & Warehousing Network UNAUDITED INTERIM RESULTS
D A W N Distribution & Warehousing Network UNAUDITED INTERIM RESULTS for the six months D A W N Distribution & Warehousing Network (Incorporated in the Republic of South Africa) (Registration number 1984/008265/06)
More informationPeriod overview Operational Overview Financial Results Conclusion
Interim Results Six months ended 31 ust 2015 Bridging y expectations Agenda Period overview Operational Overview Financial Results Conclusion Bridging y expectations 2 1 Six month overview Satisfactory
More information12 month overview. Operational Overview. Financial Results. Conclusion
Annual Results 12 months ended 29 ruary 2016 Agenda 12 month overview Operational Overview Financial Results Conclusion 2 1 12 month overview Reasonable financial performance in current market All Business
More information2011 Annual Results. November 2011
2011 Annual Results November 2011 1 Agenda Highlights Group results Operational review Strategic review 2 Highlights HEPS from continuing operations up 21% Dividend increased by 30% to 108 cents per share
More informationAUDITED SUMMARY CONSOLIDATED FINANCIAL RESULTS for the year ended 31 March 2018
DISTRIBUTION AND WAREHOUSING NETWORK LIMITED (Incorporated in the Republic of South Africa) (Registration number 1984/008265/06) ( DAWN or the group or the company ) Alpha code: DAW ISIN: ZAE000018834
More informationTRELLIDOR HOLDINGS LIMITED AUDITED RESULTS FOR THE YEAR ENDED 30 JUNE 2016
TRELLIDOR HOLDINGS LIMITED AUDITED RESULTS FOR THE YEAR ENDED 30 JUNE 2016 OVERVIEW Trellidor is the market leading manufacturer of custom made barrier security products Distribution through dedicated
More informationInterim Results March Paul Stuiver - CEO
Interim Results March 2012 Paul Stuiver - CEO 1 Agenda Context Financial Overview Divisional Overview Outlook Questions 2 Context For the six months from October 2011 to March 2012 The positive trend in
More informationDistribution & Warehousing Network
D A W N Distribution & Warehousing Network INTEGRATED REPORT TABLE OF CONTENTS DAWN S PROFILE INTEGRATED REPORTING APPROACH 2 About this report 4 Integrated value creation process GROUP AT A GLANCE 5 Group
More informationRMB MORGAN STANLEY BIG FIVE CONFERENCE
1 RMB MORGAN STANLEY BIG FIVE CONFERENCE 26 27 SEPTEMBER 2017 Further supplementary information can be found in our PPC investor day presentation on our website: www.ppc.co.za KEY MESSAGES 2 Quality Leadership
More informationDistribution & Warehousing Network AUDITED SUMMARY CONSOLIDATED FINANCIAL RESULTS
D A W N Distribution & Warehousing Network AUDITED SUMMARY CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 31 MARCH 2018 D A W N Distribution & Warehousing Network (Incorporated in the Republic of South
More informationAgenda. Salient features. Group financial results. Operational review. The way forward
2009 Group Results Agenda Salient features Group financial results Operational review The way forward 2 Salient Features Turnover up 6% Volumes down 6% Trading income down 27% Cash from operations R2.2bn
More informationTRELLIDOR HOLDINGS LIMITED UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2017
TRELLIDOR HOLDINGS LIMITED UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2017 GROUP HIGHLIGHTS 5% Revenue 5% PAT 5% HEPS 35.2c 5% Interim dividend declared 11.0 cents per share Slide 2
More informationGroup Results Presentation for the six months ended 31 March 2016
Group Results Presentation for the six months ended 31 March 2016 Index Overview Financial performance Operational performance Outlook 2 Overview Noel Doyle Chief Operating Officer Disclaimer Forward-looking
More informationUnaudited results. for the six months ended 30 November ISIN: ZAE Share code: ARH. ARB Holdings Limited
www.arbhold.co.za ARB Holdings Limited Registration number: 1986/002975/06 Share code: ARH ISIN: ZAE000109435 ( ARB or the Company or the Group ) for the six months ended 30 November 2016 Unaudited results
More informationINTERIM RESULTS FOR THE SIX MONTH PERIOD ENDED 31 DECEMBER DECEMBER 2018
INTERIM RESULTS RESULTS INTERIM FOR THE RESULTS YEAR ENDED FOR THE 30 PERIOD JUN 2017 ENDED FOR THE SIX MONTH PERIOD ENDED 31 DECEMBER 2017 31 DECEMBER 2018 GOVERNANCE UPDATE GOVERNANCE UPDATE Executive
More informationOVERVIEW. Comparable HEPS up 4.5% Restaurant sales up 10.4% Comparable profit before tax up 5.0% Interim dividend per share up 6.
OVERVIEW Restaurant sales up 10.4% (from continuing operations) Comparable HEPS up 4.5% (from continuing operations) Comparable profit before tax up 5.0% (from continuing operations) Interim dividend per
More informationAnnual Results November 2015
Annual Results 2015 November 2015 Forward looking statements We may make statements that are not historical facts and relate to analyses and other information based on forecasts of future results and estimates
More informationAnnual Results. 12 months ended 28 February Agenda
Annual Results 28 ruary 2015 Bridging y expectations Agenda 2015 2014 2 1 12 month overview Phase 1 of turnaround strategy successfully implemented Closed-out problem contracts Closed non-performing Power
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 informationCONTENTS TO THE ANNUAL FINANCIAL STATEMENTS
CONTENTS TO THE ANNUAL FINANCIAL STATEMENTS PAGE Certification by company secretary 1 Statement of responsibility and approval by the board of directors 2 Report of the audit committee 3 Directors report
More informationINTERIM RESULTS PRESENTATION FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2017
INTERIM RESULTS PRESENTATION FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2017 DISCLAIMER Certain statements in this document may constitute forward looking statements. Such forward looking statements reflect
More information2017 Full Year Results
A GLOBAL LEADER IN METAL FLOW ENGINEERING 2017 Full Year Results 1 March 2018 Patrick André Chief Executive 1 Disclaimer This presentation, which has been prepared by Vesuvius plc (the Company ), includes
More informationNampak 2013 Annual Results
Nampak 2013 Annual Results November 2013 Summary of Results HEPS up 8% EPS up 13% Operating profit up 8% Africa trading profit up 60% Improvement in working capital management ROE 22% Dividend up 8% to
More informationNampak 2013 Interim Results
Nampak 2013 Interim Results May 2013 1 Agenda Salient features Group results Operational review Strategic update Outlook 2 Salient Features Revenue up 7%, Africa up 19% Trading profit up 6% Profits from
More informationBarloworld Limited. Reviewed interim results to 31 March May 15, 2006
Barloworld Limited Reviewed interim results to 31 March 2006 May 15, 2006 BARLOWORLD IS A DIVERSIFIED INDUSTRIAL COMPANY Over 26 000 people in 31 countries Barloworld s way of doing business - market-leading
More informationFINANCIAL RESULTS PRESENTATION
FINANCIAL RESULTS PRESENTATION FOR THE YEAR ENDED 31 DECEMBER 2017 27 AND 28 FEBRUARY 2018 01 02 03 04 05 06 PERFORMANCE SUMMARY BUSINESS ENVIRONMENT RESULTS ANALYSED SEGMENTAL PERFORMANCE ACQUISITIONS
More informationContinuing to transform our business
Continuing to transform our business Update on EVO transaction 18 September 2018 Legal disclaimer IMPORTANT: Please read the following before continuing. No offer or solicitation This presentation is provided
More informationPreliminary Results. Year ended 31 March Presentation 5 June 2008
Preliminary Results Year ended 31 March 2008 Presentation 5 June 2008 0 Disclaimers For the purposes of the following disclaimers, references to this "document" shall be deemed to include references to
More informationH1 16 interim results. 22 September 2015
H1 16 interim results 22 September 2015 Important notice 2 This presentation may include certain forward-looking statements, beliefs or opinions, including statements with respect to the Company s business,
More informationHalf Year Results to 31 July 2018 Announced 6 September 2018
Sigma Healthcare Limited Half Year Results to 31 July 2018 Announced 6 September 2018 ASX Ticker: SIG Important Notice The material provided is a presentation of general information about Sigma s activities,
More informationTomTom Q results. Harold Goddijn CEO Marina Wyatt CFO 22 July 2011
TomTom Q2 2011 results Harold Goddijn CEO Marina Wyatt CFO 22 July 2011 Q2 summary Challenging trading conditions in Consumer Automotive, Licensing and Business Solutions on track Non-cash impairment charge
More informationResults for the quarter ended 30 September Niël Pretorius, CEO Craig Barnes, CFO 27 October 2011
Results for the quarter ended 30 September 2011 Niël Pretorius, CEO Craig Barnes, CFO 27 October 2011 DRDGOLD: disclaimer Many factors could cause the actual results, performance or achievements to be
More informationMYERS INDUSTRIES, INC. Gabelli 41 st Annual Automotive Aftermarket Symposium October 31, 2017
MYERS INDUSTRIES, INC. Gabelli 41 st Annual Automotive Aftermarket Symposium October 31, 2017 FORWARD LOOKING STATEMENTS Statements in this presentation concerning the Company s goals, strategies, and
More informationMYERS INDUSTRIES, INC. MARCH 9, 2017 FOURTH QUARTER & FULL YEAR EARNINGS PRESENTATION
MYERS INDUSTRIES, INC. MARCH 9, 2017 FOURTH QUARTER & FULL YEAR EARNINGS PRESENTATION SAFE HARBOR STATEMENT Statements in this presentation concerning the Company s goals, strategies, and expectations
More informationDATATEC GROUP UNAUDITED INTERIM RESULTS FOR THE 6 MONTHS ENDED 31 AUGUST 2016
Technology Distribution Integration & Managed Services Consulting & Research UNAUDITED INTERIM RESULTS FOR THE 6 MONTHS ENDED 31 AUGUST 2016 AGENDA Results summary, market conditions & operational strategy
More informationInterim Results Presentation. For the six months ended 31 December 2018
Interim Results Presentation For the six months ended 31 December 2018 1 STEEL & TUBE IS One of New Zealand s leading providers of steel solutions, and a proud New Zealand company, with over 65 years of
More informationNampak 2012 Annual Results
Nampak 2012 Annual Results November 2012 1 Highlights cents 250 Headline Earnings per Share continuing operations 200 150 142.3 172.4 200.8 100 73.9 50 0 2009 2010 2011 2012 2 Highlights Rm 1,800 1,600
More informationPRELIMINARY RESULTS PRESENTATION YEAR ENDED 31 DECEMBER 2017
PRELIMINARY RESULTS PRESENTATION YEAR ENDED 31 DECEMBER 2017 DISCLAIMER The information contained in this presentation has not been independently verified and this presentation contains various forward-looking
More informationANALYST PRESENTATION FOR THE YEAR ENDED 31 MARCH 2012
ANALYST PRESENTATION FOR THE YEAR ENDED 31 MARCH 2012 1 TFG ANALYST PRESENTATION MARCH 2012 AGENDA Overview of the economy and retail environment Review of the year Financial review Divisional review Financial
More informationAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2016
AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2016 AGENDA 2 1 Opening remarks / market update 2 Financial results 3 Operational review 4 Strategy update 5 Outlook 1 2 3 4 5 OPENING REMARKS / MARKET UPDATE
More informationKION GROUP AG Q Update Call. Gordon Riske (CEO), Anke Groth (CFO) Frankfurt, 26 July 2018
KION GROUP AG Q2 Update Call Gordon Riske (CEO), Anke Groth (CFO) Frankfurt, 26 July Agenda 1. Highlights 2. Market Update 3. Financial Update 4. Outlook 2 KION GROUP AG Q2 Update Call 26 July Q2 Strategic
More informationKION UPDATE CALL Q Gordon Riske, CEO Thomas Toepfer, CFO Wiesbaden, 7 May 2015
KION UPDATE CALL 2015 Gordon Riske, CEO Thomas Toepfer, CFO Wiesbaden, 7 May 2015 AGENDA 1 Highlights Gordon Riske 2 Market update Gordon Riske 3 Financial update Thomas Toepfer 4 Outlook Gordon Riske
More informationQ RESULTS. Harold Goddijn CEO Taco Titulaer CFO 16 OCTOBER 2018
Q3 2018 RESULTS Harold Goddijn CEO Taco Titulaer CFO 16 OCTOBER 2018 Operational highlights Groupe PSA selected TomTom s maps, navigation and live services for its next generation infotainment BMW Group
More informationHALF YEAR RESULTS 19 FEBRUARY 2016
HALF YEAR RESULTS 19 FEBRUARY 2016 Overview Market conditions remain challenging - operating environment likely to remain subdued over the near term due to ongoing pressure on commodity prices Continued
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 informationFull Year Results to 31 January 2018 Announced 22 March 2018
Sigma Healthcare Limited Full Year Results to 31 January 2018 Announced 22 March 2018 ASX Ticker: SIG Important Notice The material provided is a presentation of general information about Sigma s activities
More informationMYERS INDUSTRIES, INC. Investor Presentation September 2017
MYERS INDUSTRIES, INC. Investor Presentation September 2017 FORWARD LOOKING STATEMENTS Statements in this presentation concerning the Company s goals, strategies, and expectations for business and financial
More informationINTERIM RESULTS PRESENTATION
INTERIM RESULTS PRESENTATION for the six months ended 31 March 2016 Agenda Strategic Update Financial Performance Divisional Performance Outlook and Imperatives 1 Strategic Update Phil Roux CEO 2 Environmental
More informationNetcare Limited UNAUDITED GROUP RESULTS FOR THE SIX MONTHS ENDED 31 MARCH 2012
Netcare Limited UNAUDITED GROUP RESULTS FOR THE SIX MONTHS ENDED 31 MARCH 2012 1 RICHARD FRIEDLAND GROUP CEO Group overview South Africa United Kingdom KEITH GIBSON GROUP CFO Financial review Guidance
More informationAgenda. Full year overview. Strategy update. Group financial performance. Business unit update. Market outlook
FY12 Results Agenda Full year overview Strategy update Group financial performance Business unit update Market outlook Full Year Overview Graham Twartz Headlines Full year profit attributable to owners
More informationPretoria Portland Cement Company Limited Beyond 2010 Unaudited interim results
Pretoria Portland Cement Company Limited Beyond 2010 Unaudited interim results for the half-year ended 31 March 2009 1 2009 A TALE OF 2 HALVES 1 ST HALF 2009 Group financial overview Cement Market Production
More informationInterim Results 2018
Interim Results 2018 Forward looking statements We may make statements that are not historical facts and relate to analyses and other information based on forecasts of future results and estimates of amounts
More informationAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2015
AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2015 AGENDA 2 1 Opening remarks / market update Richard 2 Financial results David 3 Operational review Richard 4 Strategy update Richard 5 Outlook Richard
More informationINTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 30 SEPTEMBER NOVEMBER 2018
INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 30 SEPTEMBER 2018 13 NOVEMBER 2018 Disclaimer The information contained in this presentation has not been subject to any independent audit or review and may
More informationRESULTS PRESENTATION FOR THE 52 WEEKS ENDED 25 FEBRUARY 2018
RESULTS PRESENTATION FOR THE 52 WEEKS ENDED 25 FEBRUARY 2018 1 Chairman s introduction Gareth Ackerman Chairman 2 3 Results overview Bakar Jakoet Chief Finance Officer Progress on our plan Richard Brasher
More informationUNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE SIX MONTH PERIOD ENDED 30 SEPTEMBER 2016
BSI Steel Limited (Incorporated in the Republic of South Africa) (Registration number 2001/023164/06) (JSE code: BSS ISIN: ZAE000125134) ("BSI" or "the Company" or "the Group") Salient features - Increase
More informationAnnual Results November 2016
Annual Results 2016 November 2016 Forward looking statements We may make statements that are not historical facts and relate to analyses and other information based on forecasts of future results and estimates
More informationINTERIM RESULTS PRESENTATION SIX MONTHS TO 30 JUNE 2018
INTERIM RESULTS PRESENTATION SIX MONTHS TO 30 JUNE 2018 DISCLAIMER The information contained in this presentation has not been independently verified and this presentation contains various forward-looking
More informationNORTHGATE PLC INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 OCTOBER 2011
6 December 2011 NORTHGATE PLC INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 OCTOBER 2011 Northgate plc ( Northgate, the Company or the Group ), the UK and Spain s leading specialist in light commercial vehicle
More informationSABMiller plc. Full year results Twelve months ended 31 March Graham Mackay, Chief Executive Jamie Wilson, Chief Financial Officer.
SABMiller plc Full year results Twelve months ended 31 March 2012 Graham Mackay, Chief Executive Jamie Wilson, Chief Financial Officer 24 May 2012 Forward looking statements This presentation includes
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 informationMpact Limited Annual Results. 31 December 2013
Mpact Limited Annual Results 31 December 2013 2013 in context and financial highlights Operating review Financial review Strategy and outlook Appendices 2 2013 in context Muted GDP and consumer spending
More informationQ RESULTS. 19 July 2017 HAROLD GODDIJN CEO TACO TITULAER CFO
Q2 2017 RESULTS 19 July 2017 HAROLD GODDIJN CEO TACO TITULAER CFO Our strategy is to build on our leading position in navigation technologies and to provide location content, software, and services to
More informationQ3 17 Results November 2017
Q3 17 Results November 2017 Key highlights Q3 17 Sales volumes: 5.8 million m 3 Gross profit: US$ 406 million EBITDA: US$ 180 million Operating cash flow: US$ 249 million Investment in infrastructure:
More informationWBHO AUDITED RESULTS 2013 AUDITED RESULTS
2013 AUDITED RESULTS CONTENTS 2 CONTENTS SUBJECT PRESENTER 1. Welcome Louwtjie Nel 2. Operating context and financial highlights Louwtjie Nel 3. Operational review Roads and earthworks Building and civil
More informationTiger Brands Limited. Group Results Presentation. for the year ended 30 September 2015
Tiger Brands Limited Group Results Presentation for the year ended 30 September 2015 2 Index Strategic review 3 Strategic review Peter Matlare Chief Executive Officer 4 Key strategic deliverables 1 Improve
More informationBELL EQUIPMENT LTD RESULTS FOR THE 12 MONTHS ENDED 31 DECEMBER 2017 AND BUSINESS REVIEW
BELL EQUIPMENT LTD RESULTS FOR THE 12 MONTHS ENDED 31 DECEMBER 2017 AND BUSINESS REVIEW Financial Highlights for 2017 Revenue up 13% to R6,8 billion NPAT up from R39 million to R272 million HEPS per share
More informationINTERIM RESULTS PRESENTATION Strong start to the year, with a strong order book for the second half of September 2017
INTERIM RESULTS PRESENTATION Strong start to the year, with a strong order book for the second half of 2017 11 September 2017 AGENDA Introduction and highlights John Hornby Financial review David Main
More informationTomTom Q results. Harold Goddijn CEO Marina Wyatt CFO 24 October 2011
TomTom Q3 2011 results Harold Goddijn CEO Marina Wyatt CFO 24 October 2011 Summary Solid Q3 performance Consumer segment continues to be weak Strong performance of Automotive, Licensing and Business Solutions
More informationDecember 31, OVERVIEW 2 MAGELLAN 2017 ANNUAL REPORT
1. OVERVIEW 2 MAGELLAN 2017 ANNUAL REPORT 2017 and Recent Updates MAGELLAN 2017 ANNUAL REPORT 3 Labour Matters 4 MAGELLAN 2017 ANNUAL REPORT Financing Matters 2. OUTLOOK MAGELLAN 2017 ANNUAL REPORT 5 TM
More informationHero Acquisitions Ltd
Hero Acquisitions Ltd (subsidiary of HSS Hire Group plc) FY17 Results APRIL 5 th 2018 Important notice By reading or reviewing this presentation, you agree to be bound by the following limitations: This
More informationFISCAL YEAR 2018 FIRST QUARTER EARNINGS PRESENTATION
FISCAL YEAR 2018 FIRST QUARTER EARNINGS PRESENTATION Jay Craig CEO & President Kevin Nowlan Senior Vice President & CFO January 31, 2018 Proprietary Meritor, Inc. 2017 Forward-Looking Statements This presentation
More informationKAP INDUSTRIAL HOLDINGS LIMITED UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2018
KAP INDUSTRIAL HOLDINGS LIMITED INTEGRATED INTO EVERY DAY INTRODUCTION JAAP DU TOIT CHAIRMAN AGENDA INTRODUCTION JAAP DU TOIT UNAUDITED INTERIM RESULTS FOR THE SIX STRATEGY MONTHS IMPLEMENTATION ENDED
More informationFINAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2010 FINANCIAL HIGHLIGHTS. Own stores number reached 764, increased by 11.
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More information2018 Half Year Results
A GLOBAL LEADER IN METAL FLOW ENGINEERING 2018 Half Year Results 26 July 2018 Patrick André Chief Executive 1 Disclaimer This presentation, which has been prepared by Vesuvius plc (the Company ), includes
More informationMTN Group Limited Results presentation for the six months ended 30 June 2017
MTN Group Limited Results presentation for the six months ended 30 June 2017 Disclaimer The information contained in this document has not been verified independently. No representation or warranty express
More informationPreliminary Results. Year ended 31 March Presentation 29 May 2009
Preliminary Results Year ended 31 March 2009 Presentation 29 May 2009 Disclaimers For the purposes of the following disclaimers, references to this "document" shall be deemed to include references to the
More informationQ2 & H1 FINANCIAL RESULTS. July
Q2 & H FINANCIAL RESULTS July 29 205 Forward Looking Statements This Presentation may include forward-looking statements. Forward-looking statements are statements regarding or based upon our management
More informationUnaudited group results for the six months ended 31 March 2018
Unaudited group results for the six months ended 31 March 2018 Index Listeria update Results overview Financial & operational performance Outlook & conclusion 2 Disclaimer Forward-looking statement This
More informationRESULTS PRESENTATION FOR THE SIX MONTHS ENDED 30 JUNE 2018 PRESENTED BY ZANELE MATLALA (CEO) AND KAJAL BISSESSOR (FD)
RESULTS PRESENTATION FOR THE SIX MONTHS ENDED 30 JUNE 2018 i PRESENTED BY ZANELE MATLALA (CEO) AND KAJAL BISSESSOR (FD) Merafe Resources Ltd Results presentation for the year ended 31 December 2017 LEGAL
More informationFletcher Building Limited
1 Fletcher Building Limited Half Year Results to 31 December 2010 16 February 2011 2 Disclaimer This annual results presentation dated 16 February 2011 provides additional comment on the media release
More informationTHIRD QUARTER 2016 CONFERENCE CALL AND WEBCAST. November 1, 2016
THIRD QUARTER 2016 CONFERENCE CALL AND WEBCAST November 1, 2016 AGENDA Introduction Business Overview Financial Overview Roger Hendriksen Director, Investor Relations Jeff Edwards Chairman and Chief Executive
More informationenx Group Limited results presentation
enx Group Limited results presentation for the year ended 31 August 2018 Disclaimer Certain statements in this presentation regarding enx s business operations may constitute forward looking statements.
More informationANALYST PRESENTATION FOR THE HALF-YEAR ENDED 30 SEPTEMBER 2010
ANALYST PRESENTATION FOR THE HALF-YEAR ENDED 30 SEPTEMBER 2010 1 Agenda The economy and retail environment Review of the period Financial review Divisional review Financial services Outlook Questions Doug
More informationInterim Results May 2006
Interim Results May 2006 Agenda Group results Segmental performance Growth prospects Income Statement Rm 2006 2005 % Comments Revenue 7 845 7 910-1 + 4% ex Peters Papers Profit before abnormal items 798
More informationDATATEC GROUP AUDITED PROVISIONAL RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2018
Technology Distribution Integration & Managed Services Consulting & Research AUDITED PROVISIONAL RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2018 AGENDA Results summary, overview & strategic update Jens Montanana,
More informationQ4 AND FY 2015 RESULTS. Harold Goddijn CEO Taco Titulaer CFO 9 February 2016
Q4 AND FY 2015 RESULTS Harold Goddijn CEO Taco Titulaer CFO 9 February 2016 CONSUMER OPERATIONAL HIGHLIGHTS Within Drive, we maintained our leading market position and continued to strengthen our navigation-based
More informationIncreasing uncertainty and reduced profitability within core repair business
Interim Report 1 January - 30 June COMPANY ANNOUNCEMENT NO. 03/ 30 August Increasing uncertainty and reduced profitability within core repair business Mobylife has in Q2 experienced a continued negative
More informationSEHK: Interim Results. 12 August 2009
SEHK: 215 29 Interim Results 12 August 29 Disclaimer These materials have been prepared by Hutchison Telecommunications Hong Kong Holdings Limited (HTHKH) solely for use at this presentation and have not
More informationKAP INDUSTRIAL HOLDINGS LIMITED (KAP) UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2017
KAP INDUSTRIAL HOLDINGS LIMITED (KAP) UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2017 WELCOME JAAP DU TOIT CHAIRMAN AGENDA WELCOME UNAUDITED INTERIM RESULTS FOR THE SIX STRATEGY MONTHS
More informationPRESENTATION TO INVESTORS FOR THE YEAR ENDED 30 SEPTEMBER 2015
PRESENTATION TO INVESTORS FOR THE YEAR ENDED 30 SEPTEMBER 2015 AGENDA GROUP OVERVIEW Alan Dickson, CEO FINANCIAL OVERVIEW Nick Thomson, CFO SEGMENTAL DISCUSSIONS ICT Mark Taylor Applied electronics Peter
More informationPolypipe Group plc Interim Results
Polypipe Group plc Interim Results 6 months to 30 June 2017 Disclaimer The information contained in this presentation has not been independently verified and this presentation contains various forward-looking
More informationFinancial Results March 2016
Financial Results March 2016 Content Key indicators Growth Credit Capital / Liquidity The way forward Financial Results 2 key indicators Capitec Bank Limited 3 Key Indicators Headline earnings (R m) 4
More information