orora limited - 2104 annual general meeting presentation

29
Annual General Meeting 16 October 2014

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Page 1: Orora Limited - 2104 Annual General Meeting presentation

Annual General Meeting

16 October 2014

Page 2: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014 2

Voting

• A poll will be conducted on all resolutions

• Place completed voting cards in ballot boxes by exit doors

• You can vote at any time during the course of this meeting

Page 3: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Brand

3

Page 4: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Full year result – pro forma profit up 44.8%

Metrics FY14 FY13 % Change

Profit after tax (AUD millions) 104.4 72.1 44.8

Earnings per share (cents) 8.7 6.0 44.8

Return on average funds employed (%) 9.3 7.2 2.1

Operating cash flow (AUD millions) 224.1 168.9 32.7

Dividend per share* (cents) 6.0 N/A N/A

4

*Declared dividend

Page 5: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014 5

Business performance

•On-target delivery

• Cost reductions

•Market share gains

•Manufacturing efficiencies

• Cash conversion

• Stronger balance sheet

224million

AUD CashflowOperating

Page 6: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014 6

Strong shareholder returns

AnnualDividend6c

Pershare

Payout Ratio 70 of NPAT

AUD

*%

*approximately

Page 7: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014 7

Focus on delivery

Page 8: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Key appointments

8

Samantha Lewis

• External audit

• Accounting

• Transactions

• Advisory services

Abi Cleland

• Strategy

• Mergers and acquisitions

• Business management

Page 9: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014 9

Corporate citizenship

Page 10: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

The road ahead

10

Page 11: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014 11

Priorities

The right people

Focus Cost reduction

Growth through an Orora lense

Inspirational brand

Page 12: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Developing the “Orora Way”

12

Page 13: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014 13

What we believe

Page 14: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

What we value

14

Page 15: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

What we deliver

15

Page 16: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

A customer-led organisation

16

Coca-Cola AmatilSUPPLIER OF THE YEAR, PACKAGING & INGREDIENTS

Coca-Cola AmatilSUPPLIER OF THE YEAR, PACKAGING & INGREDIENTS

Page 17: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Innovation

17

Page 18: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Safety

18

RCFR

51%

LTIFR

40%

SAFETY RECORD SINCE JUNE 2009

13.4

11.4

3.0

5.9

8.08.5

6.6

1.40.8 1.1

1.9 1.8

Jun-2009

LTIFR RCFR

Jun-2011Jun-2010 Jun-2014Jun-2013Jun-2012

Page 19: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Team member share plan

19

Page 20: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Our company

20

Closures

Orora Australasia

Beverage

Fibre Packaging

Packaging & Distribution

BeverageCans Glass

Fibre Packaging Landsberg – Orora

Orora North America

Manufacturing

Orora Group

Page 21: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Business performance - Australasia

21

EBIT increase

162.5million

EBIT Total (AUD)

25.7%

Page 22: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014 22

Business performance –B9

Page 23: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Business performance – North America

23

EBIT Increase

57.1million

EBIT Total (USD)

31.3%

Page 24: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Business performance – North America

24

Organic sales

Market share

Sales volume to third parties

Margins

Manufacturing

Page 25: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014 25

Debt reduction

Leverage

2.2x 31%Gearing

Page 26: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Growth through an Orora lens

26

Page 27: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

First quarter trading

27

CostReduction

Improvement of operations

Market Share Growth

Innovation

Page 28: Orora Limited - 2104 Annual General Meeting presentation

Orora Ltd 2014

Summary

28

Financial Discipline

GrowthCustomer

Led

5,500team members

60,000+shareholders

7 countries

115 sites

Page 29: Orora Limited - 2104 Annual General Meeting presentation

Annual General Meeting

16 October 2014