BIDVEST AUSTRALIA Investor/Analyst Presentation
October 2015
Australian Background
• First business in Australia in 1995, 20 years in Australia • Number 1 player in the foodservice market • 5 divisions
• Foodservice • Fresh Produce • Fresh Meat • Imports • Logistics
• 50 branches across Australia • 600 delivery vehicles • 2500 employees
Branch Locations
• Darwin to Sydney is 3933kms (2444 miles) • Population 21 million • Population concentrated around East &
South Coast
Highlights FY ‘15
• Sales over $2.1b • EBIT growth of 10% on prior year • Total expenses under 15% • World class metrics • Largest single business in the Bidvest portfolio
Foodservice Division
It’s all about the food!
• Over 70% of the total Australian Sales
• 31 branches across Australia
• $1.5 billion in sales
• 0ver 40,000 customers
• Over 6% EBIT
Foodservice Division
Melbourne, Victoria
Perth, Western Australia
Regional Locations
Sunshine Coast, Queensland Central Coast,
New South Wales
Tamworth, New South Wales
Our Customers
• Hotels • Clubs • Cafes • Restaurants • Nursing Homes • Hospitals • Offices • Schools • Child Care Centres • Caterers • Take Away Shops
Opportunities
• Growth in Free Trade Customers • Deal with 40,000 • 80,000 plus Food Outlets in Australia
• New Locations • New product categories through the Imports Division
• 7 Branches across Australia • Huge opportunity to leverage off FS customer base • Fragmented market with no national distribution
Fresh Produce Division
Meat Division
• 5 dedicated processing plants delivering direct to the end user • 2 processing plants making product for the foodservice branches • Huge opportunity to leverage off FS customer base • Focus on portioned controlled and value added lines • Paddock to Plate
Bidvest Own Brands
Imports Division • Very important to our Australian business
• Largest Supplier
• Import 1400 containers annually
• Approximately 400 Bidvest Branded lines
• 6 Product categories
• Seafood Frozen
• Other Frozen (chips, vegetables)
• Chilled
• Dry Groceries
• Packaging and disposables
• Hygiene (chemicals etc)
Bidvest Own Brands
Logistics Division
• Currently 4 stand alone depots • Carton moving business and not our focus • Low margins • Very little return • Winding down this division
Thank you Questions?