Date post: | 18-Dec-2014 |
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Business |
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GUD HoldingsAGM 2013
Ross Herron Chairman
GUD HoldingsAGM 2013
Jonathan Ling Managing Director
GUD HoldingsChairman’s address
Managing Director’s address
Business of the Meeting
Meeting Agenda
FY 12
219
86
99
205
611
FY 13
194
87
101
214
596
Sales Performance
$m
Consumer
Automotive
Water
Industrial
Group
Consumer
$m
Sales
EBIT*
FY 12
219.2
33.0
FY 13
194.2
19.9
-11%
-40%
*Underlying EBIT
Water
$m
Sales
EBIT
FY 12
99.2
7.5
FY 13
100.9
8.3
+2%
+11%
Industrial
$m
Sales
EBIT*
FY 12
204.8
7.8
FY 13
214.0
7.2
+4%
-8%
*Underlying EBIT
Strategy initiatives
1. Improved manufacturing efficiency
Uncompetitive plants closed in New Zealand and Australia
Outsourcing improved margins
Factoriesclosed
New plant investment Increasedefficiencies
Outgoing efficiency efforts
Strategy Initiatives
2. Supply chain efficiency
Ongoing incremental efforts
Each business focused on improvements
Particular concentration on transport logistics
1. Improved manufacturing efficiency
3. New product development
Strategy Initiatives
2. Supply chain efficiency
5. Value - creating acquisitions4. Investment in brands
Strategy Initiatives
Dexion acquired in 2010
Possible acquisitions constantlyanalysed
Strict investment criteria
Current Dexion Initiatives
New Malaysian plant offers growth potential
Increased competitive ability
Future Dexion Initiatives
Dexion Commercial business model being reviewed
Determining optimal manufacturing capacityin Sydney, Kuala Lumpurand Shanghai
Future Sunbeam Initiatives
Ongoing competitive challenges
Retains #1 brand position
New product & brand investment
Improve cost base
Capitalise on technology for better engagement
Optimising Business Performance
All sales regions ahead of last year
Management focused on improved returns
Specific programs now in place
Water CVA return %
FY 2009 2010 2011 2012 2013
12.3 15.6 9.2 7.9 8.1
Optimising Business Performance
Growth expected in FY13
New product program & marketing initiatives
New channel & pricing opportunities
Consumer CVA return %
FY 2009 2010 2011 2012 2013
17.6 19.0 21.8 19.9 14.4
Our FutureShort term focuson both optimisingand restructuringoperations.
Our FutureFocus on scalingbusinesses thatcan competeon a global scale.
Our FutureNo plans for acquisitionsbeyond currentactivity base.