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ORORA LIMITED — AGM Information 2014
Oct 15, 2014
65505_rns_2014-10-15_32f2139f-42d5-4ce7-9e4a-410f2390a267.pdf
AGM Information
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Annual General Meeting
16 October 2014
Voting
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A poll will be conducted on all resolutions
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Place completed voting cards in ballot boxes by exit doors
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You can vote at any time during the course of this meeting
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Orora Ltd 2014
Brand
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Orora Ltd 2014 3
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Full year result – pro forma profit up 44.8%
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| 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 |
*Declared dividend
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Orora Ltd 2014
Business performance
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• On-target delivery Operating • Cost reductions AUD Cashflow 224 • Market share gains • million
- Manufacturing efficiencies
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Cash conversion
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Stronger balance sheet
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Orora Ltd 2014
Strong shareholder returns
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AUD Annual Per Dividend 6[c ] share * Payout Ratio 70 % of NPAT
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*approximately
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Orora Ltd 2014
Focus on delivery
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Orora Ltd 2014
Key appointments
Abi Cleland
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Strategy
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Mergers and acquisitions
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Business management
Samantha Lewis
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External audit
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Accounting
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Transactions
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- Advisory services
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Orora Ltd 2014
Corporate citizenship
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Orora Ltd 2014
The road ahead
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Orora Ltd 2014
Priorities
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Growth The right Cost Inspirational Focus through an people reduction brand Orora lense
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Orora Ltd 2014
Developing the “Orora Way”
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Orora Ltd 2014
What we believe
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Orora Ltd 2014
What we value
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Orora Ltd 2014
What we deliver
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Orora Ltd 2014
A customer-led organisation
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Coca-Cola Amatil
SUPPLIER OF THE YEAR, PACKAGING & INGREDIENTS
Coca-Cola Amatil
SUPPLIER OF THE YEAR, PACKAGING & INGREDIENTS
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Orora Ltd 2014
Innovation
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Orora Ltd 2014
Safety
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SAFETY RECORD SINCE JUNE 2009
13.4
11.4 RCFR LTIFR
8.5
8.0
6.6
5.9
3.0
1.9 1.8
1.4
1.1
0.8
51% 40%
Jun-2009 Jun-2010 Jun-2011 Jun-2012 Jun-2013 Jun-2014
LTIFR RCFR
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Orora Ltd 2014
Team member share plan
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Orora Ltd 2014
Our company
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Orora Group
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Orora Australasia Orora North America
Fibre Packaging Beverage Landsberg – Orora Manufacturing
Fibre Packaging & Beverage
Glass Closures
Packaging Distribution Cans
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Orora Ltd 2014
Business performance - Australasia
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EBIT Total (AUD) 162.5 million EBIT increase 25.7%
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Orora Ltd 2014
Business performance –B9
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Orora Ltd 2014
Business performance – North America
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EBIT Total (USD) 57.1 million EBIT Increase 31.3%
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Orora Ltd 2014
Business performance – North America
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Manufacturing Organic sales Sales volume to third parties Market share Margins
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Orora Ltd 2014
Debt reduction
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Gearing
Leverage
2.2x 31%
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Orora Ltd 2014
Growth through an Orora lens
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Orora Ltd 2014
First quarter trading
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Cost Improvement Market Share Innovation Reduction of operations Growth
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Orora Ltd 2014
Summary
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5,500 60,000+ 7 115
team members shareholders countries sites
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Financial Discipline
Growth
Customer Led
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Orora Ltd 2014
Annual General Meeting
16 October 2014