2005 Annual General Meeting Terry Davis CCA Group Managing Director - - PowerPoint PPT Presentation

1

AGM 19 May 2005

2005 Annual General Meeting Terry Davis

CCA Group Managing Director Trading Performance Overview

2

AGM 19 May 2005

2004 Financial Performance Summary

Dividends per Share

28c 23c 18.5c 14c 12c 5 10 15 20 25 30 2000 2001 2002 2003 2004

Dividends increased by 133% over last 4 years

Net Profit, after tax

16.9% CAGR

ROCE*

*Return on Capital Employed

+4.0 pts

3

AGM 19 May 2005

We Ultimately Judge Our Performance by the Amount of Value We Create for Shareholders

$1,000 invested in CCA in 2001 is worth $1,750 today

4

AGM 19 May 2005

Trading By Region

• Australia - Standout performance in 2004;

14.4% EBIT increase

• Oceania - Solid trading; NZ contributed to

majority of $8.2m increase in 2004 EBIT

• Indonesia - returned to growth in 2004 but

difficult Qtr1 2005 following Tsunami

• South Korea - Challenging trading

conditions & 2004 EBIT fell to $4m

• Not expected to return to profit in H1 2005

5

AGM 19 May 2005

$366m Invested in Acquisitions (excl. SPC Ardmona) & $330m Generated from Non-Core Asset Sales Pacific Beverages 2002 Rio Beverages Peat’s Ridge Springs 2003 Neverfail Crusta Juice 2004 Quirks Refrigeration Northern Territory Coca-Cola Licence 2005

6

AGM 19 May 2005

Commitment to Innovation - Vanilla Coke

• Launched Oct 2002
• Generated over $100m

revenue in 2003 & 2004

• Refreshed March 2005

7

AGM 19 May 2005

Commitment to Innovation - Fanta

2001 2004 2005

Fanta Spiders

• Orange
• Strawberry
• Choc Orange

Fanta Sours

• Apple
• Watermelon

Fanta Flavours

8

AGM 19 May 2005

Commitment to Innovation – Sprite Extension into Energy and Low Sugar Categories

9

AGM 19 May 2005

Australia – Top 3 Water Brands, by value

Market Leadership in Australia

• From 15% to

35% share in last 2 years

10

AGM 19 May 2005

New Zealand - Water Innovation Growing the Segment and Expanding Consumer Choice New Zealand

Aquashot - “on-the-go” Water

• Launched July 2004
• Volume 50% ahead of launch

targets

• approx. 20% share of NZ

flavoured water segment

11

AGM 19 May 2005

Major New Product Initiatives in 2005

South Korea Minute Maid Juice Range Australia Fruitopia J & Fruitopia Classic Coke with Lime New Zealand A World First Coke with Raspberry diet Coke with Raspberry

12

AGM 19 May 2005

SPC Ardmona - Strategic Rationale

• 1. Take advantage of trend to health and

well being

• 2. Brands with strong consumer

franchise

• 3. Value add by delivering

higher service levels

• 4. Common key

customer profile to CCA

13

AGM 19 May 2005

PACKAGED FRUIT

MARKET LEADER

BAKED BEANS AND SPAGHETTI IXL SPREADS; TAYLORS SAUCES AND MARINADES

MARKET LEADER IN SPREADS

TINNED TOMATOES

MARKET LEADER

Leading Brand Portfolio

14

AGM 19 May 2005

SPC Ardmona - Strategic Rationale

• 1. Take advantage of trend to health and

well being

• 2. Brands with strong consumer

franchise

• 3. Value add by delivering

higher service levels

• 4. Common key

customer profile to CCA

15

AGM 19 May 2005

Leading Brand Portfolio

Manufacturing plants 3 Countries (where products are sold) 50 Stock keeping units 1,900 Employees (full time) 800 60% Packaged Fruit 12% Henry Jones Spreads 11% Tinned Tomatoes 9% Baked Beans and Spaghetti 8% Other Split of Revenue

16

AGM 19 May 2005

Adding Value through Product & Package Innovation and Customer Relationships

• New Packaging Development
• New Product Development
• Other Opportunities
• supply chain management
• manufacturing
• route trade distribution

17

AGM 19 May 2005

2005 Full Year Outlook

FY 2005 – low double digit Net Profit Growth H1 2005 – around 10% Net Profit Growth

• Full year earnings growth weighted to H2
• Two less selling days in H1
• Soft volume in first quarter
• Full benefit of price increase in H2
• SPC Ardmona synergies to begin in H2

18

AGM 19 May 2005

The Changing Face of our Workforce

• Attracting talented & experienced people
• Strengthening management team
• Sharing best practice – sales and

customer service

• Focus on training &

development

• Improving diversity in our

workforce

19

AGM 19 May 2005