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AGM 04 July 2019 Welcome & Introduction Stewart Gilliland - PowerPoint PPT Presentation

Apr 09, 2024 •191 likes •750 views

AGM 04 July 2019 Welcome & Introduction Stewart Gilliland Chairman C&C Group plc Board Retir irees Sir Brian Stewart Richard Holroyd Geoffrey Hemphill Joris Brams C&C Group plc AGM | July 2019 | Slide 3 Board Appointments

  1. AGM 04 July 2019

  2. Welcome & Introduction Stewart Gilliland Chairman C&C Group plc

  3. Board Retir irees Sir Brian Stewart Richard Holroyd Geoffrey Hemphill Joris Brams C&C Group plc AGM | July 2019 | Slide 3

  4. Board Appointments New Senior In Ind. . Dir irector & Co. . Sec Mark Chilton Vincent Crowley Jill Caseberry Helen Pitcher, OBE Board Commit ittees Audit Remuneration Nomination Emer Finnan (C) Helen Pitcher (C) Stewart Gilliland (C) Vincent Crowley Jill Caseberry Emer Finnan Jim Thompson Vincent Crowley Vincent Crowley Jim Thompson C&C Group plc AGM | July 2019 | Slide 4

  5. FY2019 | Strategic icall lly Im Important Year Acquisition of Matthew Clark & Bibendum C&C now the largest final-mile drinks distributor to Irish & UK on-trade Transaction success a hallmark of strong corporate culture C&C Group plc AGM | July 2019 | Slide 5

  6. Positioned for Growth Stephen Glancey Group Chief Executive C&C Group plc

  7. Vid ideo

  8. FY2019 | Summary ry Performance €1,574.9 million €104.5 million Net Revenue Operating Profit, before €4m of associate income (mainly Admiral) (Organic 1 % ch (Organic 1 % cha Up p 3.2% 3.2% (O change) Up p 3.3% .3% (O change) 15.7% €15.7 million Operating margin of core C&C Group 1 11 month operating profit of MCB 2.51x 26.6c Net Debt to EBITDA Adjusted diluted EPS 2 (Up 20.9%) €96.9 million 15.31c Free cash flow (Pre-exceptionals ) Dividend per share (+5.0%) 80.8% 80 .8% Cas ash Conversi sion of of EBI EBITDA Proposed fina final di dividend 9.98 9.98c pe per shar share +6 +6.5% .5% 1. Core C&C businesses as at 1 March 2018 (prior to the acquisition of the Matthew Clark and Bibendum and other marketing services businesses acquired on 4 April 2018) financial results for the 12 months to 28 February 2019. C&C Group plc AGM | July 2019 | Slide 8 2. Adjusted basic/diluted earnings per share (‘EPS’) excludes exceptional items.

  9. Decentralised, , entrepreneuria ial busin iness wit ith in incentiv ives alig ligned to performance Tar argetin ing g do doub uble le di digi git EPS EP S this this fi fiscal; l; and and steady state mi mid to o reward culture hi high gh sing ngle le di digit git C&C Group plc AGM | July 2019 | Slide 9

  10. Authentic, local ‘Fabric Brands’ in the geographies that need them C&C Group plc AGM | July 2019 | Slide 10

  11. Fabric brands are alw lways rele levant and social media ia provides the pathways to new consumers C&C Group plc AGM | July 2019 | Slide 11

  12. Sustain inabilit ity Packaging Water Carbon Emissions a By y 20 2022 22 By y 20 2025 25 By y 20 2022 Achieve a 2.5 water ratio Plastic Free 100% of electricity from renewables Manufacturing Sites to be Carbon Neutral C&C Group plc AGM | July 2019 | Slide 12

  13. Growth Agenda Ireland Scotland UK Cider Cha Challe lenger Bus Busin iness ss Convenience Con Route to to Market New Pack ackaging Dep Deposit AB B In In Be Bev Min inim imum Un Unit it Pric ricing Cr Craft & Premium Matthew Cl Clark Cr Craft & Premium MCW Com Combine Win ine Innovation Underpin C&C Group plc AGM | July 2019 | Slide 13

  14. Largest fin inal mile ile to the on trade in in the Brit itis ish Is Isle les Ireland Scotland Matthew Clark Bibendum 36,000 on-trade customers Da Data & Ins Insig ight Fr Fragmentatio ion & Ex Expertise Final mile Fin le capability Cr Craft, Premium an and Wor orld ld Brand- led distribution where it matters; agnostic where it doesn’t C&C Group plc AGM | July 2019 | Slide 14

  15. Formal Business Stewart Gilliland Chairman C&C Group plc

  16. Resolution 1

  17. Resolution 1 To consider the financial statements for the year ended 28 February 2019 and the reports of the Directors and the auditors thereon. FOR: 212,747,944 SHARES AGAINST: 669 SHARES TOTAL: 212,748,613 SHARES WITHHELD: 846,365 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 17

  18. Resolution 2

  19. Resolution 2 To confirm and declare dividends. FOR: 213,594,242 SHARES AGAINST: 519 SHARES TOTAL: 213,594,761 SHARES WITHHELD: 217 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 19

  20. Resolution 3 (a)

  21. Resolution 3 (a) To elect Jill Caseberry FOR: 198,316,332 SHARES AGAINST: 15,275,686 SHARES TOTAL: 213,592,018 SHARES WITHHELD: 2,960 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 21

  22. Resolution 3 (b)

  23. Resolution 3 (b) To elect Helen Pitcher, OBE FOR: 213,243,693 SHARES AGAINST: 348,325 SHARES TOTAL: 213,592,018 SHARES WITHHELD: 2,960 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 23

  24. Resolution 3 (c)

  25. Resolution 3 (c) To elect Jim Thompson FOR: 212,759,480 SHARES AGAINST: 832,538 SHARES TOTAL: 213,592,018 SHARES WITHHELD: 2,960 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 25

  26. Resolution 3 (d)

  27. Resolution 3 (d) To re-elect Stewart Gilliland FOR: 211,165,874 SHARES AGAINST: 2,427,150 SHARES TOTAL: 213,593,024 SHARES WITHHELD: 1,954 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 27

  28. Resolution 3 (e)

  29. Resolution 3 (e) To re-elect Stephen Glancey FOR: 212,902,934 SHARES AGAINST: 690,090 SHARES TOTAL: 213,593,024 SHARES WITHHELD: 1,954 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 29

  30. Resolution 3 (f)

  31. Resolution 3 (f) To re-elect Andrea Pozzi FOR: 212,896,224 SHARES AGAINST: 696,794 SHARES TOTAL: 213,593,018 SHARES WITHHELD: 1,960 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 31

  32. Resolution 3 (g (g)

  33. Resolution 3 (g (g) To re-elect Jonathan Solesbury FOR: 212,794,737 SHARES AGAINST: 797,497 SHARES TOTAL: 213,592,234 SHARES WITHHELD: 2,744 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 33

  34. Resolution 3 (h)

  35. Resolution 3 (h) To re-elect Jim Clerkin FOR: 212,904,234 SHARES AGAINST: 679,413 SHARES TOTAL: 213,583,647 SHARES WITHHELD: 11,331 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 35

  36. Resolution 3 (i)

  37. Resolution 3 (i) To re-elect Vincent Crowley FOR: 212,491,858 SHARES AGAINST: 1,101,160 SHARES TOTAL: 213,593,018 SHARES WITHHELD: 1,960 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 37

  38. Resolution 3 (j) j)

  39. Resolution 3 (j) j) To re-elect Emer Finnan FOR: 212,494,394 SHARES AGAINST: 1,091,428 SHARES TOTAL: 213,585,822 SHARES WITHHELD: 3,965 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 39

  40. Resolution 4

  41. Resolution 4 To authorise the Directors to fix the auditors’ remuneration. FOR: 213,576,241 SHARES AGAINST: 12,295 SHARES TOTAL: 213,588,536 SHARES WITHHELD: 6,442 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution C&C Group plc AGM | July 2019 | Slide 41

  42. Resolution 5

  43. Resolution 5 To receive and consider the Report of the Remuneration Committee on Directors’ Remuneration for the year ended 28 February 2019. FOR: 212,409,822 SHARES AGAINST: 1,181,109 SHARES TOTAL: 213,590,931 SHARES WITHHELD: 4,047 SHARES NOTE: A vote WITHHELD is not a vote in law and is not counted in the calculation of the proportion of the votes FOR and AGAINST the resolution AGM | July 2019 | Slide 43

  44. Resolution 6

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