Download presentation
Presentation is loading. Please wait.
Published byNathaniel Thompson Modified over 2 years ago
1
1 Business Review 6 December 2013 Annual General Meeting
2
2 Another year of strong growth Group revenueup 9%£13.3bn Adjusted operating profitup 10%£1.185bn Adjusted earnings per shareup 13%98.9p Dividends per shareup 12%32.0p
3
3 Substantial cash flow £m Adjusted operating profit before depreciation and amortisation1,656 Used by businesses Net capital investment Working capital (600) (97) (697) Tax(252) Net interest(97) Other(31) Free cash flow579
4
4 Group financial strength Conservative level of debt – reduced to £804m Redemption of expensive term debt Total committed borrowing facilities of £2.4bn Well-funded pension arrangements
5
5 This year’s business highlights Remarkable performance by Primark Grocery much improved Record profit from Agriculture AB Sugar in line with our expectations China Sugar and Ingredients rationalisation
6
6 1997 saw the sale of our retail supermarkets, Quinnsworth / Crazy Prices in Eire and Stewarts in Northern Ireland
7
7 Development over 15 years 19982013 Sales£m4,19513,315 Adjusted operating profit£m3161,185 Adjusted earnings per sharep31.798.9 Employees32,700112,700 Dividends per sharep10.532.0 Share pricep5072,252* * as at 5 December 2013
8
8 Group operating profit 1998-2013
9
9 Sales 1998
10
10 Sales 2013
11
11 Profit 1998
12
12 Profit 2013
13
13 ABF locations 1998
14
14 …and in 2013
15
15 Sugar production 19982013 4.54m tonnes1.76m tonnes
16
16 Investment in co-products
17
17 Grocery brands 1998
18
18 Grocery brands
19
19 Grocery brands 2013
20
20 Walthamstow investment 1998
21
21 Walthamstow 2013
22
22 Primark development 19982013 Sales£m2954,273 Operating profit£m23514 Capital employed£m972,034 Number of stores84266 Retail selling space‘000 sq ft1,2349,421 Average store size‘000 sq ft1535 * * * * as at 5 December 2013
23
23 Primark increasing footprint 199820062009201010 days’ time Now
24
24 Primark stores Dublin 1998 Manchester 2013
25
25 Store design Hackney 1998 Newcastle 2013
26
26 Store design 19982013
27
27 “One day I’ll be big in retail.” Garry Weston 1997
Similar presentations
© 2018 SlidePlayer.com Inc.
All rights reserved.
Ppt on natural resources water Ppt on online shopping procedure Ppt on waves tides and ocean currents animation Ppt on mumbai as financial capital of india Ppt on 60 years of indian parliament latest Ppt on access modifiers in java Ppt on earthquake resistant buildings in india Ppt on intellectual property in vlsi Ppt on taj hotel mumbai Ppt on traffic light controller project 64