MMS Group FY17
Half Year Presentation
Presenters Mike Salisbury, CEO Mark Blackburn, CFO
McMillanShakespeareGroup
Overview
Overview
2
Overview
Key initiatives for building long term shareholder value
Broad suite of high quality products and industry leading service to drive organic growth
Investment in technology resulting in productivity gains and margin growth
Synergy benefits from a fully integrated business
Improved return on capital employed through a more flexible approach to funding
Selective approach to acquisitions to complement organic growth
3
Business overview
Overview
Operational Highlights
Driving full value from our integrated model
Segment | Stated strategy | 1H17 impact |
Group Remuneration Services | > Continue organic growth > Margin improvement via technology advancements > Broaden product suite | > Salary packages up 7.6%, novated leasing units up 6.6% > Margin improvement of 1.7% > Partnering with EML to deliver customers an improved card program > Maxxia Plus gaining market acceptance > Successful launch of the bus travel pass benefit |
Asset Management | > Disciplined approach to growth > Develop capital light business model > Leverage UK asset finance platform to grow market share | > Total AM UNPATA up 18.8% > Australia / New Zealand UNPATA up 6.3%, ROA up 7.5%, P&A funding of $4.4m > UK UNPATA up 144.8%, NAF up 72.8% > Acquired two UK asset finance businesses providing geographic and product expansion (upfront consideration £5.9m)1 |
Retail Financial Services | > Partner of choice > Continue integration of acquired businesses > Capture identified synergies > Broaden asset class | > NAF up 22.3%, warranty units stable > New leadership in place > Multi-funder portal launched > Net margins lower than expected > Remain focused on core business |
1 Upfront consideration net of cash retained on the balance sheet
4
McMillan Shakespeare Limited published this content on 22 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 March 2017 02:09:12 UTC.
Original documenthttp://www.mmsg.com.au/media/1446/mms_investor_pres_2017_s18final.pdf
Public permalinkhttp://www.publicnow.com/view/F8D7C7B7065C28053EE97D47435E0D0FA05CDAFB