Staging Connections Group Limited 2011 Annual General Meeting 3 November 2011.

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Presentation transcript:

Staging Connections Group Limited 2011 Annual General Meeting 3 November 2011

Annual General Meeting DISCLAIMER The information in this presentation is general in nature only and does not constitute a comprehensive review of Staging Connections Group Limited. Before making any decision regarding an existing or new investment in Staging Connections Group Limited, the investor or prospective investor should consider all information made available by the company to the market and whether such an investment is appropriate to their particular investments needs, objectives and financial circumstances.

Annual General Meeting DIRECTORS Bryan Waters, Chairman Tony Chamberlain, Managing Director John Murphy, Non-Executive Director Greg Robertson, Non-Executive Director Malcolm Craig, Chief Financial Officer and Company Secretary

Annual General Meeting PRESENTATION OF ANNUAL REPORT AND NOTICE OF MEETING Staging Connections Group Limited ABN and its Controlled Entities ANNUAL FINANCIAL REPORT 30 JUNE 2011

02Chairman’s Address CHAIRMAN’S ADDRESS Disappointing second half after strong first half Uncertainty in global and local economic conditions impact on confidence Year on year revenue growth in ANZPAC Staging Connections, Asia and Dubai Exhibition & Trade Fair EBITA down $3.8m year on year as no major international events and some other shows performed below expectations Net bank debt reduced and Bytecraft sale completed No dividend declared for FY2011 Current year Q1 EBITA up 88% on prior year EBITDA target for FY12 of between $16m and $20m

02Chairman’s Address BUY BACK OF UNMARKETABLE PARCELS Buy Back of unmarketable parcels closed 29 September Results of Buy Back:

PROPOSAL TO DELIST The key drivers of the recommendation to delist are: Low level of liquidity and tightly held share register Inability to raise funds from existing shareholders Lack of institutional interest in the Company’s shares Likely time to achieve improvement in financial performance Cost of retaining the listing The company competes against many private companies who do not have similar disclosure reporting requirements The company has a number of commercially sensitive business areas Details set out in Notice of Meeting 02Chairman’s Address

03Managing Director’s Address FINANCIAL OVERVIEW

03Managing Director’s Address FINANCIAL OVERVIEW

03Managing Director’s Address

FINANCIAL OVERVIEW 03Managing Director’s Address

FINANCIAL OVERVIEW 03Managing Director’s Address

m m m m 2-2.8m m 16-20m General Revenue Growth 2012 EBITDA Reduced Cost ETF – New Major Events NEW Venues Losses Not Recurring Labour Efficiency/ Pricing 2011 EBITDA 9.9m

03Managing Director’s Address m m m m 2-2.8m m 16-20m General Revenue Growth 2012 EBITDA Reduced Cost ETF – New Major Events NEW Venues Losses Not Recurring Labour Efficiency/ Pricing 2011 EBITDA 9.9m

03Managing Director’s Address Labour Efficiency/ Pricing

03Managing Director’s Address Labour Efficiency/ Pricing

03Managing Director’s Address m m m m 2-2.8m m 16-20m General Revenue Growth 2012 EBITDA Reduced Cost ETF – New Major Events NEW Venues Losses Not Recurring Labour Efficiency/ Pricing 2011 EBITDA 9.9m

03Managing Director’s Address m m m m 2-2.8m m 16-20m General Revenue Growth 2012 EBITDA Reduced Cost ETF – New Major Events NEW Venues & Major Events Losses Not Recurring Labour Efficiency/ Pricing 2011 EBITDA 9.9m

03Managing Director’s Address NEW Venues & Major Events Crowne Plaza Alice Springs Sydney Showground Hilton Hongqiao Shanghai RACV Royal Pines ResortAdelaide Oval Grand Hyatt Dubai

03Managing Director’s Address NEW Venues & Major Events Park Hyatt, Sydney Rydges, Hobart Copthorne Hotel, NZ Sebel Suites Brisbane Quay West Brisbane

03Managing Director’s Address m m m m 2-2.8m m 16-20m General Revenue Growth 2012 EBITDA Reduced Cost ETF – New Major Events NEW Venues Losses Not Recurring Labour Efficiency/ Pricing 2011 EBITDA 9.9m

03Managing Director’s Address ETF – New Major Events

03Managing Director’s Address ETF – New Major Events

03Managing Director’s Address ETF – New Major Events

03Managing Director’s Address m m m m 2-2.8m m 16-20m General Revenue Growth 2012 EBITDA Reduced Cost ETF – New Major Events NEW Venues Losses Not Recurring Labour Efficiency/ Pricing 2011 EBITDA 9.9m

03Managing Director’s Address m m m m 2-2.8m m 16-20m General Revenue Growth 2012 EBITDA Reduced Cost ETF – New Major Events NEW Venues Losses Not Recurring Labour Efficiency/ Pricing 2011 EBITDA 9.9m

03Managing Director’s Address NEW PRODUCTS – DIGITAL EVENT SERVICES General Revenue Growth WEBCASTINGEVENT APPS EVENT WEBSITES

03Managing Director’s Address NEW PRODUCTS – VENUE.COM.AU General Revenue Growth

03Managing Director’s Address m m m m 2-2.8m m 16-20m General Revenue Growth 2012 EBITDA Reduced Cost ETF – New Major Events NEW Venues Losses Not Recurring Labour Efficiency/ Pricing 2011 EBITDA 9.9m

Q1- Unaudited Results 03Managing Director’s Address

SUMMARY Significant achievements over the last year but not reflected in the Financial Results Full benefit of reduction in support costs to be realised in FY2012 Reduced debt Q results encouraging 03Managing Director’s Address

Staging Connections Group Limited 2011 Annual General Meeting 3 November 2011

Annual General Meeting RECEIVE FINANCIAL STATEMENTS AND REPORTS In accordance with the Corporations Act 2001 the Company presents its audited financial statements and reports as contained in the Annual Report

04 Question Time

05Items of Business

05Agenda Item 2 RESOLUTION 1 NON BINDING RESOLUTION TO ADOPT REMUNERATION REPORT To adopt the Remuneration Report of the Company as contained in the Annual Report sent to Shareholders on or around 4 October 2011.

05Agenda Item 3 RESOLUTION 2 RESOLUTION TO ELECT A DIRECTOR To elect as a Director, Mr Gregory Robertson, Non-executive Director, who retires by rotation in accordance with Rule 117 of the Constitution of the Company, and being eligible, offers himself for re-election in accordance with the Constitution and the ASX Listing Rules.

05Agenda Item 4 RESOLUTION 3 DELIST THE COMPANY FROM THE ASX To consider and, if thought fit, to pass the following resolution as an ordinary resolution: That for the purpose of ASX Listing Rule and for all other purposes, the Company be removed from the official list of the ASX on a date to be decided by ASX and that the directors be authorised to do all things reasonably necessary to give effect to the delisting of the Company from the ASX.

Staging Connections Group Limited 2011 Annual General Meeting 3 November 2011

Staging Connections Group Limited 2011 Annual General Meeting 3 November 2011