New Zealand Investor Presentation London, October 2015
Statement to explain the Business Bidvest New Zealand is the market leading wholesale distributor of food and associated products to the Foodservice Industry The business is organised into three divisions: Foodservice, Fresh and Processing 2015 Result Sales 11% Trading Profit 13%
Economic Overview Statistics GDP 3% Unemployment 5.7% Inflation 0.4% Interest rate 2.75% Trends Population growth Tourism strong Government in surplus Outlook: OVERALL POSITIVE
Our Business Customer Culture Commercial Suppliers Simplify our customers lives Make it easy to buy Lead time Product range Frequency Technology
Our Business CustomerCulture Commercial Suppliers Respect them – they are our allies Find the most competitive source Importing and terms Customer support Marketing Technology
Our Business CustomerCulture Commercial Suppliers Efficiency Accuracy Service
Our Business Customer Culture Commercial Suppliers Single most valuable asset Care Work hard for each other Connected Our colleagues are our friends
Bidvest in New Zealand Large market share 3m + Transactions /p.a Inventory days 23 Receivable days 28 Payable days 50 Cash generated $32m/p.a 30 Businesses Square meters of DC 370 Trucks 1,500 Staff 20,000 Products 17,000 Customers 1,000 Suppliers
15 Year Performance
Market Segmentation Restaurant & Cafes QSR Institutions
Market Segmentation Customer Examples HotelsCaterersInstitutionsQSROilAged Care AccorCompassHospitalsSubwaysBPBupa HiltonSpotlessCorrectionsDominosCaltex LSGDefence
Market Segmentation Meat Fruit & Vegetables Dairy
Areas of development Culture of continual improvement Technology
Areas of development Imports Own Brand
Areas of development Category Development – Specialists MeatFruit and VegePackagingSeafood
Areas of development Category Development – Specialists – Vertical Integration
Areas of development
Looking Forward Trends are Positive Foodservice growing Tourism strong NZ perfectly located Good business momentum
Looking Forward
Trends are Positive Foodservice growing Tourism strong NZ perfectly located Good business momentum Strong 2015/16 Start
Thank you