DOCSLIB.ORG

Value-Add Distribution Model Is Built on Strong Foundations and Supported by Its Core Competencies and Organisational Capability

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Value-Add Distribution Model Is Built on Strong Foundations and Supported by Its Core Competencies and Organisational Capability Our purpose is to Essential Products consistently deliver value, empowering our people to service our customers and reward our stakeholders every day Value-add distribution Diploma’s strong and successful model distribution business model is developed around the proposition of Essential Products, Essential Solutions and Essential Values. The Essential Products that are distributed are critical to customers’ needs. The Essential Core Competencies Solutions – deep technical support in Life Sciences, responsive customer lue-ad service in Seals and value-add servicing Va d in Controls – differentiate the Group from its competitors and drive customer loyalty. The Essential Values focus on empowering our employees, who are best placed to understand and Supply chain deliver to their customers’ needs Product management The Group’s value-add distribution model is built on strong foundations and supported by its Core Competencies and Organisational Capability The Group will grow by focusing on its core developed markets and products, both organically and by acquisition. This strategy will continue to deliver Organisational Capability strong and consistent financial returns for shareholders Talent Essential Solutions Essential Values Diploma PLC is an international group supplying specialised products and services to a wide range of end segments in our three Sectors of Life Sciences, Seals and Controls End Markets lue-ad Va d Supply chain Operational Route to Commercial management excellence market discipline V alue-add Technology Facility Diploma PLC Annual Report & Accounts 2019 01 Financial Highlights Year ended 30 September 2019 Strong double-digit growth in revenues and earnings Revenue Statutory operating profit Statutory profit before tax £544.7m £84.1m £83.5m 2018: £485.1m 2018: £73.2m 2018: £72.7m +12% +15% +15% Adjusted operating profit1 Adjusted operating margin Adjusted profit before tax1,2 £97. 2m 17.8% £96.5m 2018: £84.9m 2018: 17.5% 2018: £84.8m +14% +30bps +14% Free cash flow3 Acquisition spend ROATCE £56.5m £78.3m 22.9% 2018: £60.5m 2018: £20.4m 2018: 24.5% 2019 2018 pence pence Adjusted earnings per share1,2 64.3 +14% 56.4 Basic earnings per share 54.7 +15% 47.5 Total dividend per share 29.0 +14% 25.5 Free cash flow per share3 49.9 -7% 53.5 1 Before acquisition related charges and Chief Executive Officer transition costs in 2018. 2 Before fair value remeasurements. 3 Before cash payments on acquisitions and dividends. Diploma PLC uses alternative performance measures as key financial indicators to assess the underlying performance of the Group. These include adjusted operating profit, adjusted profit before tax, adjusted earnings per share, free cash flow, trading capital employed and return on adjusted trading capital employed (“ROATCE”). All references in this Annual Report & Accounts to “underlying” revenues or operating profits refer to reported results on a constant currency basis and before any contribution from acquired or disposed businesses. The narrative in the Annual Report & Accounts is based on these alternative measures and an explanation is set out in notes 2 and 3 to the consolidated financial statements. Diploma PLC 02 Annual Report & Accounts 2019 Group at a Glance We focus on supplying essential products and services across a range of specialised industry Well diversified Sectors by geography and business area Life Sciences Seals The Life Sciences Sector Group revenue Employees The Seals Sector businesses businesses supply a range of supply a range of seals, gaskets, consumables, instrumentation 437 filters, cylinders, components and related services to the and kits used in heavy mobile healthcare and environmental machinery and specialised industries. 27% industrial equipment. Healthcare (85% of revenue): clinical North American Seals (61% of revenue): diagnostic instrumentation, consumables Aftermarket: next-day delivery of seals, and services supplied to hospital pathology sealing products and cylinder components and life sciences laboratories for the testing Primary growth drivers for the repair of heavy mobile machinery. of blood tissue and other samples. Surgical • Public and private medical devices, consumables and services healthcare spending Industrial OEM: sealing products, supplied to hospital operating rooms, GI/ custom-moulded and machined parts Endoscopy suites and clinics. • Ageing population and supplied to manufacturers of specialised increasing life expectancy industrial equipment. Environmental (15% of revenue): • Health & Safety and environmental analysers, containment MRO: high-quality gaskets and fluid sealing enclosures and continuous emissions Environmental regulation products supplied to end users with critical monitoring systems. services in high-cost failure applications. International Seals (39% of revenue): sealing products and filters supplied outside North America to Aftermarket and Industrial OEM customers as well as to Maintenance, Repair and Overhaul (“MRO”) operations. Diploma PLC Annual Report & Accounts 2019 03 North American European Rest of World revenue revenue revenue (by destination) by Sector (by destination) by Sector (by destination) by Sector Group revenue Group revenue Group revenue 40% 49% 11% 23% 17% 24% 25% UK US Rest of Canada Europe Locations Locations Locations Life Sciences Seals Controls Controls Group revenue Employees The Controls Sector businesses Group revenue Employees supply specialised wiring, cable, 1,007 connectors, fasteners and 601 control devices used in a range of technically demanding 40% applications. 33% Interconnect (63% of revenue): wiring, cable, harness components and cable accessories used in specialised technical Primary growth drivers applications in Aerospace, Defence, Primary growth drivers • General economic growth Motorsport, Energy, Medical, Rail and • General growth in the • Activity and spending levels Industrial. industrial economy in Heavy Construction and Specialty Fasteners (21% of revenue): • Activity and spending levels in Infrastructure specialty aerospace-quality fasteners Aerospace, Defence, Motorsport, • Growth in industrial supplied to Civil Aerospace, Motorsport, Energy, Medical and Rail Industrial and Defence markets. production • Equipment installation • Capital expansion projects at Fluid Controls (16% of revenue): and maintenance in Food & major customers temperature, pressure and fluid control Beverage and Catering products used in Food & Beverage and Catering industries. Diploma PLC 04 Annual Report & Accounts 2019 Chairman’s Statement which the Board has approved and which Adjusted operating profit increased by Our principal corporate has excellent potential to create further 14% to £97.2m (2018: £84.9m) reflecting objectives are to achieve shareholder value in the years ahead. the strong growth in revenues and an increase of 30bps in adjusted operating double-digit growth in Shortly after the year end Nigel Lingwood, margins to 17.8% (2018: 17.5%). Adjusted Group Finance Director, announced his profit before tax and adjusted EPS also adjusted EPS over the decision to retire from the Board at the close increased by 14% to £96.5m (2018: £84.8m) of the next financial year. Nigel joined the and 64.3p (2018: 56.4p), respectively. business cycle; generate Group in 2001 and has played a significant TSR growth in the upper role in pursuing the current strategy that On a statutory basis, the Group’s operating over the past 18 years has delivered double- profit was 15% ahead of last year at £84.1m quartile of the FTSE 250; digit growth in earnings and dividends. This (2018: £73.2m) after £13.1m (2018: £9.6m) has led to a growth in market capitalisation of acquisition related charges, largely and deliver progressive from £60m to over £1.9bn today. We look comprising amortisation of acquired forward to working with Nigel during his intangible assets. Last year’s statutory dividend growth final year with the Group, before wishing operating profit included one-off charges him a long and restful retirement. of £2.1m with respect to the previous targeting two times CEO transition process. Statutory profit dividend cover. Results before tax increased by 15% to £83.5m Group revenues increased in 2019 by 12% (2018: £72.7m) and statutory EPS was 15% to £544.7m (2018: £485.1m), benefiting up on last year at 54.7p (2018: 47.5p). Diploma has delivered another strong from both a strong 5% contribution from financial performance in 2019. The Group acquisitions and a currency tailwind of 2% The Group’s free cash flow remained robust again achieved double-digit growth in from translating the results of the overseas at £56.5m (2018: £60.5m); last year’s free adjusted earnings per share, generated businesses, caused by the sharp depreciation cash flow included £4.0m from the sale of strong free cash flow and maintained in UK sterling in the second half of the year. a small non-core US gasket business. The a robust balance sheet, despite having outflow of cash to support working capital invested a record amount in acquiring After adjusting for the contribution from increased this year to £9.4m (2018: £5.1m) new businesses this year. The results acquisitions completed both this year and was largely driven by the investment demonstrate the resilience of the Group’s and last year, net of a small disposal required in the US Industrial OEM business, businesses and the consistent delivery last year and for the currency effects on following implementation of a new ERP against the Group’s strategy that has translation, Group revenues
Load more

Recommended publications
  • April 2019 Equity Suggestions
    April 2019 Equity Suggestions Price 52 Week FTSE 100 COMPANIES 5/4/19 Yield High Low BANKS Lloyds PLC Ordinary Shares 62p 5.2% 69p 50p BEVERAGES Diageo PLC Ordinary Shares 3120p 2.1% 3157p 2437p CHEMICALS Croda International PLC Ordinary Shares 5106p 1.7% 5330p 4360p FOOD PRODUCERS Unilever PLC Ordinary Shares 4402p 3.1% 4504p 3830p FORESTRY & PAPER DS Smith PLC Ordinary Shares 348p 4.3% 542p 286p Smurfit Kappa Group PLC Ordinary Shares 2364p 3.6% 3306p 1915p HEALTHCARE PRODUCTS Smith & Nephew PLC Ordinary Shares 1513p 1.8% 1549p 1243p HOUSEHOLD PRODUCTS Reckitt Benckiser PLC Ordinary Shares 6383p 2.7% 7174p 5255p INDUSTRIALS Halma PLC Ordinary Shares 1769p 0.9% 1785p 1167p LIFE INSURANCE Prudential PLC Ordinary Shares 1681p 3.0% 1962p 1325p MEDIA RELX PLC Ordinary Shares 1671p 2.5% 1782p 1467p MINING BHP Group PLC Ordinary Shares 1933p 4.7% 1950p 1286p Rio Tinto PLC Ordinary Shares 4665p 5.0% 4717p 3314p OIL & GAS BP PLC Ordinary Shares 569p 5.5% 603p 481p Royal Dutch Shell B PLC Ordinary Shares 2497p 5.8% 2845p 2227p NONLIFE INSURANCE Admiral Group PLC Ordinary Shares 2239p 5.3% 2260p 1840p SUPPORT SERVICES Bunzl PLC Ordinary Shares 2537p 2.0% 2554p 2059p DCC PLC Ordinary Shares 6944p 1.8% 7585p 5555p Experian PLC Ordinary Shares 2091p 1.7% 2134p 1535p Intertek PLC Ordinary Shares 5018p 2.0% 6084p 4323p Rentokil Initial PLC Ordinary Shares 364p 1.2% 364p 267p TRAVEL & LEISURE Carnival PLC Ordinary Shares 3954p 3.9% 5030p 3611p Compass Group PLC Ordinary Shares 1825p 2.1% 1831p 1435p UTILITIES National Grid PLC Ordinary Shares 835p 5.6%
    [Show full text]
  • Parker Review
    Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people.
    [Show full text]
  • DIPLOMA Annual Report & Accounts 2016 & Accounts Report Annual PLC
    DIPLOMA PLC Annual Report & Accounts 2016 DIPLOMA PLC Annual Report & Accounts 2016 Diploma PLC is an international group of businesses supplying specialised technical products and services. We operate globally in three distinct Sectors: Life Sciences Seals Controls Suppliers of Suppliers of Suppliers of consumables, seals, gaskets, specialised wiring, instrumentation filters, cylinders, connectors, and related components and fasteners and services to the kits for heavy control devices healthcare and mobile machinery for technically environmental and industrial demanding industries. equipment. applications. Contents Strategic Report Governance 66 Consolidated Statement 01 Financial Highlights 36 Board of Directors of Financial Position 02 Chairman’s Statement 38 Corporate Governance 67 Consolidated Cash Flow Statement 04 Group at a Glance 43 Audit Committee Report 68 Notes to the Consolidated Financial 06 Chief Executive’s Review 47 Nomination Committee Report Statements 08 Our Business Model 48 Remuneration Committee Report 87 Group Accounting Policies 10 Growth Strategy 92 Parent Company Statement of 12 Our Year in Review Financial Statements Financial Position 13 Sector Review 62 Directors’ Report 92 Parent Company Statement of 26 Finance Review 64 Consolidated Income Statement Changes in Equity 30 Internal Control and Risk 65 Consolidated Statement of Income 93 Notes to the Parent Company Management and Other Comprehensive Income Financial Statements 34 Corporate Responsibility 65 Consolidated Statement of Changes 94 Independent Auditor’s
    [Show full text]
  • FTF - FTF Franklin UK Rising Dividends Fund August 31, 2021
    FTF - FTF Franklin UK Rising Dividends Fund August 31, 2021 FTF - FTF Franklin UK Rising August 31, 2021 Dividends Fund Portfolio Holdings The following portfolio data for the Franklin Templeton funds is made available to the public under our Portfolio Holdings Release Policy and is "as of" the date indicated. This portfolio data should not be relied upon as a complete listing of a fund's holdings (or of a fund's top holdings) as information on particular holdings may be withheld if it is in the fund's interest to do so. Additionally, foreign currency forwards are not included in the portfolio data. Instead, the net market value of all currency forward contracts is included in cash and other net assets of the fund. Further, portfolio holdings data of over-the-counter derivative investments such as Credit Default Swaps, Interest Rate Swaps or other Swap contracts list only the name of counterparty to the derivative contract, not the details of the derivative. Complete portfolio data can be found in the semi- and annual financial statements of the fund. Security Security Shares/ Market % of Coupon Maturity Identifier Name Positions Held Value TNA Rate Date 0673123 ASSOCIATED BRITISH FOODS PLC 155,000 £3,069,000 2.01% N/A N/A 0989529 ASTRAZENECA PLC 84,000 £7,151,760 4.68% N/A N/A 0263494 BAE SYSTEMS PLC 575,000 £3,268,300 2.14% N/A N/A BYQ0JC6 BEAZLEY PLC 680,000 £2,662,200 1.74% N/A N/A 3314775 BLOOMSBURY PUBLISHING PLC 660,000 £2,329,800 1.52% N/A N/A B3FLWH9 BODYCOTE PLC 275,000 £2,652,375 1.74% N/A N/A 0176581 BREWIN DOLPHIN HOLDINGS
    [Show full text]
  • UK P&L 161107 MAR.Xlsx
    Messels December 2016 Rec Last UK FTSE 100 Stocks Open price Close/last %chg Index Relative 30-Nov 30-Dec BP/ LN Equity BP PLC 459.45 509.6 10.9% 5.29% 5.6% 30-Nov 30-Dec RRS LN Equity Randgold Resources Ltd 5700 6415 12.5% 5.29% 7.3% 30-Nov 30-Dec RIO LN Equity Rio Tinto PLC 2990 3158.5 5.6% 5.29% 0.3% 30-Nov 30-Dec BA/ LN Equity BAE Systems PLC 600.5 591.5 -1.5% 5.29% -6.8% 30-Nov 30-Dec CRH LN Equity CRH PLC 2660 2830 6.4% 5.29% 1.1% 30-Nov 30-Dec CRDA LN Equity Croda International PLC 3262 3196 -2.0% 5.29% -7.3% 30-Nov 30-Dec AHT LN Equity Ashtead Group PLC 1567 1580 0.8% 5.29% -4.5% 30-Nov 30-Dec BNZL LN Equity Bunzl PLC 2060 2109 2.4% 5.29% -2.9% 30-Nov 30-Dec EXPN LN Equity Experian PLC 1510 1574 4.2% 5.29% -1.1% 30-Nov 30-Dec WOS LN Equity Wolseley PLC 4645 4962 6.8% 5.29% 1.5% 30-Nov 30-Dec GSK LN Equity GlaxoSmithKline PLC 1495.5 1562 4.4% 5.29% -0.8% 30-Nov 30-Dec BRBY LN Equity Burberry Group PLC 1429 1497 4.8% 5.29% -0.5% 30-Nov 30-Dec RB/ LN Equity Reckitt Benckiser Group PLC 6763 6886 1.8% 5.29% -3.5% 30-Nov 30-Dec MRW LN Equity Wm Morrison Supermarkets PLC 217.5 230.7 6.1% 5.29% 0.8% 13-Dec 30-Dec ITV LN Equity ITV PLC 192.1 206.4 7.4% 2.50% 4.9% 20-Dec 30-Dec REL LN Equity RELX PLC 1417 1449 2.3% 1.40% 0.9% 30-Nov 30-Dec MCRO LN Equity Micro Focus International PLC 2111 2179 3.2% 5.29% -2.1% 30-Nov 30-Dec BARC LN Equity Barclays PLC 215.95 223.45 3.5% 5.29% -1.8% 06-Dec 30-Dec DLG LN Equity Direct Line Insurance Group PLC 354.8 369.4 4.1% 5.35% -1.2% 30-Nov 30-Dec PRU LN Equity Prudential PLC 1548.5 1627.5 5.1% 5.29% -0.2%
    [Show full text]
  • Fund Profiles Series a ALL
    Mawer Global Small Cap Fund (Series A) As at March 31, 2018 Morningstar RatingTM: Fund Details What Does The Fund Invest In? The Fund invests primarily in equity and equity-related securities of Fund Managers: Christian Deckart, CFA, Ph.D smaller companies around the world with less than $3 billion USD in Paul Moroz, CFA market cap at time of purchase. The amount invested in any one country will vary depending upon individual company by company opportunities Fund Inception Date: October 2, 2007 in each area. The Fund will diversify through currencies, industries, and Fund Net Asset Value: $2,628.4 million countries to increase safety, and to increase the growth and liquidity of Total Net Asset Value (Series A): $772.1 million the investments. Treasury bills or short-term investments, not Net Asset Value Per Unit: $16.10 exceeding three years to maturity, may also be used from time to time. Number of Holdings1: 72 Investor Suitability Number of Countries1: 24 Investors seeking long-term, above average growth who can tolerate significant volatility. High risk. RRSP Eligibility Yes Management Expense Ratio: 1.76% (as at Dec 31, 2017) Investment Strategy In order to achieve its investment strategy objectives, the Manager Trading Expense Ratio2: 0.11% (as at Dec 31, 2017) systematically creates a broadly diversified portfolio of wealth-creating Fund Code: MAW150 companies with excellent management teams bought at discounts to Minimum Investment: $5,000 their intrinsic values. The Manager employs a highly disciplined, research-driven, bottom-up process and long-term holding period to Net Performance* 1 Yr 3 Yr 5 Yr 10 Yr allow for investor recognition or corporate growth, and to minimize transaction costs.
    [Show full text]
  • United Kingdom Small Company Portfolio-Institutional Class As of July 31, 2021 (Updated Monthly) Source: State Street Holdings Are Subject to Change
    United Kingdom Small Company Portfolio-Institutional Class As of July 31, 2021 (Updated Monthly) Source: State Street Holdings are subject to change. The information below represents the portfolio's holdings (excluding cash and cash equivalents) as of the date indicated, and may not be representative of the current or future investments of the portfolio. The information below should not be relied upon by the reader as research or investment advice regarding any security. This listing of portfolio holdings is for informational purposes only and should not be deemed a recommendation to buy the securities. The holdings information below does not constitute an offer to sell or a solicitation of an offer to buy any security. The holdings information has not been audited. By viewing this listing of portfolio holdings, you are agreeing to not redistribute the information and to not misuse this information to the detriment of portfolio shareholders. Misuse of this information includes, but is not limited to, (i) purchasing or selling any securities listed in the portfolio holdings solely in reliance upon this information; (ii) trading against any of the portfolios or (iii) knowingly engaging in any trading practices that are damaging to Dimensional or one of the portfolios. Investors should consider the portfolio's investment objectives, risks, and charges and expenses, which are contained in the Prospectus. Investors should read it carefully before investing. This fund operates as a feeder fund in a master-feeder structure and the holdings listed below are the investment holdings of the corresponding master fund. Your use of this website signifies that you agree to follow and be bound by the terms and conditions of use in the Legal Notices.
    [Show full text]
  • Fidelity® Variable Insurance Products: Overseas Portfolio
    Quarterly Holdings Report for Fidelity® Variable Insurance Products: Overseas Portfolio September 30, 2020 VIPOVRS-QTLY-1120 1.808774.116 Schedule of Investments September 30, 2020 (Unaudited) Showing Percentage of Net Assets Common Stocks – 99.4% Shares Value Shares Value Australia – 0.0% France – 9.8% National Storage (REIT) unit 1 $ 1 ALTEN (a) 88,970 $ 8,449,343 Amundi SA (b) 104,310 7,362,355 Austria – 0.3% Capgemini SA 116,920 15,044,843 Erste Group Bank AG 196,500 4,118,157 Dassault Systemes SA 55,500 10,395,088 Mayr‑Melnhof Karton AG 1,900 330,138 Edenred SA 245,353 11,046,302 Kering SA 21,108 14,047,007 TOTAL AUSTRIA 4,448,295 Legrand SA 142,900 11,423,089 LVMH Moet Hennessy Louis Vuitton SE 56,433 26,405,042 Bailiwick of Jersey – 1.3% Pernod Ricard SA 80,000 12,770,325 Experian PLC 320,000 12,023,801 Sanofi SA 223,515 22,398,850 Glencore Xstrata PLC 392,700 814,136 SR Teleperformance SA 58,360 18,036,614 Sanne Group PLC 991,298 8,403,827 Total SA 50,642 1,739,176 TOTAL BAILIWICK OF JERSEY 21,241,764 TOTAL FRANCE 159,118,034 Belgium – 0.7% Germany – 7.2% KBC Groep NV 208,968 10,483,744 adidas AG 51,764 16,756,703 UCB SA 7,200 818,839 Allianz SE 75,900 14,560,373 Bayer AG 136,853 8,442,973 TOTAL BELGIUM 11,302,583 Bertrandt AG 18,195 689,047 Delivery Hero AG (a) (b) 6,800 782,277 Bermuda – 2.0% Deutsche Borse AG 79,200 13,910,134 Credicorp Ltd.
    [Show full text]
  • Board Quarterly
    BOARD QUARTERLY A Review of Appointments to the FTSE 100 & FTSE 250 Boards Q1 2019 January to March 2019 Summary This first report for 2019 follows our analysis of the FTSE 350 board appointments in 2018 which we published in February. In that report, we pointed to a huge gap in the gender diversity achievements at the executive director level. We showed clearly that women now have more say in governance of the largest companies, but men still dominate the execution. That has not changed so far in 2019, and we didn’t expect that it would. Creating a more balanced profile in the executive director ranks with more female talent will require a determined and consistent focus at multiple levels, far beyond the effort that brought a better balance into the non-executive director ranks. In the first quarter of 2019, there were 110 appointments the boards of the FTSE 350 listed companies. This does not include “internal” moves amongst the non-executive directors, such as where one of the current board members is appointed as Senior Independent Director, but it does include all executive director appointments such as where the current CFO is appointed to the board. The 110 new appointments include 29 executive directors, generally CEOs and CFOs, and 81 non- executive directors. Only 4 (13.8%) of those executive director appointments were female. Amongst the 81 non-executive appointments however, 39 (48.1%) were female. We can break this down between the FTSE 100 and FTSE 250 appointments as follows: • Amongst the FTSE 100 companies, there were 10 (1 woman, 9 men) executive director appointments and 28 (14 women, 14 men) non-executive appointments.
    [Show full text]
  • Corporate Presentation
    Corporate Presentation June 2016 Contents Life sciences Seals Controls 1. Group Overview 2. Sector Review – Life Sciences 3. Sector Review - Seals 4. Sector Review - Controls 5. Strategy and Outlook Appendix: FY2016 - Half Year Results 01 1. Group Overview Group Overview Balanced portfolio of businesses Diploma PLC is an international group of specialised businesses supplying technical products and services to the following industries: Life sciences 31% of revenues Seals 42% of revenues Controls 27% of revenues FY 2015 figures 03 Group Overview Well diversified by geography North America Europe Rest of World Life Sciences 25% US 23% UK % % % Seals 46 46 Continental 8 Controls 1 1 1 of revenues 21% Canada of revenues 23% Europe of revenues ¹By destination FY 2015 figures 04 Our Business Model We want to make ourselves essential to our customers Essential Products Essential Solutions Essential Values = recurring income and = sustainable and = agility and responsiveness stable revenue growth attractive margins • Focus on essential • Highly responsive • Entrepreneurial culture products and services customer service • Decentralised • Funded by customers’ • Deep technical management model operating rather than knowledge and support • Decisions made close capital budgets • Value adding activities to the customer • “GDP plus” organic revenue growth 05 Financial KPIs Five Year Trends 2011 2012 2013 2014 2015 Revenue £230.6m £260.2m £285.5m £305.8m £333.8m Total growth +26% +13% +10% +7% +9% Organic growth +17% +6% +4% +8% +1% Operating margin 19.6% 20.3% 19.0% 18.5% 18.1% Working capital (% revenues) 16.1% 16.5% 16.7% 17.2% 17.0% Free cash flow £25.0m £32.7m £31.6m £37.8m £40.3m Cash conversion (%) 80% 88% 81% 93% 93% ROATCE 25.4% 26.6% 25.8% 25.8% 23.9% Average over CAGR REVENUE OPERATING ROATCE FREE CASH FLOW GROWTH MARGINS five years: CONVERSION 13% p.a.
    [Show full text]
  • Ief-I Q3 2020
    Units Cost Market Value INTERNATIONAL EQUITY FUND-I International Equities 96.98% International Common Stocks AUSTRALIA ABACUS PROPERTY GROUP 1,012 2,330 2,115 ACCENT GROUP LTD 3,078 2,769 3,636 ADBRI LTD 222,373 489,412 455,535 AFTERPAY LTD 18,738 959,482 1,095,892 AGL ENERGY LTD 3,706 49,589 36,243 ALTIUM LTD 8,294 143,981 216,118 ALUMINA LTD 4,292 6,887 4,283 AMP LTD 15,427 26,616 14,529 ANSELL LTD 484 8,876 12,950 APA GROUP 14,634 114,162 108,585 APPEN LTD 11,282 194,407 276,316 AUB GROUP LTD 224 2,028 2,677 AUSNET SERVICES 9,482 10,386 12,844 AUSTRALIA & NEW ZEALAND BANKIN 19,794 340,672 245,226 AUSTRALIAN PHARMACEUTICAL INDU 4,466 3,770 3,377 BANK OF QUEENSLAND LTD 1,943 13,268 8,008 BEACH ENERGY LTD 3,992 4,280 3,824 BEGA CHEESE LTD 740 2,588 2,684 BENDIGO & ADELAIDE BANK LTD 2,573 19,560 11,180 BHP GROUP LTD 16,897 429,820 435,111 BHP GROUP PLC 83,670 1,755,966 1,787,133 BLUESCOPE STEEL LTD 9,170 73,684 83,770 BORAL LTD 6,095 21,195 19,989 BRAMBLES LTD 135,706 987,557 1,022,317 BRICKWORKS LTD 256 2,997 3,571 BWP TRUST 2,510 6,241 7,282 CENTURIA INDUSTRIAL REIT 1,754 3,538 3,919 CENTURIA OFFICE REIT 154,762 199,550 226,593 CHALLENGER LTD 2,442 13,473 6,728 CHAMPION IRON LTD 1,118 2,075 2,350 CHARTER HALL LONG WALE REIT 2,392 8,444 8,621 CHARTER HALL RETAIL REIT 174,503 464,770 421,358 CHARTER HALL SOCIAL INFRASTRUC 1,209 2,007 2,458 CIMIC GROUP LTD 4,894 73,980 65,249 COCA-COLA AMATIL LTD 2,108 12,258 14,383 COCHLEAR LTD 1,177 155,370 167,412 COMMONWEALTH BANK OF AUSTRALIA 12,637 659,871 577,971 CORONADO GLOBAL RESOURCES INC 1,327
    [Show full text]
  • Equity Suggestions
    January 2020 Equity Suggestions Price 52 Week FTSE 100 COMPANIES 1/1/20 Yield High Low BEVERAGES Diageo PLC Ordinary Shares 3201p 2.1% 3634p 2689p CHEMICALS Croda International PLC Ordinary Shares 5120p 1.7% 5415p 4510p FINANCIAL SERVICES Schroders PLC Voting Shares 3334p 3.4% 3456p 2390p FOOD PRODUCERS Unilever PLC Ordinary Shares 4351p 3.3% 5333p 3905p FORESTRY & PAPER DS Smith PLC Ordinary Shares 384p 4.2% 398p 292p Smurfit Kappa Group PLC Ordinary Shares 2920p 3.0% 2976p 2028p HEALTHCARE PRODUCTS Smith & Nephew PLC Ordinary Shares 1833p 1.5% 1998p 1383p INDUSTRIALS Halma PLC Ordinary Shares 2116p 0.8% 2195p 1308p Spirax-Sarcro Engineering PLC Ord Shares 8890p 1.1% 9440p 5935p LIFE INSURANCE Prudential PLC Ordinary Shares 1449p 3.4% 1539p 1114p MEDIA RELX PLC Ordinary Shares 1906p 2.3% 2027p 1571p MINING BHP Group PLC Ordinary Shares 1777p 5.8% 2079p 1504p Rio Tinto PLC Ordinary Shares 4503p 5.7% 4977p 3393p OIL & GAS BP PLC Ordinary Shares 472p 6.5% 583p 461p Royal Dutch Shell B PLC Ordinary Shares 2240p 6.5% 2647p 2124p NONLIFE INSURANCE Admiral Group PLC Ordinary Shares 2309p 5.4% 2332p 1935p SUPPORT SERVICES DCC PLC Ordinary Shares 6544p 2.2% 7548p 5845p Experian PLC Ordinary Shares 2552p 1.4% 2641p 1800p Intertek PLC Ordinary Shares 5858p 1.7% 5982p 4583p TECHNOLOGY Rightmove PLC Ordinary Shares 634p 1.1% 677p 427p TRAVEL & LEISURE Carnival PLC Ordinary Shares 3644p 4.3% 4448p 3037p Compass Group PLC Ordinary Shares 1890p 2.1% 2150p 1576p UTILITIES National Grid PLC Ordinary Shares 944p 5.0% 970p 746p Severn Trent PLC Ordinary
    [Show full text]