ZAMBEEF | FY2018 Results Presentation
November 21st, 2018
Below is an extract from the 2018 September Full Year Results Presentation.
Introduction
Zambeef’s strategy is translating into improved results and the strategy will continue to be executed:
- Consistent revenue growth through expanding the retail network and driving the CCFP and stock feed operations;
- Margin improvements by investing capex in high margin parts of the business while tightly controlling administration costs;
- De-risking the business through reducing gearing and dollar debt and E&S/Food Safety strategies;
- Improving cash conversion from strong working capital control and tight control on Capex with effective managerial responsibility;
- Looking to turn assets where we are not best-in-class into cash, and redeploy the capital in higher return parts of the business.
- Return to dividend paying once cash flow permits.
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