10-year Total Shareholder Return1 comparison Accent and
ASX300 (30 June 2010 to 30 June 2020)
900%
Total Shareholder Return
since 30 June 2010:
800%
Accent Group: 20.4%
700%
(Annualised Return)
ASX300 Index: 9.2%
600%
(Annualised Return)
542.3%
500%
400%
300%
200%
142.1%
100%
0%
(100.0%)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
AX1
ASX300
Compound EPS growth of 12.3% over the past 10 years.
Strong cash generation and dividend growth of 21.7% since 2010.
A market leading digitally integrated consumer business with 19 websites, 16 owned and distributed brands, more than 500 points of distribution and over 6.8m contactable customers.
Approaching $1b of sales with a market leading position in the lifestyle and performance market.
Best in class margins through gross margin expansion initiatives and drive for cost efficiency.
Strong future growth initiatives through digital, new stores, vertical brands and new business to achieve market share growth in the $6 billion + performance and lifestyle
market segment in Australia and New Zealand.
Source: Bloomberg, Accent Filings.
1. Assumes 100% dividend reinvestment on the ex-dividend date.
Accent Group Limited FY2020 Results Presentation
3
3
Record FY20 profit1
Key Metrics
Pre AASB 16
Pre AASB 16
%
$'000's
FY20
FY19
Change
Group Sales (inc.
948,935
935,344
+1.5%
Franchisees)
EBITDA
121,658
108,853
+11.8%
EBIT
87,219
80,585
+8.2%
PBT
83,557
77,020
+8.5%
Digital Growth
69%
93%
Inventory
129,106
131,470
Net Debt
31,213
49,427
FY20 Full Year Dividend
9.25 cents
8.25 cents
+12.1%
1. The statutory results for FY20 reflect the adoption of the new accounting standard AASB 16 Leases. The Group has adopted AASB 16 using the modified retrospective approach and as a result the prior period comparatives have not been restated. To allow for comparable financial information, all FY20 results in this presentation are disclosed pre the application of AASB 16 ("Pre AASB 16") and exclude the impact of AASB 16. Refer to page 28 for a statutory view of the results
Accent Group Limited FY2020 Results Presentation
3
4
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Accent Group Limited published this content on 26 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 August 2020 08:26:03 UTC
Accent Group Limited is an Australia-based digitally integrated retailer and distributor of footwear. The Company operates approximately 786 stores and approximately 35 Websites across different retail banners, and distribution rights for 17 international brands across Australia and New Zealand. The Company's geographical segments include Australia and New Zealand. The Companyâs banners and brands include The Athleteâs Foot (TAF), Platypus Shoes, Hype DC, Skechers, Merrell, CAT, Vans, Dr. Martens, Saucony, Timberland, HOKA, Superga, Kappa, Palladium, Supra, Subtype, The Trybe, Stylerunner, Glue Store, Autry, and UGG. Its subsidiaries include The Athlete's Foot Australia Pty Ltd, RCG Brands Pty Ltd, RCG Retail Pty Ltd, TAF eStore Pty Ltd, Accent Store Development Pty Ltd, Hype DC Pty Ltd, Subtype Pty Ltd, Accent Active (NZ) Limited, TAF Hornsby Pty Ltd, and Accent Lifestyle (NZ) Limited.