2013
HOW do we
stack up?
LOWEST PRICE
$1.11
*
PLUS
Per tray
packing
price
No charge
for Class 2
Rejects
*Based on the base packing rate of $1.31 less 20¢ per tray rebate
to be paid in June 2013. Relates to Hayward and G3 varieties.
Other reject charges may apply.
HIGHER RETURNS
$5.00
$4.50
(F) Forecast
$4.69
$4.13
$4.09
$4.43
$4.68
63¢
$4.00
Join us for the 2013 season. Freephone: 0800 TOP OGR | www.eastpack.co.nz
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DEC
2012 –
(F)
2011 –
0
2010 –
$3.50
2009 –
Leading the industry
Industry
2008 –
OGR
Actual Green OGR
EastPack
Operational
Efficiency
Continuous
A philosophy of operational
Improvement
excellence allows us to
• Maximise efficiency
offer our growers the lowest
• Maximise QUALITy
packing price in the industry By adopting LEAN manufacturing
principles we have achieved huge
operational savings which are
passed on to our Growers in the
form of a rebate and low packing
costs. Streamlining our processes,
enables us to keep our costs at a
minimum without compromising
quality.
STATE OF
THE ART
INNOVATION
28
Stacking and
strapping
robots
o
o
operational
savings over
THE PAST four
years
EastPack leads the industry
by being the first to integrate
robotic technology into stacking
and strapping, providing gentle
stacking and reduced post
harvest costs.
RFID
Tracking
RFID tracking of your fruit from
the packhouse to the coolstore
means our inventory management
is streamlined to maximise nett
storage revenue.
Join us for the 2013 season. Freephone: 0800 TOP OGR | www.eastpack.co.nz
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Operational
Efficiency
Packing
Inmarket
2012 –
Class 1 Recovery
We understand the importance
of maximising Class 1 packout
for our growers. EastPack
operates a Class 1 recovery
system where graders are
positioned on Class 2 belts
to ensure all fruit has every
opportunity of reaching a
Class 1 tray.
Cool
Storage
Shipping
2011 –
EastPack has the largest post
harvest fruit processing facility
In the Southern Hemisphere.
Our daily packing capacity
of >450,000 trays is further
enhanced by 34 modern
Controlled Atmosphere (CA)
rooms. This means your fruit
can be packed as soon as its
ready.
Cure
Growing
2010 –
Serious Capacity
Anthony Pangborn
Technical Manager - Fruit Quality
Harvest
2009 –
12%
10%
8%
6%
4%
2%
0
Industry
2008 –
EastPack
2007 –
Our commitment
to fruit quality
begins on orchard
and goes all the
way through to
the market
Green Fruit loss
2006 –
World Class
Orchard to Market
Loadout
Join us for the 2013 season. Freephone: 0800 TOP OGR | www.eastpack.co.nz
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Financial
Performance
A strong balance
sheet and operational
efficiency contributes
to EastPack’s on-going
financial stability
How do we
stack up?
$
$
$
$
$
20C
PER TRAY REBATE
Paid to Transactor Shareholder
Growers in June 2013 EastPack’s
20¢ per tray rebate gives your
bank account a boost just when
you need it most.
Low Company
Debt
Independently Verified Results
It’s important to know how different post harvest operators calculate
their OGR results. We aim to be totally transparent with how we calculate
and publish our OGR so have asked an international accountancy firm to
independently verify them.
We can also arrange for your own results to be similarly audited to make
it easier for you to make accurate and relevant OGR comparisons.
EastPack has been able to keep
debt well below many others in the
industry. Growers can be confident
in the financial stability of the
company. This enables Growers to
enjoy the most competitive post
harvest charges in the industry.
Debt per tray
EastPack
(F) Forecast
$2.0
$1.6
$1.2
$0.8
Join us for the 2013 season. Freephone: 0800 TOP OGR | www.eastpack.co.nz
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2012 –
(F)
2011 –
2010 –
2009 –
2008 –
2007 –
$0.0
2006 –
$0.4
Grower
Revenue
OGR
Leading the
field year-in,
year-out
GOLD OGR per tray
EastPack
Industry
(F) Forecast
$11
At EastPack your
ogr is our number
one priority and
we’re proud to
consistently lead
the industry
$10.14
$10
$9.98
$9
$8
$7
DEC
2012 –
(F)
2011 –
2010 –
2009 –
2008 –
$6
ORGANIC OGR per tray
EastPack
Industry
(F) Forecast
Green OGR per tray
(F) Forecast
$7.50
$7.01
$7.00
$5.00
$4.68
$6.50
$4.50
$6.13
$3.50
DEC
2012 –
(F)
2011 –
2010 –
2009 –
2008 –
2007 –
2006 –
$3.00
Join us for the 2013 season. Freephone: 0800 TOP OGR | www.eastpack.co.nz
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2011 –
2010 –
2008 –
$4.33
$4.00
2009 –
$6.0
DEC
2012 –
(F)
Industry
EastPack
o
100
Grower Owned
o
EastPack is the only
post harvest operator
that is owned by all
of its growers
Not only do 100% of
profits get returned to
Growers, but Growers
contribute a great deal
to the on-going success
of the company.
“All Growers share in
the company’s success”
Sth Auckland
Katikati
Our experienced and skilled
staff throughout Te Puke,
Edgecumbe, Opotiki, Katikati,
Waikato, Hawke’s Bay,
Coromandel and South
Auckland put Growers at
the heart of everything
they do.
Waikato
Tony Hawken
EastPack CEO
Coromandel
Te Puke
Opotiki
Edgecumbe
grower numbers
In 2012 EastPack were pleased
to welcome 55 new grower
kpin’s into the company. When
surveyed, these growers sited the
following reasons as influential in
their decision to join EastPack:
Hawke’s
Bay
1.They liked the Grower-Owned
structure.
% Increase in Class 1 Tray Submitted Volumes
Industry
EastPack
250%
3.They were impressed with
how modern and efficient the
Packhouse appeared during a
site visit.
200%
150%
4.They had compared packing
charges with other facilities
and found EastPack to be the
most competitive.
100%
50%
5.After reviewing alternatives
EastPack’s OGR performance
was superior to the others.
2012 –
2011 –
2010 –
2009 –
2008 –
2007 –
2006 –
2005 –
2004 –
2003 –
2002 –
2001 –
2000 –
0%
-50%
2.Family and friends had spoken
highly about EastPack’s service
and expertise.
Join us for the 2013 season. Freephone: 0800 TOP OGR | www.eastpack.co.nz
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o
100
Grower Owned
o
.25
$0.20
.20
.15
.10
rowers packing with EastPack for the first time in
G
2013 will need to purchase one share ($1.00) prior to
packing.
Grower satisfaction SURVEY
There will be no share call on Transactor shares for
the 2013 packing season.
Continuous improvement in satisfaction
year after year.
100%
Investor Shares
Dividends paid over the past few years have ranged
from 13 cents to 15 cents (in 2012) gross per share.
80%
For full details about these shares refer to EastPack’s
Investment Statement, available from our website.
60%
40%
20%
0
2010
2011
2012
Join us for the 2013 season. Freephone: 0800 TOP OGR | www.eastpack.co.nz
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2013 –
(F)
2012 –
2011 –
2010 –
2009 –
0
2008 –
.5
For 2013, all Transactor trays will receive 20 cents per
tray rebate, payable no later than 20 June 2013.
Any further profit distribution will be decided by
directors after 20 June 2013.
2.
.30
2007 –
1.
Transactor Shares
(F) Forecast
.35
2006 –
EastPack has two
types of shares:
Rebate RETURNS TO GROWERS
$ per tray
EastPack
shareholding in
a nutshell
Technical
Expertise
Maximise
orchard
production
and profit
Experienced Support
and Technical Advice
EastPack has an experienced, knowledgeable and technically
focussed Service Team and with 1 Service Rep to every
900,000 trays you can feel confident that we will be there
when you need us.
David, Jacki and Braden are part of
our 25 strong Grower Services, Orchard
Management and Technical Team.
Field Days
In order to communicate new research findings, technical
concepts and to demonstrate new orchard practices
EastPack holds regular field days, workshops and seminars.
These EastPack events are excellent opportunities to discuss,
learn and improve orchard performance.
Structured
Orchard Visits
Each season EastPack growers receive 6 Structured Orchard
Visits (SOV’s) which address up-coming orchard based
activities at critical times. This assists growers in their
seasonal planning in pursuit of outstanding production.
Management Lease
Options
We offer highly skilled and cost-effective orchard
management and lease services which can be tailored
to specific Grower requirements.
Join us for the 2013 season. Freephone: 0800 TOP OGR | www.eastpack.co.nz
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