Freightways Group Limited · NZX:FRW
Freightways — Shareholder Meeting (October 2010)
26 slides from Freightways's shareholder meeting presentation, Oct 28, 2010
Slide 1: Annual Shareholders Meeting 28 October 2010
Annual Shareholders Meeting 28 October 2010
Slide 2: Wayne Boyd, Chairman
Freightways Wayne Boyd, Chairman
Slide 3: Agenda
A d Agenda • Chairman’s Introduction • Managing Director’s Review and Trading Update • Resolutions 1
Slide 4: General Highlights
G General l Highlights Hi hli ht • Progressively improving performance, as evidenced by second half results • Express Package & Business Mail division again proved its resilience, resilience while introducing new services • Information Management division continues to grow, aided by: - recent invest
Slide 5: Half Year on Half Year EBITA Movements
H lf Year Half Y on Half H lf Year Y EBITA M Movements t 15% 10% 5% Change 0% -5% -10% -15% 1H07 2H07 1H08 2H08 1H09 2H09 1H10 2H10 Half Years* * FY09 amounts are normalised, normalised as per the earlier slide. slide 1
Slide 6: Financial Highlights
Fi Financial i l Highlights Hi hli ht Jun-10 Jun 10 Jun-09 Jun 09 Jun-09 Jun 09 Variance to $000 $000 $000 normalised (reported) (normalised) ** % Operating Revenue 328,469 339,491 333,491 (2%) EBITDA 63,742 70,548 65,048 (2%) EBITA 53,881 , 60,971 , 55,471 , ((3%)) NPAT* 28,858 34,593 29,508 (2%) *
Slide 7: Final Dividend
Fi l Dividend Final Di id d • Final dividend: 7.0 cps p • Imputation credits: 3.0 cps • Supplementary dividend: 1.23 cps • Record date: 17 September 2010 • Payment date: 30 September 2010 • No DRP offered in respect of the 2010 Final Dividend 1
Slide 8: Dean Bracewell, Managing Director Review and Trading Update
Dean Bracewell, Managing Director Review and Trading Update 1
Slide 9: Managing Director's Presentation
M Managing i Director’s Di t ’ Presentation P t ti • Industry overview and business description • Business strategy gy • Trading update • Outlook 1
Slide 10: Express Package & Business Mail Industry Overview and Business Description
Express Package & Business Mail I d t Overview Industry O i andd Business B i Description D i ti 1
Slide 11: Express Package Industry Overview
Express Package I d t O Industry Overview i • Services embedded in supply chains of businesses • Consolidated industry structure • Growth underpinned by demand for Just-in-Time supply • Market has expanded as postal operators transition traditional ‘ ‘parcel’ l’ volume l to ‘express ‘ packages’ k ’
Slide 12: Express Package & Business Mail Business Description
Express Package & Business Mail B i Business description d i ti Network Courier Point – to – Point Business Mail Support 1
Slide 13: Information Management Industry Overview and Business Description
Information Management I d t O Industry Overview i anddB Business i D Description i ti 1
Slide 14: Information Management Industry Overview
Information Management I d t O Industry Overview i • Accelerating growth opportunity driven by: - Demand for expert management of business data - Risk management - Compliance requirements - Lower cost outsourcing • Recurringg revenue streams • Consolidated industry structure 1
Slide 15: Information Management Business Description
Information Management B i Business Description D i ti New Zealand NSW VIC QLD ACT SA WA Document Storage Data Storage Document --- --- Destruction 1
Slide 16: Business Strategy
Business Strategy Hubs Shuttle Links Courier "Spoke" to/from area Geographic Area
Slide 17: Business Strategy
B i Business Strategy St t • Develop organic growth opportunities • Positioning, People, Performance, Profit • Explore complementary acquisition and alliance opportunities
Slide 18: Trading Update
T di Update Trading U d t
Slide 19: Operating Revenue
O Operating ti Revenue R 400 350 300 250 2nd Half $M 200 1st Half 150 100 50 - 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Year Ended 30 June • 10-year compound average annual revenue growth of 7%
Slide 20: EBITA
EBITA 70 60 50 40 2nd Half $M 30 1st Half 20 10 - 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Year Ended 30 June • 10-year compound average annual EBITA growth of 10%
Slide 21: Current Financial Performance
C Current t Fi Financial i l Performance P f Qtr ended 30 Septem ber 2010 2009 Variance $000 $000 % Revenue 85,381 81,756 4% EBITDA 15,410 15,100 2% EBITA 13,014 12,683 3% NPAT , 6,743 7,002 , ((4%)) NB - 2010 numbers NB: b are ddrawn ffrom unaudited dit d managementt acco unts t .
Slide 22: Outlook
Freightways Outlook
Slide 23: Outlook
O tl k Outlook • EP&BM division will benefit from a slowly improving domestic economy, albeit we must remain cautious until we see i improvement in i all ll businesses, b i which hi h is i not yet the h case • IM division will continue to benefit from recurring revenue streams and growing overall ma
Slide 24: Questions
Freightways Questions
Slide 25: Resolutions
R l ti Resolutions • Election of Directors • Authority to fix Auditors Auditors’ remuneration
Slide 26: Annual Shareholders Meeting 28 October 2010
Annual Shareholders Meeting 28 October 2010
Freightways Group — Shareholder Meeting (October 2010) on 6ix