Slide 1: Freightways Annual Shareholders Meeting
Freightways Annual Shareholders Meeting 30 October 2014
Slide 2: Sue Sheldon, Chairman
Sue Sheldon, Chairman Annual Shareholders Meeting | 30 October 2014 2
Slide 3: Agenda
AGENDA Chairman’s Introduction Managing Director’s Review and Trading Update Resolutions Annual Shareholders Meeting | 30 October 2014 3
Slide 4: Financial Highlights - 2014
Financial Highlights - 2014 Jun-14 Jun-13 Increase $M $M % Operating Revenue 432.3 406.1 6.4% EBITDA* 83.9 77.2 8.7% EBITA* 72.0 65.0 10.7% NPAT* 43.0 38.3 12.2% NPATA* 44.0 38.6 14.0% * Jun-14 excludes a non-recurring $1.25m expense relating to an upcoming acquisition earn-out payable ($1.25m after
Slide 5: Express Package & Business Mail - 2014
Express Package & Business Mail - 2014 Jun-14 Jun-13 Increase $M $M % Operating Revenue 331.9 308.3 7.7% EBITDA* 60.7 54.8 10.8% EBITA* 54.5 48.8 11.7% EBITA Margin* 16.4% 15.8% * Jun-13 excluded a non-recurring amount of $1m relating to an acquisition earn-out payment that was not expected to be pa
Slide 6: Information Management - 2014
Information Management - 2014 Jun-14 Jun-13 Increase $M $M % Operating Revenue 102.7 99.9 2.8% EBITDA* 24.4 23.2 4.8% EBITA* 20.1 18.5 8.4% EBITA Margin* 19.5% 18.5% * Jun-14 excludes a non-recurring $1.25m expense relating to an upcoming acquisition earn-out payable ($1.25m after tax). Jun-13 exclu
Slide 7: Final Dividend - 2014
Final Dividend - 2014 Final dividend: 11.25 cps Imputation credits: 4.375 cps (at 28% tax rate) Supplementary dividend: 1.9853 cps Record date: 19 September 2014 Payment date: 6 October 2014 No DRP was offered in respect of the 2014 Final Dividend 1 Annual Shareholders Meeting | 30 Octob
Slide 8: 50 Year Anniversary New Zealand Couriers
New Zealand Couriers 50 Year Anniversary th Annual Shareholders Meeting | 30 October 2014 8
Slide 9: Dean Bracewell, Managing Director
Dean Bracewell, Managing Director Review and Trading Update Annual Shareholders Meeting | 30 October 2014 9
Slide 10: Managing Director's Presentation
Managing Director’s Presentation Industry Overview and Business Description Business Strategy Trading Update Outlook Annual Shareholders Meeting | 30 October 2014 10
Slide 11: Express Package & Business Mail
Express Package & Business Mail Annual Shareholders Meeting | 30 October 2014 11
Slide 12: Express Package & Business Mail
Express Package & Business Mail Network Courier Point-to-Point Business Mail Support Annual Shareholders Meeting | 30 October 2014 12
Slide 13: Information Management
Information Management Annual Shareholders Meeting | 30 October 2014 13
Slide 14: Information Management
Information Management New Zealand Australia Document Storage Data Storage Document Destruction Annual Shareholders Meeting | 30 October 2014 14
Slide 15: Business Strategy
Business Strategy Annual Shareholders Meeting | 30 October 2014 15
Slide 16: Business Strategy
Business Strategy Develop organic growth opportunities Diversification: - Industry - Geography Explore complementary acquisition and alliance opportunities Positioning, People, Performance, Profit Annual Shareholders Meeting | 30 October 2014 16
Slide 17: Trading Update
Trading Update Annual Shareholders Meeting | 30 October 2014 17
Slide 18: Operating Revenue
Operating Revenue 500 400 300 $M 200 100 - 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Year Ended 30 June 2nd Half 1st Half Annual Shareholders Meeting | 30 October 2014 18
Slide 19: EBITA
EBITA* 80 70 60 50 $M 40 30 20 10 - 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Year Ended 30 June 2nd Half 1st Half * This graph represents the operating profit before interest, tax and amortisation of intangibles, exclusive of any non-recurring items Annual Shareholders Meeting | 3
Slide 20: Consolidated Financial Performance
Consolidated Financial Performance (Quarter ended 30 September 2014) Excluding extra 5 Quarter ended: trading days: Sep-14 Sep-13 Increase Sep-14 Increase $000 $000 % $000 % Operating 122,299 104,691 16.8% 115,299 10.1% Revenue EBITDA 24,406 19,231 26.9% 22,406 16.5% EBITA 21,345 16,327 30.7% 19,345
Slide 21: Express Package & Business Mail
Express Package & Business Mail (Quarter ended 30 September 2014) Excluding extra 5 Quarter ended: trading days: Sep-14 Sep-13 Increase Sep-14 Increase $000 $000 % $000 % Operating 94,276 80,050 17.8% 88,276 10.3% Revenue EBITDA 17,881 13,466 32.8% 16,381 21.6% EBITA 16,299 12,057 35.2% 14,799 22.7%
Slide 22: Information Management
Information Management (Quarter ended 30 September 2014) Excluding extra 5 Quarter ended: trading days: Sep-14 Sep-13 Increase Sep-14 Increase $000 $000 % $000 % Operating 28,795 25,219 14.2% 27,795 10.2% Revenue EBITDA 6,997 5,920 18.2% 6,497 9.7% EBITA 5,914 4,823 22.6% 5,414 12.3% EBITA Margin 20
Slide 23: Outlook
Outlook Annual Shareholders Meeting | 30 October 2014 23
Slide 24: Outlook
Outlook The overall positive performance evident in this 1st quarter result underpins our expectation of year-on-year earnings growth in 2015, subject to business factors beyond our control Express Package & Business Mail: - We remain encouraged by the increased activity amongst our existing cus
Slide 25: Questions
Questions Annual Shareholders Meeting | 30 October 2014 25
Slide 26: Resolutions
Resolutions Re-election of Director Approval of Directors’ Fees Authority to fix Auditors’ Remuneration Annual Shareholders Meeting | 30 October 2014 26
Slide 27: Freightways Annual Shareholders Meeting
Freightways Annual Shareholders Meeting 30 October 2014