Adrad Holdings Limited · ASX:AHL
Adrad — Shareholder Meeting (November 2022)
14 slides from Adrad's shareholder meeting presentation, Nov 21, 2022
Slide 1: AGM Presentation November 2022
For personal use only AGM PRESENTATION Visit NOVEM BER Now 2022 adradholdings.com.au
Slide 2: Disclaimer
Disclaimer 2 For personal use only This presentation is provided for information purposes only. The information in this presentation is in a summary form, does not purport to be complete and is not intended to be relied upon as advice to investors or other persons. The information contained in this
Slide 3: Overview of Adrad
Overview of Adrad 3 For personal use only $130.4m1 $16.4m1 $10.8m1 475 16 FY22 Revenue FY22 EBITDA FY22 NPAT Employees Warehouses across Australia, NZ, Thailand Adrad is an Australian-based business specialising in the design and manufacture of innovative heat transfer solutions for industrial appli
Slide 4: Key attributes
Key attributes 4 LEVERAGING OUR STRONG HISTORY IN MANUFACTURING AND KNOWLEDGE OF HEAT EXCHANGERS For personal use only Designer of heat Significant growth Design and High quality and diverse Strong financial track transfer technologies opportunities in a large manufacturing customer base record addr
Slide 5: 1. Continued expansion in Thailand
Key growth initiatives 5 1. CONTINUED EXPANSION IN THAILAND For personal use only Established second factory in Thailand with coil production capabilities (and other products) for the Powergen sector in Southeast Asia First project underway ~$0.6 million total order value Strong sales Follow-up orde
Slide 6: 2. Continued Aftermarket expansion – growing customer base
Key growth initiatives 6 2. CONTINUED AFTERMARKET EXPANSION – GROWING CUSTOMER BASE For personal use only Increased footprint ~$0.9 m 4 FY23 YTD Additional Additional sales new generated via new locations warehouses ~150-200 new accounts per month continued growth of mechanical workshop customer bas
Slide 7: 3. Continued Aftermarket expansion – growing product range
Key growth initiatives 7 3. CONTINUED AFTERMARKET EXPANSION – GROWING PRODUCT RANGE For personal use only Radiators and automotive air conditioning product remain our cornerstone focus Developing the mechanical workshop channel to market enables leveraging our product sourcing and distribution infra
Slide 8: 4. Driving margin improvement - transitioning production to Thailand
Key growth initiatives 8 4. DRIVING MARGIN IMPROVEMENT - TRANSITIONING PRODUCTION TO THAILAND For personal use only TRANSITION TO THAILAND ▪ Transitioning production from Australia to Thailand is a key initiative to drive margin growth PRODUCTION UNDERWAY ▪ Commenced production of radiator panels in
Slide 9: 5. Driving margin improvement – expanding Thailand factory
Key growth initiatives 9 5. DRIVING MARGIN IMPROVEMENT – EXPANDING THAILAND FACTORY For personal use only Additional space required to facilitate the transition of production from Australia to Thailand Takes advantage of lower production cost Assists with margin expansion over time Building works cu
Slide 10: 6. Innovative product development
Key growth initiatives 10 6. INNOVATIVE PRODUCT DEVLOPMENT For personal use only OE PROJECT LIFECYCLE DEVELOPMENT OF OUR GROMMETED SINGLE TUBE PRODUCT “ALUFIN” CONTINUES Application Product Manufacturing Aftersales Engineering Development ▪ We are close to securing a contract for the development and
Slide 11: Disciplined Growth Capital Allocation
Disciplined Growth Capital Allocation 11 ~$8.1M OF UPCOMING CAPEX For personal use only A$m Growth Maintenance THAILAND Building Expansion 1.0 0 Fabrication Equipment 1.6 0.4 Other equipment 0.8 0.6 OE AUSTRALIA Fabrication Equipment 1.8 1.0 AFTERMARKET Material handling 0.4 0 Motor vehicle upgrades
Slide 12: Strong Pipeline of Opportunities
Strong Pipeline of Opportunities 12 FY23 KEY ACHIEVEMENTS & TARGETS For personal use only Secured a $7.5m contract Final stage negotiations Supplying cooling packages to support back up power generation To supply prototype cooling packages for trial by a major global OEM projects with delivery over
Slide 13: FY23 Outlook
FY23 Outlook 13 For personal use only COMMENTARY • Following on from the positive end to FY22, the initial start to FY23 has been inline with management expectations • Q1 is historically the lowest trading quarter for the business - trading is weighted towards Q2- Q4. • Aftermarket segment remains s
Slide 14: Thank You
14 For personal use only THANK YOU Address 26-50 T HHowards A N K Y O U Rd, Beverley SA 5009 Contact Don Cormack (CEO) Phone: +61 8 8243 9876 Fax: +61 8 8347 7245 Email: investor@adrad.com.au Web: www.adradholdings.com.au Investor Relations Melanie Singh +61 439 748 819 melanie@nwrcommunications.com