Coventry Group Limited · ASX:CYG
Coventry — Shareholder Meeting (November 2025)
19 slides from Coventry's shareholder meeting presentation, Nov 21, 2025
Slide 1: FY25 AGM Presentation
FY25 AGM Presentation “Back to Basics” A return to profitable organic growth
Slide 2: Agenda
Agenda 01 02 03 04 05 FY25 Leadership Our YTD Summary Financial Strategy Update & Performance Outlook
Slide 3: Group Performance
Group Performance 400.0 370.8 358.5 364.6 350.0 FY25 Group Revenue 322.3 300.0 288.5 down 1.7% to 247.2 Revenue 250.0 202.3 $m 200.0 150.0 A$364.6m 100.0 50.0 0.0 FY19 FY20 FY21 FY22 FY23 FY24 FY25 25.0 20.8 20.0 15.5 17.0 FY25 Group EBITDA1 EBITDA1 down 40.9% to 15.0 13.4 12.3 $m A$12.3m 10.0 6.6 5
Slide 4: FY25 Segment Results
FY25 Segment Results Fluid Systems • Fluid Systems delivered sales of $147.4M for the year, a decrease of 7.4% compared to PY. Revenue EBITDA 1 • EBITDA¹ declined by 29.1%, to $13.4M (FY24 $19.0M). $147.4m $13.4m • Results impacted by: • D365 implementation -7.4% on FY24 -29.1% on FY24 • Cost base n
Slide 5: Our refreshed new & energised leadership team
Our refreshed new & energised leadership team Nik Alpert Chief Executive Officer Patrick Maloney Dan Lodder Brody Sewell Chris Smith Mike Wansink Nick Daw Colin Smith Nicola Ashton Chief Financial Chief Information General Manager- General Manager- General Manager- General Manager- Chief Executive G
Slide 6: Target Markets
Target Markets We operate in large fragmented markets There is significant upside opportunity for organic growth Mining & Infrastructure Building & Industrial & Other Markets Resources Construction Manufacturing Continued strong demand There will be significant Building and construction The manufact
Slide 7: Opportunities & Threats
Opportunities & Threats WA, QLD and SA Markets are strong with high Konnect AU & NZ, CFS and Drive profitable organic revenue demand from Mining, Resources and Head Office are stabilising growth, reduce costs and improve Infrastructure with major pain points fixed efficiency ERP MARKETS IMPLEMENTATI
Slide 8: Financial Performance improvement: The 6 Pillars
Sales Growth Profit Margin improvement Our “Back to Basics” Strategy Cost Reduction Cash Generation ERP System THE 6 PILLARS Debt Reduction Step Change in Financial Performance
Slide 9: Sales Growth
Our “Back to Basics” Strategy Sales Growth Market Share Growth Drive organic growth and deeper market penetration through our extensive branch network in Trade Distribution and Fluid Systems by: • Delivering value to our existing customers with exceptional products, service and support • Expanding a
Slide 10: Sales Growth: Geographical expansion
Our “Back to Basics” Strategy Sales Growth Geographical expansion New branches: • Three new Konnect branches were opened in July 25 (Ingleburn, Gosford, Belmont) Branch relocations and capacity expansion: • Three Konnect branches were upgraded (Rosebery, Wollongong and Bibra Lake) • Cooper Fluid Sys
Slide 11: Profit Margin Improvement
Our “Back to Basics” Strategy Profit Margin Improvement Buy and sell side initiatives Buy side initiatives: • Consolidated group purchasing • Streamlined freight and logistics • Stock close to the customer available when and where it is needed Sell side initiatives: • Delivering value to the custome
Slide 12: Cost Reductions
Our “Back to Basics” Strategy Cost Reductions Strategic execution of our $10M cost reduction target Right size the cost base of the organisation by removing annualised costs of $10M by the end of this financial year: • YTD we have reduced head count and general expenses resulting in annualised cost
Slide 13: Cash Generation
Our “Back to Basics” Strategy Cash Generation Financial discipline and optimised inventory control Plans actioned to reduce group inventory by a minimum of $5M by the end of this FY by: • Inventory Redistribution – reallocating inventory to where it sells • Reducing excess and obsolete inventory • I
Slide 14: Debt Reduction
Our “Back to Basics” Strategy Debt Reduction Capital allocation to reduce leverage • Tight controls on all spending including capital expenditure • Entitlement offer announced in September raised approximately $11.5M in cash • 65% allocated to working capital • 35% allocated to reduce debt
Slide 15: Systems
Our “Back to Basics” Strategy Systems Building a solid foundation for greater efficiency • What have we achieved so far: • Rolled out D365 across Konnect Australia, Konnect NZ and the Fluids business. • Customer facing issues have been mostly resolved. • System stability has significantly improved.
Slide 16: YTD October Performance – positive momentum shift from second half FY25
YTD October Performance – positive momentum shift from second half FY25 EBITDA 1 • Group sales up 8% on prior 4 months. • Group EBITDA 1 up 342% on prior 4 months. $4.0m • Cost-out initiatives are beginning to improve bottom line performance and are Prior 4 months ongoing. (March 25 to June 25) – $0
Slide 17: FY26 Outlook
FY 26 Outlook • We expect the run rate improvement shown in the first four months of FY26 compared to the final four months of FY25 to continue, supported by growth in sales and margins along with the benefits from our cost reduction initiatives. • The $20m EBITDA for FY26 previously guided to remai
Slide 18: Summary
Summary $10M annualised cost out Achieved a programme significant Clear short-term Focus on debt progressing Improved working initiatives to return reduction to capital with a core improvement in to growth. strengthen the focus on inventory financial First 4 months of performance in the balance shee
Slide 19: Thank you
Thank you C4) Coventry Group Ltd