Santova Limited · JSE:SNV
Santova — H1 2026 Earnings Presentation
20 slides from Santova's earnings presentation, Nov 3, 2025
Slide 1: Interim Results Presentation for the period ending 31 August 2025
INVESTOR ANALYST Interim Results Presentation for the period ending 31 August 2025 Presented by: Glen Gerber (CEO) and James Robertson (GFD) www.santova.com 3 November 2025
Slide 2: An International Technology Driven Supply Chain & Trade Solutions Specialist
An International Technology Driven Supply Chain & Trade Solutions Specialist Services • Supply chain management • Market research centre • Fulfilment centres, order fulfilment processing, last mile distribution • Express courier services • Project management services • Short-term insurance • Sourcin
Slide 3: Giving Context to Financial Performance
Giving Context to Financial Performance The period under review saw Group net profit before tax decrease by 22,3% to R67,2million, a difference of –R19,3million. Performance is not as a bad as it appears on face value. Execution of strategy and/or operational effectiveness remained sound, and strong
Slide 4: The Last Five Years in Perspective
The Last Five Years in Perspective Early 2020, initial pandemic shock accompanied by subdued demand and supply chain disruptions. 2020-2021, the pandemic period, saw a shortage of available containers, bottlenecks, port congestions and surging consumer demand. Container rates soared to an unpreceden
Slide 5: Freight Rate Index
Freight Rate Index WCI Trade Routes from Shanghai (US$ / 40ft) Source: Drewry Maritime Research (Container Forecaster) Source: Drewry World Container Index Containership charter market has broken records by experiencing a boom for most of the past five years. • Tight vessel availability and supply-s
Slide 6: North America
North America The "Achilles' heel" of Santova: Los Angeles • The offices and warehouse (lease) was part of the purchase of A-Link. • The facility is not suitable for Santova’s business model, hence Santova’s inability to generate revenue from the facility. • The lease was signed during ‘Covid highs’
Slide 7: South Africa Under Pressure
South Africa Under Pressure SA saw a decline in revenue of 3,4% to R84,1 million (-R2.9 million). However, the quantum is far greater when one takes into consideration the impact on our offshore offices, particularly Hong Kong. • International forces and domestic pressures have come together to adve
Slide 8: Top 20 Largest Down Trades
Top 20 Largest Down Trades Year on year comparison – 1 March to 31 August (2024 vs 2025) South African client base only Client Name Gross Profit Lost Reasons Client 1 -R3 095 162 Supply chain management services centralised offshore Client 2 -R2 434 288 Volumes down Client 3 -R2 398 493 Stopped trad
Slide 9: Client & Transaction Analysis
Client & Transaction Analysis March 2024 – August 2024 | March 2025 – August 2025 9
Slide 10: United Kingdom
United Kingdom • UK operations are holding up well through the addition of new clients. • Santova Logistics has been able to grow revenue 12,0% to R26,6 million (+R2.9million). • Tradeway (Shipping) has grown revenue by 23,0% to R54,6 million (+R10.3million). • SAI Logistics revenues declined 12,1%
Slide 11: Europe
Europe • The European region has held up well by showing year-on-year growth and/or increase in NPAT by 8,1% to R13,0 million. • Santova NL saw revenue increase by 5,5% to R51,0 (+R2.7million). • Germany increased revenue by 12,3% to R13,7 million (+R1.5million). • Seabourne’s EU operations are also
Slide 12: Asia Pacific
Asia Pacific • The Asia Pacific region reported a decline in revenue of 22,4% to R37,9 million (-R13million). • Hong Kong was impacted the most, revenue declining 33,6% to R16,0 million (-R8.1million). • Australia increasing revenue 7,1% to R15,5 million (+R1million). • Singapore saw revenue declini
Slide 13: Priorities for Growth & Current Challenges
Priorities for Growth & Current Challenges The UK Logistics Confidence Index 2025*, published by Barclays and BDO, highlight that in this challenging market, in order of priority, the following are important: 1. Controlling costs and increasing market share. 2. Growing market share through increasin
Slide 14: Looking Ahead
Looking Ahead • Santova remains a quality business. The difficult trading environment facilitates greater creativity, effective execution, greater efficiencies, and more customer-focused initiatives, all of which build and even stronger foundation for long-term success and resilience when conditions
Slide 15: Interim Results
INTERIM RESULTS For the period ending 31 August 2025 5 June 2024
Slide 16: Interim Results: Statement of Profit or Loss Analysis
Interim Results: Statement of Profit or Loss Analysis 31 August 31 August Move 2025 2024 R'000 R'000 % Inclusion of Seabourne for 3 months with warehouse and courier revenue REVENUE 477 451 300 902 58,7% recognised on a principal basis. Comparable revenue declined 1,6% due to declines in Africa, Asi
Slide 17: Interim Results: Operating Context
Interim Results: Operating Context 31 AUGUST 31 AUGUST Weighted Movement 2025 2024 average Mvmt R'000 R'000 % % AVERAGE EXCHANGE RATES Primary Operating Currencies Euro EUR 20,54 20,00 2,7% 1,0% Pound Sterling GBP 24,09 23,49 2,5% 1,5% US Dollar USD 18,10 18,46 (2,0)% 0,2% Australian Dollar AUD 11,6
Slide 18: Interim Results: Statement of Financial Position Analysis
Interim Results: Statement of Financial Position Analysis 31 AUGUST 28 FEBRUARY Move 2025 2025 R'000 R'000 % Cash and cash equivalents 381 654 486 186 (22)% Strong cash position post Seabourne deal. Low freight rates reducing working capital requirements. Current tax assets 14 933 741 1915% Provisio
Slide 19: Interim Results: Ratio Analysis
Interim Results: Ratio Analysis 19
Slide 20: Thank You
Australia France Germany Hong Kong THANK YOU Mauritius Mainland China Netherlands Questions & Singapore Discussion South Africa United Kingdom www.santova.com United States Thank you for your attendance and your continued support Vietnam