Excelsior Capital Ltd · ASX:ECL
Excelsior Capital — Shareholder Meeting (November 2022)
21 slides from Excelsior Capital's shareholder meeting presentation, Nov 10, 2022
Slide 1: Annual General Meeting 2022
ANNUAL For personal use only GENERAL MEETING 2022 Excelsior Capital Limited Thursday, 10 November 2022 1
Slide 2: Agenda
2022 ANNUAL GENERAL MEETING For personal use only Agenda Chairman’s Opening Comments Introductions and Formalities Items of Business Presentation 2
Slide 3: Chairman
2022 ANNUAL GENERAL MEETING Chairman For personal use only Danny re-joined the Board in April 2021 having previously served on the board as a Director of the company from 2007 to 2014 and 2019 and to 2022. Danny Herceg Danny is a senior corporate and commercial lawyer. Danny’s practice is focused on
Slide 4: Annual General Meeting Items of Business
2022 ANNUAL GENERAL MEETING For personal use only Annual General Meeting Items of Business 4
Slide 5: Financial Statements and Reports
2022 ANNUAL GENERAL MEETING Financial Statements and Reports For personal use only To receive and consider the Directors’ Report, Independent Auditor’s Report and the financial statements of the Company for the year ended 30 June 2022. Neither the Corporations Act 2021 (Cth) nor the Company’s consti
Slide 6: Resolution: Election of Mr Ryan Mount as a Director
2022 ANNUAL GENERAL MEETING Resolution 1 Election of Mr Ryan Mount as a Director For personal use only To consider and, if thought fit, to pass the following as a non-binding Ordinary Resolution The total of valid proxies received for Resolution 1 is 21,319,687 being: 17,049,629 FOR the resolution A
Slide 7: Resolution: Election of Mr Warwick Sauer as a Director
2022 ANNUAL GENERAL MEETING Resolution 2 Election of Mr Warwick Sauer as a Director For personal use only To consider and, if thought fit, to pass the following as a non-binding Ordinary Resolution The total of valid proxies received for Resolution 2 is 22,486,617 being: 7,850,846 FOR the resolution
Slide 8: Resolution: Remuneration Report
2022 ANNUAL GENERAL MEETING Resolution 3 Remuneration Report For personal use only To consider and, if thought fit, to pass the following as a non-binding Ordinary Resolution: The total of valid proxies received for Resolution 3 is 7,898,515 being: 2,483,027 FOR the resolution AGAINST the 5,384,028
Slide 9: Shareholder Presentation
For personal use only SHAREHOLDER PRESENTATION • 2022 ANNUAL GENERAL MEETING 9
Slide 10: Company Profile
2022 ANNUAL GENERAL MEETING For personal use only Company Profile 10
Slide 11: Company Profile
2022 ANNUAL GENERAL MEETING Company Profile For personal use only Excelsior Capital Limited (ASX:ECL) is a listed investment company made up of CMI Electrical Operations specialises in the manufacture two major business units, a Listed Investment Fund and CMI Electrical and distribution and design o
Slide 12: FY Financial Performance
2022 ANNUAL GENERAL MEETING For personal use only FY 22 Financial Performance 12
Slide 13: Financial Performance (Group)
2022 ANNUAL GENERAL MEETING Financial Performance (Group) For personal use only Period Ended 30 June FY22 FY21 CHANGE Revenue* $m 93.5 75.3 24% EBITDA $m 13.3 9.6 39% EBITDA Margin % 14.0 13.0 1pp NPAT $m 8.0 5.5 45% NPAT Margin % 8.6 7.2 1.4pp EPS cps 28.0 18.0 10cps ROE % 13.4 10.1 3.3pp Cost to I
Slide 14: CMI Electrical Operations results
2022 ANNUAL GENERAL MEETING CMI Electrical Operations results For personal use only FY22 results continued strong sales and earnings growth across both divisions of the CMI business. Period Ended 30 June FY22 FY21 CHANGE • Cable sales of $85.7m (FY21, $70.5m) up 22% as a result of new customers and
Slide 15: Investment Portfolio holdings
2022 ANNUAL GENERAL MEETING Investment Portfolio holdings For personal use only Asset Classes Period Ended 30 June Equities $0.325m 3% Trusts $3.2m • At 30 June 2022 the Investment Portfolio held a total of $21.4m at 30 June 13% 2022 including: Cash & Equiv. - $280k in unlisted equities; $17.9m 84%
Slide 16: Performance To Date and Outlook
2022 ANNUAL GENERAL MEETING For personal use only Performance To Date and Outlook 16
Slide 17: Performance Year to Date and Outlook
2022 ANNUAL GENERAL MEETING Performance Year to Date and Outlook For personal use only CMI Electrical Operations Results to September 22 (unaudited) Sept’22 Sept’21 CHANGE YTD YTD Revenue (Gross) $m 30.3 22.7 33% Revenue (Net) $m 27.7 20.4 36% EBITDA $m 3.9¹ 2.7 44% EBITDA Margin % 14.0 13.2 0.8pp P
Slide 18: Mining Sector Outlook
2022 ANNUAL GENERAL MEETING Mining Sector Outlook Australia’s resource and energy exports are forecast to reach $450 billion in 2022-23, For personal use only surpassing last year’s record of $422 billion in 2021-22. Driving the current surge in resource and energy is a spike in commodity prices and
Slide 19: Infrastructure Project Spending Outlook
2022 ANNUAL GENERAL MEETING Infrastructure Project Spending Outlook For personal use only Excelsior is positioned to benefit from the Australian Government’s The Federal Government stated in its final Budget that record levels of large scale infrastructure and development projects in infrastructure
Slide 20: Shareholder Questions
For personal use only SHAREHOLDER QUESTIONS 20
Slide 21: Important Notice Disclaimer
2022 ANNUAL GENERAL MEETING Important Notice For personal use only DISCLAIMER Information, including forecast financial information, in this presentation, should not be considered as a recommendation in relation to holding, purchasing or selling shares, securities or other instruments in Excelsior C
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