Cti Logistics Limited · ASX:CLX
Cti Logistics — Investor Presentation (October 2012)
29 slides from Cti Logistics's investor presentation, Oct 17, 2012
Slide 1: Corporate presentation cover letter
ABN 69 008 778 925 For personal use only 1 Drummond Place West Perth WA 6005 Postal Address PO Box 400 West Perth Western Australia 6872 Telephone (08) 9422 1100 Facsimile (08) 9227 8000 Email corporate@ctilogistics.com Web www.ctilogistics.com 16 October 2012 CTI Logistics Limited is pleased to att
Slide 2: For personal use only
For personal use only
Slide 3: 2012 Highlights
2012 Highlights For personal use only Revenue up by EBITDA up by 20.6% NPAT up by 18.2% 33.5% Acquired Action Couriers, one of the Earnings Per share Dividends per share largest independent up by 18.2% up 30% courier companies in Perth Commenced Increased our Increased our construction of our occupi
Slide 4: Key Financials
Key Financials For personal use only • 2012 - $96,751,645 * Revenue • 2011 - $72,499,159 • Up 33.5% • 2012 - $15,243,342 EBITDA • 2011 - $12,643,664 • Up 20.6% • 2012 - $7,332,490 NPAT • 2011 - $6,204,964 • Up 18.2% * Includes revenue of $7,941,569 for Action Couriers – purchased August 2011 3
Slide 5: Key Financials
Key Financials For personal use only • 2012 - 12.41 cents EPS • 2011 - 10.50 cents * • Up 18.2% • 2012 - 6.50 cents DPS • 2011 - 5.00 cents * • Up 30.0% • 2012 – 33,371,907 NTA • 2011 – 31,966,066 • Up 4.4% * Adjusted for the bonus issue June 2012 4
Slide 6: Background
Background For personal use only • Publicly listed company since 1987 • Transport and Logistics origins date back to History 1974 • 600 vehicles on the road in WA Employees and • 415 Employees – 20% with more than 10 years’ Independent employment Contractors • 540 Dedicated Independent Contractors M
Slide 7: Directors
Directors For personal use only David Watson •Executive Chairman and founder •Joint Managing Director and Company Secretary - David Mellor has been with the group since 1978 and is responsible for the group’s finances and accounts •Joint Managing Director and manager of operations Bruce Saxild - has
Slide 8: Market Leader
Market Leader For personal use only Transport Supply Chain Security Services Logistics Largest on demand Market leader in the courier service provider in supply of third party WA contract and overflow warehousing in WA Largest independent A1 grade security monitoring Market leader in AQIS station in
Slide 9: Corporate Dashboard
Corporate Dashboard For personal use only Corporate Information ASX Code CLX Shares on Issue 60.3M Options on Issue nil Share Price @ 11.10.12 $1.35 Market Capitalisation $81.4M Number Shareholder of Shares Percentage David R Watson 28,332,803 46.97% David A Mellor 3,926,208 6.51% Bruce E Saxild 3,1
Slide 10: Principal Activities
Principal Activities Supply Chain Logistics Transport Services For personal use only Warehousing and Distribution On Demand Couriers Third Party Overflow Warehousing Parcel Distribution Contracted Distribution Centre Services On Demand Taxi Trucks Pick and Pack Handling Dedicated Fleet
Slide 11: Couriers
Couriers For personal use only On demand courier In excess of 16,000 services to the Perth individual courier jobs market completed per week Vehicles range from CTI controls around 35% pushbikes in the CBD up of the on demand to two tonne flat top and courier deliveries in Perth enclosed vehicles 10
Slide 12: Parcel Distribution
Parcel Distribution For personal use only Same day and overnight parcel distribution Foxline Express Parcels covering Perth operates a four runs a metropolitan area – in day pick up and delivery excess of 9,500 parcels a service day CTI Xpress operates a CTI controls around 40% one and two runs a da
Slide 13: Taxi Trucks
Taxi Trucks For personal use only On demand and daily hire of vehicles ranging from two tonne flat tops Wharf cartage and side and enclosed vehicles loader services up to road train combinations Specialist vehicles CTI controls around 30% including crane trucks, of the on demand taxi tail lifts and
Slide 14: Transport – Fleet
Transport – Fleet Services For personal use only Supply contracted vehicles and drivers on a permanent basis 13
Slide 15: Transport
Transport For personal use only Freight Services Air and road freight services for intrastate, interstate and international consignments Daily service to the South West of the State Services range from satchels to bulk freight 14
Slide 16: Logistics – Warehousing
Logistics Warehousing For personal use only In excess of Storage and In excess of 77,000 sqm of distribution – 116,000 sqm of under cover contract and hardstand warehousing overflow services storage space Dangerous goods Pallet and bulk Pick and pack storage item storage services Distribution In exc
Slide 17: Logistics – Minerals and Energy Logistics
Logistics For personal use only Minerals and Energy Logistics Leading supplier of quarantine shrink-wrapping services Cleaning of plant and equipment Fumigation and spraying A preferred supplier to the Chevron Gorgon project 16
Slide 18: Logistics – Supply Base Services
Logistics For personal use only Supply Base Services Warehousing and storage for mining related clients Supply of warehouse and yard labour Supply of plant and equipment Supply of transport services Cleaning, shrink-wrapping and fumigation 17
Slide 19: Minerals and Energy Clients
Minerals and Energy Clients For personal use only 18
Slide 20: Logistics – Wine Distribution
Logistics For personal use only Wine Distribution 5,400 square metres of temperature-controlled warehouse space Temperature-controlled delivery system Pick and pack from single bottles to full pallets Supply chain services from winery to end user - locally, intrastate and international 19
Slide 21: Logistics – Document Storage and Destruction
Logistics For personal use only Document Storage and Destruction Storage and management of documents, computer media and mineral core samples On site confidential destruction of records All destroyed records are recycled 20
Slide 22: Security
For personal use only Security A1 Graded monitoring control room manned 24 hours 7 days a week In excess of 16,000 lines monitored Specialising in electronic security, CCTV and access control Servicing both residential and small to medium commercial markets 21
Slide 23: Plastics Manufacturing
For personal use only Plastics Manufacturing Manufacture of PVC injection moulded plumbing fittings 130 individual product lines Produce in excess of 7 million fittings per annum 74% of product sold in the Eastern States 26% of product sold in Western Australia 22
Slide 24: Financials
Financials For personal use only Revenue Profit $100,000,000 $17,500,000 $80,000,000 $15,000,000 $12,500,000 $60,000,000 $10,000,000 $40,000,000 $7,500,000 $20,000,000 $5,000,000 $0 $2,500,000 2009 2010 $0 2011 2012 2009 2010 2011 2012 2009 2010 2011 2012 PAT $4,166,998 $4,730,893 $6,204,964 $7,332,
Slide 25: Financials
Financials For personal use only Net cash inflow EPS and DPS $8,000,000 $7,000,000 $0.1400 $6,000,000 $0.1200 $5,000,000 $4,000,000 $0.1000 $3,000,000 $0.0800 $2,000,000 $0.0600 $1,000,000 $0 $0.0400 2009 2010 2011 $0.0200 2012 $0.0000 2009 2010 2011 2012 2009 2010 2011 2012 2009 2010 2011 2012 Net
Slide 26: Financials by Segment
Financials by Segment For personal use only 2011 Revenue 2012 Revenue Other $9.8M Other $10.5M Property (10%) Property (15%) $0.8M (1%) $0.7M (1%) Logistics $24.0M Logistics (25%) $13.8M (19%) Transport Transport $61.5M (64%) $46.8M (65%) 2012 PBT 2011 PBT Other $1.0M Property $0.4M Other $0.5M (4%)
Slide 27: Balance Sheet
Balance Sheet 30 June 30 June 2012 2011 For personal use only $ $ ASSETS Cash and cash equivalents 1,407,492 693,789 Trade and other receivables 17,354,887 11,562,849 Inventories 2,733,503 2,260,041 Total current assets 21,495,882 14,516,679 Property, plant and equipment 45,604,346 * 43,089,637 Defe
Slide 28: Strategy
Strategy For personal use only Continue the development of our minerals and energy division by aggressively targeting key contractors to the major projects in the WA Continue to fine tune and increase our parcel distribution foot print through the use of technology and route planning efficiencies to
Slide 29: Outlook
Outlook 2013 Financial Year Initiatives For personal use only Commission and make profitable our new Hazelmere distribution centre which will be operational in January 2013 Commission new security software platform to improve back room efficiencies and to allow for growth Continue development of par