Helloworld Travel Ltd · ASX:HLO
Helloworld Travel — Shareholder Meeting (October 2024)
37 slides from Helloworld Travel's shareholder meeting presentation, Oct 25, 2024
Slide 1: ASX cover letter for 2024 AGM presentation
25 October 2024 The Manager Market Announcements Office ASX Limited Level 4, 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam, Please find attached a copy of the CEO address, and AGM Presentation to be presented at Helloworld Travel Limited’s 2024 Annual General Meeting, being held today at 11:00am A
Slide 2: CEO’s Address
CEO’s Address Sydney, 25 October 2024 Thank you, Garry. And thank you for joining us at our AGM this morning here in Sydney and for your continued support of Helloworld Travel Limited. The Demand for Travel Professionals The services of professional travel agents remains highly valued by travellers
Slide 3: Highlights from FY24
in between there are members of the Helloworld retail and broker networks to meet and exceed the service demands of travellers. To help grow personnel numbers for our agents, Helloworld launched the Helloworld Travel Academy in Australia in May 2022 and in NZ in March 2023. Since then, we have seen
Slide 4: Strong Performance of MTA
to perform well in FY25. Put and call options are in place that provide a mechanism for Helloworld to acquire the remaining 60% of PHT over a number of years. Strong Performance of MTA The Group currently holds a 50% ownership interest in Mobile Travel Agents (MTA). MTA offers home-based travel cons
Slide 5: Technology developments and marketing
We have enhanced our wholesale and inbound travel agent booking platforms via Mango (Australia) and GoNet (New Zealand) by creating easier navigation tools and improvements to the payment gateways. Technology developments across these systems are fundamental to our distribution of products and servi
Slide 6: Trading update and outlook
Air sales in Australia via our agency networks are down 7% on the previous year while in New Zealand, we are line ball with FY24 with a 7% decline in ticket numbers offset by a 7% increase in average fares. Interestingly business class TTV in NZ increased 6% while economy class TTV fell 6% while in
Slide 7: Annual General Meeting 2024 Registration
ANNUAL GENERAL MEETING 2024 R EG I S T R AT I O N https//meetnow.global/MTM56ZS Helloworld Travel Limited • Results Announcement 2024 | Page 1
Slide 8: Disclaimer
DISCLAIMER The information contained in these materials or discussed at the presentation is not intended to be an offer for subscription, invitation or recommendation with respect to shares or securities in any jurisdiction. No representation or warranty, express or implied, is made as to the fairne
Slide 9: Agenda
AGENDA ➢ Chairman - Garry Hounsell ➢ Directors Present ➢ Management Present ➢ Auditors Present ➢ Questions & Voting Process ➢ Chairman’s Comments ➢ CEO’s Comments ➢ Formal Business ➢ Re-election of Director ➢ Poll Procedure Helloworld Travel Limited • AGM Presentation 2024 | Page 3
Slide 10: Chairman
CHAIRMAN GARRY HOUNSELL Helloworld Travel Limited • AGM Presentation 2024 | Page 4
Slide 11: Directors
DIRECTORS Garry Hounsell Andrew Burnes, AO Cinzia Burnes Chairman Chief Executive Officer & Chief Operating Officer & Managing Director Executive Director Rob Dalton Hon. Martin Pakula Leanne Coddington Non-Executive Director Non-Executive Director Non-Executive Director Helloworld Travel Limited •
Slide 12: Management and Auditors
MANAGEMENT Mike Smith Sylvie Moser Chief Financial Officer Group Company Secretary AUDITORS Brett Croft Amy Burgin Partner Assurance Partner Assurance Helloworld Travel Limited • AGM Presentation 2024 | Page 6
Slide 13: Questions and Voting Procedures
QUESTIONS AND VOTING PROCEDURES Helloworld Travel Limited • AGM Presentation 2024 | Page 7
Slide 14: Chairman’s Comments
CHAIRMAN’S COMMENTS GARRY HOUNSELL Helloworld Travel Limited • AGM Presentation 2024 | Page 8
Slide 15: TTV increased 62.5% to $4.2 billion
T TV INCREASED 62.5% TO $4.2 BILLION Helloworld Travel Limited • AGM Presentation 2024 | Page 9
Slide 16: CEO’s Comments
CEO ’S COMMENTS ANDREW BURNES, AO CHIEF EXECUTIVE OFFICER & MANAGING DIRECTOR Helloworld Travel Limited • AGM Presentation 2024 | Page 10
Slide 17: Demand for Travel Advisors
DEMAND FOR TRAVEL ADVISORS ➢ The services of a travel agents remains highly valued by travellers and in demand. ➢ Our networks have over 10,000 travel advisors in our franchise, buying group and broker networks across Australia and New Zealand, offering curated itineraries, booking services and supp
Slide 18: Retail Networks
RETAIL NETWORKS ➢ Helloworld’s network of over 2,700 agents and brokers across Australia and New Zealand is extensive, with a significant footprint representing the retail offerings across both countries. The Company’s bricks and mortar agents thrive in regional areas, suburban shopping centres, tra
Slide 19: FY24 Financial Highlights
FY24 FINANCIAL HIGHLIGHTS UNDERLYING UNDERLYING TTV REVENUE EBITDA EBITDA up 62.5% up 37.5% up 52.9% MARGIN to $4.2b to $228.2m to $67.5m of 30.0% (FY23: $2.6b) (FY23: $165.9m) (FY23: $44.1m) (FY23: 26.6%) PROFIT AFTER EARNINGS PER FINAL FULL YEAR TAX SHARE DIVIDEND DIVIDEND up 60.2% 19.2 cents 6.0
Slide 20: New Acquisitions ETG & PHT; Strong Performance of MTA
NEW ACQUISTIONS ETG & PHT ➢ Express Travel Group (ETG) transaction completed in August 2023, and the ETG businesses are now embedded within the Helloworld Group. ➢ Integration of ETG is complete with efficiencies achieved across both businesses with integration of technologies and core functions. ➢
Slide 21: Capital and Debt Management; Dividend History
CAPITAL AND DEBT MANAGEMENT ➢ Strong liquidity position with significant cash reserves and no bank debt. ➢ $63.5 million of operating cash was generated with strong cash generation in the second half (which is seasonally higher than the first half). Includes $5.9 million of interest income, a reflec
Slide 22: Technology
TECHNOLOGY ➢ Throughout FY24 Helloworld continued to invest in technology and innovation across its proprietary systems, to improve overall network functionality, operational efficiency and productivity. ➢ This investment includes the Company’s in-house retail mid-office solution, Resworld. Currentl
Slide 23: Marketing and Events
MARKETING AND EVENTS ➢ Major campaigns - We continue to invest in significant marketing campaigns in all major metro and regional media outlets across Australia and New Zealand. ➢ Television show - The Helloworld TV Show is returning for a new season. Created in partnership with and broadcast on the
Slide 24: Outlook
OUTLOOK ➢ At the end of FY24 travel numbers in and out of Australia were at 90-100% of FY19 levels, and just slightly lower in New Zealand at 85-95% of FY19. ➢ ABS data from early October 2024 shows international arrivals and departures continuing to grow year on year, with total arrivals up 8.9% an
Slide 25: Thank You
THANK YOU Helloworld Travel Limited • AGM Presentation 2024 | Page 19
Slide 26: Formal Business
FORMAL BUSINESS Helloworld Travel Limited • AGM Presentation 2024 | Page 20
Slide 27: Discussion on FY24 Financial Statements and Reports
DISCUSSION ON FY24 FINANCIAL STATEMENTS AND REPORTS QUESTIONS? Helloworld Travel Limited • AGM Presentation 2024 | Page 21
Slide 28: Adoption of the Remuneration Report
ADOPTION OF THE REMUNERATION REPORT RESOLUTION 1 “To consider and, if thought fit, approve the Remuneration Report, which forms part of the Directors’ Report for the financial year ended 30 June 2024.” QUESTIONS? Helloworld Travel Limited • AGM Presentation 2024 | Page 22
Slide 29: Adoption of the Remuneration Report
ADOPTION OF THE REMUNERATION REPORT Proxy Votes Number Percentage For 29,913,625 98.41 Against 287,196 0.94 Open-Usable 197,082 0.65 Abstain 65,235 - Excluded 39,460,722 - Helloworld Travel Limited • AGM Presentation 2024 | Page 23
Slide 30: Re-election of Director
RE-ELECTION OF DIRECTOR Helloworld Travel Limited • AGM Presentation 2024 | Page 24
Slide 31: Re-election of Director: Rob Dalton
RE-ELECTION OF DIRECTOR RO B DALTO N RESOLUTION 2 “That Rob Dalton, who retires by rotation in accordance with the Company’s Constitution and the ASX Listing Rules and, being eligible, is elected as a Director of HLO.” Helloworld Travel Limited • AGM Presentation 2024 | Page 25
Slide 32: Re-election of Director: Rob Dalton
RE-ELECTION OF DIRECTOR RO B DALTO N QUESTIONS? Helloworld Travel Limited • AGM Presentation 2024 | Page 26
Slide 33: Re-election of Director: Rob Dalton
RE-ELECTION OF DIRECTOR RO B DALTO N Proxy Votes Number Percentage For 65,519,070 99.47 Against 168,099 0.24 Open-Usable 198,682 0.29 Abstain 38,009 - Excluded - - Helloworld Travel Limited • AGM Presentation 2024 | Page 27
Slide 34: Poll Procedure
POLL PROCEDURE Helloworld Travel Limited • Investor Presentation FY24 | Page 28
Slide 35: Closure of Poll
CLOSURE OF POLL RESULTS OF POLL ANNOUNCED TO ASX QUESTIONS? Helloworld Travel Limited • AGM Presentation 2024 | Page 29
Slide 36: Closure of Meeting
CLOSURE OF MEETING Helloworld Travel Limited • AGM Presentation 2024 | Page 30
Slide 37: Thank You
THANK YOU Helloworld Travel Limited • Results Announcement 2024 | Page 31 Helloworld Travel Limited • AGM Presentation 2024 | Page 31
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