Slide 1: 2H 2024 & FY2024 Results Presentation
2H 2024 & FY2024 Results Presentation 21 February 2025
Slide 2: 2H 2024 performance
2H 2024 performance Revenue We saw revenue growth across the majority of our tech domains S$1,352 million moving from 1H 2024 to 2H 2024. -2.3% against 1H 2024 In particular, we delivered improved performance in the Networking & Communications and Advanced Industrial tech domains. Net profit This wa
Slide 3: FY2024 performance
FY2024 performance Revenue FY2024 revenue declined year-on-year due to softer customer S$2,736 million demand. -9.6% YoY Amid a challenging demand environment, Venture remained steadfast to execute its growth initiatives. Net profit S$245 million The Group achieved an improved net profit margin of 9
Slide 4: Strong cash flow and balance sheet
Strong cash flow and balance sheet Strong net cash generated from operating activities Venture continued to generate strong net operating cash flow through its resilient business model. S$482.5 million Net cash position rose for the sixth consecutive quarter. for FY2024 Working capital position as a
Slide 5: Proactive management drove improvement in working capital position
Proactive management drove improvement in working capital position Through proactive efforts in reducing inventories and optimising trade receivables and payables, our working capital position improved by S$198.2 million from 31 Dec 2023 to 31 Dec 2024. S$’m 31 Dec 2024 31 Dec 2023 Improvement Inven
Slide 6: Shareholder Returns
Shareholder Returns • Proposed dividend • Share Buyback Plan
Slide 7: Strong dividend track record
Strong dividend track record The Board of Directors have proposed a final dividend of 50 cents per share for FY2024, bringing the full year dividend to 75 cents per share. Book Closure Date: 6 May 2025 Payment Date: 19 May 2025 75 75 75 75 75 70 70 60 Total DPS (S$ cents) 50 50 50 50 50 50 50 50 Fin
Slide 8: Accelerating our Share Buyback Plan
Accelerating our Share Buyback Plan To date, we have purchased 1.7 million shares under the Share Buyback Plan announced in November 2023, which authorised the purchase of up to 10 million shares of the Company. For the remaining 8.3 million shares, the Board has approved the acceleration of the Sha
Slide 9: Advancing Our Growth Initiatives
Advancing Our Growth Initiatives
Slide 10: Advancing our growth initiatives
Advancing our growth initiatives Tap rising demand for hyperscale data centres Developing next-gen instruments for applications and requirements for faster data interconnectivity such as cell and gene therapy and drug discovery, to grow our Networking and Communication tapping long-term secular grow
Slide 11: Outlook
Outlook
Slide 12: Outlook
Outlook Venture ended FY2024 with a strong balance sheet and recorded a robust profit margin which reflects the resilience and strength of our business model. We are currently at various stages of implementing new business wins in design and manufacturing. These include products in the Networking &
Slide 13: Thank you
Thank you Disclaimer This presentation may contain certain forward-looking statements including, but not limited to, statements as to future operating results and plans. These statements are based on our assumptions and estimates and are subject to known and unknown risks and uncertainties and other
Slide 14: Appendix
Appendix
Slide 15: FY2024 financials
FY2024 financials S$’m FY2024 FY2023 YoY (%) Revenue 2,735.9 3,025.0 (9.6) Profit before tax 306.6 330.8 (7.3) PBT Margin (%) 11.2 10.9 Income tax expense 60.8 60.0 1.3 Effective Tax Rate (%) 19.8 18.2 Net profit 245.0 270.0 (9.3) Net Profit Margin (%) 9.0 8.9 Diluted EPS (cents) 84.4 92.6 (8.9) Ven
Slide 16: Balance sheet as at 31 December 2024
Balance sheet as at 31 December 2024 S$’m 31 Dec 2024 31 Dec 2023 Cash & Bank Balances 1,316.7 1,056.3 Net Current Assets 1,941.4 1,908.5 Net Non-Current Assets 952.9 929.4 Total Net Assets 2,894.3 2,837.9 Accumulated Profits 2,175.2 2,148.7 Share Capital & Reserves 714.6 685.4 Non-Controlling Inter