Ipd Group Ltd · ASX:IPG
Ipd — Investor Presentation (February 2025)
27 slides from Ipd's investor presentation, Feb 24, 2025
Slide 1: FY25 Half Year Results Presentation
FY25 Half Year Results Presentation 20 25
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer No Reliance The information contained in this document is not investment or financial product advice and is not intended to be relied upon as the basis for an investment decision, and is not, and should not be assumed to be, complete. The information provided in this pr
Slide 3: Presenters
Presenters Michael Sainsbury Jason Boschetti Mohamed Yoosuff Executive Director & CEO Chief Financial Officer Executive Director Strategic Development IPD Group – FY25 Half Year Results 3
Slide 4: What we'll share today
What we’ll share today Agenda – Overview – Financial Performance – Market & Business Update – Strategy & Outlook – Q&A IPD Group – FY25 Half Year Results 4
Slide 5: Overview
Overview IPD Group – FY25 Half Year Results 5
Slide 6: Our Vision and Mission
Our Our Vision Mission To help build a future where To enhance every aspect of sustainable electrical infrastructure infrastructure through energy creates a better life for all. efficiency, automation and secure connectivity while prioritising the safety and wellbeing of people. IPD Group – FY25 Hal
Slide 7: Our Connected Group
Our Connected Group Driving sustainable growth through the energy transition & synergies Complete electrical Manufacturer and Specialists in the Power distribution, energy engineering services for high distributor of electrical supply, modification, management, and and low voltage projects, cables,
Slide 8: Corporate Snapshot
Corporate Snapshot Capital Structure Board of Directors ASX Code IPG David Rafter Non-Executive Chair ASX Share price $4.27 (1) IPO Date 17th December 2021 Andrew Moffat Non-Executive Director Shares on issue 103,693,582 Net Debt $2.2M (2) Michael Sainsbury Executive Director & CEO Market capitalisa
Slide 9: HY25 Results Overview
HY25 Results Overview Continued growth exceeds top-end of earnings guidance Revenue EBITDA EBIT NPAT EPS $176.9m $23.6m $20.2m $13.3m 12.9 cents Up 46.6% (PCP $120.7m) Up 46.6% (PCP $16.1m) Up 47.4% (PCP $13.7m) Up 40.0% (PCP $9.5m) Up 19.4% (PCP 10.8cents) (1) Interim Dividend (2) (3) Operating fre
Slide 10: Financial Performance
Financial Performance IPD Group – FY25 Half Year Results 10
Slide 11: Financial Overview
Financial Overview Record revenues & profits Movement % Continued growth exceeds top-end of earnings $m 1H FY25 1H FY24 (vs last year) guidance Revenue 176.9 120.7 46.6% • Record revenue, EBITDA, EBIT and NPAT results for the Group drives Gross profit 62.3 48.2 29.3% earnings above the top end of gu
Slide 12: Sales & Earnings Growth
Sales & Earnings Growth Record revenues & profits Revenue of $176.9 million, up 46.6% on pcp Revenue EBITDA • The acquisitions of EX Engineering and CMI Operations last $23.6m $290.4m $22.7m financial year have contributed to the Group's revenue growth. • IPD’s diverse product range has enabled IPD
Slide 13: Pro-forma Financial Performance
Pro-forma Financial Performance (1) (1) Pro-forma sales & earnings (1) (1) Pro-forma Pro-forma Record Order book transitions from daily trade to $m 1H FY25 1H FY24 Movement % larger and more complex orders Revenue 176.9 172.9 2.3% • Larger more complex orders typically have longer lead times Gross p
Slide 14: Balance Sheet
Balance Sheet Strong & flexible financial position As at As at $m 31 Dec 2024 30 Jun 2024 Net Assets Total current assets 171.7 173.3 $158.1m $150.7m Total non-current assets 105.6 99.4 $142.7m Total assets 277.3 272.7 Total current liabilities 71.9 80.4 Total non-current liabilities 47.3 41.6 Total
Slide 15: Net Working Capital & Dividend
Net Working Capital & Dividend Continued investment for future growth Net working capital (NWC) of $76.6 million Net Working Capital (NWC) Dividends 6.4c 6.2c • Inventory increased by $1.2 million on 30 June 2024, whilst total $76.9m $76.6m net working capital decreased during the half year ended 31
Slide 16: Market & Business Update
Market & Business Update IPD Group – FY25 Half Year Results 16
Slide 17: Market Update
Market Update Growth, innovation & opportunity New markets & Data centre EV charging & enhanced expertise infrastructure infrastructure • Our expanding market reach – Growth into • Continued Growth – up 25% as a percentage of • Experiencing steady growth - Driven by new regions, industries, and cust
Slide 18: Diversified Revenue
Diversified Revenue Multiple technologies for diverse markets and stable growth 1H FY25 - Revenue by Type 1H FY25 - Revenue by Product Power Distribution - 36% Cables - 22% Hazardous Area Equipment - 12% Industrial & Motor Control - 10% Automation & Industrial Communications - 8% Services - 7% Power
Slide 19: Business Highlights
Business Highlights Energy efficiency & automation experts Business Growth Partnerships & Innovation • Strong Performance Driven by growth in Data Centres, Mining, HVACR, and strong • Technology & Digital Transformation Utilising external consulting services to accelerate demand across Wholesale mar
Slide 20: Business Highlights
Business Highlights Trusted in electrical safety for hazardous areas Strong Demand Industry Leadership • Continued Market Demand • Scaling Custom Solutions & Certification Capabilities Strong demand for specialist knowledge and customised Focused on expanding custom-built hazardous area hazardous ar
Slide 21: Business Highlights
Business Highlights Driving sustainable electrical infrastructure Performance Future Opportunities • Strong sales performance across multiple regions in H1, • Rising demand for bus and truck electrification, with with further growth anticipated in H2 as project timelines increased government investm
Slide 22: Business Highlights
Business Highlights Leaders in safe & reliable power connections Sales & Market Performance Product & Compliance • Strong Performance Advancements Western Australia exceeding targets, Queensland on track, with steady growth in key markets. • Product Innovation Enhanced Minto 800A 11kV coupler with i
Slide 23: Strategy & Outlook
Strategy & Outlook IPD Group – FY25 Half Year Results 23
Slide 24: Our Strategic Pillars
Our Stategic Pillars Committed to shareholder value creation Business Growth Operational Efficiency Customer value & market expansion – Leverage Scalable Operations – Leverage shared services strong brands and expertise to deliver tailored, and economies of scale to streamline processes, reliable so
Slide 25: Outlook
Outlook Sustaining strong results Growth Drivers Strategic Focus Sustainable Growth Despite challenges in some end Management remains The company continues to prioritise markets, IPD is capitalising on committed to executing strategic sustainable growth while navigating growth areas driven by the pr
Slide 26: Q&A
Q&A IPD Group – FY25 Half Year Results 26
Slide 27: Thank you
Thank you IPD Group – FY25 Half Year Results 27