Fleetwood Limited · ASX:FWD
Fleetwood — Shareholder Meeting (October 2024)
24 slides from Fleetwood's shareholder meeting presentation, Oct 30, 2024
Slide 1: 2024 AGM Chair's Address & Managing Director & CEO's Presentation
30 October 2024 2024 AGM CHAIR’S ADDRESS & MANAGING DIRECTOR & CEO’S PRESENTATION In accordance with ASX Listing Rule 3.13.3, Fleetwood Limited (ASX: FWD) (Fleetwood) is pleased to release the presentations to be delivered by our Chair, John Klepec, and Managing Director & CEO, Bruce Nicholson, at F
Slide 2: Chairman's Address
CHAIRMAN’S ADDRESS Good afternoon, ladies, and gentlemen and welcome to the 2024 Annual General Meeting. My name is John Klepec and I am the Chair of Fleetwood Limited. Once again, we have taken a hybrid approach for this year’s AGM, and I thank you for your attendance both in person and online. I w
Slide 3: Modular construction leadership and CEO presentation introduction
We are proud to be recognized as a leader in modular construction, serving various sectors including education, custodial, key worker, lifestyle villages, and affordable housing. The acceptance of modular construction continues to grow, and as Australia’s largest modular manufacturer, we are well- p
Slide 4: Values and FY24 earnings results
• Collaboration; • Integrity; • Accountability; and • Innovation The values guide the way we operate on a day-to-day basis and have been integral to creating a positive culture within each of our businesses, and I am confident this will have a positive impact on our transformation and lead to a succ
Slide 5: Searipple Village occupancy and Osprey Village demand
point out this 72% occupancy is contracted on a take or pay basis and a base foundation underpinning our earnings this financial year with upside from further contracted or casual rooms. Projects from key players such as Perdaman, Yara, and Woodside will drive significant demand for our facilities.
Slide 6: Building Solutions national leadership structure
To facilitate this, we are consolidating all our Business Solutions businesses as well as our Design and Estimating functions under one national leadership structure to accelerate our transformation. We will continue our focus and drive of manufacturing KPI’s across our factories and manufacturing h
Slide 7: RV Solutions costs, margins and outlook
Our ability to fully pass on the rising input costs has been limited. As a result, we experienced reduced gross margins and EBIT dilution, which have further compounded the challenges we face. FY24 did see a reduction in our capital employed in the RV Solutions business with improved collections lea
Slide 8: 2024 Annual General Meeting
2024 Annual General Meeting 30 October 2024
Slide 9: Artwork by Garry Purchase
Artwork by Garry Purchase (Dharawal, Bidjigal and Dhungutti)
Slide 10: Board and Executives
Board and Executives John Klepec Jeff Dowling Adrienne Parker Mark Southey Board Chair, Non-Executive Non-Executive Director, Non-Executive Director, Chair Non-Executive Director, Director Chair of Audit Committee of Nominations and Diversity Chair of Remuneration Committee Committee Martin Monro Br
Slide 11: Chair's Address
Chair’s Address We’re leaders in modern modular construction.
Slide 12: Managing Director & CEO's Presentation
Managing Director & CEO’s Presentation Mr Bruce Nicholson
Slide 13: Fleetwood Limited footprint by state
WA SA VIC NSW QLD Fleetwood Limited - 2024 Annual General Meeting
Slide 14: Vision and values
Vision and values Fleetwood Limited - 2024 Annual General Meeting
Slide 15: Fleetwood Limited - 2024 Annual General Meeting
Fleetwood Limited - 2024 Annual General Meeting
Slide 16: Community Solutions Performance
Community Solutions Performance ✚ ✚ ✚ ✚ ✚ Fleetwood Limited - 2024 Annual General Meeting Fleetwood Australia | 2024 Annual General Meeting
Slide 17: Community Solutions Strategy and Outlook
Community Solutions Strategy and Outlook ✚ ✚ ✚ ✚ ✚ ✚ Fleetwood Limited - 2024 Annual General Meeting Fleetwood Australia | 2024 Annual General Meeting 10
Slide 18: Building Solutions Performance
Building Solutions Performance ✚ ✚ ✚ ✚ ✚ ✚ Fleetwood Limited - 2024 Annual General Meeting Fleetwood Australia | 2024 Annual General Meeting
Slide 19: Building Solutions Reset
Building Solutions Reset Consolidation of Business Solutions and Design & Estimating into one national leadership structure Fleetwood Limited - 2024 Annual General Meeting Fleetwood Australia | 2024 Annual General Meeting 12
Slide 20: Building Solutions Strategy and Outlook
Building Solutions Strategy and Outlook ✚ ✚ ✚ ✚ ✚ ✚ ✚ ✚ Fleetwood Fleetwood Australia |Limited - 2024 2024 Annual General MeetingAnnual General Meeting 13
Slide 21: RV Solutions Performance
RV Solutions Performance ✚ ✚ ✚ ✚ ✚ ✚ Fleetwood Fleetwood Australia |Limited - 2024 2024 Annual General MeetingAnnual General Meeting
Slide 22: RV Solutions Strategy and Outlook
RV Solutions Strategy and Outlook ✚ ✚ ✚ ✚ ✚ ✚ ✚ ✚ ✚ ✚ Fleetwood Fleetwood Australia |Limited - 2024 2024 Annual General MeetingAnnual General Meeting 15
Slide 23: Summary & Outlook
Summary & Outlook ✚ ✚ ✚ ✚ ✚ ✚ ✚ ✚ ✚ ✚ Fleetwood Fleetwood Limited Limited Fleetwood Australia | 2024 - 2024 Annual-General 2024 Annual Annual MeetingGeneral General Meeting Meeting 16
Slide 24: Important notice and disclaimer
The information contained in this presentation is provided by Fleetwood Limited ACN. 009 205 261 (Fleetwood) for informational purposes only and does not constitute an offer, invitation or recommendation to subscribe for or purchase any securities and neither this presentation nor anything contained