Gxo Logistics, Inc. · NYSE:GXO
Gxo Logistics — Q1 2024 Earnings Presentation
7 slides from Gxo Logistics's earnings presentation, Apr 24, 2024
Slide 1: Updated FY 2024 Guidance & 2027 Outlook
Updated FY 2024 Guidance & 2027 Outlook April 24, 2024 © GXO Logistics, Inc.
Slide 2: Disclaimer
Disclaimer Non-GAAP Financial Measures Non-GAAP Valuation Measure As required by the rules of the Securities and Exchange Commission (“SEC”), we provide reconciliations of the non-GAAP financial measures Adjusted EBITDAR is a valuation measure that is not specified in GAAP. Adjusted EBITDAR excludes
Slide 3: Key highlights
Key highlights Solid preliminary 1st quarter 2024 results; pace of new wins increased 55% year 1 over year in the first quarter, and sales pipeline finished at $2.2 billion(1) Reiterated 2024 financial guidance reflecting improved sequential organic 2 trends and incorporating the impact of GXO’s ant
Slide 4: Updated FY 2024 guidance
(1) Updated FY 2024 guidance Prior Standalone Standalone + Wincanton Organic revenue 2% – 5% 2% – 5% 2% – 5% growth(2) $760 – $790 $760 – $790 $805 – $835 Adjusted EBITDA(2) million million million Adjusted EBITDA(2) to free cash flow 30% – 40% 30 – 40% 30 – 40% conversion Adjusted diluted $2.70 – $
Slide 5: Updated 2027 targets
Updated 2027 targets $15.5-16.0B(1) $1.25-1.30B(1,2) Revenue Adjusted EBITDA ~10%(2) ~15%(2) >15%(2) Organic revenue CAGR(3) Adjusted EBITDA CAGR(3) Adjusted diluted EPS CAGR(3) >30%(2) >30%(2) FCF conversion Operating ROIC (1) Based on FX rates of 1.24 GBPUSD and 1.08 EURUSD (2) Refer to the ‘Non-G
Slide 6: 2024-2027 Adjusted EBITDA bridge
2024-2027 Adjusted EBITDA bridge(1,2) 1400 $120-$130M $1.25B-$1.30B 1200 $110-$130M $195-$215M 1000 ~$45M $805-$835M 800 $760-$790M 600 400 200 0 GXO standalone 2024 Wincanton 2024 impact New 2024 Core growth Automation, adaptive Wincanton including New 2027 technology & synergies productivity (1) B
Slide 7: © GXO Logistics, Inc.
© GXO Logistics, Inc.