Stealth Group Holdings Ltd. · ASX:SGI
Stealth — Shareholder Meeting (November 2024)
19 slides from Stealth's shareholder meeting presentation, Nov 15, 2024
Slide 1: 2024 Annual Shareholders Meeting
STEA LTH G R OU P ASX: SGI An Australian Distribution Company 2024 Annual Shareholders Meeting 15 November 2024 2014 to 2024 © STEALTH GROUP HOLDINGS FY2024 AGM PRESENTATION 1
Slide 2: Board of Directors
STEA LTH 1 Board of Directors G R OU P ASX: SGI Non-Executive Chairman Group Managing Director & CEO Non-Executive Director Non-Executive Director AM Chris Wharton Mike Arnold John Groppoli Simon Poidevin 11 2 3 4 Chair of the Remuneration Chair of the Audit and Risk Committee Committee © STEALTH GR
Slide 3: A proud history, a positive future.
STEA LTH 2 G R OU P ASX: SGI A proud history, a positive future. Celebrating 10 years – 2014 - 2024 Stealth has grown into one of Australia’s largest distributors of industrial, safety, automotive, workplace and consumer technology products, and other related products and services. © STEALTH GROUP H
Slide 4: Our vision, Our goal
STEA LTH 3 G R OU P ASX: SGI Our vision We're here to help provide all businesses, trade-professionals and customers, with products, made for everyone, used in everyday life. Our goal To be Australia’s market-leading alternative to the major industry players, and the first choice for customers, cons
Slide 5: Supporting our Community
STEA LTH 4 Supporting our Community G R OU P ASX: SGI The Biggest Morning Tea MACA Cancer 200 Ride for the Perkins R U OK? Day Every year, Stealth proudly participates in the for the Harry Perkins Institute of Medical Research. Morning teas held across our work locations Cancer Council's Biggest Mor
Slide 6: 2024 AGM Meeting Agenda
STEA LTH 2024 AGM Meeting Agenda G R OU P ASX: SGI Stealth Group Holdings 1. Introduction 2. Chairman’s Address 3. Group Managing Director & CEO Address 4. Business of the Meeting Resolutions • Resolution 1 – Non-binding resolution to Adopt Remuneration Report. • Resolution 2 – Re-election of Direct
Slide 7: Chairman's Address
STEA LTH S TE A LT H G R OU P G R OU P ASX: SGI A N AUS T RAL IAN DIS T RIB UTI ON COM PA NY I NDU S TRI AL CO N S UME R S ERV ICES T ECHNO LO G Y CO MME RCIAL / BUSI NES SE S RE TAI L 2 Chairman’s Address T RADE P ROF E SS IO NALS DIS T RIBUT O R O F P RODUCT S S OURCE S OL UT IO NS CO NNECT E D S
Slide 8: Group Managing Director & CEO Address
STEA LTH S TE A LT H G R OU P G R OU P ASX: SGI A N AUS T RAL IAN DIS T RIB UTI ON COM PA NY I NDU S TRI AL CO N S UME R S ERV ICES T ECHNO LO G Y CO MME RCIAL / BUSI NES SE S 3 Group Managing Director RE TAI L T RADE P ROF E SS IO NALS & CEO Address DIS T RIBUT O R O F P RODUCT S S OURCE S OL UT IO
Slide 9: A look into FY25 & beyond
STEA LTH 1 G R OU P ASX: SGI A look into FY25 & beyond An inside look at the building of Australia’s next market-leading distributor. We want to be known for having the best customer experience, best prices, a wide-range selection of quality leading brands in our category, reaching customers of all
Slide 10: Financial Goals…FY25 and FY28
2 Financial Goals…FY25 and FY28 STEA LTH G R OU P ASX: SGI FY28 goal – Sales and Profit FY25 goal – Sales and Profit >$300m SALES $159m SALES >8% EBITDA >29%-35% MARGIN >5% NPAT >1.5%-3.0% NPAT © STEALTH GROUP HOLDINGS FY2024 AGM PRESENTATION 10
Slide 11: Our 9-step FY28 strategic growth plan
STEA LTH 3 Our 9-step FY28 strategic growth plan G R OU P ASX: SGI We'll bring customers our very best. The core elements of our strategy and growing in markets include: Total Workplace Building and retaining the More Customer value and Solution Strategy. best team. better experiences. New and expan
Slide 12: FY25 progress on strategy
STEA LTH 4 FY25 progress on strategy G R OU P ASX: SGI Strategic growth plan Description New and expanded Products, Brands, • New core strengths around direct factory sourcing, including Hong Kong Office. 1 Categories and Services. • Good progress in advancing new exclusive brands and own label prod
Slide 13: Horizon Map...what's next in the FY25 growth agenda
STEA LTH 8 Horizon Map...what's next in the FY25 growth agenda G R OU P ASX: SGI Value Future • Continue with FY28 strategic agenda. To 30 June 2025 • Verticalise sales force – total customer workplace solutions. • Launch Hire tool and equipment business. • New online shopping marketplaces, includin
Slide 14: Margin expansion from exclusive products and own brands
9 Margin expansion from exclusive products and own brands STEA LTH G R OU P ASX: SGI FY24 Margin 29.6% achieved…Margin expansion from exclusive products and own brands % of FY28 total sales Margin on new sales Margin uplift on swap-outs Margin Expansion > 10% > 40% > 7% of revenue from exclusive pro
Slide 15: 1H25 Sales growth
STEA LTH 10 1H25 Sales growth G R OU P ASX: SGI Half-by-Half ($ millions) Continuing Operations 80 75 $71m – $78m range 31 Dec 24 70 $51.0m after 4 months 58.6 60 56.5 57.2 55.3 50 52.4 44.3 40 38.0 30.8 30 28.7 28.4 20 10 0 1H20 2H20 1H21 2H21 1H22 2H22 1H23 2H23 1H24 2H24 1H25 est. Revenue generat
Slide 16: Trading update & outlook
STEA LTH 11 Trading update & outlook G R OU P ASX: SGI Market Trading Update from 1 July to 31 October Outlook 1 2 3 4 5 Slow but steady market. Our business model and our YTD revenue of $51m, up 47%. Margin levels good momentum • Stealth forecasts FY25 year value credentials is driving in leading i
Slide 17: Closing Key Message… The Stealth Approach
12 Closing Key Message… The Stealth Approach STEA LTH G R OU P ASX: SGI Our objective is to continue to create value for all our stakeholders. We achieve this through responsible management, entrepreneurial initiative, sustainable operating practices, value-adding transactions and maintaining a long
Slide 18: Disclaimer
STEA LTH Disclaimer G R OU P ASX: SGI This document has been prepared by Stealth Group Holdings Ltd (the Company) and is provided for information purposes only. opinions, forecasts, reports or other matters, express or implied, contained in, arising out of or derived from, or for omissions from, thi
Slide 19: Last Page Thank you
STEA LTH S TE A LT H G R OU P G R OU P ASX: SGI A N AUS T RAL IAN DIS T RIB UTI ON COM PA NY I NDU S TRI AL CO N S UME R S ERV ICES T ECHNO LO G Y CO MME RCIAL / BUSI NES SE S Last Page RE TAI L T RADE P ROF E SS IO NALS Thank you DIS T RIBUT O R O F P RODUCT S S OURCE S OL UT IO NS CO NNECT E D S U
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