Cti Logistics Limited · ASX:CLX
Cti Logistics — H1 FY2018 Earnings Presentation
22 slides from Cti Logistics's earnings presentation, Feb 28, 2018
Slide 1: Corporate presentation lodgement letter, 28 February 2018
ABN 69 008 778 925 1 Drummond Place West Perth WA 6005 Postal Address PO Box 400 West Perth Western Australia 6872 Telephone (08) 9422 1100 Facsimile (08) 9227 8000 Email corporate@ctilogistics.com Web www.ctilogistics.com 28 February 2018 CTI Logistics Limited is pleased to attach an updated copy o
Slide 2: December 2017 Half-year Results Presentation
December 2017 Half-year Results Presentation CTI Victoria’s new warehousing facility - Truganina
Slide 3: CTI Logistics company overview
• CTI Logistics Limited is a transport and logistics provider in couriers, parcels, taxi trucks, fleet management, interstate and regional freight, general and contracted warehousing, specialised flooring logistics and security services • CTI has been a listed public company since 1987 with its tran
Slide 4: Behind the headline numbers: HY December 2017 Results
Behind the headline numbers HY December 2017 Results The group is pleased to report our December 2017 half year results showing: Revenue up 10.9%, EBITDA up 5.4%, NPBT up 21.5% and EPS up 9.8% after excluding property related adjustments. These positive results have been achieved despite continued c
Slide 5: CTI acquires Jayde Transport
CTI acquires Jayde Transport On 30 October 2017 the group acquired the business operations and assets of the interstate road, rail and warehousing business trading as Jayde Transport (“Jayde”). The purchase price includes a cash payment of $6.5m at settlement (funded through borrowings), a deferred
Slide 6: Why Jayde Transport
Why Jayde Transport The acquisition of Jayde Transport is in line with our stated objective of growing a national transport and logistics business in a measured and fiscally responsible way. Jayde’s mature national interstate road and rail freight network provides the group with a solid backbone acr
Slide 7: Lower average debt levels
Lower average debt levels The group generated strong underlying cash flows sufficient to repay $4.5m of borrowings in the period. Interest has fallen 18% period over period due mainly to lower levels of borrowings in the first half of FY18 consistent with our strategy to lower the overall gearing ra
Slide 8: Property underpinning the share price
Property underpinning the share price The group has always owned a number of properties which over the years Property backed share price have served the Company well by adding strength to the Company’s balance sheet. $86.8m In the half year ending December 2017 the Company sold one of its non 16.5
Slide 9: Financial review
Financial review Broome Freighlines North West WA floods January 2018
Slide 10: Financial review for Transport Segment
Financial review for Transport Segment For the half year ended 31 December 2017 Revenue $41.8m Net Profit Before Tax $2.2m 27.2% up 50.2% up $41.8 m $2.2 m $32.8 m $1.5 m Dec17 Dec16 Dec17 Dec16 Purchase of Jayde Transport on 30 October 2017 Parcel margins have benefitted from increased has bols
Slide 11: Financial review for Logistics Segment
Financial review for Logistics Segment For the half year ended 31 December 2017 Revenue $42.7m Net Profit Before Tax $3.2m 1.0% down 0.04% up $42.7 m $43.2 m $3.2 m $3.2 m Dec17 Dec16 Dec17 Dec16 Revenue for the segment is marginally down on last Margin pressure from warehouse clients across all
Slide 12: Financial review for Property Segment
Financial review for Property Segment For the half year ended 31 December 2017 Profit $1.2m Assets $75.8m Liabilities $37.5m 1.1% down 0.8% up $75.8 m $76.6 m $37.5 m $37.2 m $3.5m $1.2m Dec17 Dec16 Dec17 Dec16 Dec17 Dec16 Sale of one noncore property Sale of noncore property net of Proceeds
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet For the half year ended 31 December 2017 Dec17 Jun 2017 Dec 2016 $m $m $m Commentary Strong cash flow generated in the period taki ng into account Jayde working capi tal Assets Cash and cash equivalents 3.8 4.3 3.8 requi rements of $1.5m Debtors at December hi gher than i
Slide 14: Corporate Dashboard
Corporate Dashboard CTI Logistics Limited – share price trading volume Shareholders at Number of Percentage 31 January 2018 FPO of Issued Capital (%) Source: asx.com.au 1 David R Watson 25,324,082 33.42% 2 JP Morgan Nominees Australia Ltd 8,455,067 11.16% 3 Simon Dirk KenworthyGroen 3,906,399 5.15%
Slide 15: FY18 first-half highlights
FY18 firsthalf highlights � Reduced debt by $4.5m – interest down 18% period over period � GMK Logistics completed Stage 2 of GMK’s Gregory Hills (New South Wales) 3PL facility – adding an additional 6,300m2 warehousing capacity to support current clients’ demand and new opportunities � Jayde Tra
Slide 16: FY18 second-half initiatives
FY18 secondhalf initiatives � Continue to assess and execute valueadding acquisitions � Expand and strengthen the Western Australian regional freight network � Focus on extracting savings and improved margins by better utilisation of assets across the group � Establish Brisbane and Sydney depot fo
Slide 17: What we do - Transport: Couriers, Parcels, Taxi Trucks
What we do Transport Couriers Parcels • On demand express services • Same day and overnight distribution • Technical courier services (eftpos and computer • Ecommerce "last mile" home delivery system swap outs) • Two and four runs a day services • Vehicles range from pushbikes in the CBD to two t
Slide 18: What we do - Transport: Interstate, Regional Freight, Fleet
What we do – Transport Interstate Freight Services Specialised Transport • Scheduled road and rail services to and from • Rail and wharf container transport Perth, Adelaide, Melbourne, Sydney and Brisbane • Truck mounted cranes • Tail lift vehicles • Hot shot services Regional Freight Fleet Manageme
Slide 19: What we do - Logistics: Warehousing, Minerals and Energy
What we do - Logistics Warehousing and Distribution • Third party and overflow warehousing • Contracted distribution centre services • Pick and pack handling • Bulk products storage • Temperaturecontrolled storage and distribution • Wine storage and stock management • Food product storage • Tempera
Slide 20: What we do - Security Services & Records Management
What we do – Security Services & Records Management Security • Installation and servicing of monitored alarms, CCTV and access control products for residential and commercial markets • ASIAL graded A1 24/7 control room monitoring of alarms, lone worker, medical alerts and CCTV video verification for
Slide 21: Disclaimer
DISCLAIMER This presentation contains general and background information about CTI Logistics Limited (CTI, the Company) current as at the date of the presentation and should not be considered to be comprehensive or complete or to comprise all the information that an investor should consider when mak
Slide 22: Transport, Logistics, Security Services
Transport Logistics Security Services Page 21