Desane Group Holdings Ltd · ASX:DGH
Desane — Shareholder Meeting (October 2023)
15 slides from Desane's shareholder meeting presentation, Oct 25, 2023
Slide 1: Annual General Meeting 25th October 2023
ANNUAL GENERAL MEETING 25th OCTOBER 2023
Slide 2: Disclaimer
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING Disclaimer This presentation paper has been published for information only. The information contained in this presentation paper is of general purpose nature and does not constitute financial product advice. It has been prepared without takin
Slide 3: Chairman's Address
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING Chairman’s Address PROF. JOHN SHEEHAN AM 3
Slide 4: Managing Director's Address
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING Managing Director’s Address PHIL MONTRONE OAM 4
Slide 5: FY23 Results Snapshot
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING FY23 Results Snapshot SOLID GROWTH & CONTINUED PROFITABILITY FY23 Highlights Investment property revaluation uplift of $2.5m NTA EBIT TOTAL NPAT Operational Revenues up 18% ASSETS PER SHARE Operational expenses remained steady $1.58 $2.6m $98
Slide 6: Capital & Balance Sheet Position
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING Capital & Balance Sheet Position TOTAL ASSETS $98.8 M 30 JUNE 2023 Property Assets 81% Gearing* remains low at <40% Financial assets performing well - generating circa 7.5% pa Development Assets interest revenue for the Group in FY24 4% Ample
Slide 7: DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING 7
Slide 8: Re-Stocking Continues
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING Re-Stocking Continues INVESTMENT PROPERTY PORTFOLIO RE-STOCKING Acquisition of 436 sqm freestanding E1 Zoned (Local Centre) property at 35 Norton Street, Leichhardt for $3.5m. Acquisition is part of the Group’s investment property re-stocking
Slide 9: Penrith Central Industrial Estate
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING Penrith Central Industrial Estate INDUSTRIAL DEVELOPMENT PROJECT The 2024 and 2025 financial years will present an opportunity for Desane to progress the development of the 11, 650m2 Thornton Estate property, located in the heart of Penrith.
Slide 10: Property & Investment Summary
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING Property & Investment Summary Investment Value* Property Size Borrowings Strategy Re-deploy into the construction of the Penrith Central Industrial Cash & Financial Assets $13.6m N/A N/A Estate and acquisitions of property assets Sub-divide p
Slide 11: 2024 & Beyond Outlook
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING 2024 & Beyond Outlook DESANE WILL CONTINUE TO FOCUS ON ITS 3 MAIN OBJECTIVES: Strategic investments which will bolster returns and rental income streams Review capital management strategies to ensure capacity for growth and a return to sustai
Slide 12: Items of Business Proxies Received
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING Items of Business Proxies Received 12
Slide 13: Total number of ASX-listed DGH shares is 40,909,990
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING TOTAL NUMBER OF ASX - LISTED DGH SHARES IS 40,909,990 Desane Group Holdings Limited For Open Against Abstain Item 1 NO VOTING FOR THIS ITEM Receive and adopt the 2023 Financial Report Item 2 12,014,189 5,831,211 8,429 0 Adopt the 2023 Remuner
Slide 14: Questions
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING uestions 14
Slide 15: DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING
DESANE GROUP HOLDINGS LIMITED 2023 ANNUAL GENERAL MEETING 15
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