Cti Logistics Limited · ASX:CLX
Cti Logistics — H1 FY2024 Earnings Presentation
10 slides from Cti Logistics's earnings presentation, Feb 22, 2024
Slide 1: FY24 Half Year Results
For personal use only FY24 HALF YEAR RESULTS February 2024 New Transport Hub and adjacent development site – Hazelmere WA This announcement has been authorised for release to the ASX by the CTI Logistics Limited Board of Directors ASX: CLX
Slide 2: FY24 Half Year Highlights
FY24 HALF YEAR HIGHLIGHTS Strong EBITDA margins realised in a normalised and inflationary environment National REVENUE Customer Exposure Diversity For personal use only $162m EBITDA Segment Allocation 2% NPBT NPAT $11.4m $7.6m 27% 28% EBITDA CAPEX EBITDA Margin $26.7m (2) $15.5m Logistics Transport
Slide 3: Transport Segment Performance
TRANSPORT SEGMENT PERFORMANCE Revenue growth of 3% with margin normalisation due in part to inflationary cost increases For personal use only Transport Interstate Freight Normalisation of supply chains in the period with reduced disruptions and lower demand for premium freight services Interstate
Slide 4: Logistics Segment Performance
LOGISTICS SEGMENT PERFORMANCE Strong demand for premium space offset by property costs For personal use only Logistics GMK Flooring Logistics Successful relocation to new consolidated site in Yatala QLD, resulting in increased capacity and operational efficiencies GMK Warehousing Inflationary co
Slide 5: Property at Valuation: Significantly Above Cost
PROPERTY AT VALUATION: SIGNIFICANTLY ABOVE COST Property at independent valuations largely underwriting the CLX share price Total owned property at valuation For personal use only Owned property Property at cost on balance sheet at valuation(1) Bank value is $42m (46%) above cost $1.74 NTA per
Slide 6: National Flooring Logistics (GMK)
NATIONAL FLOORING LOGISTICS (GMK) Expanding national capacity generating operational efficiencies (with 5-star Green Star ratings) For personal use only New leased facility in Gregory Hills NSW – expected second half FY24 New leased facility in Yatala QLD - completed New leased facility in Epping VI
Slide 7: Transport Services
TRANSPORT SERVICES Couriers On-demand express metro and outer metro services For personal use only Parcels Same day and overnight distribution, e-commerce “last mile” B2B / B2C and one to two runs per day services Taxi Trucks On demand express services and exclusive hourly hire services; vehic
Slide 8: Logistics Services
LOGISTICS SERVICES Warehousing Australia-wide 3PL, 4PL, supply chain Cross docking and overflow warehousing Temperature controlled and food For personal use only Contracted distribution centre services grade (HACCAP) Bulk product storage Specialised warehousing Consolidation services E
Slide 9: Other Services
OTHER SERVICES Document Document and Sample Storage Document Destruction Management Secure storage On-site destruction of For personal use only Cataloguing and retrieval of documents/media and recycling document Closed loop service utilising CTI Computer media and mineral samples transport
Slide 10: Disclaimer
DISCLAIMER This presentation contains general and background information about CTI Logistics Limited (CTI, the Company), which is current as at the date of the presentation and should not be considered comprehensive or complete or to comprise all the information that an investor should consider when