Corporate Travel Management Limited · ASX:CTD
Corporate Travel Management — Shareholder Meeting (October 2011)
13 slides from Corporate Travel Management's shareholder meeting presentation, Oct 31, 2011
Slide 1: Annual General Meeting Managing Director Presentation
For personal use only Annual General Meeting Managing Director Presentation Jamie Pherous 31 October 2011
Slide 2: Disclaimer
Disclaimer For personal use only While every care has been taken in the preparation of this presentation, Corporate Travel Management (CTM) and each of their respective related bodies corporate and associated entities and each of their respective officers, employees, associates, agents, independent
Slide 3: Agenda
For personal use only Agenda 1. Group Performance FY11 Overview 2. FY12 Strategic Initiatives 3. etm acquisition update 4. 1st Quarter Update FY2012 5. FY2012 commentary
Slide 4: FY11 Group Performance Highlights
1. FY11 Group Performance Highlights For personal use only TTV up by 42.9% to $502.3m Revenue up by 48.2% to $46.8m EBITDA up by 125.0% to $12.6m Underlying NPAT up by 158.0% to $8.56m* Statutory NPAT up by 149.2% to $8.27m EPS 13.5 cents per share (6.6 cents FY2010) * Underlying NPAT includes adjus
Slide 5: Key Strategic Initiatives FY12
2. Key Strategic Initiatives FY12 For personal use only Clients: • Continued investment in client facing innovations (capital investment in FY12 of circa $1.5 mill) to build upon compelling model and create new revenue streams • Leverage complementary MICE* solutions to current and future clients =
Slide 6: Client-Facing Technology Developments
Client-Facing Technology Developments For personal use only • Dedicated Product Development Team • Client products- $1.5M investment FY2012 • Mining and Marine Project • Business Intelligence - Dynamic ROI analysis • CTM’s Mobile Technology – solid client uptake
Slide 7: CTM landscape – strong geographic and client diversification
CTM landscape – strong geographic and For personal use only client diversification • Over 445 FTE staff across 6 offices in Australia and New Zealand • Corporate market share circa 8% and growing • One of the largest MICE Travel providers in Australia and New Zealand • Approx. 650 clients, including
Slide 8: Combined Entity – Improved diversification and scalability
Combined Entity – Improved diversification and For personal use only scalability CTM FY11 pre-etm CTM FY11 including etm QLD QLD 30% 27% NSW NSW 36% 40% WA WA 16% 17% VIC VIC 10% NZ NZ 18% 3% 3% • etm enhances CTM’s well diversified geographic portfolio, providing further scalability and lower cost
Slide 9: etm acquisition update
3. etm acquisition update For personal use only • etm on-track: • Ownership change completed 3 October 2011 • Integration plan well underway and on-track • Melbourne operation under one roof from mid- December 2011 in CBD • “One roof “ allows synergies and cultural integration • Risk mitigation: • A
Slide 10: 1st Quarter results – CTM Highlights
4. 1st Quarter results – CTM Highlights For personal use only • Financial Performance: • Record Quarter in TTV sales $154.3m (up 37% pcp) • Result does not include etm (contribution from 3 October 2011) Why? • Continued success in winning new clients combined with strong client retention • Event Tra
Slide 11: 1st Quarter - Business Model Awarded
1st Quarter -Business Model Awarded For personal use only WINNER WINNER FINALIST World Travel Awards AFTA 2011 Best MICE* Agency 2011 CTM etm Finalist Australasia's Leading Best Corporate Agency Business Travel Agent for past 2 years in Australia 7 of the past 8 years *MICE- Meeting Incentive, Confe
Slide 12: FY12 full year guidance reiteration
5. FY12 full year guidance reiteration For personal use only • Summary: • Reiteration of FY12 Forecast EBITDA growth range of 30-40% • FY2012 ytd results are at top end of guidance range Why? • Continue to win new clients- much of the TTV growth already locked in for FY12 • Remain well positioned fo
Slide 13: travelctm.com
For personal use only travelctm.com
Corporate Travel Management — Shareholder Meeting (October 2011) on 6ix