Kal Group Limited · JSE:KAL
Kal — Shareholder Meeting (February 2025)
9 slides from Kal's shareholder meeting presentation, Feb 6, 2025
Slide 1: AGM 6 February 2025
AGM 6 February 2025 Presented by: Sean Walsh, Chief Executive Officer
Slide 2: Contents
CONTENTS •1 F24 Summary •2 ESG update •3 Infographic – F30 Strategy •4 Key Market Drivers and Counter-Strategies •5 F25 Q1 trends •6 Conclusion 2
Slide 3: F24 Summary
F24 Summary Revenue (R’000) EBITDA (R’000) Recurring Fuel litre growth Return on Total dividend headline EPS Invested Capital per share (cents) (cents) (“ROIC”) 21,734,924 859,294 561.58 586.1m litres 12.6% 180,00 -3.0% -4,4% -9.4% Group -6.2% LY: 14.3% LY: 180,00 LFL -3,5% TFC -6.4% Agrimark -5.5%
Slide 4: ESG Update
ESG UPDATE B-BBEE Level 4 Harvesting Hope Partnership with OneFarm Share 56,30% 25,15% black ownership black ownership in TFC in KAL Group 667 t 560 t 2,6 m fresh produce fresh produce meals created distributed rescued to 626 charities since 2023 Energy Projects KAL Academy 92 R12,4 m 515 8,041 site
Slide 5: Infographic – F30 Strategy
> Our Purpose Powering growth from farm to fork ensuring our stakeholders are better off because we exist. ‘Communicate our Agri inputs Best in value solutions Alignment ek teeNis customers WHAT MAKES (5, ing convenience US UNIQUE? Personal customer service Expert advice HOW DO > (>) Our Values * pe
Slide 6: Key Market Drivers & Counter-Strategies
KEY MARKET DRIVERS & COUNTER-STRATEGIES Counter-Strategies: Agrimark: Water intensive Drivers: The Fuel Company: multi-branded, Weather conditions best operator, Ownership Interest rates Cash generative; ROIC focus Inflation Entrepreneurial Fuel prices / Exchange rates Customer e
Slide 7: F25 Q1 trends
F25 Q1 trends Retail T/O +2.3% • FMCG positive • Building material categories negative • Margins +0.8% Agri T/O +5.7% • packaging late, Jan good • Mix & margin pressure • Mech up, Agriplas lower Fuel • Q1 Price deflation (18%) • Price gain R5.2m lower • Group litres +0.7% • Petrol mix up Fin
Slide 8: Conclusion
CONCLUSION F24: a year of 2 halves, positive signs in H1, declining in H2, whilst the lower fuel prices did not help with F24 results, convenience retail remained healthy Group debt levels lowest in 10 years, good cash generation, a healthy balance sheet Q1 green shoots Convenience retail an
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