Avada Group Limited · ASX:AVD
Avada — Shareholder Meeting (November 2023)
15 slides from Avada's shareholder meeting presentation, Nov 22, 2023
Slide 1: AVADA Group Limited 2023 AGM
AVADA Group Limited 2023 AGM 22 November 2023
Slide 2: Important notice and disclaimer
Important notice and disclaimer This document dated 22 November 2023 has been prepared by AVADA Group Limited (ACN 648 988 783) Past performance is not indicative of future performance and no guarantee of future returns is implied or (the Company) and is provided for information purposes only. It co
Slide 3: Virtual AGM Access
Virtual AGM Access A live webcast of the AVADA Group Annual General Meeting is available via https://meetings.linkgroup.com/AVD23 The AGM will commence at 10.00am (Brisbane time) on Wednesday, 22 November 2023. AVADA Group Limited – 2023 AGM 3
Slide 4: Board of Directors
Board of Directors Lance Hockridge Daniel Crowley Ann-Maree Robertson Jo Willoughby Courtney Black Neil Scales OBE NON- MANAGING EXECUTIVE DIRECTOR & DIRECTOR DIRECTOR DIRECTOR DIRECTOR CHAIRMAN CEO Lance has nearly 40 years’ Dual World Cup winning Ann-Maree has been Director Jo has a proven ability
Slide 5: Chairman's Address
Chairman’s Address Lance Hockridge AVADA Group Limited – 2023 AGM 5
Slide 6: Managing Director and CEO's Address
Managing Director and CEO’s Address Dan Crowley AVADA Group Limited – 2023 AGM 6
Slide 7: FY23 Highlights
FY23 Highlights Underlying FY23 Underlying FY23 7% revenue growth EBITDA Revenue from existing $16.1m $183.2m business • Ongoing profitability initiatives implemented Centralisation of in first-half business functions Significant Gross margin • Strong second-half improvement creating operational inv
Slide 8: Background
Existing (and future) Background large pipeline of infrastructure spend Only listed traffic AVADA offers integrated management provider traffic management operating in Australia and services, including Recurring maintenance NZ Established businesses Essential service to infrastructure and planning,
Slide 9: Building momentum
Building momentum Delivering operational efficiencies and strategic acquisitions across multiple geographies Acquisition synergies FY23 acquisitions added: 19 • 4 depots • > 430 traffic controllers DEPOTS • > 210 vehicles Building scale in Victoria with the acquisition of STA Traffic Management 7 DE
Slide 10: Financial Performance
Financial Performance FY21 FY22 FY23 H1 FY23 H2 FY23 $'000s Underlying Underlying Underlying Underlying Underlying Revenue (incl. other income) 116,959 139,154 183,271 90,514 92,757 Gross profit 24,747 31,766 38,436 17,847 20,589 Gross margin 21% 23% 21% 20% 22% EBITDA 11,540 12,550 16,128 7,101 9,0
Slide 11: Delivering on our strategy to acquire, integrate and grow
Delivering on our strategy to acquire, integrate and grow Focus on operational excellence to drive organic growth and accelerate synergies from acquisitions FY21 TO FY22 FY23 FY24 AND BEYOND • Back-end systems of each business is • New operating model tested, centralised • Finalisation of corporate
Slide 12: Our clients and sector
Our clients and Infrastructure Maintenance Government sector Civil construction Energy Local Government Aligned to new Roads and highways Water State Government infrastructure pipeline with a focus on n recurring Upgrades Repair and upgrades Federally funded maintenance work Well positioned to deliv
Slide 13: Trading update & business outlook
Trading update & Q1FY24 delivering strong organic growth business outlook Investment in process improvement and systems to support increased volumes despite ongoing challenges in the labour market We will continue to pursue Continuing to evaluate acquisition and expansion opportunities along operati
Slide 14: AVADA Group Limited – 2023 AGM
AVADA Group Limited – 2023 AGM 14
Slide 15: Contact Us
Contact Us AVADA Group Limited ABN 57 648 988 783 Suite 1, Level 2, 116 Ipswich Road Woolloongabba QLD 4102 T 1300 321 995 E contact@avadagroup.com.au avadagroup.com.au