Slide 1: Providing electrical solutions to the industrial electrical market
Providing electrical solutions to the industrial electrical market AGM 2023 | 28 NOVEMBER 2023 IPD GROUP FY23 RESULTS PRESENTATION 0
Slide 2: Important notice & disclaimer
Important notice & disclaimer NO RELIANCE The information contained in this document is not investment or financial product advice and is not intended to be relied upo n as the basis for an investment decision, and is not, and should not be assumed to be, complete. The information provided in this p
Slide 3: CEO Presentation
CEO Presentation Michael Sainsbury IPD GROUP A FY22 G M RESULTS 2 02 3 PRESENTATION PRESENTATION 17
Slide 4: Our Vision Our Mission
Our Our Vision Mission To help build a future where To enhance every aspect of sustainable electrical infrastructure infrastructure through energy creates a better life for all. efficiency, automation and secure connectivity while prioritising the safety and wellbeing of people. IPD GROUP A G M 2 02
Slide 5: Our guiding principles
Our guiding principles IPD GROUP A G M 2 02 3 PRESENTATION 19
Slide 6: FY23 Results
FY23 Results Financial perfomance Continued strong organic growth for IPD Group REVENUE EBITDA EBIT NPAT TOTAL DIVIDENDS – FY23 $226.9m $27.7m $23.4m $16.1m 9.3cents Up 28.3% (PCP $176.8m) Up 37.1% (PCP $20.2m) Up 41% (PCP $16.6m) Up 45% (PCP $11.1m) Payout ratio of 50% NET ASSETS NET CASH LTIFR (1)
Slide 7: Sales & earnings growth
Sales & earnings growth Record revenue & EBIT results Revenue of $226.9 million, up 28.3% on pcp ORGANIC REVENUE STATUTORY REVENUE • Strong organic growth displayed by a 26.1% CAGR since $226.9m $226.9 m FY21 has been delivered predominantly by the existing product 26.1% 38.6% portfolio and growing
Slide 8: FY23 Overview
FY23 Overview Growth momentum has continued Successful integration Strong organic growth Delta distribution Orders won of Control Logic and at a 26.1% revenue CAGR agreement providing access for multiple HTC businesses between FY21 and FY23 to new UPS and BESS markets data centres New business devel
Slide 9: Our market drivers
Our market drivers Electrification and energy transition: • Electricity usage to double by 2050 • Decarbonisation: Since 2007, Australia cut its fossil fuel electricity use from 81% to 53% and is adopting renewables faster than the global average • Decentralisation: Improved technology has boosted e
Slide 10: Unique end-to-end solution
Unique end-to-end solution Well placed to capitalise on EV charging infrastructure investments IPD product distributor Addelec engineering, for many brands of construction with service electrical distribution & & maintenance charging equipment capability Gemtek’s EV charging IPD manufacturing of sit
Slide 11: Ex Engineering acquisition
Ex Engineering acquisition Significant step forward in expanding our service offerings and capabilities Solid financials : Services hazardous Revenue ~$12M environment customers EBITDA $2.5M such as oil and gas, Purchase price ~$10M petrochemicals, mines, grain etc Complex assembled High barriers to
Slide 12: Transaction Highlights
Transaction Highlights IPD is undertaking the acquisition of CMI Operations • IPD Group Limited (“IPD”) to acquire CMI Operations Pty Ltd (“CMI”), a leading distributor of electrical cables and manufacturer and distributor of Transaction plug brands in Australia, from ASX listed Excelsior Capital Li
Slide 13: CMI Overview
CMI Overview CMI sells a portfolio of electrical cables and Australia’s leading plug brand for hazardous environments Key facts • Established in Sydney in 1991, CMI is a leading distributor of electrical $104.3m 18% cables and manufacturer and distributor of its “Minto” plug brand FY23A net sales FY
Slide 14: Our strategic priorities
Our strategic priorities Focused on achieving double-digit growth EV infrastructure Acquisitions Merging Addelec and Expand product portfolio Gemtek to capitalise further into key themes of on the growing EV decarbonisation, infrastructure market decentralisation, and with a substantial digitalisati
Slide 15: Our people & sustainability
Our people & sustainability Our people are not just the heart of IPD Group, they are the driving force behind our success. Environmental Social Governance Dedicated to energy efficiency with Support and company donations for Commitment to ethical business a 100Kw solar system at our Sydney initiativ
Slide 16: Outlook
Outlook IPD GROUP A FY22 G M RESULTS 2 02 3 PRESENTATION PRESENTATION 30
Slide 17: Trading update & outlook
Trading update & outlook Earnings guidance Guidance is based on unaudited management H1 FY23 H2 FY23 Underlying H1 H1 FY23 vs H1 FY24 accounts for the first four months of FY24 and $m statutory statutory FY24 guidance 1 change (%) 2 management budget for November and December EBITDA 13.4 14.3 16.0 –
Slide 18: Q&A
Q&A IPD GROUP A FY22 G M RESULTS 2 02 3 PRESENTATION PRESENTATION 32
Slide 19: Thankyou
Thankyou IPD GROUP A G M 2 02 3 PRESENTATION 33