Kelsian Group Limited · ASX:KLS
Kelsian — 2025 Macquarie Australia Conference
18 slides from Kelsian's conference presentation, May 7, 2025
Slide 1: ASX Announcement: Trading Update; 2025 Macquarie Australia Conference Presentation
Kelsian Group Limited ABN 49 109 078 257 L3, 26 Flinders Street Adelaide SA 5000 +61 (0)8 8202 8688 www.kelsian.com ASX Announcement 7 May 2025 Trading Update; 2025 Macquarie Australia Conference Presentation Kelsian Group Limited (ASX:KLS) (‘Kelsian’) provides for information a copy of the presenta
Slide 2: Kelsian Group Limited 2025 Macquarie Australia Conference
Kelsian Group Limited 2025 Macquarie Australia Conference Graeme Legh Group Chief Executive Officer Andrew Muir Group Chief Financial Officer 7 - 8 May 2025 Woodlands Express, Texas, USA Macquarie Conference Investor Presentation
Slide 3: Agenda
Agenda 1. Overview of Kelsian 2. Business Update & Outlook 3. Tourism Portfolio Divestment 4. Focus Areas Q&A Appendix Go West Tours, Western Australia 2025 Macquarie Australia Conference 2
Slide 4: Overview of Kelsian
1 Overview of Kelsian Jersey Tower Transit, – Channel Islands Singapore 1HFY25 Results 2025 1HFY25| Investor Macquarie ResultsPresentation | Investor Australia Presentation Conference 3 3
Slide 5: 1HFY25 Results
. 1HFY25 Results | Investor Presentation 4 2025 Macquarie Australia Conference 4
Slide 6: Kelsian investment proposition
Kelsian investment proposition A diversified global business with a strong track record of growth, underpinned by highly defensive, long-term, service contracts with strong counterparties OPERATIONS FOCUSED Strategy centered on delivering essential journeys for customers through bus, motorcoach and
Slide 7: Business Update & Outlook
2 Business Update & Outlook Hotard HotardCoaches, Louisiana, Coaches, USA USA Louisianna 1HFY25 Results 2025 2025 | Investor Macquarie Macquarie Presentation Conference Australia Presentation Conference 6 6
Slide 8: FY25 Q3 update
FY25 Q3 update Australian and International Bus performance in line with expectations. Marine & Tourism’s Queensland operations impacted by Cyclone Alfred Q3 OPERATIONAL UPDATE Q3 TRADING UPDATE ______________________________________ ______________________________________ • Strong utilisation across
Slide 9: FY25 outlook
FY25 outlook Q4 EXPECTATIONS • Revenue during Easter trading in line with expectations • Marine & Tourism performance in line with prior year (excluding K’gari) • Further ramp up in AAAHI (USA) construction and industrial client services – on track • Full period of Bankstown rail replacement • Effic
Slide 10: Tourism Portfolio Divestment
3 Tourism Portfolio Divestment Whitsunday Islands, Queensland 2025 Macquarie Australia Conference 9 Liverpool, UK 9
Slide 11: Tourism Portfolio overview
Tourism Portfolio* overview Iconic Australian experiences and destinations 52 Tiwi Islands 45 Mandorah SeaLink Groote NT Eylandt 4WD buses & motor Vessels in scope coaches SeaLink Whitsunday Whitsundays Islands 12 ~1,300 SeaLink K'gari K’gari SeaLink Routes operated Employees Rottnest WA Murray Isla
Slide 12: Tourism Portfolio overview (cont.)
Tourism Portfolio* overview (cont.) Iconic Australian experiences and destinations Brands Total revenue, FY22 – FY24 ($m) Revenue by type, FY24 155 171 100 Accommondation Tour Vessel Sydney Harbour, Western Australia, F22 FY23 FY24 Whitsundays, Tasmania, Northern Territory Revenue by state, FY24 Rev
Slide 13: Focus Areas
4 Focus Areas 1HFY25 Results 2025 | Investor Macquarie Presentation Australia Conference 12 Woodlands Express, Texas, USA
Slide 14: Immediate focus areas
Immediate focus areas ‘Laser-like’ focus on core operations AUSTRALIAN BUS • Sydney Region 6 bus contract re-negotiation / extension • Sydney bus operational improvements and efficiencies INTERNATIONAL BUS • Deliver on growth expectations in the USA • AAAHI CEO transition • Organic growth in Singapo
Slide 15: Appendix
Appendix Illumina light show, K'gari 2025 Macquarie Australia Conference 14
Slide 16: Kelsian leverage analysis
Kelsian leverage analysis Leverage1 of 2.9x as at 31 March 20252, calculated excluding the impact of limited recourse SPV debt and the corresponding SPV related earnings 1. Leverage calculated as LTM Underlying EBITDA, pre-AASB15 and excluding SPV earnings and indebtedness. 2. Based on YTD unaudited
Slide 17: Zero emission buses (ZEBs)
193 zero emission buses (ZEBs) at end 1HFY25 Targeting 379 ZEBs by end FY26 One of largest electrified bus depots in Australia at Leichhardt (Sydney) 4 1 Source: The Federal Transit Administration, 2010 3 Source: International Institute for Sustainable Development (IISD) 2 Source: IPCC Sixth Assessm
Slide 18: Disclaimer
Disclaimer Basis of Preparation, Forward Looking Statements and Disclaimer This document has been prepared by Kelsian Group Limited (ACN 109 078 257) (‘Kelsian Group’ or the ‘Company’). No party other than Kelsian Group has authorised or caused the issue of this document, or takes responsibility for