Fleetwood Limited · ASX:FWD
Fleetwood — Investor Presentation (August 2025)
26 slides from Fleetwood's investor presentation, Aug 27, 2025
Slide 1: FY25 Results Presentation
FY25 Results Presentation 27 August 2025 Building Solutions: Woodridge School, QLD
Slide 2: Acknowledgement of Country
Fleetwood Australia acknowledges the Gadigal people of the Eora Nation, the traditional custodians of this land on which we meet today. We pay our respects to Elders past and present. Artwork by Garry Purchase (Dharawal, Bidjigal and Dhungutti) 2
Slide 3: Today's Speakers
Today’s Speakers Bruce Nicholson Cate Chandler Chief Executive Officer & Chief Financial Officer Managing Director 3
Slide 4: FY25 Highlights
FY25 Highlights Bruce Nicholson CEO & Managing Director 4
Slide 5: Vision and Values
Zero Harm Zero harm for people and the environment Collaboration Vision Better together To be the leader in reimagining sustainable spaces Values Zero harm, Integrity Collaboration, Say what we do and Integrity, Accountability, do what we say Innovation Purpose To create innovative spaces so people
Slide 6: Operating Segments
Operating Segments WA SA VIC NS W QL D 6
Slide 7: Highlights
Highlights Final Underlying* EBIT Fully Franked Dividend Free Cash Flow $37.7M 13.5 cps $27.0M $29.5M on FY24 440% on FY24 $29.7M on FY24 Full Year Net Profit After Tax Fully Franked Dividend Searipple Occupancy $14.6M 25.0 cps 84% $10.8M on FY24 400% on FY24 Up 50% on FY24 *FY25 Underlying EBIT exc
Slide 8: Year on year progress
Year on year progress Underlying(1) EBIT $M +29.5 37.7 39.2 4.2 8.2 10.2 11.5 2.2 11.0 6.9 1.3 -2.8 -5.5 -6.8 -9.7 -7.4 FY23 FY24 FY25 Community Solutions Building Solutions RV Solutions Corporate (1) FY25 Underlying EBIT excludes restructuring costs $1.9M and impairments $9.1M in RV Solutions 8
Slide 9: FY25 Financial Results
FY25 Financial Results Cate Chandler Chief Financial Officer 9
Slide 10: Profit & Loss
Results Summary Profit & Loss $ Million Revenue EBITDA FY25 505.2 54.1 FY24 419.9 24.7 Change 85.3 29.4 Impairment 9.1 9.1 Depreciation 18.4 16.5 1.9 EBIT 26.7 8.2 18.5 EBIT % Revenue 5.3% 2.0% 3.3% Finance costs 1.9 1.6 0.3 ✚ Revenue growth of 20.3% supported by 84% occupancy at Tax expense 10.2 2.
Slide 11: Cash Flow
Cash Flow ✚ Robust underlying earnings and disciplined working capital $ Million FY25 FY24 Change management generated a $29.7M improvement in free cash flow EBITDA 54.1 24.7 29.4 Non-cash 0.9 1.2 -0.3 ✚ Free cash flow of $27.0M was generated in the year Working capital and other -12.3 -6.3 -6.0 ✚ N
Slide 12: Capital Management
Capital Management ✚ Strong closing cash position of $51.0M $ Million FY25 FY24 Change Net working capital / other 44.2 42.6 -1.6 ✚ Final fully franked dividend of 13.5 cps bringing the full year Property Plant & Equipment 32.2 35.1 2.9 dividend to 25.0 cps reflecting the strong balance sheet and In
Slide 13: FY25 Segment Results
FY25 Segment Results Bruce Nicholson CEO & Managing Director 13
Slide 14: Community Solutions Performance
80 FY24 70 FY25 60 Community Solutions Performance 50 40 30 40 35 30 25 20 20 10 15 0 10 ✚ 5 Searipple Village Occupancy of 84% in FY25 was underpinned $ Million FY25 FY24 Var 0 by Rio Tinto and SCJV contracted room nights Occupancy % 84% 34% 50% Revenue 76.9 33.7 43.2 ✚ Community Solutions delivere
Slide 15: Building Solutions Performance
12 10 Building Solutions Performance 400 350 8 6 FY24 FY25 300 4 250 2 200 0 150 ✚ Revenue growth of 15% delivered through progress on the revenue 100 $ Million FY25 FY24 Var 50 Repeat % Revenue 83% 74% 9% diversification strategy across key sectors including: 0 400 § Education: recurring public edu
Slide 16: Building Solutions projects delivered in FY25
Building Solutions projects delivered in FY25 Commercial Early Learning Housing Tourism Bluescope Offices NSW Moora Childcare WA Piara Waters WA Discovery Parks SA Housing Housing Education Sport & Recreation QBuild Kingaroy QLD QBuild Innisfail QLD Logan Special School QLD Altona Hockey Pavillion V
Slide 17: RV Solutions Performance
-1.0 80 -1.5 FY24 70 -2.0 -2.5 FY25 60 RV Solutions Performance 50 40 -3.0 30 20 10 0 ✚ Difficult market and trading conditions continue to impact Camec $ Million FY25 FY24 Var manufactured products and NRV plumbing services, which sell to Revenue 70.6 75.5 -4.9 the OEM caravan market which declined
Slide 18: Strategy Update & Outlook
Strategy Update & Outlook Bruce Nicholson CEO & Managing Director Searipple Village – Karratha, Western Australia 18
Slide 19: Community Solutions
Community Solutions Strategy Outlook ✚ Optimise Searipple Village across the cycle by working ✚ Searipple Village FY26 contracted occupancy is currently with long term counterparties to secure base contracted 82% with opportunity to build on the base contracted business, layering in additional rooms
Slide 20: Building Solutions
Building Solutions Strategy Outlook ✚ A sharper focus on the Build, Transform, Grow strategic ✚ The order book at the end of August was $115M. The pipeline to initiatives will improve the quality and consistency of earnings replenish remains strong with over $200M in tender submissions ✚ Simplify sy
Slide 21: RV Solutions
RV Solutions Strategy Outlook ✚ Digital refresh of Camec brand to grow online, retail and ✚ The OEM market segment is expected to remain challenged CRVS dealer network sales to the aftermarket segment in the face of increased competition from imports of caravans as consumers seek out lower cost opti
Slide 22: Summary
Summary ✚ Underlying EBIT $37.7M, a $29.5M improvement on FY24 ✚ Strong earnings momentum and disciplined working capital management delivered a $29.7M improvement in free cash flow ✚ Reflective of the strong balance sheet and improvement in earnings, the Board declared a final fully franked dividen
Slide 23: Solid foundation with growing momentum
Solid foundation with growing momentum to deliver sustainable earnings and shareholder returns 23
Slide 24: Q&A
Q&A 24
Slide 25: Important Notices and Disclaimer
Important Notices and Disclaimer The information contained in this presentation is provided by Fleetwood Limited ACN. 009 205 261 (Fleetwood) for informational purposes only and does not constitute an offer, invitation or recommendation to subscribe for or purchase any securities and neither this pr
Slide 26: Thank you
Thank you For further information, please contact: Cate Chandler Chief Financial Officer 0419 186 575 Investor Relations: info@fleetwood.com.au 26