Dgl Group Limited · ASX:DGL
Dgl — Shareholder Meeting (November 2023)
20 slides from Dgl's shareholder meeting presentation, Nov 14, 2023
Slide 1: 2023 AGM Presentation
2023 AGM PRESENTATION Tuesday, 14th November 2023 dglgroup.com
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER NO RELIANCE FORWARD LOOKING STATEMENTS The information contained in this document is not investment or financial product This document contains certain forward-looking statements and comments about future events. Forward advice and is not intended to be relied upon as
Slide 3: About DGL
ABOUT DGL Founded in New Zealand in 1999, DGL Group (“DGL” or the “Group”) operates in Australia, New Zealand and internationally. DGL is a well-established and highly diversified industrial group offering an unparalleled end-to-end supply chain service, including chemical and industrial formulation
Slide 4: Board of Directors
BOARD OF DIRECTORS TIM HOSKING SIMON HENRY Chairman, Non-Executive Director Founder, Executive Director and CEO JOHN WEST Independent, Non-Executive Director ROBERT SUSHAMES Director ANDREW DRAFFIN ROB PERKINS Company Secretary Chief Financial Officer 2023 AGM PRESENTATION | 14 NOVEMBER 2023 Page 4
Slide 5: Diversified Industrial Services
DIVERSIFIED INDUSTRIAL SERVICES DGL PROVIDES SPECIALISED CHEMICAL MANUFACTURING, TRANSPORTATION, LOGISTICS AND RECYCLING SERVICES TO A DIVERSE RANGE OF INDUSTRIES INDUSTRIES PRODUCTS & SERVICES Automotive Manufacturing Agriculture Industrial Services Building & Trade Labels & Packaging Chemical Prod
Slide 6: Health, Safety, Environment & Quality
HEALTH, SAFETY, ENVIRONMENT & QUALITY HSEQ REMAINS DGL’S NUMBER ONE PRIORITY Integrated Management System 1 FY23 Group LTIFR of 8.2 2 Licence & Accreditation Portfolio More than 20 years of accumulated IP and licenses to ensure HSEQ Health and Safety Quality Management Environmental standards. Begin
Slide 7: Environmental, Social and Governance
ENVIRONMENTAL, SOCIAL AND GOVERNANCE OUR ESG FRAMEWORK IS EVOLVING AS DGL GROUP GROWS AND MATURES Our Environmental, Social and Corporate Governance approach centres on KEY INITIATIVES the following United Nations Sustainability Development Goals: Environmental Social CLEAN WATER DIVERSITY • New gro
Slide 8: Performance Highlights
PERFORMANCE HIGHLIGHTS FY23 vs FY22 KEY HIGHLIGHTS ● +26% growth in FY23 sales revenue to $466.0 million vs. the prior Total Revenue Underlying EBITDA corresponding period (pcp) $ 466m $ 64.1m ● +27% growth in underlying EBITDA to $64.1m vs. pcp + 26% + 27% ● +113% growth in cashflow from operations
Slide 9: Significantly Enhanced Scale
SIGNIFICANTLY ENHANCED SCALE FY22 FY23 SALES REVENUE $369.8m $466.0m +26% CHEMICAL STORAGE 170,000t 200,000t +18% OWNED TRUCKS, TANKERS & TRAILERS 185 330 +78% EMPLOYEES 550+ 800+ +45% SITES 54 75 +39% EXTERNAL CUSTOMERS 3,200 4,200 +31% 2023 AGM PRESENTATION | 14 NOVEMBER 2023 Page 9
Slide 10: FY23 Financial Highlights
FY23 FINANCIAL HIGHLIGHTS DGL GROUP CONTINUES TO PERFORM STRONGLY FY23 HIGHLIGHTS (vs FY22) SALES REVENUE ($m) GROSS PROFIT ($m) H2 466.0 H2 171.7 SALES REVENUE $466.0m H1 369.8 248.8 H1 137.9 92.6 226.8 +26% (+$96.2m) 84.5 154.4 60.7 103.8 217.2 37.0 79.1 143.0 53.4 50.6 23.7 GROSS PROFIT $171.7m F
Slide 11: DGL Has Continued to Grow
DGL HAS CONTINUED TO GROW GROSS REVENUE ACTIVE CUSTOMERS ● FY23 revenue growth and increase in market share has H2 466.0 been driven by: H1 369.8 248.8 4,258 • increased sales volumes to existing customers 226.8 • price increases to reflect higher input costs 3,250 154.4 • acquisitions and increased
Slide 12: DGL's Strategy Is Delivering Results
DGL’S STRATEGY IS DELIVERING RESULTS ● Leveraging increased scale, broader IP, and capabilities to deliver a wider range of services & solutions to our growing customer base ● Further diversification of customers across multiple industries, products, and commodity sectors ● Increasing momentum in ou
Slide 13: Strengthened Trans Tasman Network
STRENGTHENED TRANS TASMAN NETWORK DIVERSE AND STRATEGIC GEOGRAPHICAL FOOTPRINT ACROSS AUSTRALIA AND NEW ZEALAND 75 NT 1 QLD 21 Sites across Aust. NZ¹ Increased geographic coverage strengthens DGL's network of assets NSW 11 ~500,000+ sqm Total Site Size¹ DGL provides a single platform, reducing relia
Slide 14: Increased Capabilities and Scale
INCREASED CAPABILITIES AND SCALE EMPLOYEES OWNED TRUCKS, TANKERS & TRAILERS OWNED & LEASED SITES 333 75 832 54 554 185 29 290 47 FY21 FY22 FY23 FY21 FY22 FY23 FY21 FY22 FY23 ● Significant added capabilities and new employees from acquisitions with some being promoted into roles with a wider group re
Slide 15: FY23 Achievements
FY23 ACHIEVEMENTS DRIVE CROSS SELLING BETWEEN INVESTMENT IN CAPITAL ACHIEVE FURTHER ECONOMIES TARGETED ACQUISTIONS SEGMENTS PROJECTS OF SCALE ● Newly acquired businesses ● Established additional ● Increased utilisation of ● Strategic acquisitions are provide opportunities for manufacturing capabilit
Slide 16: DGL Group - Growth Strategy
DGL GROUP - GROWTH STRATEGY DGL IS AN ESTABLISHED END-TO-END CHEMICAL SERVICES PROVIDER TO CRITICAL INDUSTRIES DGL provides specialised chemical services, with growing reach into critical industries including crop protection, transport, manufacturing, mining, water, and construction DGL provides a c
Slide 17: Planned Activities for FY24
PLANNED ACTIVITIES FOR FY24 DRIVE CROSS SELLING BETWEEN INVESTMENT IN CAPITAL ACHIEVE FURTHER ECONOMIES IDENTIFY ACQUISITIONS SEGMENTS PROJECTS OF SCALE ● Ongoing integration of ● Industrial battery recycling ● Enhance procurement and ● Target well-priced, strategic businesses acquired since the pla
Slide 18: Q1 Trading Update and Outlook
Q1 TRADING UPDATE AND OUTLOOK Q1 FY24 TRADING UPDATE ● Group trading performance in Q1 FY24 is in line with Management’s expectations ● Although the economic environment is showing pockets of weakness, and commodity price volatility is ongoing, the Group’s increasingly diverse operational footprint
Slide 19: Investment Highlights
INVESTMENT HIGHLIGHTS DGL GROUP PROVIDES CRITICAL CHEMICAL AND INDUSTRIAL SERVICES TO A DIVERSE RANGE OF INDUSTRIES AND SECTORS IN AUSTRALIA, NEW ZEALAND AND BEYOND Leadership position in critical chemical and industrial markets in Australia and NZ Robust and diversified business model across produc
Slide 20: Thank You
THANK YOU CONTACT: Barbara Furci (DGL Group Limited) Australia | New Zealand | International info@dglgroup.com dglgroup.com +61 487 962 595