Cti Logistics Limited · ASX:CLX
Cti Logistics — Shareholder Meeting (November 2012)
25 slides from Cti Logistics's shareholder meeting presentation, Nov 28, 2012
Slide 1: ASX cover letter - results of meeting and presentation
ABN 69 008 778 925 1 Drummond Place West Perth WA 6005 Postal Address PO Box 400 West Perth Western Australia 6872 For personal use only Telephone (08) 9422 1100 Facsimile (08) 9227 8000 Email corporate@ctilogistics.com Web www.ctilogistics.com 28 November 2012 The Manager Company Announcements Offi
Slide 2: Annual General Meeting 27 November 2012
For personal use only Annual General Meeting 27 November 2012
Slide 3: Chairman's welcome
For personal use only 2 Chairman’s welcome David Watson
Slide 4: Joint Managing Director's presentation
For personal use only 3 Joint Managing Director’s presentation Bruce Saxild
Slide 5: FY2012 Highlights
FY2012 Highlights For personal use only 4 Revenue up by EBITDA up by 20.6% NPAT up by 18.2% 33.5% Acquired Action Couriers, one of the Earnings Per share Dividends per share largest independent up by 18.2% up by 30% courier companies in Perth Commenced Increased Increased construction of the warehou
Slide 6: Update on Hazelmere
Update on Hazelmere For personal use only 5 Four hectare site at Hazelmere purchased in 2010 for $7.9 million Stage 1 development for completion by Jan 2013 Provides increased capacity in a rapidly expanding and strategically important area of Perth
Slide 7: Expanding operations
Expanding operations For personal use only 6 Significant coverage of Perth metropolitan area Expansion supported by strategic acquisitions and organic growth Specialised facilities allow for the business to support a diverse range of logistical needs
Slide 8: Key Financials
Key Financials For personal use only 7 • FY2012 - $96,751,645 * Revenue • FY2011 - $72,499,159 Up 33.5% • FY2012 - $15,243,342 EBITDA • FY2011 - $12,643,664 Up 20.6% • FY2012 - $7,332,490 NPAT • FY2011 - $6,204,964 Up 18.2% * Includes revenue of $7,941,569 for Action Couriers – purchased August 2011
Slide 9: Key Financials
Key Financials For personal use only 8 • FY2012 - 12.41 cents EPS Up 18.2% • FY2011 - 10.50 cents * • FY2012 - 6.5 cents DPS Up 30% • FY2011 - 5.0 cents * • FY2012 – $33.4 million NTA Up 4.4% • FY2011 – $32.0 million * Adjusted for the bonus issue June 2012
Slide 10: Financials
Financials For personal use only 9 Profit Revenue $100,000,000 $17,500,000 $80,000,000 $15,000,000 $12,500,000 $60,000,000 $10,000,000 $40,000,000 $7,500,000 $20,000,000 $5,000,000 $2,500,000 $0 2009 2010 $0 2011 2012 2009 2010 2011 2012 2009 2010 2011 2012 PAT $4,166,998 $4,730,893 $6,204,964 $7,33
Slide 11: Financials
Financials For personal use only 10 Net cash inflow EPS and DPS $8,000,000 $7,000,000 $0.1400 $6,000,000 $0.1200 $5,000,000 $0.1000 $4,000,000 $3,000,000 $0.0800 $2,000,000 $0.0600 $1,000,000 $0.0400 $0 2009 2010 $0.0200 2011 2012 $0.0000 2009 2010 2011 2012 2009 2010 2011 2012 2009 2010 2011 2012 N
Slide 12: Financials by Segment
Financials by Segment For personal use only 11 2011 2012 Other 15% Revenue Property 1% Other 10% ($9.8m) ($10.5m) ($0.8m) Property 1% ($0.7m) Logistics 25% Logistics 19% Up 33.5% ($24m) Transport ($13.8m) Transport 64% 65% ($61.5m) ($46.8m) Net profit after tax Other 4% Other 11% Property 3% ($0.5m)
Slide 13: Strategy
Strategy For personal use only 12 Develop CTI’s minerals and energy division by aggressively targeting key contractors to the major projects in WA Fine tune and increase CTI’s parcel distribution foot print using technology and route planning efficiencies to take advantage of online sales growth Ram
Slide 14: Outlook
Outlook FY2013 Initiatives For personal use only 13 Commission and make Target completion date profitable the new Hazelmere January 2013 distribution centre Improve back room Commission a new security efficiencies to allow for software platform growth Become a leading provider of Further develop CTI
Slide 15: Formal Meeting - Ordinary Business
For personal use only 14 Formal Meeting Ordinary Business
Slide 16: Financial Report
Financial Report For personal use only 15 To receive and consider the Financial Statements and reports of the directors and of the auditors for the year ended 30 June 2012.
Slide 17: Remuneration Report
Item 1 For personal use only 16 Remuneration Report To adopt the Company’s Remuneration Report for the year ended 30 June 2012.
Slide 18: Remuneration Report - Proxy Votes
Item 1 For personal use only 17 Remuneration Report – Proxy Votes Proxies For 4,440,924 Against 50,700 Abstained At Proxy’s Discretion 16,876
Slide 19: Re-election of directors
Item 2 For personal use only 18 Re-election of directors That Mr David Mellor, who retires by rotation in accordance with the Company’s Constitution and, being eligible, offers himself for re-election, be re- elected as a director of the Company.
Slide 20: Re-election of directors - Proxy Votes
Item 2 For personal use only 19 Re-election of directors – Proxy Votes Proxies For 4,477,224 Against 7,200 Abstained 7,200 At Proxy’s Discretion 16,876
Slide 21: Re-election of directors
Item 3 For personal use only 20 Re-election of directors That Mr Peter Leonhardt, who retires by rotation in accordance with the Company’s Constitution and, being eligible, offers himself for re-election, be re-elected as a director of the Company.
Slide 22: Re-election of directors - Proxy Votes
Item 3 For personal use only 21 Re-election of directors – Proxy Votes Proxies For 4,484,424 Against Abstained 7,200 At Proxy’s Discretion 16,876
Slide 23: Formal Meeting - Special Business
For personal use only 22 Formal Meeting Special Business
Slide 24: Approval of a new Dividend Reinvestment Plan and Bonus Plan
Item 4 For personal use only 23 Approval of a new Dividend Reinvestment Plan and Bonus Plan That the Company adopt a new Dividend Reinvestment Plan and Bonus Share Plan.
Slide 25: Dividend Reinvestment Plan and Bonus Share Plan - Proxy Votes
Item 4 For personal use only 24 Approval of new Dividend Reinvestment Plan and Bonus Share Plan – Proxy Votes Proxies For 4,424,124 Against 43,500 Abstained 24,000 At Proxy’s Discretion 16,876