Dgl Group Limited · ASX:DGL
Dgl — Shareholder Meeting (November 2022)
17 slides from Dgl's shareholder meeting presentation, Nov 15, 2022
Slide 1: 2022 AGM Presentation
For personal use only 2022 AGM PRESENTATION 15 November 2022 2022 AGM PRESENTATION | [X] NOVEMBER 2022
Slide 2: Our Vision
OUR VISION Founded in New Zealand in 1999, DGL For personal use only Group (“DGL” or the “Group”) has grown into a diversified industrial group operating throughout Australia and New Zealand. The Group’s vision is to leverage its asset base, customer relationships and trusted brand to build a divers
Slide 3: Industrial Services We Provide
INDUSTRIAL SERVICES WE PROVIDE SPECIALISED CHEMICAL MANUFACTURING, TRANSPORTATION, LOGISTICS AND RECYCLING SERVICES TO A DIVERSE RANGE OF INDUSTRIES¹ For personal use only CHEMICAL WAREHOUSING & MANUFACTURING DISTRIBUTION Formulation and Collection, manufacturing transportation, of specialty storage
Slide 4: Quality, Health, Safety & Environment
QUALITY, HEALTH, SAFETY & ENVIRONMENT QUALITY, HEALTH, SAFETY & ENIVRONMENTAL REMAINS DGL’S NUMBER ONE PRIORITY For personal use only Health and Environmental Safety Plan Management Plan FY22 CONSOLIDATED GROUP LTIFR¹ OF 9.9 Licence and Accreditation Portfolio Health and Safety Environmental Managem
Slide 5: Environmental, Social, and Governance
ENVIRONMENTAL, SOCIAL, AND GOVERNANCE DEVELOPING ESG FRAMEWORK AS DGL MATURES AS A BUSINESS For personal use only KEY INITIATIVES Environmental Social ESG approach centres around the following United Nations Sustainability Development Goals: CLEAN WATER GENDER EQUALITY • State-of-the-art liquid wast
Slide 6: Track Record of Robust Growth
TRACK RECORD OF ROBUST GROWTH ACCELERATION OF GROWTH ACROSS KEY METRICS IN PURSUIT OF ENHANCED SCALE, EFFICIENTLY UTILISING AVAILABLE CAPITAL For personal use only FY22 KEY HIGHLIGHTS (vs PF FY21) SALES REVENUE² ($m) UNDERLYING EBITDA¹,² ($m) +88% (+$173.3m) 369.8 65.6 Sales Revenue +31% +64% CAGR C
Slide 7: Significantly Enhanced Scale
SIGNIFICANTLY ENHANCED SCALE STRATEGIC INVESTMENT UNDERTAKEN TO ACHIEVE GROWTH, DE-RISKING OPERATING MODEL For personal use only • FY22 revenue growth (+$173m vs. PF FY21) and net tangible assets (+$40m vs. FY21) evidencing scale and balance sheet strength $370m $207m • Growth in strategically locat
Slide 8: Strengthened Trans-Tasman Network
STRENGTHENED TRANS-TASMAN NETWORK DIVERSE AND STRATEGIC GEOGRAPHICAL FOOTPRINT ACROSS AUSTRALIA AND NEW ZEALAND For personal use only 1 (+1 since IPO in May 2021) NT 60 Sites across Aust. & NZ1 Increased geographic coverage strengthens (+34 since May 2021) DGL's network of assets 14 QLD (+11) ~500,0
Slide 9: Strong Organic Growth Supported by Strategic Acquisitions
STRONG ORGANIC GROWTH SUPPORTED BY STRATEGIC ACQUISITIONS RAPID GROWTH SINCE FY19, BOTH ORGANICALLY AND BY ACQUISITION, A DIRECT RESULT OF UNDERLYING STRATEGY For personal use only ORGANIC VS ACQUIRED GROWTH ($m) • DGL has achieved strong EBITDA growth from $5 million in 27 66 ~ 15 FY19 to $66 milli
Slide 10: Importance of Customer-Led Strategy
IMPORTANCE OF CUSTOMER-LED STRATEGY ABILITY TO PROCURE AND HOLD INVENTORY PROVIDES A STRATEGIC ADVANTAGE TO ENSURE SUPPLY, INCREASE MARGIN AND GAIN SHARE For personal use only • During H2 FY22, DGL undertook a deliberate strategy to procure higher levels of inventory, permitted by a disciplined use
Slide 11: FY22 Operating Cash Flows
FY22 OPERATING CASH FLOWS INVENTORY HOLDINGS TO STABLISE, IMPROVING CASH FLOW CONVERSION IN FY23 For personal use only 51 FY22 OPERATING FREE CASH FLOW 18 • DGL utilised its balance sheet strength during FY22, investing in inventory to meet customer demand during a year of extreme supply chain imbal
Slide 12: Property and Projects Capacity
PROPERTY AND PROJECTS CAPACITY INVESTMENT IN PROPERTY PROVIDES STRATEGIC FLEXIBILITY & SECURITY, ANOTHER COMPETITIVE ADVANTAGE For personal use only FY22 PROJECT HIGHLIGHTS & FY23 OUTLOOK FY22 and FY23 Auckland chemical Continued investment in Redevelopment of Assessing further Phased roll out of Es
Slide 13: Divisional Strategy Update
DIVISIONAL STRATEGY UPDATE TARGETED STRATEGY ACROSS DIVISIONS TO CONTINUE GROWTH, ACHIEVING FURTHER ECONOMIES OF SCALE For personal use only CHEMICAL MANUFACTURING WAREHOUSING & DISTRIBUTION ENVIRONMENTAL SOLUTIONS • Continue to assess acquisition prospects as • Increased storage capacities through
Slide 14: Summary and Outlook
SUMMARY AND OUTLOOK For personal use only GROWTH & SCALE Strong EBITDA growth from FY19 to FY22, ~70% of this growth achieved organically Enhanced scale allowing investment in expertise and assets not available to all competitors FY23 GUIDANCE*: Expect underlying EBITDA to be in the range of: $70 -
Slide 15: Q&A
For personal use only Q&A CONTACTS: Company Investors Barbara Furci (DGL Group Limited) Sam Wells (NWR Communications) info@dglgroup.com sam@nwrcommunications.com.au +64 9 309 9254 +61 427 630 152 2022 AGM PRESENTATION | 15 NOVEMBER 2022
Slide 16: Appendix
APPENDIX For personal use only Summary Underlying Statutory Underlying Summary Pro-forma Pro-forma Pro-forma Underlying Adjustments Income Statement (A$m) FY22 FY22 Income Statement (A$m) FY201 FY212 FY22 Sales revenue 369.8 369.8 Sales revenue 180 196 370 Cost of sales (231.9) (231.9) Cost of sales
Slide 17: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER NO RELIANCE FORWARD LOOKING STATEMENTS For personal use only The information contained in this document is not investment or financial product advice and is This document contains certain forward-looking statements and comments about future not intended to be relied u