Freightways Group Limited · NZX:FRW
Freightways — Shareholder Meeting (October 2015)
28 slides from Freightways's shareholder meeting presentation, Oct 29, 2015
Slide 1: Freightways Annual Shareholders Meeting
Freightways Annual Shareholders Meeting 29 October 2015
Slide 2: Sue Sheldon: Chairman's Introduction
Sue Sheldon Chairman's Introduction Annual Shareholders Meeting | 29 October 2015
Slide 3: Agenda
Agenda Chairman’s Introduction Managing Director’s Review and Trading Update Resolutions Annual Shareholders Meeting | 29 October 2015
Slide 4: Financial Highlights
Financial Highlights Underlying Underlying Non‐ 2015 trading trading $M Note recurring Increase Result result result items Jun‐15 Jun‐14 Revenue 479.5 ‐ 479.5 432.3 10.9% EBITDA (i) 86.5 9.0 95.5 83.9 13.9% EBITA (ii) 73.8 9.0 82.8 72.0 15.0% NPATA (iii) 44.8 6.5 51.3 44.0 16.6% NPAT (iv) 43.3 6.5 4
Slide 5: Non-Recurring Items
Non‐Recurring Items 2015 result included 5 more trading days than PCP: approximate benefit $7m revenue, $2m EBITDA & EBITA and $1.4m NPATA and NPAT Directors believe non-recurring items should be excluded when assessing the underlying trading performance of Freightways. The following non-recurri
Slide 6: Financial Highlights
Financial Highlights Underlying Underlying Non‐ 2015 trading trading $M Note recurring Increase Result result result items Jun‐15 Jun‐14 Revenue 479.5 ‐ 479.5 432.3 10.9% EBITDA (i) 86.5 9.0 95.5 83.9 13.9% EBITA (ii) 73.8 9.0 82.8 72.0 15.0% NPATA (iii) 44.8 6.5 51.3 44.0 16.6% NPAT (iv) 43.3 6.5 4
Slide 7: Express Package & Business Mail
Express Package & Business Mail Jun‐15 Jun‐14 Increase $M $M Operating Revenue 359.9 331.9 8.4% EBITDA* 68.3 60.7 12.6% EBITA* 61.7 54.5 13.2% EBITA Margin* 17.1% 16.4% * Excludes non-recurring items Annual Shareholders Meeting | 29 October 2015
Slide 8: Information Management
Information Management Jun-15 Jun-14 Increase $M $M Operating Revenue 121.7 102.7 18.4% EBITDA* 28.7 24.4 17.9% EBITA* 24.1 20.1 20.2% EBITA Margin* 19.8% 19.5% * Excludes non-recurring items Annual Shareholders Meeting | 29 October 2015
Slide 9: Final Dividend
Final Dividend Final dividend: 12.5 cps Imputation credits: 4.8611 cps (at 28% tax rate) Supplementary dividend: 2.2059 cps Record date: 18 September 2015 Payment date: 5 October 2015 No DRP was offered in respect of the 2015 Final Dividend Annual Shareholders Meeting | 29 October 2015
Slide 10: Dean Bracewell: Managing Director's Presentation
Dean Bracewell Managing Director’s Presentation Annual Shareholders Meeting | 29 October 2015
Slide 11: Managing Director's Presentation
Managing Director’s Presentation Industry Overview and Business Description Business Strategy Trading Update Outlook Annual Shareholders Meeting | 29 October 2015
Slide 12: Express Package & Business Mail
Express Package & Business Mail
Slide 13: Express Package & Business Mail
Express Package & Business Mail Network Courier Point‐to‐Point Business Mail Support Annual Shareholders Meeting | 29 October 2015
Slide 14: Information Management
Information Management
Slide 15: Information Management
Information Management Manage Transform Destroy Archive Security Imaging & document capture Secure destruction DataBank & data security Automated accounts payable eDestruction FileSaver Workflow Solutions Product destruction Secure Distribution Services Digital mailroom Paper recycling LitSupport –
Slide 16: Business Strategy
Business Strategy Annual Shareholders Meeting | 29 October 2015
Slide 17: Business Strategy
Business Strategy Develop organic growth opportunities Diversification: Industry and Geography Positioning, People, Performance, Profit Explore complementary acquisition and alliance opportunities Annual Shareholders Meeting | 29 October 2015
Slide 18: Trading Update
Trading Update Annual Shareholders Meeting | 29 October 2015
Slide 19: Operating Revenue
Operating Revenue 600 500 400 $M 300 200 100 - 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Year Ended 30 June 2nd Half • 11% higher revenue compared to PCP 1st Half Annual Shareholders Meeting | 29 October 2015
Slide 20: EBITA
EBITA 90 80 70 60 50 $M 40 30 20 10 - 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Year Ended 30 June 2nd Half • 15% higher EBITA compared to PCP 1st Half NB: This graph represents the operating profit before interest, tax and amortisation of intangibles, exclusive of any non-rec
Slide 21: Consolidated financial performance
Consolidated financial performance (Qtr ended 30 September 2015) Excluding extra 5 trading Quarter ended: days: Sep‐15 Sep‐14 Sep‐14 Increase Increase $000 $000 $000 Operating Revenue 126,783 122,299 3.7% 115,299 10.0% EBITDA 25,296 24,406 3.6% 22,406 12.9% EBITA 22,215 21,345 4.1% 19,345 14.8% NPAT
Slide 22: Express package & business mail
Express package & business mail (Qtr ended 30 September 2015) Excluding extra 5 trading Quarter ended: days: Sep‐15 Sep‐14 Sep‐14 Decrease Increase $000 $000 $000 Operating Revenue 92,187 94,276 (2.2)% 88,276 4.4% EBITDA 17,067 17,881 (4.6)% 16,381 4.2% EBITA 15,601 16,299 (4.3)% 14,799 5.4% EBITA M
Slide 23: Information management
Information management (Qtr ended 30 September 2015) Excluding extra 5 trading Quarter ended: days: Sep‐15 Sep‐14 Sep‐14 Increase Increase $000 $000 $000 Operating Revenue 35,178 28,795 22.2% 27,795 26.6% EBITDA 8,633 6,997 23.4% 6,497 32.9% EBITA 7,426 5,914 25.6% 5,414 37.2% EBITA Margin 21.1% 20.
Slide 24: Outlook
Outlook
Slide 25: Outlook
Outlook Well positioned to benefit from the growth opportunities that exist in the markets we operate in Express package market expected to continue to expand, albeit not at the same rate as seen in FY15 result Our smaller business mail operations of DX Mail and Dataprint expected to sustain t
Slide 26: Questions
Freightways
Slide 27: Resolutions
Resolutions Election of Director Re-election of Directors Approval of Directors’ Fees Authority to fix Auditors’ Remuneration Annual Shareholders Meeting | 29 October 2015
Slide 28: Freightways Annual Shareholders Meeting
Freightways Annual Shareholders Meeting 29 October 2015
Freightways Group — Shareholder Meeting (October 2015) on 6ix