Full Year 2024 DGL Group Ltd Earnings Call Transcript

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Sep 02, 2024

Sep 02, 2024 / 12:30AM GMT
Simon Henry - DGL Group Ltd - Chief Executive Officer, Founder, Executive Director

Good morning, ladies and gentlemen. Simon Henry, CEO and Founder of DGL, here to present our FY24 financial results. Joining me on this call today is Frank Izzo, our CFO; and Alex Wing, our COO.

And now we'll page turn through the pack. Let's start on slide 3. DGL is a leading provider of chemicals, and materials, and services to essential industries throughout Australia and New Zealand.

Turning to slide 6. High-level financial numbers, revenue is broadly in line with expectations. EBITDA once again broadly in line with expectations. Net profit after tax is down primarily as a result of increased finance charges, depreciation and our reinvestment into developing out our shared services across the Group. Once again, our cash flows from operations is down as a result of -- primarily as a result of higher interest rates.

Turning to slide 7. Key drivers throughout FY24. We had meaningful volume growth of production and logistics through our various operations. We managed to expand our capacity, both

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