DGL Group Ltd
ASX:DGL

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DGL Group Ltd Logo
DGL Group Ltd
ASX:DGL
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Price: 0.535 AUD Market Closed
Market Cap: AU$152.6m

DGL Group Ltd
Investor Relations

DGL Group Ltd. provides chemical manufacturing, warehousing and distribution and environmental services. The firm manufactures, transports, stores and processes chemicals and hazardous waste. The company operates under three segments: Chemical Manufacturing, Warehousing and Distribution and Environmental Solutions. The Chemical Manufacturing division produces its own range of specialty chemicals. The Warehousing and Distribution division offers transport, logistics and warehousing services focusing on hazardous goods across Australia and New Zealand. The services include freight forwarding, inventory management, warehousing, packing and transport. Its waste management activities include liquid waste treatment, used lead acid batteries (ULAB) recycling, lead smelting and refining. The company offers services to the home and garden, fertilizer, agricultural and industrial chemicals markets. The firm's subsidiaries include DGL Manufacturing Pty Ltd, DGL Manufacturing Limited, Chem Pack Pty Ltd and Profill Industries Pty Ltd.

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Last Earnings Call
Fiscal Period
Q4 2024
Call Date
Sep 2, 2024
AI Summary
Q4 2024

Revenue: FY '24 revenue was $465 million, flat year-on-year and broadly in line with expectations despite recent acquisitions.

Profit: Net profit after tax declined, mainly due to higher interest and depreciation, as well as investments in shared services.

Margins: Gross margin rose to $200.4 million (up 16%), with margin percentage up 6 points to 43%, driven by procurement and product mix improvements.

Cash Flow: Operating cash flow dropped to $37.3 million from $59.3 million last year, mainly due to higher finance costs.

Investment: Significant spending on plant upgrades, new systems, and warehouse expansion weighed on short-term profits but is expected to boost future earnings.

Outlook: Management expects companies acquired in the past year to contribute significantly to FY '25 profits, with focus shifting to organic growth and extracting value from recent investments.

Key Financials
Revenue
$465 million
Gross Margin
$200.4 million
Gross Margin Percentage
43%
EBITDA
$63.7 million
EBITDA Margin
13.7%
Net Profit After Tax
$14.1 million
Underlying Net Profit After Tax
$15.5 million
Depreciation
$30.3 million
Operating Expenses
$140 million
Operating Cash Flow
$37.3 million
Cash Flow Conversion
86%
CapEx
$30 million
Business Acquisitions Outflow
$13 million
Net Debt
$114 million
Net Debt / EBITDA
1.78x
Net Asset Position
$342 million
Net Working Capital
$62 million
Earnings Call Recording
Other Earnings Calls
2024

Management

Mr. Simon Henry
Founder, Executive Director & CEO
No Bio Available
Mr. Frank Izzo
Chief Financial Officer
No Bio Available
Mr. Alex Wing
Chief Operating Officer
No Bio Available
Ms. Hanna Posa
General Counsel & Company Secretary
No Bio Available
Mr. Robert William Sushames
Executive Director & General Manager of - DGL Manufacturing (Australia) Pty Ltd
No Bio Available
Keith Mau
General Manager of Environmental Solutions
No Bio Available
Bill Say
Commercial Manager
No Bio Available
Mr. Brendan Lum
Financial Controller
No Bio Available
Mr. P. Segura
Site Manager
No Bio Available

Contacts

Address
AUCKLAND
Level 12, 63 Albert Street
Contacts
+6493099254.0
www.dglgroup.com