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PWR Holdings (PWH) investor relations material

PWR Holdings AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 summary17 Oct, 2025

Opening remarks and agenda

  • AGM opened at new global headquarters, with acknowledgment of First Nations people and a welcome to in-person and webcast attendees.

  • Notice of meeting was distributed on 8 September 2025, proxies received from 331 shareholders representing 42% of issued capital.

  • Introduction of board members, management, auditors, bankers, lawyers, and share registry representatives.

Board and executive committee updates

  • Kees Weel retires as Managing Director, stands for election as Non-Executive Director and Chairman.

  • Matthew Bryson serves as Acting CEO; a global search for a permanent CEO is underway, with emphasis on cultural alignment.

  • Christian appointed as Lead Independent Director to strengthen governance.

  • Lisa Dalton retires as Company Secretary, succeeded by Alexandra Coleman.

  • Board skills and composition to be reassessed after CEO appointment.

Financial performance review

  • FY 2025 revenue down 6.7% to AUD 30.1 million, in line with guidance; EBITDA and NPAT declined due to OEM contract completions, relocation costs, and growth investments.

  • Cash conversion remained robust, balance sheet strong with modest leverage.

  • Aerospace and defense revenue grew 28% YoY; motorsports revenue increased, while OEM and aftermarket declined.

  • 21% growth in emerging technology revenue; team turnover improved by 9 percentage points.

  • Q1 FY 2026 revenue up 6% YoY despite power connection delays; strong order book for motorsports and A&D.

What is Matthew Bryson's long-term role?
New facility's impact on unit costs and margins?
Future strategy for OEM and aftermarket?
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Frequently asked questions

PWR Holdings Limited is an Australian company specializing in the design, manufacturing, and supply of high-performance cooling solutions primarily for the automotive, motorsports, and aerospace sectors. The company's product range includes radiators, oil coolers, intercoolers, and custom cooling systems that are engineered to enhance vehicle performance under extreme conditions. PWR serves clients globally, including automotive manufacturers, racing teams, and defense contractors, providing advanced thermal management solutions tailored to demanding environments. The company is headquartered in Ormeau, Queensland, Australia, and its shares are listed on the Australian Securities Exchange.

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