Coventry Group (CYG) AGM 2025 Presentation summary

Opening remarks and agenda

• Meeting agenda included FY25 financial performance, leadership updates, strategy, YTD update, and summary.

Financial performance review

• FY25 group revenue declined 1.7% to A$364.6m, and EBITDA dropped 40.9% to A$12.3m.

• Fluid Systems revenue fell 7.4% to $147.4m, with EBITDA down 29.1% due to D365 implementation and project delays.

• Trade Distribution revenue grew 2.7% to $217.8m, but EBITDA decreased 13.4% amid industry downturn and branch costs.

• YTD October performance showed group sales up 8% and EBITDA up 342% over the prior four months, reflecting positive momentum.

Board and executive committee updates

• Leadership team refreshed with new CFO, CIO, CEO, and several new general managers across business units.