Coventry Group (CYG) Investor Presentation summary

Business restructuring and leadership changes

• Business restructured to capitalize on growth opportunities in Trade Distribution and Fluid Systems.

• Nik Alpert appointed Head of Trade Distribution; Brody Sewell promoted to Head of Fluid Systems, both reporting directly to the Board.

• Anne Lockwood and Daniel Palumbo joined the Board in the last six months, bringing significant executive experience.

• Direct reporting to the Board aims to enhance oversight and enable faster decision-making.

Operational focus and margin improvement

• Attractive and improving gross margins support favorable business economics.

• Excessive operational costs have led to contribution margins below expectations; cost reduction initiatives underway.

• Corporate overhead reduction is a key focus, with several actions already implemented.

Technology and process enhancements

• Significant investment in a new ERP system (D365) to improve reporting, pipeline visibility, and customer insights.

• Leveraging PowerBI and CRM tools to enhance business processes and customer experience.