MOVE Logistics Group (MOV) ASM presentation 2025 summary

Board and leadership updates

• Board priorities for FY25 include capital management, business transformation, and talent development.

• Julia Raue appointed Chair in June 2024; new directors elected in October 2024.

• Strengthened and refreshed leadership team, including new CEO and key GM appointments.

Transformation programme and strategy

• Accelerate transformation programme launched June 2024, focusing on cost reduction, productivity, and customer service.

• Achieved ~$27m cost reduction in FY25 and identified further asset divestments.

• Renewed funding arrangements and extended bank facilities to support working capital.

• Clear four-year roadmap (FY25–FY28) with phases: Re-set, Step Up, Stand Out.

Financial performance and operational highlights

• FY25 revenue $286.3m (-2.6% YoY); gross margin $83.5m (+13.4% YoY); gross margin % up 4.1pp to 29.2%.

• Normalised EBT improved 61.1% to $(10.0)m; positive net adjusted operating cashflow.

• Q4 FY25 and Q1 FY26 delivered strongest gross margin % in two years.

• Operating costs down ~$27m in FY25; further $3m reduction in Q1 FY26.