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Bremworth (BRW) investor relations material
Bremworth AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting held both in-person and online, marking the first AGM for the current board and CEO.
Attendees included auditors, legal, and financial advisors; administrative matters and safety instructions were covered.
Presentations from the Chair and CEO were scheduled, followed by shareholder Q&A and general discussion.
Five resolutions were to be addressed, as notified in advance.
Board and executive committee updates
Board refreshed in March, bringing diverse experience in agribusiness, manufacturing, retail, and governance.
Board comprises Rob Hewett (Chair), Julie Bohnenn, Trevor Burt, Murray Dyer, and Grant Biel.
Directors have been hands-on, spending significant time in plants and with customers.
CEO Craig Woolford and his executive team were introduced, with thanks to advisors and auditors.
Leadership team rebuilt with new CFO, sales, operations, and IT heads, fostering renewed accountability and customer focus.
Financial performance review
Revenue increased to NZD 88.4 million from NZD 80.3 million in 2024, driven by reinstated production and improved customer relationships.
Normalised EBITDA loss was NZD 13.5 million, compared to a NZD 4.7 million loss the previous year.
Net profit after tax was NZD 19.1 million, up from NZD 4.6 million, due to insurance proceeds and restructuring.
Second half of FY2025 showed improvement as cost controls and manufacturing stabilized.
Cash position at year-end was NZD 42.2 million.
- TimeTickerHeadlineOpen
- 6 FebCPT
2025 results beat guidance; Sun Belt focus, asset sales, and share buybacks drive 2026 strategy. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and strategic spin-offs for future growth. - 6 FebCRI
H1 2025 saw a return to profit, record revenues, and strong cash from major space projects. - 6 FebSCW
Q2 2025 revenue up 120% y/y, driven by record Asian contract and backlog growth. - 6 FebSCW
Revenue up 89% y/y, record backlog, and new strategy for European optical payload leadership. - 6 FebSCW
Q2 2024 revenue up 115% y/y, backlog nearly doubled, driven by major space contracts. - 6 FebSCW
Space segment drives 29% revenue growth, strong backlog and contracts support 2025 outlook. - 6 FebSCW
73% revenue growth, record backlog, and major space contracts drive expansion and investment. - 6 FebPENG
All proposals passed, with no questions raised and results to be filed on Form 8-K. - 6 FebSCW
Q1 2025 revenue surged 97% year-over-year, with strong backlog and new contracts secured.
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