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Why Are We Doing This?. NextLeap Presentations. Why are we doing this? Where are we going? What are we doing? What is everyone’s role?. Learning Points. The concept of a global enterprise Our foundations The need to change Reasons for changing The need to know where we are going. Time.
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NextLeap Presentations • Why are we doing this? • Where are we going? • What are we doing? • What is everyone’s role?
Learning Points The concept of a global enterprise Our foundations The need to change Reasons for changing The need to know where we are going
How Companies Grow Large High-growth Medium-growth Low-growth Small Size Young Mature Age of Organisation Revolution: Stages of Crisis
Business Plan 1. Purpose of the Document Union-Transport has been established as the platform for the development of a global logistics and freight forwarding operation. The industry has activities. In order to compete in the current environment, logistics and freight forwarding organisations need, sophisticated information technology (IT), a global network of offices, buying power with carriers as a result of increased volumes and the capability to handle air and surface transportation modes. Warehousing capabilities and global quality management processes are additional requirements. During the last In this document, Union-Transport sets out to raise USD 20 million to fund the initial cash requirements of an acquisition programme. The currency for further funding will be achieved by listing on a recognised stock exchange such as Luxembourg or the Alternative Investment Market (AIM) in London. The listing will be moved to a major market at a future date. The current valuation of Union-Transport
Goals for the Year 2001 1993 Costa Rica Goals when our Revenues were $160 million/year • Revenue US$ 1 Billion • Growth through sales and strategic acquisitions • Solutions through technology • Operating Profit UD$ 35 millionEarnings US$ 25 million • Market Capitalisation US$ 500 million
Burning Platforms • Global Network • Information Technology • Sales, sales, sales
Costa Rica - 2001 18 met in Costa Rica, in 1993: Tiger Wessels Roger MacFarlane Alan Draper Peter Thorrington Walter Mapham Gordon Abbey John Hextall Dieter Kraus Klaus Steinhoff` Claudia Gerlach Gene Ochi John Locke
Union Air Transport Gerlach Transtec Uniserv FMI Australia Super Air Express Fashion Swift HZ Bernstein GM Miller BTG Logistics Continental CMH
Global Network Including Network Partners 143 212 94 118 31 43 1994 1997 2001 1994 1997 2001 Countries Served Offices Owned
Strategic Customers Spalding Bristol-Myers Squibb Bayer Toyota Ford and Landrover Tyco 3m Estee Lauder Bell Equipment Hitachi Ashanti Goldfields Exxon Mobil General Motors MCI Worldcom Lear Dow Corning Polo Ralph Lauren Merck Adidas Liz Claiborne John Deer Sara Lee Smiths Manufacturing BASF DaimlerChrysler General Electric Panasonic Pepsi Bausch & Lomb Dimension Data Wrigley Segrams
Revenue Million Fiscal years ended January 31
Net Revenue Growth Millions $302 $246 $208 $187 $177 $167 Fiscal years ended January 31
Net Revenue Growth Millions Revenue 1996 Base currency Fiscal years ended January 31
EBITDA Millions Fiscal years ended January 31 International Accounting Standards (IAS)
Earnings (before Amortisation of Goodwill) Millions $25.2 $20.5 $16.4 $12.5 $9.0 Fiscal years ended January 31 International Accounting Standards (IAS)
1993 vs 2001 1993 2001 ($m) ($m) Revenue 164 863 Net Income 1 25 Owners Equity 8 189 Cash 3 62 Market (Value) Capitalisation 30 435 Number of Network Offices 46 427 Number of Employees 750 6,890
Goals for the Year 2000 1993 Costa Rica Goals when our Revenues were $160 million/year • Revenue US$ 1 Billion • Growth through sales and strategic acquisitions • Solutions through technology • Operating Profit UD$ 35 millionEarnings US$ 25 million • Market Capitalisation US$ 500 million
Offering Summary Shares Offered: 5,405,000 (inclusive of underwriters overallocation option) Price: $15 per share Proceeds (net of expenses):$ 76.9 million Trading Range: $14.75 - $20.14 NASDAQ Ticker:UTIW Date of Listing: 2 November 2000 Recent Price:$15.46 Market Capitalisation: $382.5 million Fiscal Year End: January 31
Market Trends • Rising demand for information • Number of suppliers per customer • Global enterprise offerings • Demand for bundled services • Merging of vendor / competitor roles • Increase in e-transactions • Ongoing weakness of some currencies
Our People Preserve the core AND Stimulate progress
Our Purpose We Deliver Competitive Advantage to our Customer's Global Supply Chain
Guiding Strategies I P S G H
Strategies Supply Chain OLUTIONS S P Intelligent NFORMATION I REDICTABLE Performance G H World class LOBAL Growth USTLE R eturns
Aim Ready Fire