2025 AGM CEO's Presentation
| Stock | Gale Pacific Ltd (GAP.ASX) |
|---|---|
| Release Time | 28 Nov 2025, 8:25 a.m. |
| Price Sensitive | Yes |
Gale Pacific CEO's 2025 AGM Presentation
- FY25 results with revenue of $172 million and normalised EBITDA of $19.5 million
- Q1FY26 trading update with revenue of $40.2 million and EBITDA of $1.3 million
- Progress on key priorities including Americas operating model reset and manufacturing diversification
Gale Pacific's CEO Troy Mortleman delivered the company's 2025 AGM presentation, providing an overview of the business, FY25 results, Q1FY26 trading update, strategy refinement, and key priorities and outlook. FY25 results showed revenue of $172 million, down 1% from the prior period, and normalised EBITDA of $19.5 million, up $0.9 million. The Q1FY26 trading update reported revenue of $40.2 million and EBITDA of $1.3 million. Key priorities include growing share in new channels, accelerating manufacturing diversification, driving cost efficiency, and deepening connections with end-users. The company has made progress on its Americas operating model reset, with a 24% reduction in the US workforce and plans to pilot roller shade production in Southeast Asia.The outlook highlights continued uncertainty around US trade policy and tariffs, with the company expecting H1FY26 EBITDA of around $4 million. Further performance guidance will be provided in future updates.The presentation also covered the company's brand and website refresh, aiming to create globally cohesive and modern brands, differentiate in a competitive market, and enable improved e-commerce and customer engagement.
The company expects H1FY26 EBITDA of around $4 million. Further performance guidance will be provided in future updates.
The company is positioned well to maximise the Australian peak summer trading period, though the Americas retail trading conditions are expected to remain challenging due to the impact of tariffs. Continued uncertainty in US trade policy on tariffs is also noted. Growth in project activity is expected to continue in the Middle East.