H2g Limited · ASX:H2G
H2g — Shareholder Meeting (May 2020)
19 slides from H2g's shareholder meeting presentation, May 22, 2020
Slide 1: ASX Announcement: 2020 AGM Chairman's and CEO's Presentation
ASX ANNOUNCEMENT 22 May 2020 Tempo Australia Ltd | 2020 Annual General Meeting Chairman’s and CEO’s Presentation In accordance with ASX Listing Rule 3.13.3 please find attached the Chairman’s, and CEO’s Presentation to be made at the 2020 Annual General Meeting of Tempo Australia Ltd (ASX: TPP, “Tem
Slide 2: 2020 Annual General Meeting
2020 Annual General Meeting 22 May 2020
Slide 3: Chairman's Introduction
Chairman’s Introduction Tempo Australia Annual General Meeting 2020
Slide 4: Tempo AGM 2020 Agenda
Tempo AGM 2020 • Welcome to Shareholders • Declare the Meeting Open • Agenda • Formal Items of Business • Eight Resolutions to be Voted Upon • The Voting Process will be Conducted and Recorded by Link Services • The Current Voting Status including Proxy Count will be Outlined • Outcome of Each Voted
Slide 5: Chairman's Address
Chairman’s Address tempo
Slide 6: Welcome to the TEMPO 2020 AGM: Highlights During FY19
TEMPO 2020 AGM Welcome to the TEMPO 2020 AGM Highlights During FY19 • Appointed New Management; CEO, CFO, EGM TAMS • Renegotiated Enel Contract from Lump Sum to Target Cost with Negative Working Capital • Delivered on Turnaround Strategy 2HFY19; First Profitable Half in 3 Years • LTI Frequency Rate
Slide 7: CEO's Address
CEO’s Address Dr Paul Dalgleish
Slide 8: Highlights – FY19
Highlights – FY19 • Sales revenue up 30% to $53M ($39M in 2HFY19) • Net Profit After Tax (NPAT) 2HFY19 Returned +ve to $0.25M • Business Steady During COV-2 Revenue Increased • Net Cash of $7.3M and No Debt 30% • Successful Capital Raising $3.7M • Tendered Over $30M of new projects in FY20 EBIT 2HFY
Slide 9: Businesses
Businesses M TAMS Retail Energy Infrastructure Telecommunication Government s Blue Chip Retail Clients Operations, Technical and Routine Growing Market in Across a Diverse Maintenance and Minor Maintenance for Mobile Housing , Education, Portfolio Capital Works Phone Carriers Health and Defence Key
Slide 10: Financial Performance – FY19
Financial Performance – FY19 Measure FY19 FY18 Change Second Half Revenue - $M 52.9 40.4 30% Turnaround Underlying NPAT - $M (2.5) (4.2) +ve +ve NPAT Net Tangible Assets- $M 11.8 10.1 18% +ve EBIT Net Cash / (Debt) - $M 7.3 3.4 114% +ve Cashflow 1.1 (4.3) +ve Reduced Costs Operati
Slide 11: Normalised NPAT
Normalised NPAT FY18 NPAT - Normalised NPAT WM Increase Ml Decrease mi Total an “a 35 “103 a -250 4,239 5,648 Impairment Share Credit Govt. Grants Accounting Doubtful Debts Loss after Tax ‘Adjusted NPAT ‘Acquisition Gain Legals Audit Normalised NPAT FY19 NPAT - Normalised NPAT WM Increase MM Decreas
Slide 12: Cashflow
Cashflow Improved Debtor Collection Reduction in Overhead Costs Improvement in Working Capital Capital Expenditure Reduced No Borrowings, No Interest
Slide 13: Safety and Quality Performance
Safety and Quality Performance • LTIFR reduced by 38% to 8 • All Injury Frequency rate (AIFR) reduced by 50% • Leading Indicators - Introduced Safe Acts Prevention (SAPs) System - Take 5s - SWMS Improved and Expanded Achievements • Current Operations • TAMS LTIFR of nil for FY20 YTD • Engineering LT
Slide 14: Our People
Our People • Management Continues to grow in strength and diversity - Built on experienced professional Staff - Appointment of Senior Professional Manager for TAMS • Commitment to employing our own Trades and Technicians improves - Safety - Quality - Productivity • Continued focus on increased diver
Slide 15: Key Projects Cohuna Solar Farm
Key Projects Cohuna Solar Farm Principal Contractor for a 34MW Solar Farm at Cohuna in Victoria for a Blue Chip Italian Multinational. Construction is Complete and Ready for Commissioning
Slide 16: Key Projects – CBH Brown Fields Upgrades
Key Projects –CBH Brown Fields Upgrades Principal Contractor for a Series (7) Brown fields Weigh Bridge Installation Contracts for a Large Grain Handling Cooperative in Western Australia. Completed project with successful time and cost outcomes.
Slide 17: Strategy & Outlook
Strategy & Outlook Continue to Remain Profitable During COV-2 Control Variable Costs: - Maintain Current Low Cost Base for Business - Increase Tendering spend in Direct Response to Near Term Opportunities During Jobkeeper support Phase - Provide timely Government Information - Maintain as steady
Slide 18: Questions and Answers
QUESTIONS and ANSWERS tempo
Slide 19: Disclaimer
Disclaimer • This presentation and any oral presentation accompanying it has been prepared by Tempo Ltd (““ or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with resp