Lindsay Australia Limited · ASX:LAU
Lindsay Australia — H1 2018 Earnings Presentation
16 slides from Lindsay Australia's earnings presentation, Mar 13, 2018
Slide 1: Half year results 6 months ended 31 December 2017
Half year results 6 months ended 31 December 2017 For personal use only
Slide 2: Lindsay Australia services
Lindsay Australia services For personal use only Lindsay Rural Lindsay Transport Lindsay Fresh Logistics Lindsay Rural supplies more Delivering more than 1.6 Lindsay Fresh Logistics, a than 750 farmers with an million tonnes of freight to transport and logistics extensive range of agricultural over
Slide 3: Group Result
For personal use only Group Result
Slide 4: Group financials
Group financials For personal use only $'000 H1 2018 H1 2017 % Change Revenue 191,611 177,143 8.2% Operating Expenses 171,967 156,211 10.1% EBITDA 19,644 20,932 (6.2%) Depreciation & Amortisation 9,384 10,712 (12.4%) EBIT 10,260 10,220 0.4% Finance Costs 2,626 2,639 (0.5%) Profit Before Tax 7,634 7,
Slide 5: Period highlights
Period highlights • Underlyingi NPAT of $5.0 million For personal use only representing 19.9% growth with increased revenue of 8.2% • Revenue and profit growth was supported by diversified product and service offerings through geographically spread network • Transport achieved EBIT growth of 29.0% e
Slide 6: Capital investment
Capital investment • During FY2015 to FY2017 $140 million has been invested into the For personal use only business including plant and equipment, IT and infrastructure • Further $11 million invested in H1 2018 Capital expenditure breakdown • Major projects completed include Brisbane (Postle St, Aca
Slide 7: Capital planning
Capital planning For personal use only FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 Capital Item Lindsay Fresh Logistics Acquired Haacks Transport (Tully) Mildura depot & rural store Acquired Pennisi rural business (Burdekin) Adelaide depot TMS upgrade & in vehicle telematics Mareeba depot & rural stor
Slide 8: Return on investments
Return on investments For personal use only • Recent investments have started to generate significant growth as a result of increased capacity and improvements in vehicle and site utilisation • Fleet renewal program continues to have positive effects on reducing maintenance and fuel costs and gives
Slide 9: Segment Results
For personal use only Segment Results
Slide 10: Transport
Lindsay Transport For personal use only • Transport delivered revenue (including internal revenue) of $130.4 million representing growth of Lindsay Transport Contribution 8.7% • Excluding the benefit of the fuel tax credit in the prior corresponding period, underlying profit for transport grew 29.0%
Slide 11: Fresh Logistics
Lindsay Fresh Logistics For personal use only • LFL continues to grow and support the underlying transport business moving up to 1,200 domestic pallets per day and up to 700 sea and air containers per month • Modifications to existing cold rooms will continue to develop import and export capabilitie
Slide 12: Rural
Lindsay Rural For personal use only • Rural delivered revenue (including internal revenue) of $63.1 million representing growth of Lindsay Rural Contribution 10.7% driven by sales in North Queensland • Both sales and profit were impacted by adverse weather conditions across the Wide Bay region durin
Slide 13: Connect
Lindsay Connect For personal use only • Began first trials of Lindsay Connect business model • Lindsay connect provides premium fresh Australia produce direct form the farm to overseas customers • Leverages off current infrastructure and expertise to enter into export markets with significant potent
Slide 14: Lindsay Way
For personal use only Lindsay Way
Slide 15: The Lindsay Way, our values
Lindsay way, our values Each of these elements is individually significant but in combination they are the basis of how we operate For personal use only everyday to build a sustainable business for the future. SAFETY ALWAYS Choose to make safety a personal value; think SAFE, act SAFE, be SAFE. We ha
Slide 16: The Lindsay Way, our values
Lindsay way, our values Each of these elements is individually significant but in combination they are the basis of how we operate For personal use only everyday to build a sustainable business for the future. INDUSTRY INNOVATORS Constantly challenge ourselves to provide and develop new innovations.