Slide 1: Investor Presentation May 2017
For personal use only Investor Presentation May 2017
Slide 2: Disclaimer
Disclaimer For personal use only THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR ADVERTISEMENT This document, including the information contained in this disclaimer, is not a prospectus, product disclosure statement or other disclosure document and does not constitute, or form any part of, an offer to
Slide 3: Company Overview
Company Overview For personal use only The VEEM Board VEEM Key Management VEE Brad Miocevich Les Kay ASX Code Chairman General Manager Mark Miocevich Managing Director & CEO Paul Steinmann Business & Development Manager – $0.635 Marine Share Price as at 22 May 2017 Ian Barsden Non Executive Director
Slide 4: Overview
Overview For personal use only Established and highly regarded industry leader VEEM is a Perth based high-technology specialist manufacturer of premium marine propulsion and gyro- stabilisation systems Passionate about design and engineering excellence An industry leader with an outstanding br
Slide 5: Market Update
For personal use only MARKET UPDATE 5
Slide 6: Market Update: Solid progress made already in 2017
Market Update For personal use only Solid progress made already in 2017 VEEM Gyros Traction and engagement with key OEMs: Westport Yachts US-based superyacht builder appointed VEEM as a preferred Gyro supplier for three production lines Damen Shipyards Oil & gas industry supplier integrati
Slide 7: Market Update cont.
Market Update cont. For personal use only Solid progress made already in 2017 Defence Final negotiations of three year ASC supply contract with component order for scheduled docking to occur before end of the financial year Awarded $2.8m Pacific Patrol Boat (PPB) shaft line contract over 5 years
Slide 8: Our Business
For personal use only OUR BUSINESS 8
Slide 9: Business History
Business History For personal use only 2012 Continuing our story 2005/6 New workshops Fast loop combining Osborne manufacturing Park into Canning process Vale implemented four year $30m LCS contract 2016 with Austal Conquest Ships secured Propellers 2000 2006/7 released 1987 Propeller Interceptor Qu
Slide 10: Key Products and Services
Key Products and Services For personal use only Leading, high technology specialised supplier 10
Slide 11: Gyroscopic Stabilisers: Sales and Production update
Gyroscopic Stabilisers For personal use only Sales and Production update Units to be completed by end of financial year: 14 x VG1201 2 x V260 Units Sold: 6 x VG120 OEM Appointments: 2 VG1000 - completion of final design, completion of detail drafting and commencement of production on tar
Slide 12: Gyroscopic Stabilisers: VG120 sea trials on MY Tango
Gyroscopic Stabilisers For personal use only VG120 sea trials on MY Tango after installation in November 2016 61% roll reduction was achieved with the VG120 was turned on Wider operational area opened up for the MY Tango due to roll management Guest transfer to and from the tender is faster, s
Slide 13: Conquest Propellers
Conquest Propellers For personal use only Conquest Propeller have been developed to specifically meet the demands of the replacement propeller market Since the release of Conquest late last year, VEEM has been actively engaging propeller distributors around the world Current number of dealers an
Slide 14: Propulsion Packages
Propulsion Packages For personal use only Sales update Completed $700,000 this financial year to date Won contracts totalling $3.5 million this financial year Tendered $11.4 million of shaft lines this financial year 14
Slide 15: Continued Strategy and Drivers for Growth
Continued Strategy and Drivers for Growth For personal use only Strategy Drivers for Growth VEEM has strong capability and sees specific growth Sales and Marketing via third party distributors and opportunities in: agents high-end marine propulsion equipment (propellers and shaft lines) for the
Slide 16: Summary
Summary For personal use only Total world domination in the marine propulsion and gyro-stabilisation markets Strong start to 2017 Traction and engagement with key OEMs and installed Gyros meeting technical expectation Defence component remains strong – PPB contract award, ASC, OPV tendering