Saunders International Limited · ASX:SND
Saunders International — Shareholder Meeting (October 2019)
17 slides from Saunders International's shareholder meeting presentation, Oct 15, 2019
Slide 1: 2019 Annual General Meeting
Slide 1 2019 Annual General Meeting 15th October 2019
Slide 2: Board of Directors and Key Management
Slide 2 Board of Directors and Key Management TIMOTHY BURNETT MARK BENSON GREG FLETCHER STEVEN DADICH RUDY SHERIFF Chairman Managing Director & Non-Executive Director Company Secretary Chief Financial Officer Chief Executive Officer JONATHON BROMILOW MATTHEW REDMOND STEVE BAILEY RICK BURKE General M
Slide 3: Chairman's Address
Slide 3 Chairman's Address Mr. Timothy Burnett Chairman 3 I would like to take this opportunity to thank you as fellow shareholders for your continued support of Saunders during this past year. The Company delivered a disappointing financial result for the full year to 30 June 2019. The revenue in F
Slide 4: Welcome and people and culture
Slide 4 4 Thank you Tim. I would like to also extend a warm welcome to the Saunders International shareholders. Our people have been the driving force behind Saunders International and with the recent material changes to our operating model, the board and management team are focussed on ensuring peo
Slide 5: Managing Director's Address
Slide 5 Managing Directors Address Mr. Mark Benson Managing Director & Chief Executive Officer 5 Although the 2019 financial results were unsatisfactory, the completion of the restructure program marks a significant turning point in Saunders International history. The measures taken as part of the r
Slide 6: Safety Scorecard
Slide 6 Safety Scorecard 6 The safety of our people remains a core value at Saunders and we have been working hard to ensure that this is embedded in our corporate culture. Safety represents one of the foundations on which our success is built and our safety culture starts with the Board and myself
Slide 7: Our Results: Revenue $50m
Slide 7 Our Revenue Results $50m Revenue Expansive Down 33.5% Distribution Footprint Order Book MAINTENANCE ACTIVITIES $60.5m 38% Up 43% (Compared to 30 June 2018) INFRASTRUCTURE ACTIVITIES 62% EBITDA NSW, VIC, QLD, SA, WA, PNG, NEW CALEDONIA ($1.2m) Up 62.5% (Compared to 30 June 2018) 7 This financ
Slide 8: Upgraded Operating Model
Slide 8 Upgraded Operating Model “Saunders has successfully executed a revitalised operating model to deliver greater value to our customers and shareholders, through a lean and agile organisation” 8 In conjunction with the leadership team and our employees we have completed a significant amount of
Slide 9: Positioned for Growth: Order Book $60.5M
Slide 9 Positioned Order Book Order Book Live Tenders for Growth Pipeline Current orderbook at $60.5M 30 June 2019 $60.5M $514M $510M MECHANICAL INFRASTRUCTURE $60.5M $46M ASSET SERVICES $415M CIVIL INFRASTRUCTURE $42M Preferred Status $300M $24.5M $68.9M Jun-16 Jun-17 Jun-18 Jun-19 Jun-16 Jun-17 Ju
Slide 10: New 2025 Strategy and Key Achievements
Slide 10 Our new 2025 strategy was recently endorsed by the board and includes clear initiatives to continue the diversification and growth of the business, with a focus on higher margin projects driven by our technical engineering capabilities. During the year Saunders accelerated its plan to move
Slide 11: Our three groups and example projects
Slide 11 I will now take you through our three groups and show you a few example projects. These projects give an insight into the diversification of the Saunders Group, the services we perform and the strength of our client relationships.
Slide 12: Mechanical Infrastructure
Slide 12 Mechanical Infrastructure Revenue Contribution FY19 Gold Mine – Majors Creek NSW Process tanks – Lake Cowal NSW 16% South East water site - VIC Tanks & SMPEI – VIC 12 The Mechanical Infrastructure group’s FY19 result was impacted by challenging operating conditions. This is mainly due to a
Slide 13: Civil Infrastructure
Slide 13 Civil Infrastructure Revenue Contribution FY19 Jane St bridge beams Harty’s Creek bridge 46% Jewry St bridge Woolgoola to Ballina bridge 13 The Civil Infrastructure group contributed 46% of the full year revenue in FY19. The group delivered multiple design and construction projects includin
Slide 14: Asset Services
Slide 14 Asset Services Revenue Contribution FY19 Tank overhaul – QLD ULP upgrade - QLD 38% Tank refurbishment - NSW Fire system upgrade – QLD 14 The Asset Service division contributed 38% of the FY19 revenue. We announced a letter of intent in H1 FY19, for a program of works with an oil major in Br
Slide 15: Our Outlook
Slide 15 Our Outlook • Increasing opportunities in Asset Services division • Opportunities in the Civil Infrastructure division remains healthy, with good prospects with Local Government Authorities. • FY20 revenue expected to be higher than the previous corresponding period • Major Mechanical Infra
Slide 16: Our company, our future, our time
Slide 16 Our company Our future Our time MARK BENSON Managing Director & Chief Executive Officer (02) 9792 2444 L2, 1F Homebush Bay Drive, Rhodes NSW 2138 www.saundersint.com 16 mark.benson@saundersint.com In closing FY19 was a demanding but critical year for Saunders International as we took the ne
Slide 17: SI Disclaimer
Slide 17 SI Disclaimer This presentation has been prepared by Saunders International Limited (“Saunders”) as a summary of the Company and its operations and for general information purposes only. This presentation is not and should not be considered as an offer or invitation to subscribe for or purc
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