Saunders International Limited · ASX:SND

Saunders International — FY2016 Earnings Presentation

22 slides from Saunders International's earnings presentation, August 2016

  1. Slide 1: Full Year Results 2016

    © SAUNDERS INTERNATIONAL FULL YEAR RESULTS 2016 —— = INNOVATION|E PRESENTED BY MARK BENSON MANAGING DIRECTOR & CEO

  2. Slide 2: Agenda

    AGENDA S L IDE 3 - COM P AN Y OVE RVIEW S L IDE 1 3 - G EOG RAP HICAL REVEN UE DIS T RIB UT ION S L IDE 4 - CORP ORAT E S N AP S HOT S L IDE 1 4 - K EY P ROJECT S S L IDE 5 - S HAREHOL DER RET URN S L IDE 1 5 - EN G IN EERIN G CON S T RUCT ION OP ERAT ION S S L IDE 6 - F IN AN CIAL P ERF ORM AN CE S

  3. Slide 3: Company Overview

    C O M PA N Y O V E R V I E W Saunders International is a multi-disciplined and integrated Saunders operates from three business groups, the Engineering Construction group, the Facility Maintenance group and the engineering and construction business. We are one of Asset Services group. Australia’s mo

  4. Slide 4: Corporate Snapshot - August 2016

    C O R P O R AT E S N A P S H O T - A U G U S T 2 0 1 6 Share Price Performance & Volume as at 12/08/2016 P RICE A$0.575 AS X CODE SND S HARES IS S UED 79M OP T ION S - M ARK ET CAP A$45.5M CAS H A$14.3M T OP 2 0 68% S HAREHOL DERS N O. OF 927 (approx.) S HAREHOL DERS Desmond Bryant - 28.3% S UB S T

  5. Slide 5: Shareholder Return

    SHAREHOLDER RETURN MARKET CAPITALISATION - $M BASIC EARNINGS PER SHARE - CENTS DIVIDENDS - CENTS PER SHARE FY FY FY 9 8.14 7.41 64 58 6 6 5.72 5.64 5 45 5 42 4 4 3.68 4 4 3 22 2 3 3 2 2 2 2 1 1 12 13 14 15 16 12 13 14 15 16 11 12 13 14 15 16 Interim Dividend Final Dividend Special Dividend 5

  6. Slide 6: Financial Performance

    FINANCIAL PERFORMANCE 30 JUNE 2016 30 JUNE 2015 FULL YEAR $000 FULL YEAR $000 Revenue $41,828 $43,954 Net profit before tax $3,705 $6,324 Net profit after tax $2,891 $4,431 Net profit % 6.9% 10.1% Return on equity % 16.9% 23.4% Basic earnings per share 3.68c 5.64c Work in hand 24.5M 28M 6

  7. Slide 7: Highlights FY16

    HIGHLIGHTS FY16 • Safety performance continues to improve with our TIFR down by 32% which was on top of a 50% reduction the previous year • Current tendering activity improving - $133M • Preliminary design order & preferred contractor status on significant bulk liquid storage terminal opportunity •

  8. Slide 8: Operating Results

    O P E R AT I N G R E S U LT S REVENUE - $M NPBT - $M NPAT - $M FY FY FY 9.1 8.2 69.3 60.5 6.2 6.3 6.3 5.7 46 43.9 4.4 4.4 41.8 3.7 2.8 12 13 14 15 16 12 13 14 15 16 12 13 14 15 16 8

  9. Slide 9: Balance Sheet

    BALANCE SHEET BALANCE SHEET ($M) 30 JUNE 2016 30 JUNE 2015 Assets Cash 14,347 17,874 Trade receivables 7,085 5,014 Plant & equipment 1,806 1,992 Deferred tax assets 864 993 Others 294 804 Total Assets 24,396 26,677 Liabilities Payables 4,685 4,819 Tax liabilities 582 107 Provisions 2,414 2,836 Total

  10. Slide 10: Review of Operations

    R E V I E W O F O P E R AT I O N S 10

  11. Slide 11: Maintenance Operations

    M A I N T E N A N C E O P E R AT I O N S FY16 Revenue $28.5M REVENUE $M Performance Highlights • BP Bulwer terminal conversion 28.5 • Viva Clyde terminal conversion 23.7 • Kwinana refinery maintenance • Executed general maintenance work for current clients 68% • Operating in multiple states NSW, QLD

  12. Slide 12: Engineering Construction Operations

    E N G I N E E R I N G C O N S T R U C T I O N O P E R AT I O N S FY16 Revenue $13.3M REVENUE $M Performance Highlights • Stolthaven Newcastle terminal • Port Bonython fuels terminal • Operating in multiple states 32% 19.4 NSW, QLD, SA Opportunities 13.3 • New terminal construction • Expansion of exi

  13. Slide 13: Geographical Revenue Distribution - 2016

    GEOGRAPHICAL REVENUE DISTRIBUTION - 2016 VIC 6.46% SA NSW 33.29% 34.51% VIC 4 .2 1 % QLD 30.58% Q L D 4 .0 6 % SA 21.33% W A WA 37.16%7.74% NT 0.59% TAS 0% VIC QLD NT WA TAS SA NSW 13

  14. Slide 14: Key Projects

    KEY PROJECTS 14

  15. Slide 15: Engineering Construction Operations

    E N G I N E E R I N G C O N S T R U C T I O N O P E R AT I O N S BP Bulwer Island - SMP Package on Jet Fuels Project Port Bonython Fuels Terminal Project • Civil works • Successful completion of installation of 3 x 42m dia x 20.4 high • Fabrication & installation of structural steel supports & pipin

  16. Slide 16: Facility Maintenance Operations

    F A C I L I T Y M A I N T E N A N C E O P E R AT I O N S BP Bulwer - SMP Package VIVA, Clyde • Install firefighting & cooling ring pipe lines • 16 month project consisting of refurbishment of 3 tanks • Install fast flush systems at the old refinery site • General on-site mechanical works during conv

  17. Slide 17: Asset Services Operations

    A S S E T S E R V I C E S O P E R AT I O N S Performance Highlights • Awarded Dept of State Heritage contract for heritage works in Fremantle, WA • Currently completing detailed concrete investigation survey on the Inverarity Stands at WACA • Short-listed for several high profile projects in WA Ward

  18. Slide 18: Our People

    OUR PEOPLE Our people is what makes Saunders International the Company that it is. Safety Our workforce comprises of 160 employees across all States and we are proud to be working on increasing the female participation rate above 10% • Our Total Injury Frequency Rate this year. We have four apprenti

  19. Slide 19: Strategy (Strengthen & Grow)

    S T R AT E G Y ( S T R E N G T H E N & G R O W ) Challenging environment CURRENT CONDITIONS Narrow sector focus impacting order book Margin contraction driven by increased competitive pressure Strengthen CORE Expand maintenance offering to existing clients & Diversify BUSINESS Maintain our focus on

  20. Slide 20: Outlook

    OUTLOOK Backlog $24.5M 30th June KEY INDICATORS Live tenders $133M, project pipeline $167M Competitive Cycle Preliminary design contract for major EPC terminal ENGINEERING (FY17 Q3 construction opportunity) Strengthen CONSTRUCTION & Growth Strong pipeline of further terminal tankage projects Continu

  21. Slide 21: Disclaimer

    DISCLAIMER IMPORTANT NOTICE This presentation has been prepared by Saunders International Limited (“Saunders”) You should not act or refrain from acting in reliance on this presentation material. as a summary of the Company and its operations and for general information This overview of Saunders doe

  22. Slide 22: Mark Benson - Contact

    MARK BENSON Managing Director & Chief Executive Officer P. (02) 9792 2444 E_ mark.benson@saundersint.com A 271 Edgar Street, Condell Park NSW 2200 saundersint.com | @ \ = Y SAU NDERS INTER

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