Saunders International Limited · ASX:SND
Saunders International — FY2016 Earnings Presentation
22 slides from Saunders International's earnings presentation, August 2016
Slide 1: Full Year Results 2016
© SAUNDERS INTERNATIONAL FULL YEAR RESULTS 2016 —— = INNOVATION|E PRESENTED BY MARK BENSON MANAGING DIRECTOR & CEO
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
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
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
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
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
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 •
Slide 8: Operating Results
O P E R AT I N G R E S U LT S REVENUE - $M NPBT - $M NPAT - $M FY FY FY 9.1 8.2 69.3 60.5 6.2 6.3 6.3 5.7 46 43.9 4.4 4.4 41.8 3.7 2.8 12 13 14 15 16 12 13 14 15 16 12 13 14 15 16 8
Slide 9: Balance Sheet
BALANCE SHEET BALANCE SHEET ($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
Slide 10: Review of Operations
R E V I E W O F O P E R AT I O N S 10
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
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
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
Slide 14: Key Projects
KEY PROJECTS 14
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
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
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
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
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
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
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
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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