Boom Logistics Ltd · ASX:BOL
Boom Logistics — Investor Presentation (March 2006)
10 slides from Boom Logistics's investor presentation, Mar 14, 2006
Slide 1: Providers of Lifting Solutions to Australia
Providers of Lifting Solutions to Australia Ssuernn HIRE
Slide 2: Summary
Summary A $70 million Placement is being undertaken to fund: - the acquisition of Camilleri Industries Australia (“CIA”) ~- Other identified EPS accretive acquisition opportunities — Organic growth and working capital Equity Raising Acquisition * BOOM has entered into a purchase agreement to acquire
Slide 3: Camilleri Profile
Camilleri Profile Ll A Overview Mackay (Queensland) based crane and forklift hirer CIA acquired this business from Brambles in 2001 and has significantly grown the fleet to more than 50 cranes and 90 forklifts Locations Mackay, Nebo, Middlemount Customers Predominately mining and maintenance based c
Slide 4: Camilleri Profile (cont.)
Camilleri Profile (cont, Revenue by Service Type Revenue by Market Segmentation (FY06 YTD) (FY06 YTD) Tower Govt / Cranes Other Construct. Defence Rigging 5% 4% 40% 5% 9% . cone Eng. / Civil Construct. Forklifts 20% 15% Cranes Industrial Resour es 67% Maint. 50% : 15% ° Providers of Lifting Solution
Slide 5: Camilleri Acquisition Rationale
Camilleri Acquisition Rationale Ll CR sR iii le Zl ee lll Camilleri Feature Strategic Rationale Location * Mackay * Nebo growth Bowen Basin coal region (following . the acquisition of Brambles Bowen Cranes in + Middl t earemoun March 2005) Resources + 50 cranes, 90 forklifts * Provides ‘ready made’
Slide 6: Funding and Gearing
Funding and Gearing Zl Sources and Application of Funds RE Pro-forma Dec’05 Gearing Sources of Funds: $m Actual Pro-forma Placement 70.0 Net debt $116.7m $70.2m Vendor equity (Camilleri) 55 75.5 Application of Funds: Camilleri purchase price 27.5 Less: employee entitlements (0.3) Net purchase price
Slide 7: Strong organic growth being maintained
* * Strong organic growth being maintained ~ Circa 10% growth expected for 2HFY06 Positive outlook in BOOM’s key market sectors of: ~ Resources maintenance ~ Industrial maintenance ~ Engineering and civil construction Acquisitions ~ Anumber of strategic, bolt-on acquisitions remain in BOOM’s sights
Slide 8: Equity Raising
Equity Raising + A$70 million placement + Placement to be priced by bookbuild ~ with an indicative price range of $4.10 to $4.35 + Bookbuild to close 1.00pm Thursday 16 March 2006 * Settlement is on T+3 basis via DvP (Tuesday 21 March 2006) + Lead Managers: ~ Australia: ABN AMRO Rothschild and Wilso
Slide 9: Indicative Timetable
indicative Timetable re _Trading Halt (2 Days) Wednesday 15 March — Thursday 16 March Presentation - Sydney 10.30am (Wilson HTM) & 12.30pm (ABN AMRO Rothschild), Wednesday 15 March Presentation - Melbourne Book closes 1.00pm, Thursday 16 March Pricing and allocation Thursday 16 March BOL recommences
Slide 10: Disclaimer
Disclaimer Ll lili LY te le Zl ee RE TE No responsibility for contents of Investor Presentation To the maximum extent permitted by law, BOOM Logistics, its advisers and representatives: — make no representation, warranty or undertaking, express or implied, as to the adequacy, accuracy, completeness