Imdex Ltd · ASX:IMD
Imdex — Shareholder Meeting (October 2003)
14 slides from Imdex's shareholder meeting presentation, Oct 30, 2003
Slide 1: Annual General Meeting Presentations
30 October 2003 The Manager Company Announcements Office Australian Stock Exchange Limited Exchange Centre Level 4/20 Bridge Street SYDNEY NSW 2000 BY ELECTRONIC LODGEMENT Dear Sir ANNUAL GENERAL MEETING PRESENTATIONS The Company will hold its Annual General Meeting (AGM) at 11am in Melbourne, today
Slide 2: Chairman's Address
CHAIRMANS ADDRESS Ladies and Gentlemen Trading results for the year ended June 2003 were a significant improvement compared to the previous period. All Australian Divisions recorded much improved performances and registered collectively Earnings Before Interest and Tax of slightly over A$2.9 million
Slide 3: Welcome to the Annual General Meeting
“Australia’s L ANNUAL GENE LCOME TO THE IMDEX LIMITED _ yy)
Slide 4: FY 2003 Year in Review
FY 2003 YEAR IN REVIEV Net Profit After Tax increased : Net assets up by 18% (37% over last. e Earnings per share increased b _© Saudi Arabian Joint Venture be
Slide 5: Imdex Group Structure
IMDEX GROUP STRUCTL AUSTRALIA
Slide 6: Australian Operations
AUST RALIAN OPERATIO! ixceedéd budget EBIT by 34% _ : creasing market share in onshore oil & gi Diversifying into additional international Indonesia, China and Eastern Europe : : e ,AMC set to out-perform again in FY04
Slide 7: Australian Operations
AUSTRALIAN OPERATIO LOGIES (SURTRON iness — drilling services Geophysical logging owonhole surveying Directional. drilling (steering) ogging in Pilbara at unprecedented levels e Surveying services in overseas location: e ‘Excellent growth for steering — CBM ind e’ Significant profitability increase
Slide 8: Australian Operations
AUSTRALIAN OPERATION 50%. ‘commissioned January. 03 on milling ~ record levels ccessful entry into the silica flour markel e Demand for MIO buoyant ¢ Significant sales and profit growth expe
Slide 9: International Business
INTERNATIONAL BUSIN siness — drilling fluids & services Contracts worth approximately US$30m per annum urrent sales approximately US$1.5m pe Currently profitable.and ramip up FYO4 Full Benefit in FYO5 «Profit contributor in FY04 e JV partner controls manufacturing
Slide 10: September Quarter
SEPTEMBER QUARTER trading strongly - sales and EBIT up on b rtron — sales and EBIT down on budget — slower } up in CBM industry mdex minerals — sales and EBIT margin _budget ; e Domestic Group result — on targe
Slide 11: September Quarter
SEPTEMBER QUARTER e Increasing gross margin
Slide 12: Source of Improving Australian Operations Forecast
SOURCE OF IMPROVING TRALIAN OPERATIONS FORECAST IV revenue US$14m (FYO3), increasing sti * Gross margin.arotind 10% in FYOG, ta
Slide 13: Conclusion: Management Focus
CONCLUSION IMD NAGEMENT FOCUS = onal & earnings improvement within Australia ite a= nslate the improved performance into income for Shareholders
Slide 14: Thank You
THANK YOU T DETAILS ton, Chairman tidgeway, Managing Director el 3/18 Richardson Street, West Pe Phone: +618 9481 5777 » Fax: +61 8 9461 6527 » Email: bridgeway@imdex.com.au » > Web: «© www.inidex.com.au