Slide 1: Half-Year Results Presentation, 21 February 2012
For personal use only 21 FEBRUARY 2012
Slide 2: Overview of First Half FY 11/12
Overview of First Half FY 11/12 For personal use only » Overview of First Half FY 11/12 Highest first-half level of revenue to date, reflecting strong business conditions in the mining services sector and increased contributions from acquisitions completed in FY 10/11 » Very high levels of activity
Slide 3: Revenue, EBITDA and Dividend Developments
Revenue, EBITDA and Dividend Developments For personal use only Revenue EBITDA* ($m) CAGR FY07-FY11: 35% CAGR FY07-FY11: 34% 40 35 30 18.7 25 20 16.6 2H 10.7 15 1H 11.0 10 19.9 17.0 4.6 13.1 12.4 5 7.9 3.2 0.4 3.9 0 FY06 FY07 FY08 FY09 FY10 FY11 FY12 EBITDA Margin*(%) * Excludes gain on sale of prop
Slide 4: Financial Results - First Half FY 11/12
Financial Results - First Half FY 11/12 For personal use only » Strong business conditions across the mining services sector in the period with increased demand for the group’s products and services across all operations HY 11/12 HY 10/11 » Very quiet first three months for the group’s two largest o
Slide 5: Balance Sheet and Cash Flow
Balance Sheet and Cash Flow For personal use only Dec 11 Jun 11 $m $m » Continuing year-on-year balance sheet strength has facilitated the Working capital 11.86 -4.52 international expansion of operations Property, plant and equipment 63.00 53.67 » Increased working capital reflects high workload le
Slide 6: Business Update - Australia (Queensland)
Business Update Business Update -- Australia Australia For personal use only Queensland: Brisbane: » Overall good performance in the first-half with high levels of capacity utilisation throughout the period » Workload consisted of a balanced mix of dump truck bodies and buckets, mainly for new mine
Slide 7: Business Update - Australia (Western Australia)
Business Update Business Update -- Australia Australia For personal use only Western Australia: Perth: » Slow start to the financial year followed by a very busy quarter up to the end of the half-year » Excellent performance in the period with high activity levels and production efficiencies driving
Slide 8: Business Update - Americas
Business Business Update Update - Americas - Americas For personal use only North America - Westech, Wyoming: » As with Perth-based operations, a slow start to the financial year with a strong and rapid increase in activity over October to December 2011 » Operational and management teams mobilised t
Slide 9: Business Update - Indonesia and Middle East
Business Business Update Update - Middle - Indonesia East East and Middle For personal use only Indonesia - Batam Island: » New workshop located in the Kabil Industrial Estate on the eastern side of the island opened in October 2011 » Manufacturing operations in the new workshop established quickly
Slide 10: Expansion Plans Update
Expansion Expansion Plans Plans Update Update For personal use only Peru: » Following the award of a major contract with Xstrata in June 2011, Austin has committed to having an operation in the region to provide maintenance and other services » Negotiations with a potential acquisition target in the
Slide 11: Outlook
Outlook Outlook For personal use only » Extremely strong performance in the second half of FY 11/12 expected for most operations » Particular focus will be given to improving the performance of the Hunter Valley business unit » Contributions from South America will start to increase from March 2012
Slide 12: www.austineng.com.au
WWW.AUSTINENG.COM.AU