Big River Industries Ltd. · ASX:BRI
Big River Industries — FY2018 Earnings Presentation
12 slides from Big River Industries's earnings presentation, Aug 28, 2018
Slide 1: FY2018 Results Presentation
Big River Industries Limited (ASX:BRI) For personal use only * John Wardle Architects FY2018 Results Presentation - 28 August 2018
Slide 2: Contents
Contents For personal use only Description Page Summary 3 Business Diversity 4 Sales Highlights 5 Acquisition & Growth 6 Earnings Summary 7 Balance Sheet 8 Cash Flow 9 Outlook 10 Disclaimer 11 FY2018 Results Presentation
Slide 3: Summary
Summary Results Summary For personal use only ❑ Sales revenue up 19.1% on previous corresponding period, to Revenue $210.9m 19.1% $211m, assisted by acquisitions EBITDA 1 $11.0m 7.2% ❑ EBITDA (before acquisition & IPO costs) up 7.2% to $11.0m at NPAT $5.2m 31.8% upper end of May 2018 guidance
Slide 4: Business Diversity
Business Diversity For personal use only Revenue by Industry Segment Revenue by Product Category Revenue by State 4% $11m 5% 7% 5% $24m 11% 10% 29% 33% $103m 14% 13% $73m 14% 22% 33% Detached Housing Commercial Building Materials High Density Residential Formwork Supplies NSW QLD Medium Density Resi
Slide 5: Sales Highlights
Sales Highlights Revenue ($m's) ❑ Revenue has grown 19.1% in the last 12 months as Big For personal use only 210.9 River executes the acquisition component of its strategy 177.1 ❑ Acquisitions contributed $41.7m of revenue in FY2018 170.8 149.9 up from $9.7m on pcp ❑ Western Australia and North Quee
Slide 6: Acquisition & Growth Initiatives
Acquisition & Growth Initiatives ❑ Two further acquisitions completed in For personal use only FY2018 (following two in FY2017), continuing a disciplined approach to assessing potential acquisitions ❑ FY2018 EBITDA from these four acquisitions was $2.7m on revenue of $41.7m ❑ Currently assessing a n
Slide 7: Earnings Summary
Earnings Summary FY2018 FY2017 ❑ Revenue of $211m up 19.1% over For personal use only REVENUE Change ($m's) ($m's) corresponding period last year of $177m, Same stores 169.2 167.3 1.1% Acquisitions 41.7 9.7 327.8% assisted by acquisitions Total Revenue 210.9 177.0 19.1% ❑ All States showed positive
Slide 8: Balance Sheet
Balance Sheet 2018 2017 Balance Sheet ($m's) ($m's) For personal use only ❑ Continued focus on working capital management Cash 2.0 3.6 with a trade working capital (TWC) ratio of 16.7% on Receivables 39.1 36.8 a rolling 12 month basis (including pro forma revenue Inventories 29.4 24.4 from acquisiti
Slide 9: Cash Flow
Cash Flow FY2018 FY2017 For personal use only Cash Flow ❑ Operating cash flow of $5.0m was ($m's) ($m's) Receipts from customers 229.6 189.8 strong, taking into account the higher tax (221.2) (183.0) payment in FY2018 versus last year Payments to suppliers/employees Other revenue 0.2 0.2 ❑ Cash conv
Slide 10: FY2019 Outlook
FY2019 Outlook For personal use only ❑ Organic revenue growth expected to be in the low single digits despite the contraction expected in the medium and high density residential market ❑ Additional investment in sales resources will help grow the four core product categories, including the launch of
Slide 11: Important Notice and Disclaimer
Important Notice and Disclaimer ▪ This presentation is dated 28 August 2018. For personal use only ▪ Big River Industries Limited (the "Company") advises that the information contained in this presentation is intended to be general background information about the Company's activities as at the date
Slide 12: For personal use only
For personal use only FY2018 Results Presentation 12