Cleanaway Waste Management Ltd. · ASX:CWY
Cleanaway Waste Management — Macquarie Securities 2016 Australia Conference
16 slides from Cleanaway Waste Management's conference presentation, May 4, 2016
Slide 1: Cleanaway Waste Management Limited - Macquarie Securities 2016 Australia Conference
For personal use only Cleanaway Waste Management Limited Australia’s leading total waste management services company Macquarie Securities 2016 Australia Conference Presentation by Vik Bansal Managing Director and CEO Making a sustainable future possible
Slide 2: Australia's leading total waste management services company
Cleanaway is Australia’s leading total waste management services company, with operations across the country in solid and liquid waste and industrial services For personal use only Approximately 200 solids, liquids 25 Recycling sites Over 100,000 customers and industrial services depots across the c
Slide 3: Financially strong, diversified business with excellent market positions
We are a financially strong, diversified business working in a good sector with excellent market positions For personal use only Financial Summary (A$m) Australian Industry Position 1H16 FY15 Cleanaway is Australia’s Largest: Total net external revenue 746.8 1,384.9 Underlying EBITDA 137.2 231.3 C
Slide 4: One of the largest waste management companies in the world
And one of the largest waste management companies in the world For personal use only Source: 2016 Plimsoll Global Analysis and Company estimates 4
Slide 5: Characteristics of the Australian Waste Industry
Characteristics of the Australian Waste Industry For personal use only • Network economics are ‘king’ High marginal contribution • End to end route density and profitability critical to understand • Large enterprise-level selling juxtaposed against mass market, consumer- Mix of ‘2 worlds’ like selli
Slide 6: Our operating model is centred around these sources of value
Our operating model is centred around these sources of value For personal use only Collections Customers Solids Liquids & Industrial Services Growth & Marketing Liquids & Metro Enterprise Services Metro Muni Regional Industrial Hazardous C&I / C&D Value Chain Services & Waste Corporate Fleet & Netwo
Slide 7: Our Five Pillars of Focus
Our Five Pillars of Focus For personal use only Increasing focus A fit for purpose Pursuing effective Ensuring transparency and Ensuring our elements on customers and organisation with cash & capital accountability across the of competitive customer service unrelenting focus management organisation.
Slide 8: Customers for Growth
Customers for Growth The rollout of our Sales Capability & Growth related initiatives are accelerating For personal use only • ONE Company – ONE Brand launched in February 2016 • Building capabilities in our front line sales force • Clarity on sales channels and segmentation with alignment of sales
Slide 9: Continuous improvement for cost
Continuous improvement for cost Our cost reduction program is on schedule For personal use only • As committed, initiatives in place to permanently reduce the cost base – Fit for purpose organisation – decentralised but standardised on key elements – Delayered Organisation - Empowered and accountabl
Slide 10: Capital for cash
Capital for cash Strong disciplines in place for capital and remediation spending to increase free cash flow For personal use only • Capital spending will be in-line or lower than depreciation and amortisation 175.9 ~165.0 144.5 ~165.0 134.2 133.8 131% 108% 100% FY14 FY15 FY16 forecast CAPEX ($m) To
Slide 11: Planning application – Melbourne Regional Landfill
Planning application – Melbourne Regional Landfill For personal use only • Based on expected fill rates, the Melbourne Regional Landfill facility is currently licenced for the next 7 to 10 years • An application to extend licence for an additional 30 years was lodged with the Melton City Council and
Slide 12: Cleanaway Waste Management Limited
For personal use only Cleanaway Waste Management Limited Australia’s leading total waste management services company
Slide 13: Appendices
For personal use only Cleanaway Waste Management Limited Appendices
Slide 14: Appendix: Solids division
Appendix: Solids division For personal use only Solid - Collections 1H16 2H15 1H15 FY15 Net external Commercial and industrial (“C&I”), municipal and 393.2 372.0 383.8 755.8 revenue residential collection services for all types of solid waste EBITDA 74.1 64.8 73.4 138.2 streams, including general wa
Slide 15: Appendix: Liquids and Industrial Services division
Appendix: Liquids and Industrial Services division For personal use only Liquids and Industrial Services 1H16 2H15 1H15 FY15 Collection, treatment, processing, refining and recycling of Net external revenue 211.4 216.8 229.1 445.9 liquid and hazardous waste, including hydrocarbons for disposal or re
Slide 16: Appendix: Capital Structure – Debt
Appendix: Capital Structure – Debt For personal use only Key Finance Measures – Net Debt Comprises Key Points A$ million 31 Dec 15 30 Jun 15 31 Dec 14 • At 31 December 2015 the Group had $244 million of headroom under the syndicated Current interest bearing liabilities 0.7 0.7 1.8 banking facilities
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