Veem Ltd. · ASX:VEE

Veem — Investor Presentation (October 2019)

21 slides from Veem's investor presentation, Oct 14, 2019

  1. Slide 1: Investor update

    Investor update October 2019

  2. Slide 2: Disclaimer

    Disclaimer THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR ADVERTISEMENT This document, including the information contained in this disclaimer, is not a prospectus, product disclosure statement or other disclosure document and does not constitute, or form any part of, an offer to sell, or a solicitati

  3. Slide 3: Overview

    Overview Established and highly regarded industry leader  VEEM is a Perth based high-technology specialist manufacturer of premium marine propulsion and gyro- stabilization systems  Passionate about design and engineering excellence  An industry leader with an outstanding brand and reputation, ce

  4. Slide 4: Company Overview

    Company Overview The VEEM Board VEEM Key Management VEE Brad Miocevich ASX Code Chairman Bruce Bell Commercial Manager Mark Miocevich Managing Director & CEO Steven Vidakovic $0.55 Business Development Manager- Share Price Ian Barsden Non Executive Director Tracy Caudwell Mike Bailey Independent Non

  5. Slide 5: Our Business

    OUR BUSINESS

  6. Slide 6: VEEM Propellers

    VEEM Propellers  World’s most advanced CNC fixed pitch propellers able to operate at higher speeds - up to 54 knots.  VEEM patented “Interceptor” pitch changing technology.  World’s most advanced fixed pitch propeller manufacturing facilities – now up to 4.6m in diameter. Robotically produced mol

  7. Slide 7: Conquest Propellers

    Conquest Propellers Conquest Propeller have been developed to specifically meet the demands of the replacement propeller market  Since the release of Conquest in 2017, VEEM has been actively engaging propeller distributors around the world.  Current number of dealers and stockists around the world

  8. Slide 8: Propulsion Packages

    Propulsion Packages Shaftlines packages now moving into commercial phase.  New software to auto calculate, design and draw shaft lines completed and in use.  Software provides minimal cost designs for shaft lines to all major surveying authorities.  Working on new high efficiency drive system des

  9. Slide 9: Gyroscopic Stabilisers

    Gyroscopic Stabilisers VEEM Gyros are designed and packaged to reduce vessel roll which increases comfort and vessel operational performance in all sea conditions. VEEM Gyro Range Size Model Torque Boat size (approx. per 1 unit) Small VG120SD 120k Nm 25 to 30m Small VG145SD 145k Nm 30 to 35m Medium

  10. Slide 10: FY19 Financial Result

    FY19 FINANCIAL RESULT

  11. Slide 11: FY19 Financial Result

    FY19 & FINANCIAL RESULT FY19 was another productive year for VEEM Ltd.  Due to the cyclical nature of the submarine refit FY18 FY19 program, revenue for FY2019 was impacted by lower sales in this area, however other sales in the Operating Revenue $40.71m $44.9m Company's traditional services result

  12. Slide 12: Market Update

    MARKET UPDATE

  13. Slide 13: Market Update

    Market Update VEEM Gyros  $5,400,000 AUD orders currently in hand for delivery this financial year.  First VG1000SD to Damen Ships to be delivered Jan 2020.  Inquiries have change from what is it? To what size do I need and how much?  Seeing repeat orders commencing - Van de Valk, West Port, Cou

  14. Slide 14: Market Update cont.

    Market Update cont. Defence  Full cycle submarine docking valve orders are due in the next 3 months.  Pacific Patrol Boat shaft line won, tender process underway with OPV, Future Frigate and new Subs.  Fin ride control work load is strong for FY2020. Propulsion  Shaft line sales increasing, capi

  15. Slide 15: Summary

    Summary Total world domination for marine propulsion and gyro stabilization  Market traction and engagement with key OEMs growing, Gyro orders at $5.4M AUD FYTD and expected to increase.  Defence component remains strong – PPB contract award, VEEM pre qualified and tendering on all projects. Futur

  16. Slide 16: Appendices

    APPENDICES | —

  17. Slide 17: Where we came from?

    Where we came from? For a long time, partly due to our location and markets, VEEM was a manufacturer of anything and everything. VEEM has supplied to:  Boeing and Airbus (B737, A320 components)  CERN Large Hadron Collider (radiation shields)  precision hull valves to submarine builders  ride con

  18. Slide 18: Our skills

    Our skills As a result we had developed a wide capability and capacity of engineering skills including:  Detail engineering design  Hydrodynamics  3D modelling  Programming  Electronics  High compliance casting - Produce over 250 types of alloys.  CNC machining  Robotics  Dynamic balancing

  19. Slide 19: Business History

    Business History 2012 Continuing our story 2005/6 New workshops Fast loop combining Osborne manufacturing Park into Canning process Vale implemented four year $30m LCS contract 2016 with Austal Conquest Ships secured Propellers 2000 2006/7 released 1987 Propeller Interceptor 2018 Quality System Expo

  20. Slide 20: What and Who are we now?

    What and Who are we now? Eventually we realised that we were a Manufacturer of Sophisticated Marine Products with one unique VEEM product that we were selling globally. This recognition led us to developing more marine products to build our future on. Products like VEEM gyros, Conquest, VEEM shaft l

  21. Slide 21: Continued Strategy and Drivers for Growth

    Continued Strategy and Drivers for Growth Strategy Drivers for Growth VEEM has strong capability and sees specific  Sales and Marketing via third party growth opportunities in: distributors and agents  VEEM’s High-end marine propellers and shaft lines  Continuous research and development  Conque

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