Murray & Roberts — Investor Presentation (June 2015)
29 slides from Murray & Roberts's investor presentation, Jun 29, 2015
Slide 1: Power & Water Platform Investor Presentation
POWER & WATER PLATFORM Investor Presentation S Harrison 29 June 2015 ENGINEERED EXCELLENCE
Slide 2: Agenda
• Platform Overview • Market Outlook • Key Supporting Projects • Target Opportunities © Murray & Roberts 2015 | 2 ENGINEERED EXCELLENCE
Slide 3: Platform Overview
PLATFORM OVERVIEW
Slide 4: Restructure FY2016
RESTRUCTURE FY2016 Power & Water Platform Steve Harrison (acting) F Derwin Finance & Business Project Delivery Development Risk HSE & QA Commercial S Harrison M Jones S de la Rosa R Naidoo A Plantema Engineering & Projects Power Finance F Jooste B Baholo J Wiggill Secunda & Sasolburg Ops. Commercial
Slide 5: PP continues to underpin the platform, other opportunities coming into play
PP continues to underpin the platform, other opportunities coming into play Operating Model 0.27 LTIFR implemented achieved across SPQCP the Platform for FY 2015 Emerging Genrec – opportunities in the expanded Water sector and opportunities successful outside of acquisition Growing the traditional f
Slide 6: Safety Performance – Lagging Indicators
SAFETY PERFORMANCE – LAGGING INDICATORS FY LTFIR & TRCR as at end May 2015 Staff on site (Incl Subcontractors) Avg. 5209 Man-hours last FY 14 990 811 (LTIFR – 0.27) Recordable Case Rate (RCR) (TRIR) 3.34 (1 000 000) man hours Highlights • Kusile achieved over 6 million man hours without LTI – LTIFR
Slide 7: Areas of Focus
AREAS OF FOCUS Ability bolstered through relationships and new partnerships Project Development Market Conceptual Feasibility Basic Engineering / Analysis of Studies Studies FEED Future Demand Project Implementation Construction / Detailed Cold Procurement Construction Commissioning Engineering Comm
Slide 8: Internal Goals and Aspirations
INTERNAL GOALS AND ASPIRATIONS Project Execution in Power and Water – Construction driven EPC Engineering, Procurement & Construction Management services to support EPC model through early engagement on studies, FEED’s, etc. Platform offering driven through existing capability, capacity and experien
Slide 9: Restructuring of Platform to optimise overhead and create sound Project Delivery
Restructuring of Platform to optimise overhead and create sound Project Delivery Primary Platform focus on Power & Water and will also undertake projects in selected complimentary markets Project Delivery competency exists in the Platform and has been enhanced through the restructure and will now ha
Slide 10: Enhancing Successful Site Project Delivery
ENHANCING SUCCESSFUL SITE PROJECT DELIVERY SPQCP measures, targets, performance and improvement measures are reinforced through; • Weekly Scorecard communication • All meetings agendas are structured around SPQCP • All communication centres on the theme of SPQCP • All performance reports are structu
Slide 11: Market Outlook
MARKET OUTLOOK
Slide 12: Power Outlook
POWER OUTLOOK Ref: Power for Africa – U.S President – Obama © Murray & Roberts 2015 | 12 ENGINEERED EXCELLENCE
Slide 13: Southern Africa: General and Key Prospects
SOUTHERN AFRICA: GENERAL AND KEY PROSPECTS Southern Africa Context • Power and Energy made up 44% of all projects in 2014 • REIPPP Program and Base Load Coal are the key drivers; followed co-gen and gas (2017-18) • Nuclear expected to rollout in the next 5 years • At the end of 2014, there were 96 e
Slide 14: Power – 5 Year Horizon
POWER – 5 YEAR HORIZON Horizon 2 Strategies for Horizon 2 • Grow SubSaharan Africa presence and project base • Establish EPC wrap capability in selected technologies • Secure Repair, O&M Service in Africa • Develop functional support services for Africa penetration Strategic focus area • Regional sk
Slide 15: Water Outlook
South Africa needs a water and sanitation revolution WATER OUTLOOK Minster Nomvula Mokanyane – May 2015 When the well’s dry, we know the worth of water B Franklin 1706 - 1790 The next World War will be fought over access to clean water Anonymous
Slide 16: Africa: General and Key Projects
AFRICA: GENERAL AND KEY PROJECTS Africa • Utilizing Aquamarine’s reseller network in Africa to identify projects – to date opportunities identified in Namibia, Kenya and Mozambique • Mine water treatment opportunities being developed in Ghana and Zambia Mozambique • Opportunities for water treatment
Slide 17: Water – 5 Year Horizon
WATER – 5 YEAR HORIZON Horizon 2 Strategies for Horizon 2 • Consider water treatment acquisition that provides access to selected global growth markets and annuity income • Develop an offering or possible acquisition in the containerized / modular waste water treatment sector Strategic focus area 3-
Slide 18: Genrec Outlook
GENREC OUTLOOK © Murray & Roberts 2015 | 18 ENGINEERED EXCELLENCE
Slide 19: Genrec: Current & Intended Markets
GENREC: CURRENT & INTENDED MARKETS Ghana DRC Tanzania Current & Future Prospects Angola Mozambique Mining, Infrastructure, Power Oil and Gas Zambia Mining Namibia Mining, Power, Oil & Gas South Africa © Murray & Roberts 2015 | 19 ENGINEERED EXCELLENCE
Slide 20: Genrec – 5 Year Horizon
GENREC – 5 YEAR HORIZON Horizon 2 Strategies for Horizon 2 • Grow SubSaharan Africa presence and project base • Enter Alternative Energy, BLC, Co-Gen and Power from Gas • Railway Products / Machining Strategic focus area • Productivity and efficiency improvement in line with 3-5 years international
Slide 21: Secured Order Book 2016–2018
80% Secured 50% Secured 20% Secured 4 000 3 000 R ‘000 000 2 000 3 080 1 000 1 934 953 - 2016 2017 2018 Secured Order Book 1. Secured order book for next three years of R6bn 2. Relates primarily to Power Programme which comprises 85% of total secured work © Murray & Roberts 2015 | 21 ENGINEERED EXCE
Slide 22: Key Supporting Projects
KEY SUPPORTING PROJECTS Medupi Power Station – March 2015 © Murray & Roberts 2015 | 22 Kusile Power Station – March 2015 ENGINEERED EXCELLENCE
Slide 23: Medupi Power Station and Kusile Power Station
Medupi Power Station Kusile Power Station Murray & Roberts Scope Achievements during FY 2015 Murray & Roberts is contracted to Mitsubishi Hitachi Power Systems Africa for the Medupi and Kusile boiler packages Kusile 6 million LTI free comprising 12 units of 800 megawatt electrical (MWe) each. Appren
Slide 24: Sasol Environment, MGO Storage Facility, Husab Uranium Project
Sasol Environment MGO Storage Facility Husab Uranium Project Volatile Organic Compound (VOC) MGO (Marine Gasoil) Storage and Supply, installation and SMEIP site erection at Sasol dispensing facility to serve three commissioning of the Secunda Plant berths within the Takoradi Port, 400/230/127V elect
Slide 25: Target Opportunities
TARGET OPPORTUNITIES
Slide 26: Expected to Commence Within the Next 2 to 3 Years
EXPECTED TO COMMENCE WITHIN THE NEXT 2 TO 3 YEARS Power – No. of Key Prospects = 6, Value = R11 bn • Positioned for REIPPP , Base Load Coal , Co Gen and Gas to Power. • EPC capability for R1b range power plant opportunities. • OEM partners for large scale power plant. • MWES O&M (joint venture with
Slide 27: Thank You
Thank You
Slide 28: Forward-looking statements disclaimer
This presentation includes certain various “forward-looking statements” within the meaning of Section 27A of the US Securities Act 10 1933 and Section 21 E of the Securities Exchange Act of 1934 that reflect the current views or expectations of the Board with respect to future events and financial a
Slide 29: Power & Water Platform
POWER & WATER PLATFORM Investor Presentation 29 June 2015 This presentation is available on http://www.murrob.com/fin_presentations.asp ENGINEERED EXCELLENCE
Murray & Roberts Holdings — Investor Presentation (June 2015) on 6ix