Slide 1: Exchange SA Conference
For personal use only Exchange SA Conference 23 June 2016 2012 Donald McGurk Managing Director & CEO ANNUAL GENERAL MEETING
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Codan Limited (ABN 77 007 590 605) (Codan). The information contained in this presentation is for information purposes only and is not investment, financial product, legal or tax advice. This presentation contains summary inform
Slide 3: Transforming lives through innovation, wherever you are
CODAN For personal use only TRANSFORMING LIVES THROUGH INNOVATION, WHEREVER YOU ARE 3
Slide 4: Company Overview
COMPANY OVERVIEW Codan develops rugged, reliable, fit for purpose solutions for global markets For personal use only ASX Code CDA Shares on issue 177.1 million Market capitalisation $220 million FY16 NPAT guidance $20 million Gearing <10% Unique, patented IP that generates high, sustainable margins
Slide 5: Global Footprint
GLOBAL FOOTPRINT For personal use only Highly diversified global sales* $25M $20m $15M $38m $35 $20m m $10m $10m $45m $20M $50m $55M $2m $30m $30m $5M $15M *Based on FY15 sales 5
Slide 6: Investment in Engineering & Design
INVESTMENT IN ENGINEERING & DESIGN For personal use only Spending ~12% of sales over the past three years More than 150 engineers across the globe World class facilities Teams in Adelaide, Perth, New Zealand and Canada Working collaboratively with industry experts and research institutions Supported
Slide 7: Three Business Units
THREE BUSINESS UNITS For personal use only Communications Metal detection Underground tracking 7
Slide 8: FY15 Revenue by Business Unit
FY15 REVENUE BY BUSINESS UNIT For personal use only 8
Slide 9: Radio Communications: Long Range Digital Radio Solutions (HF)
RADIO COMMUNICATIONS Long Range Digital Radio Solutions (HF) For personal use only Infrastructure free, long range radio communications Sold to global security, peacekeeping, humanitarian and military customers Best in class, reliable, simple to use and cost-effective US$500 million addressable mark
Slide 10: Radio Communications: Land Mobile Radio (VHF/UHF)
RADIO COMMUNICATIONS Land Mobile Radio (VHF/UHF) For personal use only Land mobile radio solutions for short to medium range VHF & UHF radio Sold to public safety, natural resources and commercial customers Solutions add value across product lifecycle Accelerating investment in this division US$1 bi
Slide 11: Metal Detection: Transforming lives
METAL DETECTION Transforming lives For personal use only Entry level Coin & Treasure Gold US$179-309 US$399-799 US$1,099-1,700 US$2,749 US$4,125 US$6,375 US$8,800 11
Slide 12: Metal Detection: Latest gold machine release
METAL DETECTION Latest gold machine release For personal use only GPZ 7000® Super Gold Detector RRP US$8,800 Successfully launched February 2015 in Australia, US & Europe Released October 2015 in Africa World’s best gold detector “Far surpasses GPX detectors for detecting gold at greater depth.” – B
Slide 13: Underground Tracking
UNDERGROUND TRACKING A single platform for safety & productivity solutions For personal use only CSIRO partnership for tracking technology Enabling the transformation to autonomous mining 5 operational projects spanning safety, tracking and productivity 13
Slide 14: Codan Defence Electronics
CODAN DEFENCE ELECTRONICS Leveraging our Defence capability For personal use only A new initiative capitalising on our long history supplying the defence sector Core technical competency in RF design and build – Tier Two supplier Significant opportunity but early days 14
Slide 15: Financials
FINANCIALS For personal use only Revenue of $118 million for the nine months to 31 March (19% higher than prior comparative period) FY16 Underlying NPAT guidance $20 million (57% higher than FY15) Strong cash flow generation over the second half Low gearing (<10%) as at June 2016 (24% at December 20