Slide 1: MaxiTRANS Industries Limited Review Year Ended June 2008
For personal use only MaxiTRANS Industries Limited Review Year Ended June 2008
Slide 2: Financial Highlights
Financial Highlights For personal use only F2005 F2006 F2007 F2008 % Change $000 $000 $000 $000 on F2007 Sales 223,177 244,960 236,553 290,740 +23% EBITDA 21,941 20,088 18,180 30,309 +67% NPBT 15,107 11,772 9,800 21,943 +124% NPAT 11,291 9,313 8,018 16,101 +101%
Slide 3: Financial Highlights (cont)
Financial Highlights (cont) For personal use only F2005 F2006 F2007 F2008 $000 $000 $000 $000 Operating Cash Flow 7,140 19,308 5,543 18,600 Debt 43,634 37,095 40,706 34,542 Shareholder’s Funds 72,625 76,036 76,682 91,058 Debt/Equity % 60% 49% 53% 38% EPS (Basic) 6.59 cents 5.42 cents 4.67 cents 9.38
Slide 4: FY Overview
FY 08 Overview For personal use only • Revenue – record (+23%) • Profitability – record (+101%) • Gearing substantially reduced (53% 38%) • Operating Cash Flow up • Increased dividends (+38%) • Stronger balance sheet • Improved performance from recent acquisitions • Traditional businesses performing
Slide 5: Trailers
Trailers For personal use only •Unit sales up 40% (record output) •Record operating efficiency •Strong contribution to results •Major contracts won •New Models: Load Hold Curtain − Load Hold Curtain Trailer − EziLiner: Won Australian International Design Award Gaining share due to efficiency Interna
Slide 6: Vans
Vans For personal use only •Unit sales up 4% (record output) •Record operating efficiency •Strong contribution to profit •Major contracts won – Woolworths/Safeway Woolworths Contract – Aldi – Toll – Linfox •Customer recognition of benefits of: – Advance’s thermal efficiency – Fuel savings – Payload
Slide 7: Vans
Vans For personal use only •Unit sales up 4% (record output) •Improved operating efficiency •Positive contribution to results •Contracts won: – Toll/Coles – Woolworths/Safeway – TNT. TNT Contract Woolworths/Safeway Contract
Slide 8: Tippers
Tippers For personal use only • Unit sales up 16% (record output) • Improved operational efficiency • Favourable product mix • Benefited from improved rural sector • Increasing production rate • Further improvement in rural outlook • Strong order bank • New product: • Medium Duty Walking Floor trail
Slide 9: Tippers
Tippers For personal use only • Unit sales up 33% (record output) • Operational efficiency gains • Capex program delivering results • Order bank strong • Resources sector opportunities • New product for resources sector: Side Tipper •Side Tipper.
Slide 10: Colrain
Colrain For personal use only • Greatly improved performance • Strengthened management • Loss making retail outlets divested • Wholesale business focus • WA branch established • Increased focus on other states • New products being pursued.
Slide 11: New Zealand
New Zealand For personal use only • Strong contribution • Strong market in F2008 • Large contract completed • Increased rigid truck body business. Refrigerated Container Contract
Slide 12: Joint Ventures
Joint Ventures For personal use only Freighter Maxi-CUBE Qld (MXI 36.67%): • Record contribution (+25%) MTC – China (MXI 50%): • Strong contribution.
Slide 13: Outlook F2009
Outlook F2009 For personal use only • Business fundamentals strong: − Operational efficiency − Management − Gearing − Distribution − Brands and products − Infrastructure • Trailer and van markets have significantly contracted • Improved outlook for fuel prices, interest rates and business confidence
Slide 14: For personal use only
For personal use only