Civmec Limited · SGX:P9D
Civmec — Investor Presentation (October 2020)
16 slides from Civmec's investor presentation, Oct 14, 2020
Slide 1: Investor Presentation October 2020
For personal use only INVESTOR PRESENTATION OCTOBER 2020 Authorised for release by the Civmec Board
Slide 2: Company Profile & Key Operating Sectors
COMPANY PROFILE & KEY OPERATING SECTORS Civmec is an integrated, multi-disciplinary construction and engineering services provider to the Oil & Gas, Metals & Minerals, Infrastructure For personal use only and Marine & Defence sectors. The company is dual listed on both the Australian (ASX:CVL) and S
Slide 3: Company Snapshot
COMPANY SNAPSHOT For personal use only Civmec is a leading end-to-end provider of integrated, multi-disciplinary manufacturing, construction and maintenance services. 3 Key Sectors 4.8% Metals & Minerals Marine, Defence & Oil & Gas Ten year NPAT Infrastructure percentage ~$940 million Contracted Ord
Slide 4: Corporate Overview
CORPORATE OVERVIEW For personal use only Executive Management Team Capital Structure Shares on Issue m 501.1 Performance Rights2 m 7.4 Jim Fitzgerald Executive Chairman Options2 m 4.0 With more than 35 years’ experience, Mr Fitzgerald has ASX A$/share $0.405 a natural ability to create solutions for
Slide 5: COVID-19 Update
COVID-19 UPDATE For personal use only • COVID-19 has not caused significant impact on the Group’s operations. • The majority of our revenue is generated is Western Australia which recently reached a milestone of 6 months without any community transmission of COVID-19. • Proactive measures implemente
Slide 6: Financial Overview
For personal use only 6 FINANCIAL OVERVIEW
Slide 7: Financial Highlights
FINANCIAL HIGHLIGHTS For personal use only FY20 FY20 FY19 vs FY19 • EBITDA of A$38.5 million, representing a 60% increase from FY19 Revenue A$391.9m A$488.5m (20%) • NPAT of A$17.5 million representing a 150% increase from FY19 EBITDA A$38.5m A$24.0m 60% NPAT A$17.5m A$7.0m 150% • Net Profit margin
Slide 8: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE For personal use only Revenue (A$M) NPAT (A$M) 120 5.0 100 4.0 80 3.0 60 2.0 40 1.0 20 0 0.0 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Order Book (A$M) EBITDA (A$M) 1000 12 10 800 8 600 6 400 4 200 2 0 0 FY17 FY18 FY19 FY20 Q1 FY20 Q2 FY20 Q3 FY
Slide 9: Considerable Investment in Strategic Assets
CONSIDERABLE INVESTMENT IN STRATEGIC ASSETS For personal use only Continued investment into strategic asset base • Considerable investment into Property, Plant and Equipment (PPE), provides Civmec with a substantial strategic asset base. 450 • Return to normal business operational capex requirement
Slide 10: Newly Awarded Contracts
NEWLY AWARDED CONTRACTS For personal use only METALS & MINERALS : METALS & MINERALS : METALS & MINERALS : OIL & GAS : IRON BRIDGE HAY POINT SHIPLOADER DUMP TRUCK TRAY BODIES WOODSIDE 5 YEAR TERM CONTRACT CLIENT: IBJV CLIENT: BMA CLIENT: VARIOUS CLIENT: Woodside Energy LOCATION: Henderson and Newcast
Slide 11: Ongoing Significant Projects
ONGOING SIGNIFICANT PROJECTS For personal use only METALS & MINERALS : METALS & MINERALS : METALS & MINERALS : METALS & MINERALS : OIL & GAS PROJECT: MESA A WET PLANT LAREGO OVERLAND ALBEMARLE KEMERTON IRON BRIDGE GORGON SUBSEA CONVEYOR PACKAGE CLIENT: Rio Tinto CLIENT: Alcoa CLIENT: Albemarle CLIEN
Slide 12: Ongoing Significant Projects
ONGOING SIGNIFICANT PROJECTS For personal use only MAINTENANCE & OFFSHORE PATROL VESSELS SHUTDOWN CONTRACTS CLIENTS: Roy Hill, FMG, Alcoa, CLIENTS: Royal Australian Navy / Luerssen Australia Rio Tinto, Chevron, QAL LOCATION: Across Australia LOCATION: Henderson DURATION: Ongoing DURATION: Ongoing to
Slide 13: Recent Performance and Activities
RECENT PERFORMANCE AND ACTIVITIES For personal use only FINANCIAL OPERATIONAL PEOPLE AND SYSTEMS • Continued stability in net profit, with • Major projects continue to advance: • Future-proofing workforce with NPAT in Q4 FY20 of A$5.4m, consistent extensive graduate and apprentice ‒ Delivery of Albe
Slide 14: Henderson Assembly Hall: A Key Strategic Asset
HENDERSON ASSEMBLY HALL A KEY STRATEGIC ASSET For personal use only STRATEGIC ASSEMBLY AND SUSTAINMENT CAPABILITY • Located in the Australian Marine Complex, 10 kilometres from Garden Island, home to a significant portion of Australia’s naval fleet. • World-class facility with significant capacity a
Slide 15: Future Outlook
FUTURE OUTLOOK For personal use only • Solid Order Book of ~A$940M. • Secured Order Book for FY21 exceeds FY20 revenue. • Preferred Status for potential contracts in the Metals & Minerals Sector. • Strong Tendering activity. • Strong Government commitment to shipbuilding and infrastructure opportuni
Slide 16: Thank You
For personal use only THANK YOU