Slide 1: Half Yearly Results Presentation
For personal use only HALF YEARLY RESULTS PRESENTATION / FEBRUARY 25, 2016 Geoff Selig – Executive Chairman Darren Dunkley – Chief Financial Officer
Slide 2: Important Notice
Half Yearly Results Presentation 2 IMPORTANT NOTICE For personal use only No recommendation, offer, invitation or advice Securities Exchange, IVE disclaims any obligation or undertaking to disseminate any updates or revisions This presentation contains general information about the activities of IVE
Slide 3: Table of Contents
For personal use only Table of CONTENTS 04 Financial highlights 05 Business highlights 06 Business overview 07 Detailed financials 09 Balance Sheet 10 Cashflow Statement
Slide 4: Financial Highlights
Half Yearly Results Presentation 4 FINANCIAL HIGHLIGHTS For personal use only Pro Forma Pro Forma H1 FY2016 H1 FY2015 % Var Actual F’cst $’M $’M $’M H1 FY2016 FY2016 Revenue 196.1 172.2 13.9% Revenue growth 13.9% 12.9% EBITDA 22.2 17.0 30.7% Organic revenue growth % 2.5% 2.3% Gross profit margin 52.
Slide 5: Business Highlights
Half Yearly Results Presentation 5 BUSINESS HIGHLIGHTS For personal use only REVENUE ACQUISITIONS • Strong new business performance • The Group continues to actively explore $18.7m opportunities for complimentary and • Letter of intent executed with Westpac earnings accretive acquisitions Banking Co
Slide 6: Business Overview
Half Yearly Results Presentation 6 BUSINESS OVERVIEW For personal use only IVE is a vertically integrated marketing and print IVE adopts a solutions-based strategy with its communications provider. IVE enables its customers customers. Solutions typically involve the bundling to communicate more effe
Slide 7: Detailed Financials
Half Yearly Results Presentation 7 DETAILED FINANCIALS For personal use only Actual Actual Actual Actual F’cst Strong revenue growth YTD Pro Forma EBITDA growth of H1 FY2016 H1 FY2015 H1 FY2016 H1 FY2015 FY2016 December 2015 to prior 30.7% over PCP is a combination Statutory Statutory Pro Forma Pro
Slide 8: Detailed Financials: Reconciliation Statutory Revenue and NPAT to Proforma
Half Yearly Results Presentation 8 DETAILED FINANCIALS For personal use only RECONCILIATION STATUTORY REVENUE AND NPAT TO PROFORMA Actual F’cst H1 FY2016 FY2016 $’M $’M Statutory Revenue 184.6 368.2 Pareto Group statutory 11.5 12.8 revenue Proforma revenue 196.1 381.0 Statutory NPAT (0.8) 8.3 Pareto
Slide 9: Balance Sheet
Half Yearly Results Presentation 9 BALANCE SHEET For personal use only Actual Actual Pro Forma Dec-15 Jun-15 Jun-15 $’M $’M $’M CURRENT ASSETS • Cash increase June 2015 pro forma to Dec 15 reflects Cash and cash equivalents 17.3 6.7 12.3 business free cashflow and cash in from Pareto acquisition Tra
Slide 10: Cashflow Statement
Half Yearly Results Presentation 10 CASHFLOW STATEMENT For personal use only • Operating cash conversion 83% - Actual Pro Forma Pro Forma H1 FY2016 H1 FY2016 FY2016 F’cst H1 reflects high point of working $M $M $M capital – reduction forecast end of H2 EBITDA 7.6 22.2 42.5 • Payments for acquisition
Slide 11: For personal use only
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