Service Stream Limited · ASX:SSM

Service Stream — Shareholder Meeting (October 2015)

16 slides from Service Stream's shareholder meeting presentation, Oct 21, 2015

  1. Slide 1: Managing Director's AGM Presentation

    Service Stream Limited Managing Director’s AGM Presentation For personal use only Leigh Mackender 21 October 2015

  2. Slide 2: Agenda

    Agenda For personal use only 1. FY15 Results Overview - Financial, Commercial & Operational Highlights 2. Business Unit & Strategy Update 3. Business Outlook

  3. Slide 3: Financial Highlights FY15

    Financial Highlights FY15  Increase in revenue driven by growth in Fixed Communications $411.3m For personal use only associated with a ramp-up in nbn-related activities  Offset by declines in Energy & Water in line with expectation due to Revenue up from $389.6m FY14 conclusion of smart meter rol

  4. Slide 4: Key Financial Measures

    Key Financial Measures For personal use only Revenue $m 350 298.0 300 250 228.6 215.0 213.7 Key financial measures 200 174.6 197.6 150 100 $ million FY15 FY14 Change 50 Revenue 411.3 389.6 21.7 6% 0 1H13 2H13 1H14 2H14 1H15 2H15 EBITDA 25.4 16.6 8.8 53% EBITDA % 6.2% 4.3% 1.9% Net profit after tax 1

  5. Slide 5: Safety Highlights

    Safety Highlights Strong focus on safety is driving improvements across the business For personal use only  Continued focus on safety has resulted in improved performance LTIFR across all key metrics: (rolling 12 months) 6.0 – Lost Time Injury Frequency Rate of 1.2 (down from 2.9) 5.0 4.6 4.6 – Tot

  6. Slide 6: Commercial Highlights

    Commercial Highlights For personal use only Re-secured agreements expiring in FY15 Telstra Wireless design & construction 3 years with 1 yr option Vodafone Wireless design & construction 2 years with 2 yr option Commercial Activity Origin Energy Solar PV installation services 3 years with 2 x 1 yr o

  7. Slide 7: Operational Highlights

    Operational Highlights For personal use only  Increase in revenue driven by ramp-up in nbn-related activities, most notably customer connections & activations  Successfully undertook FTTN trials for nbn and Telstra (22 SAMs equating to ~60,000 premises)  Maintained a steady focus on managing prod

  8. Slide 8: Business Units Update

    Business Units Update For personal use only

  9. Slide 9: Fixed Communications

    Fixed Communications FY16 Priorities For personal use only  Successful mobilisation to support the new 5 year MIMA agreement with nbn to construct broadband infrastructure  Secure additional nbn-related work programs including those associated with nbn’s new multi-technology deployment model  Sec

  10. Slide 10: Mobile Communications

    Mobile Communications For personal use only FY16 Priorities  Build on recent customer diversity and work to secure future volumes: - Crown Castle; - NSW Telco; and - Nokia Networks  Enhancement and expansion of centralised national design team  Secure renewal of Telstra wireline contracts  Worke

  11. Slide 11: Energy & Water Update

    Energy & Water Update For personal use only FY16 Priorities  Work with Active Stream to maximise year 1 work volumes under the new metering field services contract  Work with Origin Energy to maximise volume under the renewed Solar PV installation contract  Successful renewal of smaller metering

  12. Slide 12: Group Strategy & Outlook

    Group Strategy & Outlook For personal use only

  13. Slide 13: Delivered against our strategic plan

    Delivered against our strategic plan Continued execution against the strategic plan in FY15 For personal use only  Retention of contracts proceeding to market  Retained 100% of all major contracts that expired during the year  Improve contract and commercial management disciplines UNLOCK  Improv

  14. Slide 14: Group Strategy

    Group Strategy Underpinning sustainable profitability and growing shareholder value in FY16 For personal use only Client Mature Securing Service relationships operating Our people growth delivery model opportunities UNLOCK RECONFIGURE EXTEND value from existing and refine the operating the reach of

  15. Slide 15: FY16 Outlook

    FY16 Outlook  The Group is targeting further earnings growth in FY16, subject to For personal use only successfully expanding existing operations and securing new contract works across key clients  Q1 FY16 is ‘on target’  Board is considering optimal means of returning value to shareholders due t

  16. Slide 16: Questions?

    For personal use only Questions?

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