Aj Lucas Group Limited · ASX:AJL
Aj Lucas — Investor Presentation (December 2003)
21 slides from Aj Lucas's investor presentation, Dec 2, 2003
Slide 1: ASX Company Announcement: Broker Presentation
LUCAS WW 157 Church Street 2 December 2003 PO Box 675 Ryde NSW 2112 Australia Tel +612 9809 6866 Fax-+61 2 9807 6088 www.lucas.com.au ASX Company Announcement 20 Bridge Street SYDNEY NSW 2000 Dear Sir RE : Broker Presentation The PDF of the Broker Presentation lodged yesterday with ASX cut off certa
Slide 2: AJ Lucas Group Limited Corporate Overview
LUCAS AY AJ LUCAS GROUP LIMITED Corporate Overview December 2003
Slide 3: Contents
LUCAS Contents Nik O Overview Key Financials Divisional Performance Financial Position The Board Key Management CO oO O88 8 C€ oC Share Capital Contact Details
Slide 4: Overview
LUCAS Overview AY) a a oO oO oO oO Engineering services group specialising in tailoring solutions for oil and gas, electricity, water and telecommunications infrastructure Founded in 1957. Listed on the ASX in 1999 Capitalised at $100m From 2000 te 2003 revenue has increased from $41.6m to a record
Slide 5: Overview - Strategy
LUCAS Overview - Strategy AY) QO Strategy: > Leveraging from the success in core businesses generating more consistent cash flow, and quality and maintainability of earnings ® Enhanced reputation to secure larger and long term projects > Increase market penetration in South East Asia and Pacific Reg
Slide 6: Overview - Share Price Performance
Overview - Share Price Performance LUCAS Nik Q Record 2003 financial result, strong sector outlook and improved profile has been reflected in the share price Volume 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 AJ Lucas Share Price Performance Nov 2001 - Nov 2003 $2.50 $2.30 $2.10 $1
Slide 7: Overview - A Brief History
LUCAS Overview - A Brief History Nik PHASE Ill Growth ~ Consistent cash flow from core businesses - Increase market PHASE I gee penetration into SE Asia PHASE | Consolidation - Building annuity - Capital investment income streams Bulld - New systems - Leverage technology into - Enhance managernent t
Slide 8: Overview - Key Relationships and Major Customers
LUCAS iew - i j ‘ < Overview - Key Relationships and Major Customers AY) AJ QO Relationships are critical to success in the engineering /infrastructure sector. Lucas have partnered with like minded strong companies that include: Agility (AGL) - Jv for pipelines and related construction activity Spie
Slide 9: Key Financials
Key Financials QO Strong revenue and earnings profile since listing in 1999 QO Portfolio of secured contract works. Large pool of potential opportunities for long term contract revenue at attractive margins QO $68m order book of secured works for 2004 with feasibility studies for new projects to und
Slide 10: Divisional Performance - Pipelines
LUCAS Divisional Performance — Pipelines Nik QO Specialist in construction and installation of pipelines providing ‘End to End’ solution capability: Engineering Procurement Environmental rnanagement Construction Testing and commissioning Operation and maintenance Revenue 18.2 32.6 124.2 PBT (06) 34
Slide 11: Case Study - SEA Gas
LUCAS Case Study — SEA Gas Nik o OQ SEA Gas Pipeline Hee 3 Australia’s biggest turnkey pipeline project - $340m ra On time and on budget e Landmark model for pipeline development m a Role extended to cover ancillary control stations, training, procedures development and documentation w De EE ee ae .
Slide 12: Divisional Performance - HDD / Specialist Civil
LUCAS ivisi _ ialist Civi < Divisional Performance - HDD/ Specialist Civil NN O HDD provides trenchless installation of pipes, conduits or cables under obstacles using a surface drilling rig Q Proven as fastest, safest and most environmentally benign way to install infrastructure underground Revenue
Slide 13: Success Creates New Opportunity
LUCAS Success Creates New Opportunity Nik QO Chatswood Sewer - 1860 metres » World’s longest directional drill for gravity sewer (1.5% grade) ® &xcellent answer to environmental problem Q Illawarra Sewer for Sydney Water » World’s longest HDD installation of HDPE pipe » On time and on budget a CLP P
Slide 14: AJ Lucas technology is proven
LUCAS AJ Lucas technology is proven AY) Q Increases envelope of projects for application in water and gas sectors in particular GQ More mature technology and greater awareness of HDD for new projects Q @levation of Al Lucas capability in market place for pipelines, HDD and Coai Seam Gas Q Broader an
Slide 15: Divisional Performance - Coal Seam Gas
LUCAS ivisi _ < Divisional Performance — Coal Seam Gas Nik Q Specialises in coal seam drilling and gas management services Q Technology and expertise is established with longer term contracts now operating eg Oaky Creek Mine in Queensiand Revenue 20 39 92 PBT (0.7) (08) (05) Q Environmental regulato
Slide 16: Financial Position - Financing and Bonding
LUCAS Financial Position — Financing and Bonding Nik Q Net asset backing 67 cents per share QO Has $31.62m of cash of which $28.7m is held by the company’s joint ventures Cash assets 31.62 QA large part of the company’s ened 26.79 operations and future tenders is pele vcwet 4.40 dependent on its abi
Slide 17: The Board
The Board Mr Andrew Lukas gz age se Executive Director Mr Allan Campbell 6. com ii8 age 48 Chairman and CEO ~ Joined the company in 1975 as a project manager. - Appointed general manager in 1977 and a director in ~A graduate in Civil Engineering from UNSW with postgraduate studies at the Pipeline Sc
Slide 18: Key Management
Key Management Mr Kevin Lester se (civiy General Manager Pipelines ~ Joined the group in 1884. ~ Deputy project manager for SEA Gas project and manages Clough / Lucas JV and Agility alliance. - Has been responsible for over 50 major projects as project manager, operations manager and general manager
Slide 19: Share Capital
LUCAS Share Capital Nik QO 45.85m ordinary shares on issue QO Placement to institutional clients and Shares on Issue at 30 June 2002 36.40 rights issue in December 2002 raised $9m to fund working capital and Placement 4.35 growth opportunities at $1.10 per share completed 3 Dec 2002 Rights Issue (1
Slide 20: Contact Details
Contact Details Allan Campbell Office (02) 9809 8623 Mobile 0413 616 616 E-mail Andrew Lukas Office (02) 9809 8611 Mobile 0413 616 661 E-mail Tim Herlihy Office (02) 9809 6866 Mobile 0402 108 732 E-mail Richard Caldwell Office (02) 9226 0024 Mobile 0412 544 024 E-mail rac@bby.com.au Martin Hanrahan
Slide 21: WW
WW
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