Evz Limited · ASX:EVZ
Evz — Shareholder Meeting (November 2012)
33 slides from Evz's shareholder meeting presentation, Nov 30, 2012
Slide 1: EVZ Limited Annual General Meeting
For personal use only EVZ LIMITED ANNUAL GENERAL MEETING 30 NOVEMBER 2012
Slide 2: Disclaimer
1 DISCLAIMER For personal use only This presentation has been prepared by EVZ Limited. The con- tent in this presentation is for information purposes only. The infor- mation contained in this presentation is not investment or finan- cial product advice and is not intended to be used as the basis for
Slide 3: Chairman: Max Findlay
2 MAX FINDLAY For personal use only CHAIRMAN ✾ FY12 a watershed period for EVZ ✾ Rationalisation included divestment of National Engineering ✾ Brockman - Danum merger completed ✾ Clean energy strategy created and progressed ✾ CEO appointment in September 2012 ✾ Raelene Murphy appointed as a Director
Slide 4: Scott Farthing, Chief Executive Officer
3 SCOTT FARTHING For personal use only CHIEF EXECUTIVE OFFICER CAREER BACKGROUND ✾! Joined EVZ as Chief Executive Officer on 24 Sept 2012 ✾ Scott’s career background includes more than 25 years in the engineering sector leading businesses in the building, energy and infrastructure sectors ✾ Most rec
Slide 5: Safety
For personal use only 4 SAFETY EVZ Limited through Brockman Engineering and TSF Engineering are focused on building a greater involvement in the mining, oil and gas sectors. An increased focus on health and safety stan- dards of our staff through the Safety for Life initiative will become more appar
Slide 6: EVZ Safety Performance
15 EVZ SAFETY PERFORMANCE 10 ✓ For personal use only 2012 LTIFR at 9.6 7 6 ✓ Industry average at 13.4** 5 4 ✓ Positive Incentive Scheme underway 0 2010 2011 2012 ** Safe Work Australia 2012 www.safeworkaustralia.gov.au Lost Time Injury EVZ LIMITED 6 6 6 6 4 4 4 4 2 2 2 2 0 0 0 0 2010 2011 2012 2010
Slide 7: FY12 Summary
5 FY12 SUMMARY For personal use only Year ending 30 June 2012 was a period of consolidation of EVZ Limited ✓ Interim CEO - Raelene Murphy ✓ Sale of National Engineering ✓ Integration of Brockman and Danum ✓ Improved financial governance ✓ Talent acquisition in TSF Engineering ✓ CEO recruitment searc
Slide 8: FY13 Progress
6 FY13 PROGRESS For personal use only Progress in FY13 has been in line with expectations and in concert with the new strategic direction of the group. ✓ CEO appointment completed ✓ Focus on improved earnings and de-leveraging ✓ Talent acquisition and succession planning underway ✓ Execution of the
Slide 9: Group Businesses
For personal use only 7 GROUP BUSINESSES Progress briefing on group businesses ✾ Brockman Engineering ✾ Syfon Systems ✾ TSF Engineering
Slide 10: Brockman Engineering
For personal use only Market conditions exhibit tough price competitiveness in addition to BROCKMAN ENGINEERING procurement process delays. ✓ Regional industry leader in large scale tanks and traceable piping ✓ Well established client base ✓ Growth opportunities in Western Australia ✓ FY13 YTD earni
Slide 11: Current Projects: Brockman Engineering
CURRENT PROJECTS For personal use only ✓ Shell Refinery Tank Maintenance Geelong, Vic, $8M pa ✓ Caltex Flow Upgrade Newport, Vic, $4M ✓ Yarra Valley Water Mt Ridley Tank, Vic, $4M ✓ Shell Newport Tank and Piping Upgrade, Vic, $4M BROCKMAN ENGINEERING 10
Slide 12: Active Major Bids: Brockman Engineering
ACTIVE MAJOR BIDS For personal use only ✓ Barwon Water Torquay Tank, Vic ✓ Anchortank Coode Island Terminal, Vic ✓ Alcoa Anglesea Power Shut Down, Vic ✓ Total weighted current prospective projects $4.5M ✓ Current work in hand $18.6M (25 weeks) BROCKMAN ENGINEERING 11
Slide 13: Syfon Systems
For personal use only Market conditions exhibit tough price competitiveness in addition to procurement process delays. SYFON SYSTEMS ✓ Industry leader in siphonic drainage ✓ Well established on eastern seaboard ✓ Growth opportunities in Asia and Western Australia ✓ FY13 YTD earnings in line with exp
Slide 14: Current Projects: Syfon Systems
CURRENT PROJECTS For personal use only ✓ Craigieburn Town Centre, Vic, $1M ✓ Melbourne Park West Precinct, Vic $1M ✓ Putra Stadium, KL Malaysia, $1M ✓ Mater Hospital, Qld, $0.6M SYFON SYSTEMS 13
Slide 15: Active Major Bids: Syfon Systems
ACTIVE MAJOR BIDS For personal use only ✓ Abu Dhabi Airport, UAE ✓ Studio City Casino, Macau ✓ 101 Mall, KL Malaysia ✓ Westfield Mt Gravatt, Qld ✓ Total weighted current Australian prospective projects $20M ✓ Total weighted current Asian prospective projects $4.6M ✓ Current work in hand $10M (29 wee
Slide 16: TSF Engineering
For personal use only TSF Engineering has 45 years experience in delivering turnkey power plant solutions TSF ENGINEERING in Australia ✓ Leader in gas fired power plant technology ✓ Leader in turnkey solutions for CoGeneration and TriGeneration ✓ Transition from turnkey solutions to DBOOM energy sol
Slide 17: Current Projects: TSF Engineering
CURRENT PROJECTS For personal use only ✓ Melbourne Airport TriGen, Vic, $18M ✓ LifeHouse Research Facility, NSW, $2M ✓ Next DC Data Centre, NSW, $2M TSF ENGINEERING 16
Slide 18: Active Major Bids: TSF Engineering
ACTIVE MAJOR BIDS For personal use only ✓ Global Switch Data Centre, Power Plant, NSW ✓ Yanimar Mine Power Plant, WA ✓ Baxter Healthcare Trigeneration, NSW ✓ Total weighted current prospective projects $14M ✓ Current work in hand $22M (59 weeks) TSF ENGINEERING 17
Slide 19: Clean Energy Strategy
For personal use only 8 CLEAN ENERGY STRATEGY ✓ Gas energy specialists ✓ Remote power plants ✓ CoGeneration (Power Generation + Waste Heat) ✓ TriGeneration (Power Generation + Waste Heat + Cooling)
Slide 20: What Is Cogeneration?
CLEAN ENERGY STRATEGY ELEC WHAT IS COGENERATION? GRID E << 1.0 For personal use only ELEC ENERGY POWER E = 0.45 GAS ENGINE GAS FUEL HEATING PROCESS E = 1.0 E = 0.40 CUSTOMER Greenhouse Gas Reduction of 70% 19
Slide 21: What Is Trigeneration?
CLEAN ENERGY STRATEGY ELEC WHAT IS TRIGENERATION? GRID E << 1.0 For personal use only ELEC ENERGY POWER E = 0.45 GAS ENGINE GAS FUEL HEATING E = 0.40 E = 1.0 ABSORP CHILLER PROCESS COOLING E = 0.45 CUSTOMER Greenhouse Gas Reduction of 70% 20
Slide 22: Three Point Plan
For personal use only THREE POINT PLAN 1.STRENGTHEN PROJECT PIPELINE Increased BD focus, stronger opening, middle and closing skills, new resources and talent 2. COMPLIMENTARY ACQUISITION PROGRAM Secure additional capability, industry sector expansion, geographic expansion 3. ASSET MODEL - DBOOM OFF
Slide 23: Market Assessment
MARKET ASSESSMENT ✓ Energy costs rising to significance For personal use only ✓ Electricity to gas price differential widening ✓ Greenhouse gas reduction targets ✓ Carbon tax regulatory changes ✓ Energy White Paper 2012 widely supports “distributed generation” ✓ Operating cost pressure, energy a fac
Slide 24: Industry Sectors
INDUSTRY SECTORS ✓ Built Environment: Healthcare, Commercial For personal use only ✓ Food Manufacturing ✓ Process Manufacturing ✓ Remote Mine Sites ✓ Civil Infrastructure: Airports ✓ Bio Gas and Landfill Gas Facilities 23
Slide 25: Turnkey Projects
TURNKEY PROJECTS ✓ Design, Build, Commission For personal use only ✓ Capacity 1MW - 30MW ✓ Integrated technical capability ✓ Ongoing maintenance flow on work ✗ Pricing competitiveness high 24
Slide 26: Asset Model - DBOOM
ASSET MODEL - DBOOM ✓ Design Build, Own, Operate, Maintain For personal use only ✓ Ownership life - 15 years ✓ Selected creditworthy clients ✓ No capital outlay energy cost reduction ✓ Conservative equity - debt ratios ✓ Stable income for concession period ✓ End to end service involvement 25
Slide 27: Summary
SUMMARY For personal use only ✓ Clean energy strategy underway ✓ Brockman and Syfon YTD good ✓ Cogeneration and trigeneration ✓ TSF Engineering YTD improving ✓ Increased BD focus in all sectors ✓ Market price competitiveness high ✓ Enquiry rate increasing in clean energy ✓ Talent acquisition plan un
Slide 28: Major Project: Melbourne Airport TriGeneration
For personal use only 9 MAJOR PROJECT Melbourne Airport TriGeneration
Slide 29: Melbourne Airport Trigeneration Facility Project
For personal use only MELBOURNE AIRPORT TRIGENERATION FACILITY PROJECT Melbourne Airport has embarked on a strategy to increase their energy security, reduce their peak demand and enhance their environmental credentials with a newly proposed 8MW natural gas fired purpose built on site power station.
Slide 30: Plant Capacity
PLANT CAPACITY Electricity Generation = 8.0MW Cooling Capacity = 6.0MW For personal use only Heating Capacity = 4.5MW Design to the highest quality standards with industry best equipment BROAD chillers and MWM reciprocating engines custom built in Germany. The plant will be designed to recover all o
Slide 31: Cogeneration
COGENERATION A plant configuration that simultaneously delivers a combination of heat and electrical en- For personal use only ergy. The plant comprises an engine fueled by gas that is either reciprocating or rotary tur- bine in nature Related Glossary Terms Drag related terms here Index Find Term
Slide 32: DBOOM
DBOOM Project structure where the provider (TSF Engineering) undertakes Design, Build, Owner- For personal use only ship, Operations and Maintenance of the plant. Related Glossary Terms Drag related terms here Index Find Term
Slide 33: Trigeneration
TRIGENERATION A plant configuration that simultaneously delivers a combination of cooling, heating and For personal use only electrical energy. The plant comprises an engine fueled by gas that is either reciprocating or rotary turbine in nature and an absorption chiller fueled by heat from the proce