Boom Logistics Ltd · ASX:BOL
Boom Logistics — Shareholder Meeting (November 2021)
29 slides from Boom Logistics's shareholder meeting presentation, Nov 26, 2021
Slide 1: Annual General Meeting 26 November 2021
For personal use only ANNUAL GENERAL MEETING 26 November 2021 Boom Logistics Annual General Meeting 2021
Slide 2: Chairman's Address
For personal use only CHAIRMAN’S ADDRESS Maxwell J Findlay Boom Logistics Annual General Meeting 2021
Slide 3: Online Attendees – Text Question Process
ONLINE ATTENDEES – Text Question Process For personal use only 123-456-789 When the question function is available, the messaging tab will appear at the top of the screen To submit a question, type your question in the “Ask a question” box and press the send arrow Your question will be sent immediat
Slide 4: Online Attendees – Audio Question Process
ONLINE ATTENDEES – Audio Question Process For personal use only 123-456-789 When the audio questions line is available, a link will appear on the home tab titled Asking Audio Questions If you would like to ask an audio question, pause the meeting broadcast and click on the link You will be prompted
Slide 5: Online Attendees – Voting
ONLINE ATTENDEES – Voting For personal use only When open, the vote will be 123-456-789 accessible by selecting the voting tab at the top of the screen To vote simply select the direction in which you would like to cast your vote. The selected option will change colour For Against Abstain There is n
Slide 6: FY21 Full Year Results
FY21 FULL YEAR RESULTS For personal use only Revenue EBITDA EBIT NPAT $173.3m $36.3m $4.5m $1.2m down from $185.5m up from $23.8m up from $(8.1)m up from $(17.0)m Operating Cashflow ROCE Gearing Final Dividend $25.9m 2.5% 26% 1.0¢ up from $24.3m up from (1.4)% up from 17% Total 1.5¢ for FY21 (before
Slide 7: Business Overview
BUSINESS OVERVIEW For personal use only Mining & Resources Renewables Energy & Telecommunications Infrastructure Boom Logistics Annual General Meeting 2021 6
Slide 8: Board of Directors and Key Management Team
BOARD OF DIRECTORS AND KEY MANAGEMENT TEAM For personal use only Maxwell John Findlay Tony Spassopoulos Melanie Jayne Allibon Kieran Pryke Independent, Non-executive Managing Director Independent, Non-executive Independent, Non-executive Chairman Director Director Terence Alexander Stephen Grove And
Slide 9: Managing Director's Address
For personal use only MANAGING DIRECTOR’S ADDRESS Tony Spassopoulos Boom Logistics Annual General Meeting 2021 8
Slide 10: Safety Always
SAFETY ALWAYS Lost Time Injury • Boom’s safety performance is a key operational metric, Frequency For personal use only with emphasis on risk management, leadership and Rate (LTIFR) of assurance • Safety ‘reset’ undertaken during the year to increase Zero focus on safety management interactions • Lo
Slide 11: FY22 First Quarter Results
FY22 FIRST QUARTER RESULTS* For personal use only Q1 FY22 Revenue Q1 FY22 EBITDA Q1 FY22 EBIT $60.2m $11.8m $3.0m up from $43.0m up from $9.3m up from $1.5m Q1 FY22 ROCE Q1 FY22 Utilisation Q1 FY22 TRIFR ~6% 80% 4.2 up from ~4% up from 72% down from 8.3 * Unaudited management accounts compared to Q1
Slide 12: Crane & Shutdown Services
CRANE & SHUTDOWN SERVICES Solid market for engineered FY21 overview specialised For personal use only • Solid mining maintenance activity across all clients, although lifting, labour shutdown and project activity slightly reduced and shutdown • Major shutdowns completed at Boddington Gold (WA), serv
Slide 13: Crane & Shutdown services providing lifting solutions to mining and industrial sectors
Crane & Shutdown services providing lifting solutions to mining and industrial sectors For personal use only Boom Logistics Annual General Meeting 2021 12
Slide 14: Projects
PROJECTS Infrastructure tender pipeline FY21 overview For personal use only is strong over • Wind farm construction works at Moorabool South (VIC) successfully completed and commenced project at Bango the next five (NSW), using equipment hire and labour rate model for years core lifting services • C
Slide 15: Projects servicing the wind farm, civil infrastructure and energy sectors
Projects servicing the wind farm, civil infrastructure and energy sectors For personal use only Boom Logistics Annual General Meeting 2021 14
Slide 16: Travel Towers
TRAVEL TOWERS Demand for large travel FY21 overview For personal use only towers in the • Major high-voltage transmission line project in the Pilbara (WA), utilising large size travel towers energy, telco and mining • Activity on electrical transmission and project work on wind sectors farms continu
Slide 17: Travel Towers servicing telecommunications and power line connection works
Travel Towers servicing telecommunications and power line connection works For personal use only Boom Logistics Annual General Meeting 2021 16
Slide 18: Asset Management
ASSET MANAGEMENT Improving crane and travel tower utilisation FY21 overview For personal use only • $14.7 million invested in new assets to secure new contracts and growth for FY22 • Total asset utilisation at 77%, up from 71% last year • Ongoing use of flexible asset rental model to maximise capabi
Slide 19: Recognising Years
RECOGNISING 20 YEARS For personal use only Boom Logistics Annual General Meeting 2021 18
Slide 20: FY22 First Half Outlook
FY22 FIRST HALF OUTLOOK For personal use only Revenue forecast* Clear strategy to Improving return on circa $115m achieve sustainable capital and deliver up from $84.2m pcp profit growth shareholder returns EBITDA forecast* Targeting maintenance Capital recycling & circa $22m services with recurring
Slide 21: Formal Business
For personal use only FORMAL BUSINESS Boom Logistics Annual General Meeting 2021 20
Slide 22: Item – Financial Statements and Reports
ITEM 1 For personal use only • Financial Statements and Reports Boom Logistics Annual General Meeting 2021 21
Slide 23: Item – Election of Kieran Pryke as Director
ITEM 2 For personal use only • That Mr. Kieran Pryke be elected as a Director of the Company Source: Computershare Number of Shares % of all issued Shares For 212,404,563 49.65% Against 61,000 00.01% Discretionary* 164,522 00.04% Abstain 78,296 00.02% * The number of the Chairman’s discretionary vot
Slide 24: Item – Non-Executive Directors' Fee Pool
ITEM 3 – Non-Executive Directors’ Fee Pool For personal use only • That, for the purposes of clause 42 of the Company's Constitution and ASX Listing Rule 10.17 and all other purposes, the maximum aggregate amount of Non- Executive Directors' remuneration payable by the Company to the Non-Executive D
Slide 25: Item – Adoption of the Remuneration Report
ITEM 4 – Adoption of the Remuneration Report For personal use only • That the Remuneration Report for the financial year ended 30 June 2021 be adopted Source: Computershare Number of Shares % of all issued Shares For 185,230,556 43.30% Against 1,608,688 00.38% Discretionary* 154,522 00.04% Abstain 2
Slide 26: Item – Grant of Rights & Options to Managing Director
ITEM 5 – Grant of Rights & Options to Managing Director For personal use only • That for the purposes of ASX Listing Rule 10.14 and for all other purposes, approval be given for the issue of the following Rights and Options to the Managing Director under the Company’s Executive Remuneration Plan on
Slide 27: Item – Grant of Rights and Options to the Managing Director (votes)
ITEM 5 For personal use only • Grant of Rights and Options to the Managing Director Source: Computershare Number of Shares % of all issued Shares For 208,540,027 48.75% Against 1,591,926 00.37% Discretionary* 164,522 00.04% Abstain 2,411,906 00.56% * The number of the Chairman’s discretionary votes.
Slide 28: Close of Business
For personal use only CLOSE OF BUSINESS Boom Logistics Annual General Meeting 2021 27
Slide 29: Disclaimer
DISCLAIMER For personal use only This presentation contains certain forward-looking statements with respect to the financial condition, results of operations and business of Boom and certain plans and objectives of the management of Boom. Forward-looking statements can generally be identified by the