Om Holdings Ltd. · ASX:OMH
Om — Shareholder Meeting (May 2020)
14 slides from Om's shareholder meeting presentation, May 29, 2020
Slide 1: OM Holdings Limited ASX announcement cover letter
OM HOLDINGS LIMITED (ARBN 081 028 337) No. of Pages Lodged: 14 29 May 2020 ASX Market Announcements ASX Limited 4th Floor 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam OM HOLDINGS LIMITED (“OMH”) INVESTOR PRESENTATION Please find attached a copy of the OMH Investor Presentation delivered at the An
Slide 2: OM Holdings Limited Annual General Meeting May 2020
1 OM HOLDINGS LIMITED Australia • China • Japan • Malaysia • Singapore • South Africa May 2020 • Annual General Meeting • ASX:OMH
Slide 3: Disclaimer
2 DISCLAIMER This presentation has been prepared and issued by OM Holdings Limited ARBN 081 028 337 (“OMH”). This presentation contains summary information about OMH. The information in this presentation does not purport to be complete or to provide all information that an investor should consider w
Slide 4: Our Operations
3 OUR OPERATIONS Exploration & Mining Smelting & Sintering Marketing & Trading Bootu Creek - Australia Qinzhou - China (100%) Singapore/China (100%) (100%) Mn alloy: 80kpta Global sales and procurement Manganese ore: 0.8 Mtpa Sinter ore: 300ktpa Manganese ore, Ferrosilicon, Silicomanganese, Ferroman
Slide 5: Company Snapshot
4 COMPANY SNAPSHOT Integrated mining and smelting Group, major bulk ferroalloy producer Issued Shares 738.6 million shares $2.00 Share Share Price Performance Share Price A$ 0.375 $1.50 Graph to be Metrics (as at 25th 52 weeks Low / High A$ 0.24 / A$ 0.975 $1.00 updated again May 2020) Market Capita
Slide 6: FY2019 Financial Highlights
5 FY2019 FINANCIAL HIGHLIGHTS Revenue Loan Repayment Cashflow from Operations A$1.03b A$74m A$98.7m FY18 A$1.5b FY18 A$43m FY18 A$179.6m EBITDA Gearing Ratio Profit per share A$154.5m 0.93x 7.69 cents FY18 $339.7m FY18 1.14x FY18 22.05 cents
Slide 7: Achieved A$154.5M of EBITDA in FY2019
6 ACHIEVED A$154.5M OF EBITDA IN FY2019 Sustained positive performance despite temporary disruptions and market headwinds Revenue Breakdown by Geography Group Adjusted EBITDA(1) $400 Revenue: 17% A$1.03b $350 $300 31% 4% $250 $200 A$ million 8% $150 4% $100 5% $50 31% $0 FY2017 FY2018 FY2019 -$50 Ea
Slide 8: Gearing Ratio Lowest in 6 Years
7 GEARING RATIO LOWEST IN 6 YEARS Ability to service debt even during challenging market circumstances Net Debt Gearing Ratio • Repaid ~A$20.9 million in 1Q 2020 $700 against Sarawak Project Finance 5.00 4.76 • Net Debt / EBITDA of 2.75 times $600 • Continue to focus on paying down debt 4.00 $500 3.
Slide 9: Cash Generation from Operations
8 CASH GENERATION FROM OPERATIONS Cashflow allows for organic growth and ability to service loans Net Cashflow from Operating Activities $200 $150 Sustainable cashflow from A$ million $100 operating activities over the years allows for organic growth and $50 ability to service loans $0 2015 2016 201
Slide 10: Challenging Price Environment
9 CHALLENGING PRICE ENVIRONMENT Sustained outputs and high inventories put pressure on prices FeSi Production Mn Ore Index Ore Inventory USD/mt (‘000s mt) USD/dmtu (millions mt) $2,100 600 $10 Manganese Ore Index 5.0 Chinese FeSi Production Japan FeSi Index $9 4.5 $1,900 Japan SiMn Index 500 $1,400
Slide 11: COVID-19: Emergence and Response
10 COVID-19: EMERGENCE AND RESPONSE Employee Safety Business Continuity Rolled out safety preventive measures: Supply Chain & Markets - Additional storage capabilities gives flexibility • Increased hygiene standards, sharing best - Enhanced trade terms for risk management practices with all employee
Slide 12: Future Organic Growth
11 FUTURE ORGANIC GROWTH Well positioned with expansion plans, prepared for industry recovery BURSA 14 FeSi MALAYSIA Si OMH and Bryah Silicon Resources Joint Venture SiMetal Dual Listing on Raw Material Higher Value Add Expanding Capacity Bursa Malaysia Development (~Capex A$30 mil) (~Capex A$100-15
Slide 13: Growth of Steel in SEA
12 GROWTH OF STEEL IN SEA Steel demand remains positive in the long run Steel consumption per capita Other Asia 87kg per capita North America 289kg per capita European Union 333kg per capita East Asia 726kg per capita* Rapid urbanization in SEA • Higher standards of living • Increased demand for ste
Slide 14: OM Holdings Limited
13 OM HOLDINGS LIMITED AUSTRALIA • CHINA • JAPAN • MALAYSIA • SINGAPORE • SOUTH AFRICA