Slide 1: Results for the Year Ended June 2020
Results for the Year Ended NI ~~ June 2020 x Simonds Group
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer While every effort is made to provide accurate and complete information, Simonds Group Limited does not warrant or represent that the information in this presentation is free from errors or omissions or is suitable for your intended use. The information provided in th
Slide 3: FY20: A year of two distinct halves
FY20: A year of two distinct halves FY20 a challenging year: • FY20 Revenue and earnings were impacted by subdued market conditions and restricted lending environment in the first half of 2019 • Solid performance with a strong focus on cost controls and investing in developing new business channels
Slide 4: FY20 Full Year Financial Results
FY20 Full Year Financial Results EBITDA1 NPAT $31.5m2 $7.1m Site up $8.3m from continuing Starts 2,395 (+35.8%) operations3 Revenue down $4.6m (-39.3%) Down 185 $664.8m (-7.2%) down $22.9m (-3.3%) Continued focus on safety and building a high performance culture Net Revenue decreased 3.3% primarily
Slide 5: Growth in Group EBITDA
Growth in Group Earnings Update EBITDA 35 31.5 30 25 23.2 14.1 20 $m 15 13.7 10.1 10 17.4 4.4 5 0 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 1. EBITDA represents earnings before interest, tax, depreciation and amortisation (D&A) from continuing operations and excluding Madisson Projects, which became a
Slide 6: Simonds Homes Results for the Full Year
Simonds Homes Results for the Full Year Key Metrics Site starts impacted by subdued market conditions in 2019 and challenges presented by the COVID-19 pandemic Revenue EBITDA1 $652.6m $28.8m down $24.3m (-3.6%) up $7.0m (+32.1%) Revenue and EBITDA impacted by lower site starts and from $676.9.m from
Slide 7: Education Results for the Full Year
Education Results for the Full Year Key Metrics BAA obtained approval to deliver 3 qualifications to international students under CRICOS with initial delivery Revenue EBITDA1 occurring in 2HFY20 $11.9m $2.4m up $1.7m (+16.7%) up $1.2m (+100.0%) The number of students studying via an Apprenticeship f
Slide 8: Balance Sheet
Balance Sheet 30-Jun-20 30-Jun-19 $m $m Balance sheet strengthened by earnings, and the Cash / Equivalents 28.3 9.7 continued focus on working capital management and Receivables 29.3 27.4 debt reduction Tax receivable - 1.1 Accrued revenue 34.4 53.7 Inventories, comprising land and display homes und
Slide 9: Cash Flows for the Full Year
Cash Flows for the Full Year 30-Jun-20 30-Jun-19 $m $m Cash from operating activities reflect continued focus Cash flows from operating activities on strong cash management controls Receipts from customers 726.6 745.4 Payments to suppliers / employees (674.2) (733.7) Payment to Suppliers are lower i
Slide 10: Key Levers for Delivering Shareholder Value
Key Levers for Delivering Shareholder Value Innovation Alternative Sales Channels Finance First Solutions Wellness Corporate Social Responsibility High Performing Culture PAGE 9
Slide 11: Current Trading Conditions and Outlook
Current Trading Conditions and Outlook FY21 economic and operating conditions: • COVID-19 pandemic continues to create uncertain market conditions • Stage 4 Lockdown in Victoria currently adversely impacting productivity • Traffic and buyer demand remains consistent • Federal and State Government st
Slide 12: Appendix
Appendix PAGE 11
Slide 13: Appendix: Impact of AASB 16 Leases Accounting
Appendix: Impact of AASB 16 Leases Accounting Continuing operations: Post AASB 16 AASB 16 Pre AASB 16 30 Jun Movement % change $m 30 Jun 2020 Impact 30 Jun 2020 2019 Revenue 664.8 - 664.8 687.7 (22.9) (3%) Expenses1 (122.5) (14.1) (136.6) (130.8) (5.8) 4% EBITDA 31.5 (14.1) 17.4 23.2 (5.8) (25%) 2 D
Slide 14: Thank you
For more information contact us at: Telephone: +61 3 9682 0700 Mailing address: Locked Bag 4002 South Melbourne VIC 3205 01 Insert divider title 3 A Insert divider title Physical address: 7 Level 1, 570 St Kilda Road Melbourne VIC 3004 www.simondsgroup.com.au Authorised for lodgement by Simonds Grou