Qube Holdings Ltd. · ASX:QUB
Qube — Shareholder Meeting (November 2018)
25 slides from Qube's shareholder meeting presentation, Nov 22, 2018
Slide 1: Chairman's address and Managing Director's Presentation – 2018 AGM
22 November 2018 ASX Announcement Chairman’s address and Managing Director’s Presentation – 2018 AGM Chairman's Address Good morning and welcome to the 2018 Qube Annual meeting. 2018 was another successful year for Qube and I am pleased to report another very strong safety performance at Qube’s oper
Slide 2: Chairman's address (continued): highlights and outlook
The Qube balance sheet remains strong with low gearing and a wide range of funding sources positioning the company well for growth in the years ahead. Having now completed my first full year as Chairman, I am confident that the board and management are strongly aligned to the vision of making Qube A
Slide 3: FY19 outlook by division
In FY19, subject to no material change in the domestic or global economic environment, Qube expects broadly similar overall conditions and volumes across most areas of Qube’s activities including containerised transport, bulk commodities and forestry products. Qube does not presently expect a signif
Slide 4: Qube Holdings Limited Annual General Meeting
QUBE HOLDINGS LIMITED ANNUAL GENERAL MEETING 22 November 2018
Slide 5: Disclaimer – Important Notice
Disclaimer – Important Notice The information contained in this Presentation or subsequently provided to the recipient whether orally or in writing by, or on behalf of Qube Holdings Limited (Qube) or any of its directors, officers, employees, agents, representatives and advisers (the Parties) is pro
Slide 6: Agenda
AGENDA 1. Chairman’s Address 2. Managing Director’s Address 3. Questions 4. Formal Proceedings 3
Slide 7: Chairman's Address
Chairman’s Address 4
Slide 8: Managing Director's Address
Managing Director’s Address 5
Slide 9: Qube Today
QUBE TODAY OPERATING DIVISION AND STRATEGIC INVESTMENTS OPERATING DIVISION INFRASTRUCTURE & PROPERTY PATRICK STEVEDORES (50%) QUBE LOGISTICS QUBE PORTS & BULK • Holds interests in strategically located • Qube owns a 50% interest in Patrick, one properties for development into logistics of two major
Slide 10: Geographical Presence
GEOGRAPHICAL PRESENCE QUBE TODAY Queensland Brisbane Port Freight Terminal Western Australia Brisbane Port Empty Park • Workforce of over Fremantle Freight Terminal Toowoomba Freight Terminal Darwin 6,000 employees Fremantle Freight Empty Park Townsville Freight Terminal Jandakot Freight Terminal Ca
Slide 11: Strength Through Diversification
STRENGTH THROUGH DIVERSIFICATION NOTES FY18 underlying revenue 1 FY18 underlying EBITA1 Patrick Logistics 1. Indicative split 14.9% Logistics Patrick 25.1% 36.8% 26.6% including Qube’s Infrastructure proportional share of & Property 4.9% Patrick (50%) and excluding contribution of Corporate division
Slide 12: Strength Through Diversification: Revenue by Industry / Product
STRENGTH THROUGH DIVERSIFICATION FY 18 INDICATIVE REVENUE BY INDUSTRY / PRODUCT Logistics Other* Shipping/ Ports & Bulk Ancilliary Other** Iron Ore 10.6% Terminal 8.7% 10.0% Services 20.9% 6.0% Concentrate Facility 8.2% Manufacturing Operations 6.3% 22.2% Mineral sand Oil & Gas (incl lithium) Retail
Slide 13: Continued Focus on Safety
CONTINUED FOCUS ON SAFETY CONTINUED IMPROVEMENT IN SAFETY RECORD Lost Time Injury Frequency Rate (LTIFR)* • Improvement of 67% and 43% in LTIFR and TRIFR between 7 6.6 FY 17 and FY 18, respectively, reflecting Qube’s ongoing 6 investment in safety systems, training and awareness 5 4.6 4 3.2 • 96% im
Slide 14: Our QubeCare
OUR QUBECARE HEALTH & SAFETY Focus on Health and Wellbeing • QubeCare is committed to creating healthy workplaces for our employees • Aiming to create a culture of wellness by encouraging healthy lifestyle • Over the past 12 months we have focused on a series of initiatives to educate and support ou
Slide 15: Building Engagement
BUILDING ENGAGEMENT Focus on growing engagement within the Qube organisation through both external and internal communication EXTERNAL SOCIAL MEDIA PRESENCE Over 70 stories provided in the first 4 months from Qube operations and individuals QUBE EMPLOYEE APP Downloaded by 2,000 employees in the firs
Slide 16: Community Engagement: Wayfinder
COMMUNITY ENGAGEMENT WAYFINDER • Wayfinder is a three-year initiative aiming to increase the number of women in supply chain • Developed by the Centre for Supply Chain and Logistics at Deakin University in conjunction with Wayfinder industry sponsor Qube • The program links industry with community t
Slide 17: Community Engagement: Clontarf Foundation
COMMUNITY ENGAGEMENT CLONTARF FOUNDATION • Qube recognises the importance of offering our indigenous communities, employment and opportunity • Qube has been financially partnering with Clontarf Foundation for over 3 years • Clontarf exists to improve the education, discipline, life skills, self- est
Slide 18: FY19 Q1 Business Update: Operating Division
FY 19 Q1 BUSINESS UPDATE OPERATING DIVISION Overall, trading in line with expectations with no change to full year outlook LOGISTICS PORTS BULK • Earnings benefitting from MCS • Solid volumes in most areas including • Strength in bulk haulage activities has acquisition and new contracts/ energy, for
Slide 19: FY19 Q1 Business Update: Infrastructure & Property and Patrick
FY 19 Q1 BUSINESS UPDATE INFRASTRUCTURE & PROPERTY AND PATRICK INFRASTRUCTURE & PROPERTY PATRICK Overall, trading ahead of expectations although currently no change to full Trading ahead of expectations although year outlook currently no change to full year outlook MOOREBANK LOGISTICS PARK AAT PATRI
Slide 20: Moorebank Logistics Park
MOOREBANK PRECINCT EAST MOOREBANK LOGISTICS PARK STAGE 2 (MPE2) PLANNING APPROVALS • Approved (January 2018) • Ability to construct approximately 300,000 m2 of warehouses and IMEX terminal (250,000 Qube’s site MPE2 TEU capacity in manual operations and 1.0 million TEU capacity once automated) MOOREB
Slide 21: IMEX Automation
IMEX AUTOMATION MOOREBANK LOGISTICS PARK • Qube decided during the period to proceed with the automation of the IMEX rail terminal TIMELINE UPDATE • Kalmar Global was appointed to deliver the equipment and associated operating systems progressively starting late CY 19 with a staged set up to be comp
Slide 22: Moorebank Construction Update
MOOREBANK CONSTRUCTION UPDATE Video link to be loaded here 19
Slide 23: Moorebank Logistics Park: Tenant Take Up
MOOREBANK LOGISTICS PARK TENANT TAKE UP UPTAKE under negotiation under 3PL negotiation WAREHOUSE Qube 50,000m2 Target total leased 140,776 m2 under negotiation 29,230 m2 available 92,700 m2 20
Slide 24: FY19 Business Update and Outlook
FY 19 BUSINESS UPDATE AND OUTLOOK Q1 FY 19 • Pleasing start to FY 19 with the overall financial results slightly ahead of internal expectations • Continued benefit from diversification of activities enabling overall growth despite some challenges • Focus on ensuring successful delivery of strategic
Slide 25: Questions
Questions 22