Boom Logistics Ltd · ASX:BOL
Boom Logistics — UBS Conference 2006
24 slides from Boom Logistics's conference presentation, Oct 17, 2006
Slide 1: Sherrin Hire
S suennin HIRE
Slide 2: Boom's service offer & Business profile 2006
Boom’s service offer & Business profile 2006 Zi ee RE a Service Offer * Provide tailored integrated lifting solutions to clients incorporating Tower Cranes lr avel Access Equipment New & Used Crane Sales + National Depot Network 52 + Employees 1,300 + Brands BOO SHERRIN H/RE WAJAMES EQUIPMENT Austra
Slide 3: FY2006 Highlights
FY2006 Highlights * Strong full year result Revenue $253.8m EBITDA $76.4m EBITDA % 30.1% NPAT $33.1m NPAT 19.1% EPS 21.8¢ DPS 10.4¢ « Underlying full year organic growth rate of 13% * Acquisition of Sherrin Hire for $130m — August 2005 « Entry into ASX 200 — March 2006 * Acquisition of Camilleri Ind
Slide 4: Market Capitalisation / EPS
Market Capitalisation/ EPS Market Capitalisation ($m) EPS (cents/ share) IPO Dec-03 Jun-04 Dec-04 Jun-05 Dec-05 Jun-06 Oct-03 Providers of Lifting Solutions to Australia $ sHERRIN WIRE 4of 24 Zl ee RE TE
Slide 5: Revenue Segmentation — FY06
Revenue Segmentation — FY06 Ll CR sR iii f Zl ee lll Market Segmentation Geographic Segmentation “Diverse and balanced revenue streams” Residential ¥ 1% Engineering! Civil Construction 13% i 1 1) | Government! Defence 1% Blue Chip Client Base 100% = $253.8M FY06 revenue + BlueScope Steel + Mobil * A
Slide 6: Revenue Segmentation — FY06
Revenue Segmentation — FY06 Ll CR sR iii f Zl ee lll Segmentation by Equipment Wet Hire/ Dry Hire Other Equipment 3% Travel Tower Access “Wika Equipment 11% Rigging 6% duc + Unique bundled service offering + Equipment flexibility (not industry specific) * Tailored solutions + Maintainable earnings b
Slide 7: Boom Logistics National Presence
@ Boom Logistics aan O Sherrin Hire Boom Logistics i @. G National Presence ames Group ee Ve Brisbane ; ) Banjo 2 Beenleigh " re a Vali Braeside atrabe Valley % @ Bass Strait Tot 24
Slide 8: Strategy
Strategy Ll Zl ee RE TE * Continue to invest in organic and acquisitive growth opportunities. * Continue to deepen our service offer. * Differentiate though quality service, risk management expertise and scale. * Continue to focus on Blue Chip long term relationships * Maintain the diversity of our
Slide 9: James Group acquisition
BOOLr s to Australia So suennin aire James Group acquisition Bot 24
Slide 10: James Group
James Group Re RE e Formed in 1954 Services provided: e FY06 Revenue - $ 44.0 m ( $7m dry hire, $37m crane sales ) FY06 EBITDA - $12.4m (28%) Operates nationally from bases in Vic, Qld & WA e e e e Employs 15 staff Providers of Lifting Solutions to Australia $ sHERRIN WIRE 10 of 24
Slide 11: James Group
James Group » Purchase price “<y $60m * EV/ EBITDA «~y” 4.8 times e Settlement date ~” 1% August 2006 e Brendan James (principal) will be retained on a min 12 month contract (Restrictive covenant applicable) a $ sHERRIN WIRE Hof 24
Slide 12: James Group
James Group ceca {ATTITOMTITT ee LR Li TE 1. As rev of $44m @ 28% EBITDA based on an EV/EBITDA of 4.8x 2. Synergy benefits — internal & external Providers of Lifting Solutions to Australia C suenrin wre 12 of 24 Boon
Slide 13: James Group — Business Model
James Group — Business Model Acquisition of new Sale of old cranes : Tadano Cranes and « Overseas used cranes * Local Sale of old cranes (improved ROM) Sale of old cranes {Improved ROI) Acquisition of Acquisition of new & used new & used cranes cranes DELIVERING TAILORED CUSTOMER SOLUTIONS Providers
Slide 14: Benefits — New Crane Sales
Benefits — New Crane Sales Ll Zl ee ll INTERNAL EXTERNAL * Exclusive “Australia wide” licence to sell new | Existing benefits Tadano cranes * Provision of quality Tadano cranes * Boom fleet configuration * Lead time support for new cranes via Dry Hire fleet New benefits « Expanded range of fleet inc
Slide 15: Benefits — Used Cranes Sales
Benefits — Used Cranes Sales Zi ee RE INTERNAL EXTERNAL * Ability to buy and sell 2°? hand cranes via an | * Extends Boom’s customer base internal wholesale capability * Deepens Boom’s service offer * Improved market intelligence Benefits Q Acquisition of all types of late model 2° hand cranes at wh
Slide 16: Benefits — Spare Parts (Tadano cranes)
Benefits — Spare Parts (Tadano cranes) Ll CR sR iii f Zl 2 lll INTERNAL EXTERNAL * Exclusive Australia wide licence to sell new * Extended distribution of spare parts via Boom Tadano spare parts Logistics national network. Benefits v R&M expense & # profit a $ sHERRIN WIRE 16 of 24
Slide 17: Benefits — Dry Hire Fleet
Benefits — Dry Hire Fleet Zl INTERNAL EXTERNAL * # capacity to meet customer needs * Rotate dry hire fleet nationally to manage peak client demand * Crane sales support * Provide certainty of supply for bid process for | + Lead time support for new cranes via dry hire new work fleet + Supplement exi
Slide 18: Flying squad of cranes
Flying squad of cranes i @ Boom Logistics O Sherrin Hire @ James Group Boom Logistics National Presence Brisbane ‘ol Beenleigh iil Pi Latrobe Valley Braeside + @ Bass Strait 18 of 24
Slide 19: In Summary - Benefits
In Summary - Benefits EEE. ites Wl Ee * $44m rev @ 28% on 4.8x EV/EBITDA Crane Sales « Procurement benefits — cranes & spare parts * Divestment benefits — domestically & off shore * & crane range - 4« sales & use + Broaden our current service offer > Improved ROI and profitability Dry Hire * & capac
Slide 20: Market Outlook
S suennin HIRE Market Outlook 20 of 24
Slide 21: Market Outlook
Market Outlook * Sector analysis — overall positive outlook ¢ Industrial sector + Resources sector + Engineering construction * Non residential » Residential sector FYO7 organic growth prospects — circa 10%. Replacement capex inline with our depreciation expense circa $29m Internal growth capex is i
Slide 22: Market Outlook
Market Outlook Key macro drivers: * Strong demand to continue for key sectors for the next 2-3 years. + Resources demand will continue to be stimulated by China's ongoing requirement for commodity and infrastructure inputs. * Engineering/ construction demand will be fuelled by a pipeline of Australi
Slide 23: Questions
BOO Providers of Lifting Solutions to Australi S sHenRIN wre Questions 23 of 24
Slide 24: Contact Details
Contact Details Zl ee RE TE Rod Harmon Managing Director Mark Lawrence Finance Director Level 12, 390 St Kilda Road MELBOURNE VIC 3004 (03) 9864 0200 (03) 9864 0222 24 of 24 € snerrin HIRE