Raubex Group Limited · JSE:RBX
Raubex — Conference Presentation (August 2016)
20 slides from Raubex's conference presentation, August 2016
Slide 1: Conference Presentation
Conference Presentation August 2016 Raubex Group Limited (Incorporated in the Republic of South Africa) Registration number 2006/023666/06 JSE share code: RBX ISIN: ZAE000093183 (“Raubex” or the “Group”)
Slide 2: Company overview
Company overview • Raubex was founded in 1974 • Started as a road construction and bridge building company • Listed on the JSE in March 2007 under Construction and Materials sector • Substantial growth through strategic acquisitions post listing • Operates a vertically integrated model through a num
Slide 3: Group controls and operates commercial quarries and material handling
The group also controls and operates a selection of strategically positioned commercial quarries and specialises in material handling, processing and screening operations for the mining sector. Materials Diamond Copper Aggregates Gold Coal Gypsum Bitumen ) Electricity * Housing * Commercial quarries
Slide 4: Material handling and processing activities
Material handlingBusiness and processing activities segments Diamond Gold Iron ore Copper Coal Sand Aggregates Gypsum Commercial quarries
Slide 5: Geographical footprint
Geographical footprint
Slide 6: Asphalt plant locations
Asphalt plant locations Q National Asphalt (e) Shisalanga Number of asphalt plants Free | Gauteng | North West | Mpumalanga | Eastern | Northern Western | KwaZulu- | Botswana | Total State Province Cape Cape| Cape Natal
Slide 7: Commercial quarry locations
Commercial quarry locations
Slide 8: Road network
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Slide 9: Road network
Road network South African Paved Road Network 100 000 60% 90 000 50% 80 000 70 000 40% 60 000 Km 50 000 30% 40 000 20% 30 000 20 000 10% 10 000 - 0% SANRAL Provinces Municipalties & Metros Km 21 403 47 348 89 373 % 14% 30% 56%
Slide 10: Road network
Road network Source: SANRAL strategic plan
Slide 11: Road network
Road network Source: SANRAL 2013
Slide 12: Financial review
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Slide 13: Financial review
Financial review Financial review % Annual results 2016 Annual results 2015 Change (R’000) (R’000) Revenue 9,4% 7 925 754 7 245 259 Operating profit (EBIT) 14,2% 710 563 622 171 Operating profit margin 9,0% 8,6% Effective tax rate 29,1% 29,4% Earnings Per Share (cents) 11,0% 236,9 213,4 Dividend Per
Slide 14: 10 Year Financial Review
10 Year Financial Review Financial review Revenue (Rbn) Operating Profit (Rm) 9.00 1000 19.4% 8.00 900 19.1% 800 7.00 219 2.33 9.0% 1.96 700 14.6% 6.00 221 8.6% 1.62 600 178 10.6% 8.5% 5.00 1.50 8.6% 400 500 1.37 20.2% 4.00 1.02 1.04 324 211 259 1.02 400 102 219 3.00 668 5.28 5.60 300 574 4.70 4.13
Slide 15: 10 Year Financial Review
10 Year Financial Review Financial review Cash Generated from Operations (Rm) Headline Earnings Per Share (cents) 1200 350 323.8 300 1000 1050 291.7 964 250 800 853 859 240.2 234.4 793 785 751 200 209.1 600 663 187.1 180.1 177.2 150 158.7 400 449 100 110 100 100 83.3 78 200 71 50 60 60 65 65 199 0 0
Slide 16: 2016 Divisional Revenue
Financial review FY15 Divisional Revenue 2016 Divisional Revenue (Rm) 2016 Revenue % 3 500 3 000 3 048 2 500 Materials 2 332 29% 2 000 Road surfacing and Rehab 39% 1 500 1 401 1 000 1 145 500 Infrastructure 14% Road - construction MATERIALS ROAD ROAD INFRA 18% SURFACING AND CONSTRUCTION REHAB Revenu
Slide 17: 2016 Divisional Operating Profit
Financial review FY15 Divisional Operating Profit 2016 Divisional Operating Profit (Rm) 2016 Operating Profit % 450 400 400 350 Road surfacing 300 and Rehab 24% 250 200 150 173 Materials 56% Road construction 100 103 15% 50 Infrastructure 17.1% 5.7% 7.4% 35 3.1% 5% - MATERIALS ROAD SURFACING ROAD IN
Slide 18: Order book
Order book ORDER FY15BOOK Divisional Operating Profit FY 2015 FY 2016 International SANRAL SANRAL International 25% 24% 27% 26% Parastatal 14% Private Parastatal Private 20% 15% 18% Provincial Provincial 7% 12% Municipal Municipal 6% 6% Timing R8,679bn Timing R8,266bn FY 2016 R5,966bn FY 2017 R6,901
Slide 19: Conclusion
Conclusion • Over 40 years in the construction industry • Tenth year as a listed company on the JSE • Experience in managing the cycle • Quality short term order book secured • Focus now on order book replacement to secure medium term • SANRAL budget encouraging; some large projects in the pipeline
Slide 20: Questions
Questions RAUBES: >» me! “Bex Group Lie