Ashley Services Group Ltd. · ASX:ASH
Ashley Services — FY2020 Earnings Presentation
10 slides from Ashley Services's earnings presentation, Aug 28, 2020
Slide 1: 2020 Results
Labour Hire | Recruitment Training 2020 RESULTS 28 August 2020
Slide 2: Impressive Resilience Despite COVID Impacts
IMPRESSIVE RESILIENCE DESPITE COVID IMPACTS Quality result for FY20, broadly holding around FY19 levels despite COVID impacts ▪ Revenue of $336.8 million, h$50m or 17.1% on pcp* ▪ EBITDA of $9.7 million, h$0.6m or 6.8% on pcp (EBITDA adjusted for impact of AASB 16 – Leases was $9.1m, in line with pc
Slide 3: Hard Earned Continuation of Positive Trends
HARD EARNED CONTINUATION OF POSITIVE TRENDS REVENUE FY16 - FY20 EBITDA FY16 - FY20 400.0 12.0 9.7 336.8 10.0 9.1 350.0 332.8 314.7 8.0 8.0 300.0 287.6 5.7 276.9 6.0 250.0 4.0 200.0 2.0 0.0 150.0 FY16 FY17 FY18 FY19 FY20 (2.0) 100.0 (4.0) 50.0 (6.0) (8.0) - (7.7) FY16 FY17 FY18 FY19 FY20 (10.0) * FY1
Slide 4: Divisional Profitability
DIVISIONAL PROFITABILITY ▪ Labour Hire FY20 Revenue $329.5m, h$50m REVENUE by Division FY16 - FY20 (17.9%) on pcp 400.0 ▪ CCL Group first year revenue of $48.9m 350.0 6.7 48.9 300.0 25.5 ▪ Action Workforce revenue growth of 3.0% 250.0 28.3 8.0 7.3 ▪ Concept Engineering revenue reduction of 8.7% 200.
Slide 5: Business Overview
BUSINESS OVERVIEW 210 Internal Staff 1 21 Offices 350+ Customers 4 + 5,000 Weekly Workers 2 4 1 4.6 Years Tenure Top 20 Customers 9 Fully Integrated Labour Hire & Training provider 5
Slide 6: Labour Hire Division
LABOUR HIRE DIVISION ▪ Transport & Logistics ▪ Trades ▪ Permanent ▪ Construction Labour ▪ Production/Process ▪ Engineering Recruitment ▪ Specialist Labour ▪ Manufacturing ▪ Technical ▪ Fixed term Contract ▪ Labourers, Trades, ▪ Horticulture ▪ Maintenance ▪ Executive Search Plant Operators, ▪ Constru
Slide 7: Training Division
TRAINING DIVISION ASH Pty Ltd Australian Institute of Vocational Training Tracmin Pty Ltd (RTO 20749) Vocational Australia Pty Ltd (RTO 51895) ▪ Business, Administration, Development Pty Ltd (RTO 90804) ▪ Civil Construction Plant Leadership, Management (RTO 40596) ▪ Early Childhood Education Operati
Slide 8: Consolidated Statement of Profit or Loss and Other Comprehensive Income
Consolidated Statement of Profit or Loss and Other Comprehensive Income For the financial year ended 5 July 2020 05-Jul-20 30-Jun-19 $000 $000 Revenue 336,841 287,570 Other income 2,040 1,184 Employment costs (321,668) (273,995) Depreciation and amortisation expense (2,068) (1,007) Finance costs (71
Slide 9: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position As at 5 July 2020 05-Jul-20 30-Jun-19 05-Jan-20 30-Jun-19 $000 $000 $000 $000 Assets Liabilities Current assets Current liabilities Cash and cash equivalents 8,063 6,784 Trade and other payables 18,517 13,900 Trade and other receivables 29,418 28,524 Curr
Slide 10: Notice and Disclaimer
Notice and Disclaimer Purpose and Date: This presentation contains general background information about the activities of Ashley Services Group Limited ABN 92 094 747 510 (“ASH”) as at 28 August 2020 (“Presentation Date”). No financial advice: The information in this presentation does not constitute