Slide 1: MaxiTRANS Industries Limited - Year Ended 30th June 2012
For personal use only MaxiTRANS Industries Limited Year Ended 30th June 2012
Slide 2: Financial Highlights
Financial Highlights For personal use only FY10 FY11 FY12 % Change $000 $000 $000 on FY11 Revenue 235,387 202,476 276,767 +37% EBITDA 14,741 11,230 23,549 +109% NPBT 7,124 4,341 16,795 +186% NPAT* 5,766 4,171 12,334 +195% * Attributable to Equity Holders These results include the following non-opera
Slide 3: Financial Highlights (cont)
Financial Highlights (cont) For personal use only FY10 FY11 FY12 $000 $000 $000 Operating Cash Flow 8,723 9,058 17,567 Net Debt 21,905 9,779 26,093 Net Debt/Equity % 25% 11% 26% EPS (Basic) 3.17 cents 2.27 cents 6.70 cents Dividend declared 2.00 cents 1.50 cents 4.25 cents Dividend as % of EPS 63% 6
Slide 4: FY12 Overview
FY12 Overview For personal use only • Unit sales up 35% on FY11 • Order intake up 39% on FY11 • Order banks at end of FY12 up 70% on FY11 • Increased demand driven by agriculture and mining & resources sectors • Another record contribution from Colrain parts business • Benefit of strategic initiativ
Slide 5: Strategic Achievements in FY12
Strategic Achievements in FY12 For personal use only − Expansion of Parts business: – Acquisition of Queensland Diesel Spares (QDS) – Revenue $40m+, EBIT $4.5m+ (before synergies) – Contribution of Parts & Service businesses to group NPBT now 45% (11% in FY08) expected to grow to 50% in FY13 − Expan
Slide 6: Parts
Parts For personal use only • Record contribution in FY12 (up 27% on pcp) • Organic sales growth from new product ranges (safety, fuel additives, etc) • Acquisition of QDS on 2 April 2012: − Geographic expansion − New product categories − New customers − Significant synergies. Two of ten new QDS par
Slide 7: Trailers
Trailers For personal use only • Unit sales up 48% on pcp • Order intake up 45% on pcp • Strong demand from mining and resources sector • Large orders from new and existing customers – fleet, military, etc • Strong order bank to start FY13 (up 61% on pcp). 7
Slide 8: Vans
Vans For personal use only • Unit sales up 46% on pcp • Order intake up 27% on pcp • New model meat hanger introduced – auto operation • Significant contracts won. 8
Slide 9: Tippers
Tippers • Unit sales up 23% on pcp For personal use only • Order intake up 58% on pcp • Driven by agricultural and mining and resources sectors • Depressed construction market (truck & dog product segment) • New mining and resource related products launched • Acquisition of AZMEB Global Trailers on
Slide 10: New Zealand
New Zealand For personal use only • Unit sales up 35% on pcp (trailing equipment market up 20%) • Relocation to larger factory in November 2011 • Extension of Freighter brand and product range • Changes to Road User Charge tax system announced in June expected to increase demand for new equipment. 1
Slide 11: MTC – Yangzhou, China
MTC – Yangzhou, China For personal use only • Major panel supplier to Chinese body builders • Completed sale of 20% equity to MTC management team • Profit contribution up 42% on pcp • Recent slow down in market demand • New factory due for completion 2H13 • Capacity to increase by 300% • Well positi
Slide 12: Joint Venture
Joint Venture For personal use only • Trailer Sales (previously Freighter Maxi-CUBE Qld) - 36.67% share: − FY12 contribution up 70% on pcp − Strong contribution from all segments (new equipment, parts and workshop) − Continued growth in North Qld operations. 12
Slide 13: Outlook FY12
Outlook FY12 For personal use only • Strong order bank – 70% up on FY11 • Continuing strength in agriculture and mining and resources sectors • Full year contribution from QDS and AZMEB acquisitions in FY13 • Expanded product range and larger facilities in New Zealand • Short term softness in Chines
Slide 14: For personal use only
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