CSE Global Limited · SGX:544
CSE Global — Shareholder Meeting (April 2022)
14 slides from CSE Global's shareholder meeting presentation, Apr 20, 2022
Slide 1: Annual General Meeting Group CEO Presentation
Annual General Meeting Group CEO Presentation 20 April 2022
Slide 2: Disclaimer
Disclaimer The information contained in this presentation has not been independently verified. The Company assumes no responsibility or liability whatsoever (in negligence or otherwise) for, the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein
Slide 3: About CSE Global
About CSE Global We are a solutions provider that serves customers across a OUR GLOBAL FOOTPRINT global network. 16 CSE Crosscom UK countries We use our engineering experience and diverse skill sets to design Europe CSE Global and build customized, integrated systems for our customers that 45 Asia P
Slide 4: Business Updates
Business Updates 1 General Sentiments 2 Segmental Performance 3 Key Strategies • Covid-19 continues to cause disruptions Building on FY2017/2018 initiatives, to business with a focus on US Energy and ANZ&SG Infra • Borders are mostly closed, with • Small greenfield/ some states in lockdown brownfiel
Slide 5: Business Updates (cont'd)
Business Updates (cont’d) 4 Energy Prices 5 COVID-19 Updates 6 Acquisition Strategy • Recovered above US$90 per barrel • Most operations are deemed essential services • Acquisition remains a key growth strategy • Few large opportunities as energy companies • Hybrid workforce to support customers eff
Slide 6: Group Performance in FY2021
Group Performance in FY2021 Revenue Order Intake S$468.7m ▼ 6.8% S$462.1m ▲ 7.1% EBITDA Cashflow from Operations S$42.8m ▼ 26.8% S$36.3m ▼ 25.1% Net profit Return on equity S$15.0m ▼ 46.4% 7.8% ▼ 6.8pp 6
Slide 7: Summary of Financials
Summary of Financials S$ million FY2021 FY2020 Change Revenue 468.7 502.8 -6.8% Gross profit 135.9 146.2 -7.1% Operating expenses 115.7 109.4 5.8% EBITDA 42.8 58.4 -26.8% Net profit attributable to equity owners of company 15.0 28.0 -46.4% Gross profit margin (%) 29.0% 29.1% -0.1pp EBITDA margin (%)
Slide 8: FY2021 Revenue Breakdown By Industry Segments
FY2021 Revenue Breakdown By Industry Segments 10% S$ million FY2021 FY2020 YoY% 30% Energy - Onshore 143.0 163.7 -12.6% Energy - Offshore 134.3 177.5 -24.3% 31% Infrastructure 143.6 106.9 34.2% Mining & Minerals 47.8 54.7 -12.6% Total 468.7 502.8 -6.8% 29% Australia communications revenue: • FY2021
Slide 9: FY2021: Revenue Breakdown By Geographical Segments
FY2021: Revenue Breakdown By Geographical Segments S$ million FY2021 FY2020 YoY % Americas 272.2 328.7 -17.2% Asia Pacific 184.3 168.8 9.1% EMEA 12.2 5.2 132.5% Total 468.7 502.8 -6.8% FY2021 FY2020 3% 1% 34% Americas Americas 39% S$468.7m Asia Pacific S$502.8m Asia Pacific 58% EMEA EMEA 65% 9
Slide 10: FY2021 Revenue Breakdown By Projects
FY2021 Revenue Breakdown By Projects 10% S$ million FY2021 FY2020 YoY% 6% Flow Business* 420.9 407.9 3.2% Large Greenfield 47.8 94.9 -49.6% Projects Total 468.7 502.8 -6.8% Flow Business % 90% 81% 90% *Includes Brownfield and Small Greenfield Projects which tend to be recurring in nature Flow Busine
Slide 11: FY2021 Order Intake/Book By Geographical Segments
FY2021 Order Intake/Book By Geographical Segments Order Intake from Order Book from Continuing Operations Continuing Operations $462.1m $431.5m $229.4m $236.0m 131.2 98.4 5.0 7.6 91.0 120.3 128.4 123.3 114.9 104.4 98.5 102.5 106.2 127.2 FY2021 FY2020 FY2021 FY2020 1Q 2Q 3Q 4Q Americas Asia Pacific E
Slide 12: FY2022 Outlook
FY2022 Outlook • The current COVID-19 pandemic and global economic outlook which is impacted by supply chain disruptions and travel restrictions continue to present uncertainties in the markets we operate. • Our customers in the Energy sector remain focused on their capital spending discipline that
Slide 13: Dividends
Dividends Singapore cents per share FY2021 FY2020 FY2019 Interim Dividends 1.25 1.25 1.25 Final Dividends 1.50* 1.50 1.50 Payment Date 18 May 2022 Book Closure 6 May 2022 AGM 20 April 2022 * Proposes final dividend of 1.5 cents per share to be approved by shareholders at AGM on 20 April 2022. 13
Slide 14: Q&A
Q&A