Excelsior Capital Ltd · ASX:ECL
Excelsior Capital — Shareholder Meeting (November 2018)
11 slides from Excelsior Capital's shareholder meeting presentation, Nov 8, 2018
Slide 1: Full Year Results Presentation
Full Year Results Presentation 8 November 2018 SYDNEY
Slide 2: Disclaimer
Disclaimer This document, and any constituent or associated presentation, information or material (collectively, the Material), is not (and does not form part of) an offer, solicitation, invitation or recommendation in respect of any securities and neither the Material nor any part of it will form t
Slide 3: Regaining our Stride
Regaining our Stride • Concerted effort to increase level of quoting • Strong export growth in Minto products • Prudent management of Working Capital • Appointment of CEO for Excelsior Asset Management • Capital Management – off-market share buyback • Maintaining Dividend of $1.8 million in FY:2018
Slide 4: FY18 Earnings Summary
FY18 Earnings Summary $m FY18 FY17 Change • Revenue increased by 11% to Revenue $49,14 $44.27 11% $49.14m (FY2017: $44.27m). • Maintaining gross margins of EBITDA $6.17 $4.92 25% approx. 34% by a reduction of Depreciation & $(0.43) $(0.63) (32%) overheads and prudent working Amortisation capital str
Slide 5: Electrical Component Business
Electrical Component Business • Net Revenue increased by 11% to $48.5 million (FY2017:$43.5 m). • Revenue increased in both market segments reflecting increase in sales volumes due to: - Recovery of direct investment in the Australian coal market - Strong export growth of the Minto products - Concer
Slide 6: Overview of Mining Market (Australia)
Overview of Mining Market (Australia) • Australian mining industry poised for stronger growth in 2018 and beyond – (without Adani Coal) • Positive outlook for exploration, investment, production and maintenance across most commodities • Mining maintenance activity to rise 50 – 60% over next five yea
Slide 7: Overview of Construction/Industrial Market (Australia)
Overview of Construction/Industrial Market (Australia) • Market growth in 2018/19 around 7% • Rail and Road Infrastructure 10.6% • Commercial Construction growth • 6.8% Public Sector • 12% Private Sector • Hot Spots – Melbourne, Sydney and improving WA. Page 7
Slide 8: Investment Portfolio at June 2018
Investment Portfolio at 30 June 2018 • Total Assets of $20.75 million (FY2017:20.18 million) • Number of stocks 26 (FY:2017: 17) • Percentage of current investments to Long- term investments - 71:29. • Appointment of Paul Bolinowsky as CEO to driver future growth as a stand alone fund. Page 8
Slide 9: Share Price & Capital Management
Share Price & Capital Management • Share price increased from 103 cents from 1 July 2017 to $1.46 (8 Nov2018) • Dividend of 6 cents paid in FY:2018 • Current Share Buy-back of 3,136,737 ordinary shares at a buy-back price of $1.44 per share, being the WAPP for the 5 days prior to the announcement da
Slide 10: Outlook
Outlook • Strong pipeline of public sector spending on transport infrastructure projects. • Increased competition within all product categories • Development of new mining products • Consolidation of factory and warehouse facilities. Page 10
Slide 11: Questions
Questions Page 11
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