Srg Global Limited · ASX:SRG
Srg Global — Shareholder Meeting (November 2017)
16 slides from Srg Global's shareholder meeting presentation, Nov 23, 2017
Slide 1: Group MD's Presentation
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Slide 2: About GCS
ABOUT GCS GCS is a leading supplier of integrated on-site products and services to all industries. provide for any stage of a project’s lifecycle. | We work in partnership with our clients to appropriate resources to deliver the best outcome. By delivering customised | solutions, we ensure cost-effe
Slide 3: GCS is uniquely positioned in the Australian market
GCS is uniquely positioned in the Australian market place to provide a comprehensive range of products and services throughout the lifecycle of a project.
Slide 4: Revenue by Geography and Category
REVENUE BY GEOGRAPHY FY 17 West Coast 76% East Coast 24% FY 16 West Coast 100% REVENUE BY CATEGORY FY 17 Commercial Contracting 45% 4% Labour Services 31% Equipment Hire 20% FY 16 Commercial Contracting 36% 7% Labour Services 32% Equipment Hire 25%
Slide 5: FY17 Group Highlights
FY17 Group Highlights Full Year Financial Results 2017 Revenue ($m) EBITDA ($m) EBIT ($m) Underlying NPAT ($m) mm 13 4 a 30) aa iy 13 104} rans 184.5 % 29:1! (27.9) [2810] Fak % T11460}) 175 % 5] az % Py : - ‘| ; TT ; FY14 FY15 FY16 FY17 FY14 FYI5 FYi6 FY17 FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 Ne
Slide 6: Capital Management
Capital Management * Returning cash to shareholders Share Price ($) ¢ Special dividend declared on the 24 WED November 2016 of 2.0 cents per share ($4.0m) fully franked and paid on the 3 January 2017 o7s 4 0.85 4 ¢ Interim dividend declared on the 24 oes 4 February 2017 of 1.0 cent per share ($2.0m)
Slide 7: Strong market presence and customised solutions
Our strong market presence and customised solutions makes us a leading supplier to the Commercial, Residential, Resource, Industrial, Oil & Gas sectors. MULTIPLEX Propuip [Et y-J/ NS cores WW” woodside ID CITIC PACIFIC MINING w
Slide 8: Commercial Sector
COMMERCIAL SECTOR General improvement in equipment utilisation being experienced Current major contracts are progressing well across the Group Commenced $59m contract for supply and install of formwork and concrete for Ritz Carlton Hotel and The Towers, and also awarded $7m for installation of the e
Slide 9: Resource, Industrial, Oil & Gas Sector
RESOURCE, INDUSTRIAL, OIL & GAS SECTOR SC cS Segment Size (by Revenue Share) * Astrong performance with increased revenue and profitability reflecting increased maintenance services activity * Shift from construction investment to production operating FYI7 expenditure providing annuity revenue oppor
Slide 10: Residential Sector
RESIDENTIAL SECTOR Segment Size (by Revenue Share) e Residential building activity anticipated to remain at these levels for FY18 e Modest economic growth and ongoing low interest rates to support housing demand FY17 6.7% He Revenue FY17 Down 28.6% $14.0M sisén Adjusted EBITDA“. FY17 Down 62.0% Net
Slide 11: Matters Subsequent: Sale of GCS Hire
Matters Subsequent Sale of GCS Hire Settlement of the sale of GCS Hire Pty Ltd to Onsite Rental Group was completed 2 November 2017 Under the sale agreement, Onsite purchased 100 per cent of the plant and equipment hire division assets for a cash consideration of $29m, subject to final completion ad
Slide 12: Matters Subsequent: Project Awards
Matters Subsequent corns ¢ Project Awards ¢ GCS Summit Contracting, Melbourne Conservatorium of Music $13.5m contract value - Lendlease ¢ Gallery Facades, 300 George Street, Brisbane $25m contract value - Multiplex Constructions * Gallery Facades, Swanston Central, Melbourne, $40m contract value - M
Slide 13: Strategic Priorities
Strategic Priorities ¢ Continue to strengthen market position and build upon existing businesses ¢ Focus on East Coast businesses ¢ Secure profitable growth opportunities ¢ Continue geographical expansion ¢ Target new market opportunities ¢ Maintain a strong balance sheet * Through the cycles ¢ Supp
Slide 14: Outlook
Outlook Positioned to continue growing footprint across Australia replicating successful WA model Increased contribution from East coast Targeting double digit earnings growth in FY18 Strong balance sheet position provides flexibility with continued organic growth, capital management, and acquisitio
Slide 15: Disclaimer
The information in this presentation is not an offer, nor constitutes investment advice or any recommendation to subscribe or acquire securities in Global Construction Services Limited, nor retain or sell any securities currently held. The presentation has been prepared without taking into account a
Slide 16: GCS contact
6cs Ph: 139 GCS Www.gcs.group