Service Stream Limited · ASX:SSM
Service Stream — Morgans Online, Technology and Services Sector Conference 2016
18 slides from Service Stream's conference presentation, Nov 2, 2016
Slide 1: Presentation on Service Stream
ASX & MEDIA RELEASE 2 November 2016 Presentation on Service Stream Attached is a copy of the presentation made at the Morgan’s Melbourne Online, Technology and Services Conference today. For further details contact: Service Stream Limited Service Stream Limited Leigh Mackender, Managing Director Bob
Slide 2: Presentation to Morgans Online, Technology and Services Sector Conference
Service Stream Limited Presentation to Morgans Online, Technology and Services Sector Conference Leigh Mackender Managing Director 2 November 2016
Slide 3: Agenda
Agenda 1 Company Overview 2 FY16 Group Performance Highlights 3 Group Strategy & Outlook 4 Questions 2
Slide 4: Company Overview
Business Units Update Company Overview
Slide 5: Company Profile
Company Profile Service Stream Limited (ASX: SSM) is a S&P/ASX 300 company providing design, construction, installation and maintenance services across essential infrastructure networks within the Telecommunication and Utility sectors People Revenue NPAT Earnings per Dividends per Market share share
Slide 6: Reporting Segments
Reporting Segments Through our three operating divisions; Fixed Communications, Energy & Water and Mobile Communications, we work with clients across the telecommunication and utility sectors to provide specialist services associated with the design, construction, installation and ongoing maintenanc
Slide 7: Fixed Communications
Fixed Communications Cable network specialists Service Stream’s Fixed Communications division provides; design, construction, upgrade and maintenance services across Revenue ($m) $125 Australia’s fibre-optic, broadband, HFC and copper 96.4 95.0 97.7 communication networks. $100 84.3 $75 55.7 $50 42.
Slide 8: Mobile Communications
Mobile Communications Wireless network specialists Service Stream’s Mobile Communications team specialise in site acquisition, installation, construction, upgrade and maintenance of Revenue ($m) $125 wireless telecommunication infrastructure. 99.2 $100 85.0 81.5 81.7 67.7 72.5 $75 Our services inclu
Slide 9: Energy & Water
Energy & Water Utility network specialists Service Stream’s Energy & Water team specialise in providing Revenue ($m) design, installation, maintenance and customer management $100 services to Australia’s electricity, gas and water network owners and 73.5 $75 retailer service providers. 50.7 $50 40.9
Slide 10: FY16 Group Performance
FY16 Group Performance
Slide 11: FY16 Group Highlights
FY16 Group Highlights EBITDA of $35.8 m (up 41% on FY15) Group NPAT of $20.0m Financial Strong balance sheet, increased cash on hand to $41.1m, maintained zero debt 5.0 cps capital return completed in June Increased interim and full-year dividends to total 2.50 cps per share (fully-franked
Slide 12: Financial Performance
Financial Performance Key financial measures $ million FY16 FY15 Change Revenue 438.9 411.3 27.7 7% EBITDA 35.8 25.4 10.4 41% EBITDA % 8.2% 6.2% 2.0% n/a Net profit after tax 20.0 11.7 8.3 71% Earnings per share (cents) 5.20 3.03 2.16 71% Operating cashflow 62.3 32.3 30.0 93% Net cash 41.1 14.8 26.3
Slide 13: Key Financial Measures
Key Financial Measures Group Revenue ($m) $250 Group EBITDA ($m) Group EBITDA % 215.0 213.8 217.1 221.9 $25 10.0% 9.1% 197.4 $200 174.6 20.1 $20 8.0% 7.2% 6.9% 15.7 $150 14.7 $15 6.0% 5.2% 5.4% 10.7 $100 9.0 $10 7.5 3.5% 4.0% $50 $5 2.0% $0 1H14 2H14 1H15 2H15 1H16 2H16 $0 0.0% 1H14 2H14 1H15 2H15 1
Slide 14: Operational Performance
Operational Performance Continued to deliver improved HSE performance across all major performance metrics Total Reportable Incidents 30 26.51 25 Mobilisation of recently secured contracts: 20 17.34 15 – nbn MIMA construction contract performing against targets, secured FTTN volume increases for
Slide 15: Group Strategy & Outlook
Business Units Update Group Strategy & Outlook
Slide 16: Group Strategy
Group Strategy Continue to deliver against our strategic plan during FY17 by focusing on the fundamentals of our business • Continued focus on service delivery and execution • Ongoing management of Group’s works‐to‐ SERVICE DELIVERY cash cycles • Maintain strong balance sheet and reduced working cap
Slide 17: Outlook
Outlook The Group is focussed on delivering earnings growth in FY17, subject to anticipated customer demand and ongoing success in mobilising recently-secured contracts Q1 FY17 is ‘on track’ FY17 Group priorities: – Continue to mobilise resources to support our Operations & Maintenance contrac
Slide 18: Questions
Questions
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