Slide 1: 2015 Full Year Results
For personal use only 2015 Full Year Results Teleconference 31 August 2015 11:30am AWST, 1:30pm AEST Dial-in 1800 123 296, Conference ID 9023 5990
Slide 2: Group Structure
Group Structure Industry leaders, # 1 or 2 in markets For personal use only Accommodation Recreational Vehicles Division Division Recreational vehicles, parts & accessories • Major manufacturing facilities in Qld, Vic, WA, NSW • Camec – caravan parts & accessories • Osprey village, South Hedland • F
Slide 3: Overall Themes for 2015
Overall Themes for 2015 For personal use only • Strong education demand in Victoria • Restructuring and an acquisition improved profitability at Flexiglass • Rio Tinto agreement resulted in increased occupancy at Searipple • Significant headway made in entering affordable housing market • Final outc
Slide 4: Accommodation Division
Accommodation Division Growth in education and affordable housing. Competition strong for remaining projects in mining For personal use only Affordable Housing • Osprey Project • Two year exclusive supply agreement with Gateway Lifestyle • Opportunities in WA Resources • Rio Tinto preferred supplier
Slide 5: Osprey
For personal use only Osprey 5
Slide 6: Gateway
For personal use only Gateway 6
Slide 7: Recreational Vehicles Division
Recreational Vehicles Division For personal use only Fleetwood RV (Coromal and Windsor caravan brands) • Improving design and manufacturing process • Aligning fixed costs with volume • Senior management change Camec • Competitive pressure • Continued to develop new Asian sourced products Flexiglass
Slide 8: Silver Series Element
Silver Series Element For personal use only 8
Slide 9: Financial Performance
Financial Performance Increased group EBIT despite tough market conditions Group Revenue ($m) NPAT ($m) For personal use only 227.6 27.5 188.4 176.2 27.1 185.3 144.9 212.1 194.3 190.3 27.7 7.8 148.6 157.0 24.3 8.9 1.4 4.2 3.9 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 MA Revenue ($m) MA EBIT
Slide 10: Financial Performance
Financial Performance $42m in operating cash flows, debt repaid For personal use only Operating Cash Flows ($m) Net (Debt) Cash ($m) 29.7 13.0 16.5 (11.7) (32.0) (45.6) (56.0) (63.3) (55.9) 36.5 19.5 47.6 12.4 19.2 18.5 22.7 15.3 1H12 2H12 1H13 2H13 1H14 2H14 1H15 2H15 6.2 2011 2012 2013 2014 2015 D
Slide 11: Outlook
Outlook Recreational Vehicles Manufactured For personal use only Accommodation Affordable housing Component parts and accessories • Gateway volume in line with expectation • Competitive environment remains challenging • Opportunities in WA and NSW • Asian supply increasing – level playing field • Sy
Slide 12: Questions
For personal use only Questions 12