Slide 1: Results for year ended 30 June 2016
For personal use only ASX ANNOUNCEMENT 10 August 2016 Results for year ended 30 June 2016 Enero Group Limited (ASX: EGG) today announced its results for the year ended 30 June 2016. Summary: Net Revenue up 3% and Operating EBITDA up 44% on prior period. Improved Operating EBITDA margin to 11.6%.
Slide 2: Enero Group Limited FY16 Full Year Results
For personal use only Enero Group Limited FY16 Full Year Results 10 August 2016 Enero Group Limited
Slide 3: Disclaimer
Disclaimer For personal use only This document has been prepared by Enero Group Limited (Enero) and comprises written materials/slides for a presentation concerning Enero. This is not a prospectus, disclosure document or offering document. This document is for information purposes only and does not
Slide 4: Financial summary
Group Financial Performance For personal use only Financial summary • Operating EBITDA up 44% on the prior reporting period. • Net revenue up 3% on the prior reporting period. • Operating EBITDA margin improvement from 8.3% to 11.6% generated from a more stable revenue base and appropriate cost cont
Slide 5: Revenue and Operating EBITDA
Group Financial Performance For personal use only Revenue and Operating EBITDA YEAR ENDED 30 JUNE ($M) 2016 2015 CHANGE NET REVENUE Operating Companies 113.5 110.3 2.9% Net Revenue 113.5 110.3 2.9% OPERATING EBITDA Operating Companies 19.9 16.3 22.1% Support office (5.9) (6.0) 1.7% Share based payme
Slide 6: Results ratio analysis
Group Financial Performance For personal use only Results ratio analysis YEAR ENDED 30 JUNE ($M) 2016 2015 Net Revenue 113.5 110.3 • Staff costs ratio trending down to 69.7% and heading towards the benchmark targets. Staff costs 79.1 79.4 A $0.3m reduction in overall staff costs Staff costs % 69.7%
Slide 7: Revenue By Industry
Group Financial Performance For personal use only Revenue By Industry Property & Health Care Telecommunications 3% Construction 1% Energy, Oil & Mining • Strong mix of clients across market industry 3% 1% and sector groups demonstrates Banking, Finance & Media Insurance 16% diversification of revenu
Slide 8: Operating Performance: Geographical Contribution
Operating Performance For personal use only Geographical Contribution from operating companies Net Revenue Net Revenue FY2016 FY2015 • Geographical contribution to revenue now more heavily weighted to UK 14% 11% Australasia and Europe. USA, while improving in 41% UK and Europe 2HFY16, continues to b
Slide 9: Operating Performance: Geographical Results
Operating Performance For personal use only Geographical Results from operating companies CONSTANT • Currency impact: weaker YEAR ENDED 30 JUNE ($M) 2016 2015 CHANGE CURRENCY CHANGE Australian dollar lifted reported net revenue by $5.6m and NET REVENUE Operating EBITDA $0.7m. Australasia 46.0 53.4 (
Slide 10: Operating Performance: Australasia
Operating Performance For personal use only Australasia CONSTANT YEAR ENDED 30 JUNE ($M) 2016 2015 CHANGE CURRENCY CHANGE Net Revenue 46.0 53.4 (13.9%) - Operating EBITDA 6.6 6.5 1.5% - Operating EBITDA margin 14.3% 12.2% 2.1bp - Key highlights: • Revenue decline year on year however improved EBITDA
Slide 11: Operating Performance: UK and Europe
Operating Performance For personal use only UK and Europe CONSTANT YEAR ENDED 30 JUNE ($M) 2016 2015 CHANGE CURRENCY CHANGE Net Revenue 51.2 44.4 15.3% 6.7% Operating EBITDA 11.4 8.7 31.0% 21.4% Operating EBITDA margin 22.3% 19.6% 2.7bp - Key highlights: • Improvement in revenue (7% growth year on y
Slide 12: Operating Performance: USA
Operating Performance For personal use only USA CONSTANT YEAR ENDED 30 JUNE ($M) 2016 2015 CHANGE CURRENCY CHANGE Net Revenue 16.3 12.5 30.4% 12.3% Operating EBITDA 1.9 1.1 72.7% 54.8% Operating EBITDA margin 11.7% 8.8% 2.9bp - Key highlights: • Revenue improvement in all businesses (12% up year on
Slide 13: Profit & Loss Summary
Group Financial Performance For personal use only Profit & Loss Summary YEAR ENDED 30 JUNE ($M) 2016 2015 Net Revenue 113.5 110.3 Other revenue 0.2 0.2 Staff Costs (79.1) (79.4) Operating Expenses (21.4) (21.9) Operating EBITDA¹ 13.2 9.2 Operating EBITDA Margin 11.6% 8.3% Depreciation & Amortisation
Slide 14: Balance Sheet
Group Financial Performance For personal use only Balance Sheet ($M) 30 Jun 2016 30 Jun 2015 Cash 37.6 25.8 • Contingent deferred consideration liability (Tranche 3A&3B liabilities) of $17.4m not Net Working Capital (3.4) 0.5 recognised at 30 June 2016. Target EBITDA Other Assets 2.2 2.5 hurdles to
Slide 15: Cash Flow & Working Capital Management
Group Financial Performance For personal use only Cash Flow & Working Capital Management YEAR ENDED 30 JUNE ($M) 2016 2015 • Cash conversion was significantly in excess of Operating EBITDA 13.2 9.2 Operating EBITDA in FY16. Movement in Working Capital 4.2 - • Working capital balance reduction in the