Sgh Limited · ASX:SGH
Sgh — Seven Group Holdings — Shareholder Meeting (November 2018)
23 slides from Sgh's shareholder meeting presentation, Nov 21, 2018
Slide 1: Annual General Meeting Addresses covering letter
21 November 2018 For personal use only Company Announcements Office Australian Securities Exchange Limited Level 6, 20 Bridge Street Sydney NSW 2000 By electronic lodgment Total Pages: 23 (including covering letter) Dear Sir / Madam Annual General Meeting Addresses Attached is a copy of the Chairman
Slide 2: Chairman's Address - Kerry Stokes
Seven Group Holdings Annual General Meeting - 21 November 2018 For personal use only Mr Kerry Stokes AC, Executive Chairman Our Group’s operating strength coupled with disciplined capital management has continued to deliver shareholder value. Over the last five years, the Group’s industrial services
Slide 3: Chairman's Address (continued)
Coates Hire has similarly leveraged the new infrastructure investment cycle, particularly in the eastern states of Australia, to create long-term value for the Group. Our investment into Energy has seen the Group create substantial value for shareholders. We are confident that our position in Beach
Slide 4: Managing Director & CEO Address - Ryan Stokes
Seven Group Holdings Annual General Meeting - 21 November 2018 For personal use only Mr Ryan Stokes, Managing Director & CEO Slide 1 – Opening Slide At this time last year, I spoke about the steps taken to reposition the Group’s businesses and investments for the opportunities in the market. Today,
Slide 5: CEO Address: people, climate change and timeline
More broadly, we are building on our people and culture initiatives. Our aim is to bring the best out of our people, by leveraging diversity and creating an open, engaged and inclusive workforce. We recognise that climate change is a factor we need to consider. This year we have provided a detailed
Slide 6: CEO Address: Key Markets
In media, we are the largest shareholder in Seven West Media, the dominant free-to-air television broadcaster and content producer. Seven West Media has a strong media platform effectively capable of leading in a diverse media landscape. For personal use only Slide 7 – Key Markets We have positioned
Slide 7: CEO Address: segment results
Coates Hire achieved 21 per cent growth in EBIT, driven by the growing infrastructure investment pipeline and improvements in operational efficiency delivered through various ongoing management initiatives. The EBIT result was generated on revenue growth of 7 per cent, demonstrating the degree of op
Slide 8: CEO Address: Capital Management
Slide 12 – Capital Management: Overview In September last year, we raised $385 million through an institutional placement. This enabled us to increase the free float and introduce new institutional shareholders onto the register. For personal use only In February, we issued a $350 million convertibl
Slide 9: CEO Address: Outlook
Coates Hire is continuing to benefit from the level of infrastructure activity and is well positioned to win market share. Efficiency remains an ongoing focus through better utilisation of existing fleet, combined with investment in new fleet to capture selected growth opportunities. Beach’s results
Slide 10: Focus on execution
Annual General Meeting 21 November 2018 For personal use only Focus on execution Annual General Meeting 21 November 2018
Slide 11: Disclaimer
Annual General Meeting 21 November 2018 Disclaimer For personal use only Basis of Preparation of Slides Included in this presentation is data prepared by the management of Seven Group Holdings Limited (“SGH”) and other associated entities and investments. This data is included for information purp
Slide 12: Group Overview
Annual General Meeting 21 November 2018 For personal use only Group Overview Ryan Stokes Chief Executive Officer & Managing Director 3
Slide 13: Group People and HSEQ Management
Annual General Meeting 21 November 2018 Group People and HSEQ Management For personal use only Committed to health, safety and welfare of staff LTIFR TRIFR Workplace health and safety is the collective responsibility of all FY19 LTM FY18 FY19 LTM FY18 the Group’s ~5,400 direct employees WesTrac WA
Slide 14: Group Timeline
Annual General Meeting 21 November 2018 Group Timeline For personal use only Sale of WesTrac China $385m equity raising $350m convertible notes TELYS4 conversion $535m proceeds (net of cash) Increased free float Lower cash interest cost EPS and CFPS accretive Attractive point in the cycle
Slide 15: Group Businesses
Annual General Meeting 21 November 2018 Group Businesses For personal use only Industrial Services: Equipment solutions Industrial Services Energy leveraged to growth in mining production and infrastructure investment Energy: Diversified energy assets leveraged Australia’s leading mid-cap oil and to
Slide 16: Group Key Markets
Annual General Meeting 21 November 2018 Group Key Markets For personal use only Australian commodity export volumes per year Future value of major road and rail infrastructure projects Source: Bloomberg Source: Deloitte Access Economics Reserves / resources to meet domestic east coast gas demand Eme
Slide 17: FY18 Review
Annual General Meeting 21 November 2018 For personal use only FY18 Review 8
Slide 18: Year in Review Highlights
Annual General Meeting 21 November 2018 Year in Review Highlights For personal use only Momentum continues in key sectors Significant year of growth and transformation for the Group Strong operational and financial results delivered by WesTrac, Coates Hire, Beach Energy and Seven West Media Gr
Slide 19: Year in Review Key Results
Annual General Meeting 21 November 2018 Year in Review Key Results For personal use only Underlying results ($m) – continuing operations FY18 FY17 % Change Trading revenue 3,207.9 2,283.3 41% EBITDA1 642.7 327.7 96% EBIT1 496.9 297.2 67% Underlying NPAT1 321.9 187.1 72% Underlying earnings per share
Slide 20: Capital Management
Annual General Meeting 21 November 2018 For personal use only Capital Management 11
Slide 21: Capital Management Overview
Annual General Meeting 21 November 2018 Capital Management Overview For personal use only Capital structure strengthened and diversified $385m institutional placement completed in September 2017 – Increased free float from 26% to 34% leading to improved quality and diversity of the institutional s
Slide 22: Capital Management TELYS4 Conversion
Annual General Meeting 21 November 2018 Capital Management TELYS4 Conversion For personal use only Well supported by market TELYS4 volume from announcement date to conversion date totalled 78% of the register VWAP of $95.05 (high of $103.50) for on-market trades representing a 17% premium to the
Slide 23: Business Outlook
Annual General Meeting 21 November 2018 Outlook For personal use only Business Outlook WesTrac continuing Parts volume level to remain strong while service sales will benefit from an expected increase in to benefit from maintenance activities, new machine assembly, and a rise in service rates due
Seven Group Holdings — Shareholder Meeting (November 2018) on 6ix