Verbrec Ltd · ASX:VBC
Verbrec — Investor Presentation (February 2020)
9 slides from Verbrec's investor presentation, Feb 27, 2020
Slide 1: H1 FY20 Results Presentation
HEADING ONE Body H1 FY20 RESULTS PRESENTATION FEBRUARY 2020 1 LOGICAMMS H1 FY20 INVESTOR PRESENTATION
Slide 2: Company Profile
COMPANY PROFILE LogiCamms is a leading mid-tier engineering, project delivery and operations services business working across Australia, New Zealand, PNG and the Pacific. LogiCamms’ Mission: Outstanding Service LCM share price (closing price 12 months to 31 Jan 2020) Delivery through innovative Engi
Slide 3: H1 FY20 Financial Performance
H1 FY20 FINANCIAL PERFORMANCE Improved financial performance post-merger H1 FY20 (Reported) H1 FY20 (AASB16) H1 FY20 (Restated) H1 FY19 (Reported) Change to PCP Revenue 64.5 – 64.5 59.4 5.1 Arrow-up Gross Margin 20.0 – 20.0 19.5 0.5 Arrow-up Gross Margin % 31% – 31% 33% (2%) Arrow-Down Sales & Marke
Slide 4: Operating Highlights
OPERATING HIGHLIGHTS Merger benefits delivering improved financial performance YNERGY S APACITY C APABILITY C BENEFITS BENEFITS BENEFITS More than $3m in Strengthened balance Successful expansion of annualised savings realised sheet Asset Management Service Line into WA and NZ E BITDA margin
Slide 5: Merger Implementation Scorecard
MERGER IMPLEMENTATION SCORECARD PHASE 1: PHASE 2: PHASE 3: ENHANCE EFFICIENCY, PROFITABILITY LEVERAGE SKILL SET TO CAPITALISE ON MOMENTUM AND AND DEVELOP COMMON CULTURE SECURE ORGANIC GROWTH STRONGER BALANCE SHEET TO PURSUE GROWTH OPPORTUNITIES COMPLETED COMPLETED WELL ADVANCED More than $3m annuali
Slide 6: Board and Management
BOARD AND MANAGEMENT Board Position Phillip Campbell Chair (from end February 2020) Charles Rottier Chair (to end February 2020) Matthew Morgan Independent non-executive director Brian O’Sullivan AM Executive director Linton Burns Executive director • Recruitment process underway for an additional n
Slide 7: Market Conditions and Outlook
MARKET CONDITIONS AND OUTLOOK • $54m Work in Hand as at 31 January 2020 • Market conditions solid in key markets and strengthening in some areas, e.g. WA • Last step in merger transition is upgrading/replacing key systems including a new ERP to increase efficiency • On track to achieve outcomes indi
Slide 8: Disclaimer
DISCLAIMER The purpose of this presentation is to provide general information about LogiCamms Limited (Company). It is not recommended that any person makes any investment decision in relation to the Company solely on the basis of this presentation. This presentation does not contain all information
Slide 9: Further Information
FURTHER INFORMATION INVESTOR RELATIONS Chris O’Neill Chief Executive Officer Tel. +61 7 3058 7000 REGISTERED OFFICE Level 14, 200 Mary Street Brisbane Queensland 4000 Tel. +61 7 3058 7000 WEB www.logicamms.com.au 9 LOGICAMMS H1 FY20 INVESTOR PRESENTATION