Slide 1: 2007/2008 Presentation
Envirozel Limited 2007/2008 Presentation Presentation by: Andrew Powis, CEO Ian Wallace, CFO Envirozel Limited | August 2008
Slide 2: 2007/08 Highlights
2007/08 Highlights • Set the Foundations for the next stage of growth : - Board / Management Structure - Consolidation / Synergies - Strategic Plan • Revenue increased by 82% to $88.1 million • EBITDA increased by 44% to $9.5 million • EBIT increased by 40% to $8.7 million • Maiden Dividend of 1.25
Slide 3: 4 Year Growth History
4 Year Growth History Envirozel Limited | August 2008
Slide 4: 2007/08 Results - Comparison
2007/08 Results - Comparison Consolidated As at As at 30 June 2008 30 June 2007 $’000 $’000 Total Revenue 88,141 48,362 Earnings before interest expense, tax, depreciation and amortization (EBITDA) 9,509 6,613 Earnings before interest expense and tax (EBIT) 8,703 6,217 Interest net (788) (360) Non o
Slide 5: 2007/08 Balance Sheet - Comparison
2007/08 Balance Sheet - Comparison June 2008 June 2007 $’000 $’000 Total Current Assets 24,025 23,859 Total Non-Current Assets 39,579 22,754 TOTAL ASSETS 63,604 46,613 Total Current Liabilities 13,700 18,337 Total Non-Current Liabilities 12,791 6,133 TOTAL LIABILITIES 26,491 24,470 NET ASSETS 37,113
Slide 6: Cash Flows
Cash Flows As at As at 30 June 2008 30 June 2007 $’000 $’000 Net Cash provided by/(used in) Operating Activities 639 7,161 Maiden tax payment Cash outflow to complete acquired contracts - TSF Reduction in trade payables – Danum Forecast improved cash flow for operating activities in 2009 Net
Slide 7: Source of Revenue – 2007/08
Source of Revenue – 2007/08 As a proportion of total revenue for 2007/08 = $88.1 million Envirozel Limited | August 2008
Slide 8: Shareholder Value
Shareholder Value • Forward orders in excess of A$60M+ (includes term maintenance contracts) • Dividends 1.25 cents maiden dividend paid in financial year Future dividends declared in line with profit announcement • Capital Management Net debt is comfortable at $9.6M. Net Debt to Equity rati
Slide 9: Location of Operations
Location of Operations Envirozel Limited | August 2008
Slide 10: Highlights / Major Projects
Highlights / Major Projects SYFON SYSTEMS • Opened Brisbane Office – recently awarded Gold Coast Airport Project • Opened Singapore Office – received undertaking for Marina Bay Sands (MICE) Project • Continued strong organic growth in Australia & Asia BROCKMAN ENGINEERING • L.O.I. received on Shell
Slide 11: Highlights / Major Projects
Highlights / Major Projects DANUM ENGINEERING • Significant progress in replacement of Shell (Corio) Contract Midway Woodchip Plant – Portland Mobil / Transfield – Altona Shell – Newport • Customer base diversification – Business Strength NATIONAL ENGINEERING • Ability to manufacture Cellular
Slide 12: Highlights / Major Projects
Highlights / Major Projects TSF ENGINEERING • Successful Integration completed • Geographical diversification • Co / Tri Generation opportunities • Telstra • TSF Maintenance – recurring income CELLULAR BEAMS • Exclusive Australian License • Competitive advantage in continually rising steel price mar
Slide 13: Board of Directors
Board of Directors Chairman – Max Findlay Deputy Chairman – Gordon McKern Appointed 14 May 2008 Appointed 15 December 2003 Appointed Chairman 1 July 2008 Appointed Deputy Chairman 1 July 2008 Non-Executive Director – Peter Jones Non-Executive Director – Keith Fagg Non-Executive Director – Graham Bur
Slide 14: Management Structure – Envirozel Limited
Management Structure – Envirozel Limited Envirozel Limited | August 2008
Slide 15: Strategic Outlook
Strategic Outlook • Consolidation and continuous review of existing business Culture Comprehensive Safety Management Reporting Capability Matrix • Comprehensive Strategic Plan adopted Organic growth Geographic expansion Market diversification Market consolidation • Business Developme