Slide 1: EVZ Results Year Ending 30 June 2012
For personal use only EVZ Results Year Ending 30 June 2012
Slide 2: Summary
Summary For personal use only The financial year ended 30 June 2012 was a watershed year for the EVZ Group, which has seen the Group restructure and re-position itself for expected future growth and improved shareholder value. The 30 June 2012 result was a loss after tax of $14.1m compared to a half
Slide 3: Analysis of Result
Analysis of Result Analysis of Result for the year ended 30 June 2012 For personal use only Six month to 31 Six month December to 30 June Year to 30 June 2012 2011 2012 EVZ Discontinuing Goodwill Continuing Continuing Continuing Consolidated Operations Impairment Operations Operations Operations $’0
Slide 4: Performance of Ongoing Operations
Performance of Ongoing Operations For personal use only Revenue and EBITDA attributed to ongoing operations for the financial year ended 30 June 2012: Page 3 DRAFT - for discussion purposes only
Slide 5: Performance of Ongoing Operations
Performance of Ongoing Operations For personal use only The Brockman Group financial result was impacted by ongoing delays in the awarding of project work, this increased the competition for available work and reduced margins. In addition, one off costs associated with the merging of the Brockman an
Slide 6: Impairment of TSF Goodwill
Impairment of TSF Goodwill For personal use only As previously announced, whilst the energy sector will provide significant avenues for growth of the TSF business, the variability of the available contract work during the year under-pinned the Directors’ prudent decision to impair the carrying value
Slide 7: Bank Facilities update and Dividend Policy
Bank Facilities update and Dividend Policy For personal use only As advised in the half-year announcement, the Group was able to restructure its existing loan facilities with the Commonwealth Bank of Australia. The restructuring involved extensions to the maturity of existing facilities and an incre
Slide 8: Platform for Growth
Platform for Growth For personal use only EVZ has built the platform for future growth and improved shareholder value in the 2012 financial year. In particular: Following the resignation of Mr. Andrew Powis as CEO, Ms. Raelene Murphy has acted as Interim CEO. Ms. Murphy’s engagement was to introduce
Slide 9: Conclusion
Conclusion For personal use only The 2012 financial year has been a watershed year for the EVZ Group. It now stands better placed to return to profitability and re-establish shareholder value. Page 8 DRAFT - for discussion purposes only
Slide 10: Disclaimer
Disclaimer For personal use only This presentation has been prepared by EVZ Limited for professional investors. The information contained in this presentation is for information purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The