Infratil Limited · NZX:IFT
Infratil — Investor Day (October 2022)
51 slides from Infratil's investor day presentation, Oct 19, 2022
Slide 1: Infratil 2022 Sydney Investor Day
19 October 2022 Infratil 2022 Sydney Investor Day For personal use only Infratil Limited ("Infratil") has released the presentation materials for its Investor Day held today in Sydney. Infratil’s objective is to keep its stakeholders well informed about how its businesses are performing and how thei
Slide 2: Infratil Investor Day Presentation
For personal use only Infratil Investor Day Presentation 19 October 2022
Slide 3: Important notice and disclaimer
COMMERCIAL-IN-CONFIDENCE Important notice and disclaimer For personal use only Material contained herein is intended to be general background information on CDC, its related bodies corporate (as defined in the Corporations Act 2001) and its activities as at the date of this document. Material has be
Slide 4: Agenda
COMMERCIAL-IN-CONFIDENCE Agenda For personal use only Overview 1 Performance 2 Outlook 3 Questions 4
Slide 5: CDC Overview
For personal use only CDC Overview
Slide 6: Overview
COMMERCIAL-IN-CONFIDENCE Overview For personal use only Established in 2007, CDC has grown to become a leading owner, developer and operator of large-scale, secure and sovereign data centres in Australia and New Zealand Availability – 100% uptime guaranteed, resilient and modern facilities Interconn
Slide 7: Operating Footprint
COMMERCIAL-IN-CONFIDENCE Operating Footprint For personal use only CDC boasts a broad footprint of data centres in Australia and New Zealand servicing a wide range of Sydney Eastern Creek Government, Hyperscale and EC1 EC2 EC3 Commercial clients EC4 EC5 EC6 Canberra The combination of high credit Fy
Slide 8: World Class Data Centre Portfolio
COMMERCIAL-IN-CONFIDENCE World Class Data Centre Portfolio For personal use only CDC data centres are renowned for their extremely high performance, technical and security standards at all locations Build Capacity Commission Facility Status (MW) Date Hume 1 & 2 Operating 12 2008 & 2011 Fyshwick 1 Op
Slide 9: ESG Leadership – Energy
COMMERCIAL-IN-CONFIDENCE ESG Leadership – Energy For personal use only CDC sources renewable energy for 78% of its data centres and is working to have 100% renewable energy CDC total electricity mix • More than 70% of the National Electricity Market in Australia is powered by fossil fuels (coal and
Slide 10: ESG Leadership – Water
COMMERCIAL-IN-CONFIDENCE ESG Leadership – Water For personal use only CDC is a leader in the responsible use of water for managing and cooling its data centres • Compared to CDC, other Australian data centre providers consume Annual water usage, 2020/21 ~300 megalitres per annum more water to operat
Slide 11: ESG Leadership – Social and Governance
COMMERCIAL-IN-CONFIDENCE ESG Leadership – Social and Governance For personal use only CDC is committed to leading governance practices and being a positive contributor in the communities where we operate, supporting 17 community and sporting clubs ISO 9001: 2015 Quality Management System ISO 14001:
Slide 12: CDC Performance
For personal use only CDC Performance
Slide 13: FY23 Achievements to Date
COMMERCIAL-IN-CONFIDENCE FY23 Achievements to Date For personal use only CDC has delivered on all its promises from February 2022 Customers People • Continuing to grow and diversify National Critical • Building the team further to meet organisational goals, Infrastructure and Commercial client base
Slide 14: MW of New Capacity Delivered in FY23
COMMERCIAL-IN-CONFIDENCE 104 MW of New Capacity Delivered in FY23 For personal use only CDC has commissioned four new data centres in FY23. These sites meet and improve upon the extremely high standards for which CDC is renowned, attracting strong Day 1 commitments from our customers Silverdale (Auc
Slide 15: Financial Performance
COMMERCIAL-IN-CONFIDENCE Financial Performance For personal use only CDC’s business model has very solid foundations, with six key strengths underpinning strong financial 6 months to 6 months to 6 months to 30 Sep 22 31 Mar 22 30 Sep 21 performance Data Centre capacity (built) 268 MW 164 MW 164 MW C
Slide 16: CDC Outlook
For personal use only CDC Outlook
Slide 17: Strategic Customer Trends Continue to Underpin Growth Plans
COMMERCIAL-IN-CONFIDENCE Strategic Customer Trends Continue to Underpin Growth Plans For personal use only CDC’s track record of project delivery puts it in the right place at the right time to satisfy accelerating market demand Customer digitalisation and data growth Driven by cloud adoption and di
Slide 18: Looking Ahead
COMMERCIAL-IN-CONFIDENCE Looking Ahead For personal use only The focus for the rest of FY23 is across the 4 key dimensions of Customers, Development, People and Financial Customers People • Onboard new contracted customers in Auckland, Canberra and Sydney • Foster high performance culture • Continue
Slide 19: Development Pipeline – Melbourne
COMMERCIAL-IN-CONFIDENCE Development Pipeline – Melbourne For personal use only Construction has commenced at CDC’s first Melbourne facility, with works progressing at pace. We expect to welcome our first customers in mid-2023 18
Slide 20: Financial Outlook
COMMERCIAL-IN-CONFIDENCE Financial Outlook For personal use only Profitable growth to continue as customers are onboarded into our newly commissioned facilities in New Zealand and Australia, and our customer-driven development pipeline is realised • CDC generated A$161.2m of EBITDAF earnings in FY22
Slide 21: Questions
For personal use only Questions
Slide 22: Vodafone
For personal use only Vodafone Infratil Investor Update 19 October 2022 1 C2 General
Slide 23: Our executive team
Our executive team For personal use only Jason Paris Jodie King Richard Mooney Lindsay Zwart Tony Baird Juliet Jones Chief Executive Chief People Chief Strategy Chief Enterprise Chief Technology Legal, Regulatory & Officer Officer Officer Officer Sustainability Director Ralph Brayham John Boniciolli
Slide 24: Our purpose and plan to deliver
Our purpose Unlocking the magic of technology to create an awesome Aotearoa For personal use only Ka mau te mauri o te hangarau, ka whakamana a Aotearoa Our plan to deliver Network Forward Remarkable Simplicity Customer Obsessed Our customers trust us Our customers value us Our customers love us bec
Slide 25: Strong progress with significant additional potential available
Strong progress with significant additional potential available Progress Potential Network Forward Network Forward For personal use only • TowerCo transaction soon to be completed • Accelerated 4G and 5G upgrade path • Wholesale MVNO platform built and in market • Fibre asset review underway • Awa
Slide 26: Strong and resilient market dynamics in key mobile segment
Strong and resilient market dynamics in key mobile segment For personal use only Mobile market service revenue ($m)1,2,3 Market trends1,2,3 • Mobile service revenue growth driven by: COVID +4% impact – Connection growth 2,232 2,252 2,173 o Consumer Postpaid: +7% CAGR (FY20-22) 695 o Business: +4% CA
Slide 27: Network Forward
For personal use only Network Forward C2 General
Slide 28: Infrastructure utilisation continues
Infrastructure utilisation continues WHERE WE’VE COME FROM WHERE WE ARE NOW WHERE WE’RE HEADING For personal use only • Challenger with a proud history of • New Zealand’s first 5G network and • Best in class mobile network with all technology leadership; awarded New Zealand’s best mobile sites 4.5G/
Slide 29: TowerCo transaction
TowerCo transaction Expected to complete 1 November 2022 • 1,485 Passive Towers transfer • Supportive owners – Infratil, InfraRed Capital Partners and For personal use only Northleaf Capital Master Services Agreement Passive mobile • Term 20+10+10 years infrastructure • Inflation linked price indexa
Slide 30: Remarkable Simplicity
For personal use only Remarkable Simplicity C2 General
Slide 31: Simplifying, stabilising and modernising our IT
Simplifying, stabilising and modernising our IT WHERE WE’VE COME FROM WHERE WE ARE NOW WHERE WE’RE HEADING For personal use only • Complex architecture, aged applications • Stabilisation and simplification of legacy • All existing legacy systems upgraded and BSS complexity driven by multiple systems
Slide 32: We're improving our operational performance
We’re improving our operational performance WHERE WE’VE COME FROM WHERE WE ARE NOW WHERE WE’RE HEADING For personal use only • Low transactional NPS (tNPS) • tNPS has improved 25% over the last year • #1 brand in telco by NPS • Average speed to answer (ASA), • ASA has halved, ~4k additional customer
Slide 33: Customer Obsessed
For personal use only Customer Obsessed C2 General
Slide 34: Lifting our culture, capability and performance
Lifting our culture, capability and performance WHERE WE’VE COME FROM WHERE WE ARE NOW WHERE WE’RE HEADING For personal use only • Low eNPS at 13 • Strong eNPS at 55 • Further eNPS improvement • Limited organisational health measures • Top end of second quartile • Top quartile organisational health
Slide 35: Committed to ESG and a better New Zealand for future generations
Committed to ESG and a better New Zealand for future generations WHERE WE’VE COME FROM WHERE WE ARE NOW WHERE WE’RE HEADING For personal use only • Legacy equipment, growing power • Power management of off-peak capacity, • Increased use of solar, power consumption recycling of infrastructure, passiv
Slide 36: Winning where it matters
For personal use only Winning where it matters C2 General
Slide 37: Changing the way customers think about our brand
Changing the way customers think about our brand Our new brand will For personal use only 1. Enable significant ongoing cost savings once the rebrand is completed and the brand has been established 2. Improve mobile trading performance by creating ongoing moments of reappraisal and improved consider
Slide 38: Linda announced – will drive brand reconsideration
Linda announced – will drive brand reconsideration For personal use only Showcase key Linda images here 17 C2 General
Slide 39: For personal use only
For personal use only 18 C2 General
Slide 40: For personal use only
For personal use only C2 General
Slide 41: Consumer Trading: Mobile Service Revenue Growth Accelerating
Consumer Trading: Mobile Service Revenue Growth Accelerating WHERE WE’VE COME FROM WHERE WE ARE NOW WHERE WE’RE HEADING For personal use only • Trailing the market in total mobile • Leading the market in postpaid mobile • Leading the market in total mobile customer growth customer connection growth1
Slide 42: Enterprise & SME Trading: #1 in Mobile and Fastest Growing in ICT
Enterprise & SME Trading: #1 in Mobile and Fastest Growing in ICT WHERE WE’VE COME FROM WHERE WE ARE NOW WHERE WE’RE HEADING For personal use only • A declining mobile based with high churn • Enterprise and SME #1 mobile market • Maintain #1 in Mobile market connection connection share1 and SME mobi
Slide 43: Wholesale trading: Our Aim Is to be the Wholesale Partner of Choice
Wholesale trading: Our Aim Is to be the Wholesale Partner of Choice WHERE WE’VE COME FROM WHERE WE ARE NOW WHERE WE’RE HEADING For personal use only • Traditional wholesaling • Infrastructure partnering • Infrastructure partnering leadership • Fledgling business at acquisition • Growing business wit
Slide 44: Financials
For personal use only Financials
Slide 45: On track for FY23 Guidance with strong mobile services revenue growth
On track for FY23 Guidance with strong mobile services revenue growth For personal use only 12 months 12 months FY22 31/03/2021 31/03/2022 pcp FY23 Outlook $m $m % Mobile Accelerating mobile services revenue growth. • FY23 guidance of 793.7 804.9 1.4% FY23 mobile services revenue aspiration mid-to-h
Slide 46: Clear path to deliver margin expansion aspirations
Vodafone has a clear path to deliver margin expansion aspirations in line with international benchmarks EBITDA drivers: Statutory EBITDA margin (post-SaaS) (%): Future EBITDA % growth drivers For personal use only Vodafone1 vs. international benchmarks2 1 Continued strong (low to mid single digit) m
Slide 47: Future Scorecard
For personal use only Future Scorecard 26 C2 General
Slide 48: Our key focus areas
Our key focus areas Objective Measure For personal use only Network Forward • Maximise value from infrastructure • Best in class mobile network Remarkable Simplicity • Dramatic simplification of products, plans and journeys • All service interactions right first time • Market leading efficiency and
Slide 49: Questions?
For personal use only Questions?
Slide 50: Thank you
For personal use only Thank you 29 C2 General
Slide 51: Appendix – acronym guide
Appendix – acronym guide Acronym Meaning For personal use only 5G SA 5G Stand Alone core solution API Application Programming Interface ASA Average Speed to Answer BSS Business Support Systems BU Business Unit ERP Enterprise resource planning FTF First time fix FWA Fixed Wireless Access IoT Internet