Slide 1: FY20 Results Presentation
FY20 RESULTS PRESENTATION AUGUST 2020 i LOGICAMMS 2020 INVESTOR PRESENTATION
Slide 2: Company Profile
COMPANY PROFILE Following the successful merger with OSD Pty Ltd, LogiCamms Revenue by industry sector Limited (ASX: LCM) is now a leading mid-tier engineering, project delivery and operations services business executing FY20 FY19 (Pro-forma1) work across Australia, New Zealand, PNG and the Pacific.
Slide 3: FY20 Financial Performance
FY20 FINANCIAL PERFORMANCE Improved financial performance post-merger $m FY20 (Reported) FY20 (AASB16) FY20 (Restated) FY19 (Pro-forma1) Change to PCP Revenue 117.0 – 117.0 119.4 (2.4) Arrow-Down Gross Margin 36.3 – 36.3 37.9 (1.6) Arrow-Down Gross Margin % 31% – 31% 32% (1%) Arrow-Down Sales & Mark
Slide 4: Operating Highlights
OPERATING HIGHLIGHTS Merger benefits delivering improved financial performance SYNERGY CAPACITY APABILITY C BENEFITS BENEFITS BENEFITS More than $3m in Strengthened balance Strong cash conversion annualised savings realised sheet performance N ormalised EBITDAI Winning larger contracts R
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 STRONGER BALANCE AND DEVELOP COMMON CULTURE SECURE ORGANIC GROWTH SHEET TO PURSUE GROWTH OPPORTUNITIES COMPLETED COMPLETED NEARING COMPLETION More than $3m an
Slide 6: Strategy Implementation Scorecard
STRATEGY IMPLEMENTATION SCORECARD REMAIN FOCUSED ON OUR LOGICAMMS CREATES AND TRANSFORMS ASSETS REMAIN FOCUSED ON OUR KEY GEOGRAPHIES KEY INDUSTRY SECTORS (PLANTS, PROCESSES AND PEOPLE) TO BUILD A • Australia SMARTER FUTURE Mining & Minerals • New Zealand We deliver ‘fit-for-purpose’ solutions acros
Slide 7: Board and Management
BOARD AND MANAGEMENT Board Position Phillip Campbell Independent Non-Executive Chair Matthew Morgan Independent Non-Executive Director Brian O’Sullivan AM Executive Director Linton Burns Executive Director • An additional non-executive director to be appointed shortly Management Position Chris O’Nei
Slide 8: Market Conditions & LCM Positioning
MARKET CONDITIONS & LCM POSITIONING MINING AND MINERALS INFRASTRUCTURE MARKET HYDROCARBONS MARKET PROCESSING MARKET • Strong and growing despite COVID-19 (OIL & GAS AND CHEMICALS) • Market holding up very well despite • Government stimulus measures are expected • COVID-19 caused oil and gas price th
Slide 9: Outlook
OUTLOOK • Impact of COVID-19 indicates 1H of FY21 will be somewhat subdued – with fewer of the larger opportunities being available • 2H of FY21 expected to be stronger • LogiCamms positioned well for this market: – Merger successfully bedded in – establishing mid-tier position, stronger balance she
Slide 10: 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 11: 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 10 LOGICAMMS 2020 INVESTOR PRESENTATION