Steel & Tube Holdings Limited · NZX:STU
Steel & Tube — NZSA Tauranga Branch Meeting (July 2023)
20 slides from Steel & Tube's conference presentation, Jul 25, 2023
Slide 1: NZSA Tauranga Branch Meeting
NZSA Tauranga Branch Meeting 25 July 2023
Slide 2: Agenda
Agenda • About Steel & Tube • Performance & Sustainability • Growth Strategy • Q&A 2
Slide 3: Intro Video
Intro Video
Slide 4: Making life easier for customers needing steel solutions
Making life easier for customers needing steel solutions 4
Slide 5: Steel & Tube
Steel & Tube • One of New Zealand’s leading providers of steel solutions • A proud New Zealand company, with over 69 years of trading history • We offer New Zealand’s most comprehensive range of steel products, services and solutions • Our stable of best-in-class businesses are some of this country’
Slide 6: Our business divisions
Our business divisions Products sourced from preferred Products processed before sale, typically on a contract or project basis, Infrastructure Distribution steel mills and distributed through our national network including onsite installation services Steel Piping Systems Chain & Rigging Roofing Co
Slide 7: Primary product and service offering by participants
Primary product and service offering by participants Engineering distribution Reinforcing processing processing Fasteners Stainless Roofing Plate Steel Wire steel steel steel Coil Steel & Tube 5 5 5 5 5 5 5 5 5 Fletcher Steel j 5 5 5 5 5 5 5 Vulcan 5 5 5 5 5 United Industries 5
Slide 8: Our journey
Our journey Our goal is to be the best in the sector, the preferred choice for steel products and solutions and a trusted partner for our customers. FY18 - FY20 FY21 – FY22 FY23 onwards Project Strive – Value of turnaround company wide reset Embedded value. now apparent. Strong to refocus, reduce Fo
Slide 9: FY22 & FY23 demonstrated Steel & Tube's value
FY22 & FY23 demonstrated Steel & Tube’s value • Strong financial performance • Robust operating model that will deliver through the economic cycle • Clear focus on continuing to strengthen the core and investing in high value products, services and sectors • Goal to deliver sustainable double-digit
Slide 10: Financial Performance 1H23
Financial Performance 1H23 Volume Revenue 90 350 80 Tonnes (Thousands) 300 $ (Millions) 70 250 60 200 50 150 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 Gross Margin 80 $ (Millions) 60 Shaded area represents 40 results affected by COVID-19 20 Dec-17 Dec-18 Dec
Slide 11: Building a sustainable business
Continuing strength in key Building a metrics in FY23 sustainable business Customer Satisfaction NPS 42 (FY22: 40) Long term business sustainability Employee Safety Measure supported by balance sheet strength eTRIFR 1.14 (FY22: 1.13) through the economic cycle with capacity Employee Engagement for g
Slide 12: Building a sustainable business
Building a sustainable Maximising business steel’s Supporting our contribution to Long term aim is to people and a sustainable operate the business in a customers and low way that is financially emission society rewarding for our shareholders and positive for our people, our customers and our planet
Slide 13: Sustainable Steel
Sustainable Steel Steel facilitates a circular economy • Infinitely recyclable • Reduced construction waste • Durable • Non-toxic and inert 13 13
Slide 14: ESG Initiatives
ESG Initiatives New BYD EV in Christchurch LED replacement program complete Scrap steel collection 14
Slide 15: Our strategy
Our strategy Building on momentum to create a market leading business Grow high Strengthen value products, the core services and sectors 15 15
Slide 16: Strategic pathways
Strategic pathways Overall goal to deliver gross margin improvement – benefits expected from FY24 onwards Grow High Value Products, Continue to Strengthen the Core Services and Sectors • Best-in-class customer experience • High value products, diversified materials and value-added services • Cross s
Slide 17: Recent growth initiatives: Reporting back
Recent growth initiatives: Reporting back ORGANIC GROWTH PROGRAMMATIC M&A Plate Processing Aluminum Kiwi Pipe & Fittings Fasteners NZ • New high specification • Selected range of high • Integration in line with • Continued growth in Plate Processing & Press demand, high value expectations with busin
Slide 18: Steel & Tube is strongly positioned to deliver through the economic cycle
Steel & Tube is strongly positioned to deliver through the economic cycle Key Strengths • Unmatched breadth of high-quality product and solutions • National network with regional strength • Enhanced customer value proposition and high levels of customer service • Disciplined operational, supply chai
Slide 19: Discussion
Discussion
Slide 20: Disclaimer
Disclaimer This presentation has been prepared by Steel & Tube Holdings operations and business, and business strategy of STU. Information Limited (“STU”). The information in this presentation is of a general about the future, by its nature, involves inherent risks and nature only. It is not a compl
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