Simonds Group Ltd. · ASX:SIO
Simonds — Shareholder Meeting (November 2017)
9 slides from Simonds's shareholder meeting presentation, Nov 24, 2017
Slide 1: Simonds Group Limited Annual General Meeting
For personal use only Simonds Group Limited Annual General Meeting 24 November 2017
Slide 2: FY17 Financial Results
FY17 Financial Results For personal use only Revenue in Homes business impacted by abnormally high $587.4m $587.4m incidence of wet weather, trade shortages in some regions, Total revenue Pro Forma1 revenue property investor activity, and changes to the first home Down $41.1m or 6.5% on prior peri
Slide 3: Simonds Homes key results
Simonds Homes key results For personal use only Key Financial Metrics1 FY17 pro forma EBITDA breakdown per house start ($’000s) $569.9m $12.0m Revenue Pro forma2 EBITDA Down 5.1% on prior period Unchanged from prior period 11.6 12.9 1.3 2,391 117 5.0 5.0 Site starts Total display homes Down from 2,5
Slide 4: Education key results
Education key results For personal use only Key Financial Metrics FY17 student profile (856) $13.4m $1.3m 2,586 (1,973) Revenue Pro forma1 EBITDA Down 29.7% on prior period Down 68.0% on prior period 2,232 1,989 Opening FY17 Plus: New Less: Less: Closing FY17 Active Enrolments Withdrawals Graduation
Slide 5: Balance Sheet
Balance Sheet For personal use only Balance Sheet ($m) 30 Jun 2017 30 Jun 2016 Substantial improvement on 30 June 2016 Assets Receivables reduced as a result of increased focus Cash / Equivalents 10.2 3.2 on collection of outstanding amounts owing Receivables 32.7 43.6 Trade / other payables d
Slide 6: Cashflows
Cashflows For personal use only Summary cash flows ($m) FY17 FY16 Customer receipts impacted by one off change that reduced amount billable to customers at Cash flows from operating activities early stages of construction process Receipts from customers 604.5 664.0 Receipts from customers impact
Slide 7: Key Focus Areas
For personal use only Key Focus Areas PAGE 6
Slide 8: Focus on Value Drivers
Focus on Value Drivers For personal use only 1. Maximise value of fundamental strengths Safe and efficient home building processes Reputation for quality and delivery Strength of the Simonds brand Leading market position in Victoria 2. Strengthen management and execution capability Search
Slide 9: Important notice and disclaimer
Important notice and disclaimer For personal use only While every effort is made to provide accurate and complete information, Simonds Group Ltd does not warrant or represent that the information in this presentation is free from errors or omissions or is suitable for your intended use. The informat