Slide 1: 2016 Full Year Results
For personal use only 2016 FULL YEAR RESULTS Tuesday 23 August 2016
Slide 2: Company Profile
2016 FULL YEAR RESULTS For personal use only Company Profile Monadelphous Group Limited (ASX:MND) is an S&P/ASX 200 At 30 June 2016 People 4,438 company that provides construction, maintenance and industrial Market Capitalisation $700m services to the resources, energy and infrastructure sectors. Ne
Slide 3: Group Highlights
2016 FULL YEAR RESULTS For personal use only Group Highlights FINANCIAL OPERATING STRATEGIC • Sales Revenue $1.365b • $1.1b new contracts and • Secured Shell Australia contract extensions Prelude FLNG services • EBITDA $113.6m • Three new long-term oil and • Established presence in the gas contracts
Slide 4: Contracts Secured
2016 FULL YEAR RESULTS For personal use only Contracts Secured 4
Slide 5: Safety Scorecard
2016 FULL YEAR RESULTS For personal use only Safety Scorecard INJURY FREQUENCY RATES* • Record safety performance • 22% improvement • TCIFR of 2.45 • Focus on safety leadership and culture underpins continued improvement. 5
Slide 6: People
2016 FULL YEAR RESULTS For personal use only People EMPLOYEES BY DIVISION EMPLOYEE NUMBERS AT 30 JUNE 2016 • Labour availability continues to improve • Decreasing construction workforce offset by increasing maintenance activity • Key talent retention remains strong • Consolidated and rationalised su
Slide 7: Financial Performance
2016 FULL YEAR RESULTS For personal use only Financial Performance YEAR ENDED 30 JUNE FY16 FY15 CHANGE Sales Revenue $m 1,364.7 1,865.0 (26.8%) EBITDA $m 113.6 168.0 (32.4%) EBITDA Margin % 8.33 9.01 (0.68pp) NPAT $m 67.0 105.8 (36.7%) NPAT Margin % 4.90 5.67 (0.77pp) EPS cps 71.8 113.9 (37.0%) DPS
Slide 8: Financial Position and Funding
2016 FULL YEAR RESULTS For personal use only Financial Position and Funding AT 30 JUNE FY16 FY15 CHANGE $m $m Cash at Bank 203.5 209.8 (3.0%) Net Cash Position 186.0 186.6 (0.3%) (Cash less interest bearing loans and borrowings) Capital Expenditure 8.7 11.5 (24.7%) (Cash and Hire Purchase) Bank Guar
Slide 9: Sales Revenue Summary
2016 FULL YEAR RESULTS For personal use only Sales Revenue Summary DIVISIONAL HIGHLIGHTS REVENUE BY DIVISION FY16 FY15 CHANGE $m $m % Engineering Construction 757.6 1,245.5 (39.2) Maintenance and Industrial Services 608.4 621.2 (2.1) Internal Eliminations (1.3) (1.7) Total 1,364.7 1,865.0 (26.8) • L
Slide 10: Engineering Construction
2016 FULL YEAR RESULTS For personal use only Engineering Construction HIGHLIGHTS END CUSTOMER SALES REVENUE ($M) • Strong execution and delivery on existing projects • Strengthened position in water infrastructure market • Established renewable energy JV – Zenviron • Secured new work in overseas mar
Slide 11: Maintenance and Industrial Services
2016 FULL YEAR RESULTS For personal use only Maintenance and Industrial Services HIGHLIGHTS END CUSTOMER SALES REVENUE ($M) • Awarded $1b in new contracts and extensions • Secured Shell Australia Prelude FLNG services • Strengthened leading position in oil and gas services • Delivered innovative and
Slide 12: Zenviron
2016 FULL YEAR RESULTS For personal use only Zenviron INCORPORATED JOINT VENTURE BETWEEN MONADELPHOUS AND ZEM ENERGY Zenviron is a full service balance-of-plant (BoP) contractor providing engineering, procurement and construction services to the renewable energy sector in Australia and New Zealand.
Slide 13: Australian Market Conditions
2016 FULL YEAR RESULTS For personal use only Australian Market Conditions TOTAL RESOURCES (A$B) TOTAL ENERGY (A$B) Source BIS Shrapnel - Mining in Australia (released May 2016) Source BIS Shrapnel - Mining in Australia (released May 2016) TOTAL INFRASTRUCTURE (A$B) TOTAL MAINTENANCE (A$B) Source BIS
Slide 14: Strategy
2016 FULL YEAR RESULTS For personal use only Strategy MAXIMISE POSITION EXPAND CORE NEW SERVICES/MARKETS IN CORE MARKETS SERVICES OVERSEAS Secured a number of long-term Secured Shell Australia Prelude Established presence in US, maintenance contracts FLNG services Monaro New facilities maint
Slide 15: Outlook
2016 FULL YEAR RESULTS For personal use only Outlook • Resources and energy markets to remain challenging • Customers will continue to focus on productivity improvements • Maintenance services outlook is positive with growth opportunities expected • Company well positioned to increase market share i
Slide 16: Notes to Financials
2016 FULL YEAR RESULTS For personal use only Notes to Financials NON-IFRS FINANCIAL EBITDA RECONCILIATION INFORMATION Monadelphous Group Limited results are FY16 FY15 reported under International Financial Reporting Standards (IFRS) as issued by $’000 $’000 the International Accounting Standards Boa
Slide 17: Important Notice
2016 FULL YEAR RESULTS For personal use only Important Notice DISCLAIMER Information, including forecast financial information, in this presentation, should not be considered as a recommendation in relation to holding, purchasing or selling shares, securities or other instruments in Monadelphous Gro