Monadelphous Group Limited · ASX:MND
Monadelphous — Shareholder Meeting (February 2016)
26 slides from Monadelphous's shareholder meeting presentation, Feb 11, 2016
Slide 1: 2011 Annual General Meeting
2011 Annual General Meeting 22 November 2011 Safety and Wellbeing | Integrity | Achievement | Teamwork | Loyalty
Slide 2: Agenda
Agenda 1. Chairman’s Address 2. Managing Director’s Address 3. Items of Business 4. Other Business 2 www.monadelphous.com.au
Slide 3: Board of Directors and CFO
Board of Directors and CFO John Rubino Rob Velletri Zoran Bebic Chairman Managing Director CFO and Company Secretary Peter Dempsey Chris Michelmore Irwin Tollman (Lead) Non-Executive Director Non-Executive Director Non-Executive Director 3 www.monadelphous.com.au
Slide 4: 1. Chairman’s Address
1. Chairman’s Address John Rubino (Chairman) 4 www.monadelphous.com.au
Slide 5: Company Profile
Company Profile Monadelphous Group Limited (ASX:MND) is an S&P/ASX 100 company that provides construction, maintenance and industrial services to the resources, energy and infrastructure sectors throughout Australasia throughout Australasia. Monadelphous has been included in the S&P/ASX 100 from Nov
Slide 6: Company Profile
Company Profile MND Monadelphous Monadelphous 12‐month Share Price Performance (Rebased) S&P/ASX 200 (Source: Miraqle) S&P/ASX 200 Industrials Top 5 Shareholders Capital HSBC Nominees Australia 10.7% Shares on Issue 88.6m JP Morgan Australia 10.4% Market Capitalisation ~$1.75b National Nominees Aust
Slide 7: Total Shareholder Return – Performance Against Peers
Total Shareholder Return – Performance Against Peers Total Shareholder Return (TSR) comparison against peers, S&P/ASX 200 and S&P/ASX Industrials to 30 June 2011. Peers include: Clough, Downer, Leighton, Transfield and UGL (not in order). (Source: Thomson Reuters) 7 www.monadelphous.com.au
Slide 8: Group Highlights
Group Highlights Sales revenue up 13% to $1,444m Financial EBITDA up 18% to $153m, healthy margin improvement to 10.6% Operating cash flow $125m - strong cash conversion NPAT up 14% to $95.1m, EPS up 12% to 109c, DPS up 14% to 95c Growth achieved across all divisions Operating Strong dem
Slide 9: 2. Managing Director’s Address
2. Managing Director’s Address Rob Velletri (Managing Director) 9 www.monadelphous.com.au
Slide 10: Financial Highlights
Financial Highlights FY11 FY10 Change Sales Revenue $m 1,443.9 1,275.4 +13.2% EBITDA $m 153.3 129.4 +18.5% EBITDA Margin % 10.6 10.1 +0.5pp Operating Cash Flow $m 125.2 96.0 +30.5% NPAT $m 95.1 83.2 +14.2% NPAT Margin % 6.6 6.5 +0.1pp EPS cps 108.8 96.9 +12.4% DPS (Fully Franked) cps 95.0 83.0 +14.5
Slide 11: Divisional Highlights
Engineering Construction Divisional Highlights Record sales revenue of $930m, up 10% Engineering Construction Significant scope growth on existing major contracts Awarded $260m in new engineering construction contracts Strengthened LNG construction and commissioning capability Maintenance an
Slide 12: Key 2010/11 Contract Activity
Key 2010/11 Contract Activity 12 www.monadelphous.com.au
Slide 13: Engineering Construction - Woodside’s Pluto LNG Project
Engineering Construction - Woodside’s Pluto LNG Project 13 www.monadelphous.com.au
Slide 14: Engineering Construction - BHP Billiton Worsley Alumina’s Efficiency and Growth Project
Engineering Construction - BHP Billiton Worsley Alumina’s Efficiency and Growth Project 14 www.monadelphous.com.au
Slide 15: Maintenance and Industrial Services – Rio Tinto’s Pilbara Iron
Maintenance and Industrial Services – Rio Tinto’s Pilbara Iron 15 www.monadelphous.com.au
Slide 16: Maintenance and Industrial Services – Rio Tinto Coal & Allied’s Bengalla Mine
Maintenance and Industrial Services – Rio Tinto Coal & Allied’s Bengalla Mine 16 www.monadelphous.com.au
Slide 17: Infrastructure – Chevron Australia’s Gorgon LNG Project
Infrastructure – Chevron Australia’s Gorgon LNG Project 17 www.monadelphous.com.au
Slide 18: FY12: $870m in new contracts awarded
FY12: $870m in new contracts awarded Engineering Construction Maintenance and Industrial Services Infrastructure Woodside, Pluto Commissioning BMA, Dragline and Shovel Toowoomba Regional Council Support, Dampier, WA Shutdowns, (3-year contract), Bowen Wastewater Infrastructure Projects, Rio
Slide 19: People Performance
People Performance Highlights Employee numbers at record levels Skilled labour shortages becoming the major challenge Ramped up initiatives aimed at attraction, development and retention 19 www.monadelphous.com.au
Slide 20: Safety Scorecard
Safety Scorecard The Safe Way is the Only Way 71% improvement in LTIFR Continued implementation of Safety Leadership Program Roll out of the Safe Way is the Only Way policy message 20 www.monadelphous.com.au
Slide 21: Strategy Progress
Strategy Progress Markets and Growth Leading position2011 Progress in core markets To maximise growth and returns from our core Strengthened position in oil and gas markets of resources and energy Mackay facility for coal market expansion Infrastructure sector growth To build a substanti
Slide 22: Australian Market Conditions
Australian Market Conditions (Source: BIS Schrapnel) 22 www.monadelphous.com.au
Slide 23: Outlook
Outlook Unprecedented pipeline of opportunities across resources and energy markets Well positioned for growth in all markets Further development of infrastructure sectors – pipelines, water, power $870 million in new contracts secured in FY12 to date Strong demand and contract flow expect
Slide 24: Disclaimer and Important Notice
Disclaimer and Important Notice 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 Group Limited or any other company. Due care
Slide 25: Contact
Contact www.monadelphous.com.au Information for Investors/Analysts: Rachael Cutler, Investor Relations Manager Telephone: +61 (08) 9315 7429 Email: rcutler@monadel.com.au 25 www.monadelphous.com.au
Slide 26: 2011 Annual General Meeting
2011 Annual General Meeting 22 November 2011 Safety and Wellbeing | Integrity | Achievement | Teamwork | Loyalty
Monadelphous Group — Shareholder Meeting (February 2016) on 6ix