Slide 1: 2017 Full Year Results
For personal use only 2017 FULL YEAR RESULTS Tuesday 22 August 2017
Slide 2: Company Profile
2017 FULL YEAR RESULTS For personal use only Company Profile Monadelphous Group Limited (ASX:MND) is an S&P/ASX 200 At 30 June 2017 People 6,164 company that provides construction, maintenance and industrial Market Capitalisation $1.3b services to the resources, energy and infrastructure sectors. Ne
Slide 3: Group Highlights
2017 FULL YEAR RESULTS For personal use only Group Highlights FINANCIAL OPERATING STRATEGIC • Sales Revenue $1.265b* • Secured $1.8b of new contracts • Secured major offshore oil and • EBITDA $98.2^ • Awarded new construction works gas maintenance contracts • NPAT $57.6m on Ichthys Project Onshore L
Slide 4: Contracts Secured
2017 FULL YEAR RESULTS For personal use only Contracts Secured 4
Slide 5: Contracts Secured
2017 FULL YEAR RESULTS For personal use only Contracts Secured 5
Slide 6: Safety Scorecard
2017 FULL YEAR RESULTS For personal use only Safety Scorecard INJURY FREQUENCY RATES* • Diversification into new markets and changes in market conditions impacted injury rates • Group-wide safety campaigns undertaken • Safety initiatives implemented to support and embed strong safety culture in new
Slide 7: People
2017 FULL YEAR RESULTS For personal use only People EMPLOYEE NUMBERS • Growth in employee numbers • Increasing levels of maintenance services activity and ramp-up of construction activity towards year-end • Rationalised support services structure and expanded delivery of offshore business and projec
Slide 8: Financial Performance
2017 FULL YEAR RESULTS For personal use only Financial Performance PERIOD ENDED 30 JUNE FY17 FY16 CHANGE Sales Revenue $m 1,264.7* 1,364.7 (7.3%) EBITDA $m 98.2^ 113.6 (13.6%) EBITDA Margin % 7.76 8.33 (0.57pp) NPAT $m 57.6 67.0 (14.1%) NPAT Margin % 4.55 4.90 (0.35pp) EPS cps 61.4 71.8 (14.4%) DPS
Slide 9: Financial Position and Funding
2017 FULL YEAR RESULTS For personal use only Financial Position and Funding AT 30 JUNE FY17 FY16 CHANGE $m $m Cash at Bank 241.9 203.5 18.9% Net Cash Position 228.1 186.0 22.7% (Cash less interest bearing loans and borrowings) Capital Expenditure 16.4 8.7 89.9% (Cash and Hire Purchase) 9
Slide 10: Sales Revenue Summary
2017 FULL YEAR RESULTS For personal use only Sales Revenue Summary REVENUE BY DIVISIONAL HIGHLIGHTS END CUSTOMER FY17 FY16 CHANGE $m $m % Engineering Construction 615.4 757.6 (18.8) Maintenance and Industrial Services 652.9 608.4 7.3 Internal Eliminations (3.5) (1.3) Total 1,264.7* 1,364.7 (7.3) • L
Slide 11: Engineering Construction
2017 FULL YEAR RESULTS For personal use only Engineering Construction HIGHLIGHTS END CUSTOMER SALES REVENUE ($M) • Secured $800m of new work • Awarded new construction works on Ichthys Project Onshore LNG Facilities • Award-winning safety performance on Ichthys Project Onshore LNG Facilities: 2016 G
Slide 12: Maintenance and Industrial Services
2017 FULL YEAR RESULTS For personal use only Maintenance and Industrial Services HIGHLIGHTS END CUSTOMER SALES REVENUE ($M) • Secured $1b in new contracts • Awarded major onshore and offshore oil and gas contracts with INPEX and Woodside • New five year Oil Search EPC services contract • Delivered i
Slide 13: Australian Market Conditions
2017 FULL YEAR RESULTS For personal use only Australian Market Conditions TOTAL RESOURCES (A$B) TOTAL ENERGY (A$B) Source BIS Shrapnel – Mining in Australia (released May 2017) Source BIS Shrapnel – Mining in Australia (released May 2017) TOTAL INFRASTRUCTURE (A$B) TOTAL MAINTENANCE (A$B) Source BIS
Slide 14: Strategy
2017 FULL YEAR RESULTS For personal use only Strategy DELIVER CORE MAXIMISE RETURNS BUILD AN SERVICES TO NEW FROM CORE MARKETS INFRASTRUCTURE BUSINESS OVERSEAS MARKETS Secured major onshore and offshore Award of new contracts in water SinoStruct awarded fabrication oil and gas maintenance cont
Slide 15: Outlook
2017 FULL YEAR RESULTS For personal use only Outlook • Australian resources and energy market conditions have stabilised • Solid levels of sustaining capital expenditure to provide resources construction opportunities • Maintenance services prospects remain positive • Revenues from overseas business
Slide 16: Notes to Financials
2017 FULL YEAR RESULTS For personal use only Notes to Financials NON-IFRS FINANCIAL STATUTORY SALES REVENUE AND EBITDA RECONCILIATION INFORMATION FY17 FY16 Monadelphous Group Limited results are $M $M reported under International Financial Total sales revenue including joint ventures 1,264.7 1,364.7
Slide 17: Important Notice
2017 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