Fletcher Building Limited · NZX:FBU
Fletcher Building — Investor Day (May 2021)
12 slides from Fletcher Building's investor day presentation, May 26, 2021
Slide 1: Fletcher Building Investor Day May 2021
Fletcher Building Investor Day May 2021 Nick Traber CE, Concrete 26 May 2021
Slide 2: Agenda
Agenda 1. Introduction, Fletcher Building Overview Ross Taylor 2. Group Financials Bevan McKenzie 3. Safety Wendi Croft 4. Building Products Hamish McBeath 5. Concrete Nick Traber 6. Distribution Bruce McEwen 7. Residential and Development Steve Evans 8. Construction Peter Reidy 9. Australia Dean Fr
Slide 3: Concrete
Concrete Leading NZ Concrete business based on strong brands, capabilities and footprint è Covering full concrete value chain, only in-country manufacturer of cement è Unique footprint and logistics network, technical capabilities and brands è Well-positioned in the fastest growing NZ markets and se
Slide 4: Unique footprint and capabilities to serve customer needs across New Zealand
Concrete Unique footprint and capabilities to serve customer needs across New Zealand >4,000 38,000 customers 1,200 nautical miles people >100 225,000 points of sale truck loads >1,000 340,000 concrete mix ready-mix deliveries designs 4 Fletcher Building Limited Investor Day Presentation | © May 202
Slide 5: Concrete Market share %
Concrete Well-positioned across concrete value chain and exposure to most attractive sectors Market Size ($b) and Share (%) HY21 Revenue Weighted Sector Exposure $1.0b $0.6b $0.4b $0.1b 100% 27% 52% Market share % 21% Key: Residential Non Residential Infrastructure / Other Certified Concrete Aggrega
Slide 6: Solid improvement of profits and returns since FY19
Concrete Solid improvement of profits and returns since FY19 EBIT ($m)1 EBIT Margin1 (%) and ROFE2 (%) Key Non-financial Measures c.18.4% FY19 YTD21 TRIFR3 2.0 2.9 $110-115m 14.0% c.13.5% NPS 51 64 $89m 11.1% Engagement 75% 72% Carbon (‘000t)4 686 512 FY19 FY21F FY19 FY21F EBIT margin ROFE 1. Before
Slide 7: Initiatives to drive margin expansion and growth
Concrete Market leading customer Lowest Economic performance of each Leadership in innovation, Initiatives in place to drive both margin expansion (1-2%) solutions and services delivered cost business in industry top sustainability, and growth via disruption and above market growth in the short- and
Slide 8: Innovation as key driver for growth
Concrete Leadership in innovation, sustainability, and growth via Innovation as key driver for growth disruption From innovative products… … to integrated solutions +$2m sales +$4m sales >25% growth >30% growth from masonry products retaining wall systems +$2m sales +2m sales >30% growth >25% growth
Slide 9: Digital as key driver for growth
Concrete Market leading customer solutions and Digital as key driver for growth services From digital operation & supply chain… … to digital customer experience 40% digital 1st in NZ certified delivery e 2021 digital RMX B2C sales process ch Jun channel Laun -$1m cost >50% digital cement supply chai
Slide 10: Sustainability as key driver for growth
Concrete Leadership in innovation, sustainability, Sustainability as key driver for growth and growth via disruption From leading CO2 footprint… … to circular solutions 35% >$3m contribution substitution from alternative fuels and raw materials in 2021 of coal with alternative fuels >25,000t of supp
Slide 11: Closing summary – NZ Concrete provides strong platform for sustainable growth
Concrete Closing summary – NZ Concrete provides strong platform for sustainable growth NZ leading concrete business based on strong brands, capabilities and footprint è FY21-23: Performance improvement driven by top line and cost initiatives è FY23+: Significant Growth opportunities related to: è In
Slide 12: Questions
Questions 12 Fletcher Building Limited Investor Day Presentation | © May 2021