Slide 1: Simonds Group Limited Results for the financial year ended 30 June 2018
Simonds Group Limited Results for the financial year ended 30 June 2018 Amamoor with Oakland Facade, Helensvale Display, Queensland
Slide 2: Important notice and disclaimer
Important notice and disclaimer 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 information provided in this p
Slide 3: FY18 Full Year Financial Results
FY18 Full Year Financial Results $605.2m Statutory Revenue $13.7m $16.3m Up $17.8m or 3.0% Statutory EBITDA Pro Forma EBITDA Up $3.6m or 36% Up $2.5m or 18% • Revenue in the Homes business increased 4.1% on prior period comparative on the back of higher site starts $3.8m $6.8m • Gross Profit improve
Slide 4: Simonds Homes Key Results
Simonds Homes Key Results Key Financial Metrics1 • Starts have increased as a result of the Group’s strong pipeline and focus on consistent delivery of site starts each week. $593.1m $15.9m Total Revenue Pro forma2 EBITDA • Revenue and margin improvement derived from change in product mix, Up $23.2m
Slide 5: Education Key Results
Education Key Results Key Financial Metrics • All funding contracts in VIC, NSW, ACT and QLD maintained $11.2m $0.8m • Regulatory compliance with all government funding agreements Revenue Pro forma1 EBITDA Down $2.2m or 16% Down $0.5m or 38% • Federal VET Student Loans contract granted • CWBTS Regis
Slide 6: Balance Sheet
Balance Sheet 30 Jun 2018 30 Jun 2017 • Significant improvement in net assets – from a deficiency in FY17 $m $m of $3.1m to a positive net asset position of $1.0m Assets Cash / Equivalents • Net Working Capital is in line with prior periods 7.0 10.2 Receivables 34.9 32.7 Inventories 67.9 48.2 • Inve
Slide 7: Cashflows
Cashflows 30 June 2018 30 June 2017 • Net cash generated from operating activities was $1.7m or $m $m 24.3% above the prior period comparative Cash flows from operating activities • Receipts from customers were in line with prior period Receipts from customers comparative 603.2 604.5 Payments to sup
Slide 8: Delivering Shareholder Value
Delivering Shareholder Value Maximise value through our fundamental Business process improvements: strengths: • Longevity of Simonds brand • Consistency in home starts per region • Safe and efficient home building processes • Delivering sustainable profitability • Reputation for quality and delivery
Slide 9: Appendix
Appendix PAGE 8
Slide 10: Appendix 1: Statutory to pro forma reconciliation
Appendix 1: Statutory to pro forma reconciliation FY18 FY18 FY18 FY17 FY17 FY17 Revenue EBITDA NPAT Revenue EBITDA NPAT Statutory to pro forma reconciliation $m $m $m $m $m $m Statutory result from continuing 605.2 13.7 4.8 587.4 10.1 2.1 operations Impairment of non-core development - 0.4 0.3 - 1.4
Slide 11: Thank you
For more information contact us at: Telephone: +61 3 9682 0700 Mailing address: Locked Bag 4002 South Melbourne VIC 3205 01 Insert divider title 3 A InsertPhysical address: divider title 7 Level 1, 570 St Kilda Road Melbourne VIC 3004 www.simondsgroup.com.au Thank you