Big River Industries Ltd. · ASX:BRI
Big River Industries — FY2017 Earnings Presentation
10 slides from Big River Industries's earnings presentation, Aug 29, 2017
Slide 1: Full Year 2017 Results Briefing
Big River Industries Limited (ASX:BRI) Full Year 2017 Results Briefing For personal use only 29 August 2017
Slide 2: Contents
Contents 1. FY2017 Highlights For personal use only 2. Sales Highlights 3. Business Diversity 4. Financial Summary 5. Outlook
Slide 3: FY2017 Highlights
FY2017 Highlights ➢ Revenue in line with prospectus forecasts, despite significant wet weather events in For personal use only the March & April period. ▪ May and June sales revenue exceeded forecast by 2%. ➢ Pro Forma EBITDA of $11.6m being 1.5% ahead of prospectus forecast. ➢ Statutory net profit
Slide 4: Business Diversity
Business Diversity 1% For personal use only 3% Detached housing 5% NSW 10% Medium density 10% QLD residential 34% VIC High density 36% 21% residential SA 14% Commercial WA 17% 15% Other Civil 34% Industrial ➢ Recent acquisitions have further improved diversity across construction segments and states
Slide 5: Sales Highlights
Sales Highlights Statutory Revenue ($m's) ➢ NSW growth of 10% reflected the strong NSW economy and construction markets. For personal use only 177.1 170.7 ➢ Increase in Civil construction sales as significant infrastructure 146.4 149.7 works begins. ▪ Includes 5 rail projects in Sydney & Melbourne a
Slide 6: Earnings Summary – June FY2017
For personal use only Earnings Summary – 30 June FY2017 Statutory Pro forma Actual Prospectus Actual Prospectus ➢ Statutory NPAT up 22.5% on FY2017 FY2017 Difference FY2017 FY2017 Difference prospectus forecast. Profit and Loss % % $m $m $m $m Sales Revenue 177.1 177.7 -0.3% 197.8 201.0 -1.6% ➢ Pro
Slide 7: Balance Sheet – June FY2017
Balance Sheet – 30 June FY2017 Statutory FY2017 FY2016 For personal use only Balance Sheet $m $m Cash 3.5 - Receivables 36.8 32.0 Inventories 24.4 18.8 ➢ Improved debtor days of 57, down from 58 in FY2016. Fixed assets 24.6 24.9 ➢ Excellent working capital management - trade working capital Intangib
Slide 8: Cash Flow – June FY2017
Cash Flow – 30 June FY2017 Statutory For personal use only FY2017 FY2016 Cash Flow $m $m Receipts from customers 189.8 75.7 ➢ Strong operating cash flow resulting in $2.7m lower debt Payments to suppliers/employees (183.0) (72.4) than forecast. Other revenue 0.2 - ➢ Business acquisitions represent c
Slide 9: Outlook
Outlook ➢ The market outlook remains solid with a significant major For personal use only projects pipeline. ▪ Some uncertainty exists in high density residential construction pending Government policy and economic factors. ▪ Only the High density segment remains materially outside long term average
Slide 10: Important Notice and Disclaimer
Important Notice and Disclaimer ➢ This presentation is dated 29 August 2017. ➢ Big River Industries Limited (the "Company") advises that the information contained in this presentation is intended to be For personal use only general background information about the Company's activities as at the date