Perenti Limited · ASX:PRN
Perenti — Canaccord Mining Services Forum 2023
9 slides from Perenti's conference presentation, Nov 27, 2023
Slide 1: Canaccord Mining Services Forum
For personal use only Canaccord Mining Services Forum 27 November 2023 1
Slide 2: Important notice and disclaimer
Important notice and disclaimer This presentation and these materials (together the “Presentation”) have been prepared by Perenti Limited ABN 95 009 211 474 No offer of securities (ASX:PRN) (“Perenti”). By reviewing or retaining these materials, or by attending or participating in this Presentation,
Slide 3: Perenti Group | Now the largest ASX listed contract mining services company
Perenti Group | Now the largest ASX listed contract mining services company 1 11,000 People Global mining contractor with For personal use only market leading capabilities in underground mining 25 5 +100 Underground Surface Drilling mines mines projects 36 32 14 10 years in years in years in years i
Slide 4: Integration activities have commenced
Integration activities have commenced Integration is advancing with extremely positive progress on all fronts For personal use only 4
Slide 5: DDH1 FY24 YTD performance is in-line with expectations
DDH1 FY24 YTD performance is in-line with expectations. DDH1 Drill Rig Utilisation % 1Q24 operational utilisation is in-line with forecasts. On average, utilisation has been +80% in FY24 90.0% YTD. Average utilisation rate1 80.0% ~75% 70.0% In 1Q24, 4 additional drill rigs have become operational. A
Slide 6: The Perenti share price does not reflect our FY23 and FY24 YTD performance
The Perenti share price does not reflect our FY23 and FY24 YTD performance • FY24 YTD, Perenti has delivered operational and financial performance in-line with expectations. • In FY24, Perenti has announced sequential increases to its work in hand including: • A$360m of revenue over 6 years and 1 mo
Slide 7: Given recent value opportunity, returns to shareholders have commenced
Given recent value opportunity, returns to shareholders have commenced • In-line with forecasts, the combined business is expected to maintain a strong balance sheet and generate significant free cash. • Perenti continues to return value to shareholders via its on-market buyback activities. • Capita
Slide 8: Significant work to date with further valuation upside
Significant work to date with further valuation upside Value creation of late Sustainability Delivered record FY23 revenue, earnings and profit, with significant YoY margin improvement value creation Delivered inorganic growth - finalised the DDH1 transaction and commenced integration Upside from id
Slide 9: Thank you
Thank you For personal use only Thank You perentigroup.com perentigroup.com Perenti is a ASX listed, diversified mining services group with interest in contract mining, drilling services, mining services and technology solutions. Headquartered in Perth and with offices and operations across four con