Slide 1: Investor Presentation
Providing global mineral processing solutions ASX:GNG ASX:ABC For personal use only GR Engineering Services Limited Investor Presentation 2 September 2024
Slide 2: Group FY24 Results
Group FY24 Results The Group reported FY24 revenue of $424.1 million ($551.4 million) and EBITDA of $50.9 For personal use only million ($44.4 million). During FY24, GR Engineering successfully delivered multiple major projects, including the world class Thunderbird Mineral Sands Project, Bellev
Slide 3: FY24 Group Results
FY24 Group Results Earnings Balance Sheet & Cash Flow For personal use only Revenue Cash $600m $90m $400m $60m FY23 FY23 FY24 FY24 $200m 551.4 $30m 86.0 424.1 74.6 $0m $0m EBITDA Net Assets $60m $80m $60m $40m FY24 FY23 $40m FY24 FY23 $20m 50.9 44.4 66.3 $20m 59.7 $0m $0m PBT Total Dividends (Fully
Slide 4: EBITDA and Dividend Performance
EBITDA and Dividend Performance For personal use only 20 60 18 50 16 14 40 CPS (Cents per share) 12 10 30 $m 8 20 6 4 10 2 0 0 1 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Dividends (cps) EBITDA $m 1) FY20 EBITDA is based on underlying EBITDA after adjusting for one-off abnormal items GR Engi
Slide 5: Balance Sheet
Balance Sheet For personal use only Strong balance sheet maintained at 30 June 2024. At 30 June 2024, the Group held a cash balance of $74.6 million (30 June 2023: $86.0 million) with negligible external bank debt. During FY24, the Group paid out $31.3 million (FY23: $30.7 million) in fully fr
Slide 6: Mineral Processing – GR Engineering
Mineral Processing – GR Engineering GR Engineering’s design and construction order book of current work includes: For personal use only Company Project Type ($’m) Evolution Mining Limited Mungari Future Growth EPC 155 Project K92 Mining Ltd Kainantu Gold Mine – 1.2 EPC USD81 Mtpa Process Plant Lio
Slide 7: Energy – GR Production Services (GRPS)
Energy – GR Production Services (GRPS) For personal use only GR Production Services (GRPS), generates longer term operations and maintenance (O&M) services revenue alongside project work. GRPS’s contracted pipeline includes, but is not limited, to the following key projects: Company Project Star
Slide 8: Process Controls – Mipac / Paradigm
Process Controls – Mipac / Paradigm For personal use only Mipac is a leading global provider of controls systems, operational technology and engineering services primarily in the mineral processing, energy and water industries. During FY24, Mipac continued to deliver solutions for key repeat cli
Slide 9: Environmental Social Governance (ESG)
Environmental Social Governance (ESG) For personal use only As part of the Group’s ESG framework, we: - Support our communities, including: - Promote and encourage diversity in our workforce and operations. We recognise that a diverse workforce is a contributor to the business achieving its strate
Slide 10: Outlook
Outlook For personal use only The Group has a strong orderbook and pipeline of opportunities. The Group is currently working on a high volume of studies across a broad range of commodities and geographies and is involved in multiple active tender opportunities. The business has a strong balanc
Slide 11: Corporate Profile
Corporate Profile Capital Structure Share Price History For personal use only Shares on issue m 167.0 3.00 1,400,000 Share price (GNG.ASX) (28 Aug 2024) $ 1.95 2.50 1,200,000 Market Capitalisation $m 325.7 2.00 1,000,000 800,000 Cash (30 Jun 2024) $m 74.6 1.50 600,000 Debt (30 Jun 2024) (excluding l
Slide 12: Contact Details
Contact Details For personal use only Tony Patrizi Key locations Managing Director GR Engineering 71 Daly Street Building 3, Level 3, +61 8 6272 6000 Ascot WA 6104 Kings Row Office Park PO Box 258 42 McDougall Street tony.patrizi@gres.com.au Belmont WA 6984 Milton QLD 4064 +61 8 6272 6000
Slide 13: Disclaimer
Disclaimer For personal use only RELIANCE ON THIRD PARTY INFORMATION NO OFFER OF SECURITIES DISCLOSURE OF NON- IFRS FINANCIAL INFORMATION This presentation may contain information that has been derived Nothing in this presentation should be construed as either an offer Throughout this presentation,