Big River Industries Ltd. · ASX:BRI
Big River Industries — Investor Presentation (October 2023)
15 slides from Big River Industries's investor presentation, Oct 10, 2023
Slide 1: Ord Minnett Presentation
Ord Minnett Presentation Big River Industries Ltd (ASX:BRI) October 10th, 2023 John Lorente Chief Executive Officer & Managing Director 10/10/2023 10/10/2023 1 1
Slide 2: Contents
Contents 03 History 04 Business Overview 05 Panels Business Overview 07 Construction Business Overview 09 Performance 10 Growth Momentum 11 Strategic Growth Plans 12 Outlook 15 Important Notice and Disclaimer 10/10/2023 2
Slide 3: Building Australia for over 100 years
03 Building Australia for over 100 years • A proud history dating back to the late 1800’s • A diverse product mix with an exposure to all construction segments • Successfully listed for 6 years after > 100 years in the same family ownership • Direct to market channel, with over 9,000 active Trade ac
Slide 4: Business Overview – FY23
04 Business Overview – FY23 Asset mix 20% of revenue 3 Supply chain diversity Manufactured by BRI 20% of revenue Direct Import by BRI 26 7 Manufacturing 4 Frame & Truss Plywood / panel Sites across major 60% of revenue population centres Sites prefabrication manufacturing plants plants Sourced from
Slide 5: Panels Business Overview
05 Panels Business Overview Industry leaders in decorative timber panels for architectural and Fit Out applications Decorative Products Structural Technical Where we are Commodity • 9 Sites • Revenue $128.5M (FY23) • >3000 Accounts, largest <2% Architectural Residential Housing Moving Forward Altera
Slide 6: Panels Business Projects
06 Panels Business Projects 10/10/2023 6
Slide 7: Construction Business Overview
07 Construction Business Overview Construction Australia’s leading diversified Formwork & Building Products distribution to trade businesses. Division Building Trade Centres Formwork & Commercial • 17 Sites Building Products / Commercial and Formwork Residential • c350 staff Focus General building R
Slide 8: Construction Business Projects
08 Construction Business Projects 10/10/2023 8
Slide 9: Divisional Performance
09 Divisional Performance Revenue EBITDA EBITDA margin AUD in millions FY23 FY22 % Change FY23 FY22 % Change FY23 FY22 Construction products 321.2 292.2 9.9% 39.3 31.9 23.2% 12.2% 10.9% Panels 128.5 117.1 9.7% 19.2 21.4 (10.3%) 14.9% 18.3% Corporate costs - - - (7.0) (5.3) 32.1% - - Total 449.5 409.
Slide 10: Growth Momentum
10 Growth Momentum Revenue ($m) U-EBITDA ($m) U-NPAT ($m) 500 60 25 50 20 400 40 300 15 30 200 10 20 100 5 10 0 0 0 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Cash Conversion Gearing ROFE 120% 25% 35% 100% 30% 20% 25% 80% 15% 20% 60% 10% 15% 40% 10% 20% 5% 5% 0% 0% 0% FY20 FY21 FY22
Slide 11: Strategic Growth Targets
11 Strategic Growth Targets Financial metrics Network expansion • Continue to deliver revenue growth • Continue to deliver on acquisition strategy. • Sustain average 10% EBITDA margins through the cycle – Successful implementation of acquisitions. • Continue to maximise ROFE for shareholders – Roll
Slide 12: Outlook
12 Outlook Big River’s growth supported by underlying demand • The Outlook for the Group • The pipeline of • Market growth remains positive given our commercial projects is expected to continue in market segment diversity. at record levels and Queensland and • Current Housing pipeline should deliver
Slide 13: Outlook: Strategy & Financial
13 Outlook Strategy & Financial • Our acquisitions strategy • Our Grafton • We will continue to increase has delivered well over the Consolidation project investment in the business which was delayed due over the coming year to past few years, with good deliver efficiencies, opportunities for furthe
Slide 14: Thank you
Thank you My yy a oa a i + iil iii a aT =
Slide 15: Important Notice and Disclaimer
15 Important Notice and Disclaimer This presentation is dated 10th October 2023. Big River Industries Limited (the "Company") advises that the information contained in this presentation is intended to be general background information about the Company's activities as at the date of this present
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