Fletcher Building Limited · NZX:FBU
Fletcher Building — Investor Day (September 2011)
9 slides from Fletcher Building's investor day presentation, Sep 28, 2011
Slide 1: Fletcher Analysts Tour: Pipelines Division Overview
Pipelines Crane Group - Division FLETCHER ANALYSTS TOUR PIPELINES DIVISION OVERVIEW 28TH SEPTEMBER 2011
Slide 2: Business: Plastic Pipe & Fittings Systems
Pipelines 1. BUSINESS: PLASTIC PIPE & FITTINGS SYSTEMS Crane Group - Division Plastic pipe and fittings systems for distribution of Water, Gas & Conduits for Telecommunications & Electrical Fletcher Analysts Tour - Pipelines Division 1 28 Sep 2011
Slide 3: Locations
Pipelines 2. LOCATIONS Crane Group - Division Darwin 20 Locations PVC Factory x5 PE Factory x6 Innisfail PVC & PE Factory x2 Northern PVC Fittings Factory x1 Townsville Territory Metals Factory x1 Warehouse x5 Queensland Western Australia South Toowoomba Brisbane Australia New South Wales Perth Adel
Slide 4: Product Overview
Pipelines 3. PRODUCT OVERVIEW Crane Group - Division PVC pipe and fittings – Higher pressure ratings – diameters up to 600mm – Joined using rubber-ring sealed fittings – Lower cost raw material than PE PE Pipe and Fittings – Lower pressure ratings - diameters up to 2,000mm – Joined by a butt-weld pr
Slide 5: Plastic Pipe Extrusion Process
Pipelines 4. PLASTIC PIPE EXTRUSION PROCESS Crane Group - Division Material Hopper Screw Calibrator Water Spray Pipe Main Motor Extruder Barrel Die Vacuum Bath Haul-off Saw Tipping Table Material Hopper Screw Calibrator Water Spray Pipe Main Motor Extruder Barrel Die Vacuum Bath Haul-off Saw Tipping
Slide 6: Market Position and Conditions
Pipelines 5. MARKET POSITION AND CONDITIONS Crane Group - Division Pipelines Aust- FY11 ~A$460m Pipelines NZ- FY11 ~A$60m 2% 7% 18% 20% 25% 10% 36% 15% 35% 25% 7% Civil Building Telco/Elec Civil Building Telco/Elec Rural Mining,Gas Other Rural Export – While the overall market conditions remain toug
Slide 7: Financials and Outlook
Pipelines 6. FINANCIALS AND OUTLOOK Crane Group - Division Financials Australia $AUD FY10 FY11 – Volume outlook driven by Mining and CSG Sales 501m 524m activity offsetting flat/softer performance in EBIT 31m 35m residential based markets EBIT/Sales 6.2% 6.7% – Margin contraction being experienced i
Slide 8: Growth Opportunities
Pipelines 7. GROWTH OPPORTUNITIES Crane Group - Division Coal Seam Gas (CSG) - Represents substantial new demand for PE Pipe - Iplex have secured $180m of contracts with the first two developers Rural Water Infrastructure - The $10bn National Water Initiative funding has focussed on water buy-backs
Slide 9: Strategy
Pipelines 8. STRATEGY Crane Group - Division Goal: To be the #1 supplier of plastic pipe and fittings in all our major markets via lowest delivered cost, technology focussed business - differentiating from competitors via service, product offer and capability Key Strategies Lowest Delivered Cost Dif