Boral — Shareholder Meeting (October 2001)
10 slides from Boral's shareholder meeting presentation, Oct 29, 2001
Slide 1: 2001 Annual General Meeting
2001 ANNUAL GENERAL MEETING 29 October 2001, Sydney 2001 Annual General Meeting Chairman’s Address Dr Ken Moss 2001 Annual General Meeting 1
Slide 2: Strategic Intent and Financial Performance
Strategic Intent Boral intends to be a value-driven, focused building and construction materials supplier operating in Australia and increasingly offshore 2001 Annual General Meeting Financial Performance • Solid financial performance in difficult trading conditions • $3.28 billion in sales revenue
Slide 3: Environmental and Social Performance
Environmental Performance Sustainable development in environmental sense: • Better resource utilisation • Energy optimisation • Emission & pollution management • Waste minimisation • Recycling • Site rehabilitation 2001 Annual General Meeting Social Performance • Boral’s 500 sites rely on good commu
Slide 4: Boral's Growth Strategy and Share Price Performance
Boral’s Growth Strategy • Grow in Australia and increasingly offshore • $400 million divestment target exceeded within 12 months of demerger • Sound balance sheet - gearing maintained at 53% debt to equity • Approximately $400 million spent or committed on growth initiatives by December 2001 2001 An
Slide 5: Total Shareholder Returns
Total Shareholder Returns TSR of 50 Peer Companies in Reference Group 100% 80% BORAL 60% Build Mat’ls Index 40% ASX 100 20% TSR 0% -20% -40% -60% -80% -100% 1st Quartile 2nd Quartile 3rd Quartile 4th Quartile 2001 Annual General Meeting Managing Director's Comments Mr Rod Pearse 2001 Annual General
Slide 6: Portfolio & Organisational Changes; Financial Objectives
Portfolio & Organisational Changes • Extensive operational improvement program • More streamlined organisational structure • Managed divestment program 2001 Annual General Meeting Financial Objectives • Exceed the weighted average cost of capital (WACC) on a sustainable basis through the building cy
Slide 7: Australian building & construction activity bottoms; Operations
Australian building & construction activity bottoms 30000 Value of Work Done $99 / 00 million 1999/00 2000/01 25000 (seasonally adjusted) 20000 15000 10000 5000 0 Dwellings incl Non-Dwellings Roads Highways & Alterations & Subdivisions Additions Source: ABS 2001 Annual General Meeting Operations • E
Slide 8: A Safer Workplace
A Safer Workplace LTIFR* % hours lost 20 0.45 16 0.37 15 0.34 0.34 10 0.23 0.21 8 7 0.15 4 95 96 97 98 99 00 01 95 96 97 98 99 00 01 * LTIFR is the frequency rate of lost time injuries per million hours worked 2001 Annual General Meeting Boral Sustainability Self Diagnostic Tool • Determines sustain
Slide 9: Delivering a Growth Strategy
Delivering a Growth Strategy BORAL’S MARKET POSITIONS ASIA Plasterboard Indonesia #1 USA Malaysia #1 Bricks #1 China (east) #1 Roof tiles #1 Korea #1 Fly ash #2 Thailand #1 The Philippines #1 Indonesia concrete #1 AUSTRALIA Cement #1 Concrete #1 Quarries #1 Asphalt #2 *Asian plasterboard & US concre
Slide 10: Outlook
Outlook Boral’s underlying net profit after tax is expected to be stronger in FY2002, particularly in the second half. 2001 Annual General Meeting 2001 Annual General Meeting 10