Slide 1: Essential Infrastructure Solutions
Essential Infrastructure Solutions Preliminary results presentation | March 2024
Slide 2: Presentation team
Presentation team Charles Sweeney Dawn Hillman Chief Executive Chief Financial Officer Officer 2 Nexus Infrastructure plc | Preliminary results presentation March 2024
Slide 3: Agenda
Agenda • Nexus – Summary and Strategy • Tamdown • Key Financials • Case Studies • Looking ahead • Conclusion • Q&A 3 Nexus Infrastructure plc | Preliminary results presentation March 2024
Slide 4: Nexus Infrastructure: FY23 - A year of positioning for change
Nexus Infrastructure FY23 - A year of positioning for change • Sale of TriConnex and eSmart Networks – returned £60.5m to shareholders • New management team • Transitioned the business and reduced costs to target • Repositioned Tamdown • Developing strategic options for the future 4 Nexus Infrastruc
Slide 5: Strategy
Strategy Strategic objectives Growing with Expanding Focus on our customers our market financial delivery • Continual developments in the quality, • Track record of identifying and investing in • Improving the level and consistency of features and diversification of our offering growing sectors and
Slide 6: Tamdown
Tamdown • Essential infrastructure solutions to the UK Drainage systems housebuilding sector • Civil engineering of site enabling, earthworks, roads, drainage systems, trenching and Roads foundations • Strong brand established over 45 years with loyal customer base • Recognised for its expertise and
Slide 7: Key Financials
Key Financials 7 Nexus Infrastructure plc | Preliminary results presentation March 2024
Slide 8: Group Performance
Group Performance IFRS 5 Format • Nexus revenue £0.8m due to TSA income £m 2023 2022 • Nexus operating loss £4.8m inc £2.4m of costs Continuing operations Revenue 88.7 98.4 relating to sale of subsidiaries Gross Profit 5.9 9.9 • Revenue for Tamdown is down due to Operating loss before exceptionals (
Slide 9: Balance sheet
Balance sheet £m 2023 2022 • Net assets and cash remain strong following sale Property, plant & equipment 5.4 5.5 of former subsidiaries for £77.7m Right of use assets 11.4 12.6 • Cash of £14.6m Goodwill 2.4 2.4 Receivables & contract assets 26.9 38.5 • Contract receivables reduced due to action tak
Slide 10: Large multi-phase infrastructure projects
Large multi-phase infrastructure projects 10 Nexus Infrastructure plc | Preliminary results presentation March 2024
Slide 11: Case study – Chilton Woods
Case study – Chilton Woods • Tamdown is delivering full infrastructure solutions for this development including a 4.3km spine road. • Project phased to deliver more than 1150 new homes over the coming years. Infrastructure Phase 1 Phase 2 c.700 units and associated infrastructure, including • Value:
Slide 12: Case study – Towerlands Park
Case study – Towerlands Park • Tamdown is delivering full infrastructure solutions for this development including a 5km spine road. • Project phased to deliver more than 500 new homes over the coming years. Phase 1 Phase 2 Project offices Phase 3 S278/off-site c.180 units and associated Infrastructu
Slide 13: Looking ahead
Looking ahead 13 Nexus Infrastructure plc | Preliminary results presentation March 2024
Slide 14: Looking ahead: Market and Operational
Looking ahead Market Operational • Market drivers remain strong – housing shortage and • Solid start to Q1 with key new contracts secured Government initiatives • Multi-phase projects with loyal customers • Inevitable uplift in residential development • Cost inflation reducing • Developers indicatin
Slide 15: Looking ahead: Financial and Strategic
Looking ahead Financial Strategic • Robust balance sheet • Board track record of sector innovation and delivering returns • Proactive measures have positioned the Group to • Tamdown positioned for a return to growth and higher improve margins margins • Growing Order book • Reviewing long-term growth
Slide 16: Conclusion
Conclusion 16 Nexus Infrastructure plc | Preliminary results presentation March 2024
Slide 17: Well positioned for the market upturn
Well positioned for the market upturn Year of change Returns to Challenging Prudent Strong Positioned and transition shareholders market Approach foundations for future Strategy Delivery of Challenging Difficult decision Robust Business development £60.5m return market made to resize, balance sheet
Slide 18: Thank you Q&A
Thank you Q&A 18 Nexus Infrastructure plc | Preliminary results presentation March 2024
Slide 19: General information
General information Significant shareholders Shares in issue • Market – AIM As at 30 November 2023 the number of shares in issue was 9,034,307 • Ticker – NEXS Major shareholders As at 30 November 2023 significant shareholdings in the share capital of NEXS were: Name Number of ordinary shares % of is
Slide 20: Investment case | Well positioned when market confidence returns
Investment case | Well positioned when market confidence returns Nexus has a history of growing businesses within housebuilding as well as other sectors. We have the Essential infrastructure potential to apply our experience wherever there is a need for high-quality essential infrastructure solution
Slide 21: Sustainability
Sustainability Building Bright Futures... ... for our … for our … for our people communities planet We see sustainability as a journey for our business alongside our We continuously invest We support the We are doing our bit to customers and suppliers, and it is in our greatest asset: communities in
Slide 22: Presentation team bios
Presentation team bios Charles Sweeney Dawn Hillman Chief Executive Chief Financial Officer Officer • Joined the Group in 2016 as Chief Operating Officer • Joined the Group in 1988 • Held additional role as interim MD of Tamdown • Various FD roles across the Group, including FD of 2016-2018 Tamdown
Slide 23: Board
Board Richard Kilner Charles Sweeney Dawn Hillman Independent Chief Executive Chief Financial Non-Executive Officer Officer Chairman Appointed to Board: 2016 Appointed to Board: 2023 Appointed to Board: 2023 Core strengths and experience Core strengths and experience Core strengths and experience •