Slide 1: 2012 Half Year Results
For personal use only 2012 Half Year Results 21 February 2012 Safety and Wellbeing | Integrity | Achievement | Teamwork | Loyalty
Slide 2: Company Profile
For personal use only Company Profile Monadelphous Group Limited (ASX:MND) is an S&P/ASX 100 company that provides construction, maintenance and industrial services to the resources, energy and infrastructure sectors throughout Australasia Market People Revenue Earnings per Dividends per capitalisat
Slide 3: Group Highlights
For personal use only Group Highlights Sales revenue up 26% to $879m Financial EBITDA^ up 23% to $90.7m NPAT up 26% to $57.5m, EPS up 25% to 65.4c, DPS up 25% to 50c Included in the S&P/ASX 100 index Divested Norfolk stake (February 2012) Strong demand across all key markets Operating
Slide 4: Contract Activity
For personal use only Contract Activity 4 www.monadelphous.com.au
Slide 5: Contracts Secured
For personal use only Contracts Secured 5 www.monadelphous.com.au
Slide 6: People Performance
For personal use only People Performance Highlights Employee numbers at record levels Continued implementation of initiatives aimed at attraction, development and retention New long-term employee incentive program 6 www.monadelphous.com.au
Slide 7: Safety Scorecard
For personal use only Safety Scorecard TCIFR LTIFR The Safe Way is the Only Way 12 month moving average No LTIs recorded in the period TCIFR improved 24% on previous half Continued implementation of Safety Leadership Program 7 www.monadelphous.com.au
Slide 8: Financial Performance
For personal use only Financial Performance HY12 HY11 Change Sales Revenue $m 879.5 700.1 +25.6% EBITDA^ $m 90.7 74.0 +22.5% EBITDA Margin % 10.3 10.6 -0.3pp* NPAT $m 57.5 45.5 +26.3% NPAT Margin % 6.5 6.5 0pp* EPS cps 65.4 52.3 +25.0% Operating Cash Flow $m 68.4 61.5 +11.2% DPS (Fully Franked) cps
Slide 9: Financial Position and Funding
For personal use only Financial Position and Funding Dec 11 Dec 10 Change Cash at Bank $m 181.6 161.9 +12.2% Net Cash Position $m 136.9 129.1 +6.0% (Cash less interest bearing loans and borrowings) Capital Expenditure $m 27.3 17.6 +55.1% (Cash and Hire Purchase) Capital Expenditure Commitments $m 56
Slide 10: Historical Performance
For personal use only Historical Performance Sales Revenue ($M) EBITDA ($M) Net Profit After Tax ($M) +25.6% +22.5% +26.3% Earnings Per Share (Cents) Dividends Per Share (Cents) Net Cash Position ($M) +25.0% +25.0% +6.0% 10 www.monadelphous.com.au
Slide 11: Cash Flow Performance
For personal use only Cash Flow Performance Operating Cash Flow ($M) Cash Flow Conversion (%) Cash flow conversion (%) = cash flow (ungeared, pre-tax)/EBITDA 11 www.monadelphous.com.au
Slide 12: NPAT Contribution Analysis
For personal use only NPAT Contribution Analysis NPAT Contribution ($M) 12 www.monadelphous.com.au
Slide 13: Divisional Sales Revenue Summary
For personal use only Divisional Sales Revenue Summary HY12 HY11 Change Engineering Construction $m 480.1 466.8 +2.8% Maintenance Industrial Services $m 311.3 188.1 +65.5% Infrastructure $m 96.3 72.0 +33.8% Internal Eliminations $m -8.2 -26.8 Total $m 879.5 700.1 +25.6% 13 www.monadelphous.com.au
Slide 14: Engineering Construction
For personal use only Engineering Construction Highlights Sales Revenue ($m) Sales Contribution (%) Awarded $1,075m in new contracts MMMJV awarded first marine construction contract for WICET Two Rio Tinto Iron Ore Framework Agreements (subsequent to reporting period) Commitment for 11 crane
Slide 15: Maintenance and Industrial Services
For personal use only Maintenance and Industrial Services Highlights Sales Revenue ($m) Sales Contribution (%) Exceptional sales revenue growth of 66% to $311.3m Significant increase in service volumes on existing contracts Strengthened presence across Bowen Basin coal operations $220 millio
Slide 16: Infrastructure
For personal use only Infrastructure Highlights Sales Revenue ($m) Sales Contribution (%) Sales revenue up 34% to $96.3m Strong growth in pipeline services Awarded $100m in new contracts Expansion into power through acquisition of PearlStreet Major Projects Underway Major Projects Won Chev
Slide 17: Australian Market Conditions
For personal use only Australian Market Conditions Source: BIS Shrapnel August 2011 17 www.monadelphous.com.au
Slide 18: Outlook
For personal use only Outlook Historically high level of resources and energy projects currently in execution phase At this stage, sales revenue growth for FY 2012 expected to be similar to H1 2012 $1.4b in new contracts secured during H1 2012 will provide continuing strong revenue visibility
Slide 19: Non-IFRS Financial Information
For personal use only Non-IFRS Financial Information Monadelphous Group Limited results are reported under International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board. The Company discloses certain non-IFRS measures that are not prepared in accordance
Slide 20: Disclaimer and Important Notice
For personal use only Disclaimer and Important Notice Information, including forecast financial information, in this presentation, should not be considered as a recommendation in relation to holding, purchasing or selling shares, securities or other instruments in Monadelphous Group Limited or any o
Slide 21: Contact Information
For personal use only Contact Information www.monadelphous.com.au Information for Investors/Analysts: Rachael Cutler, Investor Relations Manager Telephone: +61 (08) 9315 7429 Email: rcutler@monadel.com.au 21 www.monadelphous.com.au
Slide 22: 2012 Half Year Results
For personal use only 2012 Half Year Results 21 February 2012 Safety and Wellbeing | Integrity | Achievement | Teamwork | Loyalty