Slide 1: Investor Presentation May 2020
For personal use only INVESTOR PRESENTATION MAY 2020
Slide 2: Company Snapshot
COMPANY SNAPSHOT For personal use only Civmec is a leading end-to-end provider of integrated, multi-disciplinary manufacturing, construction and maintenance services. ~$895 million 3 Key Sectors $264 million Contracted Order Book Book value of Property, Metals & Minerals Marine, Defence & Oil & Gas
Slide 3: Key Operating Sectors
KEY OPERATING SECTORS For personal use only METALS & MINERALS MARINE, DEFENCE & OIL & GAS • Full turnkey services, including civil, INFRASTRUCTURE • Tailored solutions for upstream and concrete, fabrication, downstream projects, including • A world-class, strategic shipbuilding modularisation, plate
Slide 4: Financial Highlights
FINANCIAL HIGHLIGHTS For personal use only 9M FY20 Q3 FY20 9M FY20 9M FY19 vs 9M FY19 • Focus in FY20 : improving business profitability and delivering strong operating Revenue A$95.5m A$261.6m A$415.1m (A$153.5m) cash flows. EBITDA A$9.8m A$27.5m A$19.4m A$8.1m NPAT A$4.0m A$12.0m A$6.9m A$5.1m • E
Slide 5: COVID-19 Update
COVID-19 UPDATE For personal use only • COVID-19 has not caused significant impact on the Group’s operations overall to date. • Proactive measures implemented have ensured health and wellbeing, continued operations, and continued employment. • Able to maintain steady project delivery while implement
Slide 6: Newly Awarded Contract
NEWLY AWARDED CONTRACT For personal use only Rio Tinto’s Robe Valley Sustaining (RVS) Iron Ore Project: Mesa A Wet Plant • Pilbara region of Western Australia • Supply, fabrication, modularisation, transportation to site, erection, modification, installation, and commissioning. • Structural, mechani
Slide 7: Other Recent Contract Awards
OTHER RECENT CONTRACT AWARDS For personal use only LAREGO OVERLAND ROY HILL RUN-OF-MINE WOODSIDE PLUTO CONVEYOR PACKAGE (ROM) PACKAGES LNG PROJECT CLIENT: Alcoa CLIENT: Roy Hill CLIENT: Worley for Woodside LOCATION: Wagerup, WA LOCATION: Newman, WA LOCATION: Burrup, WA DURATION: Apr 20 – early 21 DU
Slide 8: Ongoing Significant Projects
ONGOING SIGNIFICANT PROJECTS For personal use only ALBEMARLE KEMERTON BHP SOUTH FLANK FMG ELIWANA OFFSHORE PATROL MAINTENANCE & LITHIUM PROJECT IRON ORE PROJECT IRON ORE PROJECT VESSELS SHUTDOWN CONTRACTS CLIENT: Albemarle CLIENTS: BHP and CLIENT: FMG CLIENTS: Royal CLIENTS: Roy Hill, FMG, Thyssenkr
Slide 9: Financial Overview
For personal use only 9 FINANCIAL OVERVIEW
Slide 10: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE For personal use only Revenue (A$M) NPAT (A$M) 120 5.0 100 4.0 80 3.0 60 2.0 40 1.0 20 0 0.0 Q1 FY20 Q2 FY20 Q3 FY20 Q1 FY20 Q2 FY20 Q3 FY20 Order Book (A$M) EBITDA (A$M) 1000 12 10 800 8 600 6 400 4 200 2 0 0 FY17 FY18 FY19 Q1 FY20 HY FY20 CURRENT Q1 FY20 Q2 FY20 Q3
Slide 11: Considerable Investment in Strategic Assets
CONSIDERABLE INVESTMENT IN STRATEGIC ASSETS For personal use only Continued investment into strategic asset base Considerable investment into Property, Plant and Equipment (PPE), provides Civmec with a substantial strategic asset base. 300 250 Summary Balance Sheet Mar 2020 PPE Book Value (A$M) 200
Slide 12: Recent Performance and Activities
RECENT PERFORMANCE AND ACTIVITIES For personal use only FINANCIAL OPERATIONAL PEOPLE AND SYSTEMS • Continued stability in net profit, with • Major projects continue to advance: • Future-proofing workforce with return for Q3 at A$4.0m, consistent ‒ full vertical delivery of the primary extensive grad
Slide 13: Future Outlook
FUTURE OUTLOOK FOCUS • Maximise utilisation of assets, plant and equipment - return OPPORTUNITY • Continuous strong pipeline of opportunity across For personal use only on capital investment. manufacturing, construction and maintenance. • Ensure highest standards of quality and efficiency within • C
Slide 14: Thank You
For personal use only THANK YOU