Slide 1: AVADA Group Limited Acquisition of Construct Traffic
AVADA Group Limited Acquisition of Construct Traffic 20 June 2022
Slide 2: Important notice and disclaimer
Important notice and disclaimer This document dated 20 June 2022 has been prepared by AVADA Group Limited (ACN 648 988 783) (the Company) and is provided for information purposes only. It contains summary information about the Company and its activities and is current as at the date of this document
Slide 3: An overview of Construct Traffic
An overview of Construct Traffic LEADING PROVIDER OF TRAFFIC MANAGEMENT SERVICES IN VICTORIA Construct Traffic (“Construct”) was established in 2007 and is headquartered in Tullamarine, Melbourne. Construct provides traffic control and work zone safety throughout Melbourne and Victoria Client base w
Slide 4: Strategic rationale
Strategic rationale A PLATFORM FOR FURTHER GROWTH DELIVERED THROUGH REGIONAL EXPANSION Establishing a presence in Victoria of a size and capability on which to build scale in the region Delivering Benefits of diversification of existing footprint and customer base on goals of geographical expansion,
Slide 5: Strategic rationale: post acquisition service network and capability
Strategic rationale POST ACQUISITION SERVICE NETWORK AND CAPABILITY ` Delivering on goals of geographical expansion, consistent with the strategy of Vehicles Traffic Controllers Depots AVADA QLD(1) 632 1,213 19 NSW(1) 192 408 7 VIC 131 342 1 Total 955 1,963 27 Notes: (1) As at 31 December 2021 AVADA
Slide 6: Pro forma income statement
Pro forma income statement Pro forma summary income statement AVADA $m FY22F(1) Construct (2) Combined Low High Low High Revenue 138.2 138.7 34.5 172.7 173.2 Gross Profit 29.3 29.4 7.6 36.9 37.0 Gross margin 21.2% 21.2% 22.0% 21.4% 21.4% EBITDA 12.6 13.0 5.0 17.6 18.0 Accretive EBITDA % 9.1% 9.4% 14
Slide 7: Deal metrics
Deal metrics Pro forma leverage ratios $m AVADA Construct Combined Low High Low High EBITDA - FY22 (refer prior page) 12.6 13.0 5.0 17.6 18.0 Adjustment: IFRS 16(1) (1.3) (1.3) (0.1) (1.4) (1.4) Indicative annualised EBITDA 11.3 11.7 4.9 16.2 16.6 Pro forma indebtedness Available at completion facil
Slide 8: Trading update & business outlook
Trading update & business outlook Significant pipeline into FY23 from deferred work (weather impacted) Continued investment in fleet for a stronger asset base Organic growth and further acquisitions targeted for earnings growth. Significant pipeline from work deferred Active margin improvement throu
Slide 9: Contact Us
Contact Us Avada Group Limited ABN 57 648 988 783 c/o Kern Group Level 22 / 300 Queen Street Brisbane QLD 4000 T 1300 321 995 E contact@avadagroup.com.au avadagroup.com.au
Slide 10: avadagroup.com.au
avadagroup.com.au ABN 57 648 988 783