Sunland — FY2017 Earnings Presentation
21 slides from Sunland's earnings presentation, 2017
Slide 1: Full Year Results 2017
FULL YEAR RESULTS 2017 Sunland Group
Slide 2: Group Overview and Development Portfolio
GROUP OVERVIEW AND DEVELOPMENT PORTFOLIO
Slide 3: Sunland's vision of vibrant communities
Throughout Sunland's history, our desire to contribute to the creation of vibrant communities has set us on a path of learning as we explore how architecture and beauty can define, shape and engage the urban fabric of community life. In our pursuit of excellence, we continue to advance towards new h
Slide 4: Group Narrative and Key Milestones
G R O U P N A R R AT I V E A N D K E Y MI L E S T O N E S CHAPTER ONE CHAPTER TWO CHAPTER THREE CHAPTER FOUR CHAPTER FIVE CHAPTER SIX 1983—1990 1991—1999 2000—2005 2006—2009 2010–2015 2016–BEYOND PIONEERING YEARS CREATIVE INNOVATION NATIONAL EXPANSION GLOBAL GROWTH STRATEGIC EVOLUTION NEW HORIZONS [
Slide 5: National Portfolio
N AT I O N A L P O R T F O L I O The Group’s portfolio comprises 5,601 residential homes, urban land lots and multi- storey apartments, representing $3.9 billion.* RESIDENTIAL MULTI-STOREY URBAN TOTAL HOUSING # # # # 2,756 1,361 1,484 5,601 $M $M $M $M 2,676 951 298 3 ,925 *THIS FIGURE IS BASED UPON
Slide 6: FY Key Results
F Y 17 K E Y R E S U LT S S UNLAND IS WELL POSIT IONED T O CA PITA LISE ON T HE DELIVERY OF THE STR ATEGIC SI TES ACQUIRED IN RECENT YEA RS, PA RT ICULA RLY IN SOUT H- EAST QUEENSL A ND A ND AC ROSS THE GROUP’S SUBSTA NT IA L MULT I- ST OREY DEVELOPMEN T P OR TFOLIO. STRONG FINANCIAL RESULT UNDERPIN
Slide 7: FY Milestones: Capital Management and Portfolio
F Y 17 M I L E S T O N E S CAPITAL MANAGEMENT PORTFOLIO ■■ The Group’s combined share buy back programs commenced ■■ The portfolio is weighted towards South-East Queensland. during 2009 and have reduced the issued shares by more ■■ The re-emergence of the multi-storey portfolio has a than 50% at an
Slide 8: Portfolio Under Construction & Coming Soon
PORTFOLIO UNDER CONSTRUCTION & COMING SOON UNDER CONSTRUCTION COMING SOON BRISBANE THE HILLS RESIDENCES residential housing TOWNSVILLE B AYS ID E u r b a n d e v e lo p m e n t G R AC E ON C O RON AT ION m u lt i - s to r e y GOLD COAST ARBOUR RESIDENCES residential housing AER RESIDENCES m u lt i -
Slide 9: Financial and Operational Review
F IN A N C I A L A N D O P E R AT I O N A L R E V I E W
Slide 10: Financial Performance
FINANCIAL PERFORMANCE RESIDENTIAL HOUSING AND URBAN DEVELOPMENT KEY FINANCIAL HIGHLIGHTS FOR PERIOD ENDING 30 JUNE 2017 ■■ Residential housing and urban development continues to provide a sound $M F Y17 FY16 % CHANGE earnings profile and will be strategically complemented by the multi-storey TOTAL R
Slide 11: Operational Review — Sales and Settlements
O P E R AT I O N A L R E V I E W — S A L E S A N D S E T T L E M E N T S HISTORICAL SALES VALUE AND VOLUME (YEAR ENDING 30 JUNE 2017) AVERAGE SALE PRICE (YEAR ENDING 30 JUNE 2017) 500 500 1200 1200 800 800 509.0 509.0 700 700 718.3 718.3 675.0 675.0 400 400 1000 1000 389.0 389.0 600 600 618.4 618.4
Slide 12: Operational Review — Projects Under Construction
O P E R AT I O N A L R E V I E W — P R O J E C T S U N D E R C O N S T R U C T I O N 281458 PROJECTS UNDER CONSTRUCTION BY SEGMENT (AS AT 30 JUNE 2017) UNSE TTL ED CONTRACTED % CONTRACTED LOTS LOTS LOTS 28% MULTI-STOREY $206M # $M # $M # $M VALUE OF MULTI-STOREY 161 206 94 151 58% 74% UNSETTLED LOTS
Slide 13: Operational Review — Total Development Portfolio
O P E R AT I O N A L R E V I E W — T O TA L D E V E L O P M E N T P O R T F O L I O URBAN $298M 68626 TOTAL DEVELOPMENT PORTFOLIO BY SEGMENT (AS AT 30 JUNE 2017) HOUSING 8% $951M TO BE UNDE R TOTAL DE V E LOPMENT 24% RE L E ASED CONSTRUCTION PORTFOLIO # ( $M) # $M # $M VALUE OF TOTAL MULTI-STOREY 2,
Slide 14: Outlook
OUTLOOK
Slide 15: Outlook
OUTLOOK SUNLAND ENTERS FY18 in an active phase of delivery, with 14 residential projects under construction in Queensland, New South Wales and Victoria. STRONG CASHFLOW generated from the settlement of significant projects, including the luxury Abian residential tower in the Brisbane CBD, will assis
Slide 16: Portfolio Details
P O R T F O L I O D E TA I L S
Slide 17: Portfolio Under Construction
PORTFOLIO UNDER CONSTRUCTION PORTFOLIO UNDER CONSTRUCTION YIELD SETTLED LOTS UNSETTLED LOTS CONTRACTED LOTS UNSOLD LOTS ( #) ( $M) ( #) ( $M) ( #) ($ M) (# ) ($ M) (# ) ($ M) MULTI STOREY ABIAN, QLD 150 $240.3 99 $120.3 51 $120.0 51 $120.0 0 - ROYAL PINES - MARINA CONCOURSE, QLD 110 $85.5 0 $- 110 $
Slide 18: Portfolio To Be Released
PORTFOLIO TO BE RELEASED PORTFOLIO TO BE RELEASED YIELD SETTLED LOTS UNSETTLED LOTS CONTRACTED LOTS UNSOLD LOTS ( #) (M) ( #) (M) ( #) (M) (# ) (M) (# ) (M) MULTI-STOREY INGLESIDE - ELANORA, NSW 72 $60.6 72 $60.6 72 $60.6 GRACE ON CORONATION, QLD 558 $489.8 558 $489.8 558 $489.8 ONE MARINE PARADE, Q
Slide 19: Project Settlement Timeline — Under Construction
PROJECT SETTLEMENT TIMELINE PORTFOLIO UNDER CONSTRUCTION FY18 FY19 FY20 FY21 & BEYOND MULTI-STOREY ABIAN, QLD MARINA CONCOURSE, QLD HOUSING CARRÉ RESIDENCES, VIC THE GARDENS, VIC PAVILIONS, QLD THE LAKES RESIDENCES, QLD THE TERRACES, QLD MAGNOLI RESIDENCES, QLD ANCORA, QLD SHEA RESIDENCES, QLD THE H
Slide 20: Project Settlement Timeline — To Be Released
PROJECT SETTLEMENT TIMELINE PORTFOLIO TO BE RELEASED FY18 FY19 FY20 FY21 & BEYOND MULTI-STOREY MARINER'S COVE, QLD GRACE ON CORONATION, QLD ONE MARINE PARADE, QLD GREENMOUNT RESIDENCES, QLD 272 HEDGES AVENUE, QLD MAGNOLI APARTMENTS, QLD THE LAKES, QLD HOUSING INGLESIDE - ELANORA, NSW INGLESIDE - MON
Slide 21: Sunland Group
Sunland Group ESTABLISHED