Verbrec Ltd · ASX:VBC
Verbrec — Investor Presentation (September 2017)
7 slides from Verbrec's investor presentation, Sep 7, 2017
Slide 1: 2017 Full Year Results Investor Briefing
2017 FULL YEAR RESULTS INVESTOR BRIEFING SEPTEMBER 2017
Slide 2: FY17 Operational Highlights
FY17 OPERATIONAL HIGHLIGHTS RESPONDING TO A CHALLENGING MARKET • Fifteen new MSAs signed during the year including QGC, IPL, JLL, Holcim, Santos, OZ Minerals – bringing the total to 50 MSAs with approximately 35 actively generating work • Continued diversification of revenue with infrastructure repr
Slide 3: Performance Summary FY17
PERFORMANCE SUMMARY FY17 AGAINST PREVIOUS CORRESPONDING PERIOD Revenue EBITDAI NPAT $81.1m ($8.1m) ($23.6m) FY16: $108.2m FY16: ($8.4m) FY16: ($38.1m) • No major one-off projects in FY17 as clients continued to focus on sustaining capex and opex spending (FY16 benefited from $31m Roy Hill project) •
Slide 4: Technology and Innovation Projects
TECHNOLOGY AND INNOVATION PROJECTS • Continued investments in new technology solutions and commercialisation strategies to create higher margin revenue streams in FY19 and beyond • FY18 focus on continued development and commercialisation FY17 FY18 Automated Reduces design time First commercial Fina
Slide 5: FY18 Outlook
FY18 OUTLOOK • Under new CEO and CFO, organisation restructure has re-balanced client-facing resources and corporate overhead costs – Removed $8.8m in labour and $1.7m in other costs to benefit FY18 and beyond – Closed low margin Hunter Valley and Petromod businesses • Increasing client spending in
Slide 6: Investment Highlights
INVESTMENT HIGHLIGHTS • New management focused on profitable revenue/growth • Portfolio of MSAs underpin core engineering services revenue • Valuable end-to-end service offering from environmental consulting through engineering design, project management and commissioning, to competency training • I
Slide 7: Further Information
FURTHER INFORMATION INVESTOR RELATIONS OUR VALUES Flora Furness Chief Executive Officer Tel. +61 7 3058 7000 Teamwork Commitment to people REGISTERED OFFICE 200 Mary Street Can do approach Brisbane Queensland 4000 Tel. +61 7 3058 7000 Integrity WEB Delivering quality results www.logicamms.com.au MED