Slide 1: Full Year 09/10 Presentation
@USENENINCETING Full Year 09/10 Presentation 16 August 2010 eS yy WESTECH
Slide 2: Overview - another record profit
Overview - another record profit For personal use only Another record full-year profit with increases in key profit measures in FY10 Improved efficiencies in Australia lifted profit levels and productivity through better capacity utilisation Higher-margin South American and Middle East operations al
Slide 3: Financial results snapshot FY05-FY10
Financial results snapshot FY05-FY10 For personal use only Revenue ($m) EBIT*($m) CAGR FY05-FY10: 32% CAGR FY05-FY10: 67% 200 30 180 160 25 140 85 20 120 2H 15.5 77 9.5 2H 100 1H 15 80 10.1 1H 63 60 10 28 95 40 23 12.1 11.0 67 5 4.0 23 43 7.0 20 29 15 26 2.7 3.3 0 1.5 0.5 0 FY05 FY06 FY07 FY08 FY09
Slide 4: Financial results FY10
Financial results FY10 For personal use only Overall revenue levels for the year were down due to the after-effects of the GFC in the first half of the year, but solid gains in key operating margins were FY 10 FY 09 achieved $m $m Change Improved business conditions in Australia in the first half re
Slide 5: Balance sheet FY10
Balance sheet FY10 For personal use only Significantly strengthened balance sheet at June 2010, following completion of the $31m capital raising in July 2009 and the group’s expansion into South Jun 10 Jun 09 America $m $m Change Working capital 13.86 7.87 +76% Underlying solid operational performan
Slide 6: Australian operations
Australian operations For personal use only East Coast: Region impacted to a lesser extent by the GFC in the first half of the year with Bowen Basin and particularly Hunter Valley-based miners and mining operators maintaining elevated levels of activity Strong order intake towards the end of the fir
Slide 7: American operations
American operations For personal use only North America: Very subdued economic conditions led to reduced demand for mining equipment throughout the FY10 year Output from the major OEM’s production facilities in North America was largely exported to Asia, Australia and South America Reduced levels of
Slide 8: Middle East operations
Middle East operations For personal use only Two large projects (c.USD 6m each) completed in the first half of FY10 for the manufacture and installation of busbars and rectifiers for an aluminium smelter in the region Very good operational performance achieved, with the projects being completed on o
Slide 9: Ongoing business development plans
Ongoing business development plans For personal use only Growth through acquisitions and establishing new operations to remain a key strategic focus for Austin in order to broaden and expend revenue streams Acquisition of the Pilbara Hire business in Western Australia was the first of a number of st
Slide 10: Outlook
Outlook For personal use only Further strengthening expected across most of the mining services sector in which Austin operates Activity in the Australian mining sector expected to remain strong particularly in the west coast and with the east coast picking up again in the second half of the year No
Slide 11: World's largest non-OEM designer and manufacturer of mining dump truck bodies
austinengineernng. usSe@ioniy @ < (eS) Y) ae @) (or s__WORLD’S LARGEST NON-OEM CDESIGNER AND MANUFACTURER _OF MINING DUMP TRUCK BODIES for more information please visit www.austineng.com.au