Sims Ltd. · ASX:SGM
Sims — Sims Metal Management — Investor Presentation (September 2012)
32 slides from Sims's investor presentation, Sep 6, 2012
Slide 1: Investor Presentation September 2012
Investor Presentation September 2012 Prepared for Today, Positioned for Tomorrow Daniel W. Dienst Group Chief Executive Officer Robert C. Larry Group Chief Financial Officer MANAGEMENT
Slide 2: Disclaimer
. . SIMS Disclaimer D 26, This presentation may contain forward-looking statements, including statements about Sims Metal Management's financial dition, results of operations, earnings outlook and prospects. Forward-looking statements are typically identified by words (Csuch as “plan,” “believe,” “e
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• For personal use only Revenue ($m) Statutory NPAT ($m) Statutory EPS • Underlying EBITDA ($m) Underlying EBIT ($m) • Underlying NPAT ($m) Underlying EPS Dividends per share Intake Tonnes (million tonnes) Shipment Tonnes (million tonnes) 6
Slide 7: A Recognised Global Leader on Safety
A Recognised Global Leader on Safety D Phicce Safety remains a critical focus for SimsMM. ° Ou ° We are tireless in our efforts to be one of the safest manufacturing companies in the world and have a5 eae achieved tremendous success in our drive to create a ‘no harm’ workplace. f 500 1 -20 = * There
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Slide 9: Our Operating Space
Our Operating Space DQ ser * SimsMM occupies the critical space at the centre of a global network of generators of recyclable materials and the downstream customers who require them to make products. Supply Chain of Recycled Material Aggregators ‘wasteful’ advanced economies and market our finished
Slide 10: Drivers of Growth: Urbanisation
Drivers of Growth: Urbanisation D 26, Steel and metal intensity in the emerging economies is still many years away from peaking and equaling that of the more developed economies. Western Europe 18 5.6 4) China North America 30.9 50. 39.7 15.2 383 15.3 Middle East and Africa India 12.8 Latin America
Slide 11: Drivers of Growth
Drivers of Growth D Prose Medium case projections show an increase of two billion people 18,000 ly HIGH 15,800 "6.000 Va over the next 40 years, 14,000 requiring industrial and urban Global Population DZ development to support it. Scenarios teane MID 10,100 1 10,000 = * This represents an across the
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Slide 13: Macro Factors Still Linger: PMI and Industrial Production
Macro Factors Still Linger: PMI and Industrial Production (IP) Global PMI sonal use only dustrial Production er FOr p 60 6.0 60 4.0 20 0.0 -20 4 -40 -6.0 -80 -10.0 -12.0 Source: International Monetary Fund WEO 2012 = Advanced = Emerging Macro Implications Global PMI is a useful forward-looking stati
Slide 14: Map of Metal Recycling Supply Chain
Map of Metal Recycling Supply Chain Ol “ee lf Y y Y Our network of collection and processing yards ensures that we are positioned with market access to the most prominent and
Slide 15: E-Recycling Footprint
E-Recycling Footprint OD) itera Our Sims Recycling Solutions (SRS) e-recycling facilities are concentrated in regions possessing e-recycling legislation, pending legislation and recycling demand. Ai countries/states/Provinces with legislation ‘ v f ¢ The European e-recycling markets are well support
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Slide 18: Challenges
Challenges D Prose SimsMM’s global expansion strategy for the past 20 years focused on developing a recycling business in key source countries, principally in the large markets of North America and Europe. These large scrap generating markets were ripe for investment because they were highly fragmen
Slide 19: U.S. Scrap Industry: Weak Generation & Overcapacity
ML MANAGEMENT U.S. Scrap Industry: Oy Weak Generation & Overcapacity U.S. Shredder Statistics U.S End-of-Life Vehicle Statistics Ba) 310 270 6.0% —— | 290 + 5.5% 250 5 z 3 MM Export 230 S 2 ES + 250 E | as% 615.0 + s Shred oa 45% © ems LS, Vehicle é Shipped g g Fleet (in pr 230 5 i 210 4.0% 3 f ) Gf
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Slide 27: Financial Review: Consolidated Income Statement
Financial Review: Consolidated Income Statement D Prose 2012 2oll 2010 2009 2008 2007 2006 2005 2004 Sales ($m) 9,042.3 8,852.9 7,458.5 8,641.0 7,670.5 5,550.9 3,754.5 2,565.6 1,879.5 PBIT ($m)* 99.5 299.7 205.7 85.5 687.9 382.6 286.1 288.6 168.4 EBITDA ($m) 230.2 430.3 349.6 256.3 783.0 45711 343.3
Slide 28: Financial Review: Balance Sheet
Financial Review: Balance Sheet MAN AEMeNT FY 2012 FY 2011 Change ($) Change (%) Current Assets $ 1484.2 $ 1,766.5 (282.3) (16.0) Non-current Assets 2,135.8 2,413.3 (277.5) a.5) Total Assets 3,620.0 4,179.8 (559.8) (13.4) Current Liabilities 734.2 823.3 (89.1) (10.8) Non-current Borrowings 329.9 291
Slide 29: Building through technology and strategic investment
• For personal use only Europe • 29% • • Australasia North America 23% 48% Building through technology and strategic investment 29
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Slide 32: Questions?
D Prose Questions? For personal use only
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