Slide 1: Brokers Presentation cover letter
1 March 2005 The Manager Company Announcements Office Australian Stock Exchange Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2001 BROKERS PRESENTATION Dear Sirs T attach a copy of the presentation to be made to brokers today in Sydney. Yours faithfully Imdex Limited Stephen J Lyo Company Secr
Slide 2: Presentation of 1st Half Results to 31 December 2004
Imdex Limited - 1st Half Results Presentation: March 2005 Presentation of ist Half Results to 31 December 2004 Warek. 2008 “Australia’s Global Drilling Products & Services Company” « Company Profile «.Core Business Overview « Strategy « Key Driver - Exploration Expenditure « Financials: Performance
Slide 3: Company Profile and Core Business Overview
Imdex Limited - 1st Half Results Presentation: March 2005 Company Profile « The Imdex Group. consists of four operating companies/divisions - 125 employees " Australian Mud Company Pty.Ltd (AMC) « Surtron Technologies Pty Ltd (Surtron) " Ace Drilling Supplies (Ace) " Imdex Minerals « Imdex’s core bu
Slide 4: Strategy and Key Driver - Exploration Spending
Imdex Limited - 1st Half Results Presentation: March 2005 Strategy « Main Strategy: Transform a diverse local. company into a focused global company providing drilling products & services to the oil & gas, mining, water well and civil industries « Main Objective: To provide a satisfactory return to
Slide 5: World Exploration Trends - Regional
Imdex Limited - 1st Half Results Presentation: March 2005 World Exploration Trends - Regional Worldwide Exploration Spending by Region 2003- « Strong 2004($US Millions) increases in 800 Canada, Latin soo 4 America, Rest 2003 of World and @ 2004. Africa + Expenditure of US$3.55b up by 62% on 2003 tot
Slide 6: Financials: Performance Summary
Imdex Limited - 1st Half Results Presentation: March 2005 Financials: Performance Summary (0.92) (0.92) 2.20 2.25 “Bae (0.28) (0.29) at 192 1.56 “Ziv to (0.57) (0.70) Net Profit after Tax 1.35 i127 635 anon Cnc (2) Half Year Dec 2003 not adjusted for prior period overstaterments in the results of Im
Slide 7: Segment Revenue Growth
Imdex Limited - 1st Half Results Presentation: March 2005 Segment Revenue Growth Revenue Growth Half Years 2004 / 2003 Minerals Processing Drilling Fluids and Chemicals Drillling +44% Products and Services -20% +0% +20% +40% +60% In calculating revenue growth no adjustment has been made for the prio
Slide 8: Financials: Balance Sheet
Imdex Limited - 1st Half Results Presentation: March 2005 441% 10% 12% ~15% { 10% 8% 427% EP! 1.14¢ 1.05¢ +9% Notes: (a) Half Year Dec 2003 not adjusted for prior period overstatements in the results of Imdex Minerals (b) On both a."Basic’ and ‘Diluted basis (¢} Excludes the proceeds from the dispos
Slide 9: Growth Strategy
Imdex Limited - 1st Half Results Presentation: March 2005 Growth Strategy « Key. focus...is..expanding further into international ‘resources and energy markets. All need drilling fluids, drilling products and services which.means scale: « Organic growth and « Mergers & Acquisitions, eg Samchem in Af
Slide 10: Summary: On track to deliver increase in EBIT of 25% in FY05
Imdex Limited - 1st Half Results Presentation: March 2005 * On track to deliver increase in EBIT of 25% in FYO5 from underlying EBIT of $4m in FYO4 » Australian core businesses robust and set to perform strongly in the second half « ..Medium to.fong term growth in drilling products & services as Imd