Bsa Limited · ASX:BSA
Bsa — Shareholder Meeting (November 2016)
16 slides from Bsa's shareholder meeting presentation, Nov 29, 2016
Slide 1: Annual General Meeting 29 November 2016
bsa- think.build.connect.maintain Annual General Meeting 29 November 2016
Slide 2: Chairman's Address
For personal use only Chairman’s Address Ladies & Gentlemen, Nicholas Yates will provide an overview of the operations and financial performance of the business in the previous year. I want to provide an overview of the journey we have been on and provide some insights into the strategic priorities
Slide 3: Business units repositioned and vision
For personal use only As you will have noticed in our Annual Report and subsequent market announcements, our Business Units have been repositioned, as follows: • Our Construction Business, Technical Design and Construction Projects became BSA | Build. • Our Telecommunications Business, Technical Fie
Slide 4: Executive team appointments
For personal use only To make this vision and Strategic Intent a reality, we have augmented our executive team, with the appointments of Roelof van Rooyen to run our Build business and Tim Harris as our Chief Operating Officer, both focused on operational excellence and margin improvement 4
Slide 5: Three core principles and priority outcomes
For personal use only As part of our planning, the Board and management have identified three core principles (with 3 priority outcomes) that we intend to measure ourselves against. These three core principles are: • Focus and bias towards businesses with strong cash generation. • Having long term d
Slide 6: Managing Director's Address
bsa Managing Director’s Address Nicholas Yates Chief Executive Officer & Managing Director 29/11/2016 BSA 2016 Annual General Meeting 6
Slide 7: Safety Performance
For personal use only (MANAGING DIRECTOR) Thank you Michael. Ladies and gentlemen, I am going to start by talking about our Safety Performance. As always, safety of our staff and technicians remain at the forefront of everything we do. The safety culture at BSA has always been strong and fundamental
Slide 8: FY2016 results and key highlights
For personal use only I am pleased to present an overview of our FY2016 results and key highlights for the year. • Revenue $511.9 million (FY15 $544 million) albeit with an improved revenue mix (improved bias toward annuity revenue). • EBITDA $4.1 million (FY15 $14.2 million); noting that EBITDA res
Slide 9: Results excluding significant items
For personal use only I have mentioned the impact of significant items on the FY2016 results. I believe it is helpful to identify results both with and without the impact of these significant items, and to that end: • FY2016 EBITDA excluding significant items $18.6m (2015: $18.4m). • FY2016 NPAT exc
Slide 10: Annuity revenue mix
For personal use only As mentioned by our Chairman, part of our strategic plan continues to be the realignment of our revenue mix focussed on increasing our overall proportion of annuity style revenues. As shown by the graph on screen, we have made moves in the right direction during the year, and w
Slide 11: BSA | Build results
For personal use only In relation to BSA | Build, the BU achieved revenue of $226.4million and an EBITDA loss of $1.5m. Substantial incremental costs relating to commissioning and completion at the new Royal Adelaide Hospital of $7.5m were incurred during the year as well as legal costs relating to
Slide 12: BSA | Maintain update
and Housing Corporation NSW Maintenance, Metronode, Global Switch, Barangaroo and Yarra Fertilisers. BSA | Maintain, under the BSA | Think banner, continued to build multi-service offering including bundled services across mechanical, fire, electrical, plumbing and building repairs along with expans
Slide 13: Key objectives progressed
For personal use only As shown on the screen, we have progressed a number of key objectives throughout the year. We have worked towards stabilising the business and to that end, signed a new 3 year banking agreement in January, embedded new metrics within each of the business units and repaid term d
Slide 14: The year ahead
For personal use only The year ahead looks positive, as a result of streamlining and consolidation activity undertaken throughout FY2016, the business is well placed to take advantage of opportunities that arise. The resolution of a number of legacy issues, including nRAH, will also allow further ma
Slide 15: FY2017 outlook
For personal use only • Further streamlining and optimising of Business Units in progress under our new Chief Operating Officer. • Successful resolution of nRAH legacy issue will free up management time to focus on Business as Usual. • Markets remain stable or improving with Telco and Fire particula
Slide 16: Important Notice
Important Notice bsa° This presentation has been prepared by BSA Limited (the “Company’) and provides general background information about the Company's activities. That information is current at the date of this presentation. The information is a summary and does not purport to be complete. This pr