Slide 1: Full Year Results 2023
FULL YEAR RESULTS 2023 22 AUGUST 2023 TOGETHER WE DELIVER mil Monadelphous
Slide 2: Monadelphous Profile
MONADELPHOUS PROFILE Employees and total workforce as at 30 June 2023 2
Slide 3: In Memory of John Rubino
Mi Monadelphous IN MEMORY OF JOHN UBINO 1945 - 2023 Se | a CELEBRATING THE LIFE AND THE LEGEN Calogero Giovanni (John) Battista Rubino was born in Delia, a small agricultural town in Sicily, Italy, on 26 June 1945. An only son, with three younger sisters, John made the tough decision to leave his ti
Slide 4: 2023 Group Performance and Highlights
2023 GROUP PERFORMANCE AND HIGHLIGHTS REVENUE 1 REVENUE BY END CUSTOMER REVENUE BY DIVISION ($M) $1.83 BILLION EBITDA MARGIN 2 Iron ore 31% 541.9 774.4 Engineering PER CENT Oil and gas 30% Construction 6.0 NET PROFIT AFTER TAX ATTRIBUTABLE TO EQUITY Other minerals Energy transition metals Infrastruc
Slide 5: Contracts Secured
CONTRACTS SECURED Refer to Appendices for contract details 5
Slide 6: Sustainability: People
SUSTAINABILITY PEOPLE • Key Board changes in line with long-term succession plan • People engagement survey undertaken to identify key employee motivations • Launched Respect@Monadelphous program • Talent acquisition system leveraged to provide deeper recruitment insights • Continued to foster cultu
Slide 7: Sustainability: Safety and Wellbeing
10 SUSTAINABILITY 8 SAFETY AND WELLBEING 6 3.45 TRIFR 4 0.63 SIFR 2 0.13 LTIFR 0 2020 2021 2022 2023 • Unrelenting focus on fatal risks • Serious injury frequency rate remained at historically low level • Improved infield risk management tools • Refreshed safety communication campaigns • Innovative,
Slide 8: Diversity, Community & Environment
SUSTAINABILITY DIVERSITY, COMMUNITY & ENVIRONMENT • Launched second Stretch Reconciliation Action Plan • Renewed long-term partnership with Polly Farmer Foundation • Collaboration between Indigenous Pathways Program and Madalah • Fostered partnership with National Association for Women in Operations
Slide 9: 2023 Divisional Highlights: Engineering Construction
2023 DIVISIONAL HIGHLIGHTS ENGINEERING CONSTRUCTION REVENUE BY END CUSTOMER REVENUE ($M) Iron ore 48% Infrastructure 22% Energy transition metals 16% 774.4 Other minerals 8% 541.9 Oil and gas 6% FY23 FY22 • Revenue of $541.9 million1 • Secured approximately $640 million of new work • Numerous early
Slide 10: 2023 Divisional Highlights: Maintenance & Industrial Services
2023 DIVISIONAL HIGHLIGHTS MAINTENANCE & INDUSTRIAL SERVICES REVENUE BY END CUSTOMER REVENUE ($M) Oil and gas 39% Iron ore 25% Other minerals 22% 1,298.4 Energy transition metals 12% 1,166.0 Infrastructure 2% FY23 FY22 • Record revenue of $1.3 billion • Secured approximately $1.34 billion of new con
Slide 11: Financial Snapshot
FINANCIAL SNAPSHOT Period ended 30 June FY23 FY22 CHANGE Revenue1 $M 1,828.8 1,930.0 (5.2%) Engineering Construction1 $M 541.9 774.4 (30.0%) Maintenance & Industrial Services $M 1,298.4 1,166.0 11.4% Internal Eliminations $M (11.5) (10.4) EBITDA2 $M 109.1 111.2 (1.9%) EBITDA margin % 6.0 5.8 0.2pp N
Slide 12: Industry Outlook – Australia
INDUSTRY OUTLOOK – AUSTRALIA RESOURCES CAPEX A$B 40 ENERGY (O&G) CAPEX A$B 40 35 35 30 30 Energy 25 transition 25 metals 20 20 Iron ore 15 15 10 Other minerals 10 5 5 0 0 2018 2019 2020 2021 2022 2023f 2024f 2025f 2026f 2027f 2018 2019 2020 2021 2022 2023f 2024f 2025f 2026f 2027f Source: BIS Oxford
Slide 13: Outlook
OUTLOOK • Longer-term demand expected to remain strong • Significant pipeline of prospects in resources and energy • Increasing expenditure related to energy transition • High level of activity anticipated in battery metals and iron ore • New gas construction projects in development pipeline • Heigh
Slide 14: For More Information
FOR MORE INFORMATION: Investor Relations Telephone: +61 8 9316 6386 Email: investor_relations@monadel.com.au www.monadelphous.com.au 998.4 841.1 652.9 14
Slide 15: Appendices
APPENDICES APPENDICES
Slide 16: Contracts Secured – Detail
CONTRACTS SECURED – DETAIL * Announced subsequent to 30 June 2023 16
Slide 17: Contracts Secured – Detail
CONTRACTS SECURED – DETAIL * Announced subsequent to 30 June 2023 17
Slide 18: Engineering Construction Major Projects 2023
ENGINEERING CONSTRUCTION MAJOR PROJECTS 2023 • Fortescue Metals Group subsidiary FMG Iron Bridge and Formosa Steel IB – Construction services at Iron Bridge Magnetite Project, Pilbara, WA • Fortescue Metals Group – Crane services, Pilbara, WA • Talison Lithium – Construction of mine services area fa
Slide 19: Maintenance & Industrial Services Major Contracts 2023
MAINTENANCE & INDUSTRIAL SERVICES MAJOR CONTRACTS 2023 • Woodside – Onshore and offshore maintenance and brownfields services for Woodside-operated gas production facilities in north-west WA, maintenance and turnarounds at Karratha Gas Plant and Pluto LNG, WA • Rio Tinto – Fixed plant maintenance se
Slide 20: Notes to Financials
NOTES TO FINANCIALS Non-IFRS Financial Reconciliation of total revenue from contracts with Information customers including joint ventures to statutory revenue FY23 FY22 from contracts with customers $M $M Monadelphous Group Limited results are reported Total revenue from contracts with customers inc
Slide 21: Disclaimer & Important Notice
DISCLAIMER & IMPORTANT NOTICE Information, including forecast financial information, in this presentation, should not be considered as a recommendation in relation to holding, purchasing or selling shares, securities or other instruments in Monadelphous Group Limited or any other company. Due care a