Murray & Roberts Holdings Ltd

Murray & Roberts — Investor Presentation (June 2015)

22 slides from Murray & Roberts's investor presentation, Jun 29, 2015

  1. Slide 1: Infrastructure & Building Platform Investor Presentation

    INFRASTRUCTURE & BUILDING PLATFORM Investor Presentation Jerome N. Govender 29 June 2015 ENGINEERED EXCELLENCE

  2. Slide 2: Infrastructure & Building Platform Businesses

    Platform Infrastructure & Building Platform Businesses Opencast Power Shared Infrastructure Buildings Middle East Mining Services Roads Gauteng Finance Plant HR IT Earthworks Western Cape Business Development Division HSE Accounts & Civils Namibia Payroll Botswana © Murray & Roberts 2015 | 2 ENGINEE

  3. Slide 3: Windfarm Infrastructure Specialists

    WINDFARM INFRASTRUCTURE SPECIALISTS Delivered infrastructure to Jeffreys Bay Windfarm Working on delivering infrastructure to Noupoort Khobab Loeriesfontein Preferred position on 3 others © Murray & Roberts 2015 | 3 ENGINEERED EXCELLENCE

  4. Slide 4: Shopping Centre Specialists

    SHOPPING CENTRE SPECIALISTS Delivered 7 major Shopping Malls in the last 18 months: Baywest Matlosana Dainfern Wonderpark Mall of Namibia Aus Valley Menlyn Phase 1 Menlyn Phase 2 Underway © Murray & Roberts 2015 | 4 ENGINEERED EXCELLENCE

  5. Slide 5: Chimney and Concrete Sliding Specialists

    CHIMNEY AND CONCRETE SLIDING SPECIALISTS Medupi and Kusile Chimneys © Murray & Roberts 2015 | 5 ENGINEERED EXCELLENCE

  6. Slide 6: ENGINEERED EXCELLENCE

    © Murray & Roberts 2015 | 6 ENGINEERED EXCELLENCE

  7. Slide 7: ENGINEERED EXCELLENCE

    © Murray & Roberts 2015 | 7 ENGINEERED EXCELLENCE

  8. Slide 8: ENGINEERED EXCELLENCE

    © Murray & Roberts 2015 | 8 ENGINEERED EXCELLENCE

  9. Slide 9: ENGINEERED EXCELLENCE

    © Murray & Roberts 2015 | 9 ENGINEERED EXCELLENCE

  10. Slide 10: ENGINEERED EXCELLENCE

    © Murray & Roberts 2015 | 10 ENGINEERED EXCELLENCE

  11. Slide 11: Key Platform Matters

    KEY PLATFORM MATTERS • After a number of years of losses, the Platform has been stable and profitable for 2 consecutive years • However, the Platform remains a smaller contributor to Group earnings • Overcapacity remains in all our geographic markets • Cautious re-entry into Property Development (Li

  12. Slide 12: South Africa construction climate and outlook

    A subdued construction climate and outlook indicates that the prospects for a meaningful acceleration remain weak in South Africa, despite that, large public spend is still expected Construction Confidence(1)(2)(4) Key Trends 90 15% Building & Civil Confidence Index Subdued Confidence and Investment

  13. Slide 13: Major infrastructure projects across Africa by sector

    A total of 257 major infrastructure projects are underway across Africa, down from 322 Projects in the previous year, However, the value of projects under construction increased by 46% to US$326bn Top Sectors by Region Energy & 75% Power Transport 29% US$ 9bn 35% growth Transport 25% Energy & Power

  14. Slide 14: Middle East GDP growth and construction investment

    GDP growth in the region is subdued compared to previous years, but investment is expected to proceed, particularly in Transport and Energy & Utilities sectors Real GDP Growth (%) 70 14 60 60 50 12 40 40 $Bn 28 29 30 10 20 15 10 3 8 0 Bahrain Kuwait Oman Qatar KSA UAE 6 5.0 Sport & Leisure Commercia

  15. Slide 15: Key Market & Internal Trends

    Selective SA market Value chain growth Key Market remains slow engagement will Operational opportunities in High focus on & Internal but increase Excellence Africa and BBBEE Trends opportunities margins and Middle East exist unlock work exist Short Term Focus Medium-Long Term Development Deliver Ope

  16. Slide 16: Adjusting positioning along the value chain

    The platform is adjusting its positioning along the value chain to unlock work, increase competitive advantages and improve financial returns Maintain Asset Develop Finance Design Contract Operate Asset Concept Own Property Support M&R I&B Current Services Development Gross Focus Margin 10-20% 15% 2

  17. Slide 17: Contractor Risk

    CURRENT RISK PROFILE CONTRACTING ARRANGEMENTS CONTRACTOR RISK CLIENT RISK Design Build Cost Plus % Cost Reimbursable + Target Cost Re-measurable Lump Sum Fee Rates CONTRACT TYPE OCM Middle East Buildings Infrastructure © Murray & Roberts 2015 | 17 ENGINEERED EXCELLENCE11

  18. Slide 18: Order book split by sector and region

    (EXCLUDES DEVELOPMENTS) RSA Public Outside Sector RSA Infrastructure 38% 32% Buildings 42% 58% RSA Private Sector RSA 62% 68% © Murray & Roberts 2015 | 18 ENGINEERED EXCELLENCE

  19. Slide 19: Infrastructure & Building Platform is steady

    • Infrastructure & Building Platform is steady • Its right sized for the market with an appropriate cost structure • Market remains challenging - therefore we are focused on: o Operational Excellence for margin improvement o Value Chain diversification for growth (Developments in the short term, oth

  20. Slide 20: Engineered Excellence

    © Murray & Roberts 2015 | 20 ENGINEERED EXCELLENCE

  21. Slide 21: Forward-looking statements

    This presentation includes certain various “forward-looking statements” within the meaning of Section 27A of the US Securities Act 10 1933 and Section 21 E of the Securities Exchange Act of 1934 that reflect the current views or expectations of the Board with respect to future events and financial a

  22. Slide 22: Infrastructure & Building Platform

    INFRASTRUCTURE & BUILDING PLATFORM Investor Presentation 29 June 2015 This presentation is available on http://www.murrob.com/fin_presentations.asp ENGINEERED EXCELLENCE

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