Macmahon Holdings Limited · ASX:MAH
Macmahon — Euroz Hartleys Conference 2022
13 slides from Macmahon's conference presentation, Mar 9, 2022
Slide 1: Euroz Hartleys
EUROZ HARTLEYS 9 March 2022 1
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer Disclaimer as to forward looking statements The forward looking statements in this presentation reflect views consider seeking independent legal, financial and taxation advice held only as at the date of this presentation. in relation to the contents of this presentat
Slide 3: Our Business
Our Business ✓ Comprehensive range of integrated mining Established FY22 Secured Revenue1 services in Australia and Southeast Asia 1963 $1.6bn ✓ Extensive track record in surface, FY22 Revenue Guidance1 1H22 ROACE3 underground mining and mining support $1.6bn – $1.7bn services 12.9% FY22 EBIT(A) Gui
Slide 4: Our Strategic Journey
Our Strategic Journey Relative performance: Share Price vs EPS(A)1 250% 200% 150% 100% 50% EBIT(A) 0% 2 3. Diversify and grow with FY18 FY19 FY20 FY21 FY22 new and existing clients EPS(A)1 Share Price3 1.Underlying earnings from continuing operations 2.FY21 EPS(A) actual used as a proxy for FY22 3.S
Slide 5: Delivering Sustainable Growth
Delivering Sustainable Growth Updated Guidance1 Revenue ($m) 1,600 – 1,700 Underlying EBITDA ($m) CAGR2 24% CAGR 28% 1,600 Secured Guidance Guidance Guidance Guidance 620-680 950–1,050 1,300– 1,300– 1,400 1,400 239 250 181 119 710 1,103 1,380 1,351 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 Underl
Slide 6: 5 Year Strategy
5 Year Strategy Near term focus Improve Invest Diversify Expand Margins and execution Relevance and competitive Build scalability Growth in current markets advantage • Financial health • Technology • Revenue • Service offering • Contract • People • Commodities • Client portfolio • Sustainability 6 M
Slide 7: Diversifying Revenue
Diversifying Revenue FY18 Revenue Mix 1H22 Revenue Mix Target 3% 6% 7% 24% $710m $810m 70% 90% Revenue Mix 1H22 Pipeline FY18 Pipeline 1% 21% 21% 41% $5.4bn $8.7bn EBITDA Margin EBIT(A) Margin ROACE 78% p 20% p 8% p 15% 38% Surface Underground Mining Support Services 7 MACMAHON - EUROZ HARTLEYS
Slide 8: Commodity Diversification
Commodity Diversification TARGET Reducing volatility 1H22 Commodities Mix COMMODITIES Bulk Materials • Iron ore olatilit 22% • Met coal Precious Metals $810m • Gold 53% • Copper/Gold 25% Battery Metals ime • Lithium • Nickel • Copper Other Gold Copper/Gold Other • Mineral Sands • Uranium • Other 8 M
Slide 9: Client Diversification
Client Diversification KEY CLIENTS PROJECT COST CURVE1 FY18 Clients Tropicana, WA Agincourt 3% 11% AMNT 21% Telfer, WA AngloGold/IGO 14% BHP Mount Morgans, WA Dacian Newcrest Byerwen, QLD Other 15% QCoal 30% Batu Hijau, Indonesia 3%3% Foxleigh, QLD King of the Hills, WA 1H22 Clients Dawson South, QL
Slide 10: Technology
Technology Dedicated systems for surface and underground Partnering with organisations who specialise in technology In-cab monitoring using A.I. UNDERGROUND Automated data for smart decisions Remote operations / control centres Semi / full autonomous solutions SURFACE Journey to a carbon free footpr
Slide 11: People
People TRAINING AND DEVELOPMENT PROGRAM 563* >800 IN TRAINING IN TRAINING BY 30 JUNE 2022 Programs supporting new people to industry for underground and surface operations Rotating apprentices through domestic and offshore opportunities Increased capacity with our new east coast Registered Training
Slide 12: People
People OUR TOTAL NUMBER OF PEOPLE HAS INCREASED BY 16%* 4,162 7,319 AUSTRALIA GROUP Promoting growth within International opportunities Promoting a safe, respectful and inclusive culture Prioritising sexual harassment as a safety hazard Strong Minds, Strong Mines - mental, physical and social health
Slide 13: Trusted. Diversified. Experienced.
Trusted. Diversified. Experienced. Diverse mining service provider Accelerate mine technology Invest in people Robust balance sheet Well-balanced client portfolio Focus on disciplined capital management 13 MACMAHON - EUROZ HARTLEYS