Slide 1: 2015 Half Year Results Teleconference
For personal use only 2015 Half Year Results Teleconference 25 February 2015 Brad Denison, Managing Director 12:00pm WST, 2:00pm EST, 3.00pm EDT Dial-in 1800 558 698, Conference ID 692 369
Slide 2: Group Overview
Group Overview Strong track record over the business cycle Industry leaders, # 1 or 2 in markets For personal use only Accommodation Recreational Vehicles Division Division Affordable Housing, Education & Resources Accommodation Recreational vehicles, parts & accessories • Major manufacturing facili
Slide 3: Summary
Summary Improvement in two key markets, however offset by soft conditions in others For personal use only • Increased demand in Education & Affordable Housing sectors Highlights • Built Combabula village • Soft trading conditions continue in Resources • Increased competition for Recreational Vehicle
Slide 4: Operational Performance: Accommodation Division
Operational Performance: Accommodation Division Growth in education and affordable housing. Mining remains competitive For personal use only Education • Significant demand from Victorian Transfer Program • Strong demand for new buildings Resources • Subdued WA market and increased competition • Sear
Slide 5: Osprey Village – Port Hedland
Osprey Village – Port Hedland For personal use only 5
Slide 6: Operational Performance: Recreational Vehicles Division
Operational Performance: Recreational Vehicles Division Challenging competitive environment, but Asian sourced products starting to penetrate For personal use only Fleetwood RV (Coromal and Windsor caravan brands) • Competition from smaller factory direct operators • Commenced importing Asian camper
Slide 7: Coromal Appeal
For personal use only Coromal Appeal 7
Slide 8: Windsor Phantom
For personal use only Windsor Phantom 8
Slide 9: Financial Performance
Financial Performance Increased group EBIT despite tough market conditions Group Revenue ($m) NPAT ($m) For personal use only 227.6 27.5 188.4 176.2 27.1 185.3 212.1 194.3 190.3 27.7 7.8 148.6 157.0 24.3 8.9 1.4 4.2 3.9 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 MA Revenue ($m) MA EBIT ($m) R
Slide 10: Financial Performance: Improved cash flows
Financial Performance Improved cash flows Operating Cash Flows ($m) Capex ($m) For personal use only 29.7 22.0 18.2 26.2 36.5 10.7 47.6 12.4 32.8 29.1 19.2 22.9 18.5 22.7 16.6 17.3 15.3 6.2 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 Net (Debt) Cash ($m) 13.0 16.5 (11.7) (32.0) (45.6) (56.0) (
Slide 11: Outlook
Outlook Strength in education, growing affordable housing market For personal use only • Strong Education demand, particularly in Victoria • Competition remains challenging in Resources, approach being refocussed Accommodation Division • Rio Tinto agreement supports Searipple Village • Combabula & O
Slide 12: Questions
For personal use only Questions 12