Slide 1: EVZ Group Half-Year Results for 6 months ending 31 December 2012
For personal use only EVZ Group Half-Year Results for 6 months ending 31 December 2012
Slide 2: Summary
Summary For personal use only • Return to profitability – EBIT of $1.6m • Continued focus on implementing clean energy strategy utilising TSF’s capabilities • CEO with clean energy credentials appointed • Operations stabilised but further progress still to be made • Difficult trading conditions rema
Slide 3: Analysis of Results
Analysis of Results For personal use only 31/12/2012 31/12/2011 % Change $ $ Revenue 28,367,063 31,577,050 -10% Expenses -26,363,562 -31,560,021 -16% EBITDA 2,003,501 17,029 117% Depreciation -364,490 -376,500 EBIT 1,639,011 -359,471 Net Finance Costs -641,584 -387,407 Non-Operating Costs -287,526 0
Slide 4: Segment Performance
Segment Performance For personal use only Segment Revenue and EBITDA for the half-year ended 31 December 2012 Engineering Power Water Corporate Consolidated $000 $000 $000 $000 $000 Revenue 13,644 5,608 9,115 - 28,367 EBITDA 1,762 -756 1,140 -143 2,003 The EVZ Group of companies | Brockman | Syfon |
Slide 5: Performance of Segment: Engineering
Performance of Segment For personal use only Engineering • Positive contribution from Brockman, in line with expectations • Won Yarra Valley Mt Ridley water tank project - $4m • Won Caltex Newport Terminal pipe/pumps/instrumentation upgrade - $4m • Shell maintenance contract through to December 2014
Slide 6: Performance of Segment: Energy
Performance of Segment For personal use only Energy • Increased focus on electricity costs and clean energy solutions has provided a significant increase in opportunities for TSF Engineering, particularly in the Co- generation and Tri-generation space • A significant improvement in the performance o
Slide 7: Performance of Segment: Water
Performance of Segment For personal use only Water • Syfon Systems continued to perform better than industry indicators and is on budget for the six months • Strong forward orders and pipeline of projects replenishing • Now established in the Western Australian market and has recently been awarded t
Slide 8: Performance of Segment: Overall
Performance of Segment For personal use only Overall • Market is tight and project initiation can be lengthy • Operations are now stable, more work to do before closure of this chapter • Clean Energy Strategy has been commenced, opportunities being sought in DBOOM space • Engineering sector continui
Slide 9: Platform for Growth
Platform for Growth For personal use only • Clean energy strategy remains the focus – enquiry level good • Targeting DBOOM Energy opportunities • Reducing reliance on traditional construction segment • Succession plan underway • Focus on business development across all businesses • Asian growth stra
Slide 10: Co-generation
Co-generation For personal use only The EVZ Group of companies | Brockman | Syfon | TSF
Slide 11: Tri-generation
Tri-generation For personal use only The EVZ Group of companies | Brockman | Syfon | TSF
Slide 12: Bank Facilities Update & Dividend Policy
Bank Facilities Update & Dividend Policy For personal use only Bank Facilities The Group continues to meet the covenant conditions of the restructured facility. Dividends The Directors believe it prudent not to declare a dividend. They remain committed, however, to returning the Group to a dividend
Slide 13: Disclaimer
Disclaimer For personal use only This presentation has been prepared by EVZ Limited for professional investors. The information contained in this presentation is for information purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The