Weststar Industrial Ltd. · ASX:WSI
Weststar Industrial — Investor Presentation (October 2021)
20 slides from Weststar Industrial's investor presentation, Oct 20, 2021
Slide 1: Growth Plan FY22 Investor Presentation
For personal use only GROWTH PLAN FY22 INVESTOR PRESENTATION OCTOBER 2021 (ASX: WSI)
Slide 2: WSI Secured Revenue
For personal use only WSI SECURED REVENUE Revenue $200 Growth $150 Record FY22 Group Revenue A$ Million achieved, demonstrating the group’s $100 ability to secure contracts for large- scale projects $50 $0 FY2018 FY2019 FY2020 FY2021 FY2022 SIMPEC Alltype Contracted work 1. Alltype Engineering Reven
Slide 3: Highlights
Highlights Q1 FY22 FY21 For personal use only o Record cash receipts of $40.9M, a ~19% o Record Revenue ~$71.8M, a 15% increase on the last quarter (Q4 FY21: increase on the previous corresponding $34.5M) period contribution to total Group revenue by SIMPEC and Alltype o Record cash balance of $15.2
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only Current Capital Structure Shares on Issue: 975.48M Other Share Price1: $0.024 36% Board & Management Market Capitalisation: $23.41M 50% Cash2: $15.15M Enterprise Value: $8.26M Other Top 20 14% 1 Share price at 19 October 2021 2 Cash balance as at 30 September
Slide 5: WestStar FY22 'A Value Proposition'
For personal use only Undervalued compared to its peers Proven Financial Leadership Performance Team Has delivered strong Capability in delivering financial results Y-o-Y +$100m contracts WestStar FY22 ‘A Value Proposition’ A VALUE Increasing Well Positioned for Growth PROPOSITION Geographical Footp
Slide 6: About Us
For personal use only An industrial services company operating in the energy, SIMPEC is a diversified services resources, utility, defence and company specialising in construction infrastructure sectors, in and asset management services. metropolitan and remote areas, SIMPEC’s delivery capacity and
Slide 7: Step Change Growth strategy
For personal use only Step Change Growth & Growth Acquisition Strategic Scale Build reputation by Successful Step Change Execution delivering work acquisition of Growth Increased successfully, on Alltype and contract and order time and on synergies created. book size. Grow budget. Expand revenue and
Slide 8: Leadership: Chris Manea and Robert Spadanuda
CHRIS MANEA For personal use only ROBERT SPADANUDA Project Managing Director / Chief Executive Officer Chief Financial Officer • As founding Group CEO of WestStar, he oversaw the • Holds a Bachelor of Business and is a CPA with 30 Leadership formation of the business and subsequent listing on the AS
Slide 9: Significant Project Experience
For personal use only Significant Project Experience SIMPEC & Alltype have built an outstanding track record across projects managed by the major companies in their respective industries.
Slide 10: Significant Project Construction Experience
For personal use only TIANQI LITHIUM FIRST QUANTUM TALISON FMG RIO TINTO Scope: SMP and E&I MINERALS Scope: Tank D&C Scope: Jaw Scope: RDSS – Scope: Significant and Underground Crusher Shutdown Electrical and Structural/Mechanic Services – HV – Cloud Break communications al and Cable and Pits D&C an
Slide 11: SIMPEC service capabilities
For personal use only (SMP) STRUCTURAL ELECTRICAL & ASSET MANAGEMENT NON PROCESS CIVIL SOLUTIONS MECHANICAL & INSTRUMENTATION SERVICES INFRASTRUCTURE SIMPEC’s Team have PIPING SIMPEC’s highly SIMPEC offers integrated With fabrication, extensive civil and SIMPEC specialises in qualified E&I division
Slide 12: Key Recent Project Award: FMG Iron Bridge Wet Process Plant
For personal use only Key Recent Project Award FMG: Iron Bridge – Wet Process Plant KEY TAKEAWAYS • A major construction contract valued at A$145M for the construction of the wet process plant for Iron Bridge in the Pilbara region. • Represents the Group’s largest contract win to date. • Wet Plant i
Slide 13: Executive Project Summary: Iron Bridge Wet Plant
Executive Project Summary Description of Works Scope of Works For personal use only Client Name IB Operations Pty Ltd SIMPEC Prime Contractor Status • The project consists of: Project Traditional wet Iron Ore separation process plant • major module installation, Project Value ~$145 Million (ex GST)
Slide 14: Key Risks Answered
For personal use only Key Risks Answered PROCUREMENT - Free Issued materials and pre-assembled modules off site by Client CAPABILITY - Personnel handpicked with Proven Major Project Experience PEOPLE - Current workforce circa 300 (Migration), competitive rates & circa 150 personnel only required to
Slide 15: Compelling Reasons for SIMPEC Award
Port Hedland Karratha Compelling Reasons for For personal use only SIMPEC Award Perth Sydney Nimble Contractor with competitive overhead Key People – Recognised SMP, E&I capabilities, well credentialed project staff Aboriginal Engagement – FY22 Target 10% IronMerge-Simpec JV Recent Key Proje
Slide 16: Sectors served
For personal use only Oil & Gas Water Infrastructure Mining & Minerals Gas processing and production facilities, MSCL pipelines and fittings, pump Piping conveyors, trusses, tanks, pipeline facilities, compressor stations, stations, water treatment, and RO infrastructure, pump stations, steel onshor
Slide 17: Capacity to Deliver: Strong Pipeline of Major Projects
For personal use only CAPACITY TO DELIVER STRONG PIPELINE OF MAJOR PROJECTS Delivering on Strong Pipeline SIMPEC and ALLTYPE will deliver on major project contracts like Iron Bridge with capacity and capability remaining to deliver on its strong pipeline of contracts secured Highly Focussed on Stron
Slide 18: WestStar Industrial Board & Executive Team
WestStar Industrial Board & Executive Team Board For personal use only Executive • As founding Group CEO of WestStar, he oversaw the formation of the business and subsequent listing on the ASX in 2016. He has spent the last eight years establishing and successfully implementing the strategic and ope
Slide 19: Disclaimer
Disclaimer For personal use only This presentation has been prepared by WestStar Industrial Limited (ASX:WSI) (WestStar or the Company). The information contained in the presentation is summary only and should be read in conjunction with any other documents provided to you by the Company. The inform
Slide 20: Contact Details
Contact Details For personal use only Robert Spadanuda WestStar MD & CEO robert@weststarindustrial.com.au +61 8 9410 5333 Simpec AllType Level 3, 21 Kintail Road 52 Hope Valley Rd Applecross WA 6153 Naval Base WA 6165
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