Slide 1: FY 2016 Half Year Results
For personal use only FY 2016 Half Year Results Teleconference 29 February 2016 12:00pm AWST, 3:00pm AEDT Dial-in 1800 123 296, Conference ID 5013 1477
Slide 2: Group Structure
Group Structure Industry leaders, # 1 or 2 in markets For personal use only Accommodation Recreational Vehicles Division Division Recreational vehicles, parts & accessories • Manufacturing facilities in Qld, Vic, WA and NSW • Camec – caravan parts & accessories • Osprey village, South Hedland • Flex
Slide 3: Overall Themes for 1H 2016
Overall Themes for 1H 2016 For personal use only • Strong education demand in Victoria • Rio Tinto agreement resulted in increased occupancy at Searipple • Significant headway made in entering affordable housing market • Final outcome on Osprey commercials resulted in significant debt reduction … ho
Slide 4: Accommodation Division
Accommodation Division Growth in education and affordable housing. Weak demand in mining sector. For personal use only Affordable Housing • Osprey village sold to WA Government • Increased volume in Queensland • Opportunities in WA and NSW Education • Significant demand from Victorian Transfer Progr
Slide 5: Fleetwood East
Fleetwood East Wollert Child and Family Centre (City of Whittlesea) For personal use only 5
Slide 6: Recreational Vehicles Division
Recreational Vehicles Division For personal use only Fleetwood RV (Coromal and Windsor caravan brands) • Improved design and manufacturing process • Senior management change • Modest uplift in orders Camec • Competitive pressure • Continued to develop new Asian sourced products Flexiglass • Maintain
Slide 7: Element Caravan
For personal use only Element Caravan 7
Slide 8: Financial Performance
Financial Performance Group Revenue ($m) NPAT ($m) For personal use only 27.5 188.4 176.2 185.3 144.9 194.3 190.3 27.7 7.8 148.6 157.0 147.1 8.9 1.4 0.1 4.2 3.9 -5.1 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 MA Revenue ($m) MA EBIT ($m) RV Revenue ($m) RV EBIT ($m) 124.2 108.5 64.1 67.6 38.9
Slide 9: Outlook
Outlook Recreational Vehicles Manufactured For personal use only Accommodation Affordable housing Component parts and accessories • Gateway Lifestyle volume in line with expectation • Competitive environment remains challenging • Opportunities in WA and NSW • Asian supply increasing • Consolidation