Southern Cross Electrical Engineering Limited · ASX:SXE
Southern Cross Electrical Engineering — Investor Presentation (November 2021)
12 slides from Southern Cross Electrical Engineering's investor presentation, Nov 10, 2021
Slide 1: Investor Presentation - Insider Webcast
For personal use only Investor Presentation Insider Webcast Insider Webcast 10 November 2021 11 10 November 2021
Slide 2: Our businesses
Our businesses For personal use only Southern Cross Electrical Engineering Limited (“SCEE Group”) is an electrical, instrumentation, communications and maintenance services company established in 1978 and listed in 2007 (ASX:SXE). The acquisitions of Datatel in 2016, Heyday in 2017 and Trivantage in
Slide 3: Highlights
Highlights FY21 Operations Outlook For personal use only Work mix changed as resources activity Rio Tinto Gudai-Darri and Albemarle Targeting FY22 revenues of circa $500m increased and transport infrastructure Kemerton Lithium at high levels of activity and EBITDA in range of $29m-$33m declined Now
Slide 4: Revenue split
Revenue split Commercial largest sector by revenue For personal use only Resources revenues doubled in FY21 FY20 FY21 $415m $370m $46m $173m $130m $165m Commercial Infrastructure Resources Insider Webcast 10 November 2021 $196m $76m 44
Slide 5: Coronavirus
Coronavirus FY21 Post-FY21 For personal use only Construction was designated an essential service in all Post 30 June lockdowns on East Coast resulted in total states throughout FY21 Sydney construction shutdown for part of July and later shutdowns in Victoria Operations generally continued as plann
Slide 6: Strategy
Strategy SCEE primarily sees itself as an electrical contractor diversified across For personal use only the resources, commercial and infrastructure sectors Our growth strategy continues to be to deepen our presence in those sectors and broaden our geographic diversity This includes particularly ta
Slide 7: Resources sector
Resources sector Resources activity more than doubled on prior year as major mining For personal use only projects ramped up – added net 400 workers in second half FY21 Significant revenue contributors included Albemarle Kemerton Lithium Plant, Rio Tinto Gudai-Darri and Rio Tinto Gove – some of thes
Slide 8: Decarbonisation
Decarbonisation AFR, 1 September 2021: “…investment required to decarbonise the planet is estimated to be more than…$41 trillion” For personal use only Decarbonisation impacts resources sector two-fold: • Decarbonisation of operations – initiatives under way by multiple mining companies including Ri
Slide 9: Infrastructure sector
Infrastructure sector Wide sector for SCEE, primarily driven by governmental expenditure although some areas have varying levels of private investment For personal use only Includes transport, road, rail, utilities, defence, and telco, but also “softer” sectors such as health and aged care, educatio
Slide 10: Western Sydney International Airport
Western Sydney International Airport Recently announced Multiplex awarded Heyday contract for For personal use only electrical and communications services for the Western Sydney International Airport terminal Value of award over $100m and largest win in SCEE Group’s history Construction due to comme
Slide 11: Commercial sector
Commercial sector Commercial remained largest sector by revenue in FY21 For personal use only The Sydney CBD office construction market quieter than in recent times but there are significant targets being tendered there Recently announced Pitt Street South Tower, Bankstown City Campus, and in the AC
Slide 12: Conclusion and outlook
Conclusion and outlook • FY21 profits ahead of target with EBITDA* of $29.6m up 37.0% and NPAT of $13.8m up 26.6% on prior year For personal use only • Balance sheet remains strong with cash of $51.0m and no debt at 30 June 2021 • Increased fully franked 4.0 cents per share dividend paid on 9 Novemb
Southern Cross Electrical Engineering — Investor Presentation (November 2021) on 6ix