Sephaku Holdings Limited · JSE:SEP

Sephaku — Shareholder Meeting (August 2014)

19 slides from Sephaku's shareholder meeting presentation, Aug 21, 2014

  1. Slide 1: Annual General Meeting Investor Presentation

    ANNUAL GENERAL MEETING INVESTOR PRESENTATION SEPHOLD REVIEW AND UPDATE EXPLORATION, DEVELOPMENT, INCOME, GROWTH : 21 August212014 www.sephakuholdings.com August 2014 1

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation includes certain forward-looking information. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements, including, without limitation, those concerning: Sephaku Holdings’ strategy; the economic outlook for the indust

  3. Slide 3: Agenda

    AGENDA Financial review Neil Crafford-Lazarus Operational update Dr Lelau Mohuba Questions EXPLORATION, DEVELOPMENT, INCOME, GROWTH www.sephakuholdings.com 21 August 2014 3

  4. Slide 4: Financial Review

    FINANCIAL REVIEW EXPLORATION, DEVELOPMENT, INCOME, GROWTH www.sephakuholdings.com 21 August 2014 4

  5. Slide 5: Salient Points for the FY2014 Period

    SALIENT POINTS FOR THE FY2014 PERIOD  SepHold overhead cash costs were contained at R13,4 million  The group achieved a profit before tax of R13,4 million  Métier performed very well as indicated by:  Revenue by 38% from R414,3 million to R571,5 million  EBIDTA by 22% from R81,6 million to R100

  6. Slide 6: Statement of Comprehensive Income 1/2

    STATEMENT OF COMPREHENSIVE INCOME 1/2  Group net loss of R2,8 million:  SepHold operating loss of R18,7 million; – R5,4 million relates to vesting of share options  SepCem loss of R40,9 million due to market entry expenditure; – SepHold’s equity-accounted loss of R14,7 million  Group finance cha

  7. Slide 7: Statement of Comprehensive Income 2/2

    STATEMENT OF COMPREHENSIVE INCOME 2/2  Group taxation of R16,2 million includes:  Métier’s of R17,8 million  Reversal of deferred taxation R1,6 million  Métier acquisition impact on FY 2013 figures:  Retrospectively adjusted amortisation of R377 330 net of tax  Amortisation of intangible asset

  8. Slide 8: Statement of Cash Flows (R'000)

    STATEMENT OF CASH FLOWS (R’000) 50 000 40 834 40 000 30 000 26 001 24 629 22 337 22 337 19 797 20 000 10 000 0 -10 000 -20 000 (22 089) -30 000 -40 000 (37 171) -50 000 Cash as at Net cash flow Net cash flow from Cash as at beginning of period from operating activities investing and financing end of

  9. Slide 9: Operational Review: Our Brand-New Plants

    OPERATIONAL REVIEW: OUR BRAND-NEW PLANTS Above: Aganang integrated plant Below: Delmas milling plant EXPLORATION, DEVELOPMENT, INCOME, GROWTH www.sephakuholdings.com 21 August 2014 9

  10. Slide 10: SepCem Commences Clinker Production

    SEPCEM COMMENCES CLINKER PRODUCTION Aganang  Aganang integrated plant commenced production of clinker on 20 August 2014 – Establishes SepCem as a key cement producer in the country Delmas  Delmas milling plant commenced production in January 2014  Capacity utilisation at 60% by end of June 2014 t

  11. Slide 11: Our First Own Clinker

    OUR FIRST OWN CLINKER EXPLORATION, DEVELOPMENT, INCOME, GROWTH www.sephakuholdings.com 21 August 2014 11

  12. Slide 12: SepCem Market Readiness Campaign

    SEPCEM MARKET READINESS CAMPAIGN Dedicated team established to execute the client management drive in its targeted bag and bulk markets Focus on delivering consistent quality cement products and offering excellent service to the market Efficient outsourced cement delivery function is a major element

  13. Slide 13: Bulk Truck Departing Delmas to Market

    BULK TRUCK DEPARTING DELMAS TO MARKET EXPLORATION, DEVELOPMENT, INCOME, GROWTH www.sephakuholdings.com 21 August 2014 13

  14. Slide 14: Our Products Always Get to the Market

    OUR PRODUCTS ALWAYS GET TO THE MARKET Production Production of of 32.5 32.5 R R cement cement at at Delmas Delmas plant plant EXPLORATION, DEVELOPMENT, INCOME, GROWTH www.sephakuholdings.com 21 August 2014 14

  15. Slide 15: Métier Successfully Expands into Gauteng 1/2

    MÉTIER SUCCESSFULLY EXPANDS INTO GAUTENG 1/2 In line with the expansion plans to increase plant footprint and gain market share in the Gauteng province , Métier to begin production at a fourth plant with a capacity of 70m³ /hour in September 2014  Métier will then have a complement of 11 plants inc

  16. Slide 16: Métier Successfully Expands into Gauteng 2/2

    MÉTIER SUCCESSFULLY EXPANDS INTO GAUTENG 2/2  Specialised concrete and Gauteng sales accounted for 29% and 40% of total sales respectively  Expansion of concrete mixer fleet size by 18% to transport additional volumes, and acquisition of an additional concrete boom pump  Maintaining gross margin

  17. Slide 17: Métier Plant

    MÉTIER PLANT EXPLORATION, DEVELOPMENT, INCOME, GROWTH www.sephakuholdings.com 21 August 2014 17

  18. Slide 18: SepHold Investment Case

    SEPHOLD INVESTMENT CASE  Technologically advanced plants with higher cost efficiencies  Profitable concrete operation providing solid earnings and positive cash flow  Strategically positioned cement producer with access to higher margin inland markets  Focused strategy on the lucrative cement ma

  19. Slide 19: Contact

    THANK YOU FOR YOUR ATTENTION AND ATTENDANCE CONTACT Sakhile Ndlovu Investor relations officer Tel: + 27 12 622 9400 Email: sakhile@sepman.co.za Website: www.sephakuholdings.co.za EXPLORATION, DEVELOPMENT, INCOME, GROWTH www.sephakuholdings.com 21 August 2014 19

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