Simonds Group Ltd. · ASX:SIO
Simonds — Investor Presentation (February 2025)
12 slides from Simonds's investor presentation, Feb 17, 2025
Slide 1: 1H FY25 Half Year Results
1H FY25 Half Year Results 3 1 D E C E M B E R 2 0 2 4 GROUP
Slide 2: Acknowledgement of Traditional Custodians
Simonds acknowledges the Traditional Custodians of country throughout Australia in which we work, live and build. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.
Slide 3: Important Notice & Disclaimer
Important Notice & Disclaimer This presentation is authorised by the Board of Simonds Group Limited (Company) and is current as at the date of the cover page. It is solely based on, and should be read in connection with, information contained on other periodic and continuous disclosure announcements
Slide 4: Mobilising for future growth
1 H F Y 2 5 R E S U LT S Mobilising for future growth Delivering sustained Signed a binding Continued investment Celebrated the 75-year While the residential EBITDA result of $13.6m agreement to acquire in capability and anniversary of Simonds market in Victoria despite a challenging 100% of the iss
Slide 5: Continue to invest for long-term growth and profitability
1 H F Y 2 5 R E S U LT S Continue to invest for long-term growth and profitability • Revenue impacted by softer demand and reduce site starts; however, this was offset by continued improvement in margins and Revenue 1 EBITDA 1 increased site start values. $318.1m $13.6m • EBITDA continued to grow gi
Slide 6: Financial performance
1 H F Y 2 5 R E S U LT S Financial performance 31-Dec-24 31-Dec-23 • Revenue from continuing operations decreased due to a lower number of site starts and jobs under construction offset by $m $m improved site start values and increased productivity. Continuing operations Revenue 318.1 337.0 • Gross
Slide 7: Financial position
1 H F Y 2 5 R E S U LT S Financial position 31-Dec-24 31-Dec-23 • Net cash & Banking facilities: $32.4m, ensuring capacity for investment and operational needs. $m $m Cash / Equivalents 7.8 1.6 • Receivables: Decrease aligns with a reduction in jobs under Receivables 35.9 54.2 construction, with low
Slide 8: Cash flow
1 H F Y 2 5 R E S U LT S Cash flow • Cash performance remains strong due to continued 31-Dec-24 31-Dec-23 focus on working capital management and liquidity. $m $m Cash flows from operating activities • Cash flow from operating activities significantly improved given higher productivity onsite. Recei
Slide 9: FY25 Key initiatives
FY25 FY25 Key initiatives Continued investment in alternative channels will support future volume growth and profitability Channel diversification Commitment to Product innovation Operational sustainable profitability transformation • Expansion into medium- • Investment in new home density housing w
Slide 10: Current trading conditions & outlook
FY25 Current trading conditions & outlook • Residential margin is expected to improve further on the back of increased productivity and higher margins achieved for jobs sent to site. • Channel evolution: Growing demand for medium-density and smaller lot products, with Simonds developing several new
Slide 11: Dennis Family Homes acquisition rationale
Dennis Family Homes acquisition rationale This strategic acquisition significantly boosts scale across both metro and regional Victoria and New South Wales. This positions Simonds to capitalise on an expected residential construction rebound. Simonds will leverage the acquisition to strengthen its m
Slide 12: Thank you.
Thank you. For more information contact: Level 1, 570 St Kilda Road Melbourne VIC 3004 (+61) 3 9682 0700 simondsgroup.com.au Authorised for lodgement by Simonds Group Limited Board GROUP 1 H F Y 2 5 H A L F Y E A R R E S U LT S | 31 DECEMBER 2024 12
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