Kbr, Inc. · NYSE:KBR
Kbr — D.A. Davidson 12th Annual Engineering & Construction Conference (September 2013)
17 slides from Kbr's conference presentation, Sep 11, 2013
Slide 1: D.A. Davidson 12th Annual Engineering & Construction Conference
D.A. Davidson 12th Annual Engineering & Construction Conference Sue Carter – Executive Vice President and CFO Ivor Harrington – Group President, Gas Monetization September 11, 2013 Zac Nagle – Vice President, Investor Relations & Communications
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains “forward-looking statements.” All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements include statements about the benefits of the split-off, the discussions of K
Slide 3: KBR – A Leading Global E&C Provider
KBR – A Leading Global E&C Provider Revenue: Full Year 2012 - $7.9 Billion Backlog: June 30, 2013 - $13.8 Billion Headquarters in Houston, Texas ~27,000 employees; 70+ countries KBR is a global engineering, construction, and services company supporting the energy, hydrocarbons, power, indu
Slide 4: KBR's Global Footprint
KBR’s Global Footprint Gothenburg Moscow Edmonton Greenford Ontario Leatherhead Atyrau Frankfurt Calgary Salt Lake City Charlotte Raleigh Baku Birmingham Wilmington Algiers Baghdad Arlington Atlanta Kuwait City Houston Mobile Dammam Beijing Monterrey Doha Dhahran Dubai MMM Abu Dhabi New Delhi Lagos
Slide 5: KBR's Four Business Groups
KBR’s Four Business Groups Infrastructure, Gas Monetization Hydrocarbons Services Government & Power Gas Monetization Oil & Gas N.A. Government & Logistics Construction LNG Offshore U.S. Federal Government Refining FLNG Onshore Department of Defense Chemicals GTL Pipelines Intern
Slide 6: Gas Monetization
Gas Monetization Current Gas Mon Projects Progressing Opportunity for GTL in the U.S. Well Active discussions with a customer and believe the Gorgon LNG Trains 1-3 project could reach FEED in 2013 Skikda LNG Escravos GTL Ichthys LNG Strong Pipeline of LNG Projects and Prospects Gorgon Tr
Slide 7: Hydrocarbons
Hydrocarbons U.S. Shale Gas Opportunities Growth in Technology Awarded an EPC contract for an ammonia plant in Continue to see strong bookings across portfolio of excess of $250 million to be constructed in North technologies, including ammonia, VCC, and ethylene America 47% job income growth
Slide 8: Services
Services Canada Operations Industrial Services Strong across variety of markets: Steady and consistent performance Turnarounds / maintenance Successful expansion into Saudi Arabia with Module fabrication SATORP to provide maintenance services at its Jubail refinery over the next seven year
Slide 9: Infrastructure, Government & Power
Infrastructure, Government & Power North American Government & Logistics Power & Industrial Slower award environment due to government budget Air quality & combined cycle opportunities still strong uncertainties and sequestration Awarded EPC for $460 million Ghent Baghouse Awarded $134 milli
Slide 10: Well Positioned for North America
Well Positioned for North America LNG and GTL Opportunities Downstream Awards & Opportunities British Columbia, Canada Awarded an EPC contract for an ammonia plant in Kitimat FEED and EPC excess of $250 million to be constructed in North America Recently awarded Petronas LNG FEED and EPC bid
Slide 11: KBR Financials and Backlog
KBR Financials and Backlog 21
Slide 12: 2Q13 Earnings Review - KBR
2Q13 Earnings Review - KBR Revenue at $2.0 billion, down 3% ,year-over-year Job income margins of 14.7% compared to 13.1%, year-over-year Business Group income of $203 million, up 9%, year-over-year Operating income of $123 million, down 5%, year-over-year Corporate G&A of $63 million comp
Slide 13: Performance Index
Backlog 220 210 200 190 180 Performance Index 170 160 150 140 130 120 110 100 90 80 2006 2007 2008 2009 2010 2011 2012 6/30/2013 Revenue Backlog Job Income Backlog Continued focus on job income backlog: Down 11% from December 31, 2012 Up 87% since December 31, 2006 13
Slide 14: Job Income Margins Improving
Job Income Margins Improving 15.0% 12.8% 12.2% First Six Months 2011 First Six Months 2012 First Six Months 2013 14
Slide 15: Strong Corporate G&A Cost Control
Strong Corporate G&A Cost Control $250 $240 $230 $220 Corporate G&A $ in Millions $210 $200 $190 $180 $170 $160 $150 2007 2008 2009 2010 2011 2012 2013 Guidance* *Note: For illustrative purposes, 2013 Guidance reflects mid-point of corporate G&A guidance of $230 million to $240 million, which includ
Slide 16: Investment Thesis
Investment Thesis Fundamentally strong, global growth company with diverse portfolio of businesses Well positioned for growing opportunities in North America Multiple platforms for acceleration of new orders across global end markets; strategically placing bets on a number of large opportuniti
Slide 17: Proud History
Proud History
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