Southern Cross Electrical Engineering Limited · ASX:SXE
Southern Cross Electrical Engineering — Thorney Sydney Investment Forum 2019
11 slides from Southern Cross Electrical Engineering's conference presentation, May 14, 2019
Slide 1: Thorney Investment Forum – Company Presentations (ASX announcement)
THORNEY OPPORTUNITIES LTD ACN 080 167 264 For personal use only ASX Announcement: 14 May 2019 ASX Code: TOP THORNEY INVESTMENT FORUM – COMPANY PRESENTATIONS Please find attached a company presentation from Southern Cross Electrical Engineering Limited [ASX:SXE] being presented at today’s Thorney Inv
Slide 2: Thorney Sydney Investment Forum, 14 May 2019
For personal use only Thorney Sydney Investment Forum 14 May 2019
Slide 3: About SCEE
About SCEE For personal use only Southern Cross Electrical Engineering (SCEE) is an ASX listed electrical, instrumentation, Our Values communication and maintenance services Safety company recognised for our industry leading capabilities It’s in everything we do. Quality Established in 1978 in Weste
Slide 4: Corporate summary
Corporate summary For personal use only Capital Structure Shareholders at 26 April 2019 ASX Code SXE Thorney Investments 13.9% Share Price (7 May 2019) $0.52 Colonial First State 8.3% No. of ordinary shares 234.1m Westoz Funds Management 5.6% Market Capitalisation (7 May 2019) $121.7m Other Institut
Slide 5: Highlights
Highlights Financial Operational Outlook For personal use only Revenue $181.8m, EBITDA $9.0m and NPAT Significant wins included Westconnex M4 and M5 Stronger second half expected as certain of $4.5m motorway tunnels, multiple commercial building and fit- major projects ramped up slower than out awar
Slide 6: Strategy
Strategy For personal use only SCEE primarily sees itself as an electrical contractor. From early 2016 we have implemented a strategy to add to our historic resources business by diversifying into adjacent and complementary sectors through organic initiatives and the acquisitions of Datatel and Heyd
Slide 7: HY19 – Revenue by sector
HY19 – Revenue by sector Infrastructure grown significantly. No significant datacentre construction projects in period For personal use only HY18 HY19 $176m $182m $12m $7m $61m Resources $63m $52m Telecommunications and datacentres Public infrastructure and defence $53m Commercial Industrials, energ
Slide 8: HY19 – Revenue by geography
HY19 – Revenue by geography New South Wales and ACT continues as largest geography For personal use only HY 18 HY 19 $176m $182m $1m $2m $7m $9m $14m $60m WA $66m NSW & ACT $31m QLD NT VIC $88m $80m 7
Slide 9: Leading national diversified electrical contractor
Leading national diversified electrical contractor NT For personal use only WA Wireless networks construction QLD RAAF Tindal Rio Tinto Amrun Bauxite Project Commercial Wheatstone LNG Rio Tinto Various Arrow MSA Resources BHP Billiton Various NBN construction Sino Iron Carrier networks construction
Slide 10: Public infrastructure & defence
Public infrastructure & defence For personal use only Sector primarily driven by government expenditure Australia has infrastructure gap as forecasting 3rd highest population growth in OECD but ranked 28th for global infrastructure quality Results in significant investment in road, rail, education,
Slide 11: Conclusion and outlook
Conclusion and outlook For personal use only • Revenue $181.8m, EBITDA $9.0m and NPAT of $4.5m • EBITDA up 5%, EBIT up 30% and NPAT up 66% on prior corresponding period • Balance sheet strong with total cash of $56.2m (including $11.6m in restricted term deposit) and no debt • Total bonding capacity
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