Murray & Roberts — Investor Presentation (June 2015)
13 slides from Murray & Roberts's investor presentation, Jun 29, 2015
Slide 1: Murray & Roberts Investor Presentations
MURRAY & ROBERTS Investor Presentations HJ Laas 29 June 2015 ENGINEERED EXCELLENCE
Slide 2: The Group's 2020 vision: diverse international engineering & construction group
The Group’s 2020 vision is that of a diverse international engineering & construction group focused on the natural resource market segments A Group of world class companies and brands aligned to the same purpose and vision, and guided by the same set of values with a common owner, Murray & Roberts H
Slide 3: Experienced Management Team
EXPERIENCED MANAGEMENT TEAM HENRY LAAS COBUS BESTER BEng (Mining) MBA BCom (Acc) Hons CA(SA) 31 years in sector 26 years in sector GROUP CHIEF EXECUTIVE GROUP FINANCIAL DIRECTOR Henry joined in 2001 and was Cobus joined in 2006 and appointed to the Board and appointed to the Board as as Group chief
Slide 4: Engineering and construction service offering across project value chain
ENGINEERING AND CONSTRUCTION SERVICE OFFERING ACROSS PROJECT VALUE CHAIN IN SELECTED NATURAL RESOURCES MARKET SECTORS Platform Capabilities Geography Project value chain • Detailed engineering • Australasia • Procurement • Asia Design and Oil & Gas • Construction • Americas Engineering / • Commissio
Slide 5: Improved returns through business model diversification
IMPROVED RETURNS THROUGH BUSINESS MODEL DIVERSIFICATION INCREASE CONTRIBUTION OUTSIDE CLASSIC CONSTRUCTION Typical return and margin range per value chain segment Classic Development Engineering Operations Services 50 % construction 40 % 30 % 15-45% 0-40% 20 % 0-30% 0-30% 10-20% 10 % 0-15% 5-15% 0-5
Slide 6: International diversification
INTERNATIONAL DIVERSIFICATION International diversification approach: Glasgow Geographic positioning. North Bay Permanent presence (offices) Salt Lake in regions with major City Houston opportunity in selected Dubai market segments Major clients. Accra Follow major clients on PNG project-by-project
Slide 7: Positioned for growth in target geographies
POSITIONED FOR GROWTH IN TARGET • Oil & Gas (International focus) GEOGRAPHIES − Australasia commissioning over next 3 years followed by substantial O&M and brownfields opportunities (Accenture Australia LNG Readiness Report) − Greenfield opportunities in PNG by FY17 and medium term in USA • Undergro
Slide 8: Earnings underpinned by international platforms
EARNINGS UNDERPINNED BY INTERNATIONAL PLATFORMS AS AT END-DECEMBER 14 • International platforms Revenue EBIT (Before Corporate Cost) (Oil & Gas and Underground Mining) contribute 65% of revenue and 93% of EBIT (Before Corporate 11% costs) 22% -4% • Africa-focused platforms 15% present growth potenti
Slide 9: A leading diversified international project engineering, procurement and construction group by 2020
A LEADING DIVERSIFIED INTERNATIONAL PROJECT ENGINEERING, PROCUREMENT AND CONSTRUCTION GROUP BY 2020 Strategic objectives Strategic priority • Resolve Gautrain and Dubai claims and Gautrain water ingress Grow profitability and cash flows • Enhanced EBT, free cash flow and ROICE performance Focus on i
Slide 10: Long term outlook supports natural resources focus
LONG TERM OUTLOOK SUPPORTS NATURAL RESOURCES FOCUS • Oil price is expected to recover from its current lows • Growing Australasian LNG commissioning, operations & maintenance market. Clough has largest share of Australasian commissioning market Oil & Gas • 3 additional train LNG opportunity in PNG f
Slide 11: Focusing on maximising shareholder value
FOCUSING ON MAXIMISING SHAREHOLDER VALUE • A focused international engineering and construction group • Strong balance sheet post implementation of Recovery & Growth plan • Clearly defined growth strategy and business model (A New Strategic Future) • Murray & Roberts differentiator – natural resourc
Slide 12: Forward-looking statements disclaimer
This presentation includes certain various “forward-looking statements” within the meaning of Section 27A of the US Securities Act 10 1933 and Section 21 E of the Securities Exchange Act of 1934 that reflect the current views or expectations of the Board with respect to future events and financial a
Slide 13: Murray & Roberts Investor Presentations
MURRAY & ROBERTS Investor Presentations 29 June 2015 This presentation is available on http://www.murrob.com/fin_presentations.asp ENGINEERED EXCELLENCE
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