Simonds Group Ltd. · ASX:SIO
Simonds — Investor Presentation (February 2022)
10 slides from Simonds's investor presentation, Feb 22, 2022
Slide 1: Results for the six months ended December 2021
Results for the six months ended 31 December 2021
Slide 2: Important notice and disclaimer
Important notice and 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 announcemen
Slide 3: 1HFY22: Overview
1HFY22: Overview • Revenue continued to grow through 1HFY22 with increased jobs on site as a result of strong sales numbers and pipeline. • 1HFY22 earnings continued to be impacted by COVID-19, in particular supply and trade availability and rates, compounded by worksite lockdown and further restric
Slide 4: FY22 half year results
FY22 half year results NPAT EBITDA1 Site Revenue1 $0.5m $5.8m Group result Starts $338.1m down $6.2m2 down $0.6m 1,1773 up $20.0m Up 5 Continued focus on workplace safety Revenue up due to increased job numbers on site (2H21 starts increased) but dampened due to Sale of Net COVID-19 restrictions on
Slide 5: Group earnings comparison
Group earnings comparison 1. In accordance with the requirements of AASB 16, the costs associated with leases of displays, commercial offices and fleet that were previously presented within EBITDA have been excluded from EBITDA shown in FY20 and 1HFY20 as these costs are now reflected within depreci
Slide 6: Balance sheet comparison
Balance sheet comparison 31-Dec-21 30-Jun-21 31-Dec-20 Earnings, and the continued focus on working capital $m $m $m management has ensured the Group has maintained a Assets relatively strong cash position Cash / Equivalents 21.5 22.8 31.1 Receivables 22.4 33.4 18.7 Accrued revenue 59.2 50.7 32.8 In
Slide 7: Cash flows for the half year
Cash flows for the half year 31-Dec-21 31-Dec-20 Receipts from customers increased with higher job $m $m numbers on site Cash flows from operating activities Receipts from customers 377.5 375.8 Increased payments to suppliers reflects the increase in trade and supplier rates due to heightened demand
Slide 8: 3 Year strategic focus for delivering shareholder value
3 Year strategic focus for delivering shareholder value Improve profitability to earn the right to grow and reclaim industry leadership. In response to the rapid and significant changes currently affecting the construction industry, the company has recognized the need to transform the business to im
Slide 9: Current trading conditions and outlook
Current trading conditions and outlook Focus on core activities and profitable sales channels Uncertainties with the ongoing COVID-19 pandemic make forward-looking statements problematic. COVID-19 impacts on 2HFY22 may include: • Ongoing supply chain impacts on the industry in general • Increased or
Slide 10: Thank you
For more information contact us at: Telephone: +61 3 9682 0700 Mailing address: Locked Bag 4002 South Melbourne VIC 3205 01 Insert divider title 3 A Insert divider title Physical address: 7 Level 1, 570 St Kilda Road Melbourne VIC 3004 www.simondsgroup.com.au Authorised for lodgement by Simonds Grou
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