Saunders International Limited · ASX:SND
Saunders International — Shareholder Meeting (November 2015)
25 slides from Saunders International's shareholder meeting presentation, Nov 18, 2015
Slide 1: Annual General Meeting 18 November 2015
© SAUNDERS INTERNATIONAL ANNUAL GENERAL MEETING 18 NOVEMBER 2015
Slide 2: Board of Directors & Key Management
| BOARD OF DIRECTORS & KEY MANAGEMENT <p TIM BURNETT MARK BENSON GREG FLETCHER MALCOM McCOMAS Chairman Managing Director / Chief Executive Officer Non-Executive Director Non-Executive Director i ROBERT PATTERSON IAN McLOUGHLIN DAVID GRIFFITHS SHARON VELTMAN General Manager - Commercial General Manag
Slide 3: Agenda
Slide 4: Chairman's Address
| CHAIRMAN’S ADDRESS | would like to take this opportunity to thank you as fellow shareholders for your continued support of Saunders during this past year. | will comment briefly on the financial result for the year ended 30 June 2015. Mark Benson, the Managing Director will comment in more detail.
Slide 5: Chairman's Address
| CHAIRMAN’S ADDRESS This strong financial position will allow us to continue on our strategy to strengthen our Engineering, Procurement, Construction capability and to diversify our facilities maintenance customer base to counter the decline in the refinery maintenance business. Earlier in FY15, Jo
Slide 6: Managing Director's Address
MANAGING DIRECTOR’S ADDRESS | would like to join with Tim and extend a warm welcome to the Saunders International AGM and my first Managing Director's presentation. As Tim has mentioned, Saunders has delivered a solid performance in challenging market conditions. Our ability to meet the challenge in
Slide 7: Our People
| OUR PEOPLE Safety Our Total Injury Frequency Rate (TIFR) reduced 50% Introduced MYOSH safety management software system 7 years LTI & MTI free at our Kwinana Refinery Site in WA No LTI’s in any division for the year Workforce + Average workforce around 150 (125-185) - Apprentices = 4 + Female work
Slide 8: Our People
| OUR PEOPLE is Saunders Topping Out Ceremony At Saunders, we have a tradition that once we reach roof high ona construction project with no injuries we place a tree on the roof & get a team photo to celebrate the milestone & achievement. = ~- = CO SAUNDERS INTERNATIONAL
Slide 9: Operating Results
| OPERATING RESULTS REVENUE - $M NPBT - $M NPAT - $M 9.1 8.3 69.4 6.4 6.3 6.3 60.5 5.8 52.7 46 43.9 45 44 2.7 f 1.9 11 12 13 14 15 11 12 13 14 15 11 12 13 14 15 | © SAUNDERS INTERNATIONAL
Slide 10: Financial Performance June 2015 June 2014
| FINANCIAL PERFORMANCE 30 JUNE 2015 30 JUNE 2014 $,000 $,000 Revenue 43,945 69,359 Net profit before tax 6,324 9,106 Net profit after tax 4,431 6,375 Net profit % 10% 9% Return on equity 23.5% 33% Earnings per share | © SAUNDERS INTERNATIONAL
Slide 11: Shareholder Returns
| SHAREHOLDER RETURNS MARKET CAPITALISATION - $M EARNINGS PER SHARE - CENTS DIVIDENDS - CENTS PER SHARE 9 8.1 75 7A 71 57 56 5 6 6 50 51 5 39 4 4 4 24 3 3 3 2 2 2 1 1 17.°«12«130~«CO 14 15 11.012 «13 «14~— (15 11°12 «13 «14°15 @ Interim Dividend Mf Final Dividend MM Special Dividend ro © SAUNDERS IN
Slide 12: Safety performance continues to improve
Safety performance continues to improve with our TIFR down to 50% Environmental AS14001:2004 Accreditation Winning three of the largest tank construction & maintenance projects in 2014 - 2015, in a competitive market: Stolthaven, Newcastle Port Bonython Fuels, South Australia BP Bulwer Terminal Conv
Slide 13: Review of Operations
Ne | REVIEW. OF OPERATIONS: 5) J pat O SAUNDERS INTERNATIONAL
Slide 14: Maintenance Division
| MAINTENANCE DIVISION FY15 Revenue $23M Performance Highlights + BP Bulwer terminal conversion + Viva Clyde terminal conversion + Kwinana refinery maintenance - Executed general maintenance work for current clients + Operating in multiple states NSW, QLD, WA, VIC & SA Opportunities + Diversify into
Slide 15: Engineering & Construction Division
| ENGINEERING & CONSTRUCTION DIVISION FY15 Revenue $20M Performance Highlights + Stolthaven Newcastle terminal - Port Bonython Fuels terminal + Operating in multiple states NSW, QLD, SA Opportunities + New terminal construction - Expansion of existing terminals + Value add projects through our EPC c
Slide 16: Geographical Revenue Distribution
| GEOGRAPHICAL REVENUE DISTRIBUTION NSW vic QLD NT WA SA INTERNATIONAL
Slide 17: CO
CO SAUNDERS INTERNATIONAL
Slide 18: Stolthaven Diesel Storage Facility Stage
Stolthaven Diesel Storage Facility Stage 2 + 2- off 36.0m dia x 17.6m high + Column supported cone roof diesel tanks CO SAUNDERS INTERNATIONAL
Slide 19: Port Bonython South Australia
| PORT BONYTHON SOUTH AUSTRALIA Port Bonython Fuels Terminal Project + 3- off 42.0m dia x 20.4m high * Column supported cone roof diesel tanks
Slide 20: BP Brisbane Terminal Conversion
| BP BRISBANE TERMINAL CONVERSION BP Bulwer Island Tank Refurbishment & Upgrade Project - 4x dome roof tanks in various sizes - 1xcone roof tank + Requiring inspection, scope, refurbishment, testing & painting O SAUNDERS INTERNATIONAL
Slide 21: Refinery Maintenance
| REFINERY MAINTENANCE Saunders have project management and execution teams carrying out term maintenance contracts on a number of refinery and brownfield sites around the country including:- * Mobil, Altona - BP, Bulwer Island » BP, Kwinana + Caltex, Lytton + Santos, Cooper Basin + Caltex, Kurnell
Slide 22: Strategy
| STRATEGY Strategic Objectives + Build the foundation for future growth + Provide direct services to clients as an EPC contractor (Engineer, Procurement, Construction) & multi discipline project execution Diversify our engineering & construction business Pursue structural mechanical & piping opport
Slide 23: Outlook
| OUTLOOK In our market guidance earlier in the week, we informed you that the pace of contract awards has been slower than anticipated. We have operated and continue to operate in a highly competitive cycle and the work in hand has been won in this environment and this will see moderation in our ma
Slide 24: Disclaimer
| DISCLAIMER IMPORTANT NOTICE This presentation has been prepared by Saunders International Limited (“Saunders”) as a summary of the Company and its operations and for general information purposes only. This presentation is not and should not be considered as an offer or invitation to subscribe for
Slide 25: Mark Benson
MARK BENSON Managing Director & Chief Executive Officer P (02) 9792 2444 E mbenson@saunders-international.com.au 271 Edgar Street, Condell Park NSW Australia 2200 Saunders International Limited ABN 14 050 287 431 saunders-international.com.au | @ © SAUNDERS INTERNATIONAL
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