Service Stream Limited · ASX:SSM
Service Stream — Shareholder Meeting (October 2018)
14 slides from Service Stream's shareholder meeting presentation, Oct 24, 2018
Slide 1: Managing Director's AGM Presentation
Service Stream Limited Managing Director’s AGM Presentation Leigh Mackender 24 October 2018
Slide 2: Company Profile
Company Profile Service Stream Limited (ASX: SSM) is a S&P/ASX 300 company providing design, construction, installation and maintenance services across essential infrastructure networks within the Telecommunication and Utility sectors People Revenue NPAT Earnings per Dividends per Market share share
Slide 3: FY18 Group Performance
FY18 GROUP PERFORMANCE -~ |
Slide 4: Group Highlights
Group Highlights FY18 EBITDA of $67.3m … up 39% on FY17 FY18 NPAT of $41.1m … up 45% on FY17 FY18 EPS of 11.29 cps … up 45% on FY17 Financial Solid cash generation leading to Net Cash of $73.0m at 30-Jun-18 Interim and final dividends during the year of 7.5 cents per share (fully-franked)
Slide 5: Financial Performance
Financial Performance Group EBITDA Group EBIT $40 $35 ($m) 35.2 ($m) 29.5 $35 32.1 28.4 $30 $30 27.3 $25 22.2 Key financial measures $25 20.1 21.1 $20 15.7 18.6 $20 15.7 14.7 $15 12.7 11.5 $15 10.7 $ million FY18 FY17 Change 9.0 $10 7.6 $10 7.5 4.9 $5 $5 2.6 Profitability: $0 $0 Revenue 632.9 501.8
Slide 6: Safety Performance
Safety Performance Maintaining our focus on the safety of our people, our customers and the community Focus continues on maintaining a strong safety culture as operations across the business continue to grow and expand Delivered further improvements in reducing lost time injuries and severity ra
Slide 7: Business Unit Update
BUSINESS UNIT UPDATE See
Slide 8: Fixed Communications
Fixed Communications Fixed Communications Network operations, maintenance and minor works $400 $350 Revenue ($m) 301.3 $300 $250 215.6 195.3 182.0 $200 FY18 Highlights $150 $100 $50 Revenue up 39.7% on prior year driven by an increase in nbn OMMA volumes and $0 FY15 FY16 FY17 FY18 minor projects,
Slide 9: Network Construction
Network Construction Network engineering, design and construction $300 Network Construction Revenue ($m) 234.9 $250 196.8 $200 177.8 FY18 Highlights $150 139.4 $100 Revenue up 19.3% on prior year driven by increases in Wireless and nbn $50 design & construction activities under the MIMA & DCMA con
Slide 10: Energy & Water
Energy & Water Utility asset installation, inspection and maintenance $175 Energy & Water Revenue ($m) $150 $125 104.7 94.6 FY18 Highlights $100 77.3 82.0 $75 $50 Revenue up 10.7% on prior year with TechSafe’s revenue of $14.9m for the year $25 $0 impacted by a slightly slower second-half. FY15 FY
Slide 11: Group Strategy & Outlook
GROUP STRATEGY & OUTLOO aoe Ge << «nn
Slide 12: Group Strategic Pillars
Group Strategic Pillars We continue to focus on five fundamentals which drive operational effectiveness, continual improvement and support future growth CLIENT OPTIMISE OUR OUR DELIVER SERVICE DELIVERY RELATIONSHIPS DELIVERY MODEL PEOPLE GROWTH Continued focus on Continue to develop and Ongoin
Slide 13: Outlook
Outlook We anticipate growth in Group Profit during FY19, leading to EPS growth of at least 10% EPS growth subject to forecasted customer demand and excludes the impact of any capital management initiatives e.g. on-market buy back. Group performance for Quarter 1 FY19 has exceeded target, bols
Slide 14: Questions
QUESTIONS ———