Imdex Ltd · ASX:IMD
Imdex — Shareholder Meeting (October 2005)
13 slides from Imdex's shareholder meeting presentation, Oct 27, 2005
Slide 1: 2005 Annual General Meeting Presentations cover letter
27 October 2005 The Manager Company Announcements Office Australian Stock Exchange Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2001 Dear Sirs 2005 ANNUAL GENERAL MEETING PRESENTATIONS The Company will hold its 2005 Annual General Meeting at 11am in Perth, today, Thursday, 27 October 2005. Th
Slide 2: Imdex Limited 2005 Annual General Meeting
IMDEX LIMITED 2005 ANNUAL GENERAL MEETING PRESENTATIONS Slide 1 IMDEX LIMITED 2005 ANNUAL GENERAL MEETING “Australia’s Globat Drilling Products & Services Company” 27 October 2005 imde) x Slide 2 = Welcome » Chairman’s Address «2005 Financial Report: Managing Director’s Presentation « Continuation o
Slide 3: Chairman's Address: turnaround, Samchem acquisition and dividend outlook
IMDEX LIMITED 2005 ANNUAL GENERAL MEETING PRESENTATIONS With the exception of Imdex Minerals, all divisions contributed towards these results and the Managing Director will talk to the results in more detail in his presentation. The earnings for FY05 represent a significant turn-around from FY04 and
Slide 4: Managing Director's Presentation: Medium-term Objectives
IMDEX LIMITED 2005 ANNUAL GENERAL MEETING PRESENTATIONS Slide 3 Managing Director's Presentation = Delivering on our Strategy = 2005 Financial Highlights = Technology — our strategic advantage = 2006 Growth strategy & Focus Managing Director’s Presentation Good morning, Ladies and Gentlemen. Imdex i
Slide 5: Progress against objectives and rates of return
IMDEX LIMITED 2005 ANNUAL GENERAL MEETING PRESENTATIONS e continuing operational and earnings improvement in all business units; e completing the re-structure of the Saudi Arabian Joint Venture; * overall improvement in Group financial performance to make Imdex a competitive investment in the Austra
Slide 6: Group Revenue
IMDEX LIMITED 2005 ANNUAL GENERAL MEETING PRESENTATIONS At the heart of our improvement has been a determination to get more from our assets throughout the company. Where the prospects did not look good enough, we took hard decisions to quit assets and replace them with alternatives that offer bette
Slide 7: Financial Performance
IMDEX LIMITED 2005 ANNUAL GENERAL MEETING PRESENTATIONS Slide 7 * * Financial Performance FYO4 FYOS $m $m Total Revenue 39.8 48.2 424% EBITDA — pre adjustments 6.9 7.3 424% Depreciation & amortisation (1.9) (1.9) EBIT -- pre adjustments 40 5.4 435% Operating margin FO.% 14.2% 9% Adjustments (7.2) (4
Slide 8: Balance sheet and Imdex Minerals sale
IMDEX LIMITED 2005 ANNUAL GENERAL MEETING PRESENTATIONS e RTE returning 10 million Imdex shares to be cancelled; and, e RTE agreeing to pay US$1.5 million in cash prior to 31 December 2005 of which US$550,000 has been received to date. Directors also wrote down the carrying value of assets on the ba
Slide 9: Samchem acquisition
IMDEX LIMITED 2005 ANNUAL GENERAL MEETING PRESENTATIONS Samchem was formed in 1983 and is based in Johannesburg. It has become a significant regional manufacturer and supplier of drilling fluids and services. It is the largest supplier of drilling fluids and chemicals to the mining industry in Afric
Slide 10: Technology: Ace Core Tool
IMDEX LIMITED 2005 ANNUAL GENERAL MEETING PRESENTATIONS Despite being a small company, we have people who are acknowledged leaders in the fields in which we do business. And, I would like to join the Chairman in congratulating all our employees for their excellence in executing the business plans in
Slide 11: Technology: Surtron's Steering Capability
IMDEX LIMITED 2005 ANNUAL GENERAL MEETING PRESENTATIONS Slide 12 Technology — Surtron’s Steering Capability « Wireless steering for coal bed methane (CBM} extraction « Services provided to CH4, BHPB & others « Australian & USA operations « Demand for CBM as aclean energy _ source is increasing world
Slide 12: FY06 outlook and sources of growth
IMDEX LIMITED 2005 ANNUAL GENERAL MEETING PRESENTATIONS The 2006 financial year has begun strongly and we are on track to meet the goals which we had set for ourselves. They included: e a15% sales increase; and, e improved EBIT margins over the 11% achieved in 2004/05. The anticipated sales growth s
Slide 13: Business Focus
IMDEX LIMITED 2005 ANNUAL GENERAL MEETING PRESENTATIONS Surtron is well placed to take advantage of likely increases in demand for steering services and its wireless equipment after establishing its credentials with major companies and projects in Queensland, New South Wales and in the USA. Fourthly