Tamawood Limited · ASX:TWD
Tamawood — Investor Presentation (March 2015)
15 slides from Tamawood's investor presentation, Mar 18, 2015
Slide 1: ASX Announcement: Tamawood Investor Presentation
18 March 2015 For personal use only ASX Announcement Tamawood Investor Presentation Sydney and Melbourne Australia, 19 & 20 March 2015 – Tamawood Limited (ASX: TWD) is pleased to release a copy of the presentation that Mr Robert Lynch, Chairman and Managing Director, Mr Tim Bartholomaeus will delive
Slide 2: Tamawood Limited Investor Presentation
For personal use only Tamawood Limited Investor Presentation QUALITY March 2015 ASSURED
Slide 3: The Board
THE BOARD TAMAWOOD LIMITED For personal use only QUALITY Chairman Managing Director Robert Lynch Tim Bartholomaeus Lev Mizikovsky ASSURED Non-Executive Director Non-Executive Director Andrew Thomas Non-Executive Director Rade Dudurovic Company Secretary Franchisee Manager General Manager Dixon Geoff
Slide 4: Introduction
INTRODUCTION For personal use only Dividend guidance for FY15 to total 25 cents fully franked (final dividend) (2014: total 21 cents fully franked). Tamawood delivers on 10 cent fully franked interim dividend payable on 03/06/15. QUALITY Tamawood dividend payment ratio policy of approximately 80% in
Slide 5: Key Highlights and Outlook - FY15
KEY HIGHLIGHTS AND OUTLOOK - FY15 For personal use only 35.8% increase in sales for 1H FY15 compared to 1H FY14 South East 235 sales for 1H FY15 Queensland 44.5% increase in jobs currently under construction compared to Sales Offices same time last year. One new sales office established. Increase of
Slide 6: Financial Performance
FINANCIAL PERFORMANCE For personal use only 1H FY15 1H FY14 ($m) ($m) Revenue 49.8 39.5 QUALITY Statutory Net Profit before Tax 4.8 2.7 Tax (1.6) (.9) EPS ASSURED Statutory Profit after Tax 3.2 12.56 cents 1.8 7.23 cents Interim Dividend Fully Franked 10 cents 8 cents 5
Slide 7: Balance Sheet
For personal use only PERFORMANCE 1H FY15 1H FY14 BALANCE SHEET ($m) ($m) Assets Cash 2.7 4.6 Receivables 4.5 3.0 QUALITY Inventories 8.7 6.5 Other 1 .5 ASSURED Total Assets 16.9 14.6 Liabilities Trade and Other Payables 5.4 5.7 Other 3.4 1.9 Total Liabilities 8.8 7.6 Net Assets 8.1 7 6
Slide 8: Performance
For personal use only PERFORMANCE PERFORMANCE 1HFY13 2HFY13 1HFY14 2HFY14 1HFY15 Sales South East Queensland* 162 159 173 219 235 QUALITY Sales Sydney* 0 0 14 36 50 Sales Franchise 154 91 122 135 130 ASSURED Construction Revenue 37 30 29 36 44 Revenue Other ($m) 21 7 10 6 5 Gross Profit ($m) 6.3 1.3
Slide 9: Market Outlook
MARKET OUTLOOK OUTLOOK - Housing Starts - Thousand Starts* For personal use only Forecast Change (%) Houses (,000) 2013/14 19.36 2014/15 22.65 (F) 17% Queensland 2015/16 25.20 (F) 11% 2016/17 26.83 (F) 6% 2013/14 21.07 2014/15 22.45 (F) 7% New South Wales 2015/16 22.48 (F) 0% 2016/17 21.19 (F) -6% Q
Slide 10: Cash Flow
For personal use only CASH FLOW 1H FY15 ($,000) Cash Flows From Operating Activities Receipts from customers (inc. GST) 53,251 Payments to suppliers and employees (inc. GST) (51,596) Cash gererated from operating activities 1,655 Interest received 112 QUALITY Interest paid - Income tax paid (1,202)
Slide 11: Franchise Development FY15
FRANCHISE DEVELOPMENT FY15 For personal use only KEY CURRENT FRANCHISEES SUBSIDIARY OPERATIONS PROPOSED FRANCHISEE TARGETS CAIRNS TOWNSVILLE MACKAY QUALITY ROCKHAMPTON GLADSTONE BUNDABERG HERVEY BAY WESTERN DOWNS SUNSHINE COAST BRISBANE FAR NORTH DISTRICT ASSURED GOLD COAST NEW ENGLAND NORTHERN RIVE
Slide 12: Tamawood Limited's Competitive Advantage
Tamawood Limited’s Competitive Advantage For personal use only What are the barriers to entry? • The technology platform of Dixon Homes, bundled with its growing franchisee network. • Long standing Dixon Homes brand. Who are the suppliers? QUALITY • Material suppliers are the tier-1 players, such as
Slide 13: Office Addresses
OFFICE ADDRESSES SOUTH EAST QUEENSLAND 1821 Ipswich Road, Rocklea QLD 4106 For personal use only QUALITY 992 Gympie Road, Chermside QLD 4032 4424 Warrego Highway, Plainlands QLD 4341 ASSURED 1/50 Lawrence Drive, Nerang QLD 4211 169 James St (cnr James & Neil) Toowoomba QLD 4350 684 Nicklin Way, Curr
Slide 14: Office Addresses - Franchisees
OFFICE ADDRESSES Franchisees - QLD COFFS HARBOUR For personal use only 101 West High St, Coffs Harbour NSW 2450 CAIRNS 172-174 Mulgrave Rd, Wescourt, QLD 4870 HUNTER 7-9 Brunker Rd, Broadmeadows, NSW 2292 TOWNSVILLE L536 Featherwood Street, Mount Low, QLD 4818 ILLAWARRA 158 Princess Highway, Albion
Slide 15: Disclaimer
For personal use only DISCLAIMER Tamawood Limited (ABN 56 010 954 499) and its subsidiaries (collectively ‘Tamawood’) has made every effort to ensure the accuracy of information contained in this presentation. The presentation has been prepared based on information available to Tamawood at the date