Imdex Ltd · ASX:IMD
Imdex — H1 FY2006 Earnings Presentation
7 slides from Imdex's earnings presentation, Feb 21, 2006
Slide 1: Brokers Presentation cover letter to ASX
20 February 2006 Australian Stock Exchange Limited Company Announcements Office Exchange Centre 20 Bridge Street SYDNEY NSW 2001 BY ELECTRONIC LODGEMENT Dear Sirs BROKERS PRESENTATION | attach a copy of the presentation to be made to brokers in Melbourne and Sydney during the remainder of this week.
Slide 2: Imdex Limited - December 2005 Half Year Results Presentation
IMDEX LIMITED “Australia’s Global Drilling Products & Services Company” 2005 DECEMBER HALF YEAR RESULTS PRESENTATION February 2006 COMPANY OVERVIEW « Imdex is a Perth based listed company specialising in supplying drilling products and services to the mining, oi! & gas, water well and civil industri
Slide 3: Highlights and Sales Revenue
HIGHLIGHTS «" Operating revenue up 38% * Net Profit up by 133% * Operating cash flow up 83% « Earnings per share up 124% to 2.59 cents per share * Interim fully franked dividend of 1 cent per share « Bank debt repaid « Robust cash position at 31 December 05 and strong ongoing cash flow “Australia’s
Slide 4: Revenue & EBIT by Division
REVENUE & EBIT BY DIVISION Sales by Division Samchem 18% Austratian Mud Company 45% Surtron Ace Dritiing Supplies 16% EE (Diitiing Fluids & Chemicats Segment EBIT by Division Samchem 8% Australian Mud Company 44% Surtron 26% ‘Ace Drilling Supplies 28% [EEZE]] Onilling Products & Services Segment “Au
Slide 5: Drilling Fluids & Chemicals; Drilling Products & Services
DRILLING FLUIDS & CHEMICALS » Servicing mining, oil, gas, water & civil industries in Australia & internationally (Asia-Pacific, Sth America, Eastern Europe) s. Acquisition of Samchem strategic ~ Africa, diversification into environmental products, clay brick manufacturing * Integration of Samchem p
Slide 6: Balance Sheet
BALANCE SHEET 31-Dec-05 | 30-Jun-05 $000 $'000 Cash 4,694 103 Receivables 15,206 13,920 Inventory 9,060 8.356 Property, plant & equipment 8,042 5,890 Intangibles 4,144 42 Financial assets 4,400 1,475 Other assets 710 877 Non current assets held for sale - 5,125 Total assets 43,253 35,458 Payables 8,
Slide 7: Outlook
OUTLOOK * Global mining expenditure rising strongly and likely to remain strong after a number of years of under — investment « Continuing strong operating conditions in energy sectors « . Second haif of financial year expected to continued momentum of first half year « Full year result significantl