Slide 1: Essential Infrastructure Solutions
Essential Infrastructure Solutions Full Year results presentation | January 2025
Slide 2: Presentation team
Presentation team Charles Sweeney Dawn Hillman Chief Executive Chief Financial Officer Officer 2 Nexus Infrastructure plc | Full year results presentation January 2025
Slide 3: Contents
Contents • Introduction to Nexus Infrastructure plc • Tamdown Group Limited • Coleman Construction & Utilities Limited • FY24 progress and strategy • Key financials • Group performance • Balance sheet • Our markets • Housebuilding • Water • Summary and close • Appendix Housing and infrastructure pro
Slide 4: Introduction to Nexus Infrastructure
Introduction to Nexus Infrastructure • Civil engineering in infrastructure sectors critical to the UK • Two operating subsidiaries • Tamdown – housebuilding sector • Coleman – water, rail, highways, rivers & marine sectors 4 Nexus Infrastructure plc | Full year results presentation January 2025
Slide 5: Tamdown Group Limited
Tamdown Group Limited • Focussed on housebuilding sector • Strong brand which has been developed over 48 years with a loyal customer base • Civil engineering of site enabling, earthworks, roads, drainage systems, trenching and foundations • Recognised for its experience and capabilities in complex,
Slide 6: Coleman Construction & Utilities Limited
Coleman Construction & Utilities Limited • Acquired October 2024 as part of strategy to diversify into other sectors • Delivering infrastructure projects for over 20 years in water, rail, highways and rivers & marine sectors • Reputation for high-quality service delivery • Projects in the water sect
Slide 7: FY24 progress and strategy
FY24 progress and strategy Growing with our customers Expanding our market Focus on financial delivery • New contracts for large • Identifying acquisition opportunities • Overheads and discretionary spend developments secured with several to expand the sectors we operate in reduced in line with targ
Slide 8: Key Financials
Key Financials Tamdown is currently delivering infrastructure and groundworks for long-standing customer, Vistry in Thanet, Kent 8 Nexus Infrastructure plc | Full year results presentation January 2025
Slide 9: Financial Highlights
Financial Highlights Revenue was Gross profit margin Operating loss reduced impacted by subdued improved to 13.7% reflecting improvement market conditions. demonstrating continuing in gross margin and improvement in delivery overhead control. and cost control. Cash will Interim dividend paid of 1p O
Slide 10: Group performance
Group performance IFRS 5 Format FY FY £m 2024 2023 • Improved financial performance with loss reduced Continuing operations • Revenue from the housebuilding sector impacted by subdued market conditions Revenue 56.7 88.7 • Strengthening of gross profit margin 13.5% due to actions taken Gross Profit 7
Slide 11: Balance sheet
Balance sheet FY FY £m 2024 2023 Property, plant & equipment 5.1 5.4 • Trade receivables reduced by over £3m Right of use assets 10.3 11.4 • Improved debtor position as planned Goodwill 2.4 2.4 • Trade payables reduced by £2m reflecting the reduction in revenue Receivables & contract assets 24.4 26.
Slide 12: Our markets
Our markets Tamdown is currently delivering infrastructure and groundworks for long-standing customer, Vistry in Thanet, Kent 12 Nexus Infrastructure plc | Full year results presentation January 2025
Slide 13: Housebuilding sector
Housebuilding sector Net Additional Dwellings • Fundamentals are strong • Long-term undersupply of housing • Government target total 370,000pa • Significant increase in housebuilding required • Positives • Government initiatives – high profile • Increasing trend mortgage approvals • Improving sales
Slide 14: Water sector
Water sector • Total expenditure £104bn 2025-2030 • 4x increase in investment to improve environment, resilience and customer service • Part of 25yr strategy • AMP8 – Asset Management Plan issued by each water company for the period • Project delivery via frameworks • Clarity of long-term programmes
Slide 15: Summary
Summary Tamdown is currently delivering infrastructure and groundworks for long-standing customer, Vistry in Thanet, Kent 15 Nexus Infrastructure plc | Full year results presentation January 2025
Slide 16: Summary
Summary • Positive steps in our three • Well placed to benefit from strategic objectives the recovery of the housebuilding sector • New additional opportunities • Long-term frameworks in water, rail, highways and rivers & marine • High quality customer • Experienced and loyal team relationships • Ro
Slide 17: Appendix
Appendix Tamdown is currently delivering infrastructure and groundworks for long-standing customer, Vistry in Thanet, Kent 17 Nexus Infrastructure plc | Full year results presentation January 2025
Slide 18: Sustainability
Sustainability The Tamdown Commercial team exchanged their calculators for shovels to volunteer at a local primary school, where they helped create a foundation for a shed for outdoor equipment. 18 Nexus Infrastructure plc | Full year results presentation January 2025
Slide 19: Sustainability
Sustainability Building Bright Futures.. We see sustainability as a journey for our business alongside our customers and suppliers, and it is a journey we are fully committed to. 19 Nexus Infrastructure plc | Full year results presentation January 2025
Slide 20: Board
Board Richard Kilner Charles Sweeney Dawn Hillman Independent Non- Chief Executive Chief Financial Executive Chairman Officer Officer Ffion Griffith Claire Lacey Independent Non- Independent Non- Executive Director Executive Director 20 Nexus Infrastructure plc | Full year results presentation Janua
Slide 21: www.nexus-infrastructure.com
Nexus Infrastructure plc Nexus Park, Avenue East Skyline 120, Great Notley Braintree, Essex CM77 7AL www.nexus-infrastructure.com