Srg Global Limited · ASX:SRG
Srg Global — Corporate Update (July 2022)
16 slides from Srg Global's corporate update, Jul 20, 2022
Slide 1: Making the Complex Simple
MAKING THE R 3 COMPLEX SIMPLE GLOBAL
Slide 2: Highlights
HIGHLIGHTS FY22 EBITDA expected to be at the top end of previous guidance of $54m - $57m Strong FY22 operating cashflow with EBITDA to Cash Conversion of circa 105% Net Cash position of $20.5m after funding the acquisition of WBHO Infrastructure in March 2022 Continued strong margin performa
Slide 3: Our Strategic Transformation
QURSHRATEGIC TRANSFORMATION
Slide 4: Were ~$40M: earnings from one-off projects
WERE The majority of the company’s earnings were derived from one-off projects. Annuity Project EBITDA ~ $40M 30% 70% Asset Maintenance Engineering & Mining Services Construction 4
Slide 5: Are ~$57M: annuity/recurring earnings
ARE Over 2/3rds of the company’s EBITDA earnings are now derived from ~ $57M annuity / recurring earnings. Annuity Project EBITDA ~ $40M 70% 30% Asset Maintenance Engineering & Mining Services Construction 5
Slide 6: Transitioned to Annuity/Recurring Earnings
TRANSITIONED TO ANNUITY/RECURRING EARNINGS LEADERSHIP HORIZON Zero Harm / ESG industry leader and recognised employer / partner of choice Domestic / International growth in Engineered Products across all SRG operating segments Selective strategic acquisitions to complement capability / footprint Con
Slide 7: Transitioned to Annuity/Recurring Earnings
TRANSITIONED TO ANNUITY/RECURRING EARNINGS LEADERSHIP HORIZON Zero Harm / ESG industry leader and recognised employer / partner of choice Domestic / International growth in Engineered Products across all SRG operating segments Selective strategic acquisitions to complement capability / footprint Con
Slide 8: We are a diversified industrial services company
US We are a diversified We bring an engineering The most sought-after industrial services mindset to deliver diversified industrial company critical services for services business major industry 8
Slide 9: Profile
PROFILE OPERATING SEGMENTS 2,600 20+ People Industries Asset Maintenance 80+ 6 Mining Services Engineering & Construction Sites Countries OWNERSHIP STRUCTURE 12% Management / Board 650 285 45% Institutional Revenue ($m) Market Cap ($m) 9
Slide 10: Are Going Global
GLOBAL Wirllels Wile ARE GOING
Slide 11: Are ~$57M
ARE Over 2/3rds of the company’s EBITDA earnings are now derived from ~ $57M annuity / recurring earnings. Annuity Project EBITDA ~ $40M 70% 30% Asset Maintenance Engineering & Mining Services Construction 11
Slide 12: FY23 Outlook
EBITDA ARE GOING +25% We expect earnings in FY23 to be EBITDA circa 25% higher than in FY22 ~ $57M Annuity Project EBITDA ~ $40M 70% 30% Asset Maintenance Engineering & Mining Services Construction FY23 Outlook 12
Slide 13: Most Sought-After Diversified Industrial Services Business
MOST SOUGHT-AFTER DIVERSIFIED INDUSTRIAL SERVICES BUSINESS LEADERSHIP HORIZON Zero Harm / ESG industry leader and recognised employer / partner of choice Domestic / International growth in Engineered Products across all SRG operating segments Selective strategic acquisitions to complement capability
Slide 14: Proposition
PROPOSITION End-to-end Diverse Annuity asset lifecycle market sectors / earnings capability geographies profile Highly scalable Capital light Dividend business investment paying model profile stock 14
Slide 15: SRG Global
SRG GLOBAL srgglobal.com.au
Slide 16: Disclaimer
DISCLAIMER This presentation has been prepared by SRG Global Limited (ABN 81 104 662 259) (SRG). By accessing this presentation you acknowledge that you have read and understood the following statement. This presentation contains general summary information about SRG. The information, opinions or co