Macmahon Holdings Limited · ASX:MAH
Macmahon — Canaccord Mining Services Series 2024
11 slides from Macmahon's conference presentation, Dec 3, 2024
Slide 1: Canaccord Mining Services Series
Canaccord Mining Services Series 3rd December 2024
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer Disclaimer as to forward looking statements The forward looking statements in this presentation reflect views the contents of this presentation. held only as at the date of this presentation. This presentation contains forward looking statements, including Non-IFRS Fi
Slide 3: Our Business
Our Business A leading ASX-listed diversified mining services contractor with operations in Australia and Southeast Asia Trusted. Diversified. Experienced. Established People1 FY25 Secured Revenue2 ✓ Comprehensive range of integrated mining and civil 1963 9,676 $2.3bn infrastructure services in Aust
Slide 4: Our Service Offerings
Our Service Offerings Macmahon provides a comprehensive range of integrated mining and civil infrastructure services Civil Infrastructure • Provider of civil construction solutions across Australia with highest national roads, bridges and financial qualifications • Key sectors include public infrast
Slide 5: Disciplined Strategy Execution has Delivered Consistent Growth
Disciplined Strategy Execution has Delivered Consistent Growth Successful growth track record through both organic initiatives and acquisitions Macmahon’s M&A Track Record Total Revenue and Business Unit Contribution ($ million)1 2,500.0 Adds significant scale and capability to civil 2024 20% infras
Slide 6: Diversification Towards Lower Capital Intensity Services
Diversification Towards Lower Capital Intensity Services Pro-Forma1 FY18 Revenue Mix FY24 Revenue Mix FY24 Revenue Mix 7% 3% Our Target 19% 26% 7% $710m $2.0bn $2.5bn 53% 9% 65% 21% 90% Revenue Mix FY18 Pipeline FY24 Pipeline Current Pipeline2 1% 21% 29% 24% 34% $5.4bn $13.8bn 52% $21.2bn 24% 78% RO
Slide 7: FY25 Key Highlights
FY25 Key Highlights Surface Mining Underground Civil Infrastructure Corporate • Awarded ~$80m1 Poboya gold • Targeting +50% revenue growth • $240m of new civil work • Executed $80 million additional project in Indonesia over the next 2-3 years awarded post Decmil syndicated finance facility for the
Slide 8: Map of Operations
Map of Operations Canaccord Mining Services Series – 3 December 2024 8
Slide 9: Order Book $5.0bn, Extensions $2.6bn & Tender Pipeline $21.2bn
Order Book $5.0bn1, Extensions $2.6bn2 & Tender Pipeline3 $21.2bn Order Book Run Off ($m) Tender Pipeline • ~$2.3 billion1 of FY25 revenue secured 24% • $5.0bn order book as at 30 June and including $400m+ in new work awards to date 300 • Order book excludes short term civil and 52% $21.2bn undergro
Slide 10: Capital Allocation to Balance Growth and Shareholder Returns
Capital Allocation to Balance Growth and Shareholder Returns Our Priorities Our Record Maintain resilient Maintain Financial Strength Investment in Growth Return Cash to Shareholders balance sheet, ensure Continue to reduce gearing and net debt Targeting low capital growth in Increased dividend payo
Slide 11: Thank You
Thank You CONTACT Mick Finnegan CEO & MD mfinnegan@macmahon.com.au Ursula Lummis CFO ulummis@macmahon.com.au www.macmahon.com.au Canaccord Mining Services Series – 3 December 2024 11
Macmahon Holdings — Canaccord Mining Services Series 2024 on 6ix