Simonds Group Ltd. · ASX:SIO
Simonds — Investor Presentation (February 2021)
12 slides from Simonds's investor presentation, Feb 23, 2021
Slide 1: Results for the six months ended 31 December 2020
Results for the six months ended 31 December 2020
Slide 2: Important notice and disclaimer
Important notice and disclaimer This presentation is authorised by the Board of Simonds Group Limited (Company) and is current as at the date of the cover page. It is solely based on, and should be read in connection with, information contained on other periodic and continuous disclosure announcemen
Slide 3: 1HFY21: Building for the future
1HFY21: Building for the future • Revenue and earnings continued to be impacted by COVID-19 • Federal government HomeBuilder stimulus has contributed to a substantial increase in 1HFY21 sales that will flow through into 2HFY21 and FY22 • 1HFY21 earnings have been adversely affected by worksite restr
Slide 4: FY21 half year results
FY21 half year results EBITDA1 NPAT $14.0m $1.9m Site down $1.9m from continuing Starts (-11.9%) operations2 Revenue down $2.2m (-53.7%) 1,1723 Up 29 $325.0m (+2.5%) down $2.5m (-0.8%) Continued focus on workplace safety and building a high performance culture Net Revenue down slightly due to timing
Slide 5: Group earnings comparison
Group earnings comparison EBITDA 35 31.5 30 25 23.2 15.6 20 $m 10.8 15 13.7 10.1 10 8.5 15.9 14.0 7.4 12.4 5 5.2 2.7 0 FY2017 FY2018 FY2019 FY2020 FY2021 EBITDA 1H EBITDA 2H 1. EBITDA represents earnings before interest, tax, depreciation and amortisation (D&A) from continuing operations and excludi
Slide 6: Simonds Homes results for the half year
Simonds Homes results for the half year Key Metrics Despite the impact of COVID-19 restrictions, Simonds Homes was able to maintain its site starts throughout 1HFY21 Revenue EBITDA $318.1m $12.3m down $3.6m (-1.1%) down $2.3m (-15.8%) EBITDA benefited from stronger margins, offsetting the from $321.
Slide 7: Education results for the half year
Education results for the half year Key Metrics BAA recognized as Victoria’s best small training provider at the 2020 Victorian Training Awards and Australia’s best small Revenue EBITDA training provider at the 2020 Australian Training Awards $7.0m $1.7m up $1.3m (+22.8%) up $0.5m (+41.7%) BAA’s Vir
Slide 8: Balance sheet comparison
Balance sheet comparison 31-Dec-20 30-Jun-20 31-Dec-19 $m $m $m Assets Earnings, and the continued focus on working capital Cash / Equivalents 31.1 28.3 14.3 management has ensured the Group has a relatively Receivables 18.7 29.3 20.4 strong cash position Accrued revenue 32.8 34.4 31.2 Inventories 2
Slide 9: Cash flows for the half year
Cash flows for the half year 31-Dec-20 31-Dec-19 Cash from operating activities reflect continued focus $m $m on strong cash management Cash flows from operating activities Receipts from customers 375.8 397.5 Payments to suppliers / employees (361.9) (371.6) Lower receipts from customers and payment
Slide 10: Key levers for delivering shareholder value
Key levers for delivering shareholder value Innovation Alternative Sales Channels Finance First Solutions Wellness Corporate Social Responsibility High Performing Culture PAGE 9
Slide 11: Current trading conditions and outlook
Current trading conditions and outlook Continued investment into new sales channels will support the Group’s diversification into new customer segments and markets Uncertainties with the ongoing COVID-19 pandemic make forward-looking statement problematic COVID-19 impacts on 2HFY21 may include: • Lo
Slide 12: Thank you
For more information contact us at: Telephone: +61 3 9682 0700 Mailing address: Locked Bag 4002 South Melbourne VIC 3205 01 Insert divider title 3 A Insert divider title Physical address: 7 Level 1, 570 St Kilda Road Melbourne VIC 3004 www.simondsgroup.com.au Authorised for lodgement by Simonds Grou
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