Mcmillan Shakespeare Limited · ASX:MMS
Mcmillan Shakespeare — H1 FY2010 Earnings Presentation
8 slides from Mcmillan Shakespeare's earnings presentation, Feb 16, 2010
Slide 1: Half Year Results Presentation and Analyst Briefing
For personal use only McMillan Shakespeare Limited Half Year Results Presentation and Analyst Briefing Michael Kay – CEO Mark Cansdale – CFO February 2010
Slide 2: Financial Performance
Financial Performance For personal use only % increase over prior 1H FY10 1H FY09 comparable $'000 $'000 period Total revenue and other income 43,693 37,699 16% EBITDA 16,963 13,629 25% EBIT 15,515 12,924 20% NPAT 11,227 9,537 18% ROE 38% 38% ROE adjusted for surplus cash 67% 57% Basic earnings per
Slide 3: Key Efficiency and Service Measures
Key Efficiency and Service Measures For personal use only MSL Productivity Index MSL Customer Satisfaction Index July 2008 = 100 December 2008 = 100 130 180 125 160 120 140 115 120 110 100 105 80 100 60 95 40 Jul-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 May-09 Jun-09 Jul-09 Oct-09 Nov-09 Dec-09
Slide 4: Half year highlights: NPAT, revenue, EPS and dividend growth
Highlights and Key Activities For personal use only NPAT growth of 18% to $11.2m. Revenue growth of 16% to $43.6m. Core operating margin improvement of 7 percentage points.(1) Net operating cash flow $34.0m. EPS growth of 18% to 16.6 cents per share. Interim dividend of 10.0 cents per share compared
Slide 5: Revenue and NPAT growth despite lower interest income
Highlights and Key Activities For personal use only Despite significant year on year reduction in interest rates and interest income, strong revenue growth driven by new business acquisition and increasing participation within existing customers. Ongoing strong NPAT growth. Reduction in expense rati
Slide 6: Operational projects delivered on time and on budget
Highlights and Key Activities For personal use only Phase 1 CRM software successfully installed on time and on budget, increasing both customer service and productivity. IT infrastructure project successfully completed on time and on budget. Platform industrialised, less complex with full BCP/DRP; “
Slide 7: Client retention and new contract wins
Highlights and Key Activities For personal use only Ongoing high retention rate, including major hospital group in Melbourne. Won contract for major hospital group in Sydney. P6 February 2010
Slide 8: Outlook
Outlook For personal use only Continuing growth in core business (revenue and NPAT) through new business and better participation. Insurance marketing campaign commences in February/March. Productivity Commission Research report on the Contribution of the Not-for-Profit Sector has been released. (ht
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