Korvest Ltd. · ASX:KOV
Korvest — Australian Shareholders' Association Forum (September 2013)
39 slides from Korvest's conference presentation, Sep 18, 2013
Slide 1: Korvest and how to be successful at manufacturing in Australia
For personal use only Korvest and how to be successful at manufacturing in Australia! Alexander Kachellek! Managing Director! Korvest Ltd!
Slide 2: Korvest locations and financial summary
iP ~250 bonnie bithtitttitittitint ae DARWIN @ TOWNSVILLE la SYDNEY a ae i ADELAIDE. we WS |ELBOURNE BRISBANE PERTH @BASX Kov (1970) A FY2013 FY2012 FY2011 Sales $61.72m $72.32m $67.38m EBIT —$5.34m —$8.59m_—$6.02m Earnings per Share 44c 71.6¢ 48.9 Dividend per Share 56 53¢ 26c QAoO! HOBART SD2ago [
Slide 3: Divisions of Korvest
Divisions of Korvest! For personal use only
Slide 4: Divisions of Korvest
Divisions of Korvest! For personal use only
Slide 5: Korvest's Values
For personal use only Korvest’s Values!
Slide 6: For personal use only
For personal use only
Slide 7: For personal use only
For personal use only
Slide 8: Projects
For personal use only Projects
Slide 9: Customers
Customers For personal use only EPCMs Wholesalers Trades Direct
Slide 10: For personal use only
For personal use only
Slide 11: Recent Projects Include
For personal use only Recent Projects Include • Stadiums • Hospitals • Airports • Shopping centres • Wind towers • Grain silos, wineries • Commercial buildings
Slide 12: Galvanising
For personal use only Galvanising
Slide 13: Hot Dip Galvanising Centrifuge Galvanising
For personal use only Hot Dip Galvanising Centrifuge Galvanising
Slide 14: Power Step
Power Step For personal use only BODDINGTON MINE W.A. - AUSTRALIA Developments for 2014 • Form an alliance with OEM SUPPLIERS to increase sales opportunities world wide (as preferred supplier for Safety Access Systems) • Become more competitive through innovation and product improvement • Introduce
Slide 15: Europe, Asia, S. Africa, S. America
For personal use only Europe Asia S. Africa S. America
Slide 16: Titan Technologies
TITAN TECHNOLOGIES For personal use only HYDRAULIC TORQUE TOOLS ELECTRIC / PNEUMATIC PUMPS HYDRAULIC TENSIONING TOOLS TITAN TECHNOLOGIES services all industries with superior bolting solutions.
Slide 17: Onsite, Engineering, Specials/MTO Capability
Onsite Engineering Department Specials/MTO Capability
Slide 18: Manufacturing in Australia
Manufacturing in Australia! For personal use only Consumables! Building Products! Machinery! Food Steel Cars Clothing Concrete Cabling Specials Timber Electronics & Components Prototypes More $ Effective in Australia More $ Effective Overseas
Slide 19: Ingredients for a sustainable profitable business
Ingredients for a sustainable profitable business:! For personal use only PEOPLE that excel = PROFITS PROCESSES PRODUCTS that work that are needed
Slide 20: What does the customer expect?
For personal use only What does the customer expect?! ! Or! ! Why does a customer use Korvest rather than a competitor?!
Slide 21: Korvest's offering to the customer
Korvest’s offering to the customer! For personal use only Galvanising! " "Short lead-time = 2.5 days! ! Indax! " "Made to order, short-lead-time = 10 days! ! EzyStrut! " "Next day standard products! " "Specials made to order, lead-time 10 days! " "! All – Quality; Value; Service!
Slide 22: What is the outlook for Manufacturing in Australia?
What is the outlook for Manufacturing in Australia?! For personal use only
Slide 23: Manufacturing Around the World: History and Current Challenges
Manufacturing Around the World! For personal use only History and Current Challenges! GOODS! £ RESOURCES! • Famous for ‘Industry Firsts’ • Designs not refined, no innovation • Did not service the customer • Did not protect IP
Slide 24: Manufacturing Around the World: History and Current Challenges
Manufacturing Around the World! For personal use only History and Current Challenges! PROCESSES! LOGISTICS! • Kept IP! • Supplied processes! • Reinvested in processes to keep internal costs under control!
Slide 25: Manufacturing Around the World: History and Current Challenges
Manufacturing Around the World! For personal use only History and Current Challenges! • Refined technologies ! and products and ! made them cheaper! • Offered all inclusive ! packages! • Quality!!
Slide 26: Manufacturing Around the World: History and Current Challenges
Manufacturing Around the World! For personal use only History and Current Challenges! $COST MATERIALS! • High labour costs! • Inefficient manufacturing ! processes! • Refusal to adapt or upgrade ‘iconic’ products!
Slide 27: Manufacturing in Australia: The future
Manufacturing in Australia! For personal use only The future:! u Costs $! ! u Lead-time! ! u Quality! ! u One-off, bespoke! u Flexible!
Slide 28: How does Korvest justify manufacturing in Australia?
How does Korvest justify manufacturing in Australia?! For personal use only Current Challenges! $ Cost! Steel Energy! Labour Transport Steel Steel What is the customer’s value on Lead Time?! $ Cost! Steel Energy! Labour Steel Transport Steel Steel
Slide 29: Korvest manufacturing in Australia
Korvest manufacturing in Australia! For personal use only Commodity products produced with minimum effort!
Slide 30: Robotic Folding
Korvest manufacturing in Australia! For personal use only Commodity products produced with minimum effort! Robotic Folding!
Slide 31: Robotic Folding
Korvest manufacturing in Australia! For personal use only Commodity products produced with minimum effort! Robotic Folding!
Slide 32: Robotic Welding
Korvest manufacturing in Australia! For personal use only Commodity products produced with minimum effort! Robotic Welding!
Slide 33: Rollforming
Korvest manufacturing in Australia! For personal use only Commodity products produced with minimum effort! Rollforming!
Slide 34: Specials need a flexible workforce
Korvest manufacturing in Australia! For personal use only Specials need a flexible workforce!
Slide 35: Vertically integrated galvanising/finishing
Korvest manufacturing in Australia! For personal use only Vertically integrated galvanising/finishing! !
Slide 36: Flexible logistics
Korvest manufacturing in Australia! For personal use only Flexible logistics! !
Slide 37: Is there a future for manufacturing in Australia?
Is there a future for manufacturing in Australia?! For personal use only
Slide 38: Is there a future for manufacturing in Australia?
Is there a future for manufacturing in Australia?! For personal use only
Slide 39: Alexander Kachellek, Managing Director
For personal use only Alexander Kachellek! Managing Director! Korvest Ltd! ! www.korvest.com.au !
Korvest — Australian Shareholders' Association Forum (September 2013) on 6ix