Civmec Limited · SGX:P9D
Civmec — Shareholder Meeting (October 2019)
19 slides from Civmec's shareholder meeting presentation, Oct 30, 2019
Slide 1: Annual General Meeting 29 October 2019
For personal use only ANNUAL GENERAL MEETING 29 OCTOBER 2019
Slide 2: FY2019 Financial Performance
FY2019 FINANCIAL PERFORMANCE For personal use only Operating Revenue EBITDA NPAT Cashflow Order Book A$488.5m A$24.0m A$7.0m A$78.9m A$819.0m 2
Slide 3: FY2019 Group Performance
FY2019 GROUP PERFORMANCE For personal use only FINANCIAL OPERATIONAL Focus on debt position and generating • Value of contracts awarded and positive cashflow: extended ~A$600m • Net cash generated from operating • Awarded significant scope on activities up by A$99m to A$79m major projects for key cl
Slide 4: FY2019 Revenue
FY2019 REVENUE For personal use only 9% 13% Revenue by Sector 7% 14% Metals & Minerals A$357.0m 12% Oil & Gas A$66.5m 73% 72% Infrastructure & Defence A$65.0m Total A$488.5m FY19 Revenue by Sector FY19 Revenue by Geography 4
Slide 5: FY2019 Balance Sheet
For personal use only FY2019 BALANCE SHEET June 2019 June 2018 (A$M) (A$M) Current Assets 226.7 296.3 Non-Current Assets 202.9 146.2 Total Assets 429.7 442.5 Total Liabilities 255.6 271.7 Equity 174.1 170.8 5
Slide 6: Years of Achievement
For personal use only 10 YEARS OF ACHIEVEMENT • Turned over A$3.4b with a Net Profit after Tax (NPAT) of A$165m (5%). • Built a team that can operate in the Oil and Gas, Mining, Defence and Infrastructure sectors. • Developed a Business Management System that can track materials and project hours in
Slide 7: Our Projects
For personal use only 7 OUR PROJECTS
Slide 8: FY2019 Key Projects
For personal use only INPEX Ichthys LNG Onshore CCPP Rio Tinto Amrun Project Roy Hill Ultrafines FY2019 Key Projects Luerssen Australia Gold Road Gruyere OPV Program Gold Project NSW Govt Clarence Correctional Centre Water Corp Woodman Point WWTP NSW Govt 8 Alcoa Pinjarra Residue WestConnex M5 Filtr
Slide 9: Current Order Book by Sector
For personal use only Current Order Book by Sector 52% 43% Santos Varanus Island Compression Project Chevron Gorgon LNG Maintenance contracts Stage 2 Subsea Projects across Australia 5% BHP South Flank Iron Ore Project FMG Eliwana Iron Ore Project FY2020 Key Projects Luerssen Australia OPV Program N
Slide 10: Future Strategy & Outlook
FUTURE For personal use only STRATEGY & OUTLOOK 10
Slide 11: Strategic Priority – Consistent & Recurring Revenue
STRATEGIC PRIORITY 1 – CONSISTENT & RECURRING REVENUE For personal use only MAINTENANCE SHIPBUILDING MANUFACTURING • Continue to broaden client • Complete facility • Establish product line base and capability in the opportunities and continue • Continue to refine and Metals & Minerals sector to driv
Slide 12: Strategic Priority – Major Projects
STRATEGIC PRIORITY 2 – For personal use only MAJOR PROJECTS • Focus on securing Lump Sum/Schedule of Rates contracts, with less reliance on EPC/D&C models (reduced risk) • Secure projects that utilise a combination of our facilities and on-site multi-disciplined, self- performance capability • Stron
Slide 13: Strategic Priority – Continual Improvement
STRATEGIC PRIORITY 3 – CONTINUAL IMPROVEMENT For personal use only COMMERCIAL PEOPLE SYSTEMS INVESTORS • Focus on opportunities that • Continue to invest in training • Staged adoption of new Investor relations strategy can deliver stronger and more and development technology developed to drive marke
Slide 14: 10 Year Market Outlook – 2020 to 2029
10 YEAR MARKET OUTLOOK – 2020 to 2029 For personal use only Total A$867b Total WA NT SA QLD NSW VIC $108b Metals and Minerals $140b $64b $8b $13b $33b $21b $2b $155b Oil, Gas & Energy $266b $45b $93b $17b $44b $43b $24b Infrastructure $369b $16b $7b $22b $77b $167b $79b $130b Defence $89b $4b - $85b
Slide 15: Henderson Facility Development
HENDERSON For personal use only FACILITY DEVELOPMENT 15
Slide 16: Henderson Facility
HENDERSON FACILITY • 100,000m2 of usable undercover area • The new 53,000m2 (usable floor area), 70 metre HENDERSON FACILITY For personal use only high, Main Assembly and Sustainment Hall is one of the largest heavy engineering buildings in the Civmec 2009 to 2019 – all of this in just 10 years worl
Slide 17: Henderson Facility Shipbuilding Opportunities
For personal use only • Investment aligns with the Australian Government’s commitment for Henderson to be one of two suitable locations in Australia for shipbuilding • Location for sustainment opportunities • Able to house complete Air Warfare Destroyers, Frigates and Offshore Patrol Vessels • Oppor
Slide 18: Questions
For personal use only QUESTIONS
Slide 19: Thank You
For personal use only THANK YOU