Nrw Holdings Limited · ASX:NWH
Nrw — Shareholder Meeting (November 2022)
19 slides from Nrw's shareholder meeting presentation, Nov 9, 2022
Slide 1: NRW Holdings Annual General Meeting - CEO Address
NRW HOLDINGS ANNUAL GENERAL MEETING 9 NOVEMBER 2022 CEO ADDRESS - JULES PEMBERTON 1
Slide 2: FY22 Highlights
FY22 HIGHLIGHTS $2,429M $2.4B $5.2B $2,009M $2,252M REVENUE RECORD ORDER BOOK $1,130M $97.4M $219.3M NET PROFIT CASH HOLDINGS $707M UP 79.4% ON FY21 $351M 7000+ 100+ 2017 2018 2019 2020 2021 2022 WORKFORCE PROJECTS FY21 – 6,200 REVENUE GROWTH 2
Slide 3: Sustainability
SUSTAINABILITY • NRW’s second sustainability report released • Executive appointments during FY22 BRETT MCINTOSH TANYA EALES Executive General Manager Executive General Manager HSE & Sustainability People & Culture • Stakeholders engaged during FY22 via our Stakeholder Survey, allowing for the prior
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Slide 5: Business Structure
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Slide 6: The NRW Journey – Diversified Capability
THE NRW JOURNEY – DIVERSIFIED CAPABILITY 2021 2022 CONSOLIDATION 2019 EPC CAPABILITIES PRIMERO ACQUISITION Focus on the consolidation of our Group offering, and the alignment of systems and processes. INCREASED CIVIL 2019 INFRASTRUCTURE OPPORTUNITIES BGC CONTRACTING Primero adds significant Engineer
Slide 7: Business Structure – Pre 2017
BUSINESS STRUCTURE – PRE 2017 MINERALS, ENERGY & CIVIL MINING TECHNOLOGY • Rail formations • Mine development • Mine development • Load & haul • Mine site rehabilitation • Bulk earthworks • Full scope drill & blast • Airstrips. • Explosives supply and management • Maintenance services • Mobile equip
Slide 8: Business Structure - Today
BUSINESS STRUCTURE - TODAY MINERALS, ENERGY & CIVIL MINING TECHNOLOGY • Rail formations • Mine development ► Full EPC capability • Mine development • Load & haul ► Non process infrastructure • Mine site rehabilitation • Bulk earthworks • Full scope drill & blast ► Apron, belt & hybrid feeders • Airs
Slide 9: Group Development – Through Cycle Delivery
GROUP DEVELOPMENT – THROUGH CYCLE DELIVERY 2.5B 2.0B 1.5B Golding (FY18) Drill & Blast (FY17 - FY19) Civil 1.0B MET Mining 0.5B FY17 FY18 FY19 FY20 FY21 FY22 9
Slide 10: Civil – Bunbury Outer Ring Road
CIVIL BUNBURY OUTER RING ROAD • NRW is a major construction partner (40%) in the South West Gateway Alliance • The project is the largest transport infrastructure project ever undertaken in the South West ($1.25B) • Current workforce on the project is 170 • Project completion: February 2025 • NRW is
Slide 11: Civil Outlook
CIVIL OUTLOOK • Outlook for NRW civil business is buoyant across both resources and public infrastructure • Infrastructure – new projects have been added to pipeline set for release between now and end of next calendar year • Iron Ore opportunities growing and likely to be sustained levels of Capex
Slide 12: Mining
MINING KARARA • Largest mining operation and the first major magnetite mine in WA’s Mid West • Premium, high-grade concentrate product for export to steelmakers • Expected mine life of 30+ years • The current 5 year contract is valued at circa $700M • Investment in new equipment valued all now fully
Slide 13: Mining Outlook
MINING OUTLOOK • Current active tenders exceed $2.2B – Green Metals, Gold and Iron Ore • Opportunities with key clients in Coal to deploy available fleet augmented with hire fleet to support strong demand • Mining business has secured most of the work expected to be delivered in FY23 and has long te
Slide 14: MET
MET COVALENT • Engineering, Procurement and Construction (EPC) of the Mt Holland Concentrator project for Covalent Lithium – a joint venture between Wesfarmers and SQM • Major project for Western Australia and the further development of the state’s battery minerals supply chain • Demonstrates NRW’s
Slide 15: MET Outlook
MET OUTLOOK • Primero regarded as an industry leader in both up and downstream Lithium processing design and construct • Office has been established in Houston to assist with upcoming downstream Lithium refinery project works situated in the US • Opportunities in energy sector to support emerging an
Slide 16: Summary
SUMMARY 16
Slide 17: Outlook and Guidance
OUTLOOK AND GUIDANCE OUTLOOK PIPELINE • Near-term tender pipeline capable of being awarded in next 12 months has strengthened to $19.8B compared to $14.5B this time last year $19.8B • Currently submitted tenders circa $3.8B NOV 22 MINERALS, ENERGY GUIDANCE - RECONFIRMED & TECHNOLOGIES CIVIL • Group’
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Slide 19: Disclaimer
DISCLAIMER SUMMARY INFORMATION This Presentation contains summary information about NRW and its associated entities and their activities current only at the date of this Presentation. This Presentation is for general information purposes only and does not purport to be complete. The content should b