K & S Corporation Limited · ASX:KSC
K & S — Investor Presentation (December 2009)
13 slides from K & S's investor presentation, Dec 3, 2009
Slide 1: Investor Presentation – December 2009
Investor Presentation – December 2009 For personal use only Presented by: Legh Winser – Managing Director Bryan Walsh – Chief Financial Officer
Slide 2: Disclaimer
For personal use only THIS PRESENTATION IS NOT AND DOES NOT FORM PART OF ANY OFFER, INVITATION OR RECOMMENDATION IN RESPECT OF SECURITIES. ANY DECISION TO BUY OR SELL K&S CORPORATION LIMITED SECURITIES OR OTHER PRODUCTS SHOULD BE MADE ONLY AFTER SEEKING APPROPRIATE FINANCIAL ADVICE. RELIANCE SHOULD
Slide 3: K&S - Overview
For personal use only K&S - Overview • K&S has been in business for over 60 years. • Core Expertise is in the provision of supply chain solutions: • road, rail and sea linehaul • local transport • warehousing • supply chain IT and reporting capability
Slide 4: Major Customers
For personal use only K&S – Major Customers OneSteel $58 m Australian Paper $40 m Norske Skog $33 m Laminex $25 m BlueScope Steel $15 m Alcoa $17 m Coca Cola $14 m Air Liquide $13 m Capral $10 m Fonterra $ 7m Orrcon $ 6m BP $ 6m Holden $ 5m
Slide 5: For personal use only
For personal use only
Slide 6: Truganina Overview
For personal use only K&S – Truganina Overview • Opening of site in March 2006 of 23 hectares. • Stage 1 completed at a cost of $35 million:- – Corporate & Melbourne Transport Terminal – More than 20,000m2 warehousing – Straddle/Container area of 30,000m2 – Maintenance Area of 5,400m2. • Stage 2 com
Slide 7: Overview – Corporate strategies
For personal use only K&S - Overview • Corporate strategies include: • Development of alliances and long term customer relationships and partnerships with large enterprises that value our service. • Development of our supply chain capabilities, which allows us to expand our potential client base and
Slide 8: Strength is in our Structure
For personal use only K&S - Strength is in our Structure • Our structure reflects our functional capabilities and our belief in a flat organisational arrangement where customers have access to decision makers. • This enhances partnership arrangements and allows us to differentiate our service when c
Slide 9: Financial Result 2008/09
For personal use only Financial Result 2008/09 • Revenue $440.7M for FY 2008/09 – Decrease 5.4%. • EPS 26.1 cents. • Profit After Tax $18.2M – Decrease 7.7%. • Normalised Profit After Tax excluding Non Trading Items was $17.7M – Decrease 9.7%. • Generated $39.2M in Operating Cash. • Reduced Gearing
Slide 10: Strategy
For personal use only Strategy • Volumes in the September quarter have been stronger. • The economy appears to be strengthening. • While volumes are not at the same level as the prior year the sign’s are extremely positive.
Slide 11: Strategy
For personal use only Strategy • We are hopeful that our recent customer contract signing will underpin earnings in the new financial year. • We see growth from our existing customers. • We are still clearly focussed on further acquisitions.
Slide 12: Strategy
For personal use only Strategy • We continue to actively tender for new business. • Our strategy is based on continuing to grow and enhance our business. • There are further industry consolidation opportunities.
Slide 13: Questions
For personal use only Questions