Austal Limited · ASX:ASB
Austal — Investor Presentation (May 2004)
19 slides from Austal's investor presentation, May 5, 2004
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Slide 2: About Us
AUSTAL About Us Aust, USA. Austal Ships Image Marine Austal Defence Oceanfast
Slide 3: Recovery in Progress
amined ‘ausia. Recovery in Progress nd Defence markets xury Yacht market ane business well pisced for future growth
Slide 4: Recovery in Progress
aati ‘austa. Recovery in Progress contracts in H1 2004: - 85m vehicle-passenger ferry for Greek client (repeat business)
Slide 5: eat
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Slide 6: Revenue From Current Orders
‘aus. Revenue From Current Orders 2004 2005 Financial Year
Slide 7: Financial Year
Financial Year
Slide 8: Profit After Tax and OEI
aura. Profit After Tax and OEl LIMITED ™ Core business continued to perform well =" Losses from Yacht operations are being reduced =" Austal USA moving towards profitability
Slide 9: Commercial
eis “‘ausra. ~COMmMercial is market els per annum since = Build to customer order - Not reliant on “stock” boats
Slide 10: Commercial
re iiahaa “jusra. ~COmmercial » Existing US orders significant step in US yard becoming a major supplier of aluminium vessels to the US commercial market
Slide 11: Luxury Yachts
comin aOR, a AUSTAL i segment going forward = No Yacht contracts currently on the order book
Slide 12: Defence market (Australia & US)
e market (Australia & Littoral Combat Ships (LCS) — up to 57 ships over 15 years Highly competitive market US subsidiary provides access to US market
Slide 13: Austal Defence
Ausra, Defence LIMITED = Austals hurdles are: - New player in the defence market
Slide 14: Patrol boats (RAN) and USA
patrol boats (RAN) - USA = 31.5 metre ONR vessel
Slide 15: Teaming Agreement
AUSTAL Teaming Agreement lop preliminary $10m, submitted d May, early June tracts to build LCS US Navy identified need for 9 LCS vessels by 2009 Reported total LCS vessels required — up to 57 over 15 years
Slide 16: Austal Defence
“AUSTAL Defence ions close 3 tailed design and - 12+ vessels built over unspecified time frame
Slide 17: Outlook
“AUSTAL Outlook key markets ed earnings recovery r contracts on hand as roximately $470 million.
Slide 18: Outlook
ausia. Outlook lictable / sustainable Commercial and gher risk luxury portunities:- » Must increase predictability of earnings » Will only be progressed when existing operations are performing to expectations « Stringent financial parameters
Slide 19: Austal Share Price
AUSTAL Share Price LIMITED THOTT TOTTI TTT TEENA TT TTT TANTEI TTTET ENTE TTT TET TTP poi 824) S000! 0c 3000! 20001 F000 —— ee [Mitsu ren Losses on luxury yachts and development of US business impacted 2003 H1 ‘04 indicates that problems have been addressed and recovery under way