Slide 1: Half Year Investor Presentation — Korvest Ltd
Half Year Investor Presentation — Korvest Ltd For personal use only
Slide 2: Company Overview
Korvest Ltd Company Overview 2 For personal use only • Korvest (ASX: KOV) provides cable and pipe supports, walkway systems, and galvanising services. • The company has sales offices and distribution warehouses in Adelaide, Melbourne, Sydney, Brisbane and Perth, distributors operating in Darwin, Tow
Slide 3: Headline Numbers
Korvest Ltd Headline Numbers 3 For personal use only Dec 2011 Dec 2010 % Change Sales $38.49m $31.12m 23.7% EBIT $5.13m $2.74m 87.2% Operating Cashflow $3.87m ($0.71m) 645.0% Earnings per share 43.0c 21.7c 98.1% Dividends per share 18.0c 11.0c 63.6% Special Dividend 5.0c 100.0% • Record Sales and EB
Slide 4: Industrial Products Financial Overview
Korvest Ltd Industrial Products Financial Overview 4 For personal use only Dec 2011 Dec 2010 % Change Sales $35.56m $28.08m 26.6% EBIT $4.77m $2.44m 95.5% EBIT % 13.4% 8.7% • Growth in almost all markets • Improved performance • Significant projects • Pricing remained competitive • Margin improvemen
Slide 5: Production Services Financial Overview
Korvest Ltd Production services Financial Overview 5 For personal use only Dec 2011 Dec 2010 % Change Sales $2.94m $3.04m (3.3%) EBIT $0.80m $0.43m 88.5% EBIT % 27.3% 14.0% • Improved volumes • Project driven • Increased internal volumes • Spin plant volumes made positive contribution • Plant contin
Slide 6: Dividends
Korvest Ltd Dividends 6 For personal use only FY 2012 FY 2011 FY 2010 FY 2009 FY 2008 Interim Dividend per Share 18c 11c 17c 17c 14c Final Dividend per Share 15c 15c 17c 14c Special Dividend per Share 5c Total Dividend per Share 26c 32c 34c 28c Franking 100% 100% 100% 100% 100% Record Date 24 Feb 20
Slide 7: Balance Sheet
Korvest Ltd Balance Sheet 7 For personal use only $MIL Dec 2011 June 2011 Dec 2010 ASSETS Cash & Cash Equivalents 3.3 1.6 - Receivables 15.6 16.0 12.6 Inventories 9.7 9.2 11.5 Property, Plant & Equip 17.3 17.2 15.7 Total Assets 45.9 44.0 39.8 LIABILITIES Overdraft - - (0.4) Payables (6.1) (7.5) (5.4
Slide 8: For personal use only
For personal use only Australia’s leading range of cable and pipe support systems. www.ezystrut.com.au 580 Prospect Road, Kilburn, South Australia 5084 PO Box 306, Enfield Plaza, South Australia 5085 T 08 8360 4500 E korvest@korvest.com.au www.korvest.com.au premium suppliers of grating, handrail, e