Atlas Engineered Products Ltd. · TSXV:AEP
Atlas Engineered Products — Investor Presentation (September 2024)
22 slides from Atlas Engineered Products's investor presentation, September 2024
Slide 1: Atlas Engineered Products
TSX.V:AEP OTC:APEUF AED ATLAS ENGINEERE PRODUCTS
Slide 2: AEP Uniquely Positioned for Growth
2 AEP Uniquely Positioned for Growth
Slide 3: Atlas Engineered Products is the market leader in Canada of structural wood products
Atlas Engineered Products is the market leader in Canada of manufactured and engineered structural wood products for residential and commercial construction Established platform serving Canadian and U.S. markets from eight manufacturing facilities Ticker Symbol AEP.V Last Price $1.35 Supportive macr
Slide 4: Since inception in November 2017, we have grown to eight companies
Since our inception as AEP in November 2017, we have grown to eight companies. Our vision is to create a national family of operating companies deeply entrenched in serving regional construction markets. We are strengthening financial and operational performance of these acquired companies through s
Slide 5: Specialist design team using cutting edge design and engineering technology
Our specialist design team uses cutting edge design and engineering technology that ensures you get consistent, accurate, top quality product from our facility. We even help with acquiring building permits. AEP’s team of designers employs state- of-the-art BIM (Building-Information- Modeling) softwa
Slide 6: Roof Systems & Roof Trusses
Roof Systems & Roof Trusses Reduce installation times, increase your span options and employ our cost effective, cutting edge design and engineering team. From the simplest residential building to the most complex commercial designs, AEP roof trusses can be a cost effective and efficient part of you
Slide 7: Floor Joists, Floor Trusses, Floor Panels
FLOOR FLOOR FLOOR JOISTS TRUSSES PANELS A practical alternative to framing onsite, our custom-built floor panels give you greater quality control and ensure seamless integration with your wall and roof components. Quality floor systems and floor trusses from a production facility that also allows cu
Slide 8: AEP wall panels
A cost-effective alternative to framing onsite, AEP wall panels give you greater quality control, ability to reduce on site labour requirements, and ensure a seamless integration with your floor and roof components. Our specialized design software and manufacturing capacity ensures that your walls a
Slide 9: AEP Uniquely Positioned for Growth
9 AEP Uniquely Positioned for Growth
Slide 10: Cost effective and efficient offsite manufacturing advantages
+ Cost effective and efficient Offsite customized manufactured roof & + National buying power floor trusses and wall panels can be + Best-in class design, production installed onsite up to 5x’s faster than and automation technology traditional stick frame construction Roof, wall and floor systems an
Slide 11: Canada housing shortage of 3.5M units by 2030
“To restore affordability, an Canada is on track to break Federal government reveals plan additional 3.5M affordable ground on about 210,000 housing to bring in 500,000 immigrants housing units are needed by units this year but about 100,000 per year by 2025. 2030. ” additional housing starts are -
Slide 12: Organic growth initiatives and M&A criteria
+ Equipment upgrades, automation, and technological improvements + Product diversification + Sales and territory expansion + Manufacturing capacity growth + Integration efficiencies + Constantly assessing M&A targets for potential acquisitions + Is the geographical location ideal, does it fit with o
Slide 13: Wall panel and EWP expansion, talent and automation
+ Wall panel expansion Continue to develop new talent with + EWP expansion technical experience to provide our + Explore new products that add customers with the best products for synergies with our current products efficiency and ease and add value for our customer base Continue automating and upgr
Slide 14: Canada's inaugural platform of robotic truss manufacturing plants
AEP is establishing Canada's inaugural platform of robotic truss manufacturing plants to drive significant value creation Increase output capacity by 100% Existing Facility Reduce labor inputs by 50% Robotic Implementation Payback period <2 years Existing Facility Fully-funded to execute Robotic Imp
Slide 15: M&A is an ongoing part of our growth initiatives
M&A is an ongoing part of our growth initiatives. We are constantly assessing potential M&A targets and will announce acquisitions as they develop. + The manufactured wood products industry is AEP is providing an opportunity for many of these characterized by hundreds of small regional small operato
Slide 16: AEP positioned to eliminate the industry's two biggest pain-points
AEP is the well positioned to eliminate the industry’s two biggest Labour market is the tightest since 1990 and projected to become even tighter pain-points. Need for innovation is crucial to survival Number of additional Proportion of but companies are slow to adapt construction workers constructio
Slide 17: AEP Uniquely Positioned for Growth
2017 2018 2019 2020 2022 2023 17 AEP Uniquely Positioned for Growth
Slide 18: Integration of acquisitions and EBITDA improvements
+ Integration is key after a + The table shows the potential EBITDA share or asset acquisition. improvements with acquisitions in their various The Company aims to stages of the integration process implement national buying + Share Acquisition 1: Integration completed, power, system upgrades, organi
Slide 19: Revenue, Gross Profit, Normalized EBITDA and Free Cash Flow
70 Free Cash Flow Millions Normalized EBITDA 61.9M 60 Gross Profit 55.0M Revenue 49.4M 50 40 34.8M 35.7M 30 19.8M 20 16.2M 15.7M 12.9M 13.6M 11.0M 9.9M 10 8.5M 7.3M 8.3M 4.5M 4.0M 3.9M 1.6M 0.2M 0 2019 2020 2021 2022 2023 Return on Equity 0% 2% 35% 39% 9% 19 AEP Uniquely Positioned for Growth
Slide 20: Management team
As CFO, Mrs. MacRae provides overall leadership As COO: Ms. Dhaliwal leads the development of Mr. Abassi founded AEP in 1999 in Nanaimo, BC and direction for the Company’s financial the overarching operational strategy for all and they manufactured roof trusses for operations as she oversees account
Slide 21: Board of Directors
Board of Directors Don Hubbard, ICD.D Hadi Abassi Paul Andreola Board Chair Director, CEO & President, Founder Director Mr. Hubbard is currently President and CEO of Mr. Abassi founded AEP in 1999 in Nanaimo, BC Mr. Andreola has over 25 years of business Hubbard Consulting Ltd., and Owner of RCR and
Slide 22: Investor relations contact
Jake Bouma Bouma Consulting Ltd. jake.bouma@atlasaep.ca IR Consultant for AEP Atlas Engineered Products 2005 Boxwood Rd Nanaimo, BC V9S 5X9 info@atlasaep.ca
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