Saunders International Limited · ASX:SND
Saunders International — Investor Presentation (February 2019)
15 slides from Saunders International's investor presentation, Feb 27, 2019
Slide 1: Half Year Results 2019
Half Year Results 2019 Investor Presentation Managing Director & CEO Mark Benson | CFO Rudy Sheriff | 27th February 2019
Slide 2: Group Performance
Group Performance Revenue EBITDA Work in Hand Live Tender Pipeline FY2019 H1 FY2019 H1 FEB 2019 FEB 2019 FEB 2019 $28M $0.4M $46M $201M * $224M Down 34% Down 79% Up 10%* (Compared to 31st December 2017) * Compared to 30th June 2018 * $86M Preferred Contractor status
Slide 3: Highlights FY19 H1
Highlights FY19 H1 • Safety performance continues to improve with entire group remaining LTI free since May 2013 • $12M of wins of Infrastructure projects, further $6m preferred contractor status • $13M Letter of Intent for tank maintenance • Preferred contractor on a bulk liquid storage terminal op
Slide 4: FY19 H1 - Financial Snapshot
FY19 H1 - Financial Snapshot 31 DECEMBER 2018 31 DECEMBER 2017 HALF YEAR $000 HALF YEAR $000 REVENUE $28,086 $42,683 EBITDA $399 $1,887 NPAT ($144) $1,019 31 DECEMBER 2018 30 JUNE 2018 HALF YEAR $000 FULL YEAR $000 NET CASH $12,667 $12,337 EPS 0.00 cents 1.07 cents WORK IN HAND $46M $42M
Slide 5: FY19 H1 - Balance Sheet
FY19 H1 - Balance Sheet BALANCE SHEET 31 DECEMBER 2018 $000 30 JUNE 2018 $000 ASSETS Cash 12,667 12,377 Trade receivables 5,437 6,590 Plant & equipment 10,299 10,166 Deferred tax assets 2,213 1,885 Others 615 4,166 TOTAL ASSETS 31,231 35,154 LIABILITIES Payable 4,557 7,147 Provisions 3,276 4,100 Oth
Slide 6: Our Business
Our Business Our strong order book REVENUE DISTRIBUTION is evidence that our diversification strategy is on track through PNG 8% acquisition and organic growth. MAINTENANCE ACTIVITIES NEW CALEDONIA 3% 42% INFRASTRUCTURE QLD 13% ACTIVITIES 58% SA 1% NSW 62% VIC 13%
Slide 7: Strategic Objectives
Strategic Objectives “Building on our foundations to deliver for our shareholders” ENGINEERING NEW DELIVERING TO ASSET SERVICES CIVILBUILD CONSTRUCTION MARKET SECTORS SHAREHOLDERS Position the Group for Expand our Develop long term Expansion into energy Focussed on returning success on upcoming main
Slide 8: Business Improvement Focus
Business Improvement Focus Project Controls Recruitment Tools & Analysis Engineering & Fabrication People and Systems Office Workshop Equipment
Slide 9: Our Projects
Our Projects “We are driven by a commitment to safety, innovation, excellence and growth while delivering high quality engineered solutions across the complete asset life cycle”
Slide 10: Engineering Construction Projects
Engineering Construction Projects Revenue Contribution FY19 H1 Tank conversion – Townsville, QLD Fire System Upgrade – Townsville, QLD 27% Acid Storage Tank – New Caledonia 9 process tanks – Lake Cowal, NSW
Slide 11: Asset Services Projects
Asset Services Projects Revenue Contribution FY19 H1 Peats Ferry Bridge – Peats Ferry, NSW Floating roof – Clyde, NSW 42% SMP & civil works– Cairns, QLD Tank Maintenance – Altona, VIC
Slide 12: Civil Build Projects
Civil Build Projects Revenue Contribution FY19 H1 Bullocky’s Bridge - Allynbrook, NSW Harty’s Creek Bridge – Comboyne, NSW 31% Hebden Road Rail Bridge - Hunter Valley, NSW Martins Creek Bridge – Martins Creek, NSW
Slide 13: Our Outlook
Our Outlook • Order book - $46M February 2019 • Live tenders - $201M • Pipeline - $224M • Solid pipeline of infrastructure projects • Increased tender activity in core bulk liquid storage sector • Competition remains high • FY19 H2 result dependent on new project start dates
Slide 14: SI Disclaimer
SI Disclaimer IMPORTANT NOTICE This presentation has been prepared by Saunders International Limited (“Saunders”) as a summary of the Company and its operations and for general information purposes only. This presentation is not and should not be considered as an offer or invitation to subscribe for
Slide 15: Contact details
disclaimer (02) 9792 2444 www.saundersint.com mail@saundersint.com 271 Edgar Street, Condell Park NSW 2200
Saunders International — Investor Presentation (February 2019) on 6ix