Slide 1: Full Year Results FY21
Full Year Results FY21 AUGUST 2021 Fleetwood Australia Full Year Results FY21
Slide 2: Operating Segments
Operating Segments ACCOMMODATION SOLUTIONS WA SA VIC Communities NSW QLD Fleetwood Australia Full Year Results FY21 2
Slide 3: Highlights FY21
Highlights FY21 + Underlying EBITA of $26.3m, up 18% + Building Solutions up 46% + Accommodation Solutions down 10% + RV Solutions up 111% + $57.6m in net cash + Final Dividend of 10.5 cps + Full Year Dividend of 16.5 cps Petrie Terrace State School, Queensland Fleetwood Australia Full Year Results
Slide 4: Earnings Summary
Earnings Summary + Improved results from Building Solutions and RV $ Million FY21 FY20 Change Solutions, partially offset by a weaker second half for Accommodation Solutions Revenue 360.1 329.9 9% + Building Solutions: EBITDA 42.5 38.2 11% + Strong operational performance in Victoria Depreciation 16
Slide 5: Cashflow Summary
Cashflow Summary + Solid cashflow generation $ Million FY21 FY20 + Tax payments recommenced EBITDA 42.5 38.2 + Working capital impacted by two major projects remaining under construction over year end Cash outflows from discontinued businesses (0.3) (0.3) + Project finance advance returned in July 2
Slide 6: Balance Sheet Summary
Balance Sheet Summary + Strong cash position $ Million FY21 FY20 + No balance sheet debt. Credit facilities totalling $85m drawn to $18m for performance bonds Net working capital 35.1 18.7 + Working capital impacted by two major projects Property Plant and Equipment 39.8 45.0 under construction over
Slide 7: Building Solutions Performance
Building Solutions Performance + Strong performance in Western Australia and Victoria $ Million FY21 FY20 driven by education, mining and housing sectors + Operational integration issues in New South Wales Revenue 249.1 223.2 continued EBITA 9.6 6.6 + Order book remains strong at $103m (FY20 $74m, b
Slide 8: Building Solutions Strategy and Outlook
Building Solutions Strategy and Outlook Strategy + Diversify and grow the revenue base + Expand existing industry market segments to increase revenue + Generate more balanced and sustainable revenue sources at each operation to optimise State by State capacity + Nationalise and integrate the busines
Slide 9: Accommodation Solutions Performance
Accommodation Solutions Performance + Strong first half offset by a return to normal $ Million FY21 FY20 occupancy levels and increased Karratha room supply in the second half Revenue 38.3 43.6 + Rio Tinto renewed its Searipple contract for 16 EBITA 14.6 16.2 months + Osprey Village in Port Hedland
Slide 10: Accommodation Solutions Strategy and Outlook
Accommodation Solutions Strategy and Outlook Strategy Karratha FIFO market (Rooms) + Identify select project opportunities as + Short term market oversupply Build, Own, Operate and Transfer + Significant medium term opportunities available + Target sectors include mining, residential Rooms and aged
Slide 11: RV Solutions Performance
RV Solutions Performance + OEM and aftermarket segments experienced $ Million FY21 FY20 strong trading conditions + International border closures drove increased Revenue 72.4 62.9 domestic travel and general product and service EBITA 7.8 3.7 demand + Retail stores saw increased foot traffic and onli
Slide 12: RV Solutions Strategy and Outlook
RV Solutions Strategy and Outlook Strategy + Expand products and renovations offering in the aftermarket + Commercialise new products such as sandwich panel walls and aluminium frames Outlook + Medium-term outlook remains strong for domestic travel market + Potential reluctance for overseas travel,
Slide 13: Summary and Outlook
Summary and Outlook ACCOMMODATION SOLUTIONS + Positioned to leverage Government + Strong margin business, currently + Medium term outlook for domestic stimulus spending and resources impacted by room oversupply travel market remains strong construction + Significant anticipated demand wave + Leverag
Slide 14: Important Notices and Disclaimer
Important Notices and Disclaimer The information contained in this presentation is provided by Fleetwood Limited ACN. 009 205 261 (Fleetwood) for informational purposes only and does not constitute an offer, invitation or recommendation to subscribe for or purchase any securities and neither this pr
Slide 15: Thank you
Thank you Investor Relations T 08 9323 3300 E info@fleetwood.com.au Fleetwood Australia Full Year Results FY21 15