Gr Engineering Services Ltd · ASX:GNG

Gr Engineering Services — Shareholder Meeting (November 2020)

14 slides from Gr Engineering Services's shareholder meeting presentation, Nov 25, 2020

  1. Slide 1: Annual General Meeting Presentation – FY20

    Annual General Meeting Presentation – FY20 25 November 2020 For personal use only

  2. Slide 2: Our Strategy

    Our Strategy For personal use only Growing to increase the Company’s diversity and strength Facilitate larger projects and minimise vulnerability to changing market conditions Extend Strategic Larger Geographical Alliances and Projects Presence Investments Strong Extend Client and Diversify Acquisit

  3. Slide 3: FY20 Results Summary

    FY20 Results Summary For personal use only Earnings Balance Sheet & Cash Flow Revenue Cash $40m $250m $200m $30m $150m $20m FY20 FY19 FY20 FY19 $100m 37.5 31.4 222.4 182.3 $10m $50m $0m $0m EBITDA Net Operating Cash Flow Underlying $30m $15m EBITDA* $25m $10m $20m FY20 $15m FY19 $5m FY19 11.3 9.9 $1

  4. Slide 4: FY20 Results

    FY20 Results For personal use only  During FY20, GR Engineering increased revenue by 22.0% to $222.4 million. The solid underlying EBITDA contribution of $11.3 million was the result of a strong second half performance. GR Engineering recorded an underlying EBITDA contribution of $9.3 million in th

  5. Slide 5: Mineral Processing

    Mineral Processing For personal use only  Practical completion achieved in FY20: - OZ Minerals Limited’s Carrapateena Northern Wellfield Water Supply Project in South Australia - Kirkland Lake Gold Limited’s Fosterville Paste Plant Project in Victoria  GRES has been successful in building up its c

  6. Slide 6: Mineral Processing

    Mineral Processing For personal use only  GR Engineering’s pipeline of work opportunities includes: Galena Mining Ltd Abra Base Metals Project $74m Australia Geopacific Resources Ltd Woodlark Gold Project $92m PNG EcoGraf (Australia) Ltd WA Battery Graphite Manufacturing Facility $25m Australia She

  7. Slide 7: Oil & Gas

    Oil & Gas For personal use only  GR Engineering’s wholly owned subsidiary, Upstream PS, generates longer term operations and maintenance services revenue which results in baseline revenue alongside project based design and construction work.  During FY20, revenue contributions were primarily from:

  8. Slide 8: Balance Sheet

    Balance Sheet For personal use only  Strong balance sheet maintained at 30 June 2020  Cash: $37.5 million (30 June 2019: $31.4 million)  Significant headroom on bank guarantee and bonding facilities  Net operating cashflows: $11.2 million (FY19: $24.7 million)  Full year dividends paid: 6 cents

  9. Slide 9: FY21 Outlook

    FY21 Outlook For personal use only  As the consolidated entity moves into FY21, GR Engineering has a strong order book dominated by Australian projects.  The consolidated entity expects revenue for FY21 to be in the range of $280 million to $300 million, with improved EBITDA margins.  GR Engineer

  10. Slide 10: Capabilities

    Capabilities For personal use only GR Engineering Selected Clients  Process engineering design and construction contractor servicing the mining and minerals processing industry  Specialising in EPC / EPCM project delivery to provide project outcomes with secure cost, time, plant performance and co

  11. Slide 11: Corporate Profile

    Corporate Profile Share Price Performance For personal use only Capital Structure $1.40 0.9 $1.20 0.8 Shares on issue m 155.2 0.7 $1.00 Share price (GNG.ASX) (20 Nov 2020) $ 1.07 0.6 $0.80 0.5 Market Capitalisation $m 166.0 $0.60 0.4 Cash (30 June 2020) $m 37.5 0.3 $0.40 0.2 Debt (30 June 2020) (exc

  12. Slide 12: Contact Details

    Contact Details Australian Office Details GR Engineering Services Ltd For personal use only 71 Daly Street Building 3, Level 3, Geoff Jones Ascot WA 6104 Kings Row Office Park 42 McDougall Street Managing Director  PO Box 258 Milton QLD 4064 Belmont WA 6984  +61 8 6272 6000  +61 7 3838 8000  geo

  13. Slide 13: Disclaimer

    Disclaimer For personal use only RELIANCE ON THIRD PARTY INFORMATION NO OFFER OF SECURITIES DISCLOSURE OF NON- IFRS FINANCIAL This presentation may contain Information that has been Nothing in this presentation should be construed as INFORMATION derived from publicly available sources that have not

  14. Slide 14: GRES Locations

    For personal use only GRES Locations

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