Boom Logistics Ltd · ASX:BOL
Boom Logistics — Shareholder Meeting (October 2012)
19 slides from Boom Logistics's shareholder meeting presentation, Oct 23, 2012
Slide 1: 2012 Annual General Meeting
For personal use only 2012 Annual General Meeting 23 October 2012
Slide 2: Mr John Robinson, Chairman
For personal use only Mr John Robinson Chairman 1
Slide 3: Strong Profit Improvement in FY12
Strong Profit Improvement in FY12 For personal use only Last year (FY11) Structural changes ─ Lower fixed cost base through business exits and restructure ─ Flatter management structure ─ Improved systems ─ Re-financed debt, with a lower cost of funds Impacts masked by weather events Benefit
Slide 4: Continued Business Improvement Driving Stronger Returns
Continued Business Improvement Driving Stronger Returns For personal use only Continued implementation of business improvement initiatives Invested $58.2 million in Plant & Equipment Reduced gearing from 40%, down to 36% Return on Capital Employed (trading assets) improved from 7% (FY11) to
Slide 5: Outlook for FY13
Outlook for FY13 For personal use only FY13 guidance provided with the release of the FY12 results in August 2012 Trading EBIT of $47m - $50m ($35.5m in FY12) Some business softening in the intervening period, however Boom’s primary role is to support maintenance activity across the various op
Slide 6: Closing
Closing For personal use only Dr Huw Davies retiring from the Board after 10 years service as a Non- Executive Director The Board acknowledge the skills and dedication at all levels of our workforce, providing a solid base for future growth and improved shareholder returns 5
Slide 7: Mr Brenden Mitchell, Managing Director
For personal use only Mr Brenden Mitchell Managing Director 6
Slide 8: Safety
Safety For personal use only TRIFR TRIFR of 14.4 at 30 June 2012 Rolling 12-months (a 39% reduction from the previous year) 28.8 As a business we reaffirm our commitment to Zero Harm and our strong belief that safety is 23.5 inseparable from our operations and operational discipline 14.4 Note: T
Slide 9: Business Strategy
Business Strategy Focused on leading companies in Australia For personal use only Delivering industrial services utilising operators and equipment ─ cranes, travel towers, transport and other assets ─ for major customers in the mining & resources, energy, utilities and infrastructure sectors BHP Bil
Slide 10: Business Strategy: National presence in attractive market sectors
Business Strategy National presence in attractive market sectors Over 3,000 customers For personal use only Over 1,150 employees across 45 depots Over 490 cranes and 300 travel towers Proportion of pro forma FY12 core business revenue North Western Australia 20% Servicing the Iron Ore, LNG, Ce
Slide 11: FY12 Business Performance: Financial Highlights
FY12 Business Performance Financial Highlights FY11 FY12 Growth For personal use only Revenue from Core Business 1 $284.2m $316.1m 11% Trading EBIT 2 $23.2m $35.5m 53% Trading NPAT $5.4m $18.5m 246% Cash flow from operations & $39.9m $51.7m asset disposals Investment in plant & equipment $33
Slide 12: Return on Capital Employed (ROCE)
FY12 Business Performance Return on Capital Employed (ROCE) For personal use only ROCE improvement by 3 percentage points driven by strong profit growth: FY11 Trading EBIT $23.2m 53% FY12 Trading EBIT $35.5m FY11 ROCE 5.0% FY12 ROCE 8.0% FY11 Capital Employed $437.9m 4% FY11 ROCE FY12 Capital Employ
Slide 13: Ongoing Business Improvement
Ongoing Business Improvement Further enhancing our value proposition For personal use only Continuing to improve our safety and quality frameworks with the introduction of our Fatal and Catastrophic Risk Protocols and Life Saving Rules Leveraging off our infrastructure and performance with maj
Slide 14: Business Outlook FY13
Business Outlook FY13 Boom’s market fundamentals are strong For personal use only Boom’s major customers in the mining and resources sector: ─ are leaders and low cost producers in their respective markets and therefore are well-positioned through commodity cycles ─ remain committed to steady in
Slide 15: Business Outlook FY13
Business Outlook FY13 The September 2012 quarter will deliver a Trading EBIT of $12.2m For personal use only Excludes $0.5m restructuring costs for the Brisbane business Based on the last two years, our second quarter has been approximately 26% lower than the first quarter Based on prevailin
Slide 16: Our People
Our People For personal use only Diversity in action at Boom Logistics Diane Deegan, the first indigenous female open ticket crane operator in our business and understood to be the first in Australia We acknowledge the efforts and achievements of our people for rising to the challenge of impro
Slide 17: 2012 Annual General Meeting
For personal use only 2012 Annual General Meeting 23 October 2012
Slide 18: Disclaimer
For personal use only Disclaimer This presentation contains certain forward-looking statements with respect to the financial condition, results of operations and business of Boom and certain plans and objectives of the management of Boom. Forward-looking statements can generally be identified by the
Slide 19: Boom Logistics contact details
2 E S) @ ) = @ ‘= e) D = ® oe = S) BOOM Logistics Level 6, 55 Southbank Boulevard Southbank Victoria 3006 T; +61 3 9207 2500 F; +613 9207 2400 E: info@boomlogistics.com.au www. boomlogistics.com.au BOOM Logistics Limited ABN 28 095 466 961