Black Diamond Group Limited · TSX:BDI
Black Diamond — Q4 2015 Earnings Presentation
9 slides from Black Diamond's earnings presentation, February 2016
Slide 1: 2015 Fourth Quarter Operational Highlights
2015 Fourth Quarter Operational Highlights Trevor Haynes (CEO) and Toby LaBrie (CFO) Investor Relations | rmadell@blackdiamondgroup.com | 587-233-7462
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements. The use of the words “anticipate”, “continue”, “estimate, “expect”, “will”, “project”, “should”, “believe”, “intend” and similar expressions identify forward-looking statements. These statements involve known and unkno
Slide 3: Positioned for Sustainability
Positioned for Sustainability Reduction in Long-term debt $37M 19% reduction to $159M as at Dec 2015 (Net Debt: $153M) due to healthy collection activity and lowered financial outflows Reduction in Administrative Expenses 23% Excluding non-cash share based compensation costs, Administrative expenses
Slide 4: 2016 Capital Plan Reduced to $10 million
2016 Capital Plan Reduced to $10 million Primary $2.7 million committed regions of focus as at December 31, 2015 • The remainder is discretionary • Stringent Capital Controls in Place • Q1 2016 capital spending not likely to exceed committed capital (Does not contemplate LNG) Roughly $3 million of c
Slide 5: Fourth Quarter 2015 Financial Review
Fourth Quarter 2015 Financial Review Revenue $52.0 million Down 41% or $36.8 million from Q4 2014 Down 23% or $3.3 million from the year Administrative $11.1 million before due to reductions in personnel costs Expenses and ongoing cost management Adjusted $15.9 million Down 43% or $12.2 million EBIT
Slide 6: Q4 2015 Adjusted EBITDA $15.9 Million
Q4 2015 Adjusted EBITDA $15.9 Million Business Unit Performance Adjusted EBITDA Waterfall Structures 2015 Q4 vs 2014 Q4 • EBITDA down $6.9 million due to a decrease in utilization and rental 30.0 rates in Western Canada Logistics 25.0 -6.9 • EBITDA down $6.8 million due to a 13% reduction in average
Slide 7: Quarterly Review
Quarterly Review For the three months For the twelve months Financial Highlights ended ended (in millions of dollars except per share amounts and ratios) Dec 31, Dec 31, % Dec 31, Dec 31, % Change 2015 2014 Change 2015 2014 Profit (loss) (7.8) (3.6) (114%) 8.4 35.0 (76%) Earnings per share (basic) (
Slide 8: 2015 Cash Flow Management
2015 Cash Flow Management 2015 EBITDA vs. Cash Outflows 35.0 30.6 30.0 25.0 17.9 23.3 $ Millions 20.0 18.2 19.2 12.0 15.9 15.0 10.0 9.9 9.9 1.5 9.9 5.0 7.4 2.2 2.1 1.9 2.8 2.8 2.0 - 1.6 Q1 Q2 Q3 Q4 Cash Tax Finance Costs Dividends paid Capex Consolidated EBITDA Managing cash flow prudently Maintaini
Slide 9: Thank You!
BLACK DIAMOND GROUP THANK YOU!