Chesterfield Special Cylinders Holdings Plc · LSE:CSC
Chesterfield Special Cylinders — Shareholder Meeting (February 2014)
8 slides from Chesterfield Special Cylinders's shareholder meeting presentation, Feb 13, 2014
Slide 1: AGM Presentation
AGM Presentation 13 February 2014 John Hayward, CEO Alan Wilson, Chairman
Slide 2: A well balanced and profitable group
A well balanced and profitable group Engineered Products Cylinders Alternative Energy Revenue £16.0m +13% Revenue £17.3m +6% Revenue £1.1m up £0.9m Op profit £1.6m +60% Op profit £3.6m +56% Op loss £(0.5)m unchanged Designing products and services to satisfy specific customer needs in: Oil and Gas D
Slide 3: Outlook for exploration and production (E&P)
Outlook for exploration and production (E&P) Global E&P spending to reach an all-time record US$723bn in 2014, fifth year in a row of growth Mid-size International Oil Companies under shareholder pressure to deliver cash & yield rather than spending on capex North America to spring back with 7% spen
Slide 4: What's driving demand?
What’s driving demand? World’s population increasing by about 1 billion every 12 years Future global GDP growth & energy demand Non-OECD driven A thirst for all sorts of energy Coal, Oil, Gas, Hydro, Nuclear and Renewables …for many purposes Transport, industry, power generation and other Source: Un
Slide 5: High prices supporting unconventionals
High prices supporting unconventionals Current investment hurdle rate Current investment hurdle rate Source: Pareto Securities E&P Survey 2013 Source: BP Energy Outlook 2030 5
Slide 6: Investment
Investment Manufacturer of Gas Transport Modules (GTMs) 40% stake acquired for US$500,000 and US$3.5 million loan Option to increase to 80% in 2015 via payment of US$500,000 and provision of further loans High growth potential and good reputation US market forecast US$130m in 2016 US$70m served by c
Slide 7: Investment
Investment Bulk gas transportation process (mother-daughter principle) Max. 150 miles GTM vehicle delivers gas to daughter station Mother station Daughter station In some cases vehicle takes flare gas from oil rigs Takes gas from existing gas Receives gas and dispenses it to supply line (e.g. pipeli
Slide 8: Outlook
Outlook Great markets Continued growth in oil and gas market High added value opportunities in defence Biogas upgrading market growing rapidly New market with huge potential - Gas Transport Modules Great products Strong demand for core products Development programme of next generation products Devel
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