Slide 1: FY15 Full Year Results Review
FY15 FULL YEAR For personal use only RESULTS REVIEW “Progressing to plan”
Slide 2: Agenda
Agenda For personal use only GROUP RESULTS OVERVIEW BUSINESS UNIT REVIEW OUTLOOK 150 Collins Street, Westpac Building. Mechanical work was completed by Allstaff Airconditioning (VIC) in 2014.
Slide 3: Full Year Highlights
Full Year Highlights For personal use only Revenue up 10.6% to $543.7m, EBITDA up to $14.2m (2014: loss of $10.7m). Underlying EBITDA $15.4m (2014: Loss of $10.7m). Significantly NPAT of $3.9m (2014: loss of $54.8m). Strengthened Net cash inflow from operations of $19.6m (2014:$5.6m). Financ
Slide 4: Full Year Results
Full Year Results For personal use only Summary ($000) FY14 FY15 FY15 Revenue $543.7m (2014: $491.5m) up 10.6%. Revenue 491,512 543,693 EBITDA profit of $14.2 m (2014: loss of $10.7 m). EBITDA (10,748) 14,200 – FY15 significantly up following implementation of EBITDA % (2.2%) 2.6% business impro
Slide 5: Operational and Financial Momentum
Operational and Financial Momentum For personal use only CONTINUING GROWTH IMPROVING EXECUTION $600 Further improvements in embedding bidding and Millions contracting disciplines $400 Progress in resolving legacy project issues Significant improvements in working capital $200 management Incr
Slide 6: Cash Flow and Net Debt
Cash Flow and Net Debt For personal use only Net Cash – Significant turnaround from Net H1 H2 H1 H2 Debt to Net Cash position over the last 18 Summary ($000) FY14 FY15 2014 2014 2015 2015 months Net cash Capital raising impact (outflow)/inflow – (10,481) 16,062 5,581 (59) 19,689 19,630 operation
Slide 7: Good progress on the basics - More work required
Good progress on the basics - More work required For personal use only End to end • Now selling combined business offering Evolution of service • Moving to multi-services in TMS Client provision and • Design, construction and maintenance (e.g. Relationships bundling infrastructure, nbn) • Focus on s
Slide 8: Health & Safety Performance
Health & Safety Performance For personal use only BSA Group Monthly Lost Time Incident Trend Improving 6.00 5.00 4.00 3.00 2.00 Revised Goal 1.00 - Existing Goal Revised Goal Linear (BSA Group Continued reduction in Lost Time Injuries through 14/15. Renewed focus on proactive injury management a
Slide 9: Agenda
Agenda For personal use only GROUP RESULTS OVERVIEW BUSINESS UNIT REVIEW OUTLOOK 1 Shelley Street, Sydney. Technical Maintenance Services recently renewed their contract with Brookfield to provide HVAC maintenance services to Brookfield’s premium and A grade CBD properties.
Slide 10: Business Unit Overview
Business Unit Overview For personal use only Revenues 2015 TFFS 40% TDCP Proportion of 46% recurring revenues pcp 32% pcp 48% continues to increase TMS Now 54% 14% pcp 20% TECHNICAL FIELD FORCE SOLUTIONS TECHNICAL TECHNICAL DESIGN AND (TFFS) MAINTENANCE SERVICES (TMS) CONSTRUCTION PROJECTS (TDCP) $2
Slide 11: Technical Field Force Solutions
Technical Field Force Solutions For personal use only Revenue Overview (Excluding corporate recharges & Impairment) Revenue $215.4m (2014: $158.9m). $220 Millions EBITDA $8.3m (2014: $3.6m). $200 Completed 900,000 tickets of work in FY15. $180 Successful expansion of resource base to meet in
Slide 12: Technical Maintenance Services
Technical Maintenance Services Overview For personal use only Revenue (Excluding corporate recharges and Impairment) TMS revenue $75.6m (2014: $98.5m). Revenues in the year decreased due to reduced projects in the Western Australia Millions $120 resources sector and transfer of projects to TDCP
Slide 13: Technical Design & Construction Projects
Technical Design & Construction Projects For personal use only Revenue Overview (Excluding corporate recharges & Impairment) Revenue $252.7m (2014: $234.1m). EBITDA of $10.1m (2014: EBITDA loss of $12.4m). Millions Contracted work on hand for the business unit is strong and stands at $206m. $2
Slide 14: Agenda
Agenda For personal use only GROUP RESULTS OVERVIEW BUSINESS UNIT REVIEW OUTLOOK Technical Field Force Solutions continues to deliver telecommunications exchange work across the country.
Slide 15: Outlook
Outlook For personal use only Operations Pleasing progress on stabilisation of business but still further work required. Focus on sustainable improvement in margins. Focus on diversification of service offering and maximising internal business unit cross sell. Resolution of 2 remaining legac
Slide 16: Important Notice
Important Notice For personal use only This presentation has been prepared by BSA Limited (the “Company”) and provides general background information about the Company’s activities. That information is current at the date of this presentation. The information is a summary and does not purport to be