Slide 1: Half-year presentation
For personal use only Half-year 2011 presentation August 23 2011
Slide 2: HY 12/13 Highlights
HY 12/13 Highlights For personal use only » Another period of solid performance by Austin, with the benefit of new revenue streams coming through as operations have expanded globally » Breadth and scale of operations have provided a firm and growing earnings base despite recent periods of uncertaint
Slide 3: Revenue, EBITDA and Dividend Developments
HY 12/13 Revenue, EBITDA and Dividend Developments EBITDA ($m) For personal use only Revenue CAGR FY07-FY13: 32% CAGR FY07-FY13: 45% 350 60 300 50 250 40 200 165 2H 30.2 2H 30 1H 1H 150 113 18.7 85 20 16.6 100 77 10.7 157 30.1 63 11.0 125 10 19.9 50 28 95 91 17.0 67 4.6 13.1 12.4 29 43 7.9 0 3.9 0 F
Slide 4: Financial Results - Summary
HY 12/13 Financial Results - Summary For personal use only 1H 11/12 1H 12/13 Half-on-Half $m $m % Change Revenue 125.34 156.98 25% EBITDA 19.88 30.05 51% NPBT 16.14 23.95 48% NPAT 11.68 17.21 47% EBITDA/Revenue 15.9% 19.1% 3.2% NPBT/Revenue 12.9% 15.3% 2.4% NPAT/Revenue 9.3% 11.0% 1.7% Basic Earning
Slide 5: Financial Results - Segment Revenue and EBITDA
HY 12/13 Financial Results - Segment Revenue and EBITDA For personal use only 1H 11/12 1H 12/13 Half-on-Half $m $m % Change Revenue: Australia 89.32 107.85 21% Americas 30.38 42.31 39% Middle East 0.98 1.28 31% Asia (Indonesia) 4.66 5.54 19% 125.34 156.98 25% EBITDA: Australia 13.69 19.71 44% Americ
Slide 6: Financial Results - Segment Review
HY 12/13 Financial Results - Segment Review Group Result: For personal use only » More consistent workloads for some of the larger business units compared to the previous year » Better utilisation of productive capacities resulted in higher efficiencies and revenue levels » Additional revenue and pr
Slide 7: Financial Results - Segment Review: Americas
HY 12/13 Financial Results - Segment Review Americas: For personal use only » 39% growth in revenue half-on-half across the region » Improved EBITDA margin of 19.7%, up over 4% on pcp, with EBITDA volumes rising by 75% » More subdued business conditions in North America for Westech operations, with
Slide 8: Balance Sheet and Cash Flow
HY 12/13 - Balance Sheet and Cash Flow For personal use only Dec 12 Jun 12 » Ongoing balance sheet strength, net assets up 8% with most of the $m $m net increase coming from the half-year NPAT result and the payment of the final FY 11/12 dividend Working capital 17.12 9.66 » Net tangible assets per
Slide 9: Business Update - Australia
Business Update - Australia For personal use only Queensland: Brisbane: » Business conditions for the first half were fair but down on previous periods » Finished the first half slightly behind internal budgets » Work-loading still at 50% for the second half due to subdued conditions in the coal sec
Slide 10: Business Update - Australia
Business Update - Australia For personal use only Western Australia: Perth: » Produced an excellent result for the first half of FY 12/13 » Firm orders and full workload until the end of January 2014 and client schedules/deposits out to March 2014 » 3 year agreement for the supply of mining products
Slide 11: Business Update - Americas
Business Update - Americas For personal use only North America - Westech, Wyoming: » Good operating result for the first half of the year, ahead of internal budgets » Marked slowdown in USA-based coal markets but the diverse locations of clients and commodities gives Westech some stability from othe
Slide 12: Business Update - Americas
Business Update - Americas For personal use only Peru: » Produced a result ahead of internal budgets » Success in securing additional scope for existing maintenance contracts and orders have been received for newly introduced/designed products » Orders for the manufacture of Austin’s existing produc
Slide 13: Business Update - Indonesia and Middle East
Business Update - Indonesia and Middle East For personal use only Indonesia - Batam Island: » Result for the half-year below internal budgets » Significant slowdown in the Indonesian coal industry being experienced » Secondary orders for oil and gas projects have been secured to keep momentum going
Slide 14: Expansion Plans Update
Expansion Plans Update For personal use only Brazil: » Awaiting the outcome of a significant tender for Vale over a 3 year period for a number of Austin’s products; decision expected before the end of February 2013 » A portion of this tender will result in a significant increase in the workload for
Slide 15: Outlook
Outlook For personal use only » Currently experiencing variable conditions across our businesses » Some operations have good-to-excellent workload levels whilst others need to win tenders and secure more orders over the next 2 months to meet internal budgets » Austin’s diversified operations, locati
Slide 16: Snapshot of Austin's Principal Products
Snapshot of Austin’s Principal Products For personal use only Westech “Flow Control” Dump Truck Body JEC “Modular Design” Dump Truck Body JEC Underground Dump Truck Body Excavator Buckets Tyre Handlers Water Tanks and Service Modules
Slide 17: For personal use only
WWW.AUSTINENG.COM.AU