Slide 1: Investor Presentation: 2022 Full Year Results
For personal use only INVESTOR PRESENTATION 2022 Full Year Results August 2022 1
Slide 2: What we are
What we are Building global structures. Delivering more. For personal use only Australian-based, multi-disciplinary construction and heavy engineering services provider MAINTENANCE AND CONSTRUCTION MANUFACTURING CAPITAL WORKS CIVMEC Site Earth Works Shipbuilding Refractory 2 Structural Concrete work
Slide 3: Who we work with
Who we work with For personal use only Resources Energy Infrastructure, Marine & Defence CIVMEC BHP FMG WOODSIDE RIO TINTO ALCOA WATER CORP SOUTH32 SANTOS MAIN ROADS WA BOYNE SMELTERS 3 SANTOS KARARA GLENCORE TRANSPORT FOR NSW METSO ORICA TIANQI LITHIUM THYSSENKRUPP ONSLOW SALT MURRIN MURRIN CSBP BA
Slide 4: We operate Australia wide
We operate Australia wide For personal use only CIVMEC 4 4 Civmec Investor Presentation - Full Year Results
Slide 5: Years of delivering iconic projects
10 years of delivering iconic projects For personal use only Elizabeth Roy Hill Car South Perth Children’s Gorgon Quay Dumper Flank Hospital Bridge CIVMEC 5 Yandi Prelude Perth Stadium Kemerton Iron Bridge and Matagarup Lithium Refinery Bridge 5 Civmec Investor Presentation - Full Year Results
Slide 6: Who our leaders are
Who our leaders are For personal use only CIVMEC 6 PAT TALLON KEVIN DEERY Chief Executive Officer Chief Operating Officer / JAMES FITZGERALD Acting Chief Financial Officer Executive Chairman 6 Civmec Investor Presentation - Full Year Results
Slide 7: Culture, Safety and Sustainability
For personal use only Culture, Safety and Sustainability 7
Slide 8: Recent ESG activity
Recent ESG activity For personal use only 52% female Raised over $100,000 Launched Civmec’s inaugural corporate employees for charity Leadership Development Program CIVMEC 8 Appointed a Sustainability and Employed 2,800 Three-year Mental Health Environmental Advisor people Strategy implemented 8 Civ
Slide 9: Community & our future
Community & our future For personal use only Civmec is committed to building meaningful partnerships with community groups and supporting a range of worthy charities and local sporting clubs, with the aim of making a positive difference to the community around us. Homelessness Mental Health CIVMEC C
Slide 10: Employee development
Employee development For personal use only ≈ 2,800 Employed across our operations ≈ 1,800 Average number of employees securing extra training and upskilling per year ≈ 2,600 CIVMEC Training units delivered ≈ 130 Graduates, Trainees and Apprentices 10 ≈ 8% Female participation in apprenticeships 10 C
Slide 11: FY2022 Financial Overview
For personal use only FY2022 Financial Overview 11
Slide 12: Our strongest year to date
Our strongest year to date For personal use only $809.3m $90.8m $94.5m 20% increase on FY21 21% increase on FY21 28% increase on FY21 REVENUE GROSS PROFIT EBITDA CIVMEC $50.7m $374.1m $1,039m 47% increase on FY21 27% increase on FY21 3% increase on FY21 12 NPAT NET ASSETS ORDERBOOK 12 Civmec Investo
Slide 13: Income statement
Income statement For personal use only Record annual revenue and profit since inception. A$’m FY22 FY21 +/- Revenue 809.3 674.2 20.0% Targeted revenue growth in line with resource availability. EBITDA 94.5 73.8 28.1% Increase in COVID cases in Western Australia had minimal impact. NPAT 50.7 34.6 46.
Slide 14: Historical financial performance
Historical financial performance For personal use only A$’m Revenue A$’m NPAT 900 60 800 50 700 600 40 500 30 400 300 20 200 10 100 - - FY19 FY20 FY21 FY22 FY19 FY20 FY21 FY22 CIVMEC A$’m EBIDTA A$’m OrderBook 100 1,100 90 1,050 80 1,000 70 950 14 60 900 50 850 40 800 30 750 20 700 10 650 - 600 FY19
Slide 15: Resources
Resources For personal use only Revenue Gross Margin% Margin A$630.9m A$71.3m 11.3% CIVMEC HIGHLIGHTS Iron Ore • Successful completion of contracts for Albemarle, Rio Lithium Tinto and Roy Hill. • New or extended term contracts for maintenance with Aluminum 15 Rio Tinto, QAL, Roy Hill and Boyne Smel
Slide 16: Energy
Energy For personal use only A Revenue Gross Margin% Margin A$30.2m A$3.4m 11.3% HIGHLIGHTS CIVMEC • Successful delivery of contracts for Woodside, Technip Onshore and FMC. • Recent awards for subsea structures for Subsea 7 and Subsea 16 Baker Hughes. • Seeing increased upcoming activity in the ener
Slide 17: Infrastructure, Marine & Defence
Infrastructure, Marine & Defence For personal use only Revenue Gross Margin% Margin A$148.2m A$16.1m 10.9% HIGHLIGHTS CIVMEC • Successful completion of the Kids’ Bridge for MRWA. Marine • Supplied multiple bridge structures in NSW for TfNSW Defence and others. 17 • Successively awarded an alliance c
Slide 18: Overview and Outlook
For personal use only Overview and Outlook 18
Slide 19: Other business updates
Other business updates For personal use only Sustainability advisor employed and establishing ways to become more carbon neutral across our facilities. Australian Steel Institute - platinum certificate against sustainability charter. Federal Safety Commission Work Health & Safety Accreditation. Cont
Slide 20: Operational update
Operational update For personal use only Port Hedland • Land purchase settled in Port Hedland, WA. • Development approval granted. • Construction commencing imminently. CIVMEC Gladstone • 28,510m2 land holding acquired in Gladstone, QLD. • Similar facility to Port Hedland to be constructed to 20 sup
Slide 21: Addressable market
Addressable market For personal use only Resources Energy A$’b Resources A$’b Energy 30 35 30 25 25 20 20 15 15 10 10 5 5 0 0 2019 2020 2021 2022 2023 2024 2025 2026 2027 2019 2020 2021 2022 2023 2024 2025 2026 2027 A$’b Infrastructure, Infrastructure, Marine Marine &and Defence Defence A$’b Mainten
Slide 22: Sustainability and Growth strategy
Sustainability and Growth strategy For personal use only Commitment to Safety, Quality and Environmental Excellence : Right first time. Increased employee development programs : Retain existing employees and attract more. Development of owned facilities at strategic maintenance locations : Broaden a
Slide 23: Disclaimer
Disclaimer For personal use only This presentation has been prepared by the management of Civmec Limited (the Company) for the benefit of brokers, analysts and investors and not as any specific advice to any particular party or person. The information is based on publicly available information, inte
Slide 24: If it can be built, Civmec can build it
For personal use only www.civmec.com.au IF IT CAN BE BUILT, CIVMEC CAN BUILD IT. Head Quarters: 16 Nautical Drive Henderson, Western Australia 24 T: +61 8 9437 6288