Sgh Limited · ASX:SGH
Sgh — Seven Group Holdings — Macquarie Australia Conference 2018
23 slides from Sgh's conference presentation, May 3, 2018
Slide 1: Investor Presentation cover letter to ASX
3 May 2018 For personal use only Company Announcement Office ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000 By electronic lodgement Total Pages (including cover letter): 23 Dear Sir / Madam INVESTOR PRESENTATION Please find attached an Investor Presentation given today by Mr Ryan Stokes, MD &
Slide 2: Macquarie Australia Conference 3 May 2018
For personal use only Macquarie Australia Conference 3 May 2018 Customers First Choice in Equipment Solutions
Slide 3: Group Overview | Disclaimer
Group Overview | Disclaimer Basis of preparation of slides For personal use only Included in this presentation is data prepared by the management of Seven Group Holdings Limited (“SGH”) and other associated entities and investments. This data is included for information purposes only and has not b
Slide 4: SGH | Strategic Framework
SGH| Strategic Framework For personal use only Macquarie Australia Conference | 3 May 2018 | 3
Slide 5: SGH | Strategic Objectives and Values
SGH| Strategic Objectives and Values Maximize return to shareholders For personal use only through long term sustainable value Values creation • Disciplined • Diligent application of capital • Unlocking the potential of our people • Performance • Focused execution of our strategies • Accountable • O
Slide 6: Group Overview | People, Safety and Culture
Group Overview | People, Safety and Culture LTIFR TRIFR Safety For personal use only 1H FY18 1H FY17 1H FY18 1H FY17 Key priority for our business - core part of our culture and vital for WesTrac WA 2.0 1.6 9.8 12.8 enabling customer performance WesTrac NSW 2.1 0.0 11.5 4.8 Continuing to impleme
Slide 7: Group Overview | Our Businesses
Group Overview | Our Businesses Industrial Services Energy Simplified group structure For personal use only Acquisition of Coates Hire completed on 25 October 2017 Australia’s leading mid-cap oil Sale of WesTrac China completed and gas producer on 31 October 2017 #1 equipment solution company in
Slide 8: Group Overview | Highlights
Group Overview | Highlights 1HFY18 Result ahead of guidance For personal use only Underlying EBIT of $224m for the half, up 42% on pcp including earnings uplift in Coates Hire and Beach Energy (up 23% on a pro-forma basis – refer Appendix) Underlying NPAT of $160m for the half, up 81% on pcp (66
Slide 9: WesTrac Australia
WesTrac Australia For personal use only WesTrac’s underground longwall systems are helping NSW’s coal miners remain globally competitive
Slide 10: Industrial Services | WesTrac Australia
Industrial Services | WesTrac Australia Value proposition For personal use only WesTrac enables customers in the resource and construction industries to reduce lifecycle equipment ownership costs and help maximise profitability Investing in technology and utilising data in new ways to stay ahead
Slide 11: Coates Hire
Coates Hire For personal use only Coates Hire is meeting the demand for equipment on a wide range of transport infrastructure projects
Slide 12: Coates Hire | Positive outlook for infrastructure projects
Coates Hire | Positive outlook for infrastructure projects Coates Hire and WesTrac set to capture further upside For personal use only Strong growth in infrastructure activity on the East Coast has improved demand for construction equipment and heavy machinery Further upside to be captured given
Slide 13: Industrial Services | Coates Hire - strategic rationale
Industrial Services | Coates Hire - strategic rationale Increases exposure to growing infrastructure activity FY17 sector revenue split For personal use only Direct exposure to East Coast infrastructure, a sector which is underpinned by government spending and committed projects Coates Hire is a
Slide 14: Seven West Media
For personal use only Seven West Media
Slide 15: SWM | Key Business
SWM | Key Business CONTENT PRODUCTION For personal use only TV PUBLISHING OTHER & DISTRIBUTION › Australia’s leading FTA TV network for › SWM is Australia’s largest content › The Western Australian, The Sunday › Seven West Ventures portfolio 11 consecutive years producer creating over 60% of Seven’s
Slide 16: Energy
Energy For personal use only Longtom is positioned to deliver 80 PJ of gas into the East Coast market
Slide 17: Energy | Asset Overview
Energy | Asset Overview Focus on bringing gas to market For personal use only We have gas available and we are working on bringing it to market Significant upside opportunity seen in East Coast gas contract prices given the well-publicised shortage of developed gas Strong recent investor deman
Slide 18: Energy | Beach Energy Investment
Energy | Beach Energy Investment Transformational acquisition of Lattice Energy $m 1H FY18 1H FY17 For personal use only Production (Mmboe) 5.5 5.2 Financial close on 31 January 2018, integration process is well progressed 2P reserves increase by 200% to 232 MMboe and further exploration upside
Slide 19: Financials | Debt Maturity Profile
Financials | Debt Maturity Profile For personal use only AUD m At 31 December 2017, the Group had $419m of available undrawn borrowing facilities $1,034m of Coates Hire debt acquired at financial close, paid down by $531m since then, debt effectively refinanced upon bank consent to change of con
Slide 20: Financials | Capital Management
Financials | Capital Management Reviewed Adjustments Pro-forma Capital raising completed Issuance of Transaction Repay Coates For personal use only A$m Dec 17 notes costs Hire debt Dec 17 $375m institutional placement; oversubscribed by 2.7x Current borrowings 119.7 119.7 without major shareholder
Slide 21: Financials | Pro-Forma P&L
Financials | Pro-Forma P&L FY17 Adjust- FY17 1H FY17 2H FY17 1H FY18 1H 18 vs Underlying EBIT $m For personal use only Actual ments Pro-Forma Pro-Forma Pro-Forma Actual 1H 17 WesTrac 164.3 - 164.3 75.1 89.2 101.1 35% AllightSykes (3.1) - (3.1) (1.5) (1.6) 1.4 - 1 24.7 75.0 99.7 33.0 66.7 40.5 23% Co
Slide 22: Outlook | Key Takeaways and Questions
Outlook | Key Takeaways and Questions Industrial Services For personal use only Strong parts performance has continued and is further underlined by an increase in fleet utilisation and major WesTrac continuing to component rebuilds as customers seek to extract incremental production gains benefit
Slide 23: Industrial Services, Media, Energy and Investments
SG [I | Industrial Services, Media, Energy and Investments Westiae, Coateshire
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