Slide 1: Business Update
BUSINESS UPDATE 6 D e c e m b e r 2 016 For personal use only DONALD MCGURK Managing Director & CEO MICHAEL BARTON Chief Financial Officer SARAH EMMS Manager, Investor Relations
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only Disclaimer This presentation has been prepared by Codan Limited (ABN 77 007 590 605) (Codan). The information contained in this presentation is for information purposes only and is not investment, financial product, legal or tax advice. This pres
Slide 3: Codan Limited
CODAN LIMITED For personal use only An international company that develops rugged and reliable electronics solutions for government, corporate, NGO and consumer markets across the globe RADIO SOLUTIONS METAL DETECTION TRACKING SOLUTIONS 3
Slide 4: Delivering Shareholder Value Over the Long Term
DELIVERING SHAREHOLDER VALUE OVER THE LONG TERM For personal use only Shareholder value We succeed by: - Developing unique, high value technologies - Delivering superior product performance in the harshest conditions - Solving customers’ productivity, safety and security problems - Creating multiple
Slide 5: Strong Start to the Year
STRONG START TO THE YEAR For personal use only First half FY17 guidance – underlying NPAT $20 million to $22 million Continued strong demand for GPZ 7000® gold detector in Africa Large radio contract delivered in Q1 Codan remains debt free REVENUE BY BUSINESS UNIT* * Four months to October 2016 5
Slide 6: Metal Detection
METAL DETECTION The world’s best hand held metal detection technology For personal use only Metal detection historical sales have been in the range of $70 million to $100 million Sustainable underlying revenue estimated at $70 million Strong demand for gold detectors in Africa may push revenue to $1
Slide 7: Radio Communications
RADIO COMMUNICATIONS Best in class, reliable, user friendly and cost-effective solutions For personal use only Historical revenues in the range of $60 million to $70 million LMR Cascade development on track for FY18 release – growth over the medium term Continuing product line expansion across both
Slide 8: Other Business Units
OTHER BUSINESS UNITS Potential for growth over the longer term For personal use only TRACKING SOLUTIONS Highly accurate underground tracking for efficient and safe mine management Continuing to gain customer acceptance with repeat orders and successful installations Adding to software engineering an
Slide 9: Outlook for FY17
OUTLOOK FOR FY17 For personal use only Current level of performance gives confidence for the future We have assumed African demand for GPZ 7000® detectors will return to more normal levels in second half Expect FY17 Underlying Net Profit After Tax of $30 million to $32 million, up 42% on FY16 Contin