Downer Edi Limited · ASX:DOW
Downer Edi — Macquarie Australia Conference 2020
8 slides from Downer Edi's conference presentation, May 6, 2020
Slide 1: ASX cover letter: Macquarie Australia Conference presentation
Downer EDI Limited ABN 97 003 872 848 Triniti Business Campus 39 Delhi Road North Ryde NSW 2113 1800 DOWNER www.downergroup.com 6 May 2020 Company Announcements Office ASX Limited Exchange Centre Level 4, 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam Please find attached a presentation to be given
Slide 2: Macquarie Australia Conference 6 May 2020
Macquarie Australia Conference 6 May 2020
Slide 3: Where COVID-19 has affected Downer
Macquarie Australia Conference 2020 Where COVID-19 has affected Downer Distancing measures driving reduced productivity New Zealand ̶ Level 4 restrictions: 30% of usual services Spotless ̶ Hospitality: zero revenue / 6,000 people stood down (no JobKeeper) ̶ Laundries: reduced volumes from priv
Slide 4: Where there has been no material impact on demand
Macquarie Australia Conference 2020 Where there has been no material impact on demand 89% of Downer’s work-in-hand is ̶ Roads Urban Services ̶ Rollingstock ̶ Projects ̶ Power and Gas ̶ Water ̶ Telecommunications ̶ Defence consulting ̶ Health and education (PPPs) ̶ Defence base and estate management
Slide 5: Immediate priorities and opportunities
Macquarie Australia Conference 2020 Immediate priorities and opportunities Priorities ̶ Strictly manage to COVID-19 requirements ̶ “Cash is king” ̶ Heavily restrict capital expenditure ̶ Cost reduction Opportunities ̶ Stay close to customers ̶ Government stimulus ̶ Reset risk allocation on new w
Slide 6: Downer has a strong balance sheet
Macquarie Australia Conference 2020 Downer has a strong balance sheet Downer has a strong balance sheet and significant available liquidity $500 million Syndicated Bank Facility announced 20 April 2020 ̶ refinanced $200 million Syndicated Bank Facility maturing April 2021 ̶ additional liquidity
Slide 7: Conclusion
Macquarie Australia Conference 2020 Conclusion The vast majority of the Group’s businesses are in a good spot Downer’s Urban Services strategy is a key strength Downer’s significant Government customer base is a real asset There are opportunities to adjust the business to suit the new enviro
Slide 8: Macquarie Australia Conference
Macquarie Australia Conference 6 May 2020