Tasmea Limited · ASX:TEA
Tasmea — E&A — H1 FY2013 Earnings Presentation
15 slides from Tasmea's earnings presentation, Feb 22, 2013
Slide 1: E&A Limited 2013 First Half Results
For personal use only E&A Limited 2011 Full Year Results Presentation Fabtech Australia: Santos Mt Kingsley Project E&A Limited 2013 First Half Results 22 February 2012
Slide 2: 2013 First Half Results: Key Messages
2 2013 First Half Results: Key Messages For personal use only § Strongest half year performance to date § Growth in revenue, profit, cash generation and shareholder return § Management team strengthened § Capabilities broadened to address new markets and clients § On-track to deliver increased earni
Slide 3: 2013 First Half Financial Highlights
3 2013 First Half Financial Highlights For personal use only FY13 Half Year Results Summary Half Year Half Year Percentage EAL Group (000's) FY13 FY12 Change (%) Revenue 97,451 77,971 25% EBIT from continuing operations 7,099 4,793 48% Net interest expense (1,161) (1,684) 31% Net profit before tax 5
Slide 4: 2013 First Half Financial Highlights (continued)
4 2013 First Half Financial Highlights (continued) For personal use only FY13 Half Year Results Summary Half Year Half Year Percentage EAL Group FY13 FY12 Change (%) Earnings Per Share (cents) 3.9 2.3 70% EBIT Margin 7% 6% 1% Return on shareholders' funds* 15% 8% 7% Rolling 12 month TSR % 182% -12%
Slide 5: Revenue and Earnings Growth by Segment
5 Revenue and Earnings Growth by Segment For personal use only Half Year Half Year Half Year Half Year FY13 Half Year Segment Contributions FY13 FY12 FY13 FY12 EAL Group ($'000's) Revenue EBIT Heavy Mechanical & Electrical Engineering 66,256 54,577 4,569 3,898 W ater & Fluid Solutions 23,857 14,202
Slide 6: Safety
6 Safety For personal use only For the period ended 31 December 2012, EAL’s major subsidiaries achieved the following Safety milestones: § ICE completed its 5th year without a Lost Time Injury (LTI) and has worked more than 868,213 hours on site without a LTI. § Ottoway Engineering has completed ove
Slide 7: Cashflow
7 Cashflow For personal use only FY13 Half Year Cashflow Half Year Half Year Percentage EAL Group ($'000s) FY13 FY12 Change (%) Cash flow from operations before interest and tax 7,137 (2,896) 346% Payment of interest and tax (2,471) (2,141) 15% Operating cash flow 4,666 (5,037) 193% Cash flow used i
Slide 8: Dividend
8 Dividend For personal use only § Interim dividend increased to 2.5 DIVIDENDS DECLARED CENTS PER SHARE cents per share fully franked 5.0 § Interim dividend represents a payout 4.0 of $2.7 million, and distribution ratio of 64% of NPAT 3.0 2.0 Final § E&A Limited aspires to be high yield / 2.0 1.0 I
Slide 9: Heavy Mechanical and Electrical Engineering
9 Heavy Mechanical and Electrical Engineering For personal use only Half Year Half Year Percentage Heavy Mechanincal & Electrical Engineering (in thousands) FY13 FY12 Change (%) Segment Revenue 66,256 54,577 21.4% EBIT 4,569 3,898 17.2% § Ottoway Engineering § ICE – Expansion of Adelaide & QLD fabri
Slide 10: Water and Fluid Solutions
10 Water and Fluid Solutions For personal use only Half Year Half Year Percentage Water & Fluid Solutions (in thousands) FY13 FY12 Change (%) Segment Revenue 23,857 14,202 68.0% EBIT 1,940 649 198.9% § Fabtech – Record sales driven by Queensland coal seam gas sector – Significant new contracts secur
Slide 11: Maintenance Engineering and Plant Construction
11 Maintenance Engineering and Plant Construction For personal use only Half Year Half Year Maintenance Engineering & Plant Construction Percentage (in thousands) FY13 FY12 Change (%) Segment Revenue 8,678 9,702 (10.6%) EBIT 404 252 60.3% § Heavymech – Investment in CNC machining capacity during sec
Slide 12: Investment & Corporate Advisory
12 Investment & Corporate Advisory For personal use only Half Year Half Year Percentage Investment & Corporate Advisory (in thousands) FY13 FY12 Change (%) Segment Revenue (Note 1) 2,746 1,757 56.3% EBIT 186 (6) 3200.0% Note 1: Excludes intercompany dividend revenue § Segment result includes E&A Lim
Slide 13: Business Drivers are Broadly Based and Positive
13 Business Drivers are Broadly Based and Positive For personal use only Segment Business Principal Drivers Status Cooper Basin Activity levels increasing with Cooper Infrastructure Expansion Project Coal Seam Gas SE Qld activity levels increasing Ottoway, ICE, Heavy Mechanical Wind Tower Constructi
Slide 14: Outlook
14 Outlook For personal use only § E&A Limited FY13 Half Year NPAT of $4.1 million exceeds FY12 Full Year result of $2.9 million § All E&A Limited subsidiaries hold positive order book positions for the 2013 Calendar Year § Group is on track for significant improvement in full year result compared w
Slide 15: Important Information & Disclaimer
15 Important Important Information Information & Disclaimer & Disclaimer For personal use only § This document has been prepared by E&A Limited (ABN 22 088 588 425) (“EAL” or “the Company”). No other party other than EAL has authorised or caused the issue of this document, or takes responsibility fo