Nrw Holdings Limited · ASX:NWH
Nrw — Shareholder Meeting (November 2021)
23 slides from Nrw's shareholder meeting presentation, Nov 25, 2021
Slide 1: NRW Holdings Limited 2021 Annual General Meeting
NRW Holdings Limited 2021 Annual General Meeting Chief Executive Officer, Jules Pemberton Good morning everyone and particularly good morning to our shareholders who have made it here to today's meeting. Isn't it great to be at a real meeting again with real people and real shareholders in the room
Slide 2: FY21 Year in Review
And finally, I'd like to formally welcome Cameron Henry, his management team, and the Primero workforce to the NRW group — welcome. FY21 YEAR IN REVIEW Now turning to the results which are summarised on this slide NRW achieved record revenue of $2.3 billion in FY21, an increase of 11.5% compared to
Slide 3: Operations: COVID-19 Impacts and Claims
OPERATIONS COVID-19 Impacts As | noted in my opening remarks, the consequences of the labour shortages are evident in our financial results, with several projects incurring additional costs due to lower productivity and increased labour rates. The good news is that this issue was mostly experienced
Slide 4: Environmental, Social & Governance
ENVIRONMENTAL, SOCIAL & GOVERNANCE In 2020, we established a Sustainability Committee to manage and report on our ESG activities. This year, | am pleased to advise that we released our first sustainability report. You can read more about how our corporate values and our operations align with the Uni
Slide 5: Business Structure
BUSINESS STRUCTURE This next slide shows how we've structured the business to recognise the evolution of NRW through both organic growth and acquisitions over the last few years. We have structured the business into three segments or pillars, Civil, Mining, and Minerals, Energy & Technologies. The C
Slide 6: Civil projects and opportunities
Since being awarded that project we have also secured another major road project for Main Roads WA to upgrade the Mitchell Freeway Southbound from Hodges Drive to Hepburn Avenue, which we are delivering in a joint venture with WBHO. In the Civil Resources sector, we are anticipating an increase in a
Slide 7: Mining contracts and Golding extensions
NRW was awarded a 5 year contract commencing March 22 with a value of circa $700 million and will be delivered using a new fleet of Mining equipment which is being mobilised over the next few months. Golding has successfully negotiated four contract extensions with Coronado Coal, Incitec Pivot, Aber
Slide 8: MET, Primero and new energy opportunities
The equipment is designed, fabricated and constructed internally leveraging the capability of the Group businesses. RCR Mining Technologies is delivering relocatable crushing and conveying hubs which dramatically reduce the carbon footprint compared to traditional mining and processing operations. P
Slide 9: FY22 revenue and earnings guidance
At that time we advised that we expected revenue of between $2.4 billion to $2.5 billion and that around $2.0 billion of work was either in the order book, the subject of a letter of intent or notice of award or was expected as repeatable business with the balance of the work to be won and delivered
Slide 10: NRW Holdings Annual General Meeting | November 2021
NRW HOLDINGS ANNUAL GENERAL MEETING | 25 NOVEMBER 2021 } . CEO ADDRESS - JULES PEMBERTON | | <a ice
Slide 11: NOILONGOMINI
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Slide 12: FY21 Year in Review
FY21 YEAR IN REVIEW FINANCIAL + Revenue up 11.5% to $2.38 in line with guidance. + Earnings (EBITDA) increased to $266.7M up 6.7% compared to FY20. + Earnings (Operating EBIT) of $120.6M - in line with consensus. * Net cashflow from operations of $147.4M reflects increased working capital pending re
Slide 13: Operations
OPERATIONS COVID-19 IMPACTS + Border closures as a result of COVID-19 continue to restrict available workforce. + Key difference between last year and current status is significantly lower headcount requirement o Workforce in Pilbara last year circa 3,600 o Current workforce - 1,300 + Current projec
Slide 14: Environmental, Social & Governance
ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORTING AND ONGOING INITIATIVES + First NRW Sustainability Report published FY21. * United Nations Sustainable Development Goals (SDGs) adopted - guided by relevant Global Reporting Initiative (GRI) standards to report on the Group’s sustainability performance. E
Slide 15: Social
Slide 16: Business pillars: Civil, Mining, MET
National infrastructure pre-qu B4, F150+ » Roads & bridges * Public / defence infrastructure * Rail formations » Mine development » Bulk earthworks » Marine works » Renewable energy projects - Airstrips * Commercial & residential subdivisions REVENUE FY21 $726.5M MINING Whole of mine management Mine
Slide 17: Civil - Projects, Opportunities & Commodity Mix
CIVIL - PROJECTS, OPPORTUNITIES & COMMODITY MIX » Civil Infrastructure growing - Bunbury Outer Ring Road (BORR) and Mitchell Freeway Southbound Upgrade (H2H). » Civil Resources - Nammuldi Waste Fines Storage Facility (Stage 3), Gudai-Darri Solar Farm and Iron Bridge TSF. Urban ie » Urban business in
Slide 18: Mining - Projects, Opportunities & Commodity Mix
MINING - PROJECTS, OPPORTUNITIES & COMMODITY MIX - Most of FY22 expected revenue now secured following extensions at Curragh, COMMODITY MIX Phosphate Hill, Baralaba and Kogan Creek. Green Tech * Coal market very strong - additional seventh fleet to be deployed at Curragh and new Broadlea contract wi
Slide 19: MET - Projects, Opportunities & Commodity Mix
MET —- PROJECTS, OPPORTUNITIES & COMMODITY MIX * Primero acquired and integrated into NRW and MET pillar. » New project awards: Core Lithium ($40M), Covalent Lithium ($290M) and Strandiine ($135M). * Build Own Operate projects — two crushing plants approved. + Joint capability providing leverage - P
Slide 20: Strategic Positioning
STRATEGIC POSITIONING OUTLOOK") + The near term tender pipeline capable of being awarded in the next 12 months has strengthened to $19.3B compared to $14.5B at June 2021. + Group Order book currently $3.5B (increases to $4.5B including Curragh LOI) © Secured work for FY22 increased to $2.3B (from $2
Slide 21: Holdings
Holdings
Slide 22: Disclaimer
DISCLAIMER SUMMARY INFORMATION * This Presentation contains summary information about NRW and its associated entities and their activities current only at the date of this Presentation. * This Presentation is for general information purposes only and does not purport to be complete. The content shou
Slide 23: Contact details
9 181 Great Eastern Highway IAIRVWS BELMONT WA 6102 . 08) 9232 4200 Holdings & oe) > www.nrw.com.au