Civmec Limited · SGX:P9D
Civmec — Q1 FY2023 Earnings Presentation
19 slides from Civmec's earnings presentation, Oct 28, 2022
Slide 1: Investor Presentation Quarterly Update October 2022
For personal use only Investor Presentation Quarterly Update October 2022
Slide 2: About Civmec
About Civmec Civmec is a multidisciplinary heavy engineering and For personal use only CONSTRUCTION construction company, providing a broad suite of high-quality, integrated services to the Energy, Resources, Infrastructure, Marine and Defence sectors. CONSTRUCTION MANUFACTURING MAINTENANCE AND » Si
Slide 3: Operating Sectors and Iconic Projects
Operating Sectors and Iconic Projects For personal use only ENERGY RESOURCES INFRASTRUCTURE, MARINE AND DEFENCE CIVMEC INVESTOR PRESENTATION OCTOBER 2022 3
Slide 4: Our FY22 Highlights
A Our FY22 Highlights For personal use only 20% increase in revenue 128 47% A$843m 2,800 2,500+ employees PROJECTS INCREASE OF CONTRACTS PEOPLE upskilled in FY22 IN DELIVERY IN NPAT AWARDED OR EMPLOYED EXTENDED ~A$120,000+ raised for charity CIVMEC INVESTOR PRESENTATION OCTOBER 2022 4
Slide 5: Our Facilities and Projects
For personal use only Our Facilities and Projects CIVMEC INVESTOR PRESENTATION OCTOBER 2022 5
Slide 6: Australian Operations
A Australian Operations Port Hedland 3 D 10 11 NT For personal use only 26 13 14 QLD Gladstone 30 15 7 17 29 18 19 C Gladstone 27 28 WA 25 SA 31 23 Henderson 22 32 NSW 16 13 14 WA Perth A 9 33 16 8 35 36 21 34 Newcastle 1 2 6 Newcastle 14 B 4 5 8 12 20 31 NSW 24 VIC ENERGY RESOURCES INFRASTRUCTURE,
Slide 7: Project Snapshot Energy
Project Snapshot Energy For personal use only CLIENT Scarborough Project Subsea7 executed by the Subsea Integration Alliance LOCATION Subsea Structures Henderson, WA DURATION 2022 - 2024 OVERVIEW The scope of work includes a riser base manifold and foundation, six flowline end terminations (FLETs) c
Slide 8: Project Snapshot Resources
Project Snapshot Resources For personal use only OWNER SABR Project BHP Mitsubishi Alliance (BMA) LOCATION Shiploader Replacement Henderson, WA and Newcastle, NSW DURATION August 2020 - Late 2022 OVERVIEW Civmec was awarded a contract by BMA to fabricate, modularise and commission a 2,300-tonne ship
Slide 9: Project Snapshot Infrastructure
Project Snapshot Infrastructure For personal use only CLIENT Causeway Pedestrian and Main Roads WA (MRWA) Cyclist Bridges LOCATION Perth, WA DURATION April 2022 - Late 2024 OVERVIEW The project comprises two cable-stayed bridges, approach embankments and connects Victoria Park foreshore with Heiriss
Slide 10: Our Financial Results Q1 FY23
For personal use only Our Financial Results Q1 FY23 CIVMEC INVESTOR PRESENTATION OCTOBER 2022 10
Slide 11: Our Financial Highlights
Our Financial Highlights A$228.3m For personal use only 16% increase on Q1 FY22 REVENUE A$14.2m 31% increase on Q1 FY22 NPAT A$25.7m 20% increase on Q1 FY22 EBITDA A$385.2m 4% increase on FY22 NET ASSETS CIVMEC INVESTOR PRESENTATION OCTOBER 2022 11
Slide 12: Our Strong Performance
Our Strong Performance For personal use only Revenue A$m NPAT FY 2022 A$m 50 FY 2022 800 40 FY 2021 FY 2021 600 30 FY 2019 400 FY 2020 20 FY 2020 200 10 FY 2019 0 0 FY19 Q1 FY20 Q1 FY21 Q1 FY22 Q1 FY23 Q1 FY19 Q1 FY20 Q1 FY21 Q1 FY22 Q1 FY23 Q1 A$m EBITDA Net Assets 100 FY 2022 A$m 400 80 FY 2021 30
Slide 13: Engineering Success
For personal use only Engineering Success CIVMEC INVESTOR PRESENTATION OCTOBER 2022 13
Slide 14: Continuous Growth (in our communities)
Continuous Growth (in our communities) For personal use only Awarded ‘Runner Up’ of Singapore Corporate Governance Award (SCGA) 2022, Mid Cap Category at SIAS Investors’ Choice Awards. Commenced roll-out of new ‘Know The Line’ Workplace Behaviour program. Continued community support, including spons
Slide 15: Continuous Growth (in sustainability)
Continuous Growth (in sustainability) For personal use only Our vision is to grow sustainably, delivering mutually beneficial outcomes to all stakeholders. Our culture, the way we think and operate, is underpinned by our values. Our ongoing commitment to building sustainable relationships with Abori
Slide 16: Continuous Growth (in Operations)
Continuous Growth (in Operations) For personal use only Civmec is actively targeting long term maintenance contract agreements. The Company continues to expand the number of clients we perform maintenance work for. To support the growing tempo of defence activities in the Henderson precinct we have
Slide 17: Our Outlook for Growth
Our Outlook for Growth For personal use only Civmec has a proven track record of performance and delivery. We have developed world class facilities and plan FUTURE GROWTH OPPORTUNITIES to capitalise on these during forecast strong market A$B conditions: 100 90 Order book of A$935 million as at 30 Se
Slide 18: Engineering Success
We will maintain our efforts to pursue long-term For personal use only growth and sustainability, targeting repeat-order opportunities and constantly striving to strengthen Engineering Success our balance sheet, increase revenue and profits. CIVMEC INVESTOR PRESENTATION OCTOBER 2022 18
Slide 19: Disclaimer
Disclaimer For personal use only This presentation has been prepared by the management of Civmec Limited (the Company) for the benefit of brokers, analysts and investors and not as any specific advice to any particular party or person. The information is based on publicly available information, inte