Emeco Holdings Limited · ASX:EHL
Emeco — Shareholder Meeting (November 2008)
19 slides from Emeco's shareholder meeting presentation, Nov 12, 2008
Slide 1: Annual General Meeting 12 November 2008
For personal use only Annual General Meeting 12 November 2008
Slide 2: The Emeco Board
The Emeco Board For personal use only Mr Alec Brennan, Chairman and Independent Non-Executive Director Mr Laurie Freedman, Managing Director Mr Robin Adair, Executive Director Mr John Cahill, Independent Non-Executive Director Mr Peter Johnston, Independent I d d tN Non-Executive E ti DiDirector t M
Slide 3: Chairman's Address
Chairman’s Address For personal use only Mr Alec Brennan
Slide 4: Overall strong growth, with 1H08 challenges
Overall strong growth, with 1H08 challenges For personal use only +29% Revenue Growth (CAGR 2003-2008) +26% EBITA Growth (CAGR 2003-2008) 626 129 120 600 554 125 500 383 89 100 400 292 63 75 251 300 190 41 50 34 200 25 100 0 0 FY20033 FY20044 FY20055 FY20066 FY20077 FY20088 FY2003 FY2004 FY2005 FY20
Slide 5: Strategic Outlook
Strategic Outlook For personal use only Global brand equity Diversified markets Quality infrastructure Skilled, motivated staff Positive outlook
Slide 6: Managing Director's Address
Managing g g Director’s Address For personal use only Mr Laurie Freedman
Slide 7: Year in Review
Year in Review For personal use only • Operating revenues increased by 11.4% on 2007 to $617.9m • NPAT decreased by 9.6% to $67.5m (2H08 NPAT up by +21.3% on 1H08) • Ended year by achieving + 85% Asset Utilisation • International performance improvements in Indonesia, US & Canada • Successful refina
Slide 8: Investment in People & Safety
Investment in People p & Safetyy For personal use only • Well trained & highly skilled staff • Safety aim remains ‘zero harm’
Slide 9: Global Business Model
Global Business Model For personal use only • Market leadingg solutions • Long-term relationships • Global Procurement • World-class Asset Mngt • International arbitrage • Counter cyclical nature
Slide 10: Our Markets & Customers
Our Markets & Customers For personal use only • Business leveraged to volumes – not prices • +50% Revenue from major blue-chip clients iincluding l di RiRio Ti Tinto, A Anglo l Coal, C l BHP Billi Billiton, X Xstrata, Newcrest, Newmont & North American Construction • Diversified Di ifi d exposure to
Slide 11: Current Performance & Outlook
Current Performance & Outlook For personal use only • Reaffirm guidance $75m $75m-$81m $81m • Full impact of global crisis unknown • Focus on improving ROFE • Conservative capital p deployment • Strong St free f cashh flow fl
Slide 12: Share Price Performance
For personal use only -90% 90% -80% -70% -60% -50% -40% -30% -20% % -10% 0% Brie erty NR RW Boart Longye ear Transfield • NTA $0.78 AUD nco Ausen Worley Parso ons Industrrea Tutt Brya ant Macmaho ons • Current pprice $0.725 AUD Leighto ons Boo om Share Price Performance Rio Tin nto Monadelphouro M o
Slide 13: Current Performance & Outlook
Current Performance & Outlook For personal use only Global asset utilisation by $ WDV 90 % • Utilisation remains high g • Capital Management 85 % • Global model working 80 % • Value V l creation ti ffrom iinstalled t ll d 75 % asset base and first-mover 70 % advantage • Positive outlook 65 % Jan-08
Slide 14: Annual General Meeting Formal Business
Annual General Meeting g For personal use only Formal Business
Slide 15: Resolution 1: Election of Mr Robin Adair
Formal Business - Resolutions For personal use only Resolution 1: Election of Mr Robin Adair That Mr Robin Adair, Adair who will be retiring by rotation at the close of the meeting in accordance with the Company’s constitution, is elected as an executive director of the Company. The instructions giv
Slide 16: Resolution 2: Election of Mr Alec Brennan
Formal Business - Resolutions For personal use only Resolution 2: Election of Mr Alec Brennan That Mr Alec Brennan, Brennan who will be retiring by rotation at the close of the meeting in accordance with the Company’s constitution, is elected as a non-executive director of the Company. The instructi
Slide 17: Resolution 3: Election of Mr John Cahill
Formal Business - Resolutions For personal use only Resolution 3: Election of Mr John Cahill That Mr John Cahill, Cahill who will be retiring by rotation at the close of the meeting in accordance with the Company’s constitution, is elected as a non-executive director of the Company. The instructions
Slide 18: Resolution 4: Adoption of remuneration report
Formal Business - Resolutions For personal use only Resolution 4: Adoption of remuneration report That the Remuneration Report for the financial year ended 30 June 2008 is adopted. adopted The instructions given to validly appointed proxies in respect of the resolution were as follows: In favour Aga
Slide 19: Thank you for your interest
For personal use only Thank you for your interest in Please join us in the foyer for refreshments