James Hardie Industries Plc. · NYSE:JHX

James Hardie Industries — Shareholder Meeting (August 2009)

14 slides from James Hardie Industries's shareholder meeting presentation, Aug 18, 2009

  1. Slide 1: Annual Information Meeting

    For personal use only Annual Information Meeting 18 August 2009 Louis Gries, CEO Disclaimer The presentation contains forward-looking statements. We may from time to time make forward-looking statements in our periodic reports filed with or furnished to the US Securities and Exchange Commission, on

  2. Slide 2: Agenda and Overview

    Agenda For personal use only ƒ Results overview – FY 2009 and Q1 FY 2010 ƒ USA and Europe Fibre Cement ƒ HardieZoneTM System ƒ Legacy issues ƒ Asbestos compensation funding arrangements 3 Overview Q1 FY09 Q2 FY09 Q3 FY09 Q4 FY09 Q1 FY10 US $ million Net Sales 365.0 341.9 254.4 241.3 284.5 Gross Prof

  3. Slide 3: Global Strategy and Key Points

    Global Strategy For personal use only ƒ Aggressively grow demand for our products in targeted market segments ƒ Grow our overall market position while defending our share in existing market segments ƒ Offer products with superior value to that of our competitors ƒ Introduce differentiated products t

  4. Slide 4: Total Housing Starts – NAHB

    Total Housing Starts – NAHB For personal use only ƒ NAHB latest forecast of 2009 Housing Starts is 561k (including MF-high) NAHB - U.S. Housing Starts Forecasts 2,200 2,000 1,800 Housing Starts (000) 1,600 1,400 1,200 1,000 800 600 400 2004 2005 2006 2007 2008 2009 2010 2011 Sep 2006 estimate Jun 20

  5. Slide 5: USA Fibre Cement Primary Growth Performance

    USA Fibre Cement For personal use only Primary Growth Performance 30% 20% 10% 0% Q104 Q204 Q304 Q404 Q105 Q205 Q305 Q405 Q106 Q206 Q306 Q406 Q107 Q207 Q307 Q407 Q108 Q208 Q308 Q408 Q109 Q209 Q309 Q409 Q110 -10% -20% -30% -40% %JHBP Growth (sdft) NC/R&R Growth Rolling 4Qtr - JHBP Growth (sdft) Rollin

  6. Slide 6: USA Fibre Cement EBIT and EBIT Margin

    USA Fibre Cement For personal use only EBIT and EBIT Margin* 140 35 120 30 100 25 80 20 EBIT MARGIN % EBIT US$M 60 15 40 10 20 5 0 0 FY04 Q1 FY05 Q1 FY06 Q1 FY07 Q1 FY08 Q1 FY09 Q1 FY10 EBIT EBIT/Sales * Excludes impairment charges of US$45.6 million in Q4 FY08 11 The HardieZone™ System James Hardie

  7. Slide 7: The HardieZone System

    The HardieZone™ System For personal use only 7th Generation versus 2nd Generation generic fibre cement ƒ The HardieZone™ System represents a logical extension of Hardie technology 13 The HardieZone™ System The Right Exterior – Every Time Geographic zones based on 8 climatic variables: ƒ Temperature

  8. Slide 8: The HardieZone System

    The HardieZone™ System For personal use only Two product lines emerged: 15 The HardieZone™ System plus ƒ Factory controlled finish for maximum consistency and durability ƒ Resistant to cracking, fading and chipping ƒ Reduces costly weather delays plus ƒ Factory-controlled finish for maximum consiste

  9. Slide 9: Key Ratios

    Key Ratios For personal use only Q1’ FY10 FY09 FY08 EPS (Diluted)1 9.6c 22.3c 36.9c Dividend Paid per share N/A 8.0c 27.0c Return on Shareholders’ Funds1 17.8% 11.2% 17.7% Return on Capital Employed2 23.6% 16.7% 24.2% EBIT/ Sales (EBIT margin)2 22.4% 14.2% 19.2% Gearing Ratio1 19.0% 24.0% 21.5% Net

  10. Slide 10: Legacy Issues Update

    Legacy Issues Update For personal use only ASIC Proceedings ƒ Further hearing in relation to exoneration, penalties and costs held ƒ Decision awaited ATO tax matters ƒ Settled FY 2002-2006 audits ƒ Court hearing for FY1999 amended assessment scheduled for September 2009 Domicile ƒ EGM on Stage 1 of

  11. Slide 11: Endnotes

    Endnotes For personal use only This Management Presentation forms part of a package of information about the company’s results. It should be read in conjunction with the other parts of this package, including Management’s Analysis of Results, a Media Release and a Financial Report. Definitions Finan

  12. Slide 12: Non-US GAAP Financial Measures

    For personal use only Non-US GAAP Financial Measures EBIT and EBIT margin excluding asbestos and ASIC expenses – EBIT and EBIT margin excluding asbestos and ASIC expenses are not measures of financial performance under US GAAP and should not be considered to be more meaningful than EBIT and EBIT mar

  13. Slide 13: Non-US GAAP Financial Measures (continued)

    For personal use only Non-US GAAP Financial Measures (continued) Diluted earnings per share excluding asbestos, ASIC expenses and tax adjustments – Diluted earnings per share excluding asbestos, ASIC expenses and tax adjustments is not a measure of financial performance under US GAAP and should not

  14. Slide 14: Non-US GAAP Financial Measures (continued)

    For personal use only Non-US GAAP Financial Measures (continued) EBITDA – is not a measure of financial performance under US GAAP and should not be considered an alternative to, or more meaningful than, income from operations, net income or cash flows as defined by US GAAP or as a measure of profita

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