Saunders International Limited · ASX:SND
Saunders International — Investor Presentation (August 2018)
20 slides from Saunders International's investor presentation, Aug 22, 2018
Slide 1: 2018 Investor Presentation
2018 Investor Presentation Managing Director & CEO Mark Benson | 22nd August 2018 Chief Financial Officer Rudy Sheriff
Slide 2: Company Overview
Company Overview Saunders International Ltd (SND) is an ASX-listed company that provides construction, maintenance and civil engineering services to the energy, resources and infrastructure sectors. “We are driven by a commitment to safety, innovation, excellence and growth” Net Cash $12.3m People 2
Slide 3: Board of Directors
Board of Directors MR TIMIOTHY BURNETT MR MARK BENSON MALCOM McCOMAS MR GREG FLETCHER MR RUDY SHERIFF Chairman & Non-Executive Director Managing Director & Chief Executive Non-Executive Director Non-Executive Director Chief Financial Officer Mr Burnett has over 38 years’ Officer Malcolm McComas – Be
Slide 4: Our Revenue and Order Book
Our Revenue Order Book FY 2018 As at August 2018 Business $75M $42M Revenue Distribution International Footprint Up 65% Down 8% MAINTENANCE ACTIVITIES Underlying loss excluding restructure costs (NPAT) 25% INFRASTRUCTURE ACTIVITIES $1.8M 75% Down 228% Live Tender Pipeline Down 21% Up 14% (Compared t
Slide 5: Highlights FY18
Highlights FY18 • Safety performance continues to improve with entire group remaining LTI free since May 2013 • 65% increase in revenue for FY18 • Strengthened position in PNG • Remain preferred contractor on a bulk liquid storage terminal opportunity • Mining activity increasing with Projects in PN
Slide 6: Challenges FY18
Challenges FY18 • Deterioration of FY18 profit caused by: • Project Delays and issues with Construction Project in Victoria • Project delays and issues on a Maintenance Project in NSW • Result is inclusive of a provision for business improvement and company restructure, to provide a platform for fut
Slide 7: Safety Scorecard
Safety Scorecard • LTIFR of 0.00 (Last LTI May 2013) • Diversification into new markets and operating internationally affect injury frequency rates • Following the acquisition of Civilbuild, TRIFR increased with the inclusion of their safety statistics, over past 12 months we have been able to achie
Slide 8: Our People, Planet & Profit
Our PEOPLE, PLANET & PROFIT People PEOPLE Social Performance PLANET PROFIT Environmental Economic Saunders CivilBuild Project Performance Performance Asset Services Project Manager at Mobil Altona Manager • Attract female employees to Saunders to non-traditional roles • Ongoing management support 20
Slide 9: Financial Performance
Financial Performance 30 JUNE 2018 30 JUNE 2017 CATEGORIES FULL YEAR $000 FULL YEAR $000 Revenue $75,368 $45,805 Net (loss)/profit before tax ($4,213) $1,336 Net (loss)/profit after tax ($2,840) $1,428 Net (loss)/profit (%) (3.77%) (3.12%) Restructure costs net of tax $1,013 - Underlying (Loss)/Prof
Slide 10: Balance Sheet
Balance Sheet BALANCE SHEET 30 JUNE 2018 $000 30 JUNE 2017 $000 ASSETS Cash 12,377 10,942 Trade receivables 6,590 11,896 Plant & equipment 10,166 10,086 Deferred tax assets 1,885 259 Others 4,166 937 TOTAL ASSESTS 35,154 34,120 LIABILITIES Payable 7,147 8,295 Provisions 4,100 2,195 Others 417 3,611
Slide 11: Geographical Revenue Distribution
Geographical VIC-16% Revenue Distribution WA-3% QLD-5% SA-3% NSW-57% PNG-12% * TAS, 0% NEW CAL-3% VIC WA QLD SA PNG NEW CAL NSW
Slide 12: Review of Operations
Review of Operations INNOVATION | EXCELLENCE | GROWTH
Slide 13: Engineering Construction Revenue Contribution
Engineering Construction Revenue Contribution 1. Lake Cowal project 2. Port Moresby Terminal FY18 46% 3. Yarraville Terminal 4. New Caledonia Acid Tank
Slide 14: Asset Services Revenue Contribution
Asset Services Revenue Contribution 1. Viva Refinery 2. Caltex Refinery FY18 25% 3. Altona Refinery 4. Peats Ferry Bridge
Slide 15: Civil Build Revenue Contribution
Civil Build Revenue Contribution 1. Bullockey’s Bridge Replacement 2. Mt Pleasant Road Rail Bridge FY18 29% 3. Hebden Road Rail Bridge 4. Mossvale Pedestrian Bridge
Slide 16: Our Strategy
Our Strategy TRANSFORM Business Restructure and Improvement Project 3 KEY ELEMENTS EXPAND TO THE SAUNDERS STRATEGY: Focussed Business Development & Pipeline growth into adjacent sectors ACQUIRE Strategic growth acquisitions - Compliment the expansion plan
Slide 17: Strategic Objectives
Strategic We deliver high quality engineered solutions across the Objectives complete asset life cycle. Hydrocarbons Design Engineering Mining & Processing Manufacture & Construct SECTORS SERVICES Construction Defence Maintain & Upgrade Water Demolish Transport Infrastructure Sustaining Capital Proj
Slide 18: Our Outlook
Our Outlook • Revenues from Transport Infrastructure and Precast expected to grow • Tank construction conditions remain highly competitive • Maintenance services prospects remain positive • Continue to pursue overseas opportunities • Build on current project experience in the mining sector • Researc
Slide 19: Contact Details
disclaimer Construction Tank Maintenance Bridge Construction & Maintenance Structural Mechanical Piping Wharf Repairs Tank & Civil Construction Fabrication Concrete Repairs Precast Manufacture MARK BENSON Managing Director & Chief Executive Officer (02) 9792 2444 271 Edgar Street, Condell Park NSW 2
Slide 20: Disclaimer
SI Disclaimer This presentation has been prepared by Saunders International Limited (“Saunders”) as a summary of the Company and its operations and for general information purposes only. This presentation is not and should not be considered as an offer or invitation to subscribe for or purchase any
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