Slide 1: 2012 Full Year Results Teleconference
For personal use only 2012 Full Year Results Teleconference 20 August 2012 Steve Price, CEO 1.00pm AEST / 11.00am AWST Brad Denison, CFO Dial-in 1800 123 296, Conference ID 1660 4785
Slide 2: Summary
Summary Higher margins on Resources more than offset lower group-wide revenue For personal use only • Strong Resources demand, high occupancy at Searipple Highlights • End of BER, soft trading conditions in RV • Won two new Accommodation projects: Gladstone & Osprey • EBIT, OPAT & EPS up on lower re
Slide 3: Group Overview: History
Group Overview: History A long and successful track record For personal use only Delivering the Promise • Established 1964 • Listed 1987 Our Objective To outperform financially by providing genuine value Our Beliefs 1987 We: want to do business build strong relationships in which each party wins exp
Slide 4: Group Overview: Structure
Group Overview: Structure A complementary portfolio For personal use only Lean & acquisitive Manufactured Accommodation Recreational Vehicles Division Division 4 Searipple Industry leaders in providing Industry leaders with premium accommodation solutions products & national reach 4
Slide 5: Operational Performance: Manufactured Accommodation
Operational Performance: Manufactured Accommodation Strong Resources demand, end of BER For personal use only Resources • Achieved higher margins focusing on client solutions • Expanded rental fleet • Expanded into Qld Mining accommodation • Won Gladstone & Osprey BRB • Completed management transiti
Slide 6: Operational Performance: Recreational Vehicles
Operational Performance: Recreational Vehicles Soft trading conditions For personal use only Recreational Vehicles Decline in consumer sentiment affected caravan sales • Invested in brands and dealer networks Coromal F616 • Developed products at a lower price point • Accelerated Asia sourcing • Mana
Slide 7: Financial Performance
Financial Performance Higher margins on Resources more than offset lower group-wide revenue For personal use only Group Revenue ($m) Group EBIT ($m) 75.4 76.4 466.6 39.5 36.9 240.0 407.4 344.5 355.3 201.3 55.0 51.2 52.4 184.4 158.6 291.4 31.5 27.3 24.7 161.3 160.1 196.7 130.1 226.6 206.1 23.9 27.7 2
Slide 8: Financial Performance
Financial Performance Strong Balance Sheet, high yield, long-term growth For personal use only Dividend (cents) 76 73 65 66 68 2012 2011 Change 43 Final 41 Revenue $m 407.4 466.6 12.7% 35 36 38 EBITDA $m 91.7 89.5 2.5% 30 30 30 32 33 Interim EBIT $m 76.5 75.4 1.4% 2008 2009 2010 2011 2012 OPAT $m 53
Slide 9: Outlook
Outlook Strong Resources demand, investing in Accommodation For personal use only Outlook Key Strategies Manufactured Accommodation Strong Resources demand: Qld & WA Expand further into Qld Resources Division Moderate public sector, and Pursue new BOO opportunities park & transportable homes demand
Slide 10: Outlook: New Accommodation Projects
Outlook: New Accommodation Projects Growing portfolio of assets in Australia’s major export hubs For personal use only Osprey Village Searipple Village Gladstone Village 1538 rooms, expandable Osprey Village Gladstone Village • Service key workers in Hedland • Service large & diverse portfolio of Re
Slide 11: Company Contact Details
Company Contact Details For personal use only Thank you for your interest in Fleetwood Corporation. Further investor enquiries should be directed to: Brad Denison, CFO info@fleetwood.com.au 08 9323 3300 11