Gr Engineering Services Ltd · ASX:GNG
Gr Engineering Services — Shareholder Meeting (November 2013)
15 slides from Gr Engineering Services's shareholder meeting presentation, Nov 12, 2013
Slide 1: 2013 Annual General Meeting
For personal use only 2013 Annual General Meeting 12 November 2013
Slide 2: Disclaimer
Disclaimer For personal use only This document has been prepared by GR Engineering Services Limited ACN 121 542 738 (GR Engineering) to provide an overview and update of GR Engineering’s activities and FY13 financial performance. Any statements, opinions, projections or other material contained in t
Slide 3: Index
Index For personal use only 1 FY13 Results Summary 2 Health, Safety & Environment 3 Operational Performance 4 Completed Projects 5 FY14 Outlook 3
Slide 4: FY13 Results Summary
FY13 Results Summary For personal use only Revenue Revenue $114.7 million EBITDA $11.0 million PBT $11.5 million Earnings NPAT $7.5 million EPS 5.0 cents Cash flow from operations $5.5 million Cash Flow Supported interim and final dividends totalling 5cps fully franked for FY13 Cash
Slide 5: FY13 Results Summary
FY13 Results Summary For personal use only Action taken to respond to changed market conditions Professional and support staff numbers reduced to suit anticipated workload Staff salary reductions of 5% Company wide reductions in overheads implemented Robust project execution maintained Ope
Slide 6: Health, Safety & Environment
Health, Safety & Environment For personal use only LTIFR 3 2.5 LTIFR (per million hrs) Continued strong safety performance 2 Record 1099 LTI free days as at 30 June 1.5 1 2013, continuing into 1H14 0.5 Safety is a key element of GR Engineering’s 0 2008 2009 2010 2011 2012 2013 operating ethos
Slide 7: Operational Performance
Operational Performance For personal use only Positive outcomes achieved on all completed projects – on time / on budget delivery Activity levels impacted by ongoing deferrals, scope reductions and project cancellations Gold price decline in 2013 has compounded challenges for opportunities in
Slide 8: Project Photos
Project Photos For personal use only Andy Well Gold Processing Plant – Western Australia 8
Slide 9: Project Photos
Project Photos For personal use only Magnetite Iron Ore Plant Expansion – Whyalla, South Australia 9
Slide 10: Project Photos
Project Photos For personal use only Syama Gold Processing Plant Upgrade - Mali 10
Slide 11: Project Photos
Project Photos For personal use only Hemerdon Tungsten & Tin Project – 3D Design Model Hemerdon – Historic Plant Site 11
Slide 12: Operational Performance
Operational Performance For personal use only Studies & Consulting FY13 Revenue Mix 16% contribution to revenue 13% 1% Study work predominantly undertaken on Australian and international gold projects 13% Precious Metals Base Metals Continued conversion of studies into design Iron Ore & constr
Slide 13: Completed Projects – FY13
Completed Projects – FY13 For personal use only The following selected projects were successfully completed by GR Engineering in FY13 Contract Client / Project Location Commodity Scope Type / Value Following completion of the Andy Well Gold Project DFS, GR Doray Minerals Western EPC Engineering wa
Slide 14: FY14 Outlook
FY14 Outlook For personal use only Positive contributions expected to be made in 1H14 from existing projects Order book primarily comprised of: Hemerdon Tungsten & Tin Project (EPC) Whyalla Brownfields Upgrade (EPC) Syama Brownfields Upgrade (EPCM) Upside potential from commencement of $
Slide 15: Contact
Contact For personal use only Geoff Jones Australian Office Details Managing Director 179 Great Eastern Highway Level 3, 99 Melbourne Street Belmont WA 6104 South Brisbane QLD 4101 +61 8 6272 6000 geoff.jones@gres.com.au PO Box 258 +61 7 3838 8000 Belmont WA 6984 +61 8 6272 6000 Joe Totaro
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