Nrw Holdings Limited · ASX:NWH
Nrw — Shareholder Meeting (November 2018)
22 slides from Nrw's shareholder meeting presentation, Nov 21, 2018
Slide 1: NRW Holdings Limited – 2018 Annual General Meeting
ASX Announcement 21 November 2018 NRW Holdings Limited 181 Great Eastern Highway Belmont, 6104, Western Australia Australian Securities Exchange Perth NRW Holdings Limited – 2018 Annual General Meeting Presentation by Mr Jules Pemberton, CEO and Managing Director. At last year’s AGM I started my spe
Slide 2: Results overview
I am incredibly proud of the team for continuing to work so hard to secure and deliver these awards and other key contracts and extensions during the year. I look forward to the very safe, productive and collaborative delivery of these new contracts as they come on line. I will come back to our broa
Slide 3: Workforce levels and business structure
Our current workforce levels increased through the year as a result of the addition of the Golding business and increased activity on new projects. Headcount at June 2018 totalled circa 2000 (June 2017 – 1,000). Our current headcount has further increased to 2200. Slide 6 – FY18 Business unit perfor
Slide 4: Mining and Drill & Blast results
and the award of new contracts at Baralaba North for Wonbindi Coal, and for Gascoyne Resources at their Dalgaranga gold project. Activity in the year included contract mining at Kogan Creek, Curragh, Isaac Plains, Baralaba, Broadlea, Pilgangoora and Dalgaranga and mining support at Middlemount. Slid
Slide 5: People, Safety and Environment
The tender pipeline at around $6 billion remains strong and we remain confident of strong activity levels in resources and infrastructure for the next five years. In closing, I would like to take this opportunity to thank my senior management team and all of our employees across the businesses for t
Slide 6: FY18 Business unit performance
NRW HOLDINGS 21 November 2018 ANNUAL GENERAL MEETING
Slide 7: Board of directors
BOARD OF DIRECTORS (L-R): Julian Pemberton, Chief Executive Officer and Managing Director, Jeff Dowling, Non-Executive Director, Peter Johnston, Non-Executive Director and Michael Arnett, Chairman Non-Executive Director. 2
Slide 8: Recent ASX announcements
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Slide 9: Summary of Results
RESULTS OVERVIEW Summary of Results NRW FY18 results • Revenue $754.3 million (up 100%) Group Revenue • EBITDA $93.5 million (up 58%) • Net profit after tax $42.2 million (up 28%) • Balance sheet strong - Net Debt $34.4 million - Gearing 12.6% 754 • Final Dividend of 2 cents fully franked 370 Strong
Slide 10: HSE & People
HSE & PEOPLE • Our goal is the elimination of serious injuries through the Total Recordable Injury Frequency Rate effective and uncompromising management of hazards in our workplaces. • Total Recordable Injury Frequency Rate (TRIFR) performance across the business for the FY18 financial year 6.39 (F
Slide 11: Business Performance
Argyle Rehabilitation Project. BUSINESS PERFORMANCE 6
Slide 12: Civil
CIVIL Marandoo Southern Waste Fines Storage Facility Project 7
Slide 13: Civil
CIVIL Outlook • Currently bidding work for replacement tonnes programs (Iron Ore). FY18 FY17 • Scope of works include 300km of new rail to construct and Revenue 311.3 103.9 multiple Brownfield and Greenfield projects. EBIT 17.8 1.0 • Directly addressable opportunities (earthworks and concrete) circa
Slide 14: Mining
MINING Pilgangoora Lithium Project. 9
Slide 15: Mining
MINING Outlook FY18 FY17 • FY19 secured revenue $560 million. Revenue 347.3 185.0 • Increasing activity across resources market. EBIT 38.4 25.5 • Baralaba contract performed using client equipment, which 11.0% 13.8% reduces NRW balance sheet risk. No depreciation on the EBITDA 66.5 44.5 project henc
Slide 16: Drill & Blast
DRILL & BLAST Isaac Plains Project. 11
Slide 17: Drill & Blast
DRILL & BLAST Current Projects FY18 FY17 • Largest production drilling contractor on the east coast. Revenue 117.0 88.1 • 64 drills operating. EBIT 1.7 4.2 • 17 current projects. WA – 4 contracts across lithium and 1.4% 4.8% gold. QLD – 10 and NSW – 3 contracts all in coking and EBITDA 8.3 10.0 ther
Slide 18: Summary
SUMMARY 13
Slide 19: Tender Pipeline & Outlook
TENDER PIPELINE & OUTLOOK • Order book $2.4 billion(1). Group Revenue • FY19 revenue guidance up 40% on FY18 to $1.1 billion of which $1.050 billion secured. • Pipeline circa $6.0 billion – breakdown below: 0 $0.6B Civil Mining Drill & Blast 1050 $2.2B $3.2B 800 754 • Positioning in key traditional
Slide 20: Project Locations
PROJECT LOCATIONS WA - Kimberley SA - South East QLD - Brisbane & South East QLD - Rockhampton NSW - North East NSW - Hunter Valley Rio Tinto OZ Minerals Gassman Rockhampton NSW Roads & BHP Argyle Diamonds Carrapateena M1 Central Industrial Estate Regional Council Maritime Services Mount Arthur Rock
Slide 21: Disclaimer
DISCLAIMER Summary information • This Presentation contains summary information about NRW and its associated entities and their activities current only at the date of this Presentation. • This Presentation is for general information purposes only and does not purport to be complete. The content shou
Slide 22: nrw.com.au
CNRW -... NRW.COM.AU