Civmec Limited · SGX:P9D
Civmec — 9M FY2022 Earnings Presentation
17 slides from Civmec's earnings presentation, May 12, 2022
Slide 1: Investor Presentation: FY2022 Q3 Results
INVESTOR PRESENTATION For personal use only FY2022 Q3 Results May 2022 1
Slide 2: Overview: Company
For personal use only Overview Company 2
Slide 3: A leading construction and engineering services provider
A leading construction and engineering services provider For personal use only • Civil/Concrete • Heavy Engineering Resources Infrastructure, Energy Marine & Defence • Modularisation • Structural, Mechanical, Piping • Electrical & Instrumentation Maintenance and Construction Manufacturing Capital Wo
Slide 4: Shareholding snapshot
Shareholding snapshot For personal use only Capital structure as at 11 May 2022 Shares on Issue 502,435,000 (237.4m held as CDIs) Founding Partners Share Price A$0.62 (ASX) 39% Civmec Management Staff 48% Market Capitalisation A$311,509,700 Other Shareholders 13% Dual listed on SGX and ASX: SGX:P9D,
Slide 5: Q3 FY22 Financial Overview
For personal use only Q3 FY22 Financial Overview 4
Slide 6: Financial highlights
Financial highlights For personal use only Q3 Q3 9M 9M A$’000 +/-% +/-% FY2022 FY2021 FY2022 FY2021 Revenue 192,900 183,900 4.9% 582,253 489,600 18.9% Gross Profit 22,964 19,237 19.4% 65,173 53,755 21.2% EBITDA 22,976 19,415 18.3% 66,232 53,720 23.3% EBITDA 11.9% 10.6% 1.3pp 11.4% 11.0% 0.4pp Margin
Slide 7: Financial performance
Financial performance For personal use only A$M A$M 800 40 700 35 600 30 500 25 400 20 300 15 200 10 100 5 - - FY19 FY20 FY21 9M FY22 FY19 FY20 FY21 9M FY22 A$M A$M 80 Revenue 1,200 NPAT 70 1,000 60 800 50 40 600 30 400 20 200 10 - - FY19 FY20 FY21 9M FY22 FY19 FY20 FY21 9M FY22 EBITDA Orderbook 9M
Slide 8: Operational Overview & Outlook
For personal use only Operational Overview & Outlook 7
Slide 9: Sustainability & our people
Sustainability & our people For personal use only Sustainability initiatives • Supporting the Australian economy with less than 2% of procurement sourced overseas. • Helping reduce unemployment by training Australia’s future generation. • Reducing our carbon footprint by installing renewable power w
Slide 10: COVID-19 update
COVID-19 update For personal use only Covid impact on the Group’s operations has so far been controlled. Successful implementation of our internally developed tracing application has allowed employees and contractors to effectively monitor and report any close contacts, thereby keeping more people a
Slide 11: Key contracts currently in delivery
Key contracts currently in delivery For personal use only INVESTOR PRESENTATION CIVMEC 10 11
Slide 12: Henderson Dry Dock
Henderson Dry Dock For personal use only • The Australian Government recently announced a A$4.3 billion investment in maritime infrastructure in Henderson. • Proposals include the development of a large vessel dry dock and significant associated infrastructure in Henderson WA. • Located directly adj
Slide 13: Future growth and strategy
Future growth and strategy For personal use only A$B Continued focus on Maintenance, Capital Works and repeat-order revenue 90.0 clients. 80.0 70.0 60.0 Maintain margin growth with continuous discipline in bid selection and operational 50.0 delivery. 40.0 30.0 20.0 Increase infrastructure capabiliti
Slide 14: Future outlook and opportunities
Future outlook and opportunities For personal use only • Tendering activity remains strong across all sectors. • ~A$500 billion of capital spend projected across our operating sectors. • Well positioned to capitalise on Government’s commitment to shipbuilding, sustainment and infrastructure opportun
Slide 15: Summary
Summary For personal use only Strongly positioned for success in FY22. Orderbook continuously replenished with contracts in place until 2029. Committed to reducing net debt and increasing balance sheet strength. Abundance of organic growth within our existing business. Upgraded short and medium-term
Slide 16: Disclaimer
Disclaimer For personal use only This presentation has been prepared by the management of Civmec Limited (the Company) for the benefit of brokers, analysts and investors and not as any specific advice to any particular party or person. The information is based on publicly available information, inte
Slide 17: Contact
For personal use only www.civmec.com.au IF IT CAN BE BUILT, CIVMEC CAN BUILD IT. Head Quarters: 16 Nautical Drive Henderson, Western Australia T: +61 8 9437 6288 16