Slide 1: Results for the half year ended 30 June 2017
Range International Limited For personal use only Results for the half year ended 30 June 2017
Slide 2: Disclaimer & ASIC Guidance
2 DISCLAIMER For personal use only Disclaimer & ASIC Guidance This presentation has been prepared by Range International Limited (Range). Summary information This Presentation contains summary information about Range and its subsidiaries (Range Group) and their activities current as at 30 August 201
Slide 3: Introduction
3 Introduction For personal use only ▪ Range International Limited (Range) announces results for the half year ended 30 June 2017 ▪ Customer momentum is building with recent notable wins ▪ Finalising appointment of the new Chief Executive Officer (CEO), announcement expected within the next two week
Slide 4: Results for half year ended June 2017
4 Results for half year ended 30 June 20171 For personal use only 1H2017 1H2016 1H2017 1H2016 Variance Half year ended 30 June 2017 US$’000 US$’000 A$’0002 A$’0002 Sales revenue 355 153 447 192 132% Loss for the period after tax attributable to (8,220) (4,160) (10,340) (5,233) (98%) members Cash 8,7
Slide 5: Operational update
5 Operational update For personal use only ▪ CEO selection finalised — Highly experienced executive with a deep understanding of the logistics and plastic industries — Ideal addition to Range as it transitions from development to growth phase — Appointment will strengthen Range’s commitment to drivi
Slide 6: Strategic opportunity
6 Strategic opportunity For personal use only ▪ High priority focus on the Philippines — Regulatory environment restricting domestic supply of timber — Logging ban imposed by Aquino administration in 2011 to combat deforestation1 — Low levels of domestic wooden pallet inventory as a result of constr
Slide 7: Pasuruan facility
7 Pasuruan facility For personal use only ▪ IPO funds used to construct state of the art facility New front end processing during commissioning — Planning, design and development of production facility in Pasuruan Industrial Estate, Indonesia, 61km south of Surabaya encompassing over 19,000 sqm land
Slide 8: IPO funds analysis
8 IPO funds analysis For personal use only ▪ Use of proceeds since IPO — A$50 million raised from IPO (US$37.6 million)1 as at 21 July 2016 — Significant investment in production facilities including US$6.1 million in facility costs and US$16.1 million in the purchase and installation of initial pro
Slide 9: Strategic plan
9 Strategic plan For personal use only ▪ Company vision — Disrupt global pallet market through the introduction of cost competitive, safe and durable pallets made from 100% recycled plastic — Leverage proprietary ThermoFusionTM technology1 to produce pallets at a similar cost to wooden pallets — All
Slide 10: Investment highlights
10 Investment highlights For personal use only ▪ Large scale facility outside Surabaya, Indonesia with invested production capacity for 2.4 million Scale production pallets per annum1 ▪ Ability to efficiently serve key markets with reliable supply of source material Innovative product ▪ New and inno
Slide 11: Product overview
11 Product overview For personal use only Product range meets needs for differing industries Product Functionality Commentary Lift Stack Rack Convey ▪ Nestable pallet in 1200 x 1000 x 150mm and 1090 x 1090 x 150mm ▪ Suitable for less sophisticated supply chains and domestic downstream use ✓ ✓ ▪ Chin
Slide 12: Capital raising
12 Capital raising For personal use only ▪ Unconditional placement of A$6.75 million to institutional and sophisticated investors completed Sources of funds (A$m) (US$m)1 Shares (m) ▪ Conditional placement of A$6.75 million to be considered by Placement 6.75 5.37 22.5 shareholders at an EGM expected
Slide 13: Timetable
13 Timetable For personal use only ▪ Record date to determine eligibility to participate in the SPP Tuesday, 29 August 2017 ▪ 1H2017 results release Wednesday, 30 August 2017 ▪ Placement and SPP announced Wednesday, 30 August 2017 ▪ SPP participation commencement Monday, 4 September 2017 ▪ EGM Notic
Slide 14: For personal use only
For personal use only 14 RANGE INTERNATIONAL LTD 2017