Kbr, Inc. · NYSE:KBR
Kbr — 2013 Credit Suisse Engineering & Construction Conference
18 slides from Kbr's conference presentation, Jun 6, 2013
Slide 1: 2013 Credit Suisse Engineering & Construction Conference
2013 Credit Suisse Engineering & Construction Conference Bill Utt – Chairman, President and CEO Sue Carter – Executive Vice President and CFO June 6, 2013 Zac Nagle – Vice President, Investor Relations & Communications
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains “forward-looking statements.” All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements include statements about the benefits of the split-off, the discussions of K
Slide 3: KBR – A Leading Global E&C Provider
KBR – A Leading Global E&C Provider Revenue: Full Year 2012 - $7.9 Billion Backlog: March 31, 2013 - $14.2 Billion Headquarters in Houston, Texas ~27,000 employees; 70+ countries KBR is a global engineering, construction, and services company supporting the energy, hydrocarbons, power, ind
Slide 4: KBR’s Global Footprint
KBR’s Global Footprint Gothenburg Moscow Edmonton Greenford Ontario Leatherhead Atyrau Frankfurt Calgary Chicago Baku Salt Lake City Charlotte Raleigh Birmingham Wilmington Algiers Baghdad Arlington Atlanta Kuwait City Houston Mobile Dammam Beijing Monterrey Doha Dhahran Dubai MMM Abu Dhabi New Delh
Slide 5: KBR’s Three Business Groups
KBR’s Three Business Groups Infrastructure, Hydrocarbons Services Government & Power Gas Monetization N.A. Government & Logistics (NAGL) Construction LNG U.S. Federal Government Refining FLNG Department of Defense Chemicals GTL International Government, Defence Oil & Gas Oil & Gas &
Slide 6: 1Q13 Review - KBR
1Q13 Review - KBR Revenue at $1.9 billion, down 7% year-over-year Operating Income of $133 million, up 19% year-over-year Earnings per diluted share of $0.59 compared to $0.61 year-over-year Backlog of $14.2 billion compared to $15.8 billion year-over-year Note: All statements reflected on t
Slide 7: Hydrocarbons – Gas Monetization and Oil & Gas
Hydrocarbons – Gas Monetization and Oil & Gas Current Gas Mon Projects Progressing Expanding Share of Wallet for Oil & Gas Gorgon LNG Trains 1-3 Expansion opportunities at Shah Deniz 2 project in Skikda LNG Caspian for EPCm for both onshore and offshore Escravos GTL Ichthys LNG EPC FLNG Op
Slide 8: Hydrocarbons – Downstream and Technology
Hydrocarbons – Downstream and Technology U.S. Shale Gas Opportunities Ethylene Project in Uzbekistan KBR last week signed an EPC contract for an ~ $120 million technology and EPC support contract ammonia plant in excess of $250 million to be Utilizes KBR’s SCORE™ technology constructed in Nort
Slide 9: Services
Services Canada Operations Industrial Services Strong across variety of markets: Steady and consistent performance Turnarounds / maintenance Successful expansion into Saudi Arabia with Module fabrication SATORP to provide maintenance services at its Jubail refinery over the next seven year
Slide 10: Infrastructure, Government & Power
Infrastructure, Government & Power North American Government & Logistics Power & Industrial Slower award environment due to government budget Air quality & combined cycle opportunities still strong uncertainties and sequestration Recently awarded EPC for $460 million Ghent Awarded $127 milli
Slide 11: Well Positioned for North America
Well Positioned for North America LNG and GTL Opportunities Downstream Awards & Opportunities British Columbia, Canada KBR last week signed an EPC contract for an Kitimat FEED ammonia plant in excess of $250 million to be constructed in North America Recently awarded Petronas LNG FEED Rece
Slide 12: KBR Financials and Backlog
KBR Financials and Backlog 12
Slide 13: 1Q13 Review - KBR
1Q13 Review - KBR Revenue at $1.9 billion, down 7% year-over-year Job income margins of 15.3% compared to 12.5% year-over-year Operating income of $133 million, up 19% year-over-year Corporate G&A of $52 million compared to $55 million year-over-year Earnings per diluted share of $0.59 com
Slide 14: Performance Index
Backlog 220 210 200 190 180 Performance Index 170 160 150 140 130 120 110 100 90 80 2006 2007 2008 2009 2010 2011 2012 3/31/2013 Revenue Backlog Job Income Backlog Continued focus on job income backlog: Down 4% from December 31, 2012 Up 100% since December 31, 2006 14
Slide 15: Job Income Margins Improving
Job Income Margins Improving 15.3% 12.5% 12.0% First Quarter 2011 First Quarter 2012 First Quarter 2013 15
Slide 16: Strong Corporate G&A Cost Control
Strong Corporate G&A Cost Control $250 $240 $230 $220 Corporate G&A $ in Millions $210 $200 $190 $180 $170 $160 $150 2007 2008 2009 2010 2011 2012 2013 Guidance* *Note: 2013 Guidance reflects mid-point of corporate G&A guidance of $230 million to $250 million, which includes between $30 million to $
Slide 17: Investment Thesis
Investment Thesis Fundamentally strong, global growth company with diverse portfolio of businesses Well positioned for growing opportunities in North America Multiple platforms for acceleration of new orders across global end markets; strategically placing bets on a number of large opportuniti
Slide 18: Proud History
Proud History
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