Civmec Limited · SGX:P9D
Civmec — Investor Presentation (September 2020)
16 slides from Civmec's investor presentation, Sep 1, 2020
Slide 1: Investor Presentation August 2020
For personal use only INVESTOR PRESENTATION AUGUST 2020
Slide 2: Company Profile & Key Operating Sectors
COMPANY PROFILE & KEY OPERATING SECTORS Civmec is an integrated, multi-disciplinary construction and engineering services provider to the Oil & Gas, Metals & Minerals, Infrastructure For personal use only and Marine & Defence sectors. The company is dual listed on both the Australian (ASX:CVL) and S
Slide 3: Company Snapshot
COMPANY SNAPSHOT For personal use only Civmec is a leading end-to-end provider of integrated, multi-disciplinary manufacturing, construction and maintenance services. 3 Key Sectors Metals & Minerals Marine, Defence & Oil & Gas Infrastructure ~$900 million 4.8% Contracted Order Book Ten year NPAT per
Slide 4: Corporate Overview
CORPORATE OVERVIEW For personal use only Executive Management Team Capital Structure Shares on Issue m 501.1 Performance Rights2 m 7.4 Jim Fitzgerald Executive Chairman Options2 m 4.0 With more than 35 years’ experience, Mr Fitzgerald has Share Price (31 August 2020) 2 A$/share $0.42 a natural abili
Slide 5: COVID-19 Update
COVID-19 UPDATE For personal use only • COVID-19 has not caused significant impact on the Group’s operations • Proactive measures implemented have ensured health and wellbeing, continued operations, and continued employment • Project delivery unchanged while adhering to COVID-19 restrictions • In-ho
Slide 6: Financial Overview
For personal use only 6 FINANCIAL OVERVIEW
Slide 7: Financial Highlights
FINANCIAL HIGHLIGHTS For personal use only FY20 FY20 FY19 vs FY19 • EBITDA of A$38.5 million, representing a 60% increase from FY19 Revenue A$391.9m A$488.5m (20%) • NPAT of A$17.5 million representing a 150% increase from FY19 EBITDA A$38.5m A$24.0m 60% NPAT A$17.5m A$7.0m 150% • Net Profit margin
Slide 8: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE For personal use only Revenue (A$M) NPAT (A$M) 120 5.0 100 4.0 80 3.0 60 2.0 40 1.0 20 0 0.0 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Order Book (A$M) EBITDA (A$M) 1000 12 10 800 8 600 6 400 4 200 2 0 0 FY17 FY18 FY19 FY20 Q1 FY20 Q2 FY20 Q3 FY
Slide 9: Considerable Investment in Strategic Assets
CONSIDERABLE INVESTMENT IN STRATEGIC ASSETS For personal use only Continued investment into strategic asset base • Considerable investment into Property, Plant and Equipment (PPE), provides Civmec with a substantial strategic asset base 450 • Return to normal business operational capex requirement i
Slide 10: Newly Awarded Contract
NEWLY AWARDED CONTRACT For personal use only Iron Bridge Dry Plant CLIENT: IB OPERATIONS PTY LTD LOCATION: Pilbara, WA DURATION: July 2020 – early 2022 OVERVIEW: Construction of the structural concrete components for the dry plant, including the primary, secondary and tertiary crushing areas, screen
Slide 11: Ongoing Significant Projects
ONGOING SIGNIFICANT PROJECTS For personal use only IRON ORE PROJECT: ALUMINA PROJECT: LITHIUM PROJECT: IRON ORE PROJECT: OIL & GAS PROJECT: MESA A WET PLANT LAREGO OVERLAND ALBEMARLE KEMERTON FMG ELIWANA GORGON SUBSEA CONVEYOR PACKAGE CLIENT: Rio Tinto CLIENT: Alcoa CLIENT: Albemarle CLIENT: FMG CLI
Slide 12: Ongoing Significant Projects
ONGOING SIGNIFICANT PROJECTS For personal use only OFFSHORE PATROL VESSEL MAINTENANCE & SHUTDOWN CONTRACTS CLIENTS: Royal Australian Navy / Luerssen Australia CLIENTS: Roy Hill, FMG, Alcoa, Rio Tinto, Chevron, QAL LOCATION: Henderson LOCATION: Across Australia DURATION: Ongoing to 2029 DURATION: Ong
Slide 13: Recent Performance and Activities
RECENT PERFORMANCE AND ACTIVITIES For personal use only FINANCIAL OPERATIONAL PEOPLE AND SYSTEMS • Continued stability in net profit, with • Major projects continue to advance: • Future-proofing workforce with NPAT in Q4 FY20 of A$5.4m, consistent extensive graduate and apprentice ‒ Full vertical de
Slide 14: Henderson Assembly and Sustainment Hall
HENDERSON ASSEMBLY AND SUSTAINMENT HALL A KEY STRATEGIC ASSET For personal use only STRATEGIC ASSEMBLY AND SUSTAINMENT CAPABILITY • Located in the Australian Marine Complex, 10 kilometres from Garden Island, home to a significant portion of Australia’s naval fleet • World-class facility with signifi
Slide 15: Future Outlook
FUTURE OUTLOOK For personal use only • Solid Order Book of ~A$900M • Secured Order Book for FY21 exceeds FY20 revenue • Preferred Status for potential contracts in the Manufacturing Sector • Strong Tendering activity • Strong Government commitment to shipbuilding and infrastructure opportunities in
Slide 16: Thank You
For personal use only THANK YOU