Slide 1: Annual results presentation for the year ended 30 June 2016
For personal use only Simonds Group Ltd Annual results presentation For the year ended 30 June 2016 30 August 2016
Slide 2: Agenda: Highlights, Key Financials, FY17 Outlook
For personal use only 01 Insert Highlights FY16 divider title 3 02 A Insert Key Financials divider title 7 8 03 FY17 Outlook 13
Slide 3: FY16 Highlights
For personal use only 01 FY16 Highlights PAGE 2
Slide 4: Simonds Group Ltd key results
Simonds Group Ltd key results For personal use only Simonds Group has significantly re-set the business with key management changes, a shift of strategic focus and the discontinuation of underperforming businesses Key Financial Overview Key Items Strong revenue growth driven by record house site s
Slide 5: Strategic priorities
Strategic priorities For personal use only Re-setting the business for profitable growth Following a full review of business operations since appointment of the new CEO (including physical and financial due diligence) a number of areas were identified that required immediate action: — Key focus ar
Slide 6: Simonds Homes Australia key results
Simonds Homes Australia key results For personal use only Record sites starts delivered in FY16 Key Financial Metrics1 FY16 Pro Forma EBITDA breakdown per house start ($’000s) $600.7m $12.5m 6.3 Pro Forma2 revenue Pro Forma2 EBITDA (9.5) Up 11% on prior period Down 53% on prior period (2.6) 10.8 2,5
Slide 7: Builders Academy Australia key results
Builders Academy Australia key results For personal use only Building a sustainable platform Key Financial Metrics FY16 total course commencements $19.1m $3.6m Qualification Physical Virtual Total Pro Forma1 revenue Pro Forma1 EBITDA Certificate IV in Building & Construction (Building) 910 129 1,039
Slide 8: Land development key results
Land development key results For personal use only Developing a growth pipeline Key Financial Metrics Project Status Overview Direct Holdings $8.7m $(1.0)m Portland, Vic 30 lots with civil works complete in July 2016 and settlements anticipated Pro Forma1 revenue Pro Forma1 EBITDA2 throughout 1HFY17
Slide 9: Key Financials
For personal use only 02 Key Financials PAGE 8
Slide 10: Financial results summary
Financial results summary For personal use only Record revenue levels but operating earnings impacted by increased costs across the business FY16 Operating earnings reconciliation FY16 earnings by segment Pro Forma1 Statutory FY16 FY15 FY16 FY15 Group SHA BAA SLD MPA Revenue 628.5 576.9 662.9 628.8
Slide 11: Summary of one-off losses and impairments
Summary of one-off losses and impairments For personal use only Simonds Group has incurred $28.6 million of one-off losses, costs and impairments for the full year as the business is re-set for profitable growth Statutory EBITDA has been significantly impacted by impairments Operating EBITDA recon
Slide 12: Balance sheet
Balance sheet For personal use only Strengthening the Balance Sheet a key focus Key drivers of the Net Asset deterioration were the impact of Madisson Balance Sheet ($m) 30 June 2016 30 June 2015 Projects losses and capital management initiatives Assets Cash / Equivalents 3.2 5.5 Receivables and
Slide 13: Cash flows
Cash flows For personal use only Positive operating cash flow Growth in receipts from customers reflects sales growth and proceeds Summary cash flows ($m) FY16 FY15 from the disposal of display homes and non-core development land Cash flows from operating activities holdings Receipts from customer
Slide 14: FY17 outlook
For personal use only 03 FY17 outlook PAGE 13
Slide 15: Positive FY17 outlook
FY17 outlook For personal use only Positive FY17 outlook FY17 has commenced strongly: Simonds Homes Australia sales pipeline — Significant visibility into FY17 Simonds Homes Australia pipeline and 2,522 Builders Academy Australia enrolments 282 — Increased maturity into NSW and QLD markets 701 — F
Slide 16: Important notice and disclaimer
Important notice and disclaimer For personal use only While every effort is made to provide accurate and complete information, Simonds Group Ltd does not warrant or represent that the information in this presentation is free from errors or omissions or is suitable for your intended use. The informat
Slide 17: Contact us
For more information contact us at: Telephone: For personal use only +61 3 9682 0700 Mailing address: Locked Bag 4002 South Melbourne VIC 3205 01 Insert divider title 3 A InsertPhysical address: divider title 7 Level 1, 570 St Kilda Road Melbourne VIC 3004 www.simondsgroup.com.au Thank you