Nrw Holdings Limited · ASX:NWH
Nrw — Shareholder Meeting (November 2017)
17 slides from Nrw's shareholder meeting presentation, Nov 20, 2017
Slide 1: NRW Holdings Annual General Meeting
For personal use only NRW Holdings Annual General Meeting 20 November 2017
Slide 2: Forward Looking Statements
Forward Looking Statements For personal use only Disclaimer Information, including forecast financial information in this presentation should not be considered as a recommendation in relation to holding, purchasing or selling shares, securities of other instruments in NRW Holdings Limited or any oth
Slide 3: Board of Directors
Board of Directors For personal use only NRW’s Board (L-R): Jeff Dowling, Non-Executive Director, Peter Johnston, Non-Executive Director, Julian Pemberton, Chief Executive Officer and Managing Director and Michael Arnett, Chairman Non-Executive Director. 3
Slide 4: Summary of Results
Summary Summary of Results of Results NRW FY17 results For personal use only • Revenue: $370.3M (up 30%) NRW Revenue • EBITDA : $58.8M (up 24%) $370M 400 +30% • Net profit after tax: $28.5M (up 33%) 350 $288M 300 Balance sheet restructured 250 • Significant reduction in Net Debt to $20.8M from $59.3
Slide 5: Share price
Share price For personal use only Golding acquisition and FY17 results Release of FY16 results Award of Forrestfield-Airport Link contract 5
Slide 6: Operational Performance
For personal use only Operational Performance
Slide 7: NRW Civil and Mining
NRW Civil and Mining For personal use only • Revenues increased to $272.6M (FY16: $203.6M) • EBITDA : $46.6M (FY16: $33.2M) Civil project awards Western Australia • Rio Tinto Iron Ore at Yandicoogina • Fortescue Metals Group at Solomon • Pilbara Minerals at Pilgangoora (new client) Queensland • Rio
Slide 8: NRW Civil and Mining: Forrestfield-Airport Link
NRW Civil and Mining For personal use only Forrestfield-Airport Link • Project progressing well • Second Tunnel Boring Machine (TBM) began tunneling in October • Construction sites at Forrestfield, Airport Central, Belmont and Bayswater Forrestfield-Airport Link project 8
Slide 9: NRW Civil and Mining: Contract Awards
NRW Civil and Mining For personal use only • Rio Tinto Iron Ore Nammuldi mining contract completed during the year • Queensland Middlemount mining contract is performing well • $110M contract secured for new client Altura Mining at Pilgangoora Lithium project Contract Awards for NRW Civil and Mining
Slide 10: Action Drill & Blast
Action Drill & Blast For personal use only • Revenue $88.1M (FY16: $81.9M) • EBITDA $10.0M (FY16: $8.1M) • Hughes Drilling acquisition integrated into group during second half FY17 • Currently operates 18 projects and fleet of 65 rigs Contract Awards for Action Drill & Blast • New work and extension
Slide 11: AES Equipment Solutions
AES Equipment Solutions For personal use only • AES Equipment Solutions provide maintenance services to the mining and resources sectors including the fabrication of water and service trucks • Revenues $16.3M (FY16 $13.6M) • Business operating on cash neutral basis, with signs of improvement in the
Slide 12: HSET & People
HSET & People For personal use only • ADB employment numbers doubled on acquisition of Hughes Drilling in December 2016 • Significant increase in group numbers from August 2017 on acquisition of Golding, combined with increased activity in NRW Civil and Mining • 9.6% Indigenous employment as a perce
Slide 13: Golding
Golding Urban For personal use only Civil Mining 13
Slide 14: Golding
Golding For personal use only • Strong strategic fit adding significant scale through an expanded service offering with Tier 1 clients. • Enhanced capability combined with NRW’s experience in major projects, unlocks further opportunities to pursue large scale upcoming infrastructure and resource pro
Slide 15: Pipeline Diversification & Outlook
Pipeline Diversification & Outlook For personal use only NRW FY17 Revenue Analysis1 Pipeline Combined2 13% Civil Resources 24% 21% 31% Infrastructure & Urban 7% 26% Mining 48% Action Drill & Blast 30% • Golding delivers expansion and diversification of NRW’s business profile and geographic exposure.
Slide 16: Project Locations
For personal use only Project Locations 16
Slide 17: For personal use only
For personal use only 17