Austin Engineering Limited · ASX:ANG

Austin Engineering — H1 2010 Earnings Presentation

10 slides from Austin Engineering's earnings presentation, Feb 15, 2010

  1. Slide 1: Half-year 2009 presentation

    For personal use only half-year 2009 presentation 15 February 2010

  2. Slide 2: Overview - continuing solid performance

    overview - continuing solid performance For personal use only ‹ Solid EBIT result for the half-year to December 2009, 16% above the EBIT result for the half-year to June 2009 ‹ Productivity gains, together with very good profitability generated in Oman and Chile, were drivers behind improved operati

  3. Slide 3: Revenue, EBIT and interim dividend developments

    revenue, ebit and interim dividend developments For personal use only Revenue ($m) EBIT ($m) 120 16.0 110 CAGR Jun 06 ‐ Dec 09: 50% CAGR Jun 06 ‐ Dec 09: 35% 14.0 100 95 85 12.1 90 12.0 11.0 80 10.1 67 9.5 63 10.0 70 60 8.0 7.0 50 43 6.0 40 29 4.0 28 3.3 30 23 4.0 2.7 20 2.0 10 0 0.0 Jun‐06 Dec‐06 J

  4. Slide 4: Financial results - half year 2009

    financial results - half year 2009 For personal use only ‹ Significantly improved business conditions in Australia in the first HY 09/10 HY 08/09 quarter of the FY 09/10 financial year and a return to normal conditions $m $m Change in the second quarter, leading to higher levels of activity Revenue

  5. Slide 5: Balance sheet

    balance sheet For personal use only Dec 09 Jun 09 ‹ Continued balance sheet strength reflecting underlying solid $m $m Change operational performance and profitability Working capital 10.84 7.89 +37% ‹ Balance sheet also strengthened with completion of $31m capital raising program in late July 2009

  6. Slide 6: Operational review - Australian operations

    operational review - australian operations For personal use only East Coast: ‹ East coast operations impacted to a lesser extent by the after-effects of the GFC with the Bowen Basin and Hunter Valley coal mining regions maintaining activity at elevated levels ‹ Orders for 39 dump truck bodies receiv

  7. Slide 7: Operational review - American operations

    operational review - american operations For personal use only North America: ‹ Economic recovery process still underway but at a much slower pace than the other key mining regions in which the group has a presence ‹ Activity beginning to pick up although customers remain very cautious with their fo

  8. Slide 8: Operational review - Middle East operations

    operational review - middle east operations For personal use only ‹ Elevated level of activity experienced in the first half, with operations concentrating on two key projects for the manufacture and installation of busbars and rectifiers for an aluminium smelter ‹ Very good operational performance

  9. Slide 9: Outlook

    outlook For personal use only ‹ Further stabilisation of macro-economic conditions and markets becoming evident, giving confidence to major miners and other resource industry participants ‹ Six to eight-month period leading up to December 2009 considered to be the low point in the post-GFC trading c

  10. Slide 10: For personal use only

    For personal use only For more information please visit www.austineng.com.au

Austin Engineering — H1 2010 Earnings Presentation on 6ix