Slide 1: 2012 Half Year Results Teleconference
For personal use only 2012 Half Year Results Teleconference 21 February 2012 Steve Price, CEO 1.00pm AEDT / 10.00am AWST Brad Denison, CFO Dial-in 1800 123 296, Conference ID 4824 6859
Slide 2: Summary
Summary For personal use only • Strong demand from the WA resources sector Highlights • RV sales affected by the decline in consumer sentiment • BER ended, BRB Modular’s revenue similar to PCP • Record half year result on lower revenue Financials • Strong operating cash flows, debt repaid • Dividend
Slide 3: Group Structure
Group Structure A complementary portfolio of businesses For personal use only Manufactured Accommodation Recreational Vehicles Division Division 3
Slide 4: Operational Performance: Manufactured Accommodation
Operational Performance: Manufactured Accommodation Strong demand from the WA resources sector For personal use only Revenue ($m) 200 150 • Five year agreement with BHP Iron Ore 100 50 0 • High level of activity for resources at High Wycombe • Lower park and transportable home sales 40 EBIT ($m) • B
Slide 5: Operational Performance: Recreational Vehicles
Operational Performance: Recreational Vehicles Sales affected by the decline in consumer sentiment For personal use only Revenue ($m) 120 80 • Reduced industry production of RVs in Australia 40 0 • Impact on sale of parts & accessories to OEMs • Fleetwood caravan production higher EBIT ($m) 12 10 •
Slide 6: Financial Performance
Financial Performance Record half year result on lower revenues Revenue ($m) NPAT ($m) For personal use only 300 30 250 25 200 20 150 15 100 10 50 5 0 0 1H08 2H08 1H09 2H09 1H10 2H10 1H11 2H11 1H12 1H08 2H08 1H09 2H09 1H10 2H10 1H11 2H11 1H12 Dividend (cents) Net (Debt) / Cash ($m) 20 15 38 41 10 Fi
Slide 7: Outlook: Recreational Vehicles
Outlook: Recreational Vehicles Earnings influenced by consumer sentiment For personal use only Market Key Outlook Position Strategies Consumer sentiment • Innovate products • Strengthen dealer networks Recovery of commercial vehicle supply • Streamline operations • Industry leaders Strong A$/ • Deve
Slide 8: Outlook: Manufactured Accommodation
Outlook: Manufactured Accommodation Strengthening resources sector demand For personal use only Market Key Outlook Position Strategies • Focus on WA & Qld resources More & larger resources projects • Customer solutions Lull in education sector demand • Develop Asian supply Modest activity in other s
Slide 9: Company Contact Details
Company Contact Details For personal use only Thank you for your interest in Fleetwood Corporation. Further investor enquiries should be directed to: Brad Denison, CFO info@fleetwood.com.au 08 9323 3300 9