Aj Lucas Group Limited · ASX:AJL
Aj Lucas — Shareholder Meeting (November 2014)
6 slides from Aj Lucas's shareholder meeting presentation, Nov 13, 2014
Slide 1: AJ Lucas Group Limited Annual General Meeting, 13 November 2014
For personal use only AJ Lucas Group Limited Annual General Meeting, 13 November 2014 Chief Executive Officer’s Presentation
Slide 2: Safety – an industry leader
Safety – an industry leader For personal use only • For the major mining and resource customers, great safety performance is no longer a differentiator – its a necessity • Lucas practices a proactive and vigilant safety culture across all divisions – Launched behavioural-based safety strategy – the
Slide 3: Looking Back
Looking Back For personal use only • FY2014 was a challenging period of consolidation and change FY2014 Imperatives How it was achieved • Built a new Board with skills necessary to bolster the performance turnaround 1. Board Refresh and drive the strategic agenda • Headcount reduced by 110 2. Cost R
Slide 4: Looking Ahead
Looking Ahead For personal use only • Strategic review of operations complete; restructuring on-going; now focused on THREE key areas: Area of Capability Driver for Change AJL’s Vision • Integrated service provider of Coal methane extraction and management coal mine gas drainage • Customer focus • F
Slide 5: LEC – Recent Contract Win
LEC – Recent Contract Win For personal use only • Construction of a 293km gas transmission pipeline and associated infrastructure for APA’s Eastern Goldfields Gas Pipeline in WA – Part of APA’s $140 million Goldfields Gas Pipeline expansion • Work to be undertaken by Spiecapag Lucas – JV with Spieca
Slide 6: Positioned for return to profit
Positioned for return to profit For personal use only • Restructuring positions company for return to profit • Improved operational and financial performance in second half of FY2014 • Australian operations experiencing improved markets – Drilling division experiencing a recovery in demand for explo