Nrw Holdings Limited · ASX:NWH
Nrw — Investor Presentation (March 2019)
18 slides from Nrw's investor presentation, Mar 13, 2019
Slide 1: NRW Holdings Euroz Conference
NRW HOLDINGS EUROZ CONFERENCE
Slide 2: Results Overview
RESULTS OVERVIEW Operations Revenue(1) of $522.6M, an increase of 52.3% EBITDA(2) increased to $74.3M compared to $40.3M in the prior comparative period EBIT(3) more than doubled to $50M Net Earnings increased to $28.1M compared to $15.3M Order Intake in the 6 months circa $1.0B increasing
Slide 3: HSE & People
HSE & PEOPLE • Continued growth in headcount to over 2,600 Headcount post RCR MT acquisition (February 2019) • Increase training and personnel development • Business is responding well to increasing manning requirements – particularly re-engagement of previous NRW employees • 8.1% Indigenous employm
Slide 4: NRW - Business Structure
NRW - BUSINESS STRUCTURE CIVIL MINING DRILL & BLAST MINING TECHNOLOGIES NRW Civil NRW Mining Action Drill & Blast RCR Mining Technologies Golding Civil Golding Mining Golding Urban AES Equipment Solutions CAPABILITIES CAPABILITIES CAPABILITIES CAPABILITIES • Mine development • Whole of mine manageme
Slide 5: RCR Mining Technologies (RCRMT)
RCR MINING TECHNOLOGIES (RCRMT) Autogenous Scrubbers 5
Slide 6: RCR Mining Technologies (RCRMT)
RCR MINING TECHNOLOGIES (RCRMT) • Acquisition price $10M(1) - funded through existing cash reserves completed mid February 2019 • RCR MT o Generated ~$110M of revenue in FY18 Products & Services o Track record of delivering positive earnings • Stackers ~300 employees • Apron & Belt Feeders o Facilit
Slide 7: Apron Feeder Locations
APRON FEEDER LOCATIONS KAZAKHSTAN TURKEY PHILIPPINES WEST AFRICA INDONESIA PAPUA NEW GUINEA BRAZIL QUEENSLAND WESTERN AUSTRALIA NEW SOUTH WALES TASMANIA 7
Slide 8: Relocatable Conveyor
RELOCATABLE CONVEYOR • Controlled off site manufacture and integration of key modules – Designed and built in Bunbury facility • Reduces on site installation times to weeks rather than months • All modules fully relocatable • Ideal solution for stranded ore bodies • First installation includes 5km o
Slide 9: Business Performance
BUSINESS PERFORMANCE South Flank Bulk Earthworks & Concrete, WA 9
Slide 10: Civil
CIVIL • Strong margin improvement in first half – 7.2% v 4.8% • Contracts awarded to NRW for replacement tonnes programs (Iron Ore) with more packages to be bid • Circa $300M secured work to date • Directly addressable opportunities (earthworks and concrete) circa $2.5B over four years • Current act
Slide 11: Mining
MINING • Significant revenue increase ($310.1M v $133.1M) and margin improvement in first half • production volumes, productivity and higher fleet utilisation • Secured Isaac Plains East contract extension $500M – to June 2024 • Clients looking to accelerate production at a number of sites - potenti
Slide 12: Drill & Blast
DRILL & BLAST Results • Revenue increase - higher volumes for new work • EBITDA as guided - impacted by drill remediation programme to improve utilisation • Tangible improvements being seen on drills returned to site operations Contract Awards • 15 month contract extension for Talison Lithium Greenb
Slide 13: Financial Overview
FINANCIAL OVERVIEW Gladstone Area Water Board Offline Storage, QLD 13
Slide 14: Summary Financials
SUMMARY FINANCIALS(1) • 51% increase in Revenue to $522.6M mostly in Mining o New work and existing contract expansion o Golding 6 months (FY19) v 4 months (FY18) • EBITDA margin increased to 14.2% (comparative 11.6%) o Higher activity, improved productivity and increased fleet utilisation • Underly
Slide 15: Summary
SUMMARY em Isaac Plains, QLD NRW 15
Slide 16: Tender Pipeline & Outlook
TENDER PIPELINE & OUTLOOK • Current Order book $2.4B o Secured revenue for FY19 is $1,080M o Current tenders awaiting award $1.1B • FY19 revenue guidance $1.1B (to be Revenue updated for RCR MT acquisition) • Pipeline circa $6.1B o Mining pipeline lower as Isaac Plains 200 extension awarded to Goldi
Slide 17: Disclaimer
DISCLAIMER Summary information • This Presentation contains summary information about NRW and its associated entities and their activities current only at the date of this Presentation. • This Presentation is for general information purposes only and does not purport to be complete. The content shou
Slide 18: NRW.COM.AU
«NRW > NRW.COM.AU