Mears Group Plc · LSE:MER

Mears — FY2002 Earnings Presentation

12 slides from Mears's earnings presentation, 2003

  1. Slide 1: Mears Group Plc Full Year Results 31 December 2002

    MEARS GROUP PLC Full Year Results 31 December 2002 BOB HOLT CHAIRMAN DAVID ROBERTSON FINANCE DIRECTOR

  2. Slide 2: Financial Highlights

    MEARS GROUP PLC FINANCIAL HIGHLIGHTS PRE TAX PROFITS £3,606K UP 43.8% EARNINGS PER SHARE 4.51P UP 36.7% DIVIDEND PER SHARE 1.0P UP 25.0% NET FUNDS £5,566K UP £2,953K ORDER BOOK £300M UP £40M

  3. Slide 3: 5 Year Compound Growth

    MEARS GROUP PLC 5 YEAR COMPOUND GROWTH PRE TAX PROFITS 41% EARNINGS PER SHARE 30% DIVIDEND PER SHARE 26%

  4. Slide 4: Profit Before Tax

    MEARS GROUP PLC PROFIT BEFORE TAX 5000 4500 4000 3500 3000 £’OOO 2500 2000 1500 1000 500 0 1999 2000 2001 2002 2003* CONSENSUS FORECASTS * * Arbuthnot / West LB Panmure / Charles Stanley /Arden Partners

  5. Slide 5: Profit and Operating Margin

    MEARS GROUP PLC PROFIT AND OPERATING MARGIN 5000 4.5 4500 4000 4 £’OOO 3500 % 3000 3.5 2500 2000 1500 3 1000 500 2.5 1999 2000 2001 2002 2003* Profit Before Tax % Operating Margin CONSENSUS FORECASTS *

  6. Slide 6: Earnings Per Share - Normalised

    MEARS GROUP PLC EARNINGS PER SHARE - NORMALISED 6 5 4 PENCE 3 2 1 0 1999 2000 2001 2002 2003* CONSENSUS FORECASTS *

  7. Slide 7: Dividend Per Share

    MEARS GROUP PLC DIVIDEND PER SHARE 1.2 1 0.8 PENCE 0.6 0.4 0.2 0 1999 2000 2001 2002 2003* CONSENSUS FORECASTS *

  8. Slide 8: Order Book

    MEARS GROUP PLC ORDER BOOK 70 60 50 £ MN 40 30 20 10 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 As at Jan 2000 - £85m As at Jan 2001 - £104m As at Apr 2003 - £300m

  9. Slide 9: Net Debt / Funds Position

    MEARS GROUP PLC NET DEBT / FUNDS POSITION 6000 5000 4000 3000 £’OOO 2000 1000 0 -1000 -2000 1998 1999 2000 2001 2002

  10. Slide 10: Shareholders

    MEARS GROUP PLC SHAREHOLDERS • BOARD AND EMPLOYEES 23.0% • UNICORN 12.7% • NEWTON 5.8% • CLOSE 5.3% • RATHBONE 4.1% • GARTMORE 3.7% • STANDARD LIFE 3.4% • OLD MUTUAL ASSET 2.0% • ABERDEEN ASSET 2.0% • INVESCO 2.0% • JO HAMBRO 2.0%

  11. Slide 11: Strategy

    MEARS GROUP PLC STRATEGY • EXCELLENT ORGANIC GROWTH TO CONTINUE • MARGIN IMPROVEMENT FROM QUALITY CONTRACTS • RETAIN AND EXTEND CURRENT LONG TERM CONTRACTS • EARNINGS ENHANCING ACQUISITIONS BEING CONSIDERED • EXPAND RANGE OF SERVICES WITH EQUITY BASED START UP COMPANIES • CONTINUE TO DEVELOP SHAREHO

  12. Slide 12: Provide a Range of Facility Services in the Public and Private Sector

    MEARS GROUP PLC PROVIDE A RANGE OF FACILITY SERVICES IN THE PUBLIC AND PRIVATE SECTOR • BUILDING MAINTENANCE • MECHANICAL AND ELECTRICAL MAINTENANCE AND CONTRACTING • VEHICLE COLLECTION AND DELIVERY • FACILITY MANAGEMENT

Mears Group — FY2002 Earnings Presentation on 6ix