Sgh Limited · ASX:SGH
Sgh — Shareholder Meeting (November 2019)
16 slides from Sgh's shareholder meeting presentation, Nov 20, 2019
Slide 1: Annual General Meeting Presentation
20 November 2019 Company Announcements Office Australian Securities Exchange Limited Level 6, 20 Bridge Street Sydney NSW 2000 By electronic lodgment Total Pages: 16 (including covering letter) Dear Sir / Madam Annual General Meeting Presentation Attached is a copy of the presentation to be made by
Slide 2: Leading the Way Forward
LEADING THE WAY FORWARD Annual General Meeting 20 November 2019
Slide 3: Group Overview
Annual General Meeting Seven Group Holdings 2 20 November 2019 GROUP OVERVIEW Our objective is to grow shareholder returns by ensuring our businesses continue to perform and deliver market-leading positions
Slide 4: People, Safety and Culture
Annual General Meeting Seven Group Holdings 3 20 November 2019 GROUP OVERVIEW PEOPLE, SAFETY AND CULTURE Our people are our greatest asset and keeping them safe is LTIFR TRIFR our top priority • Expanded our safety commitment through leadership programs Q1 ‘20 FY19 FY18 Q1 ‘20 FY19 FY18 – WesTrac’s
Slide 5: Businesses and Markets
Annual General Meeting Seven Group Holdings 4 20 November 2019 GROUP OVERVIEW BUSINESSES AND MARKETS Mining production Industrial Industrial Energy Media • We provide equipment solutions to the world’s services services investments largest miners, supporting record production volumes and driving eff
Slide 6: Key Drivers
Annual General Meeting Seven Group Holdings 5 20 November 2019 GROUP OVERVIEW KEY DRIVERS Iron ore and coal export volumes per annum Major transport infrastructure projects (over $2 billion) $ Billion (in FY17 constant prices) Forecast Source: Bloomberg Note: chart is based on projects with over $2
Slide 7: FY19 Review
Annual General Meeting Seven Group Holdings 6 20 November 2019 GROUP FY19 REVIEW Our financial results reflect the level of operating performance achieved and our continued focus on driving efficiencies and cash flow
Slide 8: Year in Review
Annual General Meeting Seven Group Holdings 7 20 November 2019 YEAR IN REVIEW Key sectors performing strongly delivering 40% EBIT growth to $695m • Trading revenue of $4.1bn up 27% with growth across all businesses • EBIT up $198m on pcp delivered through WesTrac ($83m), Coates Hire ($54m) and Beach
Slide 9: Year in Review: Key Financials
Annual General Meeting Seven Group Holdings 8 20 November 2019 YEAR IN REVIEW KEY FINANCIALS Underlying Results ($m) – continuing operations FY19 FY18 % Change Trading revenue 4,084.0 3,207.9 27% Earnings before interest and tax1 695.1 496.9 40% Underlying net profit after tax1 478.9 321.9 49% Under
Slide 10: Financials: Capital Management
Annual General Meeting Seven Group Holdings 9 20 November 2019 FINANCIALS CAPITAL MANAGEMENT Capital structure optimised and strengthened • TELYS4 conversion to ordinary shares well supported by all investors and simplifies the capital structure • Free float increased from 34% to 39% and new investo
Slide 11: Industrial Services: Coates Hire Update
Annual General Meeting Seven Group Holdings 10 20 November 2019 INDUSTRIAL SERVICES COATES HIRE UPDATE Leadership and organisational restructure • Change of CEO with Murray Vitlich appointed in July after previous role as SGH Chief Operating Officer • Restructured CEO direct reports and redesigned i
Slide 12: Media: Seven West Media Update
Annual General Meeting Seven Group Holdings 11 20 November 2019 MEDIA SEVEN WEST MEDIA UPDATE Structural changes implemented Benefits of merger with Prime • Change of CEO with James Warburton appointed in August • Streamlined operations and new executive appointments • Removal of duplication across
Slide 13: Energy: Crux Update
Annual General Meeting Seven Group Holdings 12 20 November 2019 ENERGY CRUX UPDATE Crux development update • Crux is an attractive asset, uniquely positioned as a backfill opportunity utilising existing infrastructure • Anticipated global LNG supply gap around the projected Crux start-up window • Si
Slide 14: Outlook
Annual General Meeting Seven Group Holdings 13 20 November 2019 GROUP OUTLOOK Focused on how we can position the businesses to best drive value and realise their potential
Slide 15: Outlook FY20
Annual General Meeting Seven Group Holdings 14 20 November 2019 OUTLOOK FY20 Business Outlook WesTrac and Coates Strong medium to long term outlook for mining production and infrastructure investment Hire continuing to Opportunities being created through new mining projects planned by major mine
Slide 16: Disclaimer
Annual General Meeting Seven Group Holdings 15 20 November 2019 GROUP OVERVIEW DISCLAIMER Basis of preparation of slides • Included in this presentation is data prepared by the management of Seven Group Holdings Limited (“SGH”) and other associated entities and investments. This data is included for