Nrw Holdings Limited · ASX:NWH

Nrw — H1 FY2012 Earnings Presentation

17 slides from Nrw's earnings presentation, Feb 24, 2012

  1. Slide 1: NRW Holdings Ltd Half Year Result FY2012

    NRW Holdings Ltd Half Year Result FY2012 244 February 2011 civ Holdings Limited

  2. Slide 2: Disclaimer and Important Notice

    Disclaimer and Important Notice For personal use only Information, including forecast financial information in this presentation should not be considered as a recommendation in relation to holding, purchasing or selling shares, securities of other instruments in NRW Holdings Limited or any other com

  3. Slide 3: Half Year Review: Financial and Operational Highlights

    Half Year Review: Financial and Operational Highlights For personal use only  Record HY revenue of $610.4m 72% increase on 1HY11  EBIT of $70.4m 120% increase on 1HY11  Net Profit After Tax $45.3m 123% increase on 1HY11  Net Debt / Equity 2% From 20% in June 2011  Fully franked dividend 8.0 cen

  4. Slide 4: Safety

    Safety For personal use only Performance  NRW has a world class HSE management system 800000 40 which exceeds AS4801 and is coupled with an HSET 700000 35 reporting system, resulting in improved communications between site and the corporate 600000 30 office. 500000 25  Improved safety performance

  5. Slide 5: Our People

    Our People For personal use only  As of December 31 2011 NRW employed NRW Employees* a workforce in excess of 3,719*. 2007 – Dec 31 2011  Focused strategic approach to attraction 4,000 and retention of talent: 3,500  Graduate and Vacation Work Programs Employees  Apprenticeships 3,000  Online a

  6. Slide 6: Key Financials

    Key Financials For personal use only $m’s Continued Revenue Growth $m’s Continued EBITDA Growth $800 $100 $600 $80 $60 $400 $40 $200 $20 - - FY07 FY08 FY09 FY10 FY11 1st Half FY12 FY07 FY08 FY09 FY10 FY11 1st Half 1st Half 2nd Half 1st Half 2nd Half FY12 Reduction of Net Debt / Equity $m’s Growth of

  7. Slide 7: Projects awarded in 1HY12

    Projects awarded in 1HY12 For personal use only  Multiple contract wins with Fortescue Metals Group:  Main Line Rail Duplication – award value $70 million  Herb Elliott Port Variation – award value $112 million  Solomon Hub - award value $80 million  Queensland Civil Expansion  2 year Supplier

  8. Slide 8: Action Drill & Blast

    Action Drill & Blast For personal use only  Action Drill & Blast now employs more than 300 people, operates over 30 drill rigs and has undertaken work on 14 contracts.  Expansion into coal industry began with award of the first coal project at Middlemount Operation where drilling commenced in Febr

  9. Slide 9: Project Map

    Project Map For personal use only Downer EDI – Fortescue Metals Group Drill & Blast Civil Christmas Creek Mine Herb Elliott Port, Main Line Rail Duplication OM Holdings Ltd - Rio Tinto Iron Ore – Civil Darwin Mining Western Turner Brockman; Fortescue Metals Group Mining Bootu Creek Cape Lambert Stoc

  10. Slide 10: Action Mining Services

    Action Mining Services For personal use only  AMS experienced strong demand for water and service trucks increasing revenue and profits during the half year ended 31 December 2011.  The mechanical repairs business is largely linked to activity in the sector and demand for mobile equipment. The wor

  11. Slide 11: Operating Performance

    Operating Performance For personal use only Operating Performance ($m's) 1HY 12 1HY 11 Change Sales Revenue Civil 323.9 192.1 69% Mining 246.5 149.9 64% Action Drill & Blast 50.9 11.3 354% Action Mining Services 21.0 12.7 65% Other* (31.8) (11.9) Total Sales 610.4 $354.1 72% EBITDA 89.4 48.5 84% EBI

  12. Slide 12: Divisional Performance

    Divisional Performance For personal use only Action Drill Action Mining Divisional Performance ($m's) Civil Mining & Blast Services Half Year Ended 31 Dec 2011 Sales Revenue 323.9 246.5 50.9 21.0 Operational costs (287.3) (214.8) (44.0) (19.9) Segment Profit 36.6 31.7 6.8 2.1 11% 13% 13% 10% Half Ye

  13. Slide 13: Balance Sheet

    Balance Sheet For personal use only Financial Position ($m’s) 1HY12 FY11 FY10 FY09 FY08 Property, Plant & Equipment 297.5 268.5 152.9 125.9 123.4 Other Assets 246.9 205.8 210.0 165.3 199.6 Liabilities (240.8) (154.7) (154.5) (108.7) (113.4) 303.6 319.6 208.5 182.5 209.6 Funded by: Cash / (overdraft)

  14. Slide 14: Capital Expense & Funding

    Capital Expense & Funding For personal use only Capital Expenditure 1HY12 Facilities ($m’s) Limit Available Civil 8.0 Bonding 218 101 Mining 23.8 Asset Finance 389 235 Action Drill & Blast 7.6 Working Capital 35 35 Other 8.6 Other 15 11 TOTAL NET ADDITIONS $48.0 TOTAL $657 $382  Significant investm

  15. Slide 15: Outlook

    Outlook For personal use only  Full Year revenue target circa $1.3 billion, expected NPAT margin of 7%. Results guidance is contingent upon limited disruptions through adverse weather conditions and other unforseen events.  Strong balance sheet and funding facilities in place to underpin future gr

  16. Slide 16: Order Book and Tender Pipeline

    Order Book and Tender Pipeline For personal use only Order Book Tender Pipeline  Current order book is $1.67 billion, comprising $0.49 billion in civil, and $1.18 billion in mining.  ECI projects are excluded from the order $1.50bn book which include the two streams of earthworks within the Rio Ti

  17. Slide 17: Thank you. Any Questions?

    Thank you. Any Questions? For personal use only 17

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