Downer Edi Limited · ASX:DOW

Downer Edi — Investor Day (May 2016)

21 slides from Downer Edi's investor day presentation, May 4, 2016

  1. Slide 1: Downer EDI 2016 Investor Day

    Downer EDI Limited ABN 97 003 872 848 Triniti 3, Triniti Business Campus 39 Delhi Road North Ryde NSW 2113 1800 DOWNER www.downergroup.com For personal use only 4 May 2016 Company Announcements Office ASX Limited Exchange Centre Level 4, 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam RE: Downer EDI

  2. Slide 2: Relationships creating success

    rsonal use only Relationships creating success

  3. Slide 3: Our Purpose, Promise and Pillars

    OUR PURPOSE, PROMISE AND PILLARS For personal use only 2

  4. Slide 4: Our Expertise

    For personal use only OUR EXPERTISE 3

  5. Slide 5: What We Do

    For personal use only WHAT WE DO 4

  6. Slide 6: Where We Do It

    WHERE WE DO IT For personal use only Downer employs about 19,000 people across more than 200 sites and projects. Number of Sites Region Technology & Transport Utilities Rail Mining Communications EC&M Services Services Services NSW 11 11 8 16 State-wide 5 QLD 10 5 13 11 State-wide 6 ACT 1 - - 1 Stat

  7. Slide 7: The majority of our revenue relates to government infrastructure

    THE MAJORITY OF OUR REVENUE RELATES TO GOVERNMENT INFRASTRUCTURE For personal use only 11% 25% 44% 21% 7% 56% 11% 25% Transport Services Tech & Comms Services Utilities Services EC&M Mining Rail Public Private 6

  8. Slide 8: Strong NPAT and cash performance

    STRONG NPAT AND CASH PERFORMANCE For personal use only NPAT (STATUTORY) ($'M) OP CASH AND EBITDA CONVERSION 700 100% 250 95% 600 90% 200 500 85% 150 80% 400 75% 300 100 70% 200 65% 50 60% 100 55% 0 0 50% FY11 FY12 FY13 FY14 FY15 FY16G FY11 FY12 FY13 FY14 FY15 -50 Op Cash ($'m) EBITDA Conversion (%)

  9. Slide 9: Low debt and gearing

    LOW DEBT AND GEARING For personal use only December 2015 Net debt $188.4 million Gearing: net debt to net debt plus equity 8.4% Gearing (including off balance sheet debt) 13.8% Interest cover 9.2 Net Debt / EBITDA 0.3 Adjusted Net Debt / adjusted EBITDAR 1.8 8

  10. Slide 10: Debt maturity profile

    DEBT MATURITY PROFILE For personal use only BY LIMIT AS AT 31 MAR 2016 - 300 (POST SYNDICATED FACILITY EXTENSION) Finance leases USPP 200 ECA finance A$m Equivalent A$MTN 100 Syndicated bank facility Bilateral bank facilities 0 Jun-16 Dec-16 Jun-17 Dec-17 Jun-18 Dec-18 Jun-19 Dec-19 Jun-20 Dec-20 Ju

  11. Slide 11: Our TSR performance against our peers

    For personal use only -100 -50 0 50 100 150 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 DOW Sep-12 Oct-12 Nov-12 Dec-12 UGL Jan-13 Feb-13 Mar-13 Apr-13 May-13 BRS Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 WOR Nov-13 Dec-13 Jan-14 Feb-14 Ma

  12. Slide 12: Outlook

    OUTLOOK For personal use only  Confirm guidance for FY16  Around $180 million NPAT 11

  13. Slide 13: Strategy

    STRATEGY For personal use only 1. DRIVE IMPROVEMENT IN EXISTING BUSINESSES  leverage our brand  reduce costs, increase efficiency and productivity  improve revenue management 2. INVEST IN GROWTH  strengthen market leading positions, capability and “IP”  technology  we have a strong balance she

  14. Slide 14: Transport Services

    TRANSPORT SERVICES For personal use only Market Position Drive improvement Invest in growth Create positions Surfacing  Market leading positions in  Standardising process in  R&D and technology  Strategic geographic Australia and NZ plants and field operations  New products and expansion  Stre

  15. Slide 15: Utilities Services

    UTILITIES SERVICES For personal use only Market Position Drive improvement Invest in growth Create positions Power and Gas  Market leader in Australia  Continuous improvement  Asset and data  Government outsourcing  Strong offering across driven by Lean management systems  Distribution company

  16. Slide 16: Technology and Communications Services

    TECHNOLOGY AND COMMUNICATIONS SERVICES For personal use only Market Position Drive improvement Invest in growth Create positions Construction  Leading provider for NBN in  Optimisation of field  UFB2 build  Broader offer across Australia and UFB in NZ operations  Mobile build range of asset own

  17. Slide 17: Rail

    RAIL For personal use only Market Position Drive improvement Invest in growth Create positions Manufacturing  Market leader in passenger  Bidding and winning  CRRC partnership  Light rail vehicles in  Market leader in freight  PMO capabilities Australia through EMD  Partner CRRC offshore  Wa

  18. Slide 18: Engineering, Construction and Maintenance

    ENGINEERING, CONSTRUCTION AND MAINTENANCE For personal use only Market Position Drive improvement Invest in growth Create positions Engineering  Market leader:  Optimising market offering  Niche industrial and  Next Generation - coal & minerals processing in specialised engineering minerals engi

  19. Slide 19: Mining

    MINING For personal use only Market Position Drive improvement Invest in growth Create positions Open Cut  Market leader  Leaner support structure  Support long term large  Geographic expansion  Respected technical skills  Drive productivity and contracts (Adani)  Develop relationships  Long

  20. Slide 20: For personal use only

    DRIVESINVEST GREATLE

  21. Slide 21: Appendix: Structure and Service Lines

    APPENDIX: STRUCTURE AND SERVICE LINES For personal use only GRANT FENN CEO Downer Group Organisational SERGIO CINERARI COS BRUYN BRENDAN PETERSEN MICHAEL MILLER DAVID OVERALL Structure CEO CEO CEO Acting CEO CEO Infrastructure Services New Zealand EC&M Rail Mining Service Transport Services Rail Eng

Downer EDI — Investor Day (May 2016) on 6ix