Cleanaway Waste Management Ltd. · ASX:CWY
Cleanaway Waste Management — Macquarie Australia Conference 2017
16 slides from Cleanaway Waste Management's conference presentation, May 3, 2017
Slide 1: For personal use only
For personal use only 3 May 2017
Slide 2: Australia's leading total waste management services company
Australia’s leading total waste management services company Increasing shareholder returns by: For personal use only Making a sustainable future possible for all stakeholders – customers, employees and investors Growing top line organically Maintaining a “fit for purpose” organisation and oper
Slide 3: Largest scale and leverage in the waste value chain in Australia
Largest scale and leverage in the waste value chain in Australia For personal use only Collections Resource recovery Waste disposal Serving over 100,000 Generating over 145m kWh of Increasing network of landfill Commercial and Industrial renewable energy each year and transfer stations across
Slide 4: Our journey from 'good to great' is underpinned by five strategic pillars
Our journey from ‘good to great’ is underpinned by five strategic pillars and we are making progress on our journey For personal use only Segmented sales structure $30 million in permanent Maintaining capital operational – early signs of cost reductions achieved expenditure spending below orga
Slide 5: Capital for Cash – Landfill Remediation and rectification
Capital for Cash – Landfill Remediation and rectification For personal use only Sale of closed landfills Forecast to generate a pre-tax profit of approximately $20-$22 million in Brooklyn, Melbourne 2H17 – As announced on 31st Jan 2017 Profit comprises release of rectification and remediation pr
Slide 6: An improving operational performance
An improving operational performance…….. LIS turnaround WIP Total Cleanaway For personal use only $655.9 $669.7 $651.0 $672.4 $645.2 22.1% 22.4% 20.5% 18.6% 17.0% 8.8% 8.7% 9.8% 10.0% 6.2% 1H15 2H15 1H16 2H16 1H17 Net Revenue ($m) EBITDA Margin EBIT Margin Total Solids Liquids and Industrial Service
Slide 7: Improving free and operating cash flow generation
Improving free and operating cash flow generation Free Cash Flow1 For personal use only $34.5 ($m) $32.7 $26.1 $18.0 1H15 2H15 1H16 2H16 1H17 -$7.2 Operating Cash Flow $112.9 $99.8 $94.5 $81.7 $77.8 101.0% 95.0% 92.0% 90.0% 80.0% 1H15 2H15 1H16 2H16 1H17 Operating Cash Flow Cash Flow Conversion 2 No
Slide 8: Footprint 2025
For personal use only Footprint 2025 Developing a nationwide footprint of key infrastructure assets in resource recovery
Slide 9: Our Strategy, Structure and Focus is aligned with Our Value Operating Model
Our Strategy, Structure and Focus is aligned with Our Value Operating Model For personal use only 9
Slide 10: The case for resource recovery is strengthening and this trend will only accelerate
The case for resource recovery is strengthening and this trend will only accelerate For personal use only Landfill consolidation Policy changes Customer requirements & gate fees State Government diversion Large customers increasingly Trend towards fewer, larger landfills targets are progressiv
Slide 11: The value of resource recovery can be quantified in a 'diversion prize' metric
The value of resource recovery can be quantified in a “diversion prize” metric For personal use only Option A 100% to landfill 5 - 40% to landfill Cleanaway collections Option B 60 - 95% recovered and diverted Resource Recovery from landfill* The “diversion prize” is the commodity value plus the lan
Slide 12: The diversion prize varies by geography
The diversion prize varies by geography For personal use only Landfill gate fee Underlying gate fee Geography drivers (FY16) Levy Dollars per tonne 400 Landfill gate fees 300 Underlying gate fees vary significantly by state 200 Gate rates generally rising at CPI plus 100 0 NSW VIC SA WA QLD Levy Lar
Slide 13: Proven technologies for cost effective resource recovery of various waste streams
There is a wide range of proven technologies for cost effective resource recovery of various waste streams Mixed Solid Commingled C&I – For personal use only Key Technologies Waste Organics recycling dry inert C&D Sorting and C&I / C&D Material Recycling Facility Recycling Clean Material Recyc
Slide 14: Footprint 2025: extracting maximum value through the value chain
Footprint 2025 For personal use only To achieve our 2025 strategic vision, we will extract maximum value through the value chain Landfill/alternative Collections Resource recovery waste disposal Operational efficiency Access to strategic resource Well located prized assets recovery facilities
Slide 15: Cleanaway prized infrastructure assets completed or in planning stages
Cleanaway prized infrastructure assets completed or in planning stages For personal use only Queensland Victoria New South Wales Western Australia New Paper Recycling Biogas generation Transfer Station and Material Recycling facility increase at MRL Material Recycling Facility and Transfer F
Slide 16: In closing
In closing For personal use only Our journey is in line with our commitments – Our Vision, Our Operating Model, Our 5Cs, and our understanding of the competitive landscape which will continue to evolve Improvements are being achieved across the Company along a number of key metrics Footprint 2
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