Nrw Holdings Limited · ASX:NWH
Nrw — Macquarie Western Australia Forum 2018
23 slides from Nrw's conference presentation, Oct 15, 2018
Slide 1: NRW Holdings - Macquarie Western Australia Forum 2018
For personal use only NRW HOLDINGS Macquarie Western Australia Forum 2018 1
Slide 2: Results Overview
RESULTS OVERVIEW • Revenue: $754.3M (1) double the same period last year. For personal use only • EBITDA (2): $93.5M compared to $58.9M in the prior comparative period. • Net Profit after Tax: $42.2M up 48% on last year. • Golding acquisition completed September 2017: – Acquisition price $85M; – Gol
Slide 3: Operational Update
OPERATIONAL UPDATE • Golding For personal use only • Contract extension Pacific Highway - $41M • Urban – release of further project stages and new clients - $26.7M • NRW Civil & Mining • Mobilised to Southflank • Forrestfield Airport Link • Both TBM’s restarted post cross passage stoppage • TBM’s pr
Slide 4: HSE & People
HSE & PEOPLE • Our goal is the elimination of serious injuries through the For personal use only effective and uncompromising management of hazards in Total Recordable Injury Frequency Rate our workplaces. 8 • Total Recordable Injury Frequency Rate (TRIFR) 6 performance across the business for the F
Slide 5: Financial Overview
For personal use only FINANCIAL OVERVIEW Yandicoogina Sustaining Project Stage 2. 5
Slide 6: Summary Financials
SUMMARY FINANCIALS For personal use only FY18 FY17 • Revenue up 98% - Golding acquisition Revenue Earnings Revenue Earnings and increasing order book. $M $M $M $M Total Revenue including Associates 754.3 370.3 • Revenue from associates is FAL contract EBITDA (1) 93.5 58.9 through Joint Venture with
Slide 7: Balance Sheet & Liquidity
BALANCE SHEET & LIQUIDITY 30 June 18 31 June 17 Golding (1) Balance Sheet For personal use only $M $M $M • Increase in Cash from operations (EBITDA) Cash 58.8 42.3 13.1 Debt (93.2) (63.1) (2.4) • Net assets increased to $272.6M Net Debt (34.4) (20.8) 10.7 • Goodwill and Intangibles relates to Goldin
Slide 8: Business Performance
For personal use only BUSINESS PERFORMANCE 8
Slide 9: Business Structure
For personal use only BUSINESS STRUCTURE 9
Slide 10: Civil
CIVIL For personal use only Carrapateena Airstrip. 10
Slide 11: Pilbara Capability Milestones
PILBARA CAPABILITY MILESTONES For personal use only 900km 500km Rail Permanent Formation Roads 100km 5 Conveyor Airstrips Line 11
Slide 12: Pilbara Capability Milestones
PILBARA CAPABILITY MILESTONES For personal use only 5 million m³ 55 Major Bulk Tailings Earthworks Dams Packages (120 million m³) 4 180,000 m³ Major Port Concrete Developments 12
Slide 13: Civil Outlook
CIVIL Outlook For personal use only • Currently bidding work for replacement tonnes programs (Iron Ore). $M FY18 FY17 • Scope of works include 300km of new rail to construct and multiple Revenue 311.3 103.9 Brownfield and Greenfield projects. EBIT 17.8 1.0 • Directly addressable opportunities (earth
Slide 14: Mining
MINING For personal use only Dalgaranga Gold Project. 14
Slide 15: Mining Outlook
MINING Outlook For personal use only • FY19 secured revenue $555M FY18 FY17 Revenue 347.3 185.0 • Increasing activity across resources market EBIT 38.4 25.5 • Baralaba contract performed using client equipment, 11.0% 13.8% which reduces NRW balance sheet risk. No EBITDA 66.5 44.5 depreciation on the
Slide 16: Action Drill & Blast
ACTION DRILL & BLAST For personal use only Boggabri Coal Project . 16
Slide 17: Action Drill & Blast Current Projects
ACTION DRILL & BLAST Current Projects For personal use only FY18 FY17 • Largest production drilling contractor on the east coast. Revenue 117.0 88.1 • 64 drills operating. EBIT 1.7 4.2 • 17 current projects. WA – 4 contracts across lithium and 1.4% 4.8% gold. QLD – 10 and NSW – 3 contracts all in co
Slide 18: Summary
For personal use only SUMMARY 18
Slide 19: Tender Pipeline
TENDER PIPELINE • Order book $2.2B (1) For personal use only • FY19 revenue guidance up 40% on FY18 to $1.1B of Group Revenue Trend which $1.025B secured • Pipeline circa $6.0B – breakdown below: $0.6B Civil Mining 1025 Drill & Blast 754 $2.2B $3.2B 370 288 • Positioning in key traditional markets f
Slide 20: Appendices
For personal use only APPENDICES 20
Slide 21: Project Locations
For personal use only PROJECT LOCATIONS 21
Slide 22: Disclaimer
DISCLAIMER Summary information For personal use only • This Presentation contains summary information about NRW and its associated entities and their activities current only at the date of this Presentation. • This Presentation is for general information purposes only and does not purport to be comp
Slide 23: NRW.COM.AU
For personal use only NRW.COM.AU
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