Slide 1: 2011 Annual Results Presentation
For personal use only 2011 Annual Results Presentation 23 August 2011 Safety and Wellbeing | Integrity | Achievement | Teamwork | Loyalty
Slide 2: Group Highlights
For personal use only Group Highlights Sales revenue up 13% to $1,444m EBITDA up 18% to $153m, healthy margin improvement to 10.6% Financial NPAT up 14% to $95.1m, EPS up 12% to 109c, DPS up 14% to 95c Operating cash flow $125m - strong cash conversion Growth achieved across all divisions Operating
Slide 3: Divisional Highlights
For personal use only Divisional Highlights Record sales revenue of $930m, up 10% Engineering Significant scope growth on existing major contracts Construction Awarded $260m in new engineering construction contracts Strengthened LNG construction and commissioning capability Record sales revenue of $
Slide 4: Key Contract Wins and Extensions
For personal use only Key Contract Wins and Extensions 4 www.monadelphous.com.au
Slide 5: Sales Revenue Analysis by Market
For personal use only Sales Revenue Analysis by Market 33% 5 www.monadelphous.com.au
Slide 6: People Performance
For personal use only People Performance Highlights Employee numbers at record levels Skilled labour shortages becoming the major challenge Ramped up initiatives aimed at attraction, development and retention 6 www.monadelphous.com.au
Slide 7: Safety Scorecard
For personal use only Safety Scorecard “The Safe Way is the Only Way” 71% improvement in LTIFR Continued implementation of Safety Leadership Program Rollout of the “Safe Way is the Only Way” policy message 7 www.monadelphous.com.au
Slide 8: Financial Highlights
For personal use only Financial Highlights FY11 FY10 Change Sales Revenue $m 1,443.9 1,275.4 +13.2% EBITDA $m 153.3 129.4 +18.5% EBITDA Margin % 10.6 10.1 +0.5pp Operating Cash Flow $m 125.2 96.0 +30.5% NPAT $m 95.1 83.2 +14.2% NPAT Margin % 6.6 6.5 +0.1pp EPS cps 108.8 96.9 +12.4% DPS (Fully Franke
Slide 9: Historical Performance
For personal use only Historical Performance Sales Revenue ($M) EBITDA ($M) Net Profit After Tax ($M) +13.2% +18.5% +14.2% Earnings Per Share (Cents) Dividends Per Share (Cents) Net Cash Position ($M) +12.4% +14.5% +11.1% 9 www.monadelphous.com.au
Slide 10: NPAT Contribution Analysis
For personal use only NPAT Contribution Analysis 10 www.monadelphous.com.au
Slide 11: Cash Flow Performance
For personal use only Cash Flow Performance Operating Cash Flow ($M) Cash Flow Conversion (%) Cash flow conversion (%) = cash flow (ungeared, pre-tax)/EBITDA 11 www.monadelphous.com.au
Slide 12: Divisional Sales Revenue Summary
For personal use only Divisional Sales Revenue Summary FY11 FY10 Change Engineering Construction $m 929.8 843.6 +10.2% Maintenance Industrial Services $m 401.3 376.2 +6.7% Infrastructure* $m 157.8 59.1 +167.0% Internal Eliminations $m -45.0 -3.5 Total $m 1,443.9 1,275.4 +13.2% *Comparative includes
Slide 13: Engineering Construction
For personal use only Engineering Construction Sales Revenue ($m) Sales Contribution (%) Highlights Record sales revenue of $930m, up 10% Significant scope growth on existing contracts LNG construction and commissioning Development of heavy lift capability Strengthened offshore procurement capabilit
Slide 14: Maintenance and Industrial Services
For personal use only Maintenance and Industrial Services Sales Revenue ($m) Sales Contribution (%) Highlights Record sales revenue of $401m, up 7% Awarded $220m in new contracts and contract extensions Established new facility in Mackay to service the Bowen Basin Winner of Rio Tinto Iron Ore Suppli
Slide 15: Infrastructure
For personal use only Infrastructure Sales Revenue ($m) Sales Contribution (%) Highlights Sales revenue of $158m in inaugural year, up 167% Secured $170m in new contracts Successful integration of KT Pipeline Services Solid waste management – AnaeCo JV PearlStreet Energy Services acquired July 2012
Slide 16: Strategy Progress – Markets & Growth
For personal use only Strategy Progress – Markets & Growth Leading position in core markets Markets & Growth Strengthened position in oil and gas To maximise growth and returns from our Proven capability in LNG construction core markets of Mackay workshop facility for coal market resources and energ
Slide 17: Strategy Progress - People
For personal use only Strategy Progress - People Progressed Safety Leadership Program People Rolled out “Safe Way is the Only Way” To attract, develop and retain the right Finalised international labour agreement people who are highly Developed new recruitment website competent, live our values and
Slide 18: Strategy Progress - Productivity
For personal use only Strategy Progress - Productivity Initiated LEAN continuous improvement Productivity program To continuously improve our service Established internal group assurance delivery and support function processes to realise cost efficiency and Increased overseas sourcing capacity margi
Slide 19: Australian Market Conditions
For personal use only Australian Market Conditions 19 www.monadelphous.com.au
Slide 20: Outlook
For personal use only Outlook Solid workload entering FY12 Unprecedented level of tendering activity Significant contract awards expected in first half of FY12 Timing of projects remains a short term risk Record levels of forecast capital investment for major engineering construction projects New op
Slide 21: Disclaimer and Important Notice
For personal use only Disclaimer and Important Notice Information, including forecast financial information, in this presentation, should not be considered as a recommendation in relation to holding, purchasing or selling shares, securities or other instruments in Monadelphous Group Limited or any o
Slide 22: Contact
For personal use only Contact www.monadelphous.com.au Information for Investors/Analysts: Rachael Cutler, Investor Relations Manager Telephone: +61 (08) 9315 7429 Email: rcutler@monadel.com.au 22 www.monadelphous.com.au
Slide 23: 2011 Annual Results Presentation
For personal use only 2011 Annual Results Presentation 23 August 2011 Safety and Wellbeing | Integrity | Achievement | Teamwork | Loyalty