Slide 1: FY 2012 Results Presentation
For personal use only FY 2012 Results Presentation September 2012 1
Slide 2: Disclaimer
For personal use only Disclaimer Despite anything stated in this notice or elsewhere in the document, none of the information (whether considered separately or together) constitutes an offer, invitation, solicitation, advice or recommendation with respect to the issue, purchase or sale of any shar
Slide 3: FY 2012 Results Presentation
For personal use only FY 2012 Results P Presentation t ti 3
Slide 4: K&S Corporation Limited
K&S CORPORATION LIMITED Www ksgt OUP. conteau
Slide 5: FY2012 Highlights
For personal use only FY2012 Highlights • Revenue growth of 6% to $554.8 million • Profit after tax increases by 10.9% • Strong performance by Western Australian business • Increased volume with CHEP • Organic g g growth in Steel Business • Balance Sheet further strengthened with gearing at 21.6% 5
Slide 6: FY2012 Results
For personal use only FY2012 Results • Clearly we have seen first hand the two speed economy in our business business. • East Coast operations have experienced the effects of the high A$. • On the West Coast we have seen the positive impacts of the mining industry. • Our strong second half performan
Slide 7: FY2012 Results
For personal use only FY2012 Results • In Western Australia where Regal Transport enjoyed solid 19% revenue growth based on mining expansion in the Pilbara and Kimberley regions. • Our New Zealand business improved on the back of a recovery in the dairy and timber industries. industries • Strong sec
Slide 8: Full Year Result
For personal use only Full Year Result 8
Slide 9: Half Year Result
For personal use only Half Year Result 9
Slide 10: 2012 Segment Performance
For personal use only 2012 Segment Performance 10
Slide 11: 10-Year Underlying EBIT & PAT
For personal use only 10 Year Underlying* EBIT & PAT 10-Year * Underlying EBIT excludes significant one‐off non‐recurring items. 11
Slide 12: Balance Sheet Summary
For personal use only Balance Sheet Summary As at ($m) 30 June 2012 30 June 2011 Cash and equivalents 21.0 9.7 Receivables 73.2 67.5 Inventories 2.9 3.0 Other 5.2 5.3 • Gearing within target Total Current Assets 102.3 85.5 range at 21.6%. p y, Plant & Equipment Property, q p 219.4 222.0 Intangibles
Slide 13: Dividend Summary
For personal use only Dividend Summary • Final dividend of 6.0 cents per share: – Record date for interim dividend is 17 October 2012. – Final dividend payable on 31 October 2012. • DRP remains active with a 2.5% price discount. 13
Slide 14: 10-Year Dividend Payment History
For personal use only 10 Year Dividend Payment History 10-Year Cents per share cents 16 14 12 8 7 7 7 10 7 5 Final 8 6 6 Interim 5 6 5 4 8 7 7 7 7 7 5 5 5 2 4 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 14
Slide 15: Key Customers
For personal use only Key Customers • K&S has a large and diversified customer base. 15
Slide 16: K&S Nationwide
For personal use only K&S Nationwide • K&S operates extensively throughout g Australia and New Zealand. 16
Slide 17: Safety
For personal use only Safety • External safety audit was undertaken in October 2011 as part of our Comcare licence renewal. • The audit covered 6 sites across various states states. • In addition Comcare audited our rehabilitation and claims management system. • O On the h 4 JJuly l 2012 Comcare C e
Slide 18: Our Safety Target Remains Zero Harm
For personal use only Our Safety Target Remains Zero Harm 18
Slide 19: Looking Forward
For personal use only Looking Forward • We are currently planning a review of strategy and would expect the review to be completed by end of the first half. • We W will ill continue ti tto grow th the b business i th through: h – Organic growth – Tenders – Acquisitions. 19
Slide 20: K&S Contacts
For personal use only K&S Contacts Mr Greg Stevenson Managing Director Ph: 03 8744 3501 greg.stevenson@ksgroup.com.au Mr Bryan Walsh Chief Financial Officer Ph: 0402 899 889 bryan walsh@ksgroup com au bryan.walsh@ksgroup.com.au 20