Maas Group Holdings Ltd. · ASX:MGH
Maas — Corporate Update (June 2021)
21 slides from Maas's corporate update, Jun 30, 2021
Slide 1: Amendment to Presentation Slides
20L Sheraton Rd, Dubbo NSW 2830 PO Box 4921, Dubbo NSW 2830 E: info@maasgroup.com.au For personal use only Ph: 02 5852 1800 ASX Announcement 30 June 2021 Amendment to Presentation Slides MGH refers to its Acquisition and Business Update Presentation which was lodged with the ASX on 28 June 2021 acco
Slide 2: Strategic and complementary acquisitions of businesses and property assets
For personal use only Strategic and complementary acquisitions of businesses and property assets 28 June 2021 1
Slide 3: Agenda
2 For personal use only AGENDA ▸ HIGHLIGHTS ▸ BALANCE SHEET UPDATE ▸ ACQUISITIONS ▸ EARNINGS CONFIRMATION ▸ STRATEGY & OUTLOOK 2
Slide 4: Commitment to Customers
Only earnt through action Focused on safety and solutions COMMITMENT TO CUSTOMERS Deliver on commitments (ie Ph Empowered to get it done and be accountable for the results Transparent conversation to get it right
Slide 5: Highlights
For personal use only HIGHLIGHTS MGH continues to deliver on growth strategy - strategic and complementary acquisitions of businesses and property assets to support long term growth across multiple business segments with $12.5m Pro Forma EBITDA Contribution1 ► Increase approved in MGH’s existing Aus
Slide 6: Balance Sheet Update
For personal use only BALANCE SHEET UPDATE Increase approved in MGH’s existing Australian bank debt facilities from $160m to $200m with improved financial covenants, and additional consent secured to source up to $100m commercial property funding for nominated commercial development projects Existin
Slide 7: Acquisitions Summary
For personal use only ACQUISITIONS SUMMARY Strategic business & property acquisitions with $12.5m proforma EBITDA Contribution. Upfront consideration of $92.2m ($62.7m cash / $29.5m scrip) Up front Up front Deferred Pro Forma EBITDA Total consideration consideration No. of lots consideration (cash)
Slide 8: Commercial and Industrial Real Estate Additions
For personal use only COMMERCIAL AND INDUSTRIAL REAL ESTATE ADDITIONS Real Estate represents a core pillar of MAAS Group’s vertical integration strategy, providing pull-through demand for products and services provided by the Construction Materials and Civil Construction & Hire segments. Strategic a
Slide 9: Residential Real Estate Acquisitions
For personal use only RESIDENTIAL REAL ESTATE ACQUISITIONS MGH has implemented a number of residential property acquisitions, representing the continuation of its strategy to grow its long-term residential real estate pipeline. Exercise of options on properties disclosed in prospectus Up front Expec
Slide 10: Strategic Business Acquisitions
For personal use only STRATEGIC BUSINESS ACQUISITIONS Strategic acquisitions providing growth across the Real Estate, Construction Materials and Civil Construction & Hire Segments. Up front aggregate consideration $31.5m providing Pro forma EBITDA Contribution of $9.7m, additional $14.0m through ear
Slide 11: Strategic Business Acquisitions (Cont.)
For personal use only STRATEGIC BUSINESS ACQUISITIONS (CONT.) In line with its strategy to expand geographically from well-established local operations, MGH announces the following new acquisitions in the New England region for its Construction Materials segment & Civil Construction & Hire segment C
Slide 12: Earnings Guidance Confirmation and Outlook
For personal use only EARNINGS GUIDANCE CONFIRMATION AND OUTLOOK MAAS Group again confirms its FY21 earnings guidance of EBITDA of $70m - $77m FY21 earnings guidance MGH confirms its FY21 earnings guidance of EBITDA of $70m - $77m, excluding the earnings impact of recent acquisitions that were ann
Slide 13: Construction Materials - Highlights & Outlook
For personal use only CONSTRUCTION MATERIALS - HIGHLIGHTS & OUTLOOK Foundations laid to capitalise and grow Tonnage from MGH’s high quality, strategically located quarry assets to increase in the next 12 months (from approximately 1m tonnes sold in FY20 to above 2m tonnes in FY22) Contribution f
Slide 14: Real Estate - Highlights & Outlook
REAL ESTATE - HIGHLIGHTS & OUTLOOK For personal use only High demand for properties and price appreciation delivered material earnings growth ► Real Estate (Residential) Growing pipeline of approximately 4,800 lots, representing >15 year pipeline at today’s delivery rates Strong demand supportin
Slide 15: Real Estate - Highlights & Outlook
REAL ESTATE - HIGHLIGHTS & OUTLOOK For personal use only High demand for properties and price appreciation delivered material earnings growth ► Real Estate (Industrial and Commercial) A key element of MGH’s Real Estate growth strategy is to create value through commercial and industrial property d
Slide 16: Civil Construction & Hire - Highlights & Outlook
For personal use only CIVIL CONSTRUCTION & HIRE - HIGHLIGHTS & OUTLOOK A number of projects commenced delivering immediate returns in 1H21 as well as establishing a foot hold for FY22 and beyond Strong pipeline and forward order book – approximately 60 – 70% secured for he next 12 months Good vi
Slide 17: Manufacturing, Sales & Services Highlights & Outlook
For personal use only MANUFACTURING, SALES & SERVICES1 HIGHLIGHTS & OUTLOOK Continued improvement for inhouse and toll manufacturing to capitalise on growing pipeline from global demand Expansion of product range through VMS supporting expected double-digit growth in FY22 Demand for products and
Slide 18: Related Party Acquisitions
For personal use only RELATED PARTY ACQUISITIONS Related Party Acquisitions Key dates • The following acquisitions of properties are from related parties of MGH, being • Lodge Notice of Meeting with ASX and ASIC: July 2021 entities associated with Wes Maas, the founder and CEO of the Company. • Desp
Slide 19: Strategic Focus
For personal use only STRATEGIC FOCUS ON TRACK CAPITALISE ON CONTINUED VERTICAL INTEGRATION INVESTMENT WITH SUSTAINABLE GROWTH 18
Slide 20: Important Notices & Disclaimers
For personal use only Summary Only Forward-looking statements IMPORTANT The purpose of this presentation is to provide general information about Maas Group Holdings Ltd ( MGH or the Company ) and its subsidiaries and business. All information presented in this Any forward-looking statements containe
Slide 21: Contact
For personal use only Contact HQ: 20L Sheraton Road, Dubbo NSW 2830 Postal: PO Box 4921, Dubbo NSW 2830 P: 02 5852 1800 E: info@maasgroup.com.au ACN: 632 994 542