Slide 1: Full Year Results 18 August 2020
FULL YEAR RESULTS 18 AUGUST 2020 TOGETHER WE DELIVER Monadelphous
Slide 2: Monadelphous Profile
MONADELPHOUS PROFILE For personal use only 2020 FULL YEAR RESULTS 2
Slide 3: 2020 Group Performance & Highlights
2020 GROUP PERFORMANCE & HIGHLIGHTS For personal use only REVENUE1 REVENUE BY END CUSTOMER REVENUE BY DIVISION ($M) $1,651 NET PROFIT AFTER TAX $36.5 EARNINGS PER SHARE 998.4 38.7 841.1 652.9 FULL YEAR DIVIDEND 35.0 CASH • Record revenue performance in Maintenance and Industrial Services $208.3 • Se
Slide 4: Impact of COVID-19
IMPACT OF COVID-19 For personal use only • Second half significantly impacted by economic and social impact of COVID-19 • Measures implemented to prevent spread resulted in EMPLOYEE NUMBERS delay, suspension, deferral and reduction of services across broad range of projects and worksites, and tempor
Slide 5: Response to COVID-19
RESPONSE TO COVID-19 For personal use only • Proactive measures implemented to ensure business sustainability and protect safety and wellbeing of employees and community • Dedicated team to monitor, assess and provide guidance to business • Health risk management protocols prepared and implemented •
Slide 6: 2020 Divisional Highlights: Engineering Construction
2020 DIVISIONAL HIGHLIGHTS ENGINEERING CONSTRUCTION For personal use only • Recorded revenue of $615.9 million1 REVENUE BY END CUSTOMER ($M) • Secured $640 million of new contracts • Work continued on several large resources construction projects for BHP, Rio Tinto and Albemarle • Awarded contract f
Slide 7: 2020 Divisional Highlights: Maintenance & Industrial Services
2020 DIVISIONAL HIGHLIGHTS MAINTENANCE & INDUSTRIAL SERVICES For personal use only • Revenue of $1.05 billion REVENUE BY END CUSTOMER ($M) • Third consecutive record annual revenue performance • Significant increase in shutdown and maintenance work across resources sector • Secured $515 million in n
Slide 8: Contracts Secured
CONTRACTS SECURED For personal use only 2020 FULL YEAR RESULTS 8
Slide 9: Safety Performance
SAFETY PERFORMANCE For personal use only 6.00 4.00 3.72 TRIFR 2.00 LTIFR - 2018 2019 2020 0.26 • Tragic incident at Kalgoorlie services facility • Year-on-year improvement in TRIFR performance • Engineering Construction achieved zero recordable injuries in resources for 12 month period • Rollout of
Slide 10: People
PEOPLE For personal use only • Strong demand for resources sector personnel • Implemented strategic sourcing initiatives and reviewed succession planning • 5,579 employees at 30 June 2020 • Retention and development initiatives will become increasingly important as labour market tightens across reso
Slide 11: Social Value – 2020 Highlights
SOCIAL VALUE – 2020 HIGHLIGHTS For personal use only • Strong female participation, including job and development opportunities • 40% of 2020 Apprenticeship Program appointments and 25% of 2020 Graduate Program appointments were female • 20% of key leadership development programs participants were f
Slide 12: Financial Snapshot
FINANCIAL SNAPSHOT For personal use only Period ended 30 June FY20 FY19 CHANGE Revenue1 $M 1,650.8 1,608.3 2.6% Engineering Construction1 615.9 622.9 (1.1%) Maintenance and Industrial Services 1,049.8 998.4 5.1% Internal Eliminations (14.9) (13.0) EBITDA2,3 $M 92.1 106.8 (13.8%) EBITDA margin2 % 5.6
Slide 13: Industry Outlook – Australia
INDUSTRY OUTLOOK – AUSTRALIA For personal use only 40 TOTAL RESOURCES CAPEX A$B 70 TOTAL ENERGY CAPEX A$B 35 60 30 50 25 40 20 30 15 20 10 5 10 0 0 2016 2017 2018 2019 2020f 2021f 2022f 2023f 2024f 2025f 2016 2017 2018 2019 2020f 2021f 2022f 2023f 2024f 2025f Source: BIS Oxford Economics, ABS (June
Slide 14: Outlook
OUTLOOK For personal use only • Uncertain global economic outlook due to COVID-19 • Resources sector expected to provide steady flow of opportunities • Outlook for Australian iron ore remains solid • Chilean copper market expected to provide growth opportunities • Declining global demand on oil and
Slide 15: Appendices
For personal use only APPENDICES
Slide 16: Engineering Construction: Major Projects FY 2020
ENGINEERING CONSTRUCTION MAJOR PROJECTS FY 2020 For personal use only • BHP; SMPE&I works associated with Inflow infrastructure at South Flank Project, Pilbara, WA • BHP; SMPE&I works associated with Outflow infrastructure at South Flank Project, Pilbara, WA • thyssenkrupp; site assembly of stackers
Slide 17: Maintenance & Industrial Services: Major Service Contracts FY 2020
MAINTENANCE & INDUSTRIAL SERVICES MAJOR SERVICE CONTRACTS FY 2020 For personal use only • Woodside; onshore and offshore maintenance and brownfields services for Woodside-operated gas production facilities in north west of WA, maintenance and turnarounds at Karratha Gas Plant • BHP Iron Ore; general
Slide 18: Notes to Financials
NOTES TO FINANCIALS For personal use only NON-IFRS FINANCIAL INFORMATION STATUTORY REVENUE FROM CONTRACTS WITH CUSTOMERS AND EBITDA RECONCILIATIONS FY20 FY19 $M $M Monadelphous Group Limited Total revenue from contracts with customers including joint ventures 1,650.8 1,608.3 results are reported und
Slide 19: Disclaimer & Important Notice
DISCLAIMER & IMPORTANT NOTICE For personal use only 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 oth