Om Holdings Ltd. · ASX:OMH
Om — Investor Presentation (August 2020)
14 slides from Om's investor presentation, Aug 31, 2020
Slide 1: ASX announcement cover letter
OM HOLDINGS LIMITED (ARBN 081 028 337) No. of Pages Lodged: 14 31 August 2020 ASX Market Announcements ASX Limited 4th Floor 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam OM HOLDINGS LIMITED (“OMH”) INVESTOR PRESENTATION Please find attached a copy of the OMH Investor Presentation for the half-yea
Slide 2: OM Holdings Limited Half Year Results Investor Presentation
1 OM HOLDINGS LIMITED Australia • China • Japan • Malaysia • Singapore • South Africa August 2020 • Half Year Results Investor Presentation • ASX:OMH
Slide 3: Disclaimer
2 DISCLAIMER This presentation has been prepared and issued by OM Holdings Limited ARBN 081 028 337 (“OMH”). This presentation contains summary information about OMH. The information in this presentation does not purport to be complete or to provide all information that an investor should consider w
Slide 4: Our Operations
3 OUR OPERATIONS Exploration & Mining Smelting & Sintering Marketing & Trading Bootu Creek - Australia Qinzhou - China (100%) Singapore/China (100%) (100%) Mn alloy: 80kpta Global sales and procurement Manganese ore: 0.8 Mtpa Sinter ore: 300ktpa Manganese ore, Ferrosilicon, Silicomanganese, Ferroman
Slide 5: Company Snapshot
4 COMPANY SNAPSHOT Integrated mining and smelting Group, major bulk ferroalloy producer Issued Shares 738.6 million shares $2.00 Share Price Performance Share Share Price A$ 0.32 Metrics $1.50 (as at 25th 52 weeks Low / High A$ 0.25 / A$ 0.635 $1.00 Aug 2020) Market Capitalization A$ 236.4 million $
Slide 6: 1H 2020 Financial Highlights
5 1H 2020 FINANCIAL HIGHLIGHTS Revenue Loan Repayment Cashflow from Operations A$386.5m A$27.3m A$52.7m 1H 2019 A$534.6m 1H 2019 A$32.6m 1H 2019 A$50.3m Adj. EBITDA Gearing Ratio Profit per share A$53.1m 0.86x 1.84 cents 1H 2019 A$109.0m FY2019 0.93x 1H 2019 6.49 cents
Slide 7: Recorded A$53.1M EBITDA in 1H 2020
6 RECORDED A$53.1M EBITDA IN 1H 2020 Revenue and GP Margin 1H 2020 Revenue and EBITDA declined due to: • Slower global economic activity due to COVID- $2,000 23.4% 25% 19 pandemic and subsequent lockdowns 21.2% 19.9% Revenue A$ million 14.9% 20% • Significantly lower demand for crude steel led $1,50
Slide 8: Gearing Ratio Lowered, Positive Cash Position Maintained
7 GEARING RATIO LOWERED, POSITIVE CASH POSITION MAINTAINED Continue to focus on paying down debt Total Debt • Repaid A$27.3 million comprising Sarawak $800 Gearing Ratio 5 4.76 project finance loan and other debt in 1H 2020 4 $600 • A$ million 3.05 3 Gearing ratio decreased to 0.86 times $400 (Net d
Slide 9: 1H 2020 Operational Highlights
8 1H 2020 OPERATIONAL HIGHLIGHTS Mn Ore Production Volume (kmt) Mining Segment (Mn Ore) • Tough mining restart with wet season impacting material feed 360 ~16% to the processing plants, lowering production volumes 301 • Sales of 268,941 tonnes in 1H 2020 (372,602 tonnes in 1H 2019) 1H 2019 1H 2020 F
Slide 10: Challenging Price Environment
9 CHALLENGING PRICE ENVIRONMENT Weakened demand from COVID-19 and high inventories weighed down prices in H1 2020 FeSi Production Mn Ore Index Ore Inventory USD/mt (‘000s mt) USD/dmtu (millions mt) $2,100 600 $10 Manganese Ore Index 5.0 Chinese FeSi Production Japan FeSi Index $9 4.5 $1,900 Japan Si
Slide 11: COVID-19: Emergence and Response
10 COVID-19: EMERGENCE AND RESPONSE Continue to prioritise the safety and wellbeing of all employees and communities Employee Safety Business Continuity Rolled out safety preventive measures: Supply Chain & Markets - Additional storage capabilities gives flexibility • Increased hygiene standards, sh
Slide 12: Growth of Steel in SEA
11 GROWTH OF STEEL IN SEA Steel demand remains positive in the long run Steel consumption per capita Other Asia 87kg per capita North America 289kg per capita European Union 333kg per capita East Asia 726kg per capita* Rapid urbanization in SEA • Higher standards of living • Increased demand for ste
Slide 13: Focus Areas and Targets
12 FOCUS AREAS AND TARGETS Prioritise on key focus areas, position for market recovery post pandemic Operational Financial • Respond flexibly and adjust production volume, • Continuous debt repayment and focus on keeping pace with market demand lowering cost of financing • Hot commissioning of sinte
Slide 14: OM Holdings Limited
13 OM HOLDINGS LIMITED AUSTRALIA • CHINA • JAPAN • MALAYSIA • SINGAPORE • SOUTH AFRICA