Sgh Limited · ASX:SGH
Sgh — Seven Group Holdings — Macquarie Australia Conference 2016
22 slides from Sgh's conference presentation, May 5, 2016
Slide 1: ASX cover letter - Investor Presentation
5 May 2016 For personal use only Company Announcement Office ASX Limited Level 6 20 Bridge Street SYDNEY NSW 2000 By electronic lodgement Total Pages (including cover letter): 22 Dear Sir / Madam INVESTOR PRESENTATION Please find attached an Investor Presentation given today by Mr Richard Richards,
Slide 2: SGH Investor Presentation
For personal use only SGH Investor Presentation Richard Richards, CFO Macquarie Australia Conference 5 May 2016
Slide 3: Disclaimer
Group Overview | Disclaimer Basis of preparation of slides For personal use only Included in this presentation is data prepared by the management of Seven Group Holdings Limited (“SGH”) and other associated entities and investments. This data is included for information purposes only and has not b
Slide 4: Introduction
Group Overview | Introduction Who we are For personal use only SGH is a diversified operating and investment group Enterprise value of approximately $3.5 billion We invest in businesses and assets with market-leading positions and comparative advantages in their sector What we do Industrial
Slide 5: Our Businesses
Group Overview | Our Businesses For personal use only Industrial Services SGH Ownership Business Description Strategic Position WesTrac Australia 100% Cat dealer in WA and NSW/ACT #1 equipment solution company in WA and NSW/ACT WesTrac China 100% Cat dealer in five provinces in China One of the lead
Slide 6: Industrial Services | WesTrac Australia
Industrial Services | WesTrac Australia #1 equipment solution company in WA and NSW/ACT For personal use only WesTrac Australia is the sole authorised Caterpillar dealer that supplies new and used mining and construction equipment and delivers valuable after-sales parts and service Employs 2,815
Slide 7: Industrial Services | WesTrac Australia
Industrial Services | WesTrac Australia Cat Equipment Utilisation WA NSW Total Market position For personal use only Machine population 14,121 13,830 27,951 An unprecedented mining investment boom in 2012/13 has shifted into the Mining population 4,082 1,402 5,484 mining production phase deliverin
Slide 8: Industrial Services | Coates Hire
Industrial Services | Coates Hire Australia’s largest equipment hire company For personal use only 130 years of experience in supplying construction, mining, infrastructure and many other sectors 238 branches nationwide and more than one million items of equipment available for hire Ranks as o
Slide 9: Industrial Services | Major East Coast Projects
Industrial Services | Major East Coast Projects Major infrastructure projects For personal use only Growth in the Australian economy is rebalancing and investment activity has shifted to the eastern states WesTrac and Coates Hire are benefiting from this through new infrastructure projects and r
Slide 10: Industrial Services | WesTrac China
Industrial Services | WesTrac China One of the leading equipment solutions companies in China For personal use only Invited by Caterpillar in 2001 to take up sole authorised dealership in north-east China 797 full-time equivalent staff across 51 locations in eight provinces Market position Chi
Slide 11: Media | Seven West Media
Media | Seven West Media SWM is Australia’s leading audience company with ability to reach more people with better content For personal use only Australia Population ~24,000,000 Seven West Media Reach >16,000,000 Seven Network 12,500,000 Five capital cities, regional Queensland and live digital mu
Slide 12: Media | Seven West Media
Media | Seven West Media For personal use only SWM is a content and audience business Creation and ownership of content are core principles – SWM is the largest domestic producer of content Multi-platform reach gives the ability to deliver content to a wider audience than competitors Best posi
Slide 13: Energy | Asset Overview
Energy | Asset Overview Darwin Market position Browse Basin For personal use only Crux (15%) Australia has a comparative advantage in resources and is set to Echuca Shoals (100%) become the world’s largest LNG exporter Energy demand in Asia will continue to grow and Australia is well Gladstone p
Slide 14: Investments | Property Portfolio
Investments | Property Portfolio Realising value from our existing property assets For personal use only Direct property holdings: – Kings Square site (formerly Perth Entertainment Centre) – Seven Hills (formerly Seven Network’s Perth studio) Indirect property holdings: – 25% stake in REVY Inves
Slide 15: Investments | Listed Portfolio
Investments | Listed Portfolio Listed portfolio provides a store of value For personal use only Portfolio characterised by high liquidity and high yielding holdings Provides a tax-effective earnings stream Provides funding for future growth and investment initiatives As at 31 December 2015:
Slide 16: Financials | Profit and Loss
Financials | Profit and Loss $m FY15 FY14 FY13 FY12 FY11 For personal use only Revenue 2,779.6 3,088.2 4,751.6 4,467.4 3,162.8 Other income 126.6 104.6 78.8 75.6 64.8 Share of associate profits 80.1 104.5 125.1 154.8 143.6 Total revenue and other income 2,986.3 3,297.3 4,955.5 4,697.8 3,371.2 Expens
Slide 17: Financials | Operating Cash Flow
Financials | Operating Cash Flow $m FY15 FY14 FY13 FY12 FY11 For personal use only Underlying EBIT 314.5 374.4 622.8 553.1 353.0 Add: depreciation and amortisation 62.1 48.1 63.2 76.7 67.8 Underlying EBITDA 376.6 422.5 686.0 629.8 420.8 Operating cash flow 287.1 244.9 821.9 (115.1) (28.9) Add: inter
Slide 18: Financials | Balance Sheet
Financials | Balance Sheet As at As at As at As at As at $m For personal use only 30 Jun 15 30 Jun 14 30 Jun 13 30 Jun 12 30 Jun 11 Trade and other receivables 452.1 599.0 721.6 920.5 554.3 Inventories 929.2 856.6 1,050.5 1,384.6 989.6 Investments 2,124.8 2,533.6 2,209.1 2,203.7 2,366.4 Property, pl
Slide 19: Financials | Debt Maturity Profile
Financials | Debt Maturity Profile For personal use only At 31 March 2016, the Group had $951m of available undrawn borrowing facilities Current “<1 year” debt includes a $109m USPP tranche that matures in August 2016 as well as a number of offshore facilities and short term OEM facilities that
Slide 20: Financials | Capital Management
Financials | Capital Management Our aim is to For personal use only Ensure an efficient capital structure by maintaining prudent levels of gearing and retaining access to multiple capital markets Retain sufficient balance sheet flexibility to fund the working capital needs ← Interim 20cps of ope
Slide 21: Key Takeaways
Key Takeaways Market leading businesses For personal use only We provide exposure to businesses that are clear leaders in their sectors through WesTrac Australia, Coates Hire and Seven West Media The transformation of these businesses to meet current market conditions through cost initiatives, s
Slide 22: Appendix | Group Structure
Appendix | Group Structure For personal use only Industrial Services Media Energy Investments 41% Property ~$64m 100% Portfolio Australia 100% Longtom ~$642m Listed Portfolio 100% 100% 15% Crux China Other Unlisted 100% Echuca Shoals Investments 100% 46% 11% Bivins Ranch 100% 23% Beach Energy 100% O
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