Matrix Composites & Engineering Ltd · ASX:MCE
Matrix Composites & Engineering — ASX Small and Mid-Cap Conference 2019
12 slides from Matrix Composites & Engineering's conference presentation, Sep 5, 2019
Slide 1: ASX Small and Mid-Cap Conference 2019
ASX Small and Mid-Cap Conference 2019 Matrix Composites & Engineering Aaron Begley – Managing Director 5 September 2019
Slide 2: Disclaimer
Disclaimer Reliance on third party information The information and views expressed in this presentation were prepared by Matrix Composites & Engineering Ltd (the Company) and may contain information that has been derived from publicly available sources that have not been independently verified. No r
Slide 3: Company overview
Company overview SHARE PRICE CORPORATE DETAILS ASX code MCE Issued shares 102,321,429 Share price 36.5c Market capitalisation $37.3m FINANCIAL OVERVIEW Revenue (FY19) $38m Revenue (10 Yr Average) $106m Net cash $2.0m Order Bank $25m MAJOR SHAREHOLDERS BOARD AND MANAGEMENT Max Begley Group 17.8% Pete
Slide 4: Matrix Composites & Engineering
Matrix Composites & Engineering CIVIL & RESOURCES OIL & GAS TRANSPORTATION DEFENCE INFRASTRUCTURE WORKING WITH OUR CUSTOMERS, MATRIX PROVIDES INNOVATIVE ENGINEERING SOLUTIONS USING ADVANCED MATERIALS AND COMPOSITES TO INDUSTRIES WHERE SAFETY AND RELIABILITY ARE CRITICAL. 4
Slide 5: Matrix at a glance
Matrix at a glance ACTIVELY SERVICED MARKETS WORLD’S LARGEST ONGOING INVESTMENT MANUFACTURER OF IN RESEARCH AND SYNTACTIC FOAMS DEVELOPMENT LEADING AUSTRALIAN 21 REGISTERED & EXPORTER OF OIL & GAS PROVISIONAL EQUIPMENT - $1 BILLION PATENTS (MULTIPLE DELIVERED OVER LAST 10 JURISDICATIONS) YEARS 5
Slide 6: Manufacturing facility
Manufacturing facility Australian Marine Complex, Henderson WA • Australian Marine Complex Henderson, Western Australia • 85,000m2 (22,000m2 covered) • Highly automated, SCADA controlled, lean manufacturing • Good access to sea, air and road transport links • Largest hydrostatic pressure testing fac
Slide 7: Oil & Gas operations
Oil & Gas operations RISER BUOYANCY WELL CONSTRUCTION • Historically, Matrix’s primary product • Consumable item used in shale oil and • Used in deepwater drilling operations gas production • Impacted by a sustained period of low • Distribution in North America continuing capex to expand, although r
Slide 8: Oil & Gas – market indicators remain positive
Oil & Gas – market indicators remain positive OFFSHORE PROJECT APPROVALS ARE INCREASING OFFSHORE SPENDING SET FOR STRONG GROWTH 140 400 120 119 120 112 350 110 # of Projects Approved 300 100 86 250 Billion USD 80 70 64 200 60 50 150 44 40 100 50 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 So
Slide 9: Diversified operations
Diversified operations TRANSPORTATION CIVIL AND INFRASTRUCTURE • Opportunities in vehicle lightening to maximise • Range of opportunities to use composites in payload capacity civil and infrastructure products • Awarded $2.4m contract for four prototype • Awarded five-year manufacturing agreement ad
Slide 10: Our customers and partners
Our customers and partners 10
Slide 11: Conclusion
Conclusion • Summary – FY19 revenue of $38.2m, up 95% on FY18 – H2 FY19 earnings represented Matrix’s best six month period since 2016 – Entered FY20 with $25m order book, larger than at the start of FY19. – Delivering on diversification strategy in defence, transportation and civil & infrastructure
Slide 12: Contact Details
Contact Details AARON BEGLEY Chief Executive Officer T +61 8 9412 1200 E aaron.begley@matrixengineered.com 12
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