13 slides from Matrix Composites & Engineering's conference presentation, Feb 12, 2024
Slide 1: Unearthed Conference 2024
UNEARTHED CONFERENCE 2024 12 February 2024
Slide 2: Disclaimer
DISCLAIMER Importa nt informa tion: The following notice and disclaimer applies to this investor presentation issued by Matrix Composites & Engineering Ltd (the Company). You are advise d to re ad the se disclaime rs care fully be fore re ading or making any othe r use of this pre se ntation or info
Slide 3: Our Business: The Power of Advanced Materials
OUR BUSINESS THE POWER OF ADVANCED MATERIALS Henderson Facility, Western Australia Ma trix d e sig n s, e n g in e e rs a n d m a n u fa c tu re s e n g in e e re d p ro d u c ts fro m c o m p o site a n d a d va n c e d m a te ria ls to : • De live r sub se a b uo ya nc y so lutio ns to th e wo rld
Slide 4: Three Business Pillars
THREE BUSINESS PILLARS C o re Tra d itio n a l Em e rg in g C o rro sio n Ad va n c e d Su b se a Te c h n o lo g ie s Ma te ria ls Advanced composite material solutions for Renewables / Defence / Growing anti -corrosion Resources coating, application equipment and SURF, deep water technical service
Slide 5: Strong Growth Momentum
STRONG GROWTH MOMENTUM ~$85m+ Revenue Growth Re tu rn to G ro wth with Po sitive O u tlo o k $47.2m • in c re a sin g ly a c tive o ffsh o re o il & g a s m a rke t d rivin g im p ro ve d Su b se a b u o ya n c y d e m a n d $28.6m • Su b se a re ve n u e m o re th a n d o u b le d to $36.2m in FY23
Slide 6: Subsea
SUBSEA Applications across Oil & Gas and Renewables • Buoyancy (syntactic foam) for: ⚬ De e p w a te r d rillin g ⚬ Su b se a u m b ilic a ls, rise rs a n d flo w lin e s (SURF) ⚬ O ffsh o re flo a tin g w in d tu rb in e s a n d in fra stru c tu re • Ma trix LG S VIV a n d d ra g re d u c tio n b u
Slide 7: Subsea Production (SURF)
SUBSEA PRODUCTION (SURF) Momentum Building Strong SURF Market Penetration Underpinned by Sustained Industry Activity • FY23 turning point for Matrix p resence in SURF Market. Global Subsea Spend • +$90m secured across 3 projects in last 18 months . • Further projects of similar scale being pursued f
Slide 8: Drilling Market
DRILLING MARKET Industry Recovery is Building Industry Leader Strengthening drill rig market • +$1B of syntactic foam buoyancy delivered by Matrix to • Rig ultilisation and day rates increasing. the drilling sector in last 15 years. • $100m of recent quotes to the drilling sector. • Global fleet of
Slide 9: Other Subsea Buoyancy
OTHER SUBSEA BUOYANCY Product Growth Opportunities Deep Sea Mining Equipment Offshore Floating Wind • Currently producing riser buoyancy system using syntactic • 26.5 GW of new floating wind capacity to be foam technology for a deep -sea research vessel. added by 2030. • $13m order in Sep 23, the la
Slide 10: Corrosion Technologies
CORROSION TECHNOLOGIES Extending into Energy and Resources Markets Technology Solutions • Humidur ® coatings • Composite repairs • Equipment • Rotolining : Thermoplastic lining Local Resources Sector • LNG • Brownfield developments • Operational maintenance Key Clients Progress • Established client
Slide 11: Advanced Materials
ADVANCED MATERIALS Emerging Market Space Technology Solutions Australian Industry Sectors • Syntactic foam for Unmanned Underwater Vehicles • Defence • Steel replaced and advanced composites applications • Resources: Iron ore, LNG, Gold • Development and supply of manufactured components for • Energ
Slide 12: Matrix's Growth Proposition
MATRIX’S GROWTH PROPOSITION THE POWER OF ADVANCED MATERIALS Stro ng re ve nue e xp a nsio n Re c urre nt a c c re tive re ve nue d e live re d ; future g ro wth via C o rro sio n Te c hno lo g ie s se c ure d susta inm e nt wo rk Stre ng the ning sub se a m a rke t, Rising le ve l o f re ne wa b le
Slide 13: Contact
CONTACT Aaron Be gle y Chie f Exe cutive Office r T: +61 8 9412 1200 E: aaron.be gle y@matrixe ngine e re d.com Bre ndan Cocks Chie f Fina ncia l Office r T: +61 8 9412 120 0 E: bre ndan.cocks@matrixe ngine e re d.com Composite and advanced materials solutions | Matrix (matrixengineered.com)