Fleetwood Limited · ASX:FWD
Fleetwood — FY2014 Earnings Presentation
9 slides from Fleetwood's earnings presentation, Aug 26, 2014
Slide 1: 2014 Full Year Results Teleconference
For personal use only 2014 Full Year Results Teleconference 26 August 2014 Brad Denison, Managing Director 2.00pm AEST / 12.00pm AWST Dial-in 1800 123 296, Conference ID 8227 1980
Slide 2: Group Overview
Group Overview Strong track record over the business cycle Industry leaders, # 1 or 2 in markets For personal use only Accommodation Recreational Vehicles Division Division Affordable Housing, Education & Resources Accommodation Recreational vehicles, parts & accessories • Major manufacturing facili
Slide 3: Summary
Summary Performance in education partially offsetting the impact of tough conditions in other markets For personal use only • Strengthened demand for education buildings Highlights • Soft trading conditions continue in resources • Subdued demand for recreational vehicles • Revenue up 10% driven by n
Slide 4: Operational Performance: Accommodation Division
Operational Performance: Accommodation Division Growth in education, subdued conditions in resources Education For personal use only • Qld - strong demand from Year 7 program • Vic - strong demand from Transfer Program & private schools • WA - won first two sizeable contracts Resources • Subdued WA
Slide 5: Operational Performance: Recreational Vehicles Division
Operational Performance: Recreational Vehicles Division Challenging trading conditions, but Asian sourced products starting to penetrate For personal use only Fleetwood RV (Coromal & Windsor) • Shift toward lower spec. budget vehicles • Commenced importing Asian campers • Developed dealer network Ca
Slide 6: Financial Performance
Financial Performance Increased revenue despite tough conditions Group Revenue ($m) NPAT ($m) For personal use only 227.6 27.5 188.4 176.2 27.1 185.3 150.5 21.7 212.1 194.3 190.3 27.7 7.8 148.6 24.3 121.2 16.7 1.4 8.9 4.2 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 MA Revenue ($m) MA EBIT ($m)
Slide 7: Financial Performance
Financial Performance Sizable investment in Osprey Operating Cash Flows ($m) Capex ($m) For personal use only 54.8 43.5 29.7 19.8 23.2 36.5 8.3 17.2 47.6 12.4 31.6 19.2 7.6 13.0 15.3 18.5 10.1 6.2 4.1 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 Sustaining Rental Fleet BRB Acquisition First hal
Slide 8: Outlook
Outlook Strength in Education, but other markets remain challenging For personal use only • Education: Strong demand in Vic and WA however moderating in QLD • Resources: Improving competitiveness Accommodation Division • Searipple: Pursuing opportunities to increase demand • Combabula & Osprey to mo
Slide 9: Questions
For personal use only Questions 9