Perenti Limited · ASX:PRN
Perenti — Perenti Global — Euroz Hartleys Rottnest Conference 2021
17 slides from Perenti's conference presentation, Mar 10, 2021
Slide 1: Euroz Hartleys Rottnest Conference
Euroz Hartleys Rottnest Conference 10 March 2021 For personal use only Mark Norwell Managing Director and CEO, Perenti 1 Perenti Global Limited ABN 95 009 211 474
Slide 2: Important notice and disclaimer
Important notice and disclaimer This presentation and these materials (together the “Presentation”) have been prepared by Perenti Global your own investigations, enquiries and analysis concerning any transaction or investment or underwriting or other For personal use only Limited ABN 95 009 211 474
Slide 3: The Evolution of the Perenti Group
The Evolution of the Perenti Group For personal use only 1987 1993 1998 2010 2018 Barminco was Formed African Established Supply Direct Established MinAnalytical Acquired 100% formed Mining Services and Logistics Direct and Well Control Solutions of Barminco 1987 1994 2007 2012 2019 Formed Ausdrill
Slide 4: What we stand for
What we stand for For personal use only Our Purpose Our Principles Our Aspiration No shortcuts To create enduring value Never wasteful To become the indispensable and certainty Smarter together mining services company Walk in their shoes Enable tomorrow 4
Slide 5: Our portfolio of iconic mining services brands
Our portfolio of iconic mining services brands For personal use only Underground Surface Investments Mining Mining Support services to the mining and oil and gas sector Market leader in global hard-rock underground mining Surface mining operations spaning both Australia and Africa 5
Slide 6: The foundations for growth
The foundations for growth For personal use only INVESTING IN PEOPLE AND SYSTEMS: ensure we have the best people in appropriate roles; removing duplication / inefficiencies COMMITTED TO SUSTAINABILITY: published our inaugural Sustainability Report in FY20 outlining FY21 commitments TOP-TIER FOCUS: A
Slide 7: Our People and Systems: The foundations
Our People and Systems: The foundations For personal use only ▪ SAFETY: rolled out health and safety initiatives designed to improve our safety performance; invested in additional safety and emergency management measures ▪ COVID-19: strong and continued COVID-19 response; specialist COVID-19 team; c
Slide 8: AMS becomes an opportunity
AMS becomes an opportunity For personal use only AMS Strategic Review Findings Actions Status Strong AMS brand • Maintain brand and value proposition generating value through quality and certainty of delivery Ongoing • Exit Boungou and Bissa Complete Historically limited commercial acumen • Centrali
Slide 9: Sustainability: The foundations
Sustainability: The foundations For personal use only ▪ INAUGURAL SUSTAINABILITY REPORT: published August 2020 outlining our FY20 commitments. ▪ PROGRESS: released our inaugural Human Rights; released jurisdictionally specific Speak Up standards, completed both human rights and water risk assessment
Slide 10: Our $9.2B organic growth pipeline
Our $9.2B organic growth pipeline For personal use only Pipeline by business segment Pipeline by country Pipeline by commodity $9.2B $9.2B $9.2B ▪ $5.5B ORDERBOOK: represents secured contract revenue, underpins FY21 revenue; further expansion on conversion of $9.2B pipeline to work in hand Pipeline
Slide 11: Work in hand of $5.5B with $1.3B of extensions
Work in hand of $5.5B with $1.3B of extensions For personal use only Work in hand (by ISG) Work in hand (by country) Work in hand (by commodity) $5.5B $5.5B $5.5B Work in hand rundown ($B) ▪ Work in hand higher than 30 June 2020 with $1.1B contract wins and renewals offsetting work in hand rundown d
Slide 12: Our current growth projects – Zone 5
Our current growth projects – Zone 5 For personal use only ▪ BOTSWANA: modern mining commenced in 1959; currently the highest ranked African jurisdiction - ranked 11th on Frasers Index for Investment Attractiveness ▪ SUPPORTIVE LEGISLATION: Mines and Minerals Act (1999) and Banking Act (1995) suppor
Slide 13: Our current growth projects – Hemlo
Our current growth projects – Hemlo For personal use only ▪ NORTH AMERICA: Strong and increasing presence of major mining companies; largest mining jurisdiction globally ▪ DIFFERENTIATED SERVICE OFFERING: pioneered high speed rapid decline development; will not compete on cost and margin alone ▪ DIL
Slide 14: Balance sheet supports growth
Balance sheet supports growth For personal use only ▪ HIGH YIELD BONDS: oversubscribed with strong international support; refinanced at lower rate; decreased capacity of Revolving Credit Facility ▪ LIQUIDITY: $320M undrawn RCF and $219.5M cash Capital structure ▪ UNDEMANDING METRICS: reduced net deb
Slide 15: Quality underpins value
Quality underpins value For personal use only Responsible: we are guided by Our Principles; proactively managing COVID-19; committed to a sustainable future Delivery: focused on maximising return on capital; track record of consistent, high quality earnings and margins; trading at earnings discount
Slide 16: For personal use only
For personal use only
Slide 17: Thank you
For personal use only Thank you perentigroup.com
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