Simonds Group Ltd. · ASX:SIO
Simonds — Shareholder Meeting (October 2021)
12 slides from Simonds's shareholder meeting presentation, Oct 27, 2021
Slide 1: 2021 Annual General Meeting Presentation
For personal use only 2021 Annual General Meeting Presentation
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only This presentation is authorised by the Board of Simonds Group Limited (Company) and is current as at the date of the cover page. It is solely based on, and should be read in connection with, information contained on other periodic and continuous
Slide 3: FY21: Building Momentum
FY21: Building Momentum For personal use only The Group’s investment in new channels in previous years has seen starts increase in the current year Federal and state government stimulus contributed to record sales in FY21, delivering higher site starts in FY21 and starts planned in FY22 Balanced foc
Slide 4: FY21 Full Year Financial Results
FY21 Full Year Financial Results For personal use only VISIBLE SAFETY LEADERSHIP focus on maintaining robust safety management systems EBITDA1 NPAT $31.6m $6.1m REVENUE 1.7% due to higher site starts, some changes in product mix and growth in Builders up $0.1m (+0.3%) from continuing Academy operati
Slide 5: Growth in Group EBITDA
Growth in Group Earnings Update For personal use only EBITDA 35 31.5 31.6 30 25 23.2 15.6 17.6 20 10.8 $m 15 13.7 10.1 10 8.5 15.9 7.4 14.0 12.4 5 5.2 2.7 0 FY2017 FY2018 FY2019 FY2020 FY2021 EBITDA 1H EBITDA 2H 1. EBITDA represents earnings before interest, tax, depreciation and amortisation (D&A)
Slide 6: Simonds Homes Results for the Full Year
Simonds Homes Results for the Full Year For personal use only Key Metrics SITE STARTS increased by government stimulus and investment in new channels, which helped offset COVID-19 impacts Revenue EBITDA $661.6m $27.9m REVENUE benefited from higher site starts from existing and new sales up $9.0m (+1
Slide 7: Education Results for the Full Year
Education Results for the Full Year For personal use only Key Metrics BAA RECOGNISED as Victoria’s best small training provider at the 2020 Victorian Training Awards and Australia’s best small training provider at the 2020 Australian Training Awards Revenue EBITDA $14.5m $3.7m BAA VIRTUAL CLASSROOM
Slide 8: Balance Sheet
Balance Sheet For personal use only 30-Jun-21 30-Jun-20 EARNINGS and the continued focus on working capital $m $m management and minimal debt levels, has ensured the Cash / Equivalents 22.8 28.3 Group has a relatively strong net cash position Receivables 33.4 29.3 Tax receivable 2.3 - ACCRUED REVENU
Slide 9: Cash Flows for the Full Year
Cash Flows for the Full Year For personal use only 30-Jun-21 30-Jun-20 CASH FROM OPERATING ACTIVITIES were impacted by $m $m productivity delays on site, and timing of tax payments Cash flows from operating activities Receipts from customers 731.3 726.6 PAYMENT TO SUPPLIERS AND EMPLOYEES impacted Pa
Slide 10: Key Levers for Delivering Shareholder Value
Key Levers for Delivering Shareholder Value For personal use only PAGE 9
Slide 11: Current Trading Conditions and Outlook
Current Trading Conditions and Outlook For personal use only Continued investment into traditional and new sales channels is anticipated to sustain and support growth Uncertainties with the ongoing COVID-19 pandemic make forward-looking statement problematic Heightened demand created by the HomeBuil
Slide 12: For more information contact us
For more information contact us at: Telephone: For personal use only +61 3 9682 0700 Mailing address: Locked Bag 4002 South Melbourne VIC 3205 Physical address: Level 1, 570 St Kilda Road Melbourne VIC 3004 www.simondsgroup.com.au Authorised for lodgement by Simonds Group Limited Board of Directors.