Boom Logistics Ltd · ASX:BOL

Boom Logistics — Investor Presentation (February 2019)

13 slides from Boom Logistics's investor presentation, Feb 21, 2019

  1. Slide 1: Half Year Results Presentation

    31 December 2018 Half Year Results Presentation 21 February 2019

  2. Slide 2: Highlights

    Highlights Financial Operations Capital Strategic Performance Update Management Focus  Revenue $92.5m for H1  Completed 2 years and  Net debt at $34.6m, down  Target to win new wind farm FY19 in line with pcp 3 million hours worked $2.7m in period construction projects without a Lost Time Injury

  3. Slide 3: Revenue & Market Update

    Revenue & Market Update  Solid contracts with major customers in the mining Revenue by Market Segment and resources sector $100m  Queensland continues to be strong with improved market opportunities - renewed contracts with $90m $4m BMA, BMC and Curragh $6m  3 year contract renewed with Alcoa in

  4. Slide 4: Operating Profit

    Operating Profit • Revenue from services at $92.5m is in line with prior 31-Dec-18 31-Dec-17 Change period $'m $'m % • Other Income of $2.6m relates to insurance claim for Revenue 92.5 92.4 0% damage incurred to a crane Other Income 2.6 0.0 • Associated costs recognised in direct expenses and in ass

  5. Slide 5: Balance Sheet

    Balance Sheet • Net Debt Down 31-Dec-18 30-Jun-18 mvmt • Net debt further reduced by $2.7m in period to $34.6m $m $m $m • Gearing (net debt/ equity) at 24% Cash 2.3 1.7 0.6 • New Long Term Finance Facilities effective Trade and Other Receivables 34.6 37.1 (2.5) 29th January 2019 Assets Held for Sale

  6. Slide 6: Cash Flow

    Cash Flow 31-Dec-18 31-Dec-17 mvmt • Cash from Operations is strong $m $m $m • Payment timing on projects favourable in current period • Annual insurance premiums prepaid in H1 accounting for Trading EBITDA 12.0 11.3 0.7 majority of working capital movement less: cash component of non-trading expens

  7. Slide 7: New Opportunities - Mining & Resources

    New Opportunities - Mining & Resources  Maintain solid contracts with major customers in the mining and resources sector  Extend / renew current maintenance contracts when due  Rate increases to reflect labour cost increases in the market place  Win new mining contracts in H2 on maintenance and

  8. Slide 8: Strong Pipeline - Wind Farms & Telco's

    Strong Pipeline - Wind Farms & Telco’s  Secured circa $30m of wind farm revenue for FY19 Crane Wind Farm Sales Pipeline (c. $390m) which includes: $160m Tendering  Completion of Acciona Mt Gellibrand in Victoria $140m  Project works completed at BMS, CatCon, Vestas  GE Coopers Gap project underw

  9. Slide 9: Growth Opportunities - Infrastructure

    Growth Opportunities - Infrastructure  Strong pipeline and opportunities over the next three years in the infrastructure and civil construction sector  Focused on specific projects including bridges and rail – where Boom has experience in complex lifts and engineering expertise  Target new revenu

  10. Slide 10: Industrial Relations Update

    Industrial Relations Update  NSW - Enterprise Agreements  Stand alone labour agreements at Port Kembla, Singleton and Newcastle depots  Focus on rebuilding our business and increasing our customer base in the Hunter region  Some mining customers in Hunter region are opting for multiple suppliers

  11. Slide 11: Outlook for FY19

    Outlook for FY19 Revenue Growth Operational Management Financial Performance  Revenue to increase as wind farm  Maintain the safety culture and  Revenue of circa $200m for FY19 construction projects commence disciplines – towards zero harm full-swing in H2  Trading EBITDA $25m - $27m for FY19 

  12. Slide 12: Investor enquiries

    Investor enquiries: Tony Spassopoulos Managing Director and Chief Executive Officer Tim Rogers Chief Financial Officer +61 3 9207 2500 info@boomlogistics.com.au www.boomlogistics.com.au 11

  13. Slide 13: Disclaimer

    Disclaimer This presentation contains certain forward-looking statements with respect to the financial condition, results of operations and business of Boom and certain plans and objectives of the management of Boom. Forward-looking statements can generally be identified by the use of words such as

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