Wilson Bayly Holmes-ovcon Limited · JSE:WBO
Wilson Bayly Holmes-ovcon — Avior Corporate Summit (June 2023)
13 slides from Wilson Bayly Holmes-ovcon's conference presentation, June 2023
Slide 1: WBHO Market Update June 2023
AVIOR CORPORATE SUMMIT WBHO MARKET UPDATE JUNE 2023
Slide 2: Agenda
• Markets • Major awards post December • April 2023 Order Books • Key deliverables • Australia close out
Slide 3: Building
BUILDING • Building outlook to FY25 is strong in RSA • Growth has been spurred by large projects • Old clients returning to the market • New clients particularly in data centres and logistics warehousing • Cape Education and Health framework promising • Development feasibilities are challenged with
Slide 4: Civils and Projects
CIVILS • Renewables promising – key stone manufacture • Sliding and marine opportunities • Ongoing activity on mines • Water and waste water - many opportunities, but slow to market with bidding challenges • Potential start up of Total’s LNG project – Afungi, major catalyst PROJECTS • Renewable ener
Slide 5: Roads and Earthworks
ROADS AND EARTHWORKS • With recent SANRAL awards the outlook to FY 26 is strong in RSA • West Africa and Mozambique positive for next 18 months • Ongoing work on mines in RSA but lower commodity pricing affecting horizon • Many renewable energy opportunities (wind and solar farms) particularly priva
Slide 6: United Kingdom – Byrne Group
UNITED KINGDOM BYRNE GROUP – Byrne Brothers, Ellmers, O’Keefe’s • Order book on the recovery • Byrne Brothers opportunities on HS2, Commercial market in London, 2nd phase at NL Heat and Power • Letter of Intent at Fleet Street (£20 million) • Ellmers nearing capacity, selective in procurement of wor
Slide 7: United Kingdom – Russell WBHO
UNITED KINGDOM RUSSELL WBHO • Order book at low levels but significantly improved from a year ago • Immediate attention is to convert projects held under LOI or PCSA Agreements into signed projects - Rylands (PCSA) £90 million - Mere (PCSA) £30 million - Gateshead (PCSA) £43 million - Old Trafford (
Slide 8: Consolidated Order Book April 2023
CONSOLIDATED ORDER BOOK April 2023 ORDER BOOK BY SEGMENT 16% 41% Expected 31 Dec Expected to Expected to beyond 2022 30 April 2023 June 2023 June 2024 June 2024 43% Building and Civil 11 743 13 643 1 974 9 506 2 163 Engineering Roads and Earthworks 9 683 14 604 1 272 6 008 7 325 Dec 2022 United King
Slide 9: Major Awards Post December 2022
MAJOR AWARDS POST DECEMBER 2022 WBHO Share R’million Building & Civils • Vantage JNB 21 530 • SARB Tower 605 • Shoprite Distribution Centre (Gqeberha) 748 • Middelburg Wind Tower Precast Factory 288 • ARM 130 MW Solar Farm 1 312 • 24 Awards post December 2022 Roads & Earthworks • Bhisho to N6 1 171
Slide 10: Major Awards Post December 2022
MAJOR AWARDS POST DECEMBER 2022 WBHO Share R’million United Kingdom • Porchester Court 407 • Care UK 230 • N6 Fit out 226 • Shinfield Studios 150 • 6 Awards post December 2022
Slide 11: Key Delivery
KEY DELIVERY • Manage growth opportunities • Safety, delivery and quality standards need to be maintained in growing market • Specific targeted projects and contracts in Africa • Staff retention and opportunities for staff to grow • Recruiting quality staff • Plant investment • Guarantee facility in
Slide 12: Australia
AUSTRALIA CURRENT POSITION • All obligations under CBA facility have been fulfilled - Unreturned guarantees to the value of A$10 million have been cash collaterised - Resolution of unreturned guarantees slower than what was anticipated • All conditions precedent to the Deed of Company Arrangement (D
Slide 13: Thank You
AVIOR CORPORATE SUMMIT THANK YOU
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