Saunders International Limited · ASX:SND
Saunders International — Investor Presentation (August 2022)
24 slides from Saunders International's investor presentation, Aug 25, 2022
Slide 1: FY22 Investor Presentation
FY22 Investor Presentation Mark Benson Rudy Sheriff Managing Director & Chief Financial Officer Chief Executive Officer 25th August 2022 1
Slide 2: Acknowledgement of Country
ACKNOWLEDGEMENT OF COUNTRY Saunders respectfully acknowledges the traditional owners and custodians of the country and their connection to land, sea and community. We pay our respects to their cultures and to Elders past, present and emerging. 2
Slide 3: Performance Highlights
Performance Highlights Strong financial results despite the challenging operating landscape. Secured $165 million contract for the design and construction for U.S $129.95m $9.38m $36.75m defence fuel storage facility in Darwin. REVENUE EBIT CASH UP 28% UP 16% UP 54% Increased surety facility to $30
Slide 4: Financial Highlights
Financial FY22 strong financial performance achieved through successful operational delivery and Highlights execution of strategic initiatives. GROUP REVENUE (A$M) GROUP CASH (A$M) Up 28.4% Revenue Change Up 54.3% Cash Change 140 40 $36.75m $129.95m 120 35 $101.24m 30 100 25 $23.82m 80 $66.46m 20 60
Slide 5: Sustained Growth
Sustained The Group is well positioned for further growth with the momentum of the FY22 forecast set to continue into FY23. Growth The platform for success is underpinned by solid fundamentals; record orderbook, record pipeline and the strength of our balance sheet. ORDER BOOK (A$M) ORDER BOOK BREAK
Slide 6: Managing Economic Uncertainties
Managing Saunders continues to manage economic uncertainties while Economic leveraging market opportunities. Uncertainties COVID-19 Saunders has experienced impacts on productivity due to COVID-19. Mitigation strategies include: • Over-staffing of projects to cater for absenteeism • Work from home,
Slide 7: Strategic Outlook
Strategic BOOSTING Outlook AUSTRALIA’S DIESEL STORAGE • Forecast $400+ million in construction of remaining projects - FY22-FY24 • Government’s “Fixing Country Bridges” program – forecast circa $300 million yet to be awarded INFRASTRUCTURE • Increased requirement for complex precast components as pa
Slide 8: Project Caymus Darwin
Project Caymus Darwin • Project 31% complete • Recruitment of all personnel on track with current onsite workforce circa 120 • Bulk earth works and civil ring beams for 11 tank complete • Minimal disruption from the first wet season • All 11 tanks under construction • All major subcontracts for the
Slide 9: Corporate Snapshot
Corporate Snapshot CAPITAL STRUCTURE SUBSTANTIAL HOLDERS ASX Code SND NAOS Asset Management 23.94% Ordinary shares on issue 105,895,210 Mr. Desmond Bryant 22.96% Share price as of 30 June 2022 1.020 cents Anacacia Pty Ltd 11.68% Market capitalization 30 June 2022 $108.1m Mr Timothy Burnett 11.04% BO
Slide 10: Our Company
Our We apply the experience of our capable team and innovative history to deliver excellence in Company everything we do Saunders International Limited is a multi-disciplined engineering and construction company providing design, fabrication, construction, shutdown, maintenance and industrial automa
Slide 11: Our Sectors
OIL & GAS CONSTRUCTION ENGINEERING DEFENCE & DESIGN MAINTENANCE NEW ENERGY OUR FABRICATION OUR ASSET SECTORS SERVICES SERVICES WATER AUTOMATION MINING & CONTROL STRUCTURAL, & MINERALS MECHANICAL & PIPING (SMP) POWER CIVIL INFRASTRUCTURE INFRASTRUCTURE 11
Slide 12: Sustainability
Sustainability 4.3 million man hours WITHOUT A LOST TIME INJURY (LTI) Saunders’ approach to Safety, Health, Environment and Quality (SHEQ) focuses on creating a workplace culture that promotes safety, integrity, innovation, teamwork and leadership. Saunders’ success in delivering consistent project
Slide 13: Engineering Construction
Engineering Construction • Front End Engineering Design (FEED) • Structural Mechanical & Piping design • 3D drafting of large fuel terminals • Control system design and implementation • Network design and implementation • HV and LV electrical design and implementation • EPC & EPCM services • New tan
Slide 14: Civil Infrastructure
Civil Infrastructure • Road and Rail bridge construction • Marine structures • Precast fabrication • Concrete foundation systems • Manufacturing of complex Super-T and planks for infrastructure projects • Excavation and installation of support structures • Road works 14
Slide 15: Asset Services & Maintenance
Asset Services & Maintenance • Repair and maintenance of bulk liquid and chemical storage tanks • Asset management services • Industrial boiler works • Road and rail bridge maintenance • Plant and facility shutdowns and decommissioning • Facilities maintenance • Overhauls and upgrades • Structural M
Slide 16: Automation & Control
Automation & Control • Industrial automation • Control system upgrades • Panel manufacturing and testing • Machine learning and statistical/physical process modelling • Asset and inventory management • Instrumentation selection, installation and calibration • Plant commissioning • Process optimisati
Slide 17: Our Commitment
Our Artists’ Statement: Commitment “When I paint, I think about how our ancestors worked and looked after the land. This painting represents our Indigenous heritage and an Australian company, Saunders International, coming together to listen, share our stories and work together to protect and mainta
Slide 18: Appendices
Appendices O U R VA LU E S C O R P O R AT E S N A P S H O T B O A R D O F D I R E C TO R S & K E Y M A N A G E M E N T BALANCE SHEET CASHFLOW 18
Slide 19: Our Values
Our ZERO HARM Values We are committed to the practice of Zero Harm behaviour at work and at home ONE TEAM We are better together when we collaborate with each other and our customers EXCELLENCE We commit to delivering excellence in everything we do I N N O V AT I O N We continually challenge ourselv
Slide 20: Board of Directors
Board of Directors RUDY SHERIFF GREG FLETCHER TIMOTHY BURNETT MARK BENSON N I C K YAT E S CHIEF FINANCIAL NON-EXECUTIVE CHAIRMAN & MANAGING DIRECTOR & NON-EXECUTIVE OFFICER & DIRECTOR NON-EXECUTIVE CHIEF EXECUTIVE OFFICER DIRECTOR C O M PA N Y S E C R E TA R Y DIRECTOR 20 20
Slide 21: Income Statement
Income A$’M 2022 2021 Statement Revenue 129,955 101,242 Other Income 1,272 704 Materials and third-party costs charged to projects (87,552) (58,838) Employee benefits expense (27,709) (28,100) Depreciation expense (2,246) (1,931) Motor vehicle expense (365) (317) Occupancy and operating lease expens
Slide 22: Balance Sheet
Balance A$’M 2022 2021 Sheet Current assets Cash and Cash equivalents 36,746 23,816 Trade and other receivables 28,946 10,258 Contract Assets 9,340 2,884 Other current Assets 381 314 Total current assets 75,413 37,272 Non-current assets Property, plant and equipment 12,086 10,473 Other non-current a
Slide 23: Cashflow
Cashflow A$’M 2022 2021 Cash flows from Operating activities 19,763 15,161 Cashflows from Investing activities (3,279) (1,751) Cashflows from Financing activities (3,649) (1,008) Net Increase in cash and cash equivalents 12,835 12,828 Opening cash on hand Effects of exchange rate fluctuations on cas
Slide 24: SND Disclaimer
MARK BENSON SND Disclaimer Managing Director & Chief Executive Officer (02) 9792 2444 L2, 1F Homebush Bay Drive, Rhodes NSW 2138 www.saundersint.com Important information for investors mark.benson@saundersint.com This presentation has been prepared by Saunders International Limited (“Saunders”) as a
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