Slide 1: Half-year 2008 presentation
For personal use only half-year 2008 presentation 16 February 2009
Slide 2: Overview - another period of growth
overview - another period of growth For personal use only Record half-yearly result, with results for the period to December 2008 reflecting high business- sector activity and further customer recognition and support of Austin’s capabilities and product lines Benefits of expanded and improved produc
Slide 3: Financial highlights and results for 1H 2008-09
financial highlights and results for 1H 2008-09 For personal use only HY2008 HY2007 Increase Strong increases in revenue in the period flowing from a high $m $m % level of activity in the mining and resources business sector Revenue 94.59 43.21 119% Full six months contribution from Westech, adding
Slide 4: Balance sheet development
balance sheet development For personal use only Continued strong, positive cash 31 Dec 2008 30 June 2008 Increase balances as a result of solid $m $m % underlying operational cash flow Working capital 14.99 12.14 23% $2m of capex in the period, almost exclusively on productivity/capacity- Property,
Slide 5: Operational review - Australian operations
operational review - australian operations For personal use only Brisbane: Productive capacity heavily-focussed on the manufacture of mining products; consistent productivity gains achieved on the manufacture of dump truck bodies and very good productive performance on bucket manufacture The busiest
Slide 6: Operational review - Australian operations
operational review - australian operations For personal use only Mackay: Extremely high levels of activity in the Mackay area, resulting in acute shortages of skilled labour New expanded workshop proven to be invaluable in meeting increased customer demand for dump truck bodies Dump truck body and m
Slide 7: Operational review - international operations
operational review - international operations For personal use only Westech, USA: Very high level of activity throughout the period, despite the economic difficulties in the North American economy One of the busiest-ever periods for the operation, which had to deal with operational issues similar to
Slide 8: Strategic international expansion
strategic international expansion For personal use only Expansion into the South American market for specialised mining products still actively being pursued and remains a key focus Significant market opportunities exist, even with reduced levels of activity within the major mining houses Identifica
Slide 9: Market developments
market developments For personal use only Significant and well-publicised adjustment by the major miners in response to dramatically-changed market conditions Some deferment of orders being experienced as customers adjust to uncertain and changing conditions Some orders have been cancelled by custom
Slide 10: Outlook
outlook For personal use only Challenging economic environment to remain in the near-term, effective marketing to secure workload a key feature of activity during this period Some relief to be gained from increased labour availability and reduced costs of steel Strategic positioning of the company i
Slide 11: For personal use only
For personal use only World’s largest non- OEM designer and manufacturer of mining dump truck bodies For more information please visit www.austineng.com.au