Fleetwood Limited · ASX:FWD
Fleetwood — FY2016 Earnings Presentation
14 slides from Fleetwood's earnings presentation, Aug 30, 2016
Slide 1: FY 2016 Full Year Results
For personal use only Teleconference 30 August 2016 12:00pm AWST, 2:00pm AEST Dial-in 1800 558 698, Conference ID 380 628 FY 2016 Full Year Results
Slide 2: Group Structure
Group Structure For personal use only Accommodation Recreational Vehicles Division Division Manufactured Accommodation Parts and Accessories Affordable Housing Camec Education Flexiglass Commercial Bocar Village Operations Recreational Vehicle Manufacturing Searipple Village Coromal
Slide 3: Segment Performance
Segment Performance For personal use only EBIT as per Segment Adjustments ($m) Underlying Trading Segment Note ($m) EBIT ($m) 2016 2015 2016 2015 2016 2015 RV Manufacturing (8.1) (7.6) - - (8.1) (7.6) Parts & Accessories 0.9 0.6 - - 0.9 0.6 Manufactured Accommodation 3.6 (3.6) - - 3.6 (3.6) Village
Slide 4: Financial Performance
Financial Performance Group Revenue ($m)* Underlying EBIT ($m)* 343.8 For personal use only 312.2 263.4 287.2 11.1 2.4 0.7 2013 2014 2015 2016 2013 2014 2015 2016 -3.9 Net Cash (Debt) ($m) Capital Employed ($m) 270.4 269.9 246.0 183.2 3.1 2013 2014 2015 2016 2013 2014 2015 2016 (32.0) *Group Revenue
Slide 5: Recreational Vehicle Manufacturing
Recreational Vehicle Manufacturing For personal use only Operations • Large scale manufacturing facility in Perth • Coromal and Windsor caravan brands • Nation-wide dealer network 2016 Results • Carry over of prior year order volume impacted results • Management changes • Refreshed product range, sh
Slide 6: Recreational Vehicle Manufacturing
Recreational Vehicle Manufacturing For personal use only Pioneer Element Princeton Princeton 6
Slide 7: Parts and Accessories
Parts and Accessories For personal use only Operations • Camec - Australian and overseas manufacture of parts for RV industry • Flexiglass – Thai and Chinese manufacture for after market vehicle components • Branch operations throughout Australia and NZ 2016 Results • Overheads reduced Parts & Acces
Slide 8: Parts and Accessories
Parts and Accessories Flexiglass Sport Bocar Tray For personal use only Camec Retail Store, Qld Camec Warehouse, Dandenong South 8
Slide 9: Manufactured Accommodation
Manufactured Accommodation For personal use only Operations • Manufacturing facilities in Vic, WA, QLD and NSW • Education and Affordable Housing are key markets 2016 Results • Strong education volume in Vic and QLD • Strong volume from Gateway Lifestyle • WA operation restructured Manufactured Manu
Slide 10: Manufactured Accommodation
Manufactured Accommodation For personal use only Gateway Lifestyle Village, Queensland Korin Korin Child and Family Centre, City of Whittlesea, Victoria 10
Slide 11: Manufactured Accommodation
Manufactured Accommodation Homes under construction for National Lifestyle Villages, Western Australia For personal use only Norfolk Village State School, Ormeau, Queensland 11
Slide 12: Village Operations
Village Operations For personal use only Operations • Searipple Village in Karratha • Osprey Village in Port Hedland 2016 Results • Osprey village sold to WA State Government • Fleetwood retains Osprey management rights • Rio Tinto preferred supplier agreement at Searipple Village Operations Village
Slide 13: Village Operations
Village Operations For personal use only Searipple Village, Karratha Osprey Village, South Hedland, Western Australia 13
Slide 14: Summary
Summary For personal use only Accommodation Recreational Vehicles A Company in Transition … Division Division • Board changes • Refocussed on growth markets • Underperforming operations restructured • Debt free • Large franking balance 14