Als Ltd. · ASX:ALQ
Als — Morgans Investor Conference 2014
13 slides from Als's conference presentation, Oct 8, 2014
Slide 1: Morgans Investor Conference Investor Presentation
For personal use only Morgans Investor Conference Investor Presentation October 2014 Greg Kilmister – CEO R IG H T S O L U T I O N S | R I G H T PA RT N E R
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER • This presentation has been prepared by ALS Limited, (ALS or the Company). It contains general information For personal use only about the Company’s activities as at the date of the presentation. It is information given in summary form and does not purport to be comp
Slide 3: Company Profile
Company Profile ALS Limited (ASX:ALQ) is an ASX 100 company that provides professional technical services to For personal use only the global Metals & Mining, Life Sciences, Oil & Gas, and Industrial sectors throughout the world. The Reward business is an Australian distributer of non-perishable hos
Slide 4: FY15 YTD – Revenue by Region by Division
FY15 YTD – Revenue by Region by Division For personal use only RIGHT SOLUTIONS | RIGHT PARTNER 7
Slide 5: Global Location Map
Global Location Map For personal use only RIGHT SOLUTIONS | RIGHT PARTNER 7
Slide 6: ALS journey over the last decade
ALS journey over the last decade For personal use only FY2005 FY2009 FY2014 revenue revenue revenue $448m $951m $1,503m Environmental Food/Pharma Consumer Products Geochemistry Metallurgy Inspection Engineering Oil & Gas Coal Asset Care Tribology Reward Distribution Chemical Campbell Brothers Servic
Slide 7: Foreign Currency Revenues
Foreign Currency Revenues For personal use only Asia ZAR Krona 2% 4% 3% Average Exchange Rate GBP 7% FY2014 FY2013 Change 3%3% 3% EURO 3% USD 0.9235 1.0323 -10.5% 6% 5% CAD 0.9776 1.0354 -5.6% AUD FY2014 revenue 47% 42% EURO 0.6880 0.8016 -14.2% 15% AUD $1.503 billion GBP 0.5796 0.6536 -11.3% CAD 14
Slide 8: CAPEX versus Amortization & Depreciation
CAPEX (excluding business acquisitions and land & building purchases) versus Amortization & Depreciation 25 For personal use only AUD$ million 20 Reservoir Group acquired-- 15 10 5 0 Q2 FY13 CAPEX Q1 FY14 CAPEX Q4 FY14 CAPEX Q1 FY13 CAPEX Q3 FY13 CAPEX Q4 FY13 CAPEX Q2 FY14 CAPEX Q3 FY14 CAPEX Q1 FY
Slide 9: Underlying EBIT Margin – peer comparison
Underlying EBIT Margin – peer comparison For personal use only 35% 31.5% 30% • Bottom of the minerals cycle • Coal industry depressed • Pricing pressure in environmental 25% • Oil & Gas operations underperforming 20% 15.8% 14.7% 15.0% 14.9% 15% 9.7% 10% 5% 0% ALS SGS B.V. Intertek Eurofins Core Labs
Slide 10: Exploration has not stopped!
Exploration has not stopped ! Reported significant drill intersections – October 2013 to March 2014 For personal use only 11% 5% 22% 13% 2% 47% Note: SNL data showing reported significant drill intersections by commodity and location for the six month period October 2013 to March 2014 RIGHT SOLUTION
Slide 11: Where are we in the cycle? A reflection of the market and market share
Where are we in the cycle? A reflection of the market and market share Geochemical Sample Flow (2 For personal use only week running average) ALS Global Mineral Sample Flow (growth trend) 100% 90% DELTA (last 2 weeks sample flow Versus same 2 weeks last year) 80% 70% 60% Traditional 50% Field Season
Slide 12: Oil & Gas Market Exposure
Oil & Gas Market Exposure For personal use only
Slide 13: How we see ourselves today – what has changed & why
How we see ourselves today – what has changed & why ALS Market Proposition pre 2012 For personal use only • Value Proposition – “we are not the cheapest but we provide the very best value” • Focus on • Quality • Service • Turnaround Time • Technology “White • Innovation – unique services Coat • Capa