Downer Edi Limited · ASX:DOW
Downer Edi — Shareholder Meeting (October 2004)
5 slides from Downer Edi's shareholder meeting presentation, Oct 19, 2004
Slide 1: Annual General Meeting - Managing Director's Report
DOWNER EDI LIMITED ANNUAL GENERAL MEETING Tuesday, 19 October 2004 MANAGING DIRECTOR’S REPORT MR S$ J GILLIES tis my pleasure to present this year’s Managing Director's Report. In doing so, | will take my Review in the Concise Annual Report as read and will highlight a few key points and comment on
Slide 2: Results for the year ended 30 June 2004
For the year ended 30 June 2004: « Revenue increased by 18% and profit by 22% on the previous year, the latter being ahead of the guidance provided last year of not less than 15%; « We achieved operating cash flow of $182 million, reflecting strong cash flow levels driven by ail divisions, and a com
Slide 3: Forward order book and recently awarded contracts
Downer EDI's overall forward order book or secured sales at year end, was $6.4 billion up 16% on the same time last year. Recently awarded contracts have increased secured sales to $6.8 billion, a record level. A number of contracts awarded since 30 June provide for design, operate or maintenance ac
Slide 4: Outlook
Outlook Slide: Total shareholder return TOTAL SHAREHOLDER RETURN® ANNUAL RETURN % 1JAN 1999 Ye Ye TO -30 JUNE 2004 30 JUN 2002 30 JUN 2003 18 OCT 2004 *‘ ASSUMES DIVIDENDS REINVESTED AT GASH RATE The outlook for Downer EDI is positive for 2005. We expect a strong year and have targeted increases in
Slide 5: Growth opportunities and market outlook
These opportunities are now before us and include opportunities for investment in power line assets, water treatment and, of course, the New South Wales PPP for rollingstock and related infrastructure assets. The economic outlook for Australia and New Zealand, our two major markets, is generally pos