Mcmillan Shakespeare Limited · ASX:MMS
Mcmillan Shakespeare — H1 FY2008 Earnings Presentation
13 slides from Mcmillan Shakespeare's earnings presentation, Feb 19, 2008
Slide 1: Results Presentation and Analyst Briefing
For personal use only McMillan Shakespeare Limited Results Presentation and Analyst Briefing February 2008 Anthony Podesta Chief Executive Officer
Slide 2: Financial performance
Financial performance 31 December 2007 (Half Year Results) For personal use only % increase 1HY FY08 1HY FY07 over half yr 1HY FY07 $ Revenue 31,533,000 26,287,000 20% EBITDA 11,813,000 9,362,000 26% EBIT 11,091,000 8,722,000 27% NPAT 7,948,000 6,085,000 31% Basic earnings per share (cents) 11.81 9.
Slide 3: Key highlights for the period to 31 December 2007
Key highlights for the period to 31 December 2007 (Half Year Results) For personal use only NPAT of $7.95m. Revenue growth of 20% and NPAT growth of 31% compared to 1H FY07. Net operating cash flow less CAPEX of $9.4m. Cash balance of $13.2m and no debt. Earnings per share of 11.81cps. Interim divid
Slide 4: Revenue
Key highlights for the period to 31 December 2007 (Half Year Results) For personal use only 35.0 20% 1H FY08 30.0 1H FY07 25.0 $m illion 20.0 15.0 10.0 5.0 0.0 Revenue
Slide 5: EBITDA
Key highlights for the period to 31 December 2007 (Half Year Results) For personal use only 14.0 12.0 26% 1H FY08 10.0 1H FY07 $million 8.0 6.0 4.0 2.0 0.0 EBITDA
Slide 6: NPAT
Key highlights for the period to 31 December 2007 (Half Year Results) For personal use only 31% 1H FY08 8.0 1H FY07 6.0 $million 4.0 2.0 0.0 NPAT
Slide 7: EPS and dividends
Key highlights for the period to 31 December 2007 (Half Year Results) For personal use only EPS and dividends 15.0 10.0 cents 5.0 0.0 Basic EPS Cash EPS Dividend per share 1H FY06 8.1 8.8 2.5 1H FY07 9.1 9.5 4.5 1H FY08 11.8 14.0 7.5 Cash EPS - net cash flow from operating activities less capital ex
Slide 8: Operational highlights
Key highlights for the period to 31 December 2007 (Half Year Results) For personal use only Successful launch of the expanded RemServ novated lease business. Continued improvement in conversion rates for ancillary motor vehicle products and services. Completion of the transition to VISA. Approval to
Slide 9: Operational highlights (continued)
Key highlights for the period to 31 December 2007 (Half Year Results) For personal use only Securing of “Brand name” private sector contracts. Further development of our financial services strategy, e-voucher program and project Connect. Development of an innovative vending solution to enhance our F
Slide 10: Business expectations for the period to June 2008
Business expectations for the period to 30 June 2008 For personal use only Continued improvement in revenue and profits. Continue to aggressively pursue sales opportunities in all markets especially with larger private sector employers. Continued leveraging of intellectual property, systems, process
Slide 11: Business expectations for the period to June 2008
Business expectations for the period to 30 June 2008 For personal use only NSW Government MOU on provision of care services will expire on 4 March 2008 (no contract executed) due to the Federal Government’s policy to increase the child care rebate to 50%. MSL will leverage intellectual property deve
Slide 12: Foundations for future growth
Foundations for future growth For personal use only We have: resources allocated towards opportunities and value add projects. no debt and a strong balance sheet. strong free cash flow. very favourable employment market conditions (low unemployment and critical need for retention and attraction of l
Slide 13: Foundations for future growth
Foundations for future growth For personal use only Attractive business model e.g. recurrent income streams, leading market position, low capital requirements, attractive and growing market and established infrastructure platforms and processes to support growth. Strong value proposition remains, ir
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