Phoslock Environmental Technologies Limited · ASX:PET
Phoslock Environmental Technologies — Investor Presentation (August 2021)
15 slides from Phoslock Environmental Technologies's investor presentation, Aug 31, 2021
Slide 1: PET 2021 Half Year Unaudited Results and Business Update
31 AUGUST 2021 PET 2021 Half Year Unaudited Results and Business Update World leaders in water remediation Driving sustainable growth
Slide 2: Disclaimer
Disclaimer Statements contained in this presentation, particularly those regarding possible or assumed future performance, estimated company earnings, potential growth of the company, industry growth or other trend projections are or may be forward looking statements. Such statements relate to futur
Slide 3: 2021 Half Year Results: Key developments
Execution of strategic Ongoing project and trial 2021 HALF YEAR RESULTS growth plan – additional work across all key regions resources/investment in – several trials progressing geographic and product to contracted projects expansion Continuing to address Key Continued implementation of improved gov
Slide 4: 2021 Half Year Results
2021 Half Year Results 2021 HALF YEAR RESULTS Key impacts on – Unaudited Half Year financials 6 months to 6 months to Legal, accounting, COVID-related Key financial results 30 June 2021 30 June 2020 consulting and disruptions and Revenues $1.3 million $2.1 million restructuring costs delays impactin
Slide 5: China issues & reset
China issues & reset 2021 HALF YEAR RESULTS What Happened Our Response Irregularities identified PET shares go into Thorough independent Comprehensive review of during audit of FY2020 voluntary suspension – investigation of all financial reporting first half accounts – September 2020 matters procedu
Slide 6: 1HFY21 Project update
1HFY21 Project update 2021 HALF YEAR RESULTS Australia / China Europe South North New Zealand America America Contract secured for City 15 projects expected to Permits issued for Brazil remediation Remediation work of Auckland remediation complete in the current projects in Denmark projects continue
Slide 7: Growth Strategy
Growth 2021 HALF YEAR RESULTS Strategy PET is building a platform of sustainable and People, Research & Manufacturing profitable growth by Performance & Development & Supply Chain expanding market access across multiple Culture geographies and products. In support of that strategy, the company has u
Slide 8: People, Performance & Culture review
People, Performance & Culture review 2021 HALF YEAR RESULTS We earn our customer’s confidence by combining our Capability Culture Networks Structure expertise to solve their problems Customers can expect tailored water management solutions based on science with excellence in application and project
Slide 9: Focused R&D program
Focused R&D program R&D Rapid Review ▪ Scored and ranked more than 30 R&D projects 2021 HALF YEAR RESULTS Priority new growth ▪ Prioritised 5 within the portfolio to address key customer drivers ▪ Hiring for new Group Executive Product Solutions role opportunities ▪ Initiated new research collaborat
Slide 10: Manufacturing review
Manufacturing review 2021 HALF YEAR RESULTS A review is underway to determine preferred options for locating a second manufacturing plant. The review is considering: • Site and plant establishment costs • Raw material access – key cost driver • Customer transportation considerations • Potential gove
Slide 11: 2021 Half Year Results: regional project status
Canada Working through complex 2021 HALF YEAR RESULTS regulatory process Europe Projects ready to commence in Quebec, Ontario and Alberta – City of Rotterdam contract – exploring R&D permit as interim most significant project to be step undertaken in Europe Ongoing discussions with Several projects
Slide 12: 2021 project status summary
2021 project status summary 2021 HALF YEAR RESULTS Contracted sales1 Heads of agreement1 High probability1 60% of forecast tonnes 11% of forecast tonnes 29% of forecast tonnes ANZ China Europe South America United States 1 As at August 2021 12
Slide 13: Outlook FY21 – Key priorities for second half
Outlook FY21 – 2021 HALF YEAR RESULTS Key priorities for second half Continue to secure Conclude and implement additional sales review recommendations opportunities across target re People & Culture; R&D; geographies Manufacturing/supply The full year operating result chain will be dependant on curr
Slide 14: Strong Funding Position
Strong Funding 2021 HALF YEAR RESULTS Position Cash / cash equivalents Abnormal costs (as at 31 June 2021): associated with China $26 million investigations and audit reducing in FY21 but ongoing as matters Lower working capital continue to be and increased margins addressed and pursued due to inven
Slide 15: ASX Code – PET contact details
ASX Code – PET Level 16 T +61 3 91100002 1 Collins St W www.phoslock.com.au Melbourne , 3000 Vic , AUSTRALIA Lachlan McKinnon – CEO Greg Slade - Investor Relations E lmckinnon@phoslock.com.au E ir@phoslock.com.au
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