Saunders International Limited · ASX:SND
Saunders International — Shareholder Meeting (October 2017)
18 slides from Saunders International's shareholder meeting presentation, Oct 31, 2017
Slide 1: 2017 Annual General Meeting Presentation
2017 Annual General Meeting Presentation 31 October 2017 1
Slide 2: Board of Directors & Key Management
| BOARD OF DIRECTORS & KEY MANAGEMENT 2
Slide 3: Chairman's Address
| CHAIRMAN’S ADDRESS 3 I would like to take this opportunity to thank you as fellow shareholders for your continued support of Saunders during this past year. The 12 months since the 2016 AGM has seen some significant developments and initiatives which I expect to deliver lasting positive outcomes f
Slide 4: Chairman's Address (continued)
CHAIRMAN’S ADDRESS (continued) Mark Benson, who was appointed CEO and Managing Director two years ago, has been instrumental in developing the foundations and strategic objectives for future growth and the management team to achieve this. When considering these objectives and the Civilbuild acquisit
Slide 5: Managing Director's Address
| MANAGIN G DIRECTOR ’ S ADDRESS Construction Tank Maintenance Bridge Construction & Maintenance Structural Mechanical Piping Wharf Repairs Tank & Civil Construction Fabrication Concrete Repairs Precast Manufacture 4 I would like to join Tim and extend a warm welcome to the Saunders International sh
Slide 6: Saunders Sustainability
Saunders Sustainability Creating and sustaining positive engagement with customers, employees and the community is fundamental to our ability to deliver positive results for our shareholders. 5 A continued focus on safety leadership, culture and behaviour underlies the Company’s commitment to contin
Slide 7: Operating Results
Operating Results Revenue - $M NPBT - $M NPAT - $M FY FY FY 45.8 6.3 43.9 41.8 4.4 3.7 2.8 1.3 1.4 15 16 FY17 15 16 FY17 15 16 FY17 6 This financial year has seen both Revenue and EBIT below budget and the continued squeeze on margins due to competition. During these challenging times, the company h
Slide 8: Our Business
Our Revenue International Order Book As at 30 June 2017 Business Distribution Footprint $46M Our strong order book MAINTENANCE INFRASTRUCTURE Up 88% is evidence that our ACTIVITIES ACTIVITIES diversification strategy 45% 55% Live Tender is on track through acquisition and Up 62% organic growth. Pipe
Slide 9: FY17 Highlights
FY17 Safety TRIFR36 reduced by 19% in FY17 Maintained Zero LTIFR Highlights Acquisition of CivilBuild Business - Performing to expectations Leveraged new CivilBuild business with first combined project with Saunders E&C group Solid order book for FY18 Recovery in Engineering Construction group Recor
Slide 10: Strategic Objectives
Strategic “Building on our foundations to deliver for our shareholders” Objectives Execution • Continue to explore partnering opportunities with our civil business Engineering Construction • Vertical integration EPC / SMP contracting • Partnering / JV to expand our capabilities to address terminal p
Slide 11: Positioned for Growth
Positioned for Order Book Order Book Live Tenders Growth Pipeline $216M $46M $46M $110M $133M $149M $38M ENGINEERING & CONSTRUCTION $24.5M ASSET SERVICES DEC JUNE DEC JUNE CIVILBUILD $22M 15 16 16 17 $298M Preferred Status $209M $170M $167M $60M DEC 15 JUNE 16 DEC 16 JUNE 17 DEC JUNE DEC JUNE 15 16
Slide 12: Placement and Rights Issue: Sources and Uses of Funding
Placement Rights issue Replenish the cash used for the acquisition of, and provision for working capital in, the recently acquired Civilbuild Business Approx. $6 million Sources and uses of funding Provide working capital for business growth Approx. $1 million Fund capital expenditure to upgrade exi
Slide 13: Engineering Construction
Engineering Projects Construction Bulk Storage • Terminals Site C Port Botany • Sami Bitumen • Mobil Yarraville Revenue • Viva Clyde Contribution Structural Mechanical & Piping • Mobil Yarraville SMP FY17 E&I Package Engineering Procurement & Construction (EPC) • Mobil – Port Moresby 47% • Civil wor
Slide 14: Asset Services
Asset Projects Services • Mobil Altona • Multiple tank projects at Viva Clyde refinery conversion Revenue • Recurring project wins at Caltex Kurnell Contribution FY17 • Regular stream of projects from non-core customers being awarded • Broome Port Outer Berth Fender System - 42% Protective coatings
Slide 15: Civil Build
Civil Projects Build • Tamworth Swamp Creek - Single span precast bridge • BGC Mt Pleasant Bengalla Road - Revenue Single span Super T bridge Contribution • Glencore Road and rail bridge FY17 * 3 Months only • Macquarie Rivulet - Construction of 150m bridge • St Albans Hawkesbury Council - Construct
Slide 16: Our Outlook
Our • Order book $46M, up 21% on H1 Outlook • Live tenders $216M, up 45% on H1 • Pipeline $298M, up 43% on H1 • Strategy is delivering • Momentum building in pipeline • Strong infrastructure spending • Business well positioned to take advantage of growing pipeline • Continued expansion of maintenanc
Slide 17: Contact
DISCLAIMER MARK BENSON Managing Director & Chief Executive Officer (02) 9792 2444 mark.benson@saundersint.com 271 Edgar Street, Condell Park NSW 2200 16
Slide 18: SI Disclaimer
SI This presentation has been prepared by Saunders International Limited (“Saunders”) as a summary of the Company and its operations and for general information purposes only. Disclaimer This presentation is not and should not be considered as an offer or invitation to subscribe for or purchase any
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