Slide 1: Unaudited Interim Results for the six months ended 28 February 2017
UNAUDITED INTERIM RESULTS ended 28 February 2017 for the six months
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Slide 3: Disclaimer
Notes: enX GROUP LIMITED INTERIM RESULTS PRESENTATION for the six months ended 28 February 2017 1 Notes: DISCLAIMER Certain statements in this presentation regarding enX’s business operations may constitute “forward looking statements.” All statements other than statements of historical fact include
Slide 4: Agenda / Group Overview
Notes: AGENDA 1. Group overview 2. Financial review 3. Outlook 4. Q&A 3 Notes: GROUP OVERVIEW 1. Creating shareholder value 2. Our industrial businesses 3. Why we are different 4. Our strategy in action 5. Growth drivers 6. Management 7. eXtract 4 2 enX Group Limited
Slide 5: Creating Shareholder Value
Notes: CREATING SHAREHOLDER VALUE 200 ADJUSTED HEPS (cps)# 180 160 140 120 Incl. 4 100 months of 80 EIE and 60 EFML 40 20 0 2007 2009-12 2013 2014 2015^ 2016 2017 E* • Listed Austro • Post financial • Wild Rose • Establishment • Awarded • Acquisition • H1- Acquisition of crisis downturn introduced a
Slide 6: Why We Are Different / Our Strategy in Action
Notes: WHY WE ARE DIFFERENT EQUIPMENT FLEET PETROCHEMICALS #1 #2 #1 Materials Handling Equipment Full Service ExxonMobil Petrochemicals Distributor in SSA Fleet Management and Logistics distributor. Largest Independent Producer of Oil Lubricants Extension Long term Brand custodians of global busines
Slide 7: enX Equipment and enX Fleet Growth Drivers
Notes: enX EQUIPMENT GROWTH DRIVERS • Grow SA market share in line with Toyota aspirations • Increase UK market share: › Bolt on acquisitions of dealers to achieve national coverage › Long term equity partnership with Mitsubishi • Power: Grow contract manufacturing volumes and new power related reve
Slide 8: enX Petrochemicals Growth Drivers
Notes: enX PETROCHEMICALS GROWTH DRIVERS • Lubricants › Distribution and contract manufacturing volumes › Local production and new product distribution opportunities with ExxonMobil • Chemicals › Volume growth in polymer and speciality chemicals › New distributorships 11 Notes: EXPERIENCED, ENTREPRE
Slide 9: Strong Governance, A Wealth of Experience
Notes: STRONG GOVERNANCE, A WEALTH OF EXPERIENCE Non-Executive Directors Steven Paul Paul Tyrone Mpho Lerato Nopasika Louis Steve Tony Name Joffe Baloyi O’Flaherty Moodley Makwana Molefe Lila von Zeuner Booysen Phillips (Lead) Director Chairman Non-executive Independent Financial Industry Asset Gove
Slide 10: Roadmap to eXtract's Future
Notes: ROADMAP TO EXTRACT’S FUTURE › Deliberate choice to maximise value for enX shareholders › Unbundling of eXtract moulds enX into a pure-play industrial company › Unlocks the associated benefits of certainty and simplicity for enX stakeholders STRATEGIC RECAPITALISATION THARISA PPM EMPOWERED UNB
Slide 11: Highlights
Notes: HIGHLIGHTS Key performance indicators R’000 HY2017 HY2016 Revenue 2 399 978 517 726 Profit before taxation (PBT) 175 194 24 301 Adjusted earning before interest and taxation (EBIT) 306 749 32 817 Adjusted headline earnings 160 268 22 175 Adjusted headline earnings per share (cents) 103.3 43.6
Slide 12: Segmental Analysis
Notes: SEGMENTAL ANALYSIS EQUIPMENT FLEET PETROCHEMICALS REVENUE ADJ EBIT REVENUE ADJ EBIT REVENUE ADJ EBIT R1 161 R134 R555 R145 R696 R45 million million million million million million ADJ PBT LEASING ASSETS ADJ PBT LEASING ASSETS ADJ PBT TOTAL ASSETS R75 R2 497 R83 R2 618 R32 R649 million million
Slide 13: Condensed Statement of Financial Position
Notes: CONDENSED STATEMENT OF FINANCIAL POSITION R’000 HY2017 FY2016 Goodwill 480 930 151 336 Leasing assets 5 115 365 - Inventories 1 207 683 542 626 Trade and other receivables 1 127 531 400 537 Other assets 884 632 269 668 Bank and cash balances 376 026 60 150 Assets held for sale - eXtract 1 135
Slide 14: Liquidity and Funding
Notes: LIQUIDITY AND FUNDING Overview of interest-bearing borrowings Funding facilities (R’million) Facility size Utilised Unutilised General banking facility EIE and EFML 400 - 400 Other 150 35 115 Liquidity facility EIE and EFML 544 - 544 Term facility EIE and EFML 2 383 2 383 - Other 106 106 - To
Slide 15: Outlook
Notes: OUTLOOK 1. Segments 2. Investment proposition 25 Notes: OUTLOOK - SEGMENTS EQUIPMENT FLEET PETROCHEMICALS Forklifts • To perform in line with HY 2017 Lubricants • EIE to marginally improve on results • Higher contract manufacturing HY 2017 results • Increase in low-margin revenues volumes • U
Slide 16: enX Summary Investment Proposition
Notes: enX SUMMARY INVESTMENT PROPOSITION Returns in excess of WACC, with Three distinct industrial clusters with further opportunities to widen spread market leading market positions Experienced board and established management Strong partnerships with in place to drive delivery leading global bran
Slide 17: Notes:
Notes: Unaudited Interims results for the six months ended 28 February 2017 15
Slide 18: Notes:
Notes: 16 | enX Group Limited
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Slide 20: www.enxgroup.co.za
www.enxgroup.co.za 61 MAPLE STREET, POMONA KEMPTON PARK, 1619 PO BOX 1914, FLORIDA, 1710