Boom Logistics Ltd · ASX:BOL
Boom Logistics — Shareholder Meeting (November 2019)
24 slides from Boom Logistics's shareholder meeting presentation, Nov 22, 2019
Slide 1: Annual General Meeting 2019
For personal use only Annual General Meeting 2019 22 November 2019
Slide 2: Financial Performance
FINANCIAL PERFORMANCE For personal use only $’m FY16 FY17 FY18 FY19 Revenue 152.3 150.1 183.1 182.7 Strong Balance Sheet $6 million Net Debt on-market down to Trading EBITDA 11.2 10.6 21.1 20.1 share buy back $36.6m as at 30/6/19 Net Debt 49.2 45.1 37.3 36.6* *after $6m share buy back
Slide 3: Diversifying Revenue Streams
DIVERSIFYING REVENUE STREAMS $200m For personal use only $180m $10m $13m $160m $21m $22m $9m $140m $26m $20m $34m Wind, Energy & Utilities Telecommunications $120m $12m $25m $100m $25m $26m $80m Infrastructure Industrial Maintenance $60m $100m $87m $40m $81m $20m Labour hire $0m Mining & Resources F
Slide 4: Safety Focus
SAFETY FOCUS For personal use only TRIFR reduced to 8.6 in FY19, Increasing improvement focus on safety on last year interactions with customers and employees
Slide 5: People & Training
PEOPLE & TRAINING For personal use only Certificate IV frontline Commenced leadership apprenticeship training program to build introduced diversity and skills in Boom
Slide 6: For personal use only
For personal use only
Slide 7: Wind Farm Projects: Cattle Hill
For personal use only Scope of contract Impacted by reduced from major weather 48 to 28 delays at towers Cattle Hill wind farm
Slide 8: Sales Pipeline and Coopers Gap Wind Farm
For personal use only Coopers Gap wind farm on Sales pipeline schedule with remains solid extra scope of with $415m to works won tender over next 3 years
Slide 9: Mining Maintenance
For personal use only Rebuilding relationships Mining with mining maintenance clients in the continues to Hunter Valley be strong in Queensland
Slide 10: Western Australia Growth Opportunities
For personal use only Restructured Targeting management new growth and sales opportunities in team in WA the north-west
Slide 11: Infrastructure Growth in Melbourne
For personal use only Strong pipeline over next 3 years in Growth in infrastructure Melbourne with new 750t crane
Slide 12: Energy and 5G Network Projects; Travel Tower
For personal use only Travel Tower Growth business in energy restructured and 5G successfully network projects
Slide 13: Labour Hire Services
For personal use only Providing specialised readi to focus labour hire on external services revenue growth opportunities
Slide 14: Capital Management
CAPITAL MANAGEMENT Continue to be diligent on any For personal use only capital expenditure Upgrading Olympic Dam fleet with new rental assets Assets relocated to high demand areas and improve utilisations Growth using flexible rental model Deliver strong cash flows and maintain solid bala
Slide 15: FY20 Outlook
FY20 OUTLOOK For personal use only Clear strategy in place to achieve sustainable profitable growth On track to enter new markets in 2H Guidance for FY20 Revenue ~ $200m EBITDA¹ ~ $20m CAPEX ~ $5m Free cash flow ~ $13m Revenue and earnings to be stronger in the second half FY20 Sol
Slide 16: For personal use only
For personal use only Loyal and passionate employees, committed to safety and customers
Slide 17: Annual General Meeting 2019 Formal Business
For personal use only Annual General Formal Meeting 2019 Business 22 November 2019
Slide 18: Financial Statements and Reports
Item 1 For personal use only Financial Statements and Reports 17
Slide 19: Re-election of Mr. Maxwell J. Findlay
Item 2 For personal use only That Mr. Maxwell J. Findlay be re-elected as a Director of the Company Source: Computershare Number of Shares % of all issued Shares For 174,749,454 40.39% Against 10,373,361 2.40% Discretionary * 373,555 0.06% Abstain 2,348,383 0.54% * The number of the Chairman’s dis
Slide 20: Election of Ms. Melanie Allibon
Item 3 For personal use only The election of Ms. Melanie Allibon as a Director of the Company Source: Computershare Number of Shares % of all issued Shares For 174,626,742 40.36% Against 9,920,073 2.29% Discretionary * 373,555 0.09% Abstain 2,924,383 0.68% * The number of the Chairman’s discretion
Slide 21: Adoption of the Remuneration Report
Item 4 Adoption of the Remuneration Report For personal use only That the Remuneration Report for the financial year ended 30 June 2019 be adopted Source: Computershare Number of Shares % of all issued Shares For 172,792,138 39.94% Against 12,392,260 2.86% Discretionary * 368,821 0.09% Abstain 2,2
Slide 22: Grant of Rights and Options to the MD
Item 5 Grant of Rights and Options to the MD For personal use only That for the purposes of ASX Listing Rule 10.14 and for all other purposes, approval be given for the issue of the following Rights and Options to the Managing Director under the Company’s Executive Remuneration Plan on the terms s
Slide 23: Grant of Rights and Options to the Managing Director: Results
Item 5 For personal use only Grant of Rights and Options to the Managing Director Source: Computershare Number of Shares % of all issued Shares For 172,772,486 39.93% Against 12,551,978 2.90% Discretionary * 340,821 0.08% Abstain 2,179,468 0.50% * The number of the Chairman’s discretionary votes a
Slide 24: Disclaimer
Disclaimer For personal use only This presentation contains certain forward-looking statements with respect to the financial condition, results of operations and business of Boom and certain plans and objectives of the management of Boom. Forward-looking statements can generally be identified by the