Service Stream Limited · ASX:SSM
Service Stream — Shareholder Meeting (October 2010)
14 slides from Service Stream's shareholder meeting presentation, Oct 28, 2010
Slide 1: AGM Presentation 2010
For personal use only AGM Presentation 2010
Slide 2: Agenda
2 Agenda For personal use only 1. Company overview 2. Results overview 3. Updated strategy & outlook
Slide 3: Group overview
3 Group overview For personal use only Service Stream is a field services organisation, delivering technical services and small projects predominantly to the telecommunications and utilities sector. It is a niche provider of value added services & applications to government, utilities and public cor
Slide 4: Group overview
4 Group overview For personal use only Business Segment CUSTOMER CARE SPECIALIST FIELD SERVICES FY10 Revenue $79.9m $79.8m $446.8m TCI CUSTOMER CARE COMMUNICATIONS AMRS (incl Infrastructure Ser vices) FY10 Segment Revenue Contributions $272.2m $101.5m $73.1m Business Offers a complete end to end Pro
Slide 5: Results Overview
For personal use only Results Overview 5
Slide 6: Underlying EBITDA in line with expectations; excellent operating cash flow performance
Underlying EBITDA in line with expectations; excellent 6 operating cash flow performance For personal use only • $23.2m increase in metering & solar revenue $520.8M • $40.2m decline in infrastructure project Revenue down from $558.2m revenues • Strong growth in AMRS $27.0M • Project volumes declined
Slide 7: Underlying performance in key businesses steady
7 Underlying performance in key businesses steady For personal use only • New contracts secured and existing contracts renewed • Telstra – Access and Associated Services (AAS) / Payphones • Western Power – meter reading and installation services • Citipower / Powercor – meter reading services • Orig
Slide 8: Improving health and safety performance
8 Improving health and safety performance For personal use only Lost Time Injury Frequency Rate 13.0 • Service Stream is committed to 12.0 providing a workplace that is LTI’s per million hours worked 11.0 10.0 safe and without risk to health 9.0 for all personnel 8.0 7.0 6.0 • Our focus on health an
Slide 9: Strategy & Outlook
For personal use only Strategy & Outlook 9
Slide 10: Continued focus on providing flexible, low cost services
Continued focus on providing flexible, low cost services 10 For personal use only • Renewed focus on core activities • Maintain strong focus on our flexible and low cost field services model • Continue to deliver projects and programs to the telecommunications, utilities and government sectors • Win
Slide 11: Specific industry sector focus
Specific industry sector focus 11 For personal use only • Service Stream operates in a number of growth markets • Environmental services - Solar electricity and hot water • National Broadband Network • Utility Services - Smart meter installations & meter reading • Mobile infrastructure – Site acquis
Slide 12: Creating partnerships
Creating partnerships 12 For personal use only • Syntheo: Our NBN Joint Venture with Bovis Lend Lease
Slide 13: In conclusion
In conclusion 13 For personal use only • Service Stream is now structured to capitalise on market opportunities, both directly and with partners • The markets in which we operate are presenting a substantial range of opportunities • Management maintains an optimistic outlook on the presumption that
Slide 14: Important Notice – Disclaimer
14 For personal use only Important Notice – Disclaimer This presentation has been prepared by the management of Service Stream Limited (the ‘Company’) for the benefit of brokers, analysts and investors and not as specific advice to any particular party or person. Neither the Company, nor any of its