Slide 1: Investor Presentation Q3 FY2024
Investor Presentation Q3 FY2024 ASX:CVL SGX:P9D For personal use only
Slide 2: Who we are
Who we are Civmec is an Australian, multidisciplinary heavy engineering and construction company, providing high-quality, integrated services to the energy, resources, infrastructure, marine and defence sectors. MANUFACTURING • Heavy engineering • Off site modular construction For personal use only
Slide 3: Strategic locations – fabrication, maintenance & capital works
Strategic locations – fabrication, maintenance & capital works A Henderson, WA (head office) • Largest heavy engineering facility in Australia • 200,000m2 land with extensive wharf access • Over 100,000m2 of useable undercover area • Throughput capacity of 80,000 tonnes steel/annum For personal use
Slide 4: Q3 FY2024 snapshot
Q3 FY2024 snapshot REVENUE 9M FY24 REVENUE Q3 FY24 • Continued growth in A$750.7m 23.7% increase from A$258.3m 37.6% increase from revenue and earnings. 9M FY23 Q3 FY23 EBITDA 9M FY24 EBITDA Q3 FY24 • Increase in maintenance A$91.2m For personal use only work – significant pillar 13.5% increase from
Slide 5: Continued growth resilient margins
Continued growth resilient margins 120 800 14 For personal use only 100 A$ Millions A$ Millions 12 A$ Cents 600 80 10 Q4 Q4 8 Q4 400 60 9M 9M 6 9M 40 4 200 20 2 0 0 0 FY20 FY21 FY22 FY23 9M FY24 FY20 FY21 FY22 FY23 9M FY24 FY20 FY21 FY22 FY23 9M FY24 Revenue EBITDA EARNINGS PER SHARE Engineering Suc
Slide 6: Re-domicile update
Re-domicile update • On 23 October 2023, Civmec announced its intended change of domicile of the head company of the group. • Civmec continues to progress required approvals in Australia and Singapore. For personal use only NT QLD Key benefits WA • Align the holding company’s incorporation with SA t
Slide 7: Sector performance & outlook - Energy
Sector performance & outlook-Energy A$49.4 Billion of opportunities 2024 -2028* A$ Billions 14 12.9B 12.8B 12 For personal use only 10 9.6B 8.2B 8 5.9B 6 ENERGY 4 • Successfully completed Loadouts #2 and #3 for the Scarborough 2 Modules. 0 • After a history of successful projects with Chevron, Civme
Slide 8: Sector performance & outlook - Resources
Sector performance & outlook-Resources A$75.8 Billion of opportunities 2024 -2028* A$ Billions For personal use only 25 19.8B 20.1B 20 15.3B 15 11.8B RESOURCES 10 8.8B • Order book bolstered with the SMP award for Pilbara Minerals P1000 project. 5 • Multiple maintenance contracts awarded by existing
Slide 9: Sector performance & outlook - Infrastructure
Sector performance & outlook-Infrastructure A$180.7 Billion of opportunities 2024 -2028* A$ Billions 45 42.3B For personal use only 41.2B 40 35.5B 34.7B 35 30 27B 25 INFRASTRUCTURE 20 15 • Milestone reached at Causeway Pedestrian and Cyclist Bridges project with first pylon installed and completion
Slide 10: Shipbuilding & Defence outlook
Shipbuilding & Defence outlook SHIPBUILDING & DEFENCE A$25.67 Billion of opportunities 2024 -2034* • The Australian Government has committed to spending up to A$25.67B on maritime defence capabilities planned to be built in Western Australia between 2024-2034*. For personal use only • Henderson nava
Slide 11: Maintenance pillar of growth
Maintenance pillar of growth MAINTENANCE • Civmec’s focus on maintenance, as a significant pillar of growth, has successfully delivered an increase in maintenance work on both the west and east coast. For personal use only • Further maintenance growth is expected following the recently completed con
Slide 12: Key project locations
Key project locations Construction, Maintenance and Capital Works 22 24 NT 32 26 30 23 13 24 17 6 7 12 19 28 37 33 For personal use only 14 38 QLD 25 Key Civmec projects completed or in 27 WA delivery during Q3 FY24. SA 20 Energy 40 10 Resources 41 39 NSW 36 35 44 21 18 Infrastructure, Marine and De
Slide 13: Future outlook
Future outlook Strong market presence: Civmec operates in diverse sectors including A$305.8 Billion of opportunities energy, resources, infrastructure, marine and defence, and ongoing 2024 -2028* maintenance contracts, with an addressable pipeline of work of tens of billions A$ Millions of dollars.
Slide 14: ESG activities
ESG activities • Civmec continues to support local community sports and events such as the Spearwood Lions Futsal Club. • Down Under Live a premier emigration event held in the UK and Ireland provided great opportunities for us to showcase our country and career For personal use only opportunities a
Slide 15: Investment highlights
Investment highlights OPERATIONAL EXCELLENCE GROWTH OPPORTUNITIES FINANCIAL PERFORMANCE EXPERIENCED EXECUTIVE STRONG PROJECT CONSISTENT RETURNS TEAM PIPELINE Strong and growing dividend All with shareholding in the Positive outlook for Australian returns with improving payout For personal use only c
Slide 16: Disclaimer
Disclaimer This presentation has been prepared by the management of Civmec Limited (the Company) for the benefit of brokers, analysts and investors and not as any specific advice to any particular party or person. The information is based on publicly available information, internally developed data
Slide 17: Appendix: 9M FY24 key project list
Appendix 9M FY24 key project list Energy Resources Infrastructure, Marine and Defence CLIENT/OWNER PROJECT LOCATION 23 Pilbara Minerals Pilgangoora - shutdown and maintenance services agreement Marble Bar, WA Fortescue Metals 24 Maintenance and capital upgrade works Pilbara, WA 1 OneSubsea Julimar D