Om Holdings Ltd. · ASX:OMH
Om — Investor Presentation (November 2019)
12 slides from Om's investor presentation, Nov 28, 2019
Slide 1: ASX cover letter: OM Holdings presentation
OM HOLDINGS LIMITED (ARBN 081 028 337) No. of Pages Lodged: 12 28 November 2019 ASX Market Announcements ASX Limited 4th Floor 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam OM HOLDINGS LIMITED (“OMH”) PRESENTATION Please find attached a copy of the OMH management presentation which will be used fo
Slide 2: OM Holdings Limited Management Presentation
1 OM HOLDINGS LIMITED Australia • China • Japan • Malaysia • Singapore • South Africa November 2019 • Management Presentation • ASX:OMH
Slide 3: Disclaimer
2 DISCLAIMER This presentation has been prepared and issued by OM Holdings Limited ARBN 081 028 337 (“OMH”). This presentation contains summary information about OMH. The information in this presentation does not purport to be complete or to provide all information that an investor should consider w
Slide 4: Company Snapshot
3 COMPANY SNAPSHOT Quarterly rebalance of S&P/ASX 300 index excluded OMH from September 2019 Issued Shares 738.6 million shares Share Price Performance Share Share Price A$ 0.50 $2.00 Metrics (as at 25th 52 weeks Low / High A$ 0.40 / A$ 1.45 $1.50 Nov 19) $1.00 Market Capitalization A$ 373.0 million
Slide 5: Operating Divisions
4 OPERATING DIVISIONS Exploration & Mining Smelting & Sintering Marketing & Trading Bootu Creek - Australia Qinzhou - China (100%) Singapore/China (100%) (100%) Mn alloy: 80kpta Global sales and procurement Manganese ore: 0.8 Mtpa Sinter ore: 300ktpa Manganese ore, Ferrosilicon, Silicomanganese, Fer
Slide 6: Bootu Creek Mining Operations Update
5 BOOTU CREEK MINING OPERATIONS UPDATE Focus on restarting mining while exploring expansion projects Current Issues: In Progress: • Mining operations pending approval from • Processing plants in operation, to yield additional ~100kt of relevant authorities. saleable lower grade ore product for 4Q201
Slide 7: Sarawak Smelting Operations Update
6 SARAWAK SMELTING OPERATIONS UPDATE Focus on optimizing production, and diversifying customers by producing higher value products. • Phase II-A expansion projects nearing completion (sinter plant, laboratory, storage yards) • Sinter plant expected to be fully completed in Q4 2019 • Phase II-B expan
Slide 8: Capex Projects Delivered in 2019
7 CAPEX PROJECTS DELIVERED IN 2019 Phase II-A Enhancement Projects for cost savings and operational enhancement Sinter Plant and Storage Yard Storage Yard Sinter Plant
Slide 9: Depressed Price Environment
8 DEPRESSED PRICE ENVIRONMENT Market in decline due to elevated supply amidst stalling global steel production $2,500 $10 Silicomanganese Ferrosilicon US$ per metric tonne US$ per dmtu Mn Ore 44% (Right Axis) $8 $2,000 $6 $1,500 $4 $1,000 $2 $500 $0
Slide 10: Achieved A$109M of EBITDA in 1H2019
9 ACHIEVED A$109M OF EBITDA IN 1H2019 Sustained positive performance in spite of market conditions, committed to lowering debt Achieved A$109m EBITDA with even contribution Debt/Equity of ~A$24m repaid in from mining, smelting, and strategic investments. 1.01x Q3 2019 down from 1.14x Ability to serv
Slide 11: Financial Highlights
10 FINANCIAL HIGHLIGHTS A$’million 2015 2016 2017 2018 1H 2019 Revenue 338.5 414.2 988.2 1,510.4 534.6 Gross Profit 6.1 60.1 209.6 353.3 106.2 GP Margin (%) 1.8 14.5 21.2 23.4 19.9 Adjusted EBITDA* (37.6) 35.0 186.1 339.7 109.0 Profit Before Tax (131.6) (8.1) 72.6 236.9 58.4 Profit Att. To Owners (1
Slide 12: Outlook and Actions
11 OUTLOOK AND ACTIONS Well positioned with expansion plans, prepared for industry recovery BURSA 14 FeSi MALAYSIA Si Silicon SiMetal Lowest Quartile Dual Listing on Higher Value Add Expanding Capacity Producer Bursa Malaysia (~Capex A$30 mil) (~Capex A$100-150 mil) • Of top 10 non-Chinese • Pursuin