Civmec Limited · SGX:P9D
Civmec — Q3 FY2023 Earnings Presentation
30 slides from Civmec's earnings presentation, May 12, 2023
Slide 1: Investor Presentation FY23 Q3 Results
Investor Presentation FY23 Q3 Results For personal use only
Slide 2: Who We Are
Who We Are Civmec is a multidisciplinary heavy engineering and For personal use only construction company, providing a broad suite of high-quality, integrated services to the Energy, Resources, Infrastructure, Marine and Defence sectors. CONSTRUCTION MANUFACTURING MAINTENANCE AND » Site Earth Works
Slide 3: Operating Sectors
About Civmec Operating Sectors For personal use only ENERGY RESOURCES INFRASTRUCTURE, MARINE AND DEFENCE CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 3
Slide 4: Our Facilities
Our Facilities For personal use only Port Hedland NT Gladstone QLD WA SA NSW Henderson Newcastle WA CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 4
Slide 5: West Coast Facility
About Civmec West Coast Facility For personal use only Our west coast fabrication and shipbuilding facility in Henderson, Western Australia, is the HENDERSON largest heavy engineering facility of its kind in Australia. Western Australia OVERVIEW Situated just 30 kilometres south of Perth, the facili
Slide 6: East Coast Facility
About Civmec East Coast Facility For personal use only Our east coast facility is strategically located on NEWCASTLE 227,000m² of land, just 14 kilometres from the Port of Newcastle in New South Wales New South Wales OVERVIEW With direct access to the Hunter River, the site offers 535m of prime rive
Slide 7: Gladstone Facility
About Civmec Gladstone Facility For personal use only Set on around 3,000m2 of land, our Gladstone GLADSTONE facility is well positioned for our east coast shutdown and maintenance teams. The Port of Gladstone is the fifth largest Queensland multi-commodity port in Australia. OVERVIEW • Our Gladston
Slide 8: Port Hedland Facility
About Civmec Port Hedland Facility For personal use only The new Port Hedland facility is located on PORT HEDLAND 50,000 m2 of land in the Wedgefield industrial area of Port Hedland. Western Australia OVERVIEW • Construction is underway in Wedgefield for a 5,000m2 workshop and office development. •
Slide 9: Financial Highlights
Financial Highlights For personal use only CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 9
Slide 10: Financial Highlights
About Civmec Financial Highlights For personal use only 9M REVENUE A$606.6m 4.2% increase from 9M FY22 EBITDA A$80.4m 21.4% increase from 9M FY22 NPAT A$42.9m 23.4% increase from 9M FY22 NPAT MARGIN 7.8% for Q3 FY23 and 7.1% for 9M FY23 CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 10
Slide 11: Financial Highlights
About Civmec Financial Highlights For personal use only EARNINGS PER SHARE (A$ cents) 2.89c Q3 FY23 up from 2.42c Q3 FY22 NET ASSET VALUE PER SHARE (A$ cents) 80.05c at Q3 FY23 up from 73.92c at FY22 CASH GENERATED FROM OPERATIONS (A$) $67.7m 9M FY23 up from $13.9m 9M FY22 CIVMEC INVESTOR PRESENTATI
Slide 12: Strong Performance
About Civmec Strong Performance Q3 Q3 9M 9M For personal use only A$ million FY23 FY22 Change FY23 FY22 Change Revenue $187.8 $192.9 -2.7% $606.6 $582.3 4.2% EBITDA $27.4 $23.0 19.4% $80.4 $66.2 21.4% NPAT $14.6 $12.1 20.2% $42.9 $34.7 23.4% Net Profit Margin 7.8% 6.3% 1.5 pp 7.1% 6.0% 1.1 pp Cash G
Slide 13: Continued Strong Performance
About Civmec Continued Strong Performance For personal use only Revenue FY22 NPAT A$m A$m 800 FY22 50 FY21 600 40 FY21 FY19 30 400 FY20 20 FY20 200 10 FY19 0 0 FY19 9M FY20 9M FY21 9M FY22 9M FY23 9M FY19 9M FY20 9M FY21 9M FY22 9M FY23 9M A$m EBITDA (A$ cents) Dividend per share 100 3.0 FY22 FY22 8
Slide 14: Outlook for Growth
Outlook for Growth For personal use only CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 14
Slide 15: Engineering Success Future Growth Opportunities
About Civmec Engineering Success Future Growth Opportunities Civmec has a proven track record of performance and delivery. For personal use only We have developed world class facilities and plan to capitalise on these during forecast strong market conditions. Order book of A$1.2 billion. Tendering a
Slide 16: Defence Strategic Review A$8B Regional Investment
Defence Strategic Review A$8B Regional Investment Growth opportunities For personal use only Release of the Defence Strategic Review • On the 24 April the Albanese Government released the public version of the Defence Strategic Review, the Government’s response to the Review, and the National Defenc
Slide 17: Maintenance & Capital Works
About Civmec Maintenance & Capital Works Growth opportunities For personal use only Major Shutdowns, Pre-shutdowns & Maintenance • Civmec Rope access teams were engaged to provide an innovative access solution at Covalent Lithium plant, as well as across many sites providing significant access effic
Slide 18: Lithium Leading the Energy Transition
About Civmec Lithium Leading the Energy Transition Growth opportunities For personal use only New Energy Projects • Civmec continues to provide services to the energy transition and renewables market. • Three contracts have been secured on trains 3 and 4 of Albemarle’s Kemerton Lithium Refinery. The
Slide 19: Government Infrastructure
About Civmec Government Infrastructure Growth opportunities For personal use only Bridges • Civmec continues to provide services to the Government Infrastructure sector. • These projects include the delivery of bridge girders for several Transport for NSW projects including the Sydney Gateway projec
Slide 20: Our Projects Update
Our Projects Update For personal use only CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 20
Slide 21: Project Locations
A 18 Project Locations Port Hedland 9 WA 20 24 Gladstone 13 18 4 QLD 7 16 14 Gladstone 17 For personal use only 22 10 6 11 Henderson 21 3 15 WA 1 2 8 12 Newcastle 19 5 23 NSW ENERGY RESOURCES INFRASTRUCTURE, MARINE AND DEFENCE PROJECT CLIENT/OWNER LOCATION PROJECT CLIENT/OWNER LOCATION Subsea7 execu
Slide 22: Project Snapshot Energy: SCMS Project
About Civmec Project Snapshot Energy For personal use only SCMS Project CLIENT Baker Hughes LOCATION Henderson, WA DURATION 2022 - 2024 OVERVIEW Civmec will deliver sub-sea modules to be integrated into Chevron’s Jansz-Io Compression SCMS Project. The project consists of a separate retrievable manif
Slide 23: Project Snapshot Resources: Covalent Lithium Project
About Civmec Project Snapshot Resources For personal use only Covalent Lithium Project CLIENT Covalent Lithium Pty Ltd LOCATION Kwinana Western Australia DURATION mid 2022 - 2024 OVERVIEW The refinery will be located in Kwinana, Western Australia, near Civmec’s facilities in Henderson. The refinery
Slide 24: Project Snapshot Resources: Western Range
About Civmec Project Snapshot Resources For personal use only Western Range CLIENT Rio Tinto LOCATION Paraburdoo, Pilbara region Western Australia DURATION mid 2023 - mid 2025 OVERVIEW This iron ore project includes Greenfields and Brownfields scope with the construction of a new Run of Mine (ROM) p
Slide 25: Project Snapshot Infrastructure: Causeway Bridges
About Civmec Project Snapshot Infrastructure For personal use only Causeway Pedestrian & Cyclist Bridges CLIENT Main Roads WA (MRWA) LOCATION Perth, WA DURATION April 2022 - Late 2024 OVERVIEW The project comprises two cable-stayed bridges and approach embankments and connects Victoria Park foreshor
Slide 26: Environmental, Social & Governance Activities
Engineering Success Environmental, Social & Governance Activities For personal use only CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 26
Slide 27: Recent ESG Activities
About Civmec Recent ESG Activities For personal use only • Continued electrification of equipment with replacement of old diesel-powered lighting towers with solar lighting towers at Civmec construction sites. • The Group’s employees participated in Clean Up Australia Day for the fifth year to tidy
Slide 28: Recent ESG Activities
About Civmec Recent ESG Activities For personal use only • Civmec Team members had the privilege of attending a truly inspiring presentation by Tony Shaw, an Aboriginal leader. Tony, the founder of Indigenous Services Australia, was joined by his colleague Carola Verschuren, to share their vision of
Slide 29: Engineering Success
Engineering Success For personal use only We will maintain our efforts to pursue long-term growth and sustainability, targeting repeat-order opportunities and constantly striving to strengthen our balance sheet, increase revenue and profits. CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 29
Slide 30: Disclaimer
About Civmec Disclaimer For personal use only 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 info