Perenti Limited · ASX:PRN
Perenti — Euroz Hartleys Rottnest Conference 2026
12 slides from Perenti's conference presentation, Mar 18, 2026
Slide 1: Euroz Hartleys Rottnest Conference March 2026
For personal use only Euroz Hartleys Rottnest Conference March 2026
Slide 2: Important notice and disclaimer
Important notice and disclaimer This presentation and these materials (together the “Presentation”) have been prepared by Perenti Limited ABN You should consult your own advisors as to legal, tax, financial and related matters and conduct your own 95 009 211 474 (ASX:PRN) (“Perenti”) as a summary of
Slide 3: Our diversified portfolio
Our diversified portfolio At Perenti, our purpose is to create enduring value and certainty. We empower our diverse and talented people, care for our communities and collaborate with our clients to deliver smarter solutions for a better future. Ultimately our focus on our people, communities and cli
Slide 4: 1H26 | Consistent delivery and earnings growth
1H26 | Consistent delivery and earnings growth REVENUE EBITDA EBIT(A) $1.73B $317M $160M For personal use only • EBITDA for 1H26 saw a slight decrease following the conclusion of the Botswana underground project at the end of FY25. In line with 1H25 2% on 1H25 3% on 1H25 • EBIT(A) increased to a
Slide 5: Balanced approach to capital allocation
Balanced approach to capital allocation • Disciplined capital allocation is generating long-term returns for shareholders, through the application of clear hurdles rates, formal tender reviews and benchmarking. • Multiple years of this approach to capital allocation has built the foundation for the
Slide 6: Consistent cash generation enabling returns to shareholders
Consistent cash generation enabling returns to shareholders Perenti’s scale is delivering reliable free cash flow1. This enables reliable returns to shareholders, funding of growth opportunities and further reduction in gross debt. • Since leverage was reduced below 1.0x at the end of FY23, signific
Slide 7: Evolving Portfolio | Strategy delivering scale and diversification
Evolving Portfolio | Strategy delivering scale and diversification FY19 FY26 For personal use only Revenue: $1,638M Revenue: $3,500M1 • Strategic execution has transformed the Perenti portfolio since the combination of Ausdrill and Service Barminco in 2019. • All divisions have grown while simultane
Slide 8: Outlook | Work in hand and Pipeline
Outlook | Work in hand and Pipeline • Work in hand decreased in line with revenue during 1H26 but has been partially replaced by the Dalgaranga contract, expansion at existing projects and several smaller contract wins, particularly in Drilling Services. For personal use only • The pipeline of oppor
Slide 9: Our refreshed strategic approach
Our refreshed strategic approach Our Objective Through effective management of a portfolio of businesses that support our clients, we safely generate consistent and strong cash flows through For personal use only economic cycles to create superior shareholder returns and support long-term growth. Wh
Slide 10: Strategic initiatives driving further shareholder value
Strategic initiatives driving further shareholder value Long-term Financial Targets For personal use only Rev Growth EPS Growth ROIC ROE FCF / Revenue Strategic Initiatives (5 – 10%) > Rev Growth > WACC > 10% > 5% Balance Sheet Strength Reduced interest expense will lift profitability and cash flow,
Slide 11: FY26 Guidance | Another year of strong free cash flow
FY26 Guidance | Another year of strong free cash flow • Scale of the portfolio has allowed for an evolution of the revenue mix, building a more resilient business. For personal use only • As noted during the 1H26 results, uplift in the AUD:USD exchange rate reduced the top end of revenue and EBIT(A)
Slide 12: About Perenti
For personal use only Perenti is an ASX listed, diversified mining services group with interests in contract mining, drilling services and mining and technology services. Headquartered in Perth and with offices and operations across four continents, we are focused on creating enduring value and cert