Slide 1: FY2018 Full Year Results Review
For personal use only FY2018 FULL YEAR RESULTS REVIEW
Slide 2: Group Results Overview
GROUP For personal use only RESULTS OVERVIEW BSA | Maintain have been providing services to the JLL – Telstra Commercial portfolio across the east coast of Australia since October 2017. The Service Agreement includes delivery across all technical hard services including preventative maintenance to a
Slide 3: Full Year Results
Full Year Results • Revenue up 14% with further improvement in recurring revenue quality and overall mix. • Increase in proportion of recurring revenue businesses now Summary ($000) FY2018 FY2017 representing 61% of Group revenue. For personal use only Revenue 562,301 492,317 • Substantial growth in
Slide 4: Growth Highlights
Growth Highlights For personal use only Strong Improving Underpinning Organic Growth Order Book Innovation Revenue Quality Business Recurring revenue now Connect margins nbn – volumes BSA | Connect and Commercial and 61% of full year continuing to increase. substantially BSA | Ma
Slide 5: The BSA Transformation Journey
The BSA Transformation Journey Business Unit Recurring Reported For personal use only Business Unit Revenue Mix 100% $m EBITDA 44% 40% 36% 30% % Margin 90% EBITDA Proportion of total revenue 80% 54% Recurring 61% Recurring 70% Revenue Revenue 60% 9% 25 7% 16% 9% 50% 26% 6% 27% 8% 17% 20 40% 5% 30% 4
Slide 6: Cash Flow and Funding
Cash Flow and Funding Summary ($000) FY2018 FY2017 • Full year cashflow impacted by: For personal use only • Material cash and debt movements relating to: Net cash inflow - operations 4,663 (778) • nRAH - $4.6m largely relating to defects liability Net cash at end of period 6,966 13,505 period and s
Slide 7: Health & Safety Performance
Health & Safety Performance For personal use only BSA Group-Monthly Total Recordable Injury Frequency Rate - Trend Improving 16.00 14.00 BSA Group- 12.00 HSE Lagging 10.00 Statistics 8.00 Group TRIFR-Target 6.00 Linear (Group TRIFR-Actual) 4.00 2.00 0.00 Jul-16 Sep-16 Nov-16 Jan-17 Mar-17 May-17 Jul
Slide 8: Business Review
For personal use only BUSINESS REVIEW Northconnex tunnel construction 90 metres below the surface. BSA | Fire will install over 18 kilometres of sprinkler deluge once excavation is completed.
Slide 9: Business Units – Full Year Review
Business Units – Full Year Review BSA | HVAC Build (including nRAH) • Revenue $167.9m (FY2017: $178.4m). For personal use only • EBITDA loss of $10.0m (FY2017: loss of $1.2m). BSA | Build • Client delays and adverse cost movements on specific BSA | HVAC Build projects led to EBITDA loss in HVAC Buil
Slide 10: Ongoing Strategic Growth Activities
Ongoing Strategic Growth Activities For personal use only Focus continues on key initiatives to deliver future targeted margin growth Grow Infrastructure Continue Growth in Diversify Business Footprint Margin improvement Think/Advisory • Expand smart metering • Expand infrastructure • Innovative • S
Slide 11: Case Study: BSA | Fire Total Business Update
Case Study: BSA | Fire Total Business - Update • Fire revenue has increased by 29% from FY2017 to Full Year Revenue For personal use only FY2018,with BSA | Fire Build increasing by 35% 70,000 and BSA | Fire Maintain increasing by 12%. 60,000 • BSA | Fire has secured a record order book with landmark
Slide 12: BSA | HVAC Build Update
• Recent years have seen reduced revenue associated with BSA | HVAC Build projects as a proportion of BSA | HVAC Build Group revenue. Full Year Revenue • BSA | HVAC Build represented 30% of Group revenue in FY2018. For personal use only 44% of Group 260,000 Revenue • BSA | HVAC Build experienced los
Slide 13: Outlook
For personal use only OUTLOOK
Slide 14: Outlook
Outlook For personal use only Enhanced Operations Market Conditions Order Book • Proactive focus on • Market outlook steady or • BSA | Connect and optimising successful not improving. BSA | Maintain - recurring just underperforming revenues $273m. • New market entry focussed contracts. on growth and
Slide 15: Important Notice
IMPORTANT NOTICE Important Notice For personal use only This presentation has been prepared by BSA Limited (the “Company”) and provides general background information about the Company’s activities. That information is current at the date of this presentation. The information is a summary and does n