Sgh Limited · ASX:SGH
Sgh — Seven Group Holdings — Macquarie WA Forum 2013
21 slides from Sgh's conference presentation, Oct 16, 2013
Slide 1: MD & CEO Presentation
For personal use only 16 October 2013 Company Announcements Office ASX Limited Level 6 20 Bridge Street SYDNEY NSW 2000 By electronic lodgement Total Pages: 21 MD & CEO Presentation Please find attached a slide presentation to be made by Mr Don Voelte AO, MD & CEO, Seven Group Holdings Limited, at t
Slide 2: Group Overview
For personal use only Group Overview October 2013
Slide 3: Disclaimer
Disclaimer Basis of preparation of slides Included in this presentation is data prepared by the management of Seven Group Holdings Limited (SGH) and other associated entities and For personal use only investments. This data is included for information purposes only and has not been subject to the
Slide 4: Today's Agenda
Today’s Agenda For personal use only Overview Industrial Services Media Investments Financials SGH Presentation October 2013 Slide 3
Slide 5: Group structure
For personal use only Industrial Services Media Investments WA ~35% + $276m RCPS 100% Listed ~$759m NSW/ACT Portfolio Australia EMP 100% 100% Property China Portfolio 45% 100% Notes: 1. Group structure as at 30 June 2013 100% 2. Investment values as at 30 June 2013 3. Seven West Media investment inc
Slide 6: Group Highlights
Group Highlights Strong first half performance by WesTrac Australia delivered record results For personal use only Record underlying results Second half was challenging Results positively impacted Net gain after tax of $89.7m from significant items, predominantly relating to the reversal of pr
Slide 7: Segment Analysis
Segment Analysis For personal use only SGH is predominantly an Industrial Services Trading Revenue 3.3% 0.1% business with approximately 80% of Group EBIT contributed by WesTrac, AllightSykes and 10.2% WesTrac Australia Coates Hire WesTrac China AllightSykes SGH has made significant investments
Slide 8: WesTrac Australia Highlights
WesTrac Australia Highlights For personal use only High demand for Australian resources drove WesTrac’s H1 revenue growth Calendar 2012 saw unprecedented levels of new equipment sales H2 revenue was impacted by the softening in the coal sector in NSW and the deferral of a number of large minin
Slide 9: WesTrac Australia Full Year Result
WesTrac Australia Full Year Result 20% product market growth Year ended Year ended Change For personal use only $m 30 June 2013 30 June 2012 % Driven by acquisition of EMP (Bucyrus) and record H1 deliveries WesTrac Australia H2 sales softened - Product sales 2,678.7 2,240.0 20% - Product suppo
Slide 10: WesTrac China
WesTrac China For personal use only Product sales lower vs prior year Downturn in mining market and soft construction market Achieved market share growth in the hydraulic excavator business in a competitive second half WesTrac China business has been through significant restructuring, reposi
Slide 11: WesTrac China – (USD) Full Year Result
WesTrac China – (USD) Full Year Result For personal use only $122.2m in operating cash flow Year ended Year ended Change USD $m 30 June 2013 30 June 2012 % delivered during the year Inventory levels were managed down WesTrac China for current market conditions - Product sales 394.2 555.1 (29)% -
Slide 12: Coates Hire Group Full Year Result
Coates Hire Group Full Year Result Revenue of $1,241m down (4%) Year ended Year ended Change For personal use only Coates Hire $m 30 June 2013 30 June 2012 % against prior year, driven by soft H2 Revenue and other income 1,241.0 1,293.0 (4)% EBITDA decreased (5%) on prior Gross profit 824.2 868.
Slide 13: Seven West Media Highlights
Seven West Media 30 June 2013 Highlights Outstanding television ratings achieved – 40.4% share Revenue Jun 13 Jun 12 Change For personal use only Television 1,267.8 1,262.4 0.4% Ongoing management focus on cost, quality and Newspapers 303.1 348.4 (13.0)% revenue initiatives Magazines 256.2 287.2
Slide 14: SGH Investment Portfolio
SGH Investment Portfolio For personal use only Investment portfolio delivered growth in value while also releasing capital. Objective to realise value creation through selective investment opportunities where strategic rationale exists to enhance shareholder return. Focus on investments that a
Slide 15: SGH Property Holdings
SGH Property Holdings Our aim is to maximise the value and return Kings Square project: For personal use only for our existing property assets: In conjunction with Leighton for first 4 sites Perth Entertainment Centre / Kings Square Successful sale of first 3 sites to Dexus Seven’s Tuart Hil
Slide 16: Today's Agenda
Today’s Agenda For personal use only Overview Industrial Services Media Investments Financials SGH Presentation October 2013 Slide 15
Slide 17: Consolidated Profit and Loss
Consolidated Profit and Loss Underlying Performance For personal use only Year ended Year ended Change Please refer to the $m 30 June 2013 30 June 2012 % Annual Report for Revenue 4,751.6 4,467.4 6% detailed statutory Other income 78.8 75.6 4% presentation Share of results from equity accounted in
Slide 18: Summary of Significant Items
Summary of Significant Items For personal use only Year ended 30 Year ended 30 $m June 2013 June 2012 Gain on sale - Consolidated Media 50.1 - Gain on sale / FV of deferred consideration - Vividwireless 11.5 129.8 Gain on sale - Property (KS1, KS2, KS3) 29.4 - Gain on sale of other investments & fai
Slide 19: Consolidated Balance Sheet
Consolidated Balance Sheet Total Group For personal use only As at As at Change $m 30 June 2013 30 June 2012 % Trade and other receivables 721.6 920.5 (22)% Inventories 1,050.5 1,384.6 (24)% Intangible assets 765.2 749.1 2% Investments 2,209.1 2,203.7 0% Fixed assets 267.0 293.3 (9)% Other assets 16
Slide 20: Consolidated Debt Maturity Profile
Consolidated Debt Maturity Profile Total Group as at 30 June 2013 (refer disclaimer) For personal use only Debt maturity profile - excluding derivatives China Australia Cash At 30 June 2013 the Group 600 had $1.25bn of available 542 512 undrawn borrowing facilities 500 and $542m in cash. AUD m 400
Slide 21: For personal use only
For personal use only SGH Presentation October 2013 Slide 20