Big River Industries Ltd. · ASX:BRI
Big River Industries — Investor Day (October 2024)
21 slides from Big River Industries's investor day presentation, Oct 10, 2024
Slide 1: Investor Day Brisbane sites
Investor Day Brisbane sites 10th October 2024
Slide 2: Contents
CONTENTS 03 Business Overview & strategy John Lorente (CEO) 09 Construction Division Ray Ferretti (EGM Construction) 15 Panels Division Scott Barclay (EGM Panels) 21 Summary John Lorente (CEO)
Slide 3: Executive Team
03 Executive Team Experienced and capable executive team appointed to deliver the next phase of growth 3 1 2 2 1 – Appointed July 2023 2 – Appointed January 2024 3 – Appointed May 2024
Slide 4: Big River Overview
04 Big River Overview Solid market position Strong History of Growth • Rich history, experienced, aligned and knowledgeable team with • Successfully listed on ASX since 2017. long average tenure. • Revenue +10.7% and EBITDA +13.5% CAGR over past 5 years. • Flexible structure delivering decisions clo
Slide 5: Growth History
2022-23 05 Growth History Epping Timber BTC distribution in 2021 Melbourne United Building Additional pre-fab Our story over the last 100+ years 2020 Products capability Pine Design BTC distribution & 2019 Introduced truss & capability on South Midland Timber, prefabricated wall Coast NSW $415M Midc
Slide 6: Business Overview
06 Business Overview Supply chain 18% of revenue Asset mix 26 8 4 4 diversity Manufactured by BRI 18% of revenue Direct Import by BRI Plywood / 64% of revenue Sites across major Manufacturing Sites Frame & Truss prefabrication panel Sourced from local supply partners population plants manufacturing
Slide 7: Our Strategic Compass
07 Our Strategic Compass How we will become the leading Trade supplier:
Slide 8: Big River Strategic initiatives
08 Big River Strategic initiatives Delivering Operational Safety & People Growth One Big River Synergies Efficiencies • Training and personal • Deliver growth above • Deliver further scale • Harmonise IT platforms • Re-branding under one development initiatives addressable market by benefits across
Slide 9: Construction
09 Construction Ray Ferretti – EGM Construction
Slide 10: Construction Business Overview
10 Construction Business Overview Australia’s leading diversified Formwork & Building Products distribution to trade businesses. Division Building Trade Centres Formwork & Commercial Construction: 17 Sites Building Products / Commercial and Formwork Residential c350 staff Focus General building Reno
Slide 11: Our Construction Business Today
11 Our Construction Business Today Existing Sites Include: • 4 x Commercial sites • 13 x Building Trade Centres (incorporating 4x Frame and Truss manufacturing facilities) Epping Timber (Beaufort) Commercial Trade Centre (Frame & Truss) Bellevue (small F&T facility) Dry Creek (Frame & Truss) Breakwa
Slide 12: Market Positioning
12 Market Positioning Total addressable market (excluding retail distribution) is circa $15bn. 700+ privately owned operators Ongoing market consolidation clearly visible / Large players consolidating and growing share Big boxes generalists – key segment retail and aiming to get “Whole of House” “Lo
Slide 13: Slide 13
Slide 14: Panels Division
14 Panels Division Scott Barclay – EGM Panels
Slide 15: Panels Business Overview
15 Panels Business Overview Industry leaders in decorative timber panels to the trade for architectural and fit-out applications Panels Distribution – Panels: Division Panels Distribution - Panels Manufacturing – 9 Sites Australia New Zealand Australia & New Zealand c210 staff Revenue $124m (FY24) D
Slide 16: Our Panels business today
16 Our Panels business today Big River Panels - Manufacturing Timberwood Panels Plytech Panels Distributors
Slide 17: Channel Strategy
17 Channel Strategy Strong distribution channel in Australia and New Zealand to support growth in revenue from our niche decorative panel manufacturing * Not Big River Group owned sites.
Slide 18: Market Positioning
18 Market Positioning We aim to be the most agile supplier of high-value panel products & solutions in Australian and NZ, serving customers of all sizes. Our focus is on adopting an always ready approach. $2.5B Panel Market: Big River 6% share (Veneer Panels – 35%) 50+ private traders Fragmented cus
Slide 19: Slide 19
Slide 20: Summary
20 Summary Big River Continued Growth Journey • Experienced team to deliver for trade customers. • Leading position in key sub-segments of the building products market with differentiated offers. • Positioned for ongoing growth in large attractive markets. • Track record of prudent financial managem
Slide 21: Thank you
Thank you “/\y BIG RWER