Saunders International Limited · ASX:SND
Saunders International — Investor Presentation (November 2023)
12 slides from Saunders International's investor presentation, Nov 8, 2023
Slide 1: Saunders Investor Presentation: Acquisition of Piping Solutions
SAUNDERS INVESTOR PRESENTATION ACQUISITION OF PIPING SOLUTIONS Wednesday, 8 November 2023 Today, Saunders International Limited (ASX: SND) (“Saunders” or “the Group”) announced it has agreed to acquire Piping Solutions. The attached presentation provides additional information to investors about Pip
Slide 2: Acquisition of Piping Solutions
Investor Presentation Acquisition of Piping Solutions Specialists in the fabrication, installation and maintenance of steel pipelines, structures, pressure vessels, and refuelling systems. 8 November 2023
Slide 3: ASX Announcement Transaction highlights
ASX Announcement Transaction highlights • Continued execution of Saunders' strategic expansion into the Defence sector and addition of complementary capabilities across complex steel piping fabrication, installation and maintenance. This Saunders International Limited (ASX: SND) ("Saunders" will pro
Slide 4: Key transaction terms
Key transaction terms • Saunders has agreed to acquire the Business and Operating Assets of Piping Solutions, cash-free and debt-free, for a purchase price of up to $20.0 million. • The purchase price is based on an initial instalment of $13.0 million and a second instalment of up to $7.0 million, s
Slide 5: About Piping Solutions
About Piping Solutions • Piping Solutions specialises in the fabrication, installation and maintenance of steel pipelines and piping systems, steel structures, pressure vessels and refuelling systems at the high end of quality and complexity. Industries include Defence, Aviation, Energy and Infrastr
Slide 6: Alignment to Saunders
Alignment to Saunders C O N ST RU CT ION O IL & G A S EN G INEERING & D ESIGN M A IN T EN A NC E D EF EN CE N EW EN ER GY OUR F A B R IC A T ION OUR A SSET SER VIC ES W A T ER SECTORS SERVICES A U T O M A T ION M IN IN G & C O N T R OL ST R U C T U RA L, & M IN ER A L S M EC H A N ICA L & PIPIN G (
Slide 7: Benefits for Saunders
Benefits for Saunders • Saunders anticipates the acquisition will be EPS accretive in FY2024. Piping Solutions generated FY2023 Revenue of $40.8 million and adjusted Earnings Before Interest and Tax ('EBIT') of $3.60 million. Saunders’ acquisition takes effect from 1 November 2023. • The acquisition
Slide 8: Benefits for Saunders (cont.)
Benefits for Saunders (cont.) Piping Solutions’ specialist skills will form a foundation for Saunders’ entry into New Energy markets including: • Green hydrogen infrastructure; • Green liquid ammonia infrastructure; • Natural gas infrastructure upgrades to facilitate the transition away from coal; •
Slide 9: Piping Solutions Key Clients
Piping Solutions Key Clients Mining / Power “Our clients choose and trust our expertise in Oil & Gas piping fabrication and installation for extreme temperate and pressure applications, often within major hazard facility environments.” Linkon Allan & Rowley Hill Directors, Piping Solutions Defence F
Slide 10: Key sector: Defence
Key sector: Defence Piping Solutions have been awarded multiple contracts in the Defence sector, including: • $25 million contract to install aviation fuel infrastructure for the new aviation fuel farm on RAAF Base Tindal in Katherine, NT. • Installation of fuel infrastructure at RAAF Richmond. • In
Slide 11: Key project: Western Sydney Airport New Hydrant Line
Key project: Western Sydney Airport New Hydrant Line • $20 million fuel infrastructure contract for the installation and commissioning of 10.5km of aviation fuel hydrant lines for the new Western Sydney International Airport passenger terminal. • The project leverages the skills, experience and capa
Slide 12: Disclaimer
This presentation has been prepared by Saunders International Limited (“Saunders”, “the Company”, “The Group”) as a summary of the Company and its operations and for general information purposes only. This presentation is not and should not be considered as an offer or invitation to subscribe for or
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