Ashley Services Group Ltd. · ASX:ASH
Ashley Services — H1 FY2020 Earnings Presentation
11 slides from Ashley Services's earnings presentation, Feb 28, 2020
Slide 1: First Half 2020 Results
Labour Hire | Recruitment Training FIRST HALF 2020 RESULTS 28 February 2020
Slide 2: Ashley Services Continues to Deliver
ASHLEY SERVICES CONTINUES TO DELIVER Strong result for H1 FY20, double digit growth across all financial measures ▪ Revenue of $183.4 million, h$35.2m or 23.8% on pcp* ▪ EBITDA** of $6.1 million, h$1.5m or 33.8% on pcp [66% of full year FY19 EBITDA of $9.1m] ▪ NPAT** of $3.4 million, h$0.7m or 26.8%
Slide 3: Growth Across All Measures
GROWTH ACROSS ALL MEASURES REVENUE FY16 - H1 FY20 EBITDA FY16 - H1 FY20 350.0 332.8 10.0 9.1 314.7 8.0 287.6 8.0 300.0 276.9 6.1 5.7 6.0 250.0 4.0 200.0 183.4 2.0 0.0 150.0 FY16 FY17 FY18 FY19 H1 FY20 (2.0) 100.0 (4.0) 50.0 (6.0) (8.0) - (7.7) FY16 FY17 FY18 FY19 H1 FY20 (10.0) * FY19 decline due to
Slide 4: Divisional Profitability
DIVISIONAL PROFITABILITY REVENUE by Division FY16 - H1 FY20 350.0 ▪ Labour Hire H1 FY20 Revenue $154.1m, h$9.9m 6.7 300.0 25.5 (6.9%) on pcp 28.3 8.0 250.0 ▪ Action Workforce was the driving force 200.0 ▪ Concept Engineering was down against a strong 326.1 4.4 24.9 150.0 289.2 Q1 in FY19 but is trac
Slide 5: Business Overview
BUSINESS OVERVIEW * includes CCL Group 220+ Internal Staff 1 21 Offices 350+ Customers 4 5,000 + Weekly Workers 2 4 1 4.8 Years Tenure Top 20 Customers 9 Fully Integrated Labour Hire & Training provider 5
Slide 6: Labour Hire Division
LABOUR HIRE DIVISION* * excludes CCL Group ▪ Transport & Logistics ▪ Trades ▪ Specialist ▪ White Collar ▪ Production/Process ▪ Engineering Recruitment Recruitment ▪ Manufacturing ▪ Technical ▪ Executive Search ▪ Office support ▪ Horticulture ▪ Maintenance ▪ HR & IR Consulting ▪ White Collar Temps ▪
Slide 7: Training Division
TRAINING DIVISION ASH Pty Ltd Australian Institute of Vocational Training Tracmin Pty Ltd (RTO 20749) Vocational Australia Pty Ltd (RTO 51895) ▪ Business, Administration, Development Pty Ltd (RTO 90804) ▪ Resource Processing Leadership, Management (RTO 40596) ▪ Business ▪ Civil Construction Plant ▪
Slide 8: Introducing the CCL Group
INTRODUCING THE CCL GROUP ▪ Provides Construction Labour to the largest commercial developers and largest infrastructure projects in Melbourne ▪ Specialist Labour includes: General Labourers, Carpenters, Electrical Spotters, Scissor & Boom Lift Operators, Plant Operators, Peggy Duties, Steel Fixers,
Slide 9: Consolidated Statement of Profit or Loss and Other Comprehensive Income
Consolidated Statement of Profit or Loss and Other Comprehensive Income For the half-year ended 5 January 2020 6 months to 6 months to 05-Jan-20 30-Dec-18 $000 $000 Revenue 183,380 148,167 Other income 429 648 Employment costs (174,287) (141,443) Depreciation and amortisation expense (1,174) (447) F
Slide 10: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position As at 5 January 2020 05-Jan-20 30-Jun-19 05-Jan-20 30-Jun-19 $000 $000 $000 $000 Assets Liabilities Current assets Current liabilities Cash and cash equivalents 5,088 6,784 Trade and other payables 18,981 13,900 Trade and other receivables 39,507 28,524 C
Slide 11: Notice and Disclaimer
Notice and Disclaimer Purpose and Date: This presentation contains general background information about the activities of Ashley Services Group Limited ABN 92 094 747 510 (“ASH”) as at 28 February 2020 (“Presentation Date”). No financial advice: The information in this presentation does not constitu
Ashley Services Group — H1 FY2020 Earnings Presentation on 6ix