Emeco Holdings Limited · ASX:EHL

Emeco — UBS Investor Conference (October 2010)

20 slides from Emeco's conference presentation, Oct 20, 2010

  1. Slide 1: Emeco Group UBS Investor Conference

    For personal use only Emeco Group UBS Investor Conference Keith Gordon, Managing Director & Chief Executive Officer

  2. Slide 2: Presentation Overview

    For personal use only Presentation Overview  Strategy  Operating Update Picture: Emeco’s on-site maintenance facilities in Western Australia

  3. Slide 3: Strategy

    For personal use only Strategy

  4. Slide 4: Strategic Framework

    Strategic Framework Strategy developed to drive business performance and growth For personal use only  Ongoing optimisation of  Grow without sacrificing invested capital and quality of earnings earnings  Leverage capabilities for  Continue to evolve the growth business model Consistent Value Cre

  5. Slide 5: Executing the Strategy

    Executing the Strategy Current focus on Optimising the Core For personal use only  Embed “Customer Centric” model in  Incremental investment in growing mining markets core markets with quality  Align Australia Sales and Parts with historical returns Rental (mining)  Expand maintenance services 

  6. Slide 6: Incremental Investment

    Incremental Investment Investment of incremental capital in core businesses to deliver returns above the cost of capital For personal use only Returns from Core Businesses over 4 years  Australia will remain around 75% of 21.5% earnings in short to medium term 25.0%  Customer diversification and g

  7. Slide 7: Focus on Customer Needs

    Focus on Customer Needs Customer requirements vary but Emeco’s solution is used at all stages of mine life For personal use only Emeco’s Mine Mine Core Overburden Mining cycle Construction Development Production (Production) leverage: 6% 19% 42% 33% Customers Flexibility Equipment Mechanical Capital

  8. Slide 8: Operating Update

    For personal use only Operating Update

  9. Slide 9: Rental Fleet Utilisation

    Rental Fleet Utilisation Strong market activity and fleet optimization translating into robust fleet utilization For personal use only 100 % Average Equipment Utilisation by WDV  Customer activity levels driven by strong 95 % commodity outlook 87% Avg 90 % 83% Avg 85 %  All core markets are contri

  10. Slide 10: Business Unit Performance

    Business Unit Performance Strong demand for equipment in Eastern Australia QLD For personal use only 100 % 90 %  Recent wet weather had little impact on 80 % equipment utilisation (no major fleets in transit) 70 % Queensland 60 %  Investment in 5 x 240 tonne trucks purchased 50 % and deployed in 1

  11. Slide 11: Business Unit Performance

    Business Unit Performance Strong sector activity in WA translating into sustained utilisation WA For personal use only 100 %  New projects commissioned in FY10 now well 90 % 80 % established Western Australia 70 % 60 %  Gold production expected to increase as new 50 % projects come on-line 40 % 30

  12. Slide 12: Business Unit Performance

    Business Unit Performance Revised strategy and strong market fundamentals providing growth opportunities offshore Canada For personal use only 100 %  Reconfigured mining fleet highly utilized with 90 % 80 % strong activity in oil sands region 70 %  Seasonal “freeze” and “thaw” periods will 60 % Ca

  13. Slide 13: Equipment: Progressing fleet evolution

    Equipment Progressing fleet evolution For personal use only June-10 September-10 Fleet mix proportions by net book value:  Continue to increase weighting of large mining equipment  Acquisition of $29M large mining fleet in 1Q11, including 5x 240 tonne trucks  Further downsizing of small civil equ

  14. Slide 14: Market Outlook

    Market Outlook Outlook in core markets remains positive For personal use only Dynamic Outlook  Continuing strong fundamentals for bulk commodities in Asia Pacific region  Canadian oil sands stable with positive outlook Market  Lead times on new OEM mining equipment continue to increase Dynamics 

  15. Slide 15: Appendix

    For personal use only Appendix

  16. Slide 16: Geographies

    For personal use only Geographies FY10 Rental WDV by FY10 Revenue Split FY10 Commodity Exposure Geographic Region (AUD $M) 5% 3% 37.5 3% 10% 6% 26% 74.1 135.3 11% 8% 4% 89.5 11% 59% 128.0 10% 19% 8% 107.6 16% Queensland Australian Rental Thermal Coal Coking Coal Western Australia Canada Gold Zinc Ca

  17. Slide 17: Detailed Financials

    Detailed Financials Profit & Loss Cash flow For personal use only A$ Millions 1H10 2H10 Var Var A$ Millions FY09 FY10 Var Var Operating Operating $ % A$ m A$ m A$ m % Revenue 208.5 235.9 27.4 13.1 Operating Cash flow 202.0 178.2 (23.8) (11.8) EBITDA 82.5 107.9 25.4 30.8 General Working Capital 15.7

  18. Slide 18: Asset profile

    Asset profile Independent supplier of well-maintained, best-in-class equipment For personal use only 35 tonne 50 tonne 100 tonne 150 tonne 200 tonne 250 tonne 300 tonne Small construction Super mines Truck 15 tonne 25 tonne 35 tonne 45 tonne 60 tonne 100 tonne 150 tonne Dozer Small construction Larg

  19. Slide 19: Company Contact Details

    For personal use only Company Contact Details Thank you for your interest in Emeco Further investor enquiries should be directed to:  Keith Gordon CEO  Stephen Gobby CFO  Graham Borgerson Investor Relations emecogroup.com

  20. Slide 20: Disclaimer

    For personal use only Disclaimer Reliance on third party information The information and views expressed in this Presentation were prepared by Emeco Holdings Ltd (the Company) and may contain information that has been derived from publicly available sources that have not been independently verified.

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