Regis Healthcare Ltd. · ASX:REG
Regis Healthcare — Macquarie Conference, May 2015
16 slides from Regis Healthcare's conference presentation, May 6, 2015
Slide 1: May 2015
For personal use only May 2015
Slide 2: Contents
•1• For personal use only Contents 01 Business Overview •2• 02 Growth Strategy •8• 03 Summary and Outlook • 12 • Macquarie Conference, May 2015
Slide 3: 01 Business Overview
For personal use only 01 •2•
Slide 4: Regis Healthcare
•3• Regis Healthcare For personal use only Regis is one of the largest private providers of residential aged care in Australia Portfolio characteristics Regis is one of the most geographically diversified for-profit More than 20 years experience in managing, developing Australian residential aged ca
Slide 5: Industry Snapshot - Residential Aged Care
•4• Industry Snapshot - Residential Aged Care For personal use only Aged care is a substantial segment of the healthcare services sector with future growth underpinned by compelling demographics Key industry dynamics1 Residential aged care sector composition in Australia1,2 Government $13.9 billion
Slide 6: Established operator with a strong earnings growth record
•5• Established operator with a strong earnings growth record For personal use only Delivered EBITDA CAGR of 42% over the last five years Regis’ average EBITDA/resident is within the Regis has a track record of delivering strong industry’s top quartile cash flow from operations5 $24,000 160 Net bond
Slide 7: Scalable and Market Leading Platform
•6• Scalable and Market Leading Platform For personal use only Highly scalable and vertically integrated business model with industry leading proprietary systems and processes Significant investment in scalable infrastructure Vertical Integration Regis has made significant investment in business pro
Slide 8: Business Update – Key operational statistics
•7• Business Update – Key operational statistics For personal use only Regis outperformed most statistics in the 1H and issued an EBITDA and NPAT upgrade Prospectus Key operational statistics FY20141 1H FY20152 FY20151 Comment Total operational places 4,719 4,855 4,854 In line with forecast Average
Slide 9: 02 Growth Strategy
For personal use only 02 •8•
Slide 10: Growth Metrics
•9• Growth Metrics For personal use only Taking advantage of industry growth and consolidation to leverage existing portfolio Growth strategy: Greenfield development program of multiple sites per annum Continue making single site acquisitions Expand and reconfigure existing sites Assess portfolio ac
Slide 11: Expansion Pipeline – Greenfield Projects
• 10 • Expansion Pipeline – Greenfield Projects1 For personal use only Status of current and planned projects with capex in FY15 and FY16 Total new Site and facility acquisition places Project 697 Total new places Net additional places Land held Development approval Provisional Allocations/ Licences
Slide 12: Expansion Pipeline – Brownfield Projects
• 11 • Expansion Pipeline – Brownfield Projects1 For personal use only Status of current and planned projects with capex in FY15 and FY16 Additional Places Site and facility acquisition Project 102 Total new places Net additional places Land held Development approval Provisional Allocations/Licenc e
Slide 13: 03 Summary and Outlook
For personal use only • 12 • 03
Slide 14: Financial highlights 1H FY15
• 13 • Financial highlights 1H FY15 For personal use only On track to deliver earnings guidance for FY15 announced with the FY15 Half Year results 1H FY15 highlights1 FY15 EBITDA Revenue of EBITDA of and NPAT forecast upgraded by $219.4m $51.2m 51% of the FY15 59% of the FY15 5–10% prospectus foreca
Slide 15: Summary and Outlook
• 14 • Summary and Outlook For personal use only On track to deliver earnings guidance provided with the FY15 Half Year results Earnings guidance upgrade of 5–10% due to strong operational performance • Average net ACFI per resident per day as at December 2014 was 2.5 % ahead of FY15 prospectus fore
Slide 16: Important Notice
• 15 • Important Notice For personal use only This presentation contains general information about the activities of Regis Healthcare Limited (Regis) which is current as at 6th May 2015. It is in summary form and does not purport to be complete Terms and descriptions used in this presentation are as