NRW Holdings Limited · ASX:NWH
NRW — Macquarie Australia Conference 2018
12 slides from NRW's conference presentation, May 2, 2018
Slide 1: NRW Holdings – Macquarie Australia Conference
NRW HOLDINGS MACQUARIE AUSTRALIA CONFERENCE For personal use only JULES PEMBERTON CHIEF EXECUTIVE OFFICER ANDREW WALSH CHIEF FINANCIAL OFFICER 2 May 2018
Slide 2: NRW Holdings Overview
NRW HOLDINGS OVERVIEW For personal use only 1994 Founded NRW Leader of diversified Civil & Mining Order Book services to the 2007 Listed on the ASX $2.0 billion (1) resource and infrastructure sectors 2010 (1) Assumes Baralaba awarded at full contract value Established Action Drill & Blast Workforce
Slide 3: Our Divisions
OUR DIVISIONS For personal use only NRW Civil & Mining Golding Action Drill & Blast Leading provider of civil and Market leading Queensland- One of the largest drilling and mining services to the public based civil, mining and urban blasting teams in Australia, infrastructure and resource services c
Slide 4: Project Locations
PROJECT LOCATIONS For personal use only • 10 Civil & Mining contracts across WA and SA • 3 Civil infrastructure projects across QLD and NSW, 10 Urban projects in SE Qld • 6 Mining contracts in QLD • 19 Drill and Blast contracts across Coal, Lithium and Gold 4
Slide 5: Results Overview – Half Year FY18
RESULTS OVERVIEW – HALF YEAR FY18 For personal use only • Revenue of $345.3M (1) up 95% on the same period last year • Underlying EBITDA (2) of $40.3M up 38% on the prior comparative period • Net Profit after Tax before amortisation of $19.5M (3) (up 70%) on the prior comparative period • Golding ac
Slide 6: Operational Update
OPERATIONAL UPDATE • Golding For personal use only ü The business continues to perform well ü Expect to execute Baralaba this week ($350M (1)) • NRW Civil & Mining • New civil resources projects - slower award than expected • Rio Tinto Yandicoogina Project completed followed by recent award of Maran
Slide 7: Civil
CIVIL For personal use only Current projects include • Woolgoolga to Ballina (RMS), Offline storage facility (GAWB), Urban (includes Sunland, Mirvac), FAL (PTA), Yandi (Rio Tinto), Aerodrome Carrapateena (OZ Minerals) Contract awards • ECI for OZ Minerals at Carrapateena project valued at $111M, aer
Slide 8: Mining
MINING Contract awards For personal use only • $324M for Gascoyne Resources at Dalgaranga gold – commenced 2nd half FY18, term – 6 years • Broadlea - $25M mining services contract awarded to Golding • Baralaba North coal project – circa $350M expected to be finalised this week Outlook • Strong activ
Slide 9: Drill & Blast
DRILL & BLAST For personal use only Operations update • Weather and drill availability causing lower revenue - Improvement plan in progress • Key focus is improving drill utilisation • Incremental Capex to extend equipment life • Incremental Opex to address current issues • improvement expected in F
Slide 10: Tender Pipeline & Outlook
TENDER PIPELINE & OUTLOOK For personal use only • Order book $1.6B increasing to circa $2.0B with recent announcements (1) • Secured revenue for second half circa $400.0M • Pipeline circa $6.0B, with $1.5B in active tenders Pipeline Outlook • Focus on further developing WA Civil business scale to su
Slide 11: Disclaimer & Important Notice
DISCLAIMER & IMPORTANT NOTICE For personal use only Information, including forecast financial information in this presentation should not be considered as a recommendation in relation to holding, purchasing or selling shares, securities of other instruments in NRW Holdings Limited or any other compa
Slide 12: NRW.COM.AU
For personal use only NRW.COM.AU