Hochtief Aktiengesellschaft · XETR:HOT
Hochtief Aktiengesellschaft — Leighton Holdings — Investor Day (March 2003)
30 slides from Hochtief Aktiengesellschaft's investor day presentation, Mar 17, 2003
Slide 1: Outlook in Australia
OUTLOOK IN AUSTRALIA 1
Slide 2: Real GDP
REAL GDP Source: Source: ABS; ABS; CEIC; CEIC; Thomson Thomson Financial Financial Datastream Datastream Australia Australia United United States States Euro Euro Area Area % % Year-ended Year-ended percentage percentage change change 66 44 22 00 -2 -2 92 92 93 93 94 94 95 95 96 96 97 97 98 98 99 99
Slide 3: Australia's Economic Success
AUSTRALIA’S ECONOMIC SUCCESS § The three top performing economies over the last decade were the US, Ireland and Australia § Australia is more internationally competitive because of: – Low inflation – Financial deregulation – Strong productivity growth – Competitive A$ – Reduced industrial disputes a
Slide 4: Days Lost Through Industrial Dispute
DAYS LOST THROUGH INDUSTRIAL DISPUTE Source: Source: DB DB Global Global Markets Markets Research; Research; ABS ABS 900 900 Days Days lost lost per per 1000 1000 employees employees 800 800 700 700 600 600 500 500 400 400 300 300 200 200 100 100 81 81 82 82 83 83 84 84 85 85 86 86 87 87 88 88 89 89
Slide 5: Australian Construction Market
AUSTRALIAN CONSTRUCTION MARKET Source: Source: BIS BIS Shrapnel, Shrapnel, ABS ABS data data $bn $bn 25 25 22 22 Engineering Engineering Construction Construction (includes (includes work work performed performed by by public public & & private private sectors) sectors) 19 19 16 16 Non-dwelling Non-
Slide 6: Work in Hand by Australian Market
WORK IN HAND BY AUSTRALIAN MARKET at at 31 31 December December 2001 2001 at at 31 31 December December 2002 2002 $m $m 4000 4000 3000 3000 2000 2000 1000 1000 Engineering Engineering && Mining Mining && Building Building && Telecommunications Telecommunications Infrastructure Infrastructure Resourc
Slide 7: Engineering and Infrastructure
ENGINEERING AND INFRASTRUCTURE 7
Slide 8: Engineering and Infrastructure
ENGINEERING AND INFRASTRUCTURE § Private sector engineering construction to grow from – $12.5bn in 2001/02 – $13.9bn in 2002/03 – $15.2bn in 2003/04 § Number of major transport projects proposed or in planning § Road sector to be worth $10bn by 2004/05 8
Slide 9: Port of Brisbane Motorway Alliance, Qld
Port of Brisbane Motorway Alliance, Qld 9 Leighton Contractors
Slide 10: Western Sydney Orbital, NSW
Western Sydney Orbital, NSW 10 Leighton Contractors
Slide 11: Regional Fast Rail, Vic
Regional Fast Rail, Vic 11 Thiess
Slide 12: Alice Springs – Darwin Railway, NT
Alice Springs – Darwin Railway, NT 12 John Holland
Slide 13: Parramatta Rail Link, NSW
Parramatta Rail Link, NSW 13 Thiess
Slide 14: Mining and Resources
MINING AND RESOURCES 14
Slide 15: Mining and Resources
MINING AND RESOURCES § Australia’s largest contract miner § Positive environment leading to surge in capital spending on infrastructure § Processing of resources fuelling construction activity § Oil and gas prospects emerging 15
Slide 16: Liddell Coal Mine, NSW
Liddell Coal Mine, NSW 16 Thiess
Slide 17: Mt Arthur Coal Mine, NSW
Mt Arthur Coal Mine, NSW 17 John Holland
Slide 18: Liquid Natural Gas Production Facility, WA
Liquid Natural Gas Production Facility, WA 18 John Holland
Slide 19: Stanwell Magnesium Plant, Qld
Stanwell Magnesium Plant, Qld 19 Leighton Contractors
Slide 20: Resources Opportunities
RESOURCES OPPORTUNITIES Laminaria Phase 2 (petroleum) Key Bayu/Undan (petroleum) Alcan (alumina) Mining DARWIN Processing facility North West Shelf 4th train (LNG) Browns (polymetallic) Oil & gas Dampier Nitrogen Sun Metals Stage II (zinc) Hope Downs (iron ore) Methanex Burrup Fertilizer Mining area
Slide 21: Building and Property
BUILDING AND PROPERTY 21
Slide 22: Building and Property
BUILDING AND PROPERTY § Australian non-residential building market to grow from – $13.1bn in 2001/02 – $14.5bn in 2002/03 – $15.7bn in 2003/04 § Recovery centred on offices, health, education, defence and retail/hotels § Presence in this market boosted by acquisition of Fletcher and Broad § Increase
Slide 23: Hilton Hotel Refurbishment, Sydney
Hilton Hotel Refurbishment, Sydney 23 Leighton Contractors
Slide 24: Spencer Street Station, Melbourne
Spencer Street Station, Melbourne 24 Leighton Contractors
Slide 25: KENS Office Tower Development, Sydney
KENS Office Tower Development, Sydney 25 Leighton Properties
Slide 26: 700 Collins Street, Melbourne
700 Collins Street, Melbourne 26 Leighton Properties
Slide 27: MacArthur Chambers, Brisbane
MacArthur Chambers, Brisbane 27 Leighton Properties
Slide 28: Other Markets - Services
OTHER MARKETS - SERVICES 28
Slide 29: Other Markets - Services
OTHER MARKETS - SERVICES § Lack of new capital expenditure constraining telecommunications opportunities § Some good opportunities in the operation and maintenance of transport and utilities infrastructure § Environmental market remains competitive 29
Slide 30: Splicing Fibre Optic Cable, Vic
Splicing Fibre Optic Cable, Vic 30 Leighton Contractors