NRW Holdings Limited · ASX:NWH
NRW — Euroz Rottnest Conference 2017
11 slides from NRW's conference presentation, Mar 14, 2017
Slide 1: NRW Holdings – Euroz Rottnest Conference 2017
For personal use only NRW Holdings Euroz Rottnest Conference 2017
Slide 2: Half Year Highlights
Half Year Highlights For personal use only • Financial results – continued improvement – Revenue up 17.6% to $176.6M (1) – Earnings up (EBITDA 21.7%) to $29.2M (2) – Debt down 31% (Net debt to $40.7M) • New work secured - $200M – Civil - Rio Tinto – Yandi sustaining – Mining - Altura – Lithium; – AD
Slide 3: NRW Civil and Mining
NRW Civil and Mining Civil For personal use only • Revenue $42M (last year $23M) • Further work for Rio Tinto secured in the half at Yandicoogina: $40M • SI-NRW progressing the Forrestfield-Airport Link project: – Tunnel boring machines to be commissioned in the first half of 2017 – Construction wor
Slide 4: Action Drill & Blast
Action Drill & Blast For personal use only • Revenue at $35.0M - Improved underlying drill and blast activity up 20% on last year – Lower business revenue due to Middlemount explosives being client supplied in new contract • Secured new work in the half includes – Contract from Macmahon for the Telf
Slide 5: Summary financials
Summary financials Balance sheet normalised Cash movement: First Half FY17 For personal use only Transaction costs include • Debt reduction (Net debt $40.7M) reflects Corporate note: lead arranger fees, legal costs and loan – Previous banking obligations termination costs and Hughes acquisition cost
Slide 6: Tender pipeline summary
For personal use only Forrestfield-Airport Link: Artist’s Impression of Forrestfield Station Tender pipeline summary
Slide 7: Tender pipeline & outlook
Tender pipeline & outlook Order book of $1.0B at Feb 2017 - Secured work for FY17 Tender pipeline $2.8B For personal use only totals $346M and for FY18 totals $300M Civil $0.9B • Includes sustaining tonnes projects in iron ore likely to $1.4B commence calendar year 2018 $0.5B • Further opportunities
Slide 8: Outlook
Outlook For personal use only Operationally our focus will remain on • Continuing to deliver projects to client expectations • Supporting the iron ore sector as plans for sustaining current production volumes are developed • Growing our presence in QLD and NSW on the back of the recent Hughes acquis
Slide 9: FY17 project locations
FY17 project locations For personal use only 9
Slide 10: Disclaimer and important notice
Disclaimer and 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 com
Slide 11: For personal use only
For personal use only 11