Civmec Limited · SGX:P9D
Civmec — Investor Presentation (June 2017)
23 slides from Civmec's investor presentation, June 2017
Slide 1: Civmec Construction & Engineering Investor Presentation – June 2017
CIVMEC CONSTRUCTION & ENGINEERING INVESTOR PRESENTATION – JUNE 2017
Slide 2: Financial Performance: Revenue & Order Book
FINANCIAL PERFORMANCE REVENUE & ORDER BOOK 600,000 500,000 400,000 S$'000 300,000 200,000 100,000 - Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 FY14 FY14 FY14 FY14 FY15 FY15 FY15 FY15 FY16 FY16 FY16 FY16 FY17 FY17 FY17 Revenue Order Book 2
Slide 3: Financial Performance: Gross Profit & NPAT
FINANCIAL PERFORMANCE GROSS PROFIT & NPAT 25,000 25.0% 22,500 20,000 20.0% 17,500 15,000 15.0% S$'000 12,500 10,000 10.0% 7,500 5,000 5.0% 2,500 - 0.0% Q1 FY14 Q2 FY14 Q3 FY14 Q4 FY14 Q1 FY15 Q2 FY15 Q3 FY15 Q4 FY15 Q1 FY16 Q2 FY16 Q3 FY16 Q4 FY16 Q1 FY17 Q2 FY17 Q3 FY17 GP $ NPAT $ GP % NPAT % 3
Slide 4: Recent Awards
/ Cawmec ) | RECENT AWARDS
Slide 5: Recent Projects Wins: Gruyere Gold Project
RECENT PROJECTS WINS Gruyere Gold Project (in Joint Venture with Amec Foster Wheeler) Client: Gold Road Resources Ltd & Gruyere Mining Company Pty Ltd Engineering, Procurement and Construction (EPC) contract for the Gruyere Gold Project, Located approximately 1200 kilometres east of Perth. Scope of
Slide 6: Recent Projects Wins: Pinjarra Alumina Refinery
RECENT PROJECTS WINS Pinjarra Alumina Refinery Client: Alcoa of Australia Engineering, Procurement and Construction (EPC) contract of a filter building facility, a materials handling system and associated supporting services infrastructure. • Manning – approx. 200 people Completion due July 2018 6
Slide 7: Recent Projects Wins: Pilgangoora Lithium Project
RECENT PROJECTS WINS Pilgangoora Lithium Project Client: Altura Mining Civil construction for a new Lithium plant in Port Hedland. • 5,000m3 concrete • Manning – approx. 50 Completion due October 2017 Significance: Expanding our client and knowledge base by delivering a project in lithium, an emergi
Slide 8: Future for Western Australia in Defence
FUTURE FOR WESTERN AUSTRALIA IN DEFENCE • Federal Government confirmed Western Australia will be 1 of 2 shipbuilding locations • We are the only Australian company investing in naval shipbuilding infrastructure • Planned $80 million investment in the new ship building and maintenance facility • Prov
Slide 9: Defence Update: Offshore Patrol Vessels
DEFENCE UPDATE OFFSHORE PATROL VESSELS (OPVS) • Forgacs Marine and Defence has entered into a MOU with ASC Shipbuilding Pty Ltd. • Jointly submitted a bid for the building of 12 Offshore Patrol Vessels in March 2017 • Chosen by 2 of the 3 shortlisted designers as their builder • Luerssen and Damen •
Slide 10: Facility Developments - Henderson
FACILITY DEVELOPMENTS - HENDERSON
Slide 11: Australian Government Naval Shipbuilding Plan
AUSTRALIAN GOVERNMENT NAVAL SHIPBUILDING PLAN FLEET BASE WEST Garden Island CIVMEC Henderson Facility *Western Australia Maritime Precinct *as defined by the Naval Shipbuilding Plan
Slide 12: Henderson Facility Development
HENDERSON FACILITY DEVELOPMENT Civmec is the only company in Blast and Paint – March 2018 Australia investing in Shipbuilding Facility - 2019 shipbuilding infrastructure
Slide 13: Existing and New Facility Interface
EXISTING AND NEW FACILITY INTERFACE
Slide 14: Current Progress - Henderson
CURRENT PROGRESS - HENDERSON • Appointed GHD as facility designers • Development approval granted for stage one • Commenced construction of Australia’s largest undercover shipbuilding facility in April 2017 • Entire facility due for completion Q3 2019 14
Slide 15: Facility Developments - Newcastle
FACILITY DEVELOPMENTS - NEWCASTLE
Slide 16: Planned Newcastle Development
Office 1 – Jan 2017 Heavy Engineering Facility – Dec 2017 Office 2 – TBC Logistics - 2018 Stage 2 Pre-stressing Facility– July 2017 Stage 1 Ship Lift - TBC Marine Maintenance - TBC Planned Newcastle development
Slide 17: Newcastle Facility
NEWCASTLE FACILITY Precast Facility • 7,600m2 of undercover facility • Due for completion July 2017 Heavy Engineering Facility • Extension on processing bay, Stage1 (completion Q3 2017) • Construction of centre bays, Stage 2 (completion Q1 2018) • 200 tonne lifting capacity New Facility Equipment Pu
Slide 18: East Coast Operations
EAST COAST OPERATIONS • Established larger office in Sydney • Appointed east coast Operations Manager • Appointed east coast Business Development Manager • Delivering on some of Sydney major infrastructure projects Narellan Bridge Loadout - Westconnex - Sydney Light Rail - Northwest Rapid Transit •
Slide 19: Outlook
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Slide 20: Outlook
OUTLOOK ü Positive order book providing solid platform for next financial year - S$585M (as at June 2017) ü Tendering activity is strong across our sectors ü Forecast capital spend over the next 10 years very strong in Australia (A$800b) ü Positive about the medium to long-term outlook for the Group
Slide 21: Outlook by Sector
OUTLOOK Infrastructure Defence Tendering activity positive Long-term tendering activity appears positive Steel fabrication and precast concrete for public infrastructure Targeting involvement in future Naval Defence Acquisition Program Opportunities in water and energy market - OPV’s, minor war vess
Slide 22: Strategic Focus
STRATEGIC FOCUS ü Continual development of Henderson and Newcastle facilities ü Delivery of recently awarded EPC contracts ü Continue diversification strategy ü Naval Defence Acquisition Program ü Water and Energy Market ü Preserve our balance sheet and maximise shareholder returns ü Tightly manage
Slide 23: Thank You
THANK YOU Media and Investor Contact Information: WeR1 Consultants Pte Ltd 3 Phillip Street, #12-01 Royal Group Building Singapore 048693 Tel: (65) 6737 4844 | Fax: (65) 6737 4944 Ian Lau, [email protected] Disclaimer • This presentation has been prepared by the management of Civmec Limited (the Compa