Fletcher Building Limited · NZX:FBU
Fletcher Building — J.P. Morgan Building Forum 2014
12 slides from Fletcher Building's conference presentation, Apr 10, 2014
Slide 1: Presentation to J.P. Morgan's Building Forum
Presentation to J.P. Morgan’s Building Forum Steve Baker – GM of Concrete Pipe and Products 10 April 2014
Slide 2: Disclaimer
Disclaimer This presentation contains not only a review of operations, but also some forward looking statements about Fletcher Building and the environment in which the company operates. Because these statements are forward looking, Fletcher Building’s actual results could differ materially. Media r
Slide 3: Business Overview
Business Overview Concrete Pipe & Products sits within Fletcher Building’s Infrastructure Products division and comprises of four integrated core businesses across Australia and New Zealand – Pipe, Poles, Sleepers & Structures and Barrier Systems: One of two largest concrete pipe and products manu
Slide 4: Concrete Pipe & Products
Concrete Pipe & Products P P O I L P E E S S B L A E R E R P I E E R R S S 4 Fletcher Building Investor Presentation | © April 2014
Slide 5: Key Manufacturing sites
Key Manufacturing sites Australia New Zealand Cairns Auckland Townsville Hamilton Mackay Rockhampton Hastings Nelson Brisbane Greymouth Grafton Christchurch Perth Sydney Alexandra Adelaide Wodonga Canberra Melbourne Pipes – 10 x Aus; 7 x NZ Sleepers & Structures - 3 x Aus; 1 x NZ Poles – 2 x Aus; 2
Slide 6: Business Vision & Attributes
Business Vision & Attributes Concrete Pipe & Products’ Vision is to be a much larger and a major force in Australasian infrastructure. Business attributes: Commanding positions in its home markets Strong brand names (> 80 years) Experienced & committed management Longstanding customer relati
Slide 7: Key Brands
Key Brands Infrastructure Products Division Concrete Pipe and Products Sleepers & Pipe Poles Barriers Structures Australia New Zealand 7 Fletcher Building Investor Presentation | © April 2014
Slide 8: Journey
Journey ATLANTIC CIVIL Jan 2011, Rocla PRODUCTS acquires Atlantic (Structures) Nov 2012, Fletcher merges Rocla and ROCLA PIPELINE PRODUCTS (Pipes, Poles, Sleepers) Humes to form Rocla Group consisting of four key divisions: 1. Pipeline Systems (Rocla/Humes) ACP (Barriers) 2. Network Pole Structures
Slide 9: Revenue mix
Revenue mix In FY13, Revenue was NZ$500M: Revenues by Product Revenues by Geography 15% 31% 10% 11% 64% 69% Pipe Poles Barriers Sleepers & Structures Australia New Zealand 9 Fletcher Building Investor Presentation | © April 2014
Slide 10: Customer mix
Customer mix In FY13, Revenue was NZ$500M: Revenues by Customer Revenues by Segment 17% 21% 52% 12% 57% 26% 3% 10% 2% Residential Rail Contractors Govt Owners Mining Communication Electricity Roads and Highways 10 Fletcher Building Investor Presentation | © April 2014
Slide 11: Concrete Pipes and Products - Strategic Growth Directions
Concrete Pipes and Products - Strategic Growth Directions Market Sectors Pipe Sleepers Structures Poles Barriers by Business Land Development Highways and Roads Mining and Rail Utilities Core Segment with Growth potential in segment Secondary Segment Developing Segment 11 Fletcher Building Investor
Slide 12: Current market conditions
Current market conditions In Australia: Civil pipe demand up in NSW, flat in other states Demand for railway sleepers, poles and mining-related structures down considerably Barrier systems demand stable In New Zealand: Strong demand across most product categories 12 Fletcher Building Investo