rbs morgans annual queensland conference - … · asx announcement . 9 october 2013 . rbs morgans...

ASX Announcement 9 October 2013

RBS Morgans Annual Queensland Conference

Attached is a presentation to be made today at the RBS Morgans Annual Queensland Conference in Brisbane.

- Ends -

Further information Mr Matthew Adamo Chief Financial Officer LogiCamms Tel. +61 7 3058 7205

Media enquiries Mr Alasdair Jeffrey Rowland Tel. +61 7 3229 4499

Shareholder enquiries Mr Paul Bowker Company Secretary LogiCamms Tel. +61 7 3058 7205

About LogiCamms LogiCamms is engineering breakthroughs in asset performance. Working with leading owners and operators of hydrocarbons, minerals and metals and infrastructure assets, the Company works to reduce costs, increase efficiencies, and enhance the value of customers’ assets and operations. LogiCamms’ core business units include engineering consulting, project delivery and asset performance services. The Company has offices across Australia and New Zealand and is headquartered in Brisbane, Queensland. In 2013 LogiCamms acquired ITL Engineering, an established New Plymouth based business providing a range of design and build solutions primarily to the hydrocarbons industry. LogiCamms’ Vision is to be a market leader delivering outstanding customer solutions. www.logicamms.com.au

Engineering Consultancy | Project Delivery | Asset Performance

LogiCamms Limited ASX:LCM ACN 127 897 689 www.logicamms.com.au

Share Registry Computershare Investor Services Tel. +61 3 9415 4000 www.investorcentre.com

http://www.logicamms.com.au/

ASX code - LCM

RBS Morgans

Annual Queensland Conference Presented by Matthew Adamo,

Chief Financial Officer

9 October 2013

2 Engineering Consulting | Project Delivery | Asset Performance 2 Engineering Consulting | Project Delivery | Asset Performance

Overview

A trans-Tasman professional engineering and consulting services company in:

• Minerals and metals

• Hydrocarbons

• Infrastructure

Working to reduce and recover costs, improve performance and enhance the value of our customers’ assets.

3 Engineering Consulting | Project Delivery | Asset Performance

• Delivering on strategy, contributing to workforce growth to 640 people: - Acquisition in May 2013 of oil and gas engineering specialist, Independent Technology Holdings (ITL)

- Focus on unlocking value and increasing asset performance, particularly on existing assets for resource and energy markets

- Further extension of services within hydrocarbons markets, and geographic expansion

- Continued commitment to excellence in health and safety performance, achieving TRIFR* of zero during the year

• Sustained earnings growth anticipated: - High value specialist engineering and consulting services targeting specific market opportunities

- Earnings contribution from ITL and expanding hydrocarbons expertise

- Robust opportunity pipeline of approximately $490m, up from $320m

Performance Highlights FY13 against previous corresponding period (pcp)

$14.1m EBITDA^ up 25%

$14.6m Operating Cash Flow

up 49%

$129.5m Revenue up 5%

$11.1m Statutory NPAT

up 4%

10.9% EBITDA margin up from 9.2%

9.0c Full year dividend

up 6%

16.6c Basic EPS up 4%

~$490m Opportunity Pipeline

up from $320m


4

Our Business - Overview

Our purpose is to unlock higher value and enhance performance of our customers’ assets.

Our skill set extends across all phases of the asset and project lifecycle.


• Focus on long term enduring relationships in growth markets

• Diversified customer base of leading local and international companies

• Large base load of small engineering consultancy work across multiple divisions and assets - multiple touchpoints with clients

• Primarily orientated to support brownfield (existing) assets

Representative Customers FY13


Strategy Roadmap FY14+

LogiCamms has made significant progress along its strategic roadmap in FY13, and will continue to implement key areas of its business plan in the year ahead.


Ongoing Services FY13-FY14

Project

Location

Client

Scope Summary

Overview

Operational readiness services

Bayu-Undan and Darwin

ConocoPhillips

Shutdown assistance

LogiCamms is providing operational readiness services to assist ConocoPhillips in the successful delivery of key projects at their Darwin LNG and Bayu-Undan facilities.

Sustaining capital projects

Queensland

Santos

Multidiscipline engineering services including procurement

LogiCamms extended the scope of an existing agreement with Santos for the delivery of engineering projects at upstream facilities in Queensland.

Gorgon LNG asset performance services

Western Australia

Chevron

Maintenance system development

LogiCamms is assisting Chevron in the development of the maintenance system for the Gorgon liquefied natural gas project.

Typical project lifecycle phases


New Business FY13

Industry

Location

Client

Scope Summary

Overview

Hydrocarbons | Coal seam gas

Queensland

Origin Energy

Multidiscipline engineering services

LogiCamms built upon an existing service contract with Origin Energy, to deliver engineering services for upstream projects and facilities.

Hydrocarbons | Ammonium Urea

New Zealand

Ballance

Multidiscipline engineering services

LogiCamms’ New Zealand business, ITL, secured a long term contract with major agrinutrients cooperative, Ballance, for brownfield engineering support services at an ammonium urea plant in Taranaki.

Minerals and Metals | Coal

Queensland

WICET

Design and delivery of the control system.

LogiCamms is delivering the terminal-wide control system for the greenfield WICET facility, one of the largest coal export terminals in Australia.

Typical project lifecycle phases


• Strategic focus, responding to changes in the market and positioning for long term growth

• High value consulting-based service offering geared to delivering improvements in asset performance

• Orientated towards existing (brownfield) assets • Balance portfolio of customers and markets • Embedding innovation into the delivery of solutions

and in operational efficiency • Controlled pursuit of partnership and investment

opportunities to support the expansion and transfer of capabilities into new geographies and sectors

Key Takeaways


Disclaimer

• The purpose of this presentation is to provide general information about LogiCamms Limited (Company). It is not recommended that any person makes any investment decision in relation to the Company based solely on this presentation. This presentation does not contain all information which would be material to the making of a decision in relation to the Company. Any investor should make its own independent assessment and determination as to the Company’s prospects prior to making any investment decision, and should not rely on the information in this presentation for that purpose.

• This presentation does not involve or imply a recommendation or a statement of opinion in respect of whether to buy, sell or hold securities in the Company.

• This presentation contains certain statements which may constitute “forward-looking statements”. Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actual values, results, performance or achievements to differ materially from those expressed, implied or projected in any forward-looking statements. No representation or warranty, express or implied, is made by the Company that the matters stated in this presentation will be achieved or prove to be correct.

• Except for statutory liability which cannot be excluded, the Company, its officers, employees and advisers expressly disclaim any responsibility for the accuracy or completeness of the material contained in this presentation and exclude all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission therefrom. The Company accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in this presentation or any other information made available to a person nor any obligation to furnish the person with any further information.

Notes ^ Earnings Before Interest Tax Depreciation and Amortisation. The reference to EBITDA is unaudited and unreviewed and is intended to provide a measure of financial performance before the impact of non-cash expense items such as equity settled transaction and depreciation and amortisation, as well as interest income and expenses. EBITDA references in this presentation include profit from non controlling interests. *TRIFR = Total Recordable Injury Frequency Rate


Further Information

Registered Office

433 Boundary Street

Spring Hill, Brisbane

Queensland 4000

Tel. +61 7 3058 7000

Investor Relations

Matthew Adamo

Chief Financial Officer

Tel. +61 7 3058 7205

Our Values

Web www.logicamms.com.au

Media Enquiries

Alasdair Jeffrey

Rowland

Tel. +61 7 3229 4499

rbs morgans annual queensland conference - … · asx announcement . 9 october 2013 . rbs morgans...

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