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Towering Powering Energising Innovating ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS 28 MAY 2014

ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

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Page 1: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

Towering Powering Energising Innovating

ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS 28 MAY 2014

Page 2: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

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DISCLAIMER The information in this presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to subscribe for or purchase of any ordinary shares (“Shares”) in Eversendai Corporation Berhad (“Eversendai”) in Malaysia, the United States or any other jurisdiction.

This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Although Eversendai believes that such forward-looking statements are based on reasonable assumptions, it can give no assurance that such expectations will be met. Eversendai, its affiliates, agents, advisers and their respective directors, officers, partners, employees and representatives assume no responsibility to amend, modify or revise any forward-looking statements on the basis of any subsequent developments, information, events or otherwise.

Representative examples of these factors include (without limitation) general industry and economic conditions, continuing political and social stability in the countries we operate, competition from other companies, changes in operating expenses, including employee wages, benefits and training, governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. You are cautioned not to place undue reliance on these forward looking statements, which are based on current view of the management on future events.

This presentation has been prepared by Eversendai. The information in this presentation has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions contained in this presentation and any other oral or written information provided in connection therewith. None of Eversendai, its affiliates, agents, advisers and their respective directors, officers, partners, employees and representatives shall have any liability whatsoever (in contract, tort or otherwise) for any loss howsoever arising which may be based on this presentation or any other oral or written information provided in connection therewith and any errors therein and/or omissions therefrom.

This presentation and its contents are strictly confidential and must not be copied, reproduced, distributed, summarized, disclosed, referred or passed on to any party at any time without the prior written consent of Eversendai.

This presentation shall not constitute and should not be considered as any form of opinion or recommendation by Eversendai, its directors, officers, partners, employees and/or representatives.

By attending this presentation and/or receiving a copy of this presentation, you agree to be bound by the limitations contained above.

Page 3: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

AGENDA

Project: Multipurpose Hall at Lusail Sports Club

Operational Highlights

Financial Highlights

Q & A

Page 4: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

Operational Highlights

Page 5: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

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NEW CONTRACTS SECURED Total value of new contracts secured in 1Q2014 was RM151.2m

1Q

20

14

2

01

3

20

12

2

01

1

20

10

2

00

9

20

08

151.2m

668.8m

923.9m

1,065.2m

1,667.8 m

408.9m

416.7m 6 contracts

9 contracts

30 contracts

28 contracts

15 contracts

Value of New Contracts Secured (in RM)

Secured in 1Q2014 – By Countries

21 contracts

5 contracts

RM39m

RM14m

RM41m

RM57m

Page 6: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

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20 key on-going projects across 7 countries KEY ON-GOING PROJECTS

Page 7: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

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20 key on-going projects across 7 countries KEY ON-GOING PROJECTS

Page 8: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

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20 key on-going projects across 7 countries KEY ON-GOING PROJECTS

Page 9: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

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Our order book stands at RM1.06 billion

By Geography Middle East

52.4%

By Business Segment (In RM’million)

Structural Steel

Construction

Power Plant

17.1%

57.7%

25.3%

613.3

268.5

181.4

2014

2015

2016

Order Book Run Rate

RM712.1m

RM311.4m

RM39.6m

TOTAL: RM1,063.1m

ORDER BOOK

Page 10: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

Financial Highlights

Page 11: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

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REVENUE Revenue split by geographical markets and business segments

Financial year/ period

Revenue (RM’mil.)

2010

2011

2012

2013

1Q2014

744.9

1,033.7

1,021.3

965.1

230.7

By Business Segment

By Geography

Middle East

63.2%

Malaysia 28.4%

India 8.4%

Oil & Gas 3.5%

Construction 8.9%

Power Plant 29.1

%

Structural Steel

58.5%

Page 12: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

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EARNINGS EBITDA and PATAMI margins analysis

Financial year/ period PATAMI (RM’mil.)

EBITDA margin

PATAMI margin

2010

2011

2012

2013

1Q2014

116.7

119.5

115.4

32.6

11.0

21.9%

17.2%

17.8%

11.6%

10.5%

15.7%

11.6%

11.3%

3.4%

4.8%

Page 13: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

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1Q

20

14

20

13

20

12

20

11

20

10

496.7 517.8

254.0 306.5

394.6

29

7.1

27

2.4

22

8.9

29

0.9

14

1.9

Borrowing

Cash & equivalents1.27

0.43 0.32

0.61 0.58

FINANCIAL POSITION

71

6.1

78

3.3

84

5.5

85

2.2

20

11

20

12

20

13

1Q

20

14

Shareholders’ Funds (In RM’million)

NAV per share: 92.5 Sen

110.1 Sen

(In RM’million)

Gearing ratio (x)

101.2 Sen

Shareholders’ funds, NAV and gearing positions

109.2 Sen

Page 14: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

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SHAREHOLDING STRUCTURE

* Since IPO in July 2011.

As at 28 April 2014

EPF* 8.1%

Tabung Haji* 5.2%

AIA 1.0%

Lynas Capital

2.3%

Other Institutions

4.5% Retails 7.9%

Page 15: ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTSir.irchartnexus.com/eversendai/docs/analysts/1Q2014... · ANALYST & INVESTOR BRIEFING 1Q 2014 RESULTS ... governmental and public policy

Thank You.