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September 2011 Half Year
Overview
29th
November 2011
2
REVENUE
30th
September 2011
$668mm
EBITDA
30th
September 2011
$172mm
NPAT
30th
September 2011
$102mm
0
20
40
60
80
100
120
140
160
180
0
100
200
300
400
500
600
700
800
900
H1 2008 H1 2009 H1 2010 H1 2011 H1 2012EBIT
DA
&
N
PA
T (A
UD
m
illio
n)
Reven
ue (A
UD
m
illio
n)
Revenue EBITDA NPAT
Average USD:AUD (cents)
84 91 81 90 106
September 2011 Half Year Snapshot (pre unusual items)
22%
54%
45%
3
Capex (excl. properties) versus Depreciation
0
5
10
15
20
25
30
35
40
45
H1 2009 H2 2009 H1 2010 H2 2010 H1 2011 H2 2011 H1 2012
AU
D$
mill
ion
Half Year
Depreciation Capex (excl properties)
Argentina
Chile
Ecuador
Peru
Bolivia
Brazil
Columbia
Mexico
USA
Canada
Burkina Faso Ghana
Mali
Saudi Arabia Turkey
Romania
Poland
Finland Russia
China
Laos
Namibia
South Africa
Tanzania
Malaysia
Thailand
Taiwan
Australia
New Zealand
New Caledonia
Fiji
Hong Kong
Singapore
Indonesia
Portugal Czech Republic
Norway Sweden
Mongolia
Germany Denmark
United Kingdom Ireland
Kazakhstan
Kyrgyzstan Spain
Italy
Netherlands
Zambia
ALS Global Footprint
4
5
ALS Revenue by Geography and Division
31%
48%
3%
7%
11%
Environmental Minerals
Tribology Coal
Industrial
46%
32%
7%
6%
5% 4%
Australia North America
Europe South America
Africa Asia
-20% -10% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Minerals
Environmental
Coal
Tribology
Industrial
Revenue Growth H1 2012 Vs. H1 2011
Organic Acquired FX Movement
6
ALS Revenue Growth
0
100
200
300
400
500
600
700
ALS R
even
ue A
UD
$
millio
n
ALS Group Revenue Growth
• Organic Growth 24%
• Acquired Growth 17%
• Currency Impact (9%)
Reported Growth 33%
0%
10%
20%
30%
40%
Minerals Environmental Coal Tribology Industrial
EBIT
Mar
gin
H1 2011 (ALS Group EBIT Margin 25.4%)
H1 2012 (ALS Group EBIT Margin 28.0%)
7
ALS Margin Performance (Inc. all ALS overheads)
0%
10%
20%
30%
EBIT
Mar
gin
Half Year (10 year history)
H1 2012
8
Minerals Division
H1 2012 H1 2011 Change
Revenue $268mn $153mn 75%
EBITDA $109mn $65mn 68%
EBIT $95mn $53mn 79%
EBIT Margin 35.5% 34.8% +70 bps
Overview
• Exploration Sample Flow up 47% pcp
• Division restructured into four business streams
• Geochemistry
• Metallurgy
• Inspection
• Mine Services
• Significant capacity increases across geochemistry and metallurgical businesses
• Includes Ammtec results for full six months
• Includes Stewart Group results for three months
• Strong result achieved despite impact of high AUD
9
Environmental Division
H1 2012 H1 2011 Change
Revenue $173mn $156mn 11%
EBITDA $44mn $39mn 13%
EBIT $40mn $35mn 14%
EBIT Margin 23.1% 22.7% +40 bps
Overview
• USA based Columbia Analytical Services acquired in October 2011
• Strong position in the Australian water market
• New Bangkok laboratory fully commissioned
• Successful integration of EML in Australia
• Costs continued to be monitored and improved in North America contributing to
improved margin
• New 42,000 ft2 company owned laboratory under construction in Calgary (Canada)
10
Coal Division
H1 2012 H1 2011 Change
Revenue $39mn $36mn 9%
EBITDA $10.7mn $9.8mn 9%
EBIT $9.6mn $8.7mn 10%
EBIT Margin 24.4% 24.1% +30 bps
Overview
• South African volumes recovering and margins acceptable
• Australian business results in line with previous half year despite impact of the
Queensland floods
• Anglo Coal outsourcing contract commenced in July 2011
• Brisbane hub laboratory fully commissioned and operational
11
Tribology Division
H1 2012 H1 2011 Change
Revenue $15.1mn $15.9mn (5%)
EBITDA $3.1mn $2.2mn 41%
EBIT $2.8mn $1.9mn 48%
EBIT Margin 18.6% 12.0% +660 bps
Overview
• Improved performance in most regions saw increased revenue and margins in local
currencies
• Common LIMS now fully operational globally
• Margin in North America significantly improved as a result of cost saving strategies
12
Industrial Division
H1 2012 H1 2011 Change
Revenue $60mn $57mn 5%
EBITDA $9.7mn $8.3mn 17%
EBIT $8.3mn $7.0mn 18%
EBIT Margin 13.7% 12.1% +160bps
Overview
• Pearlstreet Energy Services successfully divested for $4.1mn
• Asset Care model in place
• Austpower acquisition in October 2011
• Sydney relocated to new premises
13
Chemical Division
H1 2012 H1 2011* Change
Revenue $45mn $74mn (39%)
EBITDA $3.7mn $6.1mn (39%)
EBIT $3.3mn $4.4mn (26%)
EBIT Margin 7.3% 6.0% +130 bps
Overview
• Significant reduction in revenue due to divestment of Cleantec business
• Improvement in margins achieved in remaining chemical businesses
* Includes full six months of Cleantec
business sold to Ecolab Inc. in December
2010
14
Reward Division
H1 2012 H1 2011* Change
Revenue $67mn $59mn 14%
EBITDA $2.5mn ($1.1mn) NA
EBIT $2.0mn ($1.8mn) NA
EBIT Margin 3.0% (3.0%) +600 bps
Overview
• Business returned to profitability under new management team
• Trading conditions challenging
• Business simplified and focused
* H1 2011 includes $2.37 mn in sales from
Reward New Zealand. Reward New Zealand
operations were sold in April 2011