1QFY2012 RESULTS BRIEFING Financial Highlights 1QFY2012 14 MAY 2012
Robust Revenue Growth with Successful Execution of Various Contracts in Asia 1QFY2012 Highlights Revenue up 29.1% to US194.4 million Net profit up 5.9% to US12.5 million Gross profit margin up 3.6 percentage points to 19.8%…
Financial Highlights at a Glance US (million) 1QFY2012 1QFY2011 Change (%) Revenue 194.4 150.6 29.1 Gross Profit 38.4 24.4 57.3 Gross Profit Margin (%) 19.8 16.2 3.6 pp Profit before tax 17.3 13.5 27.9 Net Profit 12.5…
Revenue Revenue Trend Growth in revenue in current quarter due to progressive revenue recognition from the various contracts warded to the Group in 2010 and 2011 Contracts awarded were concentrated in South East Asia and South Asia…
Net Profit Net Profit Trend Increase in net profit in current quarter due to higher gross profit and lower other finance costs USm 60 50 654.5 40 49.7 42.2 30 39.4 h 39.5 39.0 Growt 465.7 5.9% 20 428.4 393.4 10…
Statement of Financial Position USm 31 Mar 2012 31 Dec 2011 Change (%) Cash & Bank Balances 139.3 116.5 19.6 Trade receivables and CWIP 340.2 281.4 20.9 Current assets 738.2 608.4 21.3 654.5 Non-current assets 709.3 766.5 - 7.5…
Key Financial Ratios Key ratios 31 Mar 2012 31 Dec 2011 Change(%) NAV per share (US cents) 68.7 71.1 - 3.4 654.5 Key ratios 31 Mar 2012 31 Mar 2011 Change (%) Net Debt / Equity 49.7 (times) 0.80 1.03 - 22.3 Return on Equity (%)…
Cashflow Statement US000 1QFY2012 1QFY2011 Operating cashflow before movement in working capital 31,182 16,276 Net cash (used in)/ generated from operating activities (42,257) 11,006 Net cash (used in) investing activities (26,810)…
Strong and Growing Order Book Order Book Trend USm 1300 1100 900 654.5 700 49.7 500 FY2010 1QFY2011 2QFY2011 3QFY2011 FY2011 1QFY2012 As at May 2012, the Groups order book stands at approximately US1.2 billion Order…
1QFY2012 RESULTS BRIEFING Corporate Highlights 1QFY2012 14 MAY 2012
Larger Contracts, New Markets Contract Wins Date Contract Win Amount March 26 Offshore construction works for procurement, transportation and installation US273 million of pipeline in Gulf of Mexico March 6 Charter contracts for…
FY2012-FY2013 Vessel Delivery Plan VESSEL NAME 2012 2013 Derrick Crane Barge Swiber Kaizen 4000 1 VESSEL NAME 2012 2013 Submersible cum Launch Barge Holmen Pacic 1 Total 1 1 49.7
1QFY2012 RESULTS BRIEFING Industry Outlook 14 MAY 2012
Demand, Supply, Prices World Oil Demand IEA forecasts global oil demand to rise to 89.9 mb/d in 2012 A gain of 0.8mb (0.9%) from 2011 OPEC forecasts global oil demand to rise to 88.7mb/d in 2012 A gain of 0.9mb (1.0%) from…
Demand, Supply, Prices World Oil Supply Non-OPEC supply fell by 0.5 mb/d to 52.7 mb/d in March 2012 OPEC supply held near three-and-a-half year highs, up by 135 kb/d to 31.43 mb/d in March 2012 Source: International Energy Agency…
Offshore Exploration & Production Global Offshore Capex Offshore Capex for all regions is expected to reach US213 billion this year and US297 billion in 2016 Source: IHS Upstream Spending Report (May 2012) Asia offshore capex to…
Offshore Exploration & Production Oil Production Trends Offshore capex split by water depth Source: E&P Magazine, Infield Source: E&P Magazine, Infield Shallow Water Fields More than 1,000 offshore oil fields that are forecast…
1QFY2012 RESULTS BRIEFING Strategy & Outlook 14 MAY 2012
Locations, Partnerships, Alliances Markets we are targeting Markets where Swiber has offices/presence China Mexico Vietnam Myanmar West Africa Brunei Brazil Indonesia Australia Middle East India Singapore Malaysia
Strategy & Outlook Strengthen our position as an experienced and reputable offshore service provider in the market Well positioned to bid for major contracts Continue to focus on penetrating into new markets Prudent in managing…