Matrix Composites & Engineering Ltd Euroz 2015 Industrials Tour 10 June 2015
Overview Introduction to Matrix Business Operations and Outlook Plant Tour 2
Introduction to Matrix WHO WE ARE AND WHAT WE DO
Who we are 0.8 Board & Management 1.4 0.6 Peter Hood Chairman 1.2 Aaron Begley Managing Director Share price () Volume (m) 0.4 0.9 Duncan Clegg Non-Executive Director Steven Cole Non-Executive Director 0.2 0.7…
What we do Matrix manufactures and supplies engineered products and integrated services to the global oil and gas industry - Capital Drilling Equipment, SURF & Subsea Solutions, Well Construction Products & Offshore Services…
Matrix History 1980 TO 2015 Acquired Begley Henderson plant Engineering and completed. Phoenix Polymers Established US office. Begley Engineering Malaga & Listed on ASX as Henderson established Key processes and MCE operations…
Matrix today OUR HENDERSON FACILITIES 7
Key Operating Metrics Annual Buoyancy Capacity 20,000 units FY15 Utilisation 50 per cent FTEs 250 Perth, Western Australia Alnwick, United Kingdom Operating Locations Houston, USA Agents in Singapore, Korea, China and India…
Business Operations & Outlook
Matrix Group BUSINESS STRUCTURE Matrix Composites & Engineering SURF Well Offshore Products Construction DRBM Centralizers CDE/ Tubular services Products 10
Matrix Group SOLUTIONS FOR THE GLOBAL ENERGY INDUSTRY Offshore Drilling Riser Buoyancy Riser buoyancy provides partial flotation for marine riser systems. Allows the rig to deploy, operate and recover the riser to the depth capability…
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Servicing the Global Energy Industry OUR CLIENTS 13
Outlook OFFSHORE Backlog in excess of US90m Falling oil price has resulted in rig cancellations, delayed order conversions and accelerated fleet retirements Near term outlook (Graph 1) supports current production rate Longer term…
Outlook SURF PRODUCTS Delays expected in short term FPS and Graph 4: FPS Expenditure (%) by REGION 2013-17 deepwater developments. Australasia gaining Middle East North & Caspian Africa America market share for FPS Sea 5% 13%…
Outlook SURF PRODUCTS Graph 6: Offshore Backlogs: OFS Majors Backlog and forecast data supports increased subsea Capex spend to 2020 (Graph 6) Deepwater FPS developments 1500msw exhibit strongest expected growth of 33% total…
Outlook WELL CONSTRUCTION Centralizers convey well screens, completion tools strings and casing an tubing screens into deviated/ 16,000 Oil Wells drilled by Region challenging horizontal wellbores 14,000 No. Horizontal Oil…
Strategy Strategy Activities Volume Growth Pursue product diversification Application of new products in new industries Technical innovation to drive volume Operational Cost down initiative Improvement Ongoing plant optimisation…
Contact details Peter Tazewell Chief Financial Officer T +61 8 9412 1200 peter.tazewellmatrixengineered.com 19
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