Important information Certain statements in this presentation are forward looking statements. By their nature, forward looking statements involve a number of risks, uncertainties or assumptions that could cause actual results or events…
AMEC plc Annual General Meeting 2009 Samir Brikho, Chief Executive
2008: Another year of record performance Revenues +11% Pre-tax profit +66% EBITA margin 7.1% Dividends per share +15% Year end net cash 765m Order book* c.3 billion A year of significant progress * Natural Resources and…
Differentiating AMEC Journey to 2010 started in December 2006 First stage of journey complete 2008 margin target upgraded to 6.5% Outturn 2008 margin 7.1% EBITA margin development 10 Second stage well advanced 8 target…
Differentiating AMEC: the journey so far Markets Performance Business model Improving Positioning Delivering Order book Services Customers 6
Markets Leading positions in long-term growth markets Renewables Ontario: wind farm delivery Power UK/US: high voltage power transmission lines Gas UK: gas storage Oil and Gas and transmission Services Worldwide: Oil…
Business model Improved risk/reward Mid-late cycle play AMEC involvement generally after project go-ahead Balanced portfolio Capex/Opex Natural Resources 55%/45%* Balanced portfolio Power and Process 52%/48%* with managed risk…
Services Increasing differentiation New services Improved geographic footprint Nuclear tier 1 services E.Europe AllDeco provides leading market position Duty holder services US Acquisitions including Geomatrix In-situ oil sands Abu…
Customers Blue-chip customer base Natural Resources Vast majority of revenues from IOCs* Strong growth in revenues from select NOCs** Well financed Focus on long-term fundamentals Power and Process Over 66% of revenues from…
Order book World class projects Natural Resources BP: Global agreement Imperial Oil: Engineering and project management services PotashCorp: Engineering and project management services Power and Process UK NDA: Sellafield…
Performance Self-help programmes STEP Change Scope covered Central costs only Net benefits of 40 million* exceeded expectations Operational Excellence 2-3 year programme commenced in September 2007 Same STEP Change tool Same…
Performance Operational Excellence Looking after the future 75% of tasks* completed Major areas of focus include: Engineering delivery assurance system Project sponsorship Global network of engineering centres Customer key…
People The basis of the business Connacher considers AMECs in-situ oil sands business to be a Best in Class provider of design and engineering services Peter D. Sametz Executive Vice President and COO Connacher Oil and Gas Limited…
Measured confidence Leading positions in long-term growth markets Business model with improved risk/reward Balanced portfolio of services Diversified blue-chip customer base World class project wins give order book strength…
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