QUBE HOLDINGS LIMITED Qube Holdings Limited
Investor Presentation
FY 16 Interim Results
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Disclaimer - Important Notice
ABN 141 497 230 53
The information contained in this Presentation or subsequently provided to the recipient whether orally or in writing by, or on behalf of Qube Holdings Limited (Qube) or any of its directors, officers, employees, agents, representatives and advisers (the Parties) is provided to the recipient on the terms and conditions set out in this notice.
The information contained in this Presentation has been furnished by the Parties and other sources deemed reliable but no assurance can be given by the Parties as to the accuracy or completeness of this information.
To the full extent permitted by law:
no representation or warranty (express or implied) is given; and
no responsibility or liability (including in negligence) is accepted,
by the Parties as to the truth, accuracy or completeness of any statement, opinion, forecast, information or other matter (whether express or implied) contained in this Presentation or as to any other matter concerning them.
To the full extent permitted by law, no responsibility or liability (including in negligence) is accepted by the Parties:
for or in connection with any act or omission, directly or indirectly in reliance upon; and
for any cost, expense, loss or other liability, directly or indirectly, arising from, or in connection with, any omission from or defects in, or any failure to correct any information, in this Presentation or any other communication (oral or written) about or concerning them.
The delivery of this Presentation does not under any circumstances imply that the affairs or prospects of Qube or any information have been fully or correctly stated in this Presentation or have not changed since the date at which the information is expressed to be applicable. Except as required by law and the ASX listing rules, no responsibility or liability (including in negligence) is assumed by the Parties for updating any such information or to inform the recipient of any new information of which the Parties may become aware.
Notwithstanding the above, no condition, warranty or right is excluded if its exclusion would contravene the Competition and Consumer Act 2010 or any other applicable law or cause an exclusion to be void.
The provision of this Presentation is not and should not be considered as a recommendation in relation to an investment in Qube or that an investment in Qube is a suitable investment for the recipient. References to 'underlying' information is to non-IFRS financial information prepared in accordance with ASIC Regulatory Guide 230 (Disclosing non-IFRS financial information) issued in December 2011. Non-IFRS financial information has not been subject to audit or review. 2
H1 - FY 16 Highlights
Financial Performance
Delivered solid underlying group earnings in challenging environment
Continued focus on costs and operating efficiency to mitigate lower volumes and revenue
Operations continue to deliver strong cashflows
Business Operations
Maintained competitive position through innovative, quality logistics solutions
Organic growth in customer base with no major customer losses
Further investment to support new contracts
Completion of new facilities in Fremantle, Vic Dock and Darwin to drive further margin improvement
Growth
Initiatives
Finalised early lease surrender with market surrender payment and site vacation of tenant at Moorebank.
Creates ability to market existing and new warehousing to target tenants for integrated logistics solution
New Proposal being progressed to acquire the Patrick Container Terminals in a 50/50 joint venture with Brookfield consortium. Transaction expected to deliver substantial synergies and earnings accretion to Qube
Challenges
Operating environment remains challenging, particularly for resources and oil and gas related activities
Trading and economic conditions not expected to improve in remainder of FY 16
3
Continued Focus on Safety
25.0
LTIFR Qube Holdings
21.2
20.0
16.8
16.1
16.7
15.0
13.5
11.6
10.0
6.6
4.6
5.0
3.2
1.9
0.0
FY 07 FY 08 FY 09 FY 10 FY 11 FY 12 FY 13 FY 14 FY 15 H1 - FY 16
LTIFR - Lost Time Injury Frequency Rate
Continued to improve
safety record
41% improvement in LTIFR from FY 15 to H1 - FY 16
91% improvement in LTIFR since Qube's establishment in 2007
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Qube Holdings Limited issued this content on 24 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 February 2016 15:05:33 UTC
Original Document: http://qube.com.au/downloads/announcements/FY_16_Interim_Results_Presentation.pdf
