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Join our knowledgeable presenters for insights on company structure, young talent footprint, industrial prospects, and financial highlights from 2008. Discover exciting growth opportunities in various sectors such as roads, civils, building, and more.
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Welcome to 2008 Analysts Presentation
PRESENTERS: • Mike Wylie - Chairman • Louwtjie Nel - CEO • Kobie Botha - EXCO, MD Roads & Earthworks • Paul Foley - EXCO, MD Civil & Building • Savannah Maziya - Main Board non-executive
AGENDA: • BEE - Mike Wylie • Company structure - Mike Wylie • Current contracts - Paul Foley & Kobie Botha • Prospects - Louwtjie Nel • Industrial - Mike Wylie • Financial highlights - Savannah Maziya
COMPANY STRUCTURE
Retire at 60 Coaching from 60 Aus, Capital Africa, etc Aus, Capital Africa, etc YOUNG TALENT
CAPITAL AFRICA STEEL CARACAL 10% WBHO 50% BRAIT 40% CAPITAL AFRICA STEEL 3Q CONCRETE 60% RMS 100% DIWIDAG 50% STAR STEEL 95% SYMO 100%
PROSPECTS • Roads & Civils • SANRAL and Provincial Roads - R50 B • DWAF – new and refurbished dams - R 1 B • Transnet and Portnet - R40 B • Gas and petroleum pipelines - R 9 B • ACSA airports - R 8 B • Mining and infrastructure RSA, Ghana,DRC, • Zambia - R 1 B
PROSPECTS • Civils • Medupi and Kusile power stations - R 7 B • Nuclear 1 - R 10 B • SASOL expansion projects - R 5 B • Mining contracts - R 2 B • Coega – Petrosa and biofuels - R 1 B
PROSPECTS • Building • PPP’s – Healthcare and prisons - R10 B • ACSA – Midfields - R20 B • Retail – Upgrades and regional malls - R 7 B • Corporate office blocks - R 1 B • Hotels - R 1 B • Convention centres - R 2 B • Government – National archives - R 2 B • UAE, Mauritius, Zambia
PROSPECTS • Probuild • Retail - R 4 B • Commercial - R 7 B • Residential - R 3 B • Airports - R 3 B • Education - R 3 B
FINANCIAL HIGHLIGHTS
We have grown our revenue by 33% from R8.1b by R2.7 b to R10.8 b last year we grew by R2.3 b some 40%
Our operating margin achieved 8.4% on R10.8 b last year it was 5.1% on R8.1 b
Our compound growth in headline earnings has been 36% per annum since listing
HIGHLIGHTS • WBHO’s earnings per share have improved by 160% • In January 2008 we restructured CAS and reduced our investment to 50%, giving rise to R93 m profit and CAS then became an associate • Headline earnings per share are up 147% after adding back impairment of goodwill and deducting the profit on the sale of CAS and profit on the sale of assets • Balance sheet and cash balances remain strong
RELY ON OUR ABILITY QUESTIONS ?