Seven : Presentation of Half Year Results

For personal use only

22 February 2022

Company Announcements Office

Australian Securities Exchange Limited

20 Bridge Street

SYDNEY NSW 2000

PRESENTATION OF HALF YEAR RESULTS

Seven Group Holdings Limited (ASX: SVW) attaches the results presentation slides for the half year ended 31 December 2021.

This release has been authorised to be given to ASX by the Board of Seven Group Holdings Limited.

For further information, please contact:

Mark Ley

Head of Investor Relations and Communications

M: 0411 139 134

1. [e-mail]

Seven Group Holdings Limited (SGH) is a leading Australian diversified operating and investment group with market leading businesses and investments in industrial services, media and energy. In industrial services, WesTrac Group is the sole authorised Caterpillar dealer in Western Australia, New South Wales and the Australian Capital Territory. WesTrac is one of Caterpillar's top dealers globally (by sales value). SGH owns Coates, Australia's largest nationwide industrial and general equipment hire business. SGH also has a 69.6% shareholding in Boral, a leading building products and construction materials group. In energy, SGH has a 30.0% shareholding in Beach Energy and has interests in oil and gas projects in Australia and the United States. In media, SGH has a 39.19% shareholding in Seven West Media, one of Australia's largest multiple platform media companies, including the Seven Network, 7plus and The West Australian.

Seven Group Holdings Limited | ABN 46 142 003 469

Level 30, 175 Liverpool Street, Sydney NSW 2000 | Postal Address: PO Box 745, Darlinghurst NSW 1300

Telephone [phone]

personal use only

Investor Presentation for the half-year ended 31 December 2021

SGH |	Industrial Services, Media,
Energy and Investments

22 February 2022

HY22 Results Presentation

22 February 2022

HY22 HIGHLIGHTS
Growth driving strong performance
only	3
•	Revenue1 of $3,956m
	- Up 68% on a reported basis
	- Up 3% on a pro-forma basis2
•	EBIT of $511m
use•	- Up 29% on a reported basis
EPS3 80 cents up 10%
	- Up 6% on a pro-forma basis2
•	NPAT3 $302m up 22%
•	Statutory NPAT $1,221m up 236%
personal	Statutory EPS 324 cents up 203%
•

Delivering shareholder value with disciplined approach to portfolio management

Deleveraging with Boral capital return and Coates USPP repaying the Bridge

1 Excluding discontinued operations.

2 For pro-forma details, refer slide 22.

3 Excluding discontinued operations, property and significant items.

HY22 Results Presentation	Seven Group Holdings	3
22 February 2022

GROUP OVERVIEW PEOPLE, SAFETY AND CULTURE

Safety of our people is always our top priority

• Mixed safety results during the period impacted by labour constraints, onlyadditional use of contractors, and increased activity
• Coates has responded to an increase in LTIFR and TRIFR with a safety intervention plan, which is delivering improving trends
• Mental health and wellbeing remains a key focus across all business units

Investing in skills to address labour market shortages
use	WesTrac increasing investment in skills development with trade
•
	upgrades, apprenticeships, training and leadership programs
•	Enhanced referral programs having some success
•	Completed training for over 100 Rio Tinto employees on Automated
personal	Haulage Systems at WesTrac Technology Training Centre
Coates have established equipment maintenance co-ordinator roles to
•

support its more experienced, trade-qualified workforce

	LTIFR		TRIFR
	Dec-21	Dec-20	Dec-21	Dec-20
WesTrac WA	0.2		0.9	6.7		6.0
WesTrac NSW	0.3		0.0	5.8		5.3
Coates	2.9		0.6	10.9		5.7
SGH operated Total	1.1		0.6	7.7		5.6
Boral	2.6		2.7	10.9		11.6
Group Total	1.9		1.7	9.3		8.8

Notes:

• Lost time injury frequency rate (LTIFR) = number of work-related injuries that resulted in time lost from work per million hours worked
• Total recordable injury frequency rate (TRIFR) = number of work-related recordable injuries per million hours worked
• Statistics are calculated on a rolling 12 months basis and results for previous periods may be adjusted following post-incident investigation and review
• Dec-20LTIFR and TRIFR Group Totals have been calculated on a pro- forma basis to include Boral statistics

HY22 Results Presentation	Seven Group Holdings	4
22 February 2022

GROUP OVERVIEW SUSTAINABILITY AND COMMUNITY

Ongoing focus on Sustainability

only	Sustainability Report released outlining ten material issues and
•
	additional TCFD disclosures
•	Developing metrics, targets and roadmaps for waste & water
•	Emissions reduction roadmap underway including the Port Hedland
	solar panel installation and electric vehicle trials
•	Boral established Industry leading 2030 emissions reduction targets
	approved by Science Based Targets Institute
Caterpillar leading decarbonisation in the mining industry
•	Deploying zero-emissions CAT 794 ultra-class trucks from 2027
use•	CAT working with BHP, RIO and Newmont to deliver the mining fleet of the future
Launch of Coates corporate giving program, extension of the Coates
personal
Reconciliation Action Plan (RAP) and commencement of the WesTrac RAP
Newly installed Port Hedland solar panels	Coates giving program delivering gifts to Mission Australia at Mt Druitt

SGH's Sustainability Report

released on 30 September 2021, outlined the Group's approach to its most material issues:

1. Safety
2. Energy & Emissions
3. Water & Waste
4. Materials
5. Technology & Innovation
6. Diversity
7. Employment
8. Training
9. Indigenous Inclusion
10. Local Communities