For personal use only 16 September 2009 Company Announcements - PDF document

For personal use only 16 September 2009 Company Announcements Office Australian Securities Exchange - ASX Limited Exchange Centre Level 4, 20 Bridge Street Sydney NSW 2000 Via e-lodgements: Sequence #472 Dear Sir / Madam RE: Please find attached presentation slides used for an Investor briefing given today by the CFO of the Company to Market Analysts. Yours faithfully John E. Hartigan Company Secretary Coffey International Limited ABN 16 003 835 112 Level 3, Tower 1, 495 Victoria Avenue Chatswood NSW 2067 Australia T (+61) (2) 8404 4300 F (+61) (2) 9419 5689 www.coffey.com

For personal use only COFFEY INTERNATIONAL LIMITED (ASX: COF) COFFEY INTERNATIONAL LIMITED (ASX: COF) ABN Amro Investor Presentation Urs Meyerhans, Chief Financial Officer Urs Meyerhans, Chief Financial Officer 16 September 2009

Agenda Agenda For personal use only • Company snapshot • Financial snapshot • Financial snapshot • Our services and sectors • Strategy • Outlook

Company snapshot p y p For personal use only

Company snapshot Company snapshot For personal use only • A diversified professional services firm • Delivering projects globally in engineering / environment / mining / developing countries • 9 Specialist service lines • Providing services in 4 key sectors Providing services in 4 key sectors – Infrastructure, Resources, Government and Property • Operating across 4 regions in 80+ countries Operating across 4 regions in 80 countries – Asia Pacific, Americas, Europe & Middle East, and Africa • ~4,000 employees worldwide • FY09 revenue $808.7m with 5 year CAGR of 48% • FY09 EBITDA* $56.0m with 5 year CAGR of 34% * Pre share- based payments and vendor earn-out expenses (“pre SBP & VEO”) 4

Building a global company Building a global company For personal use only 2009 - Revenue: $808.7m 2004 – 2008 - EBITDA: - Grows $56.0m revenue from -Employees: $131.3m in ~4,000 2004 to 2003 $558.6m in - Revenue: 2008 $110.9m -Grows - EBITDA: EBITDA* from 2000 $9.4m $12.3m in - Revenue: -Employees: 2004 to $66.0m ~600 $49.8m in - EBITDA: $5.8m $ - Coffey joins C ff j i 2008 2008 - Coffey acquires 1990 the Standard - Coffey SAGRIC - Revenue: & Poor’s ASX acquires 30 International and $22.8m 300 in companies 1959 expands - EBITDA: September September C ff Coffey presence in $6.3m established International - Employees: by founder Development ~150 David market - Coffey lists Coffey Coffey on the ASX 5

Financial snapshot p For personal use only

Financial snapshot Financial snapshot For personal use only Revenue ($M) Operating EBITDA* ($M) 900 60 56.0 808.7 808.7 800 49.8 50 700 298.3 600 40 558.6 500 29.1 182.0 30 400 24.2 362.7 17.5 80.8 300 300 20 20 251 9 251.9 510.4 41.0 170.0 200 376.6 10 29.0 281.9 100 210.9 141.0 0 0 FY05 FY06 FY07 FY08 FY09 FY05 FY06 FY07 FY08 FY09 Fee Revenue Reimburseables Operating EBITDA* p g * pre SBP & VEO 7

Financial snapshot Financial snapshot For personal use only Earnings Per Share (Basic) (CPS) Dividends Per Share (CPS) 18 18 16.5 15.8 15 8 16.0 16 0 16 16 15.0 14.5 13.9 14 14 13.0 13.0 12 12 10.5 10 9.3 10 8 8 6 6 6 6 4 4 2 2 0 0 FY05 FY06 FY07 FY08 FY09 FY05 FY06 FY07 FY08 FY09 Earnings Per Share (Basic) g ( ) Dividends Per Share 8

Share price performance Share price performance For personal use only 1000% 800% 800% 600% 400% 200% 0% -200% 2003 2004 2005 2006 2007 2008 2009 COF All Ordinaries 9

Recap of FY09 Recap of FY09 For personal use only • Year of 2 Halves – Apart from Q3 the profit result was strong • Strong cash flow despite challenges due to GFC impact on some clients • Sustainable cost efficiencies identified and implemented • Balance sheet remains strong • • Bank facility to 2012 with cash and debt capacity of $107m available Bank facility to 2012 with cash and debt capacity of $107m available Operating Performance* 40% 40% Operating 30% rmance 20% % Total O Perfor 10% 0% Q1 Q2 Q3 Q4 Consulting International Development Project Management * Based on management accounts 10

Our services and sectors For personal use only

12 Our services and sectors Our services and sectors For personal use only

How our revenue is derived How our revenue is derived – by region and by sector by region and by sector For personal use only Total Revenue Total Revenue 100% 900 90% 90% 800 800 80% 700 70% 600 60% 60% 500 A$m 50% 400 40% 300 30% 200 20% 100 10% 0% 0 FY08 FY09 FY08 FY09 Government Infrastructure Asia Pacific Americas Property Resources Europe & Middle East p Africa * pre SBP & VEO 13

Divisional Analysis Divisional Analysis For personal use only Operating EBITDA (pre vendor earn- Fee Revenue Fee Margin out & vendor share based payments) 12 months to 30 June 2009 2008 Change 2009 2008 2009 2008 ($m) Consulting Consulting 44 2 44.2 48 7 48.7 (9 2%) (9.2%) 283.2 283 2 251 3 251.3 15.6% 15 6% 19 4% 19.4% International Development 25.2 8.3 203.6% 151.9 65.5 16.6% 12.7% Project Management 13.4 10.7 25.2% 75.2 59.8 17.8% 17.9% Unallocated U ll d (26.8) (26 8) (18.0) (18 0) 48 9% 48.9% - - - - Total 56.0 49.8 12.5% 510.4 376.6 11.0% 13.2% 14

Consulting Overview Consulting Overview For personal use only Consulting Operating EBITDA* down 9.2% to $44.2m in FY09 • Some sectors declined Operating EBITDA* 60 significantly due to the GFC – Commercial Property and Mining CAGR 30.6% 48.7 50 sectors 44.2 – Infrastructure project delays / 40 40 postponement postponement 32.7 • Slump due to weak demand in Q3 30 $m rebounding in Q4 as government 22 1 22.1 and private sector infrastructure 20 15.2 projects came on-line • Redundancies during March / Redundancies during March / 10 April 2009 0 • Two small bolt-on acquisitions FY05 FY06 FY07 FY08 FY09 * Pre VEO & SBP 15

For personal use only • A leading specialist consultancy in environmental, workplace health and safety, and sustainable engineering services Revenue contribution • Projects include: • Dept of Defence – p asbestos assessment and 20% management • • Colonial First State Colonial First State - level level 50% 3 energy audits 15% • Mobil – assessment and remediation work 15% • Chevron – Gorgan & Wheatstone projects OHS Wheatstone projects OHS services Resources Infrastructure Government Property 16

For personal use only • A specialist ground engineering consultancy Revenue contribution • Projects include: • Spadina Toronto rail tunnel – geotechnical investigation and geotechnical investigation and 0% 0% 10% advice • RTA (NSW) Tarcutta and Ballina 30% alliances – geotechnical g investigation, design and construction advice • Chevron Wheatstone project – near shore and onshore geotechnical h d h h i l 60% investigation and advice • Sydney metro (Thiess / John Holland – tender design and advice Holland – tender design and advice on primary route infrastructure Resources Infrastructure Government Property 17

For personal use only • An industry-leading specialist in scientific testing solutions Revenue contribution • Projects include: • Northern Hume Alliance – 5% construction materials 20% testing • • Coopernook to Herons Coopernook to Herons Creek (Thiess) – construction and materials testing t ti 75% • Ballina Bypass Alliance – construction materials construction materials testing Resources Infrastructure Government Property 18

For personal use only • A global specialist consultancy providing a wide range of technical services and products to all sectors of the international mining industry • Projects include: Revenue contribution • Citadel Resources – definitive feasibility study in Saudi Arabia • • TransAfrica Resources TransAfrica Resources – exploration management services in West Africa • Waratah Coal – mine design studies 100% Resources Infrastructure Government Property 19

For personal use only • A specialist environmental and social impact assessment consultancy servicing the mining, oil and gas and infrastructure sectors • Projects include: Revenue contribution • Arrow Energy gas field development – 10% environmental impact statement (EIS) ( ) • Shell – EIS preparatory requirements • • ExxonMobil PNG LNG ExxonMobil PNG LNG Project – environmental and 90% social impact assessment and environmental and environmental management Resources Infrastructure Government Property 20

For personal use only • Specialist engineering consultants providing quality strategic, modelling, design, management and implementation services to the rail industry • Projects include: Revenue contribution • Dept of Transport (Vic) Eltham stabling and signalling – concept & detailed signalling, track and civil design • Dept of Transport (Vic) metro replacement project – 50% 50% engineering management and design • Dept of Infrastructure, Energy & Resources (Tas) rail track upgrade – advice, design and construction supervision Resources Infrastructure Government Property 21