12-June-2020:  Seven Group Holdings Investor Presentation

08-Apr-2020:  COVID-19 Update and Withdrawal of FY20 Guidance

Excerpts:

“To date, COVID-19 has had limited impact on WesTrac, where mining and construction activities have, at this stage, been largely unaffected with year-to-date revenue up 15 per cent on prior period and 5 per cent on budget.  Coates Hire’s general hire operations continue to perform broadly to expectations, however, events revenue has been curtailed. Coates Hire’s year-to-date revenue is up 3 per cent on prior period and down 1 per cent on budget. Both businesses continue to provide essential services to support the resources and construction industries, and State Governments, to ensure that our support of critical services continue.”

SGH is in a strong position. The company has $803 million of undrawn facilities and cash of which  $430 million is committed. Furthermore, the next substantial refinancing is due in 18 months with the average duration of the drawn debt being 3.5 years. As a policy, we retain a $300 million crisis liquidity buffer to ensure the company has sufficient liquidity to support our operations through any government mandated actions.  The company will pay the 21cps fully franked interim dividend on 20 April as previously announced. 

Our businesses which include WesTrac, Coates, Allight, and interests in Seven West Media and Beach each provide essential services to help support Australia through this current COVID-19 pandemic. These services include critical support to key areas including the resources and construction sectors, provision of domestic gas, and informing the public through news and information.

However, the measures put in place by Governments have suppressed the short term outlook for non-essential services including impacting the advertising market and major sporting events and thus our earnings referable to Seven West Media. The fall in oil price will also impact our earnings from Beach Energy. Both businesses have independently amended their guidance.

--- click on link above for the rest of this announcement ---

21-Aug-2019:  Appendix 4E & Year End Results Announcement

Seven Group Holdings 2019 Annual Report

Presentation of Year End Results

Year End Presenters' Notes

Highlights of the result are:

• Trading revenue of $4.1 billion, up 27 per cent on prior comparative period (pcp);
• Underlying earnings before interest and tax (EBIT) of $695 million, up 40 per cent on pcp;
• Operating cash flow of $411 million, up 62 per cent on pcp;
• Underlying net profit after tax (NPAT) of $479 million, up 49 per cent on pcp;
• Underlying earnings per share (EPS) up 47 per cent to 143 cents per share;
• Fully franked final dividend maintained at 21 cents per share;
• Statutory EBIT of $436 million impacted by significant items of $291 million relating to SWM. 

 
Commenting on the results, Ryan Stokes, Managing Director & Chief Executive Officer said:  
 
“The strong underlying result reflects the level of operating performance achieved by our businesses across three growth areas of mining production, infrastructure investment, and east coast gas demand. 
 
Our people are committed to supporting our customers, helping them to drive outcomes and efficiency through quality products, cutting-edge technology and high standards of after-sales support. We are proud of the work of our people across our businesses that has supported the results this year and helped ensure our businesses maintain leadership in their respective markets with a strong value proposition. 
 
Our objective is to grow shareholder returns and ensure our businesses continue to perform and deliver market-leading positions”. 

23-Feb-2019:  On Wednesday (20th Feb) SGH (Seven Group Holdings, ASX: SVW) released their H1FY19 results.  You can click on the following links to view the various documents / reports / presentations:

Half Year Results Media Release (2 pages)

Half Year (Interim) Results Presentation (29 pages) titled "Focus on Execution"

Half Year Results Presenters' Notes (11 pages)

Half Yearly Reports and Accounts (34 pages)

They maintained their dividend at 21 cps FF.

Highlights of the result are:

• Trading revenue of $2 billion, up 45 per cent on prior comparative period (pcp);
• Underlying earnings before interest and tax (EBIT) of $375 million, up 68 per cent on pcp;
• Underlying net profit after tax (NPAT) of $257 million, up 61 per cent on pcp; statutory NPAT of $60 million impacted by non-cash significant items including a $225 million mark-to-market impairment of Seven West Media;
• Underlying earnings per share (EPS) up 59 per cent reflecting strong operational performance coupled with effective capital management;
• Fully franked interim dividend of 21 cents per share;
• Operating cash flow of $232 million, up 106 per cent on pcp. 

SGH Group Managing Director & Chief Executive Officer, Ryan Stokes said SGH’s strong operational performance continued during the period with substantial growth in revenue, EBIT and operating cash flow.

“The result reflects the breadth, and operational focus, of our diverse businesses that are leveraging the strength of the mining production cycle, infrastructure investment and East Coast gas fundamentals. WesTrac achieved continued parts growth, including strong demand for autonomous technology conversion kits. Coates Hire competed aggressively, growing market share and maintaining a continued focus on operational efficiency."
 
"Our strategic investment to capture exposure to East Coast gas demand has delivered with Beach reporting production above expectations and a shift in production mix to greater than 60 per cent gas post the Lattice acquisition." (Continues)

The closed +12.2% higher on the day (20th Feb) and were up +11.3% for the week.

19-Feb-2020:  Interim Results Announcement

Appendix 4D & Half Year Financial Report

Presentation of Half Year Results: "Leading The Way Forward"

Half-Year End Results Presenters Notes

16-Jan-2019:  Briefly, exposure to oil/gas (including 28.57% of Beach Energy - BPT), exposure to mining and construction via Cat dealerships in WA, NSW & ACT (WA=WesTrac) and Coates Hire, plus exposure to media (40.88% of Seven West Media, SWM, Channel 7 should do well in 2019 vs 9 & 10), plus this is Kerry and Ryan Stokes' main listed company, and you can do worse than follow a self-made billionaire like Kerry Stokes.

Recently traded at over $22 (in October) - and now back to just above $15 - due to shift in sentiment (energy + mining).  May well be heading back up if Trump and Jinping do a trade deal.

http://www.westrac.com.au/Industries/Pages/Earthmoving-Equipment.aspx

http://www.coateshire.com.au/

http://www.sevengroup.com.au/

http://www.sevengroup.com.au/our-investments/sgh-energy