Willbros Group presentation at the 2012 Credit Suisse
Engineering & Construction Conference
http://www.willbros.com
http://phx.corporate-ir.net/phoenix.zhtml?c=95816&p=irol-presentations
The annual report summarizes Zain's performance and financial results for 2007. Key highlights include:
- Revenues increased 32% to $5.91 billion and net income increased 9% to $1.13 billion.
- Zain expanded its presence to 22 countries with over 42.5 million customers through acquisitions and licenses in Iraq, Saudi Arabia, and Ghana.
- The launch of the "One Network" borderless mobile service across Africa demonstrated Zain's innovation.
- The Chairman expresses confidence that Zain will continue its ambitious expansion strategy while maintaining high standards of corporate social responsibility and shareholder value.
oneok ONEOK and ONEOK Partners to Present at AGA Financial Forumfinance20
John Gibson, CEO of ONEOK and ONEOK Partners, presented at the American Gas Association Financial Forum. He discussed recent transactions that transformed ONEOK Partners, including the purchase of assets from Koch Industries that doubled the size of ONEOK Partners. He outlined ONEOK Partners' strategy of continued growth through internal projects exceeding $1.5 billion through 2009. Gibson also reviewed financial results for ONEOK and ONEOK Partners, noting distribution growth, unit price increases, and continued focus on maintaining strong balance sheets and credit ratings.
- Newmont Mining Corporation reported financial and operating results for the second quarter of 2007, with equity gold sales of 531,000 ounces at a cost of $485 per ounce.
- The company provided guidance for full-year 2007 of equity gold sales between 5.2-5.6 million ounces at a cost of $375-400 per ounce.
- Capital expenditures for 2007 are expected to be $1.8-2.0 billion, directed towards major projects including a power plant in Nevada, a gold mill in Peru, and the Boddington project in Australia.
The document provides an overview of AES Corporation's third quarter 2007 financial results. Some key points:
- Revenues increased 18% year-over-year to $3.5 billion while gross margin increased 2% to $840 million. Adjusted EPS was $0.18 compared to $0.30 in the prior year.
- Segment results were mixed - Latin America generation saw declines due to gas curtailments in Chile/Argentina while utilities saw gains from currency effects. North America generation saw improvements from higher prices.
- Cash flow was impacted by the sale of EDC in May 2007. Excluding EDC, cash flows would have been higher year-over-year.
-
Willbros - Capital One Southcoast, Inc Energy Conference PresentationWillbros Group, Inc.
Willbros Group held a presentation at the Capital One Southcoast 6th Annual Energy Conference on December 7, 2011. The presentation contained forward-looking statements and provided an overview of Willbros, including its history, services, markets, backlog, financials, and opportunities. Key points included that Willbros is positioned for growth in utility transmission and distribution buildout, U.S. oil and gas infrastructure like pipelines and shale development, and Canadian oil sands production. The company also discussed debt reduction efforts and improving adjusted EBITDA.
JP Morgan held a road show on the East Coast from August 7-9, 2007 to provide an overview of the company's operations and financial performance. The presentation highlighted that JP Morgan is the world's largest unhedged gold producer with 33.1 million ounces of reserves. It provided guidance for 2007 of equity gold sales between 5.2 to 5.6 million ounces and costs applicable to sales of $375 to $400 per ounce. Capital expenditures for 2007 are estimated to be between $1.8 to $2.0 billion.
Willbros Group at D.A. Davidson's 11th Annual Engineering & Construction Con...Willbros Group, Inc.
Willbros Group is an engineering and construction company that provides services to the oil, gas, and power industries. The presentation discusses Willbros' history, business segments, growth opportunities in areas like utility transmission and Canadian oil sands production, and financial overview. It notes recent accomplishments like debt reduction and a focus on improving underperforming business units. The presentation aims to position Willbros for future success by capitalizing on opportunities in growing energy infrastructure markets in North America.
The document provides highlights from BI&P's 1st quarter 2012 results presentation. Key points include:
- BI&P's credit portfolio grew 8.9% in the quarter and 38.4% over 12 months, reaching R$2.8 billion, with the corporate segment now representing 35% of the portfolio.
- Credit quality continued to improve, with loans rated AA to B increasing to 75.3% of the portfolio.
- The agricultural bonds portfolio grew 77.6% in the quarter to R$230 million, improving BI&P's funding mix.
- Net profit was R$5 million for the quarter, in line with management forecasts given leverage levels and increased loan
The annual report summarizes Zain's performance and financial results for 2007. Key highlights include:
- Revenues increased 32% to $5.91 billion and net income increased 9% to $1.13 billion.
- Zain expanded its presence to 22 countries with over 42.5 million customers through acquisitions and licenses in Iraq, Saudi Arabia, and Ghana.
- The launch of the "One Network" borderless mobile service across Africa demonstrated Zain's innovation.
- The Chairman expresses confidence that Zain will continue its ambitious expansion strategy while maintaining high standards of corporate social responsibility and shareholder value.
oneok ONEOK and ONEOK Partners to Present at AGA Financial Forumfinance20
John Gibson, CEO of ONEOK and ONEOK Partners, presented at the American Gas Association Financial Forum. He discussed recent transactions that transformed ONEOK Partners, including the purchase of assets from Koch Industries that doubled the size of ONEOK Partners. He outlined ONEOK Partners' strategy of continued growth through internal projects exceeding $1.5 billion through 2009. Gibson also reviewed financial results for ONEOK and ONEOK Partners, noting distribution growth, unit price increases, and continued focus on maintaining strong balance sheets and credit ratings.
- Newmont Mining Corporation reported financial and operating results for the second quarter of 2007, with equity gold sales of 531,000 ounces at a cost of $485 per ounce.
- The company provided guidance for full-year 2007 of equity gold sales between 5.2-5.6 million ounces at a cost of $375-400 per ounce.
- Capital expenditures for 2007 are expected to be $1.8-2.0 billion, directed towards major projects including a power plant in Nevada, a gold mill in Peru, and the Boddington project in Australia.
The document provides an overview of AES Corporation's third quarter 2007 financial results. Some key points:
- Revenues increased 18% year-over-year to $3.5 billion while gross margin increased 2% to $840 million. Adjusted EPS was $0.18 compared to $0.30 in the prior year.
- Segment results were mixed - Latin America generation saw declines due to gas curtailments in Chile/Argentina while utilities saw gains from currency effects. North America generation saw improvements from higher prices.
- Cash flow was impacted by the sale of EDC in May 2007. Excluding EDC, cash flows would have been higher year-over-year.
-
Willbros - Capital One Southcoast, Inc Energy Conference PresentationWillbros Group, Inc.
Willbros Group held a presentation at the Capital One Southcoast 6th Annual Energy Conference on December 7, 2011. The presentation contained forward-looking statements and provided an overview of Willbros, including its history, services, markets, backlog, financials, and opportunities. Key points included that Willbros is positioned for growth in utility transmission and distribution buildout, U.S. oil and gas infrastructure like pipelines and shale development, and Canadian oil sands production. The company also discussed debt reduction efforts and improving adjusted EBITDA.
JP Morgan held a road show on the East Coast from August 7-9, 2007 to provide an overview of the company's operations and financial performance. The presentation highlighted that JP Morgan is the world's largest unhedged gold producer with 33.1 million ounces of reserves. It provided guidance for 2007 of equity gold sales between 5.2 to 5.6 million ounces and costs applicable to sales of $375 to $400 per ounce. Capital expenditures for 2007 are estimated to be between $1.8 to $2.0 billion.
Willbros Group at D.A. Davidson's 11th Annual Engineering & Construction Con...Willbros Group, Inc.
Willbros Group is an engineering and construction company that provides services to the oil, gas, and power industries. The presentation discusses Willbros' history, business segments, growth opportunities in areas like utility transmission and Canadian oil sands production, and financial overview. It notes recent accomplishments like debt reduction and a focus on improving underperforming business units. The presentation aims to position Willbros for future success by capitalizing on opportunities in growing energy infrastructure markets in North America.
The document provides highlights from BI&P's 1st quarter 2012 results presentation. Key points include:
- BI&P's credit portfolio grew 8.9% in the quarter and 38.4% over 12 months, reaching R$2.8 billion, with the corporate segment now representing 35% of the portfolio.
- Credit quality continued to improve, with loans rated AA to B increasing to 75.3% of the portfolio.
- The agricultural bonds portfolio grew 77.6% in the quarter to R$230 million, improving BI&P's funding mix.
- Net profit was R$5 million for the quarter, in line with management forecasts given leverage levels and increased loan
GM_Events & Presentations_2008 GM Bank & Insurance ConferenceManya Mohan
This document provides a summary of GM's presentation at the 2008 GM Banker & Insurance Conference on May 13, 2008. The presentation discusses GM's key priorities, operating strategies, and product strategies. It also provides updates on GMAC, Delphi, and the impact of the American Axle strike. The presentation aims to outline GM's plans and initiatives to improve financial results going forward.
The company saw a 0.2% increase in energy consumption in 1Q12. Revenues increased 2.7% due to growth in residential and commercial classes, while EBITDA declined 42% due to higher energy purchase costs and expenses related to improving reliability metrics. Net income declined 60.9% due to increased regulatory costs. Operational cash generation declined 35% while debt levels remained comfortable.
Puerto rico's fiscal and economic turnaroundgobiernoprfaa
Governor Fortuño outlines Puerto Rico's fiscal and economic turnaround from 2009-2011. Key accomplishments include reducing the deficit by 81% through spending cuts, improving the credit rating, reforming the tax code, reducing unemployment, and increasing home and tourism sales. Economic indicators now point to positive growth, including a 28,000 job increase in 2011. The tax reform is generating increased government revenues despite lower tax collections, showing early success.
1) The document discusses Bank of America's enterprise risk management strategies and capabilities. It highlights how the bank manages various types of risk, including credit, market, and operational risk across its consumer and commercial businesses.
2) Key strengths that help the bank manage risk include its breadth of client access, industry insights, and integrated risk management structure.
3) The bank has improved its risk profile by rebalancing its commercial credit portfolio and enhancing risk monitoring tools.
UBS Natural Gas, Electric Power & Coal Conferencefinance14
This presentation was given at a natural gas, electric power, and coal conference in Lost Pines, Texas on March 6, 2008. It discusses Exelon Corporation, the parent company of several major utilities, and provides an outlook for 2008. Key points include Exelon estimating 2008 operating earnings between $4.00-$4.40 per share. It also discusses capital expenditure and operation and maintenance expectations for Exelon and its utilities through 2012. Additionally, it provides an overview of regulatory proceedings and investments planned for ComEd, one of Exelon's major utilities, in 2008.
Cabo Drilling Corp is a drilling services company that provides drilling rigs and services to mining companies. It acquired five drilling companies between 2004-2005. The presentation provides an overview of Cabo's business including its revenues from 2008-2012, fleet size, international operations, financial position, and goals to improve profitability through cost controls and expanding capacity. Cabo aims to take advantage of strong demand in the mining industry and growing metals prices.
This document presented opportunities for finance and investment in Saudi Arabia. It showed charts and data on topics like oil prices and production, GDP growth by sector, government spending packages, consumer spending indicators, stock market performance, bank lending, deposits and profits. Key data and forecasts were also provided for nominal GDP, real GDP growth, oil and economic indicators, government finances, inflation, external trade and social demographics through 2012. The overall document highlighted the strong economic growth and opportunities in Saudi Arabia.
- The presentation discusses AEP's financial and regulatory performance in the first quarter of 2011, reaffirming earnings guidance for 2011 and 2012.
- It provides an overview of AEP's coal fleet and the potential capital costs to comply with proposed environmental rules from 2012-2020, estimating costs could range from $1.15 billion to $2.21 billion.
- The presentation also notes ongoing reviews of proposed regulations and technical assessments that could impact capital cost estimates.
This presentation provides information on Detour Gold Corporation's Detour Lake gold mine project in Ontario, Canada. The key points are:
1) Detour Lake is projected to be Canada's largest gold mine, with estimated gold production starting in Q1 2013 and an initial mine life of over 20 years.
2) As of July 2012, construction of the mine was 75% complete and on schedule and budget. Over 10 million tonnes had been mined to date.
3) Updated mineral reserve estimates from January 2012 show proven and probable reserves of 15.6 million ounces of gold using a gold price of $850 per ounce.
4) The presentation outlines Detour Gold's objectives for 2012 which
Atlas Resource Partners acquired 277 billion cubic feet equivalent of proved reserves in the Barnett Shale from Carrizo Oil and Gas for $190 million. The acquisition is expected to be accretive to ARP's cash distributions in the second half of 2012 and 2013. ARP has hedged 100% of the available production from the acquired assets in the first year and substantial amounts in subsequent years. The transaction more than doubles ARP's proved reserves and enhances the long-lived nature of its asset base.
AxoGen is a regenerative medicine company focused on commercializing products for peripheral nerve reconstruction. It has 46 employees and is headquartered in Alachua, FL. AxoGen's product portfolio includes Avance Nerve Graft for bridging nerve gaps up to 70mm, AxoGuard Nerve Connector and Protector. In Q2 2012, AxoGen achieved record revenues of $2.01 million, a 64% increase over Q2 2011, with gross profit margins of 75%. AxoGen aims to increase commercialization of its portfolio to address the over $1 billion market for peripheral nerve reconstruction.
The document provides an overview of Enel SpA's interim financial results for the first half of 2012. Some key highlights include:
- Revenues increased 6% to €40.7 billion compared to the first half of 2011.
- EBITDA declined 7.2% to €8.3 billion due to lower margins in generation in Italy and international markets.
- Net debt increased 6.6% to €47.6 billion due to capital expenditures exceeding cash from operations.
- Electricity production totaled 148.7 TWh, up 3% from the prior year period driven by higher output in Latin America.
Morgan Stanley Global Industrials CEOs Unplugged Conferencefinance10
George Buckley presented on innovation and growth at 3M. He discussed 3M's strong financial results in the second quarter with sales growth of 8% and EPS growth of 17.1%. Buckley outlined 3M's plan to drive growth through reinvigorating R&D, accelerating international expansion, investing in supply chain capabilities, and acquiring companies to accelerate growth in core businesses. He emphasized 3M's focus on continuing to innovate, serve customers, and improve efficiency through initiatives like Six Sigma and Lean.
This document summarizes Detour Gold's plans to build Canada's largest gold mine at the Detour Lake project. Construction is progressing on schedule, with the mine expected to begin production in Q1 2013. Detour Gold aims to have 3 million tonnes of ore stockpiled and ready for processing by Q4 2012 as part of its operational readiness plan. The presentation provides details on Detour Gold's reserves, resources, mine plan, and capital and operating costs.
The document provides an overview of Emerson's strategic imperatives and actions to strengthen its business platforms, pursue technology leadership, globalize assets, and drive business efficiency. It discusses operating performance targets, regional sales and employment figures, and initiatives to improve supply chain management through digitization and optimized transportation programs.
The document provides an overview of HSBC's financial performance in 2007. Key points include:
- Profit before tax was up 10% to $24.2 billion despite write-downs of $2.1 billion in global banking and markets.
- Growth was driven by strong performance in Asia Pacific and emerging markets, while North America saw losses.
- Credit quality deteriorated, with loan impairment charges up 63% due to exposure to the US consumer finance market.
- Tier 1 capital ratio remained strong at 9.3% despite challenges, demonstrating HSBC's capital strength.
air products & chemicals 5 December 2007 Citi Basic Materialsfinance26
Paul Huck presented on Air Products' performance and outlook. Some key points:
1) Air Products has achieved four consecutive years of double-digit sales and earnings growth.
2) The company aims to continue delivering double-digit growth through large projects coming online, expansion in new geographies and markets, and cost reduction efforts.
3) Air Products is targeting 10-15% annual EPS growth and achieving returns well above its cost of capital through margin improvement and productivity initiatives.
General Motors- Events & Presentations 2008 Jp Morgan Auto Conference Gm Acti...Manya Mohan
This document discusses GM's plans to align its business with current market conditions. It outlines assumptions for lower US auto industry volumes and GM's US market share through 2009. GM plans major cost reductions through actions like plant closures, headcount reductions, capital expenditure decreases, and working capital improvements totaling around $10 billion. Additional liquidity of $2-4 billion is expected from asset sales and $2-3 billion from financing activities. With these actions, GM believes it will have sufficient liquidity through 2009 despite conservative planning assumptions. The document also highlights GM's upcoming new car and crossover launches and advanced technology initiatives.
spectra energy 2Q_2007_SpectraEnergyEarningsfinance49
Spectra Energy reported second quarter 2007 earnings. While ongoing EPS was consistent with expectations, some business segments experienced challenges. US Transmission and Distribution results were solid, but Western Canada was affected by plant turnarounds and Field Services by weather. The company is optimistic about achieving 2007 financial goals and remains committed to delivering steady growth and attractive dividends.
FIS Bank of America Conference September 2008finance48
Fidelity National Information Services is a leading global provider of payment processing and core banking services. It generates $2.9 billion in annual revenue, with 86% coming from recurring sources. It has a large diverse customer base including community banks, mid-sized and large U.S. banks, and financial institutions in over 80 countries. The company has the most comprehensive product portfolio in the industry and strong positions across various market segments.
GMAC Executive Vice President and Chief Financial Officer Sanjiv Khattri.finance8
The document discusses forward-looking statements and risk factors that could cause actual results to differ from expectations. It notes that statements with words like "expect" and "anticipate" are intended to identify forward-looking statements that are subject to important risk factors described in SEC filings. The summary also notes that GMAC management cannot guarantee the accuracy of its forward-looking statements.
Raymond James held its 34th Annual Institutional Investors Conference on March 6, 2013. The presentation focused on Masco's investment thesis, which highlighted the company's strong fundamentals and positioning for growth. Masco has leading brands, is an industry innovator, and has broad distribution. It is leveraging its strengths to expand market leadership, reduce costs, improve underperforming businesses, and strengthen its balance sheet. Masco is well-positioned for growth as housing starts recover and it benefits from a lower fixed cost base and initiatives to gain share and expand internationally.
GM_Events & Presentations_2008 GM Bank & Insurance ConferenceManya Mohan
This document provides a summary of GM's presentation at the 2008 GM Banker & Insurance Conference on May 13, 2008. The presentation discusses GM's key priorities, operating strategies, and product strategies. It also provides updates on GMAC, Delphi, and the impact of the American Axle strike. The presentation aims to outline GM's plans and initiatives to improve financial results going forward.
The company saw a 0.2% increase in energy consumption in 1Q12. Revenues increased 2.7% due to growth in residential and commercial classes, while EBITDA declined 42% due to higher energy purchase costs and expenses related to improving reliability metrics. Net income declined 60.9% due to increased regulatory costs. Operational cash generation declined 35% while debt levels remained comfortable.
Puerto rico's fiscal and economic turnaroundgobiernoprfaa
Governor Fortuño outlines Puerto Rico's fiscal and economic turnaround from 2009-2011. Key accomplishments include reducing the deficit by 81% through spending cuts, improving the credit rating, reforming the tax code, reducing unemployment, and increasing home and tourism sales. Economic indicators now point to positive growth, including a 28,000 job increase in 2011. The tax reform is generating increased government revenues despite lower tax collections, showing early success.
1) The document discusses Bank of America's enterprise risk management strategies and capabilities. It highlights how the bank manages various types of risk, including credit, market, and operational risk across its consumer and commercial businesses.
2) Key strengths that help the bank manage risk include its breadth of client access, industry insights, and integrated risk management structure.
3) The bank has improved its risk profile by rebalancing its commercial credit portfolio and enhancing risk monitoring tools.
UBS Natural Gas, Electric Power & Coal Conferencefinance14
This presentation was given at a natural gas, electric power, and coal conference in Lost Pines, Texas on March 6, 2008. It discusses Exelon Corporation, the parent company of several major utilities, and provides an outlook for 2008. Key points include Exelon estimating 2008 operating earnings between $4.00-$4.40 per share. It also discusses capital expenditure and operation and maintenance expectations for Exelon and its utilities through 2012. Additionally, it provides an overview of regulatory proceedings and investments planned for ComEd, one of Exelon's major utilities, in 2008.
Cabo Drilling Corp is a drilling services company that provides drilling rigs and services to mining companies. It acquired five drilling companies between 2004-2005. The presentation provides an overview of Cabo's business including its revenues from 2008-2012, fleet size, international operations, financial position, and goals to improve profitability through cost controls and expanding capacity. Cabo aims to take advantage of strong demand in the mining industry and growing metals prices.
This document presented opportunities for finance and investment in Saudi Arabia. It showed charts and data on topics like oil prices and production, GDP growth by sector, government spending packages, consumer spending indicators, stock market performance, bank lending, deposits and profits. Key data and forecasts were also provided for nominal GDP, real GDP growth, oil and economic indicators, government finances, inflation, external trade and social demographics through 2012. The overall document highlighted the strong economic growth and opportunities in Saudi Arabia.
- The presentation discusses AEP's financial and regulatory performance in the first quarter of 2011, reaffirming earnings guidance for 2011 and 2012.
- It provides an overview of AEP's coal fleet and the potential capital costs to comply with proposed environmental rules from 2012-2020, estimating costs could range from $1.15 billion to $2.21 billion.
- The presentation also notes ongoing reviews of proposed regulations and technical assessments that could impact capital cost estimates.
This presentation provides information on Detour Gold Corporation's Detour Lake gold mine project in Ontario, Canada. The key points are:
1) Detour Lake is projected to be Canada's largest gold mine, with estimated gold production starting in Q1 2013 and an initial mine life of over 20 years.
2) As of July 2012, construction of the mine was 75% complete and on schedule and budget. Over 10 million tonnes had been mined to date.
3) Updated mineral reserve estimates from January 2012 show proven and probable reserves of 15.6 million ounces of gold using a gold price of $850 per ounce.
4) The presentation outlines Detour Gold's objectives for 2012 which
Atlas Resource Partners acquired 277 billion cubic feet equivalent of proved reserves in the Barnett Shale from Carrizo Oil and Gas for $190 million. The acquisition is expected to be accretive to ARP's cash distributions in the second half of 2012 and 2013. ARP has hedged 100% of the available production from the acquired assets in the first year and substantial amounts in subsequent years. The transaction more than doubles ARP's proved reserves and enhances the long-lived nature of its asset base.
AxoGen is a regenerative medicine company focused on commercializing products for peripheral nerve reconstruction. It has 46 employees and is headquartered in Alachua, FL. AxoGen's product portfolio includes Avance Nerve Graft for bridging nerve gaps up to 70mm, AxoGuard Nerve Connector and Protector. In Q2 2012, AxoGen achieved record revenues of $2.01 million, a 64% increase over Q2 2011, with gross profit margins of 75%. AxoGen aims to increase commercialization of its portfolio to address the over $1 billion market for peripheral nerve reconstruction.
The document provides an overview of Enel SpA's interim financial results for the first half of 2012. Some key highlights include:
- Revenues increased 6% to €40.7 billion compared to the first half of 2011.
- EBITDA declined 7.2% to €8.3 billion due to lower margins in generation in Italy and international markets.
- Net debt increased 6.6% to €47.6 billion due to capital expenditures exceeding cash from operations.
- Electricity production totaled 148.7 TWh, up 3% from the prior year period driven by higher output in Latin America.
Morgan Stanley Global Industrials CEOs Unplugged Conferencefinance10
George Buckley presented on innovation and growth at 3M. He discussed 3M's strong financial results in the second quarter with sales growth of 8% and EPS growth of 17.1%. Buckley outlined 3M's plan to drive growth through reinvigorating R&D, accelerating international expansion, investing in supply chain capabilities, and acquiring companies to accelerate growth in core businesses. He emphasized 3M's focus on continuing to innovate, serve customers, and improve efficiency through initiatives like Six Sigma and Lean.
This document summarizes Detour Gold's plans to build Canada's largest gold mine at the Detour Lake project. Construction is progressing on schedule, with the mine expected to begin production in Q1 2013. Detour Gold aims to have 3 million tonnes of ore stockpiled and ready for processing by Q4 2012 as part of its operational readiness plan. The presentation provides details on Detour Gold's reserves, resources, mine plan, and capital and operating costs.
The document provides an overview of Emerson's strategic imperatives and actions to strengthen its business platforms, pursue technology leadership, globalize assets, and drive business efficiency. It discusses operating performance targets, regional sales and employment figures, and initiatives to improve supply chain management through digitization and optimized transportation programs.
The document provides an overview of HSBC's financial performance in 2007. Key points include:
- Profit before tax was up 10% to $24.2 billion despite write-downs of $2.1 billion in global banking and markets.
- Growth was driven by strong performance in Asia Pacific and emerging markets, while North America saw losses.
- Credit quality deteriorated, with loan impairment charges up 63% due to exposure to the US consumer finance market.
- Tier 1 capital ratio remained strong at 9.3% despite challenges, demonstrating HSBC's capital strength.
air products & chemicals 5 December 2007 Citi Basic Materialsfinance26
Paul Huck presented on Air Products' performance and outlook. Some key points:
1) Air Products has achieved four consecutive years of double-digit sales and earnings growth.
2) The company aims to continue delivering double-digit growth through large projects coming online, expansion in new geographies and markets, and cost reduction efforts.
3) Air Products is targeting 10-15% annual EPS growth and achieving returns well above its cost of capital through margin improvement and productivity initiatives.
General Motors- Events & Presentations 2008 Jp Morgan Auto Conference Gm Acti...Manya Mohan
This document discusses GM's plans to align its business with current market conditions. It outlines assumptions for lower US auto industry volumes and GM's US market share through 2009. GM plans major cost reductions through actions like plant closures, headcount reductions, capital expenditure decreases, and working capital improvements totaling around $10 billion. Additional liquidity of $2-4 billion is expected from asset sales and $2-3 billion from financing activities. With these actions, GM believes it will have sufficient liquidity through 2009 despite conservative planning assumptions. The document also highlights GM's upcoming new car and crossover launches and advanced technology initiatives.
spectra energy 2Q_2007_SpectraEnergyEarningsfinance49
Spectra Energy reported second quarter 2007 earnings. While ongoing EPS was consistent with expectations, some business segments experienced challenges. US Transmission and Distribution results were solid, but Western Canada was affected by plant turnarounds and Field Services by weather. The company is optimistic about achieving 2007 financial goals and remains committed to delivering steady growth and attractive dividends.
FIS Bank of America Conference September 2008finance48
Fidelity National Information Services is a leading global provider of payment processing and core banking services. It generates $2.9 billion in annual revenue, with 86% coming from recurring sources. It has a large diverse customer base including community banks, mid-sized and large U.S. banks, and financial institutions in over 80 countries. The company has the most comprehensive product portfolio in the industry and strong positions across various market segments.
GMAC Executive Vice President and Chief Financial Officer Sanjiv Khattri.finance8
The document discusses forward-looking statements and risk factors that could cause actual results to differ from expectations. It notes that statements with words like "expect" and "anticipate" are intended to identify forward-looking statements that are subject to important risk factors described in SEC filings. The summary also notes that GMAC management cannot guarantee the accuracy of its forward-looking statements.
Raymond James held its 34th Annual Institutional Investors Conference on March 6, 2013. The presentation focused on Masco's investment thesis, which highlighted the company's strong fundamentals and positioning for growth. Masco has leading brands, is an industry innovator, and has broad distribution. It is leveraging its strengths to expand market leadership, reduce costs, improve underperforming businesses, and strengthen its balance sheet. Masco is well-positioned for growth as housing starts recover and it benefits from a lower fixed cost base and initiatives to gain share and expand internationally.
Dover Corporation reported first quarter 2008 financial results with revenue increasing 8% year-over-year to $1.9 billion and EPS growth of 16% to $0.76. Business activity remained strong across segments with organic growth of 2.8% and acquisition growth contributing an additional 1.8% to revenue. Free cash flow was $104 million, significantly higher than the prior year. For the full year, the company expects organic revenue growth in the mid-single digits with margin improvement of 50-75 basis points and $312 million remaining for share repurchases.
Dover Corporation reported first quarter 2008 results with revenue increasing 8% year-over-year to $1.9 billion driven by organic growth of 2.8% and acquisition growth of 1.8%. Earnings per share increased 16% to $0.76 per share and free cash flow was $104 million, up significantly from the prior year. Business activity remained strong across Dover's portfolio of industrial businesses although some segments faced tougher prior year comparisons and challenges in certain US markets.
Dover Corporation reported first quarter 2008 financial results with revenue increasing 8% year-over-year to $1.9 billion and EPS growth of 16% to $0.76. Business activity remained strong across segments with organic growth of 2.8% and acquisition growth contributing an additional 1.8% to revenue. Free cash flow was $104 million, significantly higher than the prior year. For the full year, the company expects organic revenue growth in the mid-single digits with margin improvement of 50-75 basis points and $312 million remaining for share repurchases.
This document summarizes Best Buy's strategy for international expansion. It discusses Best Buy's differentiation in international markets through services and solutions. It then outlines Best Buy's strategies and progress in Canada, China, and Mexico. Best Buy is optimizing its dual-brand strategy in Canada and growing market share. In China, Best Buy is moving into a growth phase and expects its Shanghai store to break even in the first year. Best Buy is also entering the Mexican market and using a Global Prioritization Index to guide its expansion plans.
This presentation discusses CSX Corporation's performance and outlook. It notes that CSX has created significant shareholder value in recent years. The company is targeting double-digit growth through 2010 by executing on its strategy and continuous improvement. While the economy is moderating, the rail renaissance environment remains strong due to tight transportation capacity and pricing power. CSX is making infrastructure investments to leverage long-term growth in intermodal volumes driven by increasing port traffic. The company's capital philosophy focuses on productivity to support its goal of long-term value creation.
This presentation discusses CSX Corporation's performance and outlook. It notes that CSX has created significant shareholder value in recent years. The company is focused on delivering double-digit growth through 2010 by executing its long-term strategy and meeting new financial targets. The rail renaissance environment remains strong due to tight transportation capacity and pricing power, though the economy is moderating. CSX is making capacity investments to leverage growth around major ports and intermodal volumes. The company aims to continue its financial and operational momentum while delivering value for shareholders.
This document outlines a portfolio management strategy for braving economic storms like hurricanes. It begins with an economic outlook analysis and then discusses portfolio allocation, backup strategies, and implementation. The backup strategy section describes using leading economic indicators to forecast disasters, value at risk analysis to estimate potential losses, and guidelines for rebalancing to limit losses. Specific holdings are then analyzed for their exposure to disasters, with recommendations to reduce exposure to financials but increase exposure to construction and metals companies expected to benefit from rebuilding. The portfolio is rebalanced to reflect these views.
John Hopper, Vice President and Treasurer of Merrill Lynch, presented at the Leveraged Finance Conference on November 14, 2006. The presentation focused on El Paso Corporation's strong financial results in the third quarter of 2006, significant progress on legacy issues, continued debt reduction, growth in the pipeline business, drilling success in exploration and production, and risk management strategies. El Paso aims to provide natural gas and related energy products in a safe, efficient, and dependable manner.
John Hopper, Vice President and Treasurer of Merrill Lynch, presented at the Leveraged Finance Conference on November 14, 2006. The presentation focused on El Paso Corporation's strong financial results in the third quarter of 2006, significant progress on legacy issues, continued debt reduction, growth in the pipeline business, drilling success in exploration and production, and risk management strategies. El Paso aims to provide natural gas and related energy products in a safe, efficient, and dependable manner.
air products & chemicals 7 May 2008 Bankof America BASicsfinance26
This document provides an overview of Air Products, a $10 billion industrial gases company. It discusses Air Products' business segments, geographic sales breakdown, and value proposition of long-term contracts and consistent cash flows. The document also summarizes Air Products' financial performance over the past four years, with increasing sales, earnings per share, operating margin, and return on capital employed. Finally, it discusses the outlook for continued growth in Air Products' electronics and performance materials segment.
Financial Analysis - National Oilwell Varco Inc. is a worldwide provider of e...BCV
Financial Analysis - National Oilwell Varco Inc. is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services
MeadWestvaco is transforming its business model to improve returns for shareholders by focusing on packaging, capturing global growth opportunities in packaging, and executing a land strategy. The company is improving operating results through initiatives to accelerate growth, improve margins, and execute land sales. MeadWestvaco is well-positioned to capture maximum value from its land holdings through development projects and exploring alternative ownership structures.
Similar to Willbros - Credit Suisse Engineering & Construction Conference (20)
Willbros' Talisman Safety Program was awarded the 2012 IPLOCA Chevron Health & Safety Award. This presentation explains how the program encourages safety.
Slides from a presentation by Bill Hoff, Director, Engineering Group, Gulf Interstate Engineering Company and Edward J. Wiegele, President, Professional Services, Willbros Engineers (U.S.), LLC at the 2012 International Pipeline & Offshore Contractors Association Convention in Istanbul.
This is Willbros Senior GIS Consultant Peter Veenstra's presentation from the 2012 GITA Oil & Gas Pipeline Conference. The presentation address cloud computing security concerns and explains how cloud computing can help with data integrity management.
Willbros Group is an engineering and construction company that has operated for over a century. They provide services across the entire energy supply chain from production to distribution. The document discusses Willbros' business units that offer fabrication, construction, and maintenance services for pipelines, production facilities, refineries and other energy infrastructure. It emphasizes their commitment to safety, quality, communities and people.
Willbros Group presented at the Jefferies 2011 Global Energy Conference on November 30, 2011. The presentation provided an overview of Willbros, including its history, services, markets, growth opportunities in utility transmission and distribution and oil and gas infrastructure, financial highlights, and backlog. Willbros aims to improve profitability and reduce debt while focusing on safety and North American markets like utility T&D buildout and US shale development.
White Paper Available from the PPIM Conference: Pipeline Regulation and Dire...Willbros Group, Inc.
Willbros and NiSource white paper from PPIM, the industry's only forum devoted to pigging for maintenance and inspection; pipeline integrity evaluation and repair. http://pipelineintegrity.willbros.com
Presentation summary by John Beets, Willbros GIS technologist, “GIS-Based Risk Analysis” for the 2011 GIS for Oil & Gas Pipelines Conference held in Houston.
The purpose of this document is to provide a brief summary of the content of the ANPRM in order to present a snapshot of issues that may be under consideration for a revised final rule. An analysis of the information contained in the ANPRM is not included.
http://blog.willbros.com/category/pipeline-integrity/
Willbros Group presented at the D.A. Davidson 10th Annual Engineering & Construction Conference on September 21, 2011. The presentation provided an overview of Willbros, including its history, services, markets, growth opportunities in utility transmission and distribution and oil and gas infrastructure, financial position, and valuation relative to peers. Willbros aims to improve profitability and reduce debt while capitalizing on investment in energy infrastructure including electricity transmission, pipelines, and Canadian oil sands.
http://www.willbros.com
2010 Annual Report
Willbros Group, Inc. is a global contractor specializing in energy infrastructure serving the oil, gas and power industries. Our offerings include engineering, procurement and construction (individually or as an integrated “EPC” services), refinery turnarounds, pipeline construction, pipeline integrity management consulting and other specialty services to industry and government entities worldwide. We are listed on the New York Stock Exchange under the symbol WG.
http://www.willbros.com/About/HSE-Vision-329.html
The content of the report has been influenced and shaped by a number of factors, including:
• Our Values
• Our Safety Vision
• Engagement with Willbros stakeholders
• Alignment, as practical, with Standards and Guidelines (for example, Global Reporting Initiative)
http://www.willbros.com/Investor-Relations/Credit-Suisse-Group-Engineering-and-Construction-Conference-402.html
Presentation for Credit Suisse Group Engineering & Construction Conference
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Final ank Satta Matka Dpbos Final ank Satta Matta Matka 143 Kalyan Matka Guessing Final Matka Final ank Today Matka 420 Satta Batta Satta 143 Kalyan Chart Main Bazar Chart vip Matka Guessing Dpboss 143 Guessing Kalyan night
The Role of White Label Bookkeeping Services in Supporting the Growth and Sca...YourLegal Accounting
Effective financial management is important for expansion and scalability in the ever-changing US business environment. White Label Bookkeeping services is an innovative solution that is becoming more and more popular among businesses. These services provide a special method for managing financial duties effectively, freeing up companies to concentrate on their main operations and growth plans. We’ll look at how White Label Bookkeeping can help US firms expand and develop in this blog.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
Tired of chasing down expiring contracts and drowning in paperwork? Mastering contract management can significantly enhance your business efficiency and productivity. This guide unveils expert secrets to streamline your contract management process. Learn how to save time, minimize risk, and achieve effortless contract management.
Best Competitive Marble Pricing in Dubai - ☎ 9928909666Stone Art Hub
Stone Art Hub offers the best competitive Marble Pricing in Dubai, ensuring affordability without compromising quality. With a wide range of exquisite marble options to choose from, you can enhance your spaces with elegance and sophistication. For inquiries or orders, contact us at ☎ 9928909666. Experience luxury at unbeatable prices.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
High-Quality IPTV Monthly Subscription for $15advik4387
Experience high-quality entertainment with our IPTV monthly subscription for just $15. Access a vast array of live TV channels, movies, and on-demand shows with crystal-clear streaming. Our reliable service ensures smooth, uninterrupted viewing at an unbeatable price. Perfect for those seeking premium content without breaking the bank. Start streaming today!
https://rb.gy/f409dk
During the budget session of 2024-25, the finance minister, Nirmala Sitharaman, introduced the “solar Rooftop scheme,” also known as “PM Surya Ghar Muft Bijli Yojana.” It is a subsidy offered to those who wish to put up solar panels in their homes using domestic power systems. Additionally, adopting photovoltaic technology at home allows you to lower your monthly electricity expenses. Today in this blog we will talk all about what is the PM Surya Ghar Muft Bijli Yojana. How does it work? Who is eligible for this yojana and all the other things related to this scheme?
The Most Inspiring Entrepreneurs to Follow in 2024.pdfthesiliconleaders
In a world where the potential of youth innovation remains vastly untouched, there emerges a guiding light in the form of Norm Goldstein, the Founder and CEO of EduNetwork Partners. His dedication to this cause has earned him recognition as a Congressional Leadership Award recipient.
AI Transformation Playbook: Thinking AI-First for Your BusinessArijit Dutta
I dive into how businesses can stay competitive by integrating AI into their core processes. From identifying the right approach to building collaborative teams and recognizing common pitfalls, this guide has got you covered. AI transformation is a journey, and this playbook is here to help you navigate it successfully.
Enhancing Adoption of AI in Agri-food: IntroductionCor Verdouw
Introduction to the Panel on: Pathways and Challenges: AI-Driven Technology in Agri-Food, AI4Food, University of Guelph
“Enhancing Adoption of AI in Agri-food: a Path Forward”, 18 June 2024
Satta matka fixx jodi panna all market dpboss matka guessing fixx panna jodi kalyan and all market game liss cover now 420 matka office mumbai maharashtra india fixx jodi panna
Call me 9040963354
WhatsApp 9040963354
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART KALYAN CHART
Willbros - Credit Suisse Engineering & Construction Conference
1. Willbros Group
(NYSE : WG)
2012 Credit Suisse
Engineering & Construction Conference
June 7, 2012
2. Forward Looking Statements
This presentation contains forward looking statements. All
statements, other than statements of historical facts which
address activities, events or developments the Company expects
or anticipates will or may occur in the future, are forward looking
statements. A number of risks and uncertainties could cause
actual results to differ materially from these statements. These
risk factors are described in the Company’s documents and
reports filed with the SEC. The Company assumes no obligation
to update publicly such forward looking statements, whether as a
result of new information, future events or otherwise. This
presentation contains non-GAAP numbers and a reconciliation is
provided in the Appendix.
2
June 2012
3. Willbros Vision and Values
Our mission is to be a multi-billion dollar engineering and
construction company with a diversified revenue stream,
exposure to high growth opportunities and ability to achieve
more stable and predictable results
3
June 2012
4. 2006
Reduced Exposure to Unstable Markets
De-risk Backlog • Discontinued operations in South
($ in millions)
$1,200 America and West Africa
$900 – Closed offices in Bolivia and
$600
Venezuela
$300
– Announced decision to sell Nigeria
assets and operations
$0
(1)
2003 2004 2005 2005 2006
U.S. & Canada International Disco Ops
Focus on Large Diameter Pipeline Market in U.S.(2)
• Demand for large-diameter
Canada pipeline construction drives
22%
backlog growth in the U.S.
Oman
U.S. Pipeline
6% – Construction
72%
– Engineering
– EPC
(1) Excludes discontinued operations
(2) Backlog as of 02/28/2007 4
June 2012
5. Focused on North America and Diversified 2007
Services 2008
• Sold Nigeria operations and
redeployed cash: Delivered Improved Operating Results
– Increased U.S. large diameter capacity ($ in millions)
from 1½ to 3 spreads $42 10.0%
7.7%
– Supplemented Canadian capacity $36 7.6% 7.1%
8.0%
replacing / retrofitting equipment $30 5.9%
6.7%
• Expanded capabilities through key $24
6.0%
acquisitions: $18
4.5%
4.0%
– InServ $12
2.0%
(downstream market) $6
– Midwest (cross-country pipeline $0
0.7% 0.0%
construction in Canada) (1.0%)
($6) (2.0)%
• Improved financial and project 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08
management systems, processes Op Loss Op Inc Op Margin
and procedures
5
June 2012
6. 2009
Diversified Services, Geographies and Markets 2010
• Residual effect from financial • Diversification achieved via
crisis continued to negatively acquisitions:
impact demand for our – Wink Engineering (2009)
hydrocarbon-centric services: – Gained access to engineering
– Maintenance spending postponed and EPC opportunities in the
and capital spending delayed or downstream market
cancelled across North America – InfrastruX (2010)
– Reinforced need to expand service – Diversified capabilities into
offerings and diversify end-market utility transmission and
exposure distribution market
– Expanded geographic presence
– Enhanced midstream
capabilities
– Increased recurring services
backlog (greater visibility)
6
June 2012
7. Delivered on 2011 Objectives to Transform
2011
Willbros
Returning Willbros to profitability and strengthening the balance sheet
Objective Status
• 2011debt reduction of $123.4 million
Reduce debt by approximately • Additional $36.7 million paid against Term Loan YTD 2012(1)
$50 - $100 million • Remaining principal balance of $139.2 million on the outstanding Term
Loan
Improve project management • Increased executive level project management oversight
tools and capabilities • Engaged in enterprise-wide improvements and implementation
Maintain focus on North America • Continued to execute on utility transmission construction projects
• Implemented regional strategy in U.S. Upstream with office locations in
the Permian Basin and Eagle Ford, Barnett, Marcellus, Haynesville,
Bakken, Niobrara and Utica Shale plays
• Pipeline Integrity Management Services
• New management team in Canada focused on oil sands-centric markets
while discontinued operations in cross-country pipeline construction
• Made improvements over last year's performance and our HSE
Remain focused on Safety management system implementation and safety culture enhancement
programs are continuing on target
(1) 2012 debt reduction as of 05/07/2012 7
June 2012
8. 2012
Willbros Today… Positioned for Success
Recent Accomplishments Positive Market Indications
• Settled West Africa Pipeline Company • Oil & Gas segment:
(WAPCO) litigation – 70% of planned 2012 revenue committed
• Completed DOJ monitorship and all – Downstream engineering profitable and
charges dismissed adding additional resources
• 2012 debt reduction goal of $50 - $100 – Downstream Gulf Coast office awarded
MSA at a major refinery in Pascagoula
million
– Awarded Red River Project
• Changed segment reporting structure
– Developed cloud-based pipeline lifecycle
to mirror strategic growth opportunities: integrity management solution with
– Utility T&D – Canada GeoEye and served from the Google
– Oil & Gas Earth Builder platform
• Focus on improving the results of our • Canada has nearly $4 billion in near
underperforming business units: term prospects
– Focused best management talent on • Utility T&D segment:
operational improvements – Over $400 million in transmission backlog
– Either quickly turnaround or exit these – Willbros T&D generating profit in 2Q12
businesses 8
June 2012
9. Focusing on Growth Markets in North America
Willbros has the backlog, resources and
expertise to drive profitability from:
• Utility Transmission & Distribution Build-Out
• U.S. Oil and Gas Infrastructure:
– Large Diameter Pipelines
– Liquids-rich Resource Development
– Pipeline Integrity Management Services
• Canadian Oil Sands Production
9
June 2012
11. Willbros Financial Snapshot
Historical Revenue Revenue 1Q12
($ in millions)
$3,000
$2,500 Utility T&D
33%
$827
$1,900 Oil & Gas
$2,000
59%
$1,700
$599
$1,500
$309
Canada
8%
$1,000
$1,913
$1,600
$1,260
$500 $1,192
Total: $419.1 million
$0
2008 2009 2010 (1) 2011 2012
Guidance
Willbros InfrastruX
(1) InfrastruX revenue Jan – Jun 2010 11
June 2012
12. Backlog
Total Backlog by Segment (1) Major Projects
Canada
12% Total Backlog
Oncor
Oil & Gas
29%
MPRP
Utility T&D ECHO
59%
Red River Project
$2.3 billion
12 Month Backlog by Segment (1) NiSource
Oil & Gas Camp Pendleton
52%
Canada
10% Oman LNG Maintenance
Syncrude Maintenance
Husky Sunrise Tanks
Utility T&D
38% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
$1.0 billion 2012 2013
(1)March 31, 2012 12
June 2012
13. Improving Adjusted EBITDA While Reducing Debt
• Year over year Q1 revenue growth driven primarily by our expanded U.S.
upstream presence and service offerings and improved resource utilization in
the Utility T&D segment, especially in the Texas market
• Paid $30 million against the Term Loan during 1Q12 and an additional $6.7
million in 2Q12
($ in millions)
Q1 2012 Q1 2011
Contract revenue $419.1 $323.8
Adjusted EBITDA $6.2 ($6.6)
Adjusted operating loss(1) N/A ($26.6)(1)
Backlog (12 month) 980.8 946.8
Cash 48.9 68.3
Total debt 238.1 355.1
(1)Adjusted operating loss from continuing operations excludes $6 million change in fair value of contingent earn-out liability for Q1 2011.
13
June 2012
14. Liquidity and Free Cash Flow(1)
• Cash and cash equivalents of approximately $48.9 million
• $175 million credit facility
‒ $25 million cash revolver available provided pro-forma leverage ratio does not
exceed 3 to 1
‒ $38 million letters of credit drawn
‒ $59 million cash revolver borrowings
• Maturity profile
‒ $32 million of convertible notes due in December 2012
‒ Senior credit facility due in June 2013
‒ Term loan due in June 2014
• Flexible maintenance and capital expenditure requirements
(1)March 31, 2012 14
June 2012
15. WG is Undervalued Relative to Peers
2013 EV/EBITDA Valuation 2013 Price/Cash Flow Valuation
8x 12x
10x
6x
8x
4x 6x
4x
2x
2x
0x 0x
WG FWLT MTRX MYRG MTZ EXH PIKE DY CBI PWR TTEK TISI EXH WG MTZ MYRG TISI DY FWLT MTRX CBI TTEK PWR
2013 Price/Sales Valuation
0.8x
0.6x
0.4x
0.2x
Source: Thomson One
Pricing as of May 17, 2012
0.0x
WG EXH MYRG MTRX MTZ PIKE FWLT DY CBI PWR TTEK TISI 15
June 2012
16. Key Investment Considerations
• Worldwide brand recognition and reputation for quality, safety and
schedule / price certainty
• Strategically positioned to capture opportunities in to burgeoning
markets including: electric transmission, hydrocarbon infrastructure
and the Canadian oil sands
• Broad range of services enhanced by in-house engineering
• Critical scale, extensive geographic presence and strong customer
base reduces cyclicality and risk
• Balanced revenue base from recurring services and EPC / discrete
projects
• Trading at a discount to peer group based on most valuation
metrics
16
June 2012