Investor Presentaiton
DRIVERS OF PERFORMANCE
•
Revenue CAGR of 11%1 p.a.
•
Significant EBIT margin expansion
Successful adoption of Sheetrock® brand-
strengthening our position with price premium
•
•
Synergies: revenue, adjacent products and costs
Cost management
Operational excellence
•
In Australia and Korea:
enhanced product and customer mix
-
underlying market growth
-
robust pricing
1. Compound annual growth rate from FY14 to FY17
2. Underlying EBIT (excluding significant items) to revenue
EBIT margin²
%
USG BORAL
INNOVATION INSPIRED BY YOU."
Excluding $8m in one-off
costs, EBIT margin¹
would have been 14.8%
15.9
14.7
13.9
12.8
11.1
9.3
FY14 FY15
FY16 FY17 1H FY17 1H FY18
STRONG GEOGRAPHIC POSITIONS
USG BORAL
INNOVATION INSPIRED BY YOU."
Plasterboard share1
%
Revenue contribution from largest to smallest
50-55
45-50
35-40
4-6
40-45
20-25
Australia South Thailand China Indonesia India
Korea
40-45
60-652
45-50
Vietnam Malaysia/ Philippines
Singapore
Total PLB demand¹
(m m²)
-190
-300
-90
~2,800
-100
-70
-60
-30
-20
1. USG Boral management estimates for FY17. Note that China 4-6% is based on total China demand however USG Boral's target segment in China is high-end segment only
2. Combined plasterboard share across Malaysia and Singapore
65
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