Boral Strategic Update and Developments slide image

Boral Strategic Update and Developments

Property leadership team Boral's team operates across all aspects of the property cycle Property National GM Brian Tasker BORAL (NSW/ACT) Kate Jackson Commercial Manager Phil Taylor Regional Manager Regional & National Quarries Planning Manager (Qld / NT/WA) Paul West National Land Development Manager Judy McKittrick Portfolio Asset Manager Regional & National Void Rehabilitation Graeme Webber Manager (Vic/SA/Tas) Andrew Bondini Acquisitions, Approvals, Asset management, Rehabilitation, End-use, Divestments BORAL Property is an ongoing contributor to earnings Boral has a strong track record of maximising returns from property assets Property earnings • Earnings secured through multi-year projects and smaller sales of surplus land • Investment in strategic asset lifecycle management, portfolio rationalisation, and operational consolidations have released valuable property opportunities • Optimising returns through value-added land management including rezoning for residential or industrial purposes Guidance of -$30m in FY2019 Property EBIT1 A$m 28 24 25 24 29 29 48 37 17-year average Property earnings: $33m 47 54 47 46 63 32 28 28 -30 28 24 8 12 FY01 FY02 FY03 FY04 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19f 1. Excluding significant items (including divestment proceeds from Deer Park Landfill) and ongoing landfill royalties. 33 34
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