22 September 2016
Australian Securities Exchange Attention: Companies Department
BY ELECTRONIC LODGEMENT
Dear Sir / Madam
Please find attached a presentation and additional comments to be presented to analysts today regarding Brickworks Limited's financial results for the year ended 31 July 2016, for immediate release to the market.
Yours faithfully BRICKWORKS LIMITED
Susan Leppinus
Company Secretary
[Picture: Lucent Apartments, North Sydney, featuring Austral Precast.]
Good Afternoon Ladies and Gentlemen and welcome to the Brickworks analyst briefing for the year ended 31 July 2016.
Today I will provide an overview of the Brickworks results, before providing more detail on the performance of each of our divisions.
Alex Payne, our Chief Financial Officer is also here for the final time to answer any questions at the conclusion of the presentation. As we have previously announced Alex is currently handing-over to Robert Bakewell who is also here today.
Brickworks corporate structure has provided diversity and stability of earnings over the long term.
There are three main parts to the Brickworks business model:
The Building Products Group consists of Austral Bricks, Austral Masonry, Bristile Roofing, Austral Precast, Auswest Timbers and Specialised Building Systems.
The Land & Development business exists to maximise the value of surplus land created by the Building Products business.
The 42.7% interest in Washington H. Soul Pattinson provides a stable earnings stream and a superior return.