2013 Credit Suisse Engineering & Construction Conference
June 6, 2013
Bill Utt – Chairman, President and CEO Sue Carter – Executive Vice President and CFO Zac Nagle – Vice President, Investor Relations & Communications
2013 Credit Suisse Engineering & Construction Conference Bill - - PowerPoint PPT Presentation
2013 Credit Suisse Engineering & Construction Conference Bill Utt Chairman, President and CEO Sue Carter Executive Vice President and CFO June 6, 2013 Zac Nagle Vice President, Investor Relations & Communications Forward
June 6, 2013
Bill Utt – Chairman, President and CEO Sue Carter – Executive Vice President and CFO Zac Nagle – Vice President, Investor Relations & Communications
This presentation contains “forward-looking statements.” All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements include statements about the benefits of the split-off, the discussions of KBR’s business strategies and KBR’s expectations concerning future operations, profitability, liquidity and capital resources. You can generally identify forward- looking statements by terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “objective,” “plan,” “potential,” “predict,” “projection,” “should” or other similar
unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to differ materially from those in the future that are implied by these forward-looking statements. Many of these factors cannot be controlled or predicted. These risks and other factors include those described under “Risk Factors” in KBR’s Annual Report on Form 10-K dated February 20, 2013, Forms 10-Q, recent Current Reports on Forms 8-K, and other Securities and Exchange Commission filings. Those factors, among
projected in, or implied by, the forward-looking statements. As you read and consider this presentation, you should carefully understand that the forward-looking statements are not guarantees of performance or results. KBR cautions you that assumptions, beliefs, expectations, intentions and projections about future events may and often do vary materially from actual results. Therefore, KBR cannot assure you that actual results will not differ materially from those expressed or implied by forward-looking statements. The forward-looking statements included in this presentation are made only as of the date of this document. New risks and uncertainties arise from time to time, and KBR cannot predict those events or their impact. KBR assumes no obligation to update any forward-looking statements after the date of this presentation as a result of new information, future events or developments, except as required by the federal securities laws. Note: All statements reflected on this presentation are as of KBR’s 1Q13 earnings conference call on April 26, 2013
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Edmonton Calgary Wilmington Arlington Raleigh Charlotte Atlanta Houston Birmingham MMM Rio De Janeiro Monterrey Buenos Aires Gothenburg Greenford Leatherhead Frankfurt Algiers Moscow Atyrau Baku Baghdad Kuwait City Dubai Abu Dhabi Dhahran Lagos Luanda Johannesburg New Delhi Beijing Singapore Jakarta Perth Adelaide Melbourne Canberra Sydney Brisbane Ontario Chicago Salt Lake City Doha Dammam Mobile
Gas Monetization
Oil & Gas
Downstream
Technology
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Infrastructure, Government & Power Services
Infrastructure
N.A. Government & Logistics (NAGL)
International Government, Defence & Support Services (IGDSS)
Power & Industrial
Minerals
Construction
Industrial Services
Canada Operations
Building Group
Hydrocarbons
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Note: All statements reflected on this slide are as of KBR’s 1Q13 earnings conference call on April 26, 2013
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Current Gas Mon Projects Progressing
Good Investment of LNG pre-FEEDs and FEEDs
transition
Opportunities in GTL in the U.S. Expanding Share of Wallet for Oil & Gas
Caspian for EPCm for both onshore and offshore
FLNG Opportunities
Oil & Gas Geographically
Lianzi development
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U.S. Shale Gas Opportunities
ammonia plant in excess of $250 million to be constructed in North America
ammonia EPC and technology project in Louisiana
new ethylene furnaces using KBR’s SCORE™ technology
Valley Resources
furnace for INEOS
Middle East Remains Robust for Downstream
Ethylene Project in Uzbekistan
Growth in Technology
technologies, including ammonia, VCC, and ethylene
Technology Inroads in China & India
Beijing, China and Delhi, India
(SCORE™)
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Canada Operations
from:
Energy’s refinery in Edmonton, AB, Canada
Shell Canada’s Quest Carbon Capture and Storage project
Industrial Services
SATORP to provide maintenance services at its Jubail refinery over the next seven years
Building Group
manufacturing markets
U.S. Construction
project provisions in fourth quarter 2012
projects
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North American Government & Logistics
uncertainties and sequestration
Operations Services
services to U.S. forces in Kingdom of Bahrain
Force, Army Corps of Engineers, Department of State)
International Government, Defence & Support Services
Office for Policing and Crime to provide facilities management integrator services
Power & Industrial
Baghouse project for Kentucky Utilities
bid
later in 2013
Infrastructure
(Qatar, Saudi Arabia, Oman, UAE and Iraq)
in Australia and the United States
Minerals
capital projects
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LNG and GTL Opportunities
area
facilities positions KBR well (Pearl GTL and Escravos GTL)
Technology Awards & Opportunities
year
Downstream Awards & Opportunities
ammonia plant in excess of $250 million to be constructed in North America
EPC and technology project in Louisiana
Resources
new ethylene furnaces using KBR’s SCORE™ technology
furnace for INEOS in Texas
EPC prospects potentially in 2013
Power Awards & Opportunities
Baghouse project for Kentucky Utilities
later in 2013
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Note: All statements reflected on this slide are as of KBR’s 1Q13 earnings conference call on April 26, 2013
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80 90 100 110 120 130 140 150 160 170 180 190 200 210 220 2006 2007 2008 2009 2010 2011 2012 3/31/2013
Performance Index
Revenue Backlog Job Income Backlog
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First Quarter 2011 First Quarter 2012 First Quarter 2013
15.3% 12.0% 12.5%
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ERP Spend
*Note: 2013 Guidance reflects mid-point of corporate G&A guidance of $230 million to $250 million, which includes between $30 million to $40 million expected ERP spending (midpoint of $35 million used for graph)
$150 $160 $170 $180 $190 $200 $210 $220 $230 $240 $250 2007 2008 2009 2010 2011 2012 2013 Guidance* Corporate G&A $ in Millions
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