Emeco (EHL) Investor Day 2025 Presentation summary

Business overview and scale

• Largest mining equipment rental provider in Australia, with a fleet of ~850 units and 950+ employees across 7 workshops nationwide.

• Operations span all key mining regions, serving over 200 customers and 260 projects.

• FY25 revenue reached $785m, with operating EBITDA of $301m and low leverage (0.65x).

• Listed on the ASX since 2006, with a diversified revenue base across commodities and customers.

Maintenance and workshop services

• Maintenance and workshop services account for 46% of gross revenue (~$400m) and ~$50m of EBITDA.

• Maintenance revenue and earnings have grown rapidly: 3-year CAGR of 23% for revenue, 83% for EBITDA, and 119% for EBIT.

• Workshops provide mechanical rebuilds, fabrication, field service, and component planning, supporting both rental and external clients.

• 77% of employees are dedicated to maintenance and workshop roles, supported by asset management and logistics teams.

Asset management and technology

• Advanced asset management leverages data analytics, machine learning, and live telemetry for predictive and prescriptive maintenance.

• Condition monitoring extends component life, reduces unplanned failures, and maximizes equipment availability.

• Oil analysis and live data monitoring are central, with proprietary ML models and expert oversight for early risk detection.

• Digital work management and AI tools enhance maintenance execution, oversight, and root cause analysis.