Slide 1: Investor Presentation Q1 FY2008
Investor Presentation Q1 FY2008
Slide 2: Financial Highlights
Financial Highlights Net Sales (in PhP M) EBIT Branded Consumer Foods Q1 FY 2007 Q1 FY 2008 YoY Q1 FY 2007 Q1 FY 2008 YoY Domestic 4,938 5,932 +20% 475 659 +39% International 1,862 2,020 +8% (37) (38) (3%) Packaging 308 364 +18% (29) (7) +76% Agro-Industrial Farms, Animal Feeds 1,354 1,494 +10% 166
Slide 3: Financial Highlights: BCF Domestic
Financial Highlights BCF Domestic revenue breakdown (Php M) BCF Domestic EBIT breakdown (Php M) YoY YoY Q1 FY 2007 Q1 FY 2008 Q1 FY 2007 Q1 FY 2008 Growth Growth Snackfoods 2,887 3,508 +22% Snackfoods 337 501 +49% Beverage 1,196 1,497 +25% Beverage 104 139 +34% Grocery 650 682 +5% Grocery 26 32 +23%
Slide 4: Philippine snackfood and beverages market
Philippine snackfood and beverages market Chocolates +7% Isotonic drinks +50% Soft/Hard Candies +6% 3-in-1 coffee +49% Snacks +5% Tea +41% Biscuits +0% Energy drinks +20% RTE – Beans +0% Packaged water +11% Instant Noodles -1% Ready to drink – Coffee +10% Tomato Sauce -10% Carbonated soft drink +5%
Slide 5: Financial Highlights: BCF International
Financial Highlights BCF International revenues (US$ ‘000) BCF International EBIT (US$ ‘000) YoY YoY Q1 FY 2007 Q1 FY 2008 Q1 FY 2007 Q1 FY 2008 Growth Growth Thailand 19,483 24,115 +24% Thailand 1,814 1,837 +1% Malaysia / Malaysia / 6,564 8,142 +24% 213 119 (44%) Singapore Singapore Indonesia 6,667
Slide 6: Financial Highlights: Agro-Industrial
Financial Highlights Agro-Industrial Revenues (Php M) YoY Q1 FY 2007 Q1 FY 2008 Growth Feeds 630 683 +8% Farms 724 811 +12% TOTAL 1,354 1,494 +10% Agro-Industrial EBIT (Php M) YoY Q1 FY 2007 Q1 FY 2008 Growth URC Feeds Feeds 88 64 (27%) • Rising costs of inputs such as corn Farms 78 71 (9%) and feed
Slide 7: Financial Highlights: Commodity
Financial Highlights Commodity Revenues (Php M) YoY Q1 FY 2007 Q1 FY 2008 Growth Flour 941 1,280 +36% Sugar 426 495 +16% SUBTOTAL 1,367 1,775 +30% Less Transfers (630) (726) +15% TOTAL 737 1049 +42% URC Sugar • Mill expansion finished in time for Commodity EBIT (Php M) 2008 milling season YoY • PASS
Slide 8: Financial Highlights: Balance Sheet
Financial Highlights Balance Sheet 3 Mos Q1 FY2007 FY2007 FY 2006 Gross Debt and Cash (Php M) BALANCE SHEET FY2008 Cash and Cash Equivalents 19,669 21,592 25,000 Other Current Assets 13,536 11,746 21,592 19,669 Property Plant and Equipment – net 22,504 22,267 20,000 18.831 18.977 Other non-current A
Slide 9: Expectations in 2008
EXPECTATIONS IN 2008 Corporate •Pay off URC 08 bond •Continue 50% dividend pay-out policy •Pursue M&A that will add value to the company •Capital expenditures of about P3 billion in FY2008 •Stock buy-back program Expectations •Positive trends in domestic BCFG to continue, especially in snackfoods •F
Slide 10: Thank You
Fun fer all times, ™ ars of UNIVERSAL ROBINA CORPORATION