Pt Map Boga Adiperkasa Tbk · IDX:MAPB
Pt Map Boga Adiperkasa Tbk — Investor Presentation (August 2020)
35 slides from Pt Map Boga Adiperkasa Tbk's investor presentation, Aug 27, 2020
Slide 1: Public Expose
Public Expose Presentation by Anthony Cottan President Director Jakarta, August 27th 2020 1
Slide 2: MBA Today Overview
MBA Today Over view (End June 2020) 566 Retail Stores 7 Premium F&B Brands 6,329 employees A member of 33 listed on indonesia Stock Exchange MAP group Strategic Cities partnership with general atlantic 2
Slide 3: 2019 Financial Highlights
2019 Financial Highlights 3
Slide 4: Financial Highlights 2019
Financial Highlights 2019 Growth vs LY Revenue 3.09 trillion + 20% EBIT 223.4 billion + 38% EBITDA 457.2 billion + 29% Net Prof it 165.7 billion + 50% 4
Slide 5: Growth Summary
Growth Summary * as restated - to include acquisition of ownership interest in PT Sari Food Lestari (Paul) in Jan 2019 ** In 2020, Group has adopted PSAK 73, Leases. Normalized income is without the impact of PSAK 73 5
Slide 6: Consolidated Income Statement
Consolidated Income Statement * as restated - to include acquisition of ownership interest in PT Sari Food Lestari (Paul) in Jan 2019 ** In 2020, Group has adopted PSAK 73, Leases. Normalized income is without the impact of PSAK 73 6
Slide 7: Segmental Sales Contribution
Segmental Sales Contribution * as restated - to include acquisition of ownership interest in PT Sari Food Lestari (Paul) in Jan 2019 7
Slide 8: Balance Sheet Consolidated
Balance Sheet Consolidated * as restated - to include acquisition of ownership interest in PT Sari Food Lestari (Paul) in Jan 2019 8
Slide 9: Sales Growth (2014 - 2019)
Sales Growth (2014 - 2019) 3,450,000 3,094,880 2,950,000 20.10% CAGR: 23.98% 2,576,852 2,450,000 22.55% 2,102,609 (In Million Rupiah) 1,950,000 20.52% 1,744,618 1,389,125 25.59% 1,450,000 31.45% 1,056,739 950,000 37.33% 450,000 -50,000 2014* 2015* 2016* 2017* 2018* 2019A * as restated - to include a
Slide 10: Net Profit Growth (2014 - 2019)
Net Prof it Growth (2014 - 2019) 175,000 165,726 155,000 CAGR: 25.64% 49.72% 135,000 114,720 110,688 115,000 48.29% (In Million Rupiah) 20.54% 95,000 91,828 77,360 -19.95% 75,000 46.11% 52,946 55,000 167.35% 35,000 15,000 (5,000) 2014* 2015* 2016* 2017* 2018* 2019A * as restated - to include acquisi
Slide 11: Number Of Stores (2017 - Jun 2020)
Number Of Stores (2017 - Jun 2020) 600 566 541 550 125 500 465 119 450 402 400 92 350 300 75 250 200 150 100 50 - 2017* 2018* 2019 1H 20 Number of Stores Sqm (in thousand sqm) * as restated - to include acquisition of ownership interest in PT Sari Food Lestari (Paul) in Jan 2019 11
Slide 12: 2019 Marketing Highlights
2019 M arketing Highlights 12
Slide 13: Store Opening 2019
Store Opening 2019 New store opening : 81 new stores (76 net store addition) Starbucks : 57 Genki Sushi :6 Krispy Kreme :8 Pizza Marzano :3 Cold Stone Creamery : 4 Godiva :2 The Mill :1 Penetrated 2 new cities • Labuan Bajo End 2019 : 541 stores (including 10 Free Standing Starbucks stores) • Gresik
Slide 14: Opening of Starbucks Dewata - Biggest in South East Asia
Opening of Starb ucks Dewata - Biggest in South East Asia Size: 1,850 sqm 14
Slide 15: Opening of First MRT Store
Opening of First MRT Store Starbucks MRT Bundaran HI STARBUCKS 400th STORE 15
Slide 16: Starbucks Rewards Loyalty Program
Starbucks Rewards Loyalty Program Acquired over 258,000 new members End 2019 : 1.68 million members - accounted for 27% of Starbucks revenue in 2019 Aug 2020 : 1.71 million members 16
Slide 17: Greener Way of Operating
Greener Way of Operating Expansion of our “Greener Nusantara” movement to Bandung, Lombok and Labuan Bajo 17
Slide 18: Sustainability Initiatives
Sustainability Initiatives 18
Slide 19: Sustainability Initiatives
Sustainability Initiatives • Starbucks “Rebuilding Lombok” with Habitat for Humanity. Mobilized 500 Partners (Employees) to support rebuilding efforts after earthquake in Lombok. • Starbucks “Creative Youth Entrepreneurship” program for vocational students in 4 cities. • Starbucks “Ayo ke Museum”, a
Slide 20: Starbucks 17th Anniversary
Starbucks 17th Anniversary Exemplifying“Glocalization Starbucks 17th Anniversary Collection - Indonesian Folklore Theme 20
Slide 21: First Starbucks Community Store
First Starbucks Community Store Starbucks Opens First Community Store in Indonesia Starbucks Tanah Abang The store will support two local NGOs to create educational opportunities for children in Jakarta’s Tanah Abang neighbourhood 21
Slide 22: Krispy Kreme - New Store Format
Krispy Kreme - New Store Format Launch of Krispy Kreme Smart Kiosk The first of its kind with in-store digital capabilities 22
Slide 23: Digital Initiatives
Digital Initiatives Role of digital initiatives in Starbucks: A Seamless customer Journey..... Current Starbucks Digital Presence E-Commerce Seamless Order Through WhatsApp • Customer order thru WhatsApp with multiple pick- up options • Pilot in 5 stores Future Projects • Converting all physical vou
Slide 24: Starbucks Digital Menu Board
Starbucks Digital Menu Board 24
Slide 25: Online Delivery & Financial Technology
Online Delivery & Financial Technology Expansion of Fintech partnership & collaboration with Delivery aggregators 25
Slide 26: 2020 & Beyond: Post Covid-19 Strategy
2020 & Beyond: Post Covid-19 Strategy 26
Slide 27: Post Covid-19: Seizing Opportunities
Post Covid-19: Seizing Opportunities Indonesia: Indonesia: F&B potential beyond the crisis will remain durable..... ...and in 2030 7th-largest economy in the world 135 million consuming class members of the 71% producing 86% of GDP of the population in cities 113 million skilled workers needed $1.8
Slide 28: 2020 & Beyond: Post Covid-19 Strategy
2020 & Beyond: Post Covid-19 Strategy Stores vs Digital vs Hybrid Customers Behavior • Location & availability of goods are key factors why customers changed stores. • Locations with closer proximity are important for convenience & safety. • Location is critical to accommodate delivery coverage for
Slide 29: Rightsizing
2020 & Beyond: Post Covid-19 Strategy “Rightsizing” Overall F&B market will continue to grow but Covid-19 will alter customer behaviour • New strategic initiatives like Digital, Drive-Thru, etc., call for different expertise. • A need to streamline processes for highest efficiency & cost effectivene
Slide 30: Prudent expansion
2020 & Beyond: Post Covid-19 Strategy Prudent expansion Store optimisation - store rebuilds and adjustment to store areas PHYSICAL & VIRTUAL = The Hybrid Curbside pick up, smaller footprint… Beijing Express store, just 40m2 No seating just order by app and pick up 30
Slide 31: New experiential-first store format and smart kiosks
2020 & Beyond: Post Covid-19 Strategy • New “experiential-first” store format • Smart Kiosks • Krispy Kreme Harapan Jaya, Bekasi Enhanced in-store digital ordering capabilities 31
Slide 32: Enhanced loyalty programs
2020 & Beyond: Post Covid-19 Strategy Enhanced loyalty programs DIGITAL Revolution that Starbucks calls the “4th Place” Future Projects of Starbucks Rewards Mobile Order & Pay • Mobility, Convenience and Cashless Lifestyle. • Customer Database & Big Data Analytics on SBUX Platform • Target Q4-2020 E
Slide 33: Starbucks Strategic Priorities
Starbucks Strategic Priorities • Focus on Drive Thru store format as the only coffee chain with this concept • Taking advantage of WFH trend by growing presence in new cluster of residential areas • Benefit from larger site selection availability with affordable rental for long term • Opportunity to
Slide 34: Growth Brands Strategic Priorities
Growth Brands Strategic Priorities • Opportunity on Increase site vacancy due to competitors’ downsizings’ or out of business • Leverage on good relationship with Big Developers • Benefit from crisis / disruption to gain market share • Showcase different store type especially for Genki Sushi and Piz
Slide 35: Thank you
Thank you 35
PT Map Boga Adiperkasa — Investor Presentation (August 2020) on 6ix