Food Empire Holdings Limited · SGX:F03
Food Empire — H1 2025 Earnings Presentation
16 slides from Food Empire's earnings presentation, August 2025
Slide 1: 1H2025 Results Presentation
Click to1H2025 edit Master text styles Results Presentation
Slide 2: Agenda
Agenda 1. Financial Highlights 2. Corporate Developments & Investment Merits 3. Q&As
Slide 3: Financial Highlights
aad Food Empire Financial Highlights DRIVING GROWTH STRENGTHENING ASIA
Slide 4: 1H2025 Financial Overview
1H2025 Financial Overview US$’m 1H2025 1H2024 % Change Revenue 274.1 225.2 21.7 Operating profit 42.8 28.5 50.2 EBITDA 19.6 36.4 (46.2) EBITDA (normalised) 52.2 * 36.4 43.4 Net (loss)/profit after tax (1.1) 23.2 NM ^ Net profit after tax (normalised) 31.5 * 23.2 35.7 ^ Denotes not meaningful * Exclu
Slide 5: 1H2025 Segmental Highlights
1H2025 Segmental Highlights • Russia revenue up 21.6% mainly due to price gains and the Change appreciation of the Russian Ruble against the US dollar US$’m 1H2025 1H2024 (%) • Southeast Asia delivered highest revenue growth. Sales up 25.3% mainly due to Vietnam market, which achieved revenue TOTAL
Slide 6: Revenue Performance
Revenue Performance - Historical HoH and FY Record 1H revenue led to record FY revenue 1H (US$) 476.3 2H (US$) 425.7 FY (US$) 398.4 320.1 284.3 288.6 273 274.1 On track for 251.1 221.0 227.5 another record FY 170.5 as 1H2025 142.8 150.1 140.1 revenue hits new HY 225.2 177.4 198.2 high 141.5 138.5 13
Slide 7: 5-year Revenue Breakdown
5-year Revenue Breakdown By Geography (US$’m) By Segment (US$’m) 476.3 476.3 425.7 19.2 425.7 398.4 61.4 398.4 86.5 21.0 26.2 49.1 71.3 63.1 33.5 320.1 39.6 320.1 30.1 129.4 19.8 274.1 35.9 274.1 273.0 17.4 101.6 273.0 33.6 92.7 17.3 8.4 21.4 26.6 7.2 225.2 37.0 225.2 53.3 96.8 20.1 8.4 11.7 81.0 11
Slide 8: Summary of Cash Flows
Summary of Cash Flows US$’M 1H2025 1H2024 Operating Activities Net cash flows from/(used in) operating activities 32.4 (8.0) Investing Activities Net cash flows used in investing activities (9.8) (3.6) Financing Activities Net cash flows used in financing activities (20.0) (42.8) Net increase/(decre
Slide 9: Balance Sheet & Key Ratios
Balance Sheet & Key Ratios US$’M 1H2025 1H2024 1H2025 1H2024 Total Assets 494.2 396.4 Debt to Equity Ratio 19.2% 15.2% Total Loans and Borrowings 54.9 38.4 Working Capital 103.4 101.6 Shareholders’ Equity* 313.5 279.6 Quick Ratio 2.0 1.5 Free Cash Flow Generated 22.6 (11.6) Current ratio 3.1 2.8 NAV
Slide 10: Declares first-ever interim dividend
Declares first-ever interim dividend 3 consecutive years of increase in ordinary dividends 10.0 Special Dividends (Singapore cents) 8.0 Ordinary Dividends (Singapore cents) 5.0 2.0 4.4 Declares first-ever interim dividend as a 2.2 6.0 strong sign of 5.0 4.4 business confidence 0.6 3.0 1.6 F Y 2021 F
Slide 11: Corporate Developments & Investment Merits
Click to edit Master text Corporate styles Developments & Investment Merits 11
Slide 12: Strong Expansion Pipeline
Strong Expansion Pipeline Recently announced! Expansion of snack 1st coffee mix Expansion of India spray- New freeze-dried soluble production factory in manufacturing facility in dried soluble coffee coffee manufacturing facility Kazakhstan manufacturing facility in Vietnam Malaysia • Commercial out
Slide 13: Overview of Plants
Overview of Plants Packing Packing • Coffee Mix • Coffee Mix (by FY2025) • Tea Packing Ukraine Russia Packing • Coffee Mix • Coffee Mix Kazakhstan Manufacturing India • Freeze-dried soluble coffee (by FY2028) Vietnam Growing focus on Asia Malaysia Manufacturing Others Manufacturing Packing • Spray-d
Slide 14: Growth Drivers & Investment Merits
Growth Drivers & Investment Merits Market leader with widening global presence & Vertically integrated & strategically focused on Asia as strong brand equity key growth area • Market leader of 3-in-1 coffee mixes in Russia, Ukraine, • Vertically integrated manufacturing capabilities to support growi
Slide 15: 5-year Share Price Performance Against FTSE ST All Share Consumer Staples Index
5-year Share Price Performance Against FTSE ST All Share Consumer Staples Index • Strong uptrend since Q1 2022, with the share price tracking the Group’s performance including four consecutive years of Food Empire record revenue from FY2021-FY2024 • Consistently outperformed FTSE ST All Share FTSE S
Slide 16: Thank You
~ od Food Empire Thank You DRIVING GROWTH. STRENGTHENING ASIA. —E