San Miguel Corporation · PSE:SMC
San Miguel — 9M 2004 Earnings Presentation
10 slides from San Miguel's earnings presentation, Nov 4, 2004
Slide 1: Investors Briefing: September-YTD Results
INVESTORS BRIEFING SEPTEMBER- YTD RESULTS 04 November 2004
Slide 2: San Miguel Corporation – Consolidated
San Miguel Corporation – Consolidated Revenue growth across most business groups September-Ytd (in billion pesos) 2004 2003 Change Net Sales P 122.4 P 108.1 13% Inc. from Operations P 11.6 P 9.48 22% Net Income P 5.57 P 4.84 15% EBITDA P 17.1 P 13.9 23% EPS 1.96 1.71
Slide 3: Beer Philippines
Beer Philippines Growth momentum sustained September-Ytd (in billion pesos) 2004 2003 Change Sales Revenue P 26.3 P 21.9 20 % Operating Income P 5.20 P 4.13 26 %
Slide 4: Beer International
Beer International Sustained turnaround September-Ytd (in million US $) 2004 2003 Change Sales Revenue $ 191.8 $ 167.6 14% Operating Income $ 4.82 $( 3.90) 223%
Slide 5: Ginebra San Miguel
Ginebra San Miguel Sustaining volumes in domestic and exports September-Ytd (in billion pesos) 2004 2003 Change Sales Revenue P 8.97 P 8.60 4% Operating Income P 2.04 P 1.91 7% Net Income P 1.31 P 1.25 5%
Slide 6: Coca-Cola Beverage Group
Coca-Cola Beverage Group Fixed cost reductions continue September-Ytd (in billion pesos) 2004 2003 Change Sales Revenue P 30.9 P 29.6 4% Operating Income P 2.60 P 1.63 59 %
Slide 7: Packaging Group
Packaging Group Internal demand softens September-Ytd (in billion pesos) 2004 2003 Change Sales Revenue P 12.5 P 13.3 -6% Operating Income P 1.94 P 2.21 -12%
Slide 8: Food Group
Food Group Sustained performance despite raw material cost increases September-Ytd (in billion pesos) 2004 2003 Change Sales Revenue P 41.4 P 35.3 17% Operating Income P 1.27 P 0.83 54%
Slide 9: Food Group
Food Group Sustained performance despite raw material cost increases Chicken, Feeds & Flour Processed Meats (San Miguel Foods, Inc.) (PF-Hormel) • Revenue up 19% to P23.2B • Revenue up 15% to P5.58B • Op. Inc. of P570M • Operating income of P494M Basic Meats BMC with Milk and JellyAce (Monterey Food
Slide 10: Visit our website
Visit our website www.sanmiguel.com.ph