Emperador Inc. · PSE:EMI
Emperador — Q1 2017 Earnings Presentation
18 slides from Emperador's earnings presentation, 2017
Slide 1: Emperador Inc. 1Q17 Financial Results
Investors Presentation January 2016 EMPERADOR INC. 1Q17 Financials Results
Slide 2: Our Financials, Product Initiatives, Key Takeaways
1 Our Financials 2 Ke Product Initiatives 3 Key Takeaways
Slide 3: 1Q17 Financial Highlights
Our Financials 1Q17 Financial Highlights PHP9b Net Income Consolidated Margin Revenues 17% Revenue Breakdown Scotch PHP1.5b Net Income Whisky 27% Consolidated Growth Brandy 73% Net Income 7% 3
Slide 4: 1Q17 Performance Update
Our Financials 1Q17 Performance Update 1Q16 1Q17 YoY Commentary Flat brandy offset by Scotch Revenues (PHPm) 8,967 8,979 0.1% whisky growth Gross profit (PHPm) 2,741 3,047 29% margin for scotch whisky, 11.2% 35% margin for brandy Gross profit margin (%) 30.9% 34.0% EBITDA (PHPm) 1,989 2,149 14% marg
Slide 5: Latest Financial Performance
Our Financials Latest Financial Performance Revenues (PHPm) Gross profit & margin 41,018 37.1% 34.0% 30.9% 15,023 8,967 0.1% 8,979 11.2% 2,741 3,047 2016 1Q16 1Q17 2016 1Q16 1Q17 EBITDA & margin Net income & margin 26.9% 18.8% 23.9% 11,023 22.2% 16.7% 7,693 15.7% 8.0% 1,405 6.6% 1,498 1,989 2,149 20
Slide 6: Financial History
Our Financials Financial History Revenues* (PHPm) Gross profit* & margin 33% 35% 34% 37% 30% 31% 32% 43,645 CAGR 41,018 26% 29,865 32,009 13,679 15,023 23,594 32% 10,903 17,355 CAGR 8,210 9,225 8,456 4,445 2817 2010 2011 2012 2013 2014 2015 2016 2010 2011 2012 2013 2014 2015 2016 EBITDARevenues & ma
Slide 7: Segment Breakdown
Our Financials Segment Breakdown Revenues Gross Profit EBITDA Net Income In PHP millions 1Q16 1Q17 1Q16 1Q17 1Q16 1Q17 1Q16 1Q17 Brandy 6,720 6,626 2,120 2,320 1,723 1,801 1,188 1,196 Whisky 2,247 2,519 620 728 266 348 217 302 EMP 8,967 8,979 2,741 3,047 1,989 2,149 1,405 1,498 (consolidated) *Net o
Slide 8: Solid Capital Position
Our Financials Robust Capital Position Solid Capital Position Net Debt to (PHPm) Cash Debt Net Debt Equity Commentary Increase in cash mainly due to 1Q17 11,645 30,021 18,376 36% receivables collection Use of cash to fund acquisitions, 2016 10,174 29,363 19,189 37% debt repayment, dividend payment 1
Slide 9: Product Initiatives
1 Our Financials 2 Product Initiatives 3Ke Key Takeaways
Slide 10: Building The Whisky Segment
Product Initiatives Building The Whisky Segment Sarap ng SWABE COLA ng Andy Player Whisky + =
Slide 11: Building The Whisky Segment
Product Initiatives Building The Whisky Segment 330ml USD0.55-0.60/ PHP27.50-30
Slide 12: New Product – Shooter
Product Initiatives New Product – Shooter The hottest Emperador ever An Emperador like never before A first of its kind in the Philippines A fiery delicious blend 12
Slide 13: New Product – Shooter: World Class Quality
Product Initiatives New Product – Shooter World Class Quality #1 brandy in the world from the largest brandy company in the world Distinct Taste & Kick Spicy hot cinnamon flavor Strong alcohol kick Extra smooth finish Catalyst Emboldens the consumer to break boundaries 750 ml USD 2.5
Slide 14: Emperador 350ml
Product Initiatives Emperador 350ml 14
Slide 15: Emperador 350ml
Product Initiatives Emperador 350ml A better alternative to local beer by leveraging its stronger alcohol content Value-for-money alternative to local gin and rum brands of comparable bottle size Compelling radio and TV campaign 350ml USD0.84/ PHP42 15
Slide 16: Key Takeaways
1 Our Financials 2 Product Initiatives 3 Key Takeaways
Slide 17: Key Takeaways: Dominance, Premiumization, Profitability
Key Takeaways Dominance, Premiumization, Profitability Future-proofing dominance Premiumization Profitability We want to We are best We want margin secure our positioned to do sustainability dominance in premiumization and stability. Philippine liquor in the Philippines. while making a dent on globa
Slide 18: End of Presentation
ZEA END OF PRESENTATION