Guinness Nigeria Plc · NSENG:GUINNESS
Guinness Nigeria — H1 FY2022 Earnings Presentation
17 slides from Guinness Nigeria's earnings presentation, February 2022
Slide 1: F22 GNL Half Year Results Investors' Call
DIAGEO AFRICA F22 GNL Half. Year Results Investors’ Call
Slide 2: F22 Half Year Results Investors' Call agenda
DIAGEO AFRICA F22 Half Year Re' Baker Magunda HALF YEAR RESU LTS F22 Half Year Financial Perfo | Dif INVESTORS’ CALL Emmanuel Difom F22 Priorities Baker Magunda Q&A Rotimi Odusola
Slide 3: F22 Half Year Review
DIAGEO AFRICA F22 Half Year Review Baker Magunda =——_______Managing Director
Slide 4: Nigeria macroeconomic environment: GDP, FX scarcity, inflation, unemployment
GDP and Population FX Scarcity Inflation Unemployment Growth Nigeria External reserve (bn $) Jan’21 Jun’21 Dec’21 NGN for 380 410 412 1$ – Unemployment especially - GDP growth rate still challenged due – Forex Scarcity Challenges. – amongst the youth expected to to sub-optimal foreign direct investm
Slide 5: Within Stout, Mainstream, Premium Spirits, Malts & RTDs
WITHIN STOUT MAINSTREAM PREMIUM SPIRITS MALTS & RTDS SPIRIT
Slide 6: We continue to spend behind our strategic brands
We continue to spend behind our strategic brands… A&P Spend (N’b)
Slide 7: Stakeholder engagement and highlights
AFRICA We continue to engage stakeholders to re-affirm our confidence in our strategy, our progressive culture and leading socio- economic contributions. We have focused on employee wellbeing through the pandemic which helped to build engagement, wellbeing and open new spaces for a more inclusive cu
Slide 8: Inclusion and Diversity, Alcohol in Society, Water Stewardship
AFRICA |. Inclusion and Diversity: * Objective to achieve 50: 50 Gender balance ratio in our recruitment and Internal appointments. * Delivered various CSR and empowerment initiatives (eg. Microenterprise Programmes, Scholarships, “Water of Life Schemes” etc.) to over 200 women to date. * Driving Pr
Slide 9: F22 Half Year Financial Highlights
DIAGEO AFRICA F22 Half Year Financial Highlights Emmanuel Difom Finance and Strategy Director
Slide 10: Revenue by category
IAGE AFRICA F22 REVENUE BY CATEGORY F20 REVENUE BY CATEGORY F21 REVENUE BY CATEGORY 10
Slide 11: 6 Months Ended 31 December 2021 N'000
6 Months Ended 6 Months Ended Var vs. LY 31 December 2021 31 December 2020 N'000 N'000 % Revenue 109,124,503 72,350,739 51% Cost of Sales (72,616,506) (53,765,119) 35% Other income 1,374,017 697,019 97% Marketing expenses (10,738,248) (5,617,762) 91% Distribution expenses (8,093,082) (5,081,132) 59%
Slide 12: Cash, Deposit, and Debt Position
CASH, DEPOSIT, AND DEBT POSITION N’Bn F22 H1 | F21H1 | A% | COMMENT CASH 31.3 31.5 Bullish cash collection largely as a result of the 88% | Distributor Financing Scheme and market forex DEPOSIT 27.9 0.0 illiquidity N’Bn F22 H1 | F21H1 | A% | COMMENT LOANS & Increase in foreign trade loans on the bac
Slide 13: Interest income and interest expense
Interest income = N385.5m; interest expense = N345.8m
Slide 14: F22 Priorities
DIAGEO AFRICA F22 Priorities
Slide 15: F22 priorities by category
WITHIN STOUT MAINSTREAM PREMIUM SPIRITS MALTS & RTDS ✓ GROW SHARE SPIRIT ✓ GROW SHARE ✓ HOLD SHARE ✓ GROW EQUITY ✓ GROW SHARE ✓ HOLD EQUITY ✓ HOLD EQUITY ✓ EXPAND ✓ GROW EQUITY ✓ EXPAND ✓ EXPAND FOOTPRINT ✓ EXPAND FOOTPRINT FOOTPRINT ✓ PROTECT FOOTPRINT ✓ PROTECT ✓ COST MARGINS ✓ PROTECT MARGINS ABS
Slide 16: Q&A
DIAGEO AFRICA Q&A
Slide 17: Cautionary Statement concerning forward-looking statements
Cautionary Statement concerning forward-looking state! This presentation is based on Guinness Nigeria Plc’s un-audited fin scember 2021. Guinness me D) IAGEO “Company”) has obtained some information in this presentation from sources as taken all reasonable AERICA Le that the information herein is ac