Sime Darby Bhd. · MYX:SIME
Sime Darby Bhd — Q3 FY2025 Earnings Presentation
25 slides from Sime Darby Bhd's earnings presentation, May 27, 2025
Slide 1: Analyst Briefing for 9 Months and Q3 FY2025
Sime Darby Berhad Analyst Briefing for 9 Months and Q3 FY2025 Ended 31 March 2025 27 May 2025
Slide 2: Group Financial Results
Group Financial Results
Slide 3: Reported Profit: 9 months ended 31 March 2025
FY 0 5 R Reported Profit: 9 months ended 31 March 2025 In RM Million 9M FY2025 9M FY2024 YoY % Revenue 52,303 48,339 8.2 PBIT 2,437 2,180 11.8 Finance income 80 105 Finance costs (512) (502) Profit before tax 2,005 1,783 12.5 Taxation (447) (445) Profit from continuing operations 1,558 1,338 16.4 No
Slide 4: Core Profit: 9 months ended 31 March 2025
FY 0 5 R Core Profit: 9 months ended 31 March 2025 In RM Million 9M FY2025 9M FY2024 YoY % Reported PBIT from continuing operations 2,437 2,180 11.8 Adjustments • Gain on disposal of Malaysian Vision Valley (“MVV”) (458) (279) • Gain on other disposals (67) - • Forex loss/(gain) on settlement of net
Slide 5: Segmental PBIT: 9 months ended 31 March 2025
FY 0 5 R Segmental PBIT: 9 months ended 31 March 2025 9M FY2025 9M FY2024 Reported Core PBIT In RM Million PBIT Reported Reported Core YoY % YoY % Adjustments Core PBIT Adjustments PBIT PBIT PBIT Continuing operations Industrial 901 (18)1 883 1,068 - 1,068 (15.6) (17.3) Motors 422 (49)2 373 575 - 57
Slide 6: Reported Profit: Quarter ended 31 March 2025
Q FY 0 5 R Reported Profit: Quarter ended 31 March 2025 In RM Million Q3 FY2025 Q3 FY2024 YoY % Revenue 16,313 18,835 (13.4) PBIT 521 759 (31.4) Finance income 24 49 Finance costs (152) (206) Profit before tax 393 602 (34.7) Taxation (117) (151) Profit from continuing operations 276 451 (38.8) Non-c
Slide 7: Core Profit: Quarter ended 31 March 2025
Q FY 0 5 R Core Profit: Quarter ended 31 March 2025 In RM Million Q3 FY2025 Q3 FY2024 YoY % Reported PBIT from continuing operations 521 759 (31.4) Adjustments • Gain on disposal of Hyster operations in New Zealand (26) - • Forex gain on settlement of net investment (5) - Core PBIT from continuing o
Slide 8: Segmental PBIT: Quarter ended 31 March 2025
Q FY 0 5 R Segmental PBIT: Quarter ended 31 March 2025 Q3 FY2025 Q3 FY2024 Reported Core PBIT In RM Million PBIT Reported Reported Core YoY % YoY % Adjustments Core PBIT Adjustments PBIT PBIT PBIT Continuing operations Industrial 221 - 221 359 - 359 (38.4) (38.4) Motors 114 (26) 88 180 - 180 (36.7)
Slide 9: PBIT from continuing operations
PBIT fr m n n ng r n YTD Core PBIT from continuing operations was 1.9% higher mainly due to higher profit contribution from UMW division Q3 FY2025 vs. Q3 FY2024 Q T D 759 (138) (92) (68) 29 31 P 521 B 490 I T Q3 FY24 Industrial Motors UMW Corporate/ Q3 FY25 Disposals/Net Q3 FY25 Core/Reported Others
Slide 10: Snapshot of borrowings position as at 31 March 2025
Q FY 0 5 R Snapshot of borrowings position as at 31 March 2025 Long Term vs Short Term Debt Total Debt RM m n (4)% 10,833 10,389 15,867 080 0 0 10,833 10,389 5 098 5 01 4 470 19 87 December 2024 March 2025 31 December 2023 31 December 2024 31 March 2025 ST Borrowings ST Leases LT Borrowings LT Lease
Slide 11: Industrial Division
Industrial Division
Slide 12: Industrial Division performance
In r Dv n Overall GP% has reduced slightly due to Caterpillar Parts Price decrease in Australasia and slowdown in China construction Australasia 5.8% 15.6% 14,968 14,094 • PBIT decline was mainly impacted by Caterpillar parts price 1,068 901 reduction, while prior year benefitted from one-off large
Slide 13: Industrial Order Book
In r O Higher order book driven by increasing equipment and power systems pipeline 4,787 AUSTRALASIA RM’ mil 4,761 • Mining export volumes across key commodities are expected to remain 4,517 517 robust, driven by continued strong demand across markets. 4,250 567 • In response to tariffs and overall
Slide 14: Strong demand for commodities drives export volumes in Australia
In r O Strong demand for commodities continues to drive export volumes in Australia M rg x r v m m f=f r r x r v m f=f r 1 9 174 174 171 1 8 159 1 090 11 5 1 147 10 5 9 979 2025f 2026f 2027f 2028f 2029f 2030f 2025f 2026f 2027f 2028f 2029f 2030f A r n exports r expected to peak at 174 million tonnes
Slide 15: Motors Division
Motors Division
Slide 16: Motors Division performance
M r Dv n Lower profitability across markets, however, Singapore improved by 12.5% 7.7% 26.6% 28,025 Malaysia 25,877 575 • Lower sales and units assembled impacted profitability. 422 Mar-24 China Mar-25 • Mainland China – Business conditions remain challenging, resulting in losses. Revenue PBIT • Hon
Slide 17: Lower vehicle sales compared with previous period
M r Dv n Lower vehicle sales compared with the previous corresponding period 96,784 25,070 Units Sold* Units Assembled Units sold (9M FY2024: 107,187) (9M FY2024: 39,582) by region * In r n n gnm n 19,285 MALAYSIA 9M FY2025 • Vehicle sales is expected to contract after reaching a record high in 2024
Slide 18: BMW's strategy in China
BMW’ r gy n h n We are confident of BMW’s long-term prospects in China is an important market for BMW. About 30% of BMW Group’s annual sales comes from China. • BMW' n f r h n nv v gn fi n focus n r v h (EVs) AI n gr n n strategic partnerships w h local h companies. • I investing h v y n Shenyang pl
Slide 19: Motors Outlook: Exciting new models to drive sales
M r O Exciting new models to drive sales U m ng m 0 5P r h y nn S E-Hy r fr m RM7 8 000 ( KD) BMW X 40 xDr v A r V v X 70 hn 0 5 BMW S r D nz Z9 GT fr m RM 7 000 M y 0 5 BMW 5 0 M S r fr m RM400 000 0 5 BMW 4 Dr v 5f f Copyright © 2024 Sime Darby Berhad fr m RM 95 000 19
Slide 20: UMW Division
UMW Division
Slide 21: UMW Division: PBIT largely contributed by automotive
UMW D v n PBIT largely contributed by the automotive business 680 Automotive 12,271 • UMWT sold 75,134 units in the current period (corresponding period: 83,756 units). 5,287 309 Mar-24 • UMWT registered improved margins despite the decline in sales Mar-25 volume. • Perodua sold 272,803 units in the
Slide 22: Automotive sales remains resilient
UMW D v n Automotive sales remains resilient Total Industry Volume 14. % 14.0% 4 .8% 45. % 1 .5% 41. % 799,731 816,747 1 .5% 9.1% 720,658 7.4% 10. % 358,102 330,325 508,911 108,107 282,019 101,035 102,317 72,394 190,291 188,122 19,944 85,091 2021 2022 2023 2024 3M2025 2021 2022 2023 2024 3M2025 2021
Slide 23: Perodua Outlook
UMW D v n Perodua Outlook Demand f r Set to launch its first v h remains EV y h n f 2025 healthy • P r r n y Electric Vehicle n h f- f rm wh h h w n gn n r n h M y nA h w 0 5. • Th y h fin h n n rm r’ EV j rn y h gh gh ng h n r r w nn r w r ng f h r y . Copyright © 2024 Sime Darby Berhad 23
Slide 24: Models launched
UMW D v n Models launched The New 2025 Corolla Cross From RM134k The New 2025 Camry From RM222k 2025 Toyota GR Corolla facelift 2025 Toyota Corolla GR Sport 2025 Toyota GR Yaris facelift RM367,000 Copyright © 2024 Sime Darby Berhad RM149,800 RM315,600 24
Slide 25: Thank You
Thank You