Emperador Inc. · PSE:EMI
Emperador — H1 2016 Earnings Presentation
24 slides from Emperador's earnings presentation, Aug 15, 2016
Slide 1: First Half 2016 Results Briefing
Investors Presentation January 2016 EMPERADOR INC. First Half 2016 Results Briefing August 15, 2016
Slide 2: Our Financials, Our Recent Initiatives, Key Takeaways
1 Our Financials 2 Our Recent Initiatives 3 Key Takeaways
Slide 3: 1H16 Financial Highlights
Our Financials 1H16 Financial Highlights PHP18.4b Net Income Consolidated Margin Revenues 19% Revenue Breakdown Consolidated WMG PHP3.4b Revenue 27% Consolidated Growth EMP Net Income 73% 0.2% * Note: Revenue Breakdown chart, WMG – Whyte & Mackay Group; EMP – excludes WMG 3
Slide 4: 1H16 Performance Update
Our Financials 1H16 Performance Update 2Q16 QoQ YoY 1H15 1H16 YoY Commentary Impact of Russian Standard exit partially offset by Revenues (PHPm) 9,391 4.7% -0.4% 18,322 18,358 0.2% Fundador consolidation, price increase, new products Higher blended GPM due Gross profit (PHPm) 3,466 26.5% -0.5% 6,235
Slide 5: Latest Financial Performance
Our Financials Latest Financial Performance Revenues (PHPm) Gross profit & margin 18,322 18,358 37.3% 38.8% 34.4% 34.9% 0.4% 0.2% 0.5% 6,235 6,206 9,427 9,391 3,483 3,466 0.5% 2Q15 2Q16 1H15 1H16 2Q15 2Q16 1H15 1H16 EBITDA & margin Net income & margin 29.0% 29.7% 21.7% 26.1% 26.0% 19.7% 18.7% 17.8%
Slide 6: Financial History
Our Financials Financial History Revenues* (PHPm) Gross profit* & margin 43,645 39% 32% CAGR 29,865 32,009 35% 36% 35% 32% 13,679 23,594 37% CAGR 10,903 17,355 26% 9,225 8,210 8,456 4,445 2,817 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 EBITDA & margin Net income & margin 30% 28% 28
Slide 7: Segment Breakdown
Our Financials Segment Breakdown Revenues Gross Profit EBITDA Net Income In PHP millions 1H15 1H16 1H15 1H16 1H15 1H16 1H15 1H16 EMP (ex WMG) 11,734 13,398 4,939 4,916 4,394 4,269 2,961 3,059 WMG 6,588 4,960 1,296 1,290 395 508 300 380 EMP 18,322 18,358 6,235 6,206 4,788 4,777 3,261 3,439 (consolida
Slide 8: Robust Capital Position
Our Financials Robust Capital Position Solid Capital Position Net Debt to (PHPm) Cash Debt Net Debt Equity Commentary Use of cash to close Fundador 1H16 20,020 29,220 9,200 18% transaction 20,020 23,959 3,939 8%* * Ex Equity-linked security Additional debt to purchase 2015 29,178 29,159 cash na Fund
Slide 9: Our Recent Initiatives
1 Our Financials 2 Our Recent Initiatives 3 Key Takeaways
Slide 10: Travel Retail
Our Recent Initiatives Travel Retail 10
Slide 11: Travel Retail
Our Recent Initiatives Travel Retail 11
Slide 12: Travel Retail
Our Recent Initiatives Travel Retail 12
Slide 13: Travel Retail
Our Recent Initiatives Travel Retail 13
Slide 14: Supermarkets
Our Recent Initiatives Supermarkets 14
Slide 15: Supermarkets
Our Recent Initiatives Supermarkets 15
Slide 16: Supermarkets
Our Recent Initiatives Supermarkets 16
Slide 17: Supermarkets
Our Recent Initiatives Supermarkets 17
Slide 18: Supermarkets
Our Recent Initiatives Supermarkets 18
Slide 19: Supermarkets
Our Recent Initiatives Supermarkets 19
Slide 20: Supermarkets
Our Recent Initiatives Supermarkets 20
Slide 21: Supermarkets
Our Recent Initiatives Supermarkets 21
Slide 22: Key Takeaways
1 Our Financials 2 Our Recent Initiatives 3 Key Takeaways
Slide 23: Key Takeaways
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 24: End of Presentation
END OF PRESENTATION