Engro Fertilizers Ltd. · PSX:EFERT

Engro Fertilizers — Q1 2015 Earnings Presentation

8 slides from Engro Fertilizers's earnings presentation, 2015

  1. Slide 1: Analyst Briefing 1Q 2015 Business Results

    Analyst Briefing 1Q 2015 Business Results Security Analyst Briefing 1Q 2015

  2. Slide 2: Urea Market Environment

    U REA M ARKET E NVIRONMENT  Domestic urea production rose by 6.3% vs 1Q Urea Industry 1Q 2015 1Q 2014 Change (MT) 2014; led by better capacity utilization Opening  Overall urea sales rose sharply by 9% attributed to Inventory 0.2 0.3 the following Production 1.2 1.1 6%  Carry over demand of 4Q 20

  3. Slide 3: Urea Market Environment

    U REA M ARKET E NVIRONMENT 1Q 2015* Farmer Subsidy (PKR B) 19% 32% 6% 2 GoP Subsidy - Domestic 0% GoP Subsidy on 0% Imports Benefit by Fertilizer 6 2 Industry to farmer 43% EFERT FFC Agri Tech DH Fatima NFML Urea market shares are broadly unchanged Benefit passed on by local urea producers from last

  4. Slide 4: Zarkhez Market Environment

    Z ARKHEZ M ARKET E NVIRONMENT  Total DAP off take marginally shrunk by 1% vs 1Q Phosphate Prices (USD/T) 2014 600 550  DAP & MOP pricing remained stable since 500 December 2014 450 400  The Potash market grew by 6% YoY due to slightly 350 lower prices and direct marketing of MOP in the 1Q 2014 2Q

  5. Slide 5: Gas Update

    G AS U PDATE  Gas for both plants has remained available continuously Gas Available Days  The company is now receiving concessionary gas for Plant 2 (2 Plant Operation) (with effect from March 16, 2015) 100 80  Implementation of compressors for Guddu is nearly complete and within agreed time fram

  6. Slide 6: Business Highlights

    B USINESS H IGHLIGHTS  EFERT 1Q 2015 PAT stood at PKR 3,059 M vs PKR Engro Fertilizers 1Q 1Q 1,437 M in 1Q 2014 (PKR M) 2015 2014  1Q 2015 urea production was 486 KT (+7% YoY) Revenue 17,673 14,896  Better financial performance is attributed to Gross Profit 6,770 5,652  Higher sales of urea by 3

  7. Slide 7: Outlook

    O UTLOOK  At the request of the Government, and without compromising our legal stance on the same, the fertilizer industry agreed to pay GIDC arrears (in installments till June 30, 2015) barring on concessionary gas to the Government. The 1st installment of PKR 4.2 Billion was paid in March  Subje

  8. Slide 8: Q & A Thank You

    Q&A Thank You Security Analyst Briefing 1Q 2015

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