Golden Agri-Resources Ltd · SGX:E5H
Golden Agri-Resources — Investor Presentation (May 2021)
20 slides from Golden Agri-Resources's investor presentation, May 2021
Slide 1: Company Presentation May 2021
www.goldenagri.com.sg Company Presentation May 2021
Slide 2: Contents
CONTENTS 1 Corporate Overview 3 2 Key Competitive Strengths 5 3 Strategy for Sustainable Growth 11 4 Financial Performance 14 2
Slide 3: Corporate Overview
[a\ Gar gar and food ] CORPORATE OVERVIEW /
Slide 4: Overview of GAR
OVERVIEW OF GAR • Listed on SGX since 1999 • A leading Indonesian plantation group with integrated operations for the production of a wide range of value added palm-based products • Global marketing presence with refining facilities in China and India, sales representative offices and ex-tank operat
Slide 5: Key Competitive Strengths
[a\ Gar gar and food ] KEY COMPETITIVE STRENGTHS /
Slide 6: Leading Indonesian Plantation Group with Integrated Operations and Global Presence
LEADING INDONESIAN PLANTATION GROUP WITH INTEGRATED OPERATIONS AND GLOBAL PRESENCE Processing Processed Research & Plantations Milling Products Development 49 mills Cooking oils Collaboration 14.42mn MT FFB 6 refineries Margarine with CIRAD p.a 4.98mn tpa Shortening Specialty fats 536k ha Seedling C
Slide 7: Core Palm Plantation Business Leading in Scale
CORE PALM PLANTATION BUSINESS LEADING IN SCALE Largest plantation group in Indonesia and second largest globally in planted area ‘000 ha Indonesia Malaysia 583 600 536 400 340 338 288 267 213 188 177 213 200 0 GAR Astra Agro Wilmar Indofood First Bumitama Sime Darby IOI KLK Felda Agri Resources Note
Slide 8: Management Expertise Delivers High Production Yields
MANAGEMENT EXPERTISE DELIVERS HIGH PRODUCTION YIELDS GAR is one of the lowest cost producers with industry-leading efficiencies GAR’s plantation yield is amongst the highest Indonesia Malaysia 4.8 23 4.6 5.0 4.4 CPO yield - MT/ha FFB yield - MT/ha 4.3 21 4.1 4.1 3.8 19 3.4 3.4 4.0 17 3 15 3.0 13 20.
Slide 9: Towards Responsible Palm Oil Production
TOWARDS RESPONSIBLE PALM OIL PRODUCTION GAR stayed committed despite global pandemic Managing COVID-19 • Employee and community safety remain top priority • Complying with all government regulations wherever we operate • Palm oil sector is strategic sector – all our facilities continued to operate •
Slide 10: Empowering Communities
EMPOWERING COMMUNITIES The palm oil industry is effective in creating jobs and alleviating poverty Employment and Infrastructure • GAR provides employment for about 173,500 people in Indonesia • 70,900 permanent employees, 31,800 fixed-term employees and 70,800 smallholders • We promote small and mi
Slide 11: Strategy for Sustainable Growth
STRATEGY FOR SUSTAINABLE GROWTH
Slide 12: GAR Is Well Positioned to Pursue Sustainable Growth
GAR IS WELL POSITIONED TO PURSUE SUSTAINABLE GROWTH GAR is a leading soil-to-table agribusiness with efficient end-to-end supply chain, from sustainable sourcing to global delivery We meet our customers’ needs • Industry-leading portfolio of palm-based value-added products • Positioned to capture gr
Slide 13: GAR Is Well Positioned to Pursue Sustainable Growth
GAR IS WELL POSITIONED TO PURSUE SUSTAINABLE GROWTH We embrace science and technological innovation • Aim for high-productivity and sustainability-focused precision agriculture • High-yielding, drought-and-disease-resistant planting materials • New end product development providing solutions to our
Slide 14: Financial Performance
[a\ Gar gar and food ] FINANCIAL PERFORMANCE /
Slide 15: Consolidated Financial Performance
CONSOLIDATED FINANCIAL PERFORMANCE Robust 1Q 2021 results attributable to CPO price appreciation and normalisation of downstream performance after supply chain disruption in early 2020 (in US$ million) 1Q 2021 1Q 2020 2020 2019 2018 Revenue 2,048 1,657 7,078 6,432 7,167 Gross Profit 485 198 1,150 83
Slide 16: Segmental Results: Plantations and Palm Oil Mills
SEGMENTAL RESULTS Plantations and Palm Oil Mills Strong performance in 2020 supported by the rebound in CPO prices offsetting the lower plantation output as affected by the drought in 2019 2020 2019 2018 Revenue (US$ million) 1,482 1,324 1,451 EBITDA (US$ million) 416 299 391 EBITDA margin 28% 23% 2
Slide 17: Segmental Results: Palm, Laurics and Others
SEGMENTAL RESULTS Palm, Laurics and Others Strong earnings recovery in the second half 2020 after impact from the COVID-19 outbreak in the early part of the year 2020 2019 2018 Revenue (US$ million) 7,058 6,391 7,102 Sales Volume (‘000 tonnes) 10,140 10,843 10,210 EBITDA (US$ million) 255 398 184 EB
Slide 18: Financial Position
FINANCIAL POSITION Our focus is on strong liquidity position amidst the COVID-19 pandemic US$ million 31-Mar-21 31-Dec-20 Change Total Assets 9,087 9,126 -0.4% Cash and short-term investments 1,100 1,097 0.2% Fixed assets1 4,071 4,127 -1% Total Liabilities 4,610 4,695 -2% Net Debt2 849 1,108 -23% In
Slide 19: Disclaimer
DISCLAIMER This presentation has been prepared by Golden Agri-Resources Ltd. (“GAR” or “Company”) for informational purposes, and may contain projections and forward looking statements that reflect the Company’s current views with respect to future events and financial performance. These views are b
Slide 20: Contact Information
If you need further information, please contact: Golden Agri-Resources Ltd c/o 108 Pasir Panjang Road #06-00 Golden Agri Plaza Singapore 118535 Telephone : +65 65900800 Facsimile : +65 65900887 www.goldenagri.com.sg Contact Person : Richard Fung investor@goldenagri.com.sg Golden-agri-resources-ltd @
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