Yeo Hiap Seng Ltd · SGX:Y03
Yeo Hiap Seng — FY2021 Earnings Presentation
8 slides from Yeo Hiap Seng's earnings presentation, Feb 25, 2022
Slide 1: H2 and FY2021 Financial Results
H2 and FY2021 Financial Results 25 February 2022
Slide 2: Important Notice
IMPORTANT NOTICE Information in this presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and
Slide 3: Highest Yeo's F&B Revenue Since 2016, Net Loss improved $7.1MM
H2 and FY2021 Financial Results Highest Yeo’s F&B Revenue Since 2016, Net Loss improved $7.1MM S$ million H2 FY2021 H2 FY2020 Y/Y FY2021 FY2020 Y/Y Revenue 168.6 159.4 5.8% 337.9 321.8 5.0% Core Yeo's F&B 150.2 139.9 7.4% 304.1 274.3 10.9% % Yeo's F&B / 89% 88% 1pp 90% 85% 5pp Total Revenue Gross Pr
Slide 4: Robust revenue growth across most markets
FY2021 Revenue By Key Markets / Segments Robust revenue growth across most markets • Group Revenue grew 5.0% Y/Y to $337.9 million. • Core Yeo’s F&B revenue highest level since 2016. Grew faster at 10.9% Y/Y to $304.1 million, in line with strategy to focus on core and optimise portfolio. • Home mar
Slide 5: Balance Sheet
FY2021 Financial Results Balance Sheet S$ million 31 Dec 2021 31 Dec 2020 Total assets 685 683 Cash and cash equivalents 231 264 Trade and other receivables-current 73 61 Inventories 57 50 Current assets 363 376 Property, plant and equipment 229 229 Investment properties 53 53 Other financial assets
Slide 6: Cash Flows
FY2021 Financial Results Cash Flows S$ million FY2021 FY2020 Net cash flow (used in)/from operating activities (0.2) 8.3 Capital expenditure, net (12.3) (19.9) Net cash flow used in investment activities (28.7) (18.6) Free cash flow (12.5) (11.7) Dividends paid, net of script dividends (2.0) (17.4)
Slide 7: Outlook
FY2021 Financial Results Outlook In this environment of operating cost inflation and supply chain uncertainty, we will build on our positive momentum and continue to drive core Yeo’s F&B growth, net price increase, SKU rationalization and cost reduction. 6
Slide 8: Thank You
Thank You Investor Relations Contact Media Contact Chan Ying Jian Catherine Ong Group Chief Financial Officer Tel: (65) 9697 0007 Email: cath@catherineong.com Garry Ng Group Financial Controller Romesh Navaratnarajah Tel: (65) 6849 6715 Tel: (65) 9016 0920 Email: IR@yeos.com Email: romesh@catherineo