Fraser & Neave Holdings Bhd. · MYX:F&N
Fraser & Neave Holdings Bhd — FY2023 Earnings Presentation
28 slides from Fraser & Neave Holdings Bhd's earnings presentation, Nov 8, 2023
Slide 1: Thailand Highlights
THAILAND HIGHLIGHTS 8 November 2023
Slide 2: At a Glance
AT A GLANCE FNDT established in Thailand since February 2007. 16,000++ 5 BRANDS IN MILLION BAHT CONDENSED MILK AND AS ANNUAL TURNOVER LIQUID MILK MARKETS 600+ FNDT PERMANENT STAFFS 100% HALAL CERTIFIED PRODUCTS 2 PRODUCTION PLANTS, ROJANA PLANT FOR CANNED MILK AND WANGMUANG PLANT FOR LIQUID MILK OVE
Slide 3: Key Indicators for Thailand Economy
3 0 1 2 3 4 6 7 8 9 5 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Core Inflation Apr-22 Inflation (%YOY) May-22 Headline Inflation Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 7.86 Nov-22 Dec-22 Jan-23 Feb-23 (0.88% Aug’23) Mar-23 0.3% (Sep’23) Apr-23 May-23 Jun-23 Jul-23 Infl
Slide 4: Condensed Milk Market is coming back for Growth
FRASER & NEAVE HOLDINGS BHD Condensed Milk Market is coming back for Growth Total Condensed Milk Sweetened Condensed Milk Unsweetened Condensed Milk Y2019 Y2020 Y2021 Y2022 Y2023 Y2019 Y2020 Y2021 Y2022 Y2023 Y2019 Y2020 Y2021 Y2022 Y2023 Condensed Milk Sweet Unsweet Source: Nielsen Retail Index
Slide 5: FNDT is Number One in all segments
FRASER & NEAVE HOLDINGS BHD FNDT is Number One in all segments. Sweetened Condensed Milk Unsweetened Condensed Milk Total 39% 66% Condensed Milk 19% 11% Others Others Others Others FNDT Others Others FNDT FNDT FNDT FNDT FNDT Oct.’21-Sep.’22 Oct. ‘22-Sep.’23 Oct.’21-Sep.’22 Oct. ‘22-Sep.’23 Oct.’21-S
Slide 6: FNDT continues driving business growth.
FRASER & NEAVE HOLDINGS BHD FNDT continues driving business growth. COVID-19 Y2019 Y2020 Y2021 Y2022 Y2023 Y2024 Y2025 Condensed Milk and Liquid Milk 6
Slide 7: Strengthening Our Footprints in Current Market
Strengthening Our Footprints in CURRENT MARKET 7
Slide 8: Rojana and Wangmuang plants
ROJANA World Class Manufacturing Started since Y2007 WANGMUANG New Plant for Liquid Milk Started since June, Y2022
Slide 9: Wangmuang started operation since June 2022
FRASER & NEAVE HOLDINGS BHD WANGMUANG started operation since June 2022.
Slide 10: Wangmuang Plant can produce both UHT and pasteurized liquid milk
FRASER & NEAVE HOLDINGS BHD WANGMUANG Plant can produce both UHT and pasteurized liquid milk products.
Slide 11: After launch 18 months, we can sell over 1,000,000 units a month
FRASER & NEAVE HOLDINGS BHD After launch 18 months, we can sell over 1,000,000 units a month. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. DF DF DF Jun'22 Jul'22 Aug'22 Sep'22 Oct'22 Nov'22 Dec'22 Jan'23 Feb'23 Mar'23 Apr'23 May'23 Jun'23 Jul'23 Aug'23 Sep'23 Oct'2
Slide 12: The more product range of Magnolia UHT has increased higher market share
FRASER & NEAVE HOLDINGS BHD The more product range of MAGNOLIA UHT has increased higher market share. MNL 10B Launch Mar’22 MNL ACD Launch Jul’22 MAT-Sep 21 MAT-Sep 22 MAT-Sep 23 MNL GINKGO MNL UHT 10b MNL ACD
Slide 13: Bear Brand continues to be Number One
FRASER & NEAVE HOLDINGS BHD BEAR BRAND continues to be Number One
Slide 14: Carnation continues to be Number One
FRASER & NEAVE HOLDINGS BHD CARNATION continues to be Number One. Strengthen Brand Love Loyalty Program via Expanding in-home among Operators “Rewards Campaign” consumption Synchronize at shopfront
Slide 15: Teapot has more SKUs and high growth
FRASER & NEAVE HOLDINGS BHD TEAPOT has more SKUs and high growth. “Celebrate 15 Years Anniversary”
Slide 16: Over 35,000 Hawkers
FRASER & NEAVE HOLDINGS BHD “From Hawker Decoration to be Hawker Connection” Over 35,000 Hawkers
Slide 17: Smart Warehouse Logistics
FRASER & NEAVE HOLDINGS BHD Smart Warehouse Logistics: First operation by November 2021 Productivity, Fast Delivery, Automate WMS and WCS integration, Cost competitiveness RGV AGV Less Forklifts and Headcounts
Slide 18: Strengthening Our Footprints in New Market
Strengthening Our Footprints in NEW MARKET 18
Slide 19: FNDT Business in Cambodia
FRASER & NEAVE HOLDINGS BHD FNDT Business in CAMBODIA MAGNOLIA 2,000+ MB LEADING BRAND OF CONCENSED IS IN BOTH UHT & PASTEURIZED GSR PER Y2023 MILK IS TEAPOT LIQUID MILK Bear Brand Nestle returned to F&N by April’23
Slide 20: Teapot sales: 45 million cans a year in 2023
FRASER & NEAVE HOLDINGS BHD TEAPOT sales started since Y2008 with 1 million cans and now in Y2023, there are 45 million cans sales a year Launched TP SBC 2kg Launched TP SBC 2kg COVID-19 Launched TP Extra First TVC launched in 2014 Y0708 Y0809 Y0910 Y1011 Y1112 Y1213 Y1314 Y1415 Y1516 Y1617 Y1718 Y1
Slide 21: Impact on-ground activities and brand visibility
FRASER & NEAVE HOLDINGS BHD Impact on-ground activities and brand visibility
Slide 22: FNDT Exclusive Distribution Sales in Cambodia
FNDT Exclusive Distribution Sales FRASERTeam & NEAVE HOLDINGS BHD covers all 25 provinces in Cambodia with coverage 8,000+ outlets. X3 X2 5 Vans 2 Tuk Tuk “19 units”
Slide 23: FNDT Export and Beyond
FRASER & NEAVE HOLDINGS BHD FNDT Export and Beyond GREATER CHINA CENTRAL & SOUTH AFRICA Taiwan Africa AMERICA G-China 25% 26% Other ASIA America 4% Other Asia 45%
Slide 24: Explore Opportunity for Import
FRASER & NEAVE HOLDINGS BHD Explore Opportunity for Import
Slide 25: ESG Sustainability
ESG Sustainability:FRASER & NEAVE HOLDINGS BHD Environmental Innovation Projects & Renewable Energy Wang Muang Plant: Zero Discharge & Water Recovery Pond for Recreation Area Innovation projects contributes to environmental caring - 40% Energy & Water reduction - 10% Renewable energy - 50% Packing m
Slide 26: CSR Highlights to Support the Commodity
FRASER & NEAVE HOLDINGS BHD CSR Highlights to Support the Commodity Build Business Partner Agricultural Training & Dairy Learning Center Relationship Practice FNDT supports facilities for Khao Yai Training & Practice for the farmers to FNDT provides an education & Milk Cooperative. develop and impro
Slide 27: FNDT – Double Digit Growth From Now
FNDT – Double Digit Growth From Now
Slide 28: Thank You
THANK YOU LB dl
Fraser & Neave Holdings — FY2023 Earnings Presentation on 6ix