Lucky Core Industries Limited · PSX:LCI
Lucky Core Industries — ICI Pakistan — FY2014-15 Earnings Presentation
24 slides from Lucky Core Industries's earnings presentation, Oct 6, 2015
Slide 1: Analyst Briefing: Financial Results FY 2014-15
Analyst Briefing Financial Results: FY 2014-15 06 October, 2015 Karachi
Slide 2: The History of ICI Pakistan Ltd.
The History of ICI Pakistan Ltd.
Slide 3: Group Overview
Group Overview Building Material Textiles Power Real Estate Commodities, Philanthropy & Chemicals & Healthcare Life Sciences Ocean Tower
Slide 4: Our Vision
€) ICIPAKISTAN uo. Our Vision Our Vision As a partner of choice, we aspire to build our local and international footprint through sustainable growth and by creating value for all our stakeholders.
Slide 5: Our Aspiration
Our Aspiration Build on Springboard for strength of ICI diversification & Pakistan new business Management partnerships capability Internationally position ICI Sustainable and Pakistan as the profitable “Go To” growth company in Pakistan
Slide 6: Health, Safety, Environment and Security (HSE&S)
Health, Safety, Environment and Security (HSE&S) Work related injuries and illnesses are preventable Steps to discover measures to reduce our carbon footprint must be taken whenever practical We must strive for continuous improvement of our HSE&S performance We must align our operating proce
Slide 7: Code of Conduct
Code of Conduct Business Principles Each employee should implement our core values, comply with and observe applicable laws, support fundamental human rights and give due regard to health, safety and environment Business Integrity Bribery and any other form of unethical business practices are pr
Slide 8: Our Values
Our Values Customer Centricity Integrity & Responsibility Innovation Delivering Passion for Enduring People Value
Slide 9: Our Brand
&) ICI PAKISTAN uo. Our Brand
Slide 10: Our Brand
Our Brand The Blue Pearl is our visual identity. Cultivating Growth is our brand promise. • Launched in 2013 • Reflects our distinguished legacy • Encapsulates our new identity • Vibrant overlapping strokes portray our dynamism • Is open and inclusive as we are on a journey together • Positions us t
Slide 11: Our Businesses
Our Businesses … Soda Ash Polyester - Dense Ash - Light Ash - RSB Life Sciences Chemicals -General chemicals -Specialty chemicals -Polyurethanes Animal Health Pharmaceuticals Agri Contd …
Slide 12: NutriCo Pakistan: New Business Ventures
New Business Ventures ICI Pakistan Ltd. completed a 30% equity participation in NutriCo Pakistan Pvt. Ltd during FY ’15 Further 10% investment planned in 2016 NutriCo Pakistan Continuously evaluating opportunities for additional investment options
Slide 13: Top line performance
Top line performance Net Revenue (PKR b) Impacted by falling crude 38.1 37.4 oil and 34.6 petrochemical prices 18.2 2012 2013 6M 2013-14 2014-15 2013-14 PKR b 2014-15 10% 18.7 Polyester 15.8 10% 17% 9.0 Soda Ash 10.1 21% 42% 49% 6.6 Life Sciences 7.7 3.8 Chemicals 3.8 24% 27% Note: Inter-segment rev
Slide 14: Robust Financial Performance
Robust Financial Performance Operating Profit (PKR b) 3.2 2.4 1.8 1.2 Dividend per share* 2012 2013 6M 2013-14 2014-15 11.50 8.00 5.50 EPS 2.00 24.65 19.87 2012 2013 6M 2013-14 2014-15 11.59 8.22 2012 2013 6M 2013-14 2014-15 * Based on Unconsolidated results
Slide 15: Industries we serve
€) ICIPAKISTAN iu. %Industries we serve
Slide 16: Post Acquisition Investments
Post Acquisition Investments Coal Fired Heaters Second tranche of Acquisition Seeds Processing at Polyester investment in NutriCo by YBG Plant PKR 0.8b PKR 360m PKR 9m Dec 2012 Nov 2013 Jun 2014 Oct 2014 Total PKR 6.3b Aug 2013 Dec 2013 Jul 2014 Jun 2015 Launch of new Coal Fired Boilers 1&2 at First
Slide 17: Financial Performance for 2014-15 - Consolidated
Financial Performance for 2014-15 - Consolidated Net Sales Income (NSI) PKR (m) June 30, 2014 June 30, 2015 Variation Soda Ash 8,989 10,135 13% Polyester 18,687 15,754 -16% Life Sciences 6,604 7,734 17% Chemicals 3,798 3,772 -1% ICI Pakistan 38,078 37,395 -2% Operating Result PKR (m) June 30, 2014 J
Slide 18: Soda Ash Business
Soda Ash Business Largest domestic manufacturer and market leader with 70%+ market share Operational since 1944 Used in the manufacture of glass, soaps, detergents, paper etc. Production capacity: 350,000 tons pa Investment in CFB 1&2 made in 2013 Investments in pipeline: CFB 3&4, Expans
Slide 19: Polyester Business
Polyester Business Pioneer in bringing the technology to Pakistan in 1981 Second largest domestic producer with 26% market share Facing profitability challenge due to dumping from Chinese market. Production facility in Sheikhupura with strong manufacturing performance indicators Production
Slide 20: Life Sciences Business
Life Sciences Business Pharmaceuticals Animal Health Agri division - Market leader in cardiovascular - Strong presence for medicines - Strong presence in sunflower, and oncology segment. in poultry and dairy segments. corn and wheat. - Focus on own brands growth. - Animal Health leased - Seed proces
Slide 21: Chemicals Business
Chemicals Business Manufacturing and distribution of quality products and brands in Pakistan Diversified customers including automobiles, construction industry, footwear, appliances, beverages. Customers include Unilever, P&G, Pepsi, Coca Cola, Haier, PEL, Dawlance etc. PKR in Bn 2013-14 2014-
Slide 22: NutriCo Pakistan Pvt. Ltd.
NutriCo Pakistan Pvt. Ltd. NutriCo manages the import, marketing and distribution of nutrition products of Morinaga Milk Industry Co., Ltd. in Pakistan We have strong focus on increasing market share and exploring opportunities for growth Exploring prospects for local manufacturing facility. P
Slide 23: Continued Investment in the future
Continued Investment in the future Coal Fired Heaters Second tranche of Acquisition Seeds Processing at Polyester investment in NutriCo by YBG Plant PKR 0.8b PKR 360m PKR 9m Dec 2012 Nov 2013 Jun 2014 Oct 2014 Total PKR 6.3b Aug 2013 Dec 2013 Jul 2014 Jun 2015 Launch of new Coal Fired Boilers 1&2 at
Slide 24: €) ICI PAKISTAN tro 7aN
€) ICI PAKISTAN tro 7aN | = eee il & ICl PAKISTAN :