Slide 1: EMPERADOR INC. 9M2021 Investor's Presentation
EMPERADOR INC. 9M2021 Investor’s Presentation
Slide 2: Earnings Snapshot
1 Earnings Snapshot 2 9M2021 Financials
Slide 3: 9M2021 Normalized Net Profit at Php7.93b
9M2021 Normalized Net Profit at Php7.93b “ Normalized net profit at Php7.93b, up 73%; after one-time non-cash deferred tax expense, net profit at Php7.26b, up 24% ”
Slide 4: 9M2021 Financials
1 Earnings Snapshot 2 9M2021 Financials
Slide 5: Highlights
9M2021 Financials – Highlights Php7.93 +11.3% billion Php38.3 Revenue Growth Normalized Net Profit* billion +35% YoY 65% Brandy Php7.26 Revenue 35% Whisky billion Revenue Reported Net Profit* Breakdown +24% YoY * Income attributable to parent
Slide 6: Record Performance Owing To Brandy & Whisky Segments' Strength & Resilience
9M2021 Financials Record Performance Owing To Brandy & Whisky Segments’ Strength & Resilience 3Q21 YoY 9M20 9M21 YoY Commentary Driven by strong whisky and premium brandy Revenue 13,026 +13% 34,467 38,357 +11% sales Gross profit 4,323 11,723 13,889 +14% +18% Better product mix and less promos (Margi
Slide 7: Php7.93b Net Profit, Up 35% - Ex One-time Deferred Tax Expense
9M2021 Financials Php7.93b Net Profit, Up 35% - Ex One-time Deferred Tax Expense 3Q21 YoY 9M20 9M21 YoY Commentary Normalized 2,185 5,869 7,931 net profit -14% +35% (16.8%) (17.0%) (20.7%) Due to higher GP margins (Margin) Impact of tax One-time deferred tax expense due to the 672.4 change for 9.9 s
Slide 8: Revenues, Gross Profit, EBITDA and Net Profit
9M2021 Financials Revenues Gross Profit & Margin 37.2% 36.9% 33.6% 34.7% 38,357 34,467 13,889 +11% 11,723 +18% 12,927 13,026 4,736 4,323 +13% +14% 3Q20 3Q21 9M20 9M21 2Q20 2Q21 1H20 1H21 EBITDA & Margin Net Profit & Margin 27.1% 29.0% 19.7% 18.9% 25.3% 24.2% 16.7% 17.0% 11,114 7,259 8,335 5,869 +33%
Slide 9: 9M2021 Financials – Brandy Segment
9M2021 Financials – Brandy Segment Sustained growth in premium brandy sales amidst pandemic 3Q21 YoY 9M20 9M21 YoY Commentary Continued strength of mainstream and Revenue 8,499 -1% 23,488 24,840 +6% premium brandy sales Gross profit 2,517 7,746 8,523 (Margin) -16% +10% Higher raw material costs (28.
Slide 10: 9M2021 Financials – Whisky Segment
9M2021 Financials – Whisky Segment Persistently Growing Across The Globe 3Q21 YoY 9M20 9M21 YoY Commentary £xxx £xxx £xxx Growth mainly driven by UK, Europe, North Revenue +42% +23% 4,528 10,979 13,517 America and Asia especially China Gross profit 1,806 3,978 5,365 (Margin) +3% +35% Increase in sal
Slide 11: Whisky Segment: Php2.6b in earnings, up 15%, ex one-time deferred tax expense
9M2021 Financials – Whisky Segment Php2.6b in earnings, up 15%, ex one-time deferred tax expense 3Q21 YoY 9M20 9M21 YoY Commentary Normalized Higher income taxes for the whisky business 759 2,011 2,646 net profit -24% +32% capped WMG earnings. (16.7%) (18.2%) (19.5%) (Margin) Impact of tax One-time
Slide 12: 9M2021 Financials – Cash Position
9M2021 Financials – Cash Position EMP maintains strong liquidity and cash position Net Debt to Cash Debt Net Debt Commentary Equity 9M2021 7,455 31,024 23,569 33% Lower net debt to equity due to loan repayment 2020 7,561 33,824 26,263 39% CAPEX and Change in Working Dividends & Cash, beg EBITDA Acqu
Slide 13: End of presentation
EMPERADOR INC. 9M2021 Investor’s Presentation End of presentation