Wilmar International Limited · SGX:F34
Wilmar International — Shareholder Meeting (April 2025)
20 slides from Wilmar International's shareholder meeting presentation, Apr 22, 2025
Slide 1: Wilmar International Limited Annual General Meeting
WILMAR INTERNATIONAL LIMITED ANNUAL GENERAL MEETING 22 April 2025
Slide 2: Important Notice
IMPORTANT NOTICE Information in this presentation 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 based on current assumptions which are subject to various risks and which may cha
Slide 3: Agenda
Agenda 1 2024 Financials 2 Business Developments 3 ESG Initiatives 2
Slide 4: 1. 2024 Financials
1. 2024 Financials By Charles Loo Cheau Leong Deputy Chief Operating Officer and Chief Financial Officer 3
Slide 5: 2024 Results at a Glance
2024 Results at a Glance vs 2023* Total Revenue US$ 67.38 billion 0% EBITDA US$ 3.89 billion -2% Net Profit US$ 1.17 billion -23% Core Net Profit US$ 1.16 billion -26% Earnings per share (fully diluted) US$ 0.187 -23% Dividends per share S$ 0.160 -6% Net Debt/Equity 0.94x 0.88x * Includes gain from
Slide 6: Vertically Integrated Business Model
VERTICALLY INTEGRATED BUSINESS MODEL FY2024 5
Slide 7: Key Segment Results
Key Segment Results US$ million unless otherwise stated 2024 2023 Volume (M MT) 33.0 30.7 Food Products Revenue 28,829.3 28,326.4 (Consumer Products, Medium Pack and Bulk) PBT 502.1 294.9 Volume (M MT) 68.7 61.3 Feed and Industrial Products Revenue 42,254.0 41,369.2 (Tropical Oils, Oilseeds and Grai
Slide 8: Cash Flow Highlights
Cash Flow Highlights US$ million FY2024 FY2023 Operating cash flow before working capital changes 3,801 2,953 Add/(less): Changes in working capital, interest (paid)/received (2,429) 932 and income taxes paid Acquisition of subsidiaries, joint ventures and associates (66) (298) Capital expenditure (
Slide 9: Funding and Liquidity
Funding and Liquidity US$ million 31 Dec 2024 31 Dec 2023 Liquid working capital 12,088 10,174 Cash & bank balances (current) 7,120 8,156 Structured deposits 2,390 3,815 21,598 22,145 Total short-term borrowings 21,723 22,242 As at Dec 31, 2024 US$ million Available Utilised Balance Credit facilitie
Slide 10: CAPEX – Funded Internally
CAPEX – Funded Internally # US$ million FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 EBITDA 3,886 3,963 4,734 4,172 3,609 3,024 Less: net tax paid (436) (499) (685) (687) (407) (247) Less: net interest paid (including lease payments) (779) (893) (471) (266) (213) (450) Less: dividend (ordinary) (866) (
Slide 11: Dividends
Dividends 2,500 2,420 18.0 17.0 17.0 17.0 2,000 1,842 16.0 16.0 15.5 1,567 1,486 15.0 1,500 In Singapore cents US$m 1,256 1,164 14.0 1,000 13.0 13.0 12.5 12.0 500 11.0 - 10.0 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 Core Net Profit (US$m) Dividends per share (in Singapore cents)* * Excludes special
Slide 12: 2. Business Developments
2. Business Developments 11
Slide 13: Business Developments
Business Developments Country/Region Highlights China • Launched a range of new rice, wheat flour, edible oils and central kitchen products, focusing on healthier, safer and tastier food options. • Sold Arawana’s rice bran oil in Costco stores across China and the USA. • Our sixth food park in Sheny
Slide 14: Business Developments
Business Developments Country/Region Highlights Vietnam • Completed expansion of grains value-added processing plant and rice bran collection centre. Africa • Began operations of our new saponification plant in Ethiopia. • Commissioned new specialty fats facility in Morocco which produces high-quali
Slide 15: AWL Agri Business Limited
AWL AGRI BUSINESS LIMITED Adani Entered the Entered into Commodities LLP Indian market agreement for completed OFS through Adani option to acquire and AWL fulfilled Wilmar Limited, a shares of AWL free float joint venture with from Adani requirement of the Adani Group. Commodities LLP. 25%. 8 Feb 30
Slide 16: AWL Agri Business Limited
AWL AGRI BUSINESS LIMITED Household Reach One of the largest packaged food companies in India 121 Million #3 #1 Households #2 Retail Touchpoints 2.1 Million #1 Outlets Besan Rice at Pu he ur lse o W s Fl Market Share in Consumer Pack# oil Su Edible • Edible Oils: ~18% gar • Wheat Flour: ~6% • Basmat
Slide 17: Recognised for its Leading Brands and Quality Products
Recognised for its Leading Brands and Quality Products China: • 2024年C-BPI食用油品牌力榜首 by 中国北京–品牌评级机构Chnbrand Arawana • 2024年C-BPI大米和面粉品牌力排行榜榜首 by 中国北京–品牌评级机构Chnbrand • 2024中国500最具价值品牌排行榜149位 by 世界品牌实验室(World Brand Lab) • 第十四届中国粮油榜-中国粮油最具影响力品牌 by 粮油市场报 Indonesia: • Superbrands Indonesia 2024 (Cooking Oi
Slide 18: 3. ESG Initiatives
3. ESG Initiatives 17
Slide 19: Our Sustainability Journey
Our Sustainability Journey • Beyond setting ambitious goals, we want to continue taking real and effective actions to build a greener future for all. • Our Science Based Targets initiative (SBTi) targets were successfully validated in March 2025. These targets cover both near- term and net-zero time
Slide 20: Thank you
Thank you
Wilmar International — Shareholder Meeting (April 2025) on 6ix