Jg Summit Holdings Inc. · PSE:JGS

Jg Summit — Q1 FY2015 Earnings Presentation

20 slides from Jg Summit's earnings presentation, May 2015

  1. Slide 1: 1QFY2015 Company Presentation

    MAY 2015 1QFY2015 COMPANY PRESENTATION

  2. Slide 2: Disclaimer

    Disclaimer This presentation contains certain forward looking statements with respect to the financial condition, results of operations and businesses of JG Summit Holdings, Inc. (JG Summit). Such forward looking statements involve known and unknown risks, uncertainties and other factors which may c

  3. Slide 3: Company Overview

    COMPANY OVERVIEW

  4. Slide 4: Company Overview

    Company Overview Market cap: PHP 501.4bn Core businesses Core investments Growth businesses Stake: 55.8% Stake: 67.2% Stake: 61.0% Stake: 8.0% Market cap: PHP 469.0bn Market cap: PHP 51.4bn Market cap: PHP 122.4bn Market cap: PHP 605.0bn Attributable Market Cap: Attributable Market Cap: Attributable

  5. Slide 5: Financial Results

    FINANCIAL RESULTS

  6. Slide 6: Key Financial Highlights

    Key Financial Highlights In PhP Billions 1Q 14 1Q 15 Growth % Revenues 43.42 57.05 +31.4 Net Income from Equity Holders of the Parent 5.38 5.98 +11.2 Core Net Income After Taxes 5.61 6.18 +10.1 EBITDA 12.02 15.14 +25.9  Revenues driven by strong performance of all businesses:  URC up 24% due to gr

  7. Slide 7: Growing Revenues from Strong Operations

    Growing Revenues from Strong Operations REVENUE DISTRIBUTION REVENUE BREAKDOWN (in PhP Billions) Growth Equity in Banking In PhP Billions 1Q14 1Q15 Dividend % net Php0.7bn Income earnings of 1% Php1.6bn associates URC 23.0 28.6 +24% Php1.7bn 3% 3% Petrochem Php5.2bn CEB 11.8 14.2 +21% 9% RLC Php4.9b

  8. Slide 8: Growing Earnings from Strong Operations

    Growing Earnings from Strong Operations NET INCOME NET INCOME BREAKDOWN FROM EQUITY HOLDERS OF THE PARENT (in PhP Billions) From Equity Holders of the Parent 1Q14 1Q15 In PhP Billions Cebu Air URC URC 1.8 1.8 Php1.5bn Php1.8bn Others 25% 30% Php0.2bn CEB 0.1 1.5 1% UIC Php0.6bn 11% Meralco RLC 0.7 0

  9. Slide 9: Stable Cash Flow that Supports Growth

    Stable Cash Flow that Supports Growth DIVIDENDS RECEIVED CAPITAL EXPENDITURE (in PhP Billions) (PhP Billions) Rbank URC Php0.0bn 13.7 Php0.9bn 0% 11% Cebu RLC Php3.9bn Php2.6bn 46% 30% 8.6 7.8 Petrochem 7.3 Php1.1bn 6.1 13% 2.7 1Q2015 ACTUAL CAPEX PhP8.52 Billion 2010 2011 2012 2013 2014 1Q2015 2015

  10. Slide 10: Solid Balance Sheet Position

    Solid Balance Sheet Position Growth 2014 1Q 2015 In PhP Billions % Cash* (inc Financial Assets and AFS Investments) 47.00 49.03 +4.3% Total Assets 558.78 561.72 +0.5% Total Financial Debt** 201.84 190.11 -5.8% Total Liabilities 297.17 285.39 -4.0% Total Equity Stockholders’ Equity 207.62 222.04 +7.0

  11. Slide 11: Key Businesses

    KEY BUSINESSES

  12. Slide 12: URC Financial Performance

    URC Financial Performance (in PhP Billions) KEY HIGHLIGHTS Revenues EBIT +22%  Growth for the quarter was driven by 55.6 Branded Foods, Sugar and Feeds.  Strong growth of our powdered beverage 45.7 business (+30%), mainly coming from coffee (+30%).  Snackfoods leg grew 8% led by salty snacks main

  13. Slide 13: URCI Financial Performance

    URCI Financial Performance (in PhP Billions) KEY HIGHLIGHTS  International business grew 38% to Revenues EBIT +38% P16.2B with the consolidation of Griffins 16.2 financials starting mid-November.  Growth came from accelerating sales in 11.8 Thailand Vietnam and Indonesia.  Indonesia was our star

  14. Slide 14: RLC Financial Performance

    RLC Financial Performance Revenues (in PhP Billions) KEY HIGHLIGHTS +14% 9.7 8.5  Malls revenue grew by 12% to P4.4B in 1HFY15. Currently have a portfolio of 39 malls with an average occupancy rate of 95%.  Office buildings division grew by 36% with the new office buildings Cyberscape Alpha and Cy

  15. Slide 15: CEB Financial Performance

    CEB Financial Performance (in PhP Billions) KEY HIGHLIGHTS EBITDAR Revenues EBITDAR Margin  Passenger traffic grew 13.0% to 4.28M from +21% 14.2 3.79M. 11.8  Most extensive domestic network(1): 55 routes, 34 destinations, 2,121 weekly flights(1)  GetGo launched last March 6, 2015 5.2  Tiger Airw

  16. Slide 16: Core Investments

    Core Investments Revenues Service Revenues Revenues (in Php Billions) (in Php Billions) (in S$ millions) 62.6 193.2 41.2 148.1 55.1 40.5 1QFY2014 1QFY2015 1QFY2014 1QFY2015 1QFY2014 1QFY2015 Core Net Income Net Profit* Core Net Income (in Php Billions) (in S$ millions) 60.8 (in Php Billions) 9.8 43.

  17. Slide 17: Growth Businesses

    Growth Businesses Revenue (in PhP Millions) Revenue (in PhP Billions) 5.2 +20% 602.8 721.2 +2485% 0.2 1QFY2014 1QFY2015 1QFY2014 1QFY2015 KEY HIGHLIGHTS KEY HIGHLIGHTS  Slight drop in revenues attributed to lower  Resumed commercial operations in trading gains. November 2014 after completing the p

  18. Slide 18: Plans & Prospects

    PLANS & PROSPECTS

  19. Slide 19: Plans and Prospects

    Plans and Prospects  Commission Central Vietnam and Myanmar facilities  Install additional capacities in PET beverage and snack foods across ASEAN operations and a new bar line in New Zealand  Initiate Global portfolio and branding review for URC and Griffin’s  Open 3 new malls (1 new mall opene

  20. Slide 20: Thank You!

    1a JG SUMMIT HOLDINGS, INC. Make Life Better For Every Filipino THANK YOU!

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