San Miguel Corporation · PSE:SMC
San Miguel — H1 2017 Earnings Presentation
22 slides from San Miguel's earnings presentation, Aug 10, 2017
Slide 1: Investors' Briefing 2017 First Semester Results
SAN MIGUEL CORPORATION INVESTORS’ BRIEFING 2017 FIRST SEMESTER RESULTS 10 August 2017 SAN MIGUEL 2d San Miguel BREWERY INC. inl PETRON Foods
Slide 2: San Miguel Corporation First Semester 2017
SAN MIGUEL CORPORATION FIRST SEMESTER 2017 IN MILLION PESOS 1H2017 1H2016 CHANGE Net Sales 393,405 329,168 20% Income from Operations 53,443 48,753 10% Net Income 26,093 35,281 -26% Recurring Net Income* 27,603 22,836 21% EBITDA 70,789 63,213** 12% * Excluding one-off gain and forex translation ** R
Slide 3: San Miguel Brewery Inc.
SAN MIGUEL BREWERY INC. FIRST SEMESTER 2017 IN MILLION PESOS 1H2017 1H2016 CHANGE Net Sales 53,060 47,396 12% Income from Operations 14,040 12,574 12% Net Income 9,396 8,252 14% investors’ briefing 2017 first semester results 3
Slide 4: Ginebra San Miguel Inc.
GINEBRA SAN MIGUEL INC. FIRST SEMESTER 2017 IN MILLION PESOS 1H2017 1H2016 CHANGE Net Sales 10,124 8,414 20% Income from Operations 594 414 44% Net Income 265 138 92% investors’ briefing 2017 first semester results 4
Slide 5: San Miguel Pure Foods Company Inc.
SAN MIGUEL PURE FOODS COMPANY INC. FIRST SEMESTER 2017 IN MILLION PESOS 1H2017 1H2016 CHANGE Net Sales 55,947 53,154 5% Income from Operations 4,460 3,602 24% Net Income 3,140 2,499 26% investors’ briefing 2017 first semester results 5
Slide 6: San Miguel Pure Foods: Agro-Industrial
SAN MIGUEL PURE FOODS COMPANY INC. Agro-Industrial IN MILLION PESOS REVENUE +6% 39,476 37,102 1H2016 1H2017 investors’ briefing 2017 first semester results 6
Slide 7: San Miguel Pure Foods: Milling
SAN MIGUEL PURE FOODS COMPANY INC. Milling IN MILLION PESOS REVENUE -2% 4,740 4,649 1H2016 1H2017 investors’ briefing 2017 first semester results 7
Slide 8: San Miguel Pure Foods: Branded Value-Added
SAN MIGUEL PURE FOODS COMPANY INC. Branded Value - Added IN MILLION PESOS REVENUE +4% 12,642 12,147 1H2016 1H2017 investors’ briefing 2017 first semester results 8
Slide 9: San Miguel Packaging Group
SAN MIGUEL PACKAGING GROUP FIRST SEMESTER 2017 IN MILLION PESOS 1H2017 1H2016 CHANGE Net Sales 14,028 13,511 4% Income from Operations 1,404 1,331 6% investors’ briefing 2017 first semester results 9
Slide 10: SMC Global Power Holdings Corp.
SMC GLOBAL POWER HOLDINGS CORP. FIRST SEMESTER 2017 IN MILLION PESOS 1H2017 1H2016 CHANGE Net Sales 40,697 41,072 -1% Income from Operations 13,315 15,741 -15% investors’ briefing 2017 first semester results 10
Slide 11: Greenfield Power Projects
GREENFIELD POWER PROJECTS M A L I T A 2 X 15 0 M W L I M A Y 4 X 15 0 M W POWER PLANT POWER PLANT investors’ briefing 2017 first semester results 11
Slide 12: Petron Corp.
PETRON CORP. FIRST SEMESTER 2017 IN MILLION PESOS 1H2017 1H2016 CHANGE Net Sales 206,958 161,863 28% Income from Operations 14,555 11,479 27% Net Income 8,214 5,279 56% Volume (in million barrels) 52,850 52,616 0% investors’ briefing 2017 first semester results 12
Slide 13: First Semester 2017
FIRST SEMESTER 2017 IN MILLION PESOS 1H2017 1H2016 CHANGE Net Sales 10,895 9,779 11% Income from Operations 5,245 5,035 4% investors’ briefing 2017 first semester results 13
Slide 14: Boracay Airport
FIRST SEMESTER 2017 BORACAY AIRPORT investors’ briefing 2017 first semester results 14
Slide 15: Skyway Stage 3
FIRST SEMESTER 2017 SKYWAY STAGE 3 Ongoing works on Section 1 Ongoing works on Section 3 investors’ briefing 2017 first semester results 15
Slide 16: Skyway Stage 4
FIRST SEMESTER 2017 SKYWAY STAGE 4 investors’ briefing 2017 first semester results 16
Slide 17: TPLEX
FIRST SEMESTER 2017 TPLEX Installation of Median Barrier @ Brgy. Baligi Completed Aloragat Bridge investors’ briefing 2017 first semester results 17
Slide 18: SLEX TR4
FIRST SEMESTER 2017 SLEX TR4 investors’ briefing 2017 first semester results 18
Slide 19: MRT-7
FIRST SEMESTER 2017 MRT - 7 investors’ briefing 2017 first semester results 19
Slide 20: Bulacan Bulk Water
FIRST SEMESTER 2017 BULACAN BULK WATER Bars & formworks installation Concrete pouring & lower ground wall Soil excavation & Slope trimming investors’ briefing 2017 first semester results 20
Slide 21: SMC Financial Position
SMC FINANCIAL POSITION As of As of IN BILLION PESOS June 2017 December 2016 Total Assets 1,350 1,307 Cash 239 203 Interest –bearing Debt 549 518 Current Ratio 1.34x 1.26x Total Liabilities to Equity Ratio 1.99x 1.99x Interest-bearing Debt to Equity Ratio 1.21x 1.19x Net-Debt-to-EBITDA 1.64x 1.91x in
Slide 22: Thank You
THANK YOU. VISIT OUR WEBSITES San Miguel Corporation - www.sanmiguel.com.ph San Miguel Brewery Inc. - www.sanmiguelbrewery.com.ph Ginebra San Miguel Inc. - www.ginebrasanmiguel.com San Miguel Pure Foods Co. Inc. - www.sanmiguelpurefoods.com Petron Corporation - www.petron.com SMC Global Power Holdin