Carlsberg Brewery Malaysia Bhd. · MYX:CARLSBG
Carlsberg Brewery Malaysia Bhd — Q4 2017 Earnings Presentation
19 slides from Carlsberg Brewery Malaysia Bhd's earnings presentation, Feb 14, 2018
Slide 1: Q4'17 Financial Results Press & Analyst Briefing
Q4’17 FINANCIAL RESULTS PRESS & ANALYST BRIEFING 14 February 2018 1
Slide 2: Leadership Change
LEADERSHIP CHANGE lalaysia
Slide 3: Appointment of CFO
Appointment of CFO Lim Chee Keat Aged 46, Malaysian, MICPA, MIA Appointed as Chief Financial Officer (CFO) and Company Secretary on 12 Feb 2018. Responsible for Finance, Legal & Company Secretarial and IT of the Group, including the Finance operations in Carlsberg Singapore. Prior to this appointmen
Slide 4: Appointment of GM, Carlsberg Singapore
Appointment of GM, Carlsberg Singapore Olivier Dubost Aged 44, French, MBA, ESCP Management Business School of Paris Appointed as General Manager, Carlsberg Singapore Pte. Ltd. on 6 Feb 2018; Director, 51% owned subsidiary MayBev Pte. Ltd. Part of Management Team of Carlsberg Malaysia Group to deliv
Slide 5: Financial Performance
FINANCIAL PERFORMA | NE jalaysia
Slide 6: Full Year Net Profit up 7.9%
Full Year Net Profit up 7.9% Revenue up 5.3% to RM1.77b; net profit grew 7.9% to RM221.2m Solid Trade offer Business Strong cash performance adjustment of recovery flow growth in MY RM26.7m in SG, of in Sri Lanka of 36.1% to which RM17.2m RM305.3m related to prior years 6
Slide 7: Our Strategy – SAIL'22
Our Strategy – SAIL’22 • It consists of three levers: • Strengthen the Core • Position For Growth • Deliver Value For Shareholders • Further cascaded down into seven strategic priorities • Supported by two enablers: • Create a Winning Culture • Defend our License to Operate 7
Slide 8: Solid Growth Momentum in Q4
Solid Growth Momentum in Q4 Highlights • Higher net profit by 6.2% to RM 50.0 million as a result of recovery of business in LBCP in Sri Lanka, 2017 absence of tax adjustments in Q4 2017 (had tax adj in Q4 2016) offset by higher commercial investments Revenue Net Profit during the last quarter of 20
Slide 9: Strong cash flow growth
Strong cash flow growth Cash Flow Highlights Cash Flow: RM’000 RM’000 • Free cash flow improved significantly by 36.1% to RM305 million contributed by 31 Dec ’17 31 Dec’16 strong underlying performance and better Cash and Cash Equivalents 70,330 32,319 working capital management with lower inventori
Slide 10: Our Strategy – SAIL'22
Our Strategy —- SAIL’22 - @> @ STRENGTHEN POSITION THE CORE FOR GROWTH Grow in mainstream Win in store ENG revenue streams Fund the journey CREATE A WINNING CUL) "4 DEFEND OUR LICENSE TO O Gistets wD Malaysia Go big in premium Organic growth in operating profit High and stable dividend yield 10
Slide 11: Organic growth in mainstream
Organic growth in mainstream • Total Carlsberg brand volume +7% in 2017 vs 2016. • Carlsberg Green Label activated Oktoberfest campaign, celebrated 170 years of anniversary and marked 25th partnership with Liverpool FC in 2H’17. • Carlsberg Smooth Draught expanded distribution with the launch of 325
Slide 12: Our Strategy – SAIL'22
Our Strategy —- SAIL’22 - @> @ STRENGTHEN POSITION THE CORE FOR GROWTH Grow in Go big in mainstream premium Win in store ENG revenue streams Fund the journey CREATE A WINNING CUL) "4 DEFEND OUR LICENSE TO O Giziels QD Malaysia Organic growth in operating profit High and stable dividend yield 12
Slide 13: 24% growth in Premium brands
24% growth in Premium brands LAUNCH ASAHI CONNOR’S 1664 BLANC SOMERSBY SOMERSBY SUPER DRY +44% +27% SPARKLING +14% +42% ROSÉ 13
Slide 14: Our Strategy – SAIL'22
Our Strategy —- SAIL’22 - @> @ STRENGTHEN POSITION THE CORE FOR GROWTH Grow in Go big in mainstream premium @ Win in store ENG revenue stream: Fund the journey CREATE A WINNING CUL) Organic growth in operating profit ” High and stable dividend yield "4 DEFEND OUR LICENSE TO O Gixien Malaysia 14
Slide 15: Venturing into Craft with Signature Brooklyn Beers
Venturing into Craft with Signature Brooklyn Beers Permanent Seasonal in SG 15
Slide 16: Outlook 1H 2018
OUTLOOK jalaysia 1H 2018
Slide 17: Probably The Most Victorious Year
Probably The Most Victorious Year >8,000 winners Probably the Most Victorious consumer promotion RM500,000,000 Funds raised via Probably the Best Fund-Raising Platform – Top Ten Charity Campaign >30,000 consumers +158 winners Probably the Most Victorious Probably the Best Shopping launch and sponsor
Slide 18: Outlook for 1H 2018
Outlook for 1H 2018 Growth on Carlsberg brand and premium brands to continue; Fund the Journey to continue. Overall consumer sentiments remain soft: macro-economic is not expected to change. In MY – more effective efforts by the Malaysian authorities to curb contraband beer is showing progress in th
Slide 19: Thank You
THANK YOU 19
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