Quantum Foods Holdings Ltd · JSE:QFH
Quantum Foods — FY2024 Earnings Presentation
15 slides from Quantum Foods's earnings presentation, September 2024
Slide 1: Results Presentation 2024
RESULTS PRESENTATION 2024
Slide 2: Contents
CONTENTS PAGE Business overview 03 A van der Merwe Financial overview 05 A Muller Operational overview 10 A van der Merwe Management focus 13 A van der Merwe Quantum Foods 2 RESULTS PRESENTATION 2024
Slide 3: Business overview
Business overview A van der Merwe
Slide 4: Salient features
SALIENT FEATURES -9 % 80.4 cents R264 MILLION Revenue HEPS Cash flow from operating activities FY2024 • Lower raw material costs • Reduced load shedding • Lower volumes • Lay-off agreements and retrenchments • Layer and broiler breeder flocks recovered • Substantial improvement in broiler operationa
Slide 5: Financial overview
Financial overview A Muller
Slide 6: Statement of income
STATEMENT OF INCOME 2024 2023 For the year ended 30 September Rm Rm Revenue 6 332.1 6 952.6 Operating profit/(loss)* 230.9 (35.9) Income from associate 0.7 1.1 Net finance cost (11.8) (18.1) Profit/(loss) before income tax 219.9 (53.0) Income tax (expense)/credit (59.5) 17.4 Profit/(loss) for the ye
Slide 7: Segment results
SEGMENT RESULTS Adjusted operating profit/(loss)* for the year ended 2024 2023 30 September Rm Rm Eggs 140.1 (42.4) Farming (10.6) (80.3) Animal feeds 94.2 104.2 Other African countries 45.4 (1.4) Head office costs (36.9) (14.8) Profit/(loss) for the year 232.2 (34.7) * Adjusted operating profit exc
Slide 8: Statement of financial position
STATEMENT OF FINANCIAL POSITION 2024 2023 As at 30 September Rm Rm Non-current assets 1 429.1 1 420.3 Net working capital (excluding lease liabilities) 838.9 811.2 Non-current liabilities (excluding borrowings and lease liabilities) (276.5) (243.7) Cash 245.8 71.4 Total net assets 2 237.2 2 059.2 Bo
Slide 9: Statement of cash flows
STATEMENT OF CASH FLOWS 2024 2023 For the year ended 30 September Rm Rm Cash operating profit 384.9 232.2 Working capital (outflow)/inflow (110.1) 52.5 Cash effect of hedging activities – (4.0) Income tax paid (10.5) (4.2) Cash flow from operating activities 264.3 276.4 Capital expenditure (153.4) (
Slide 10: Operational overview
Operational overview A van der Merwe
Slide 11: Operational overview
OPERATIONAL OVERVIEW • Feed operational efficiencies at very high levels • Explosion at the Malmesbury feed mill • Malmesbury expansion project progressing well • Improvement in broiler breeder efficiencies • Improvement in broiler production performance • Layer breeder performance above breed stand
Slide 12: Operational overview
OPERATIONAL OVERVIEW • Disruption in layer cycle • Good utilisation of egg supply • Pack station operational performance improved • Good improvement in efficiencies in rest of Africa business • Drought in Zambia • Costs well managed throughout the business Quantum Foods 12 RESULTS PRESENTATION 2024
Slide 13: Management focus
Management focus A van der Merwe
Slide 14: Priorities for 2025
PRIORITIES FOR 2025 • Restore Malmesbury feed factory raw material intake • Manage Malmesbury feed factory expansion • Balance regional supply of broiler hatching egg production • Continue with broiler efficiency improvements • Capitalise on Lohmann breed performance • Continue with layer farm place
Slide 15: www.quantumfoods.co.za
WWW.QUANTUMFOODS.CO.ZA
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