East African Breweries Plc · NSEKE:EABL
East African Breweries — H1 FY2013 Earnings Presentation
26 slides from East African Breweries's earnings presentation, Feb 15, 2013
Slide 1: EABL F13 Half Year Results Investor Briefing
DIAGEO EABL F13 Half Year Results Investor Briefing 15th February 2013
Slide 2: Outline of the Half Year Results Briefing
DIAGEO Outline of the Half Year Results Briefing • Introduction Charles Muchene • F13 Half Year Review Devlin Hainsworth • Financial Performance Tracey Barnes • Outlook and Summary Devlin Hainsworth • Q&A 2
Slide 3: Introduction
DIAGEO Introduction Charles Muchene, Chairman
Slide 4: F13 Half Year Business Review
DIAGEO F13 Half Year Business Review Delivering growth and investing for the future Devlin Hainsworth, Group Managing Director & CEO
Slide 5: The market context for our first half
DIAGEO The market context for our first half Kenya • Overall growth in beverage alcohol market, with growth in beer but softness in spirits • Growth in premium category both beer and spirits Uganda • Soft consumer economy led to decline in total beverage alcohol sector Tanzania • Decline in beverage
Slide 6: EABL recorded 10% Net Sales Growth
DIAGEO EABL recorded 10% Net Sales Growth Net Sales Growth vs Last Year Total EABL +10% Kenya +12% Uganda +3% Tanzania +16% EABLi +28% 6 SIX MONTHS ENDING 31 DEC 2012 VS PY
Slide 7: Performance at the premium end has been particularly strong
DIAGEO Performance at the premium end has been particularly strong Beer Spirits Premium Premium +19% +45% Mainstream Mainstream +1% +5% Emerging Emerging +22% -5% 7 NET SALES SIX MONTHS ENDING 31 DEC 2012 VS PY
Slide 8: We are consistent in our strategy focus
DIAGEO We are consistent in our strategy focus Strategic Objectives Winning in Beer Spirits Transformation Geographic Expansion Enablers Supply Route to Market Winning Organisation 8
Slide 9: Investing for the future
DIAGEO Investing for the future • £30m investment in capacity and process improvements for Kenya • Governance capex across our sites • Acquisition of Serengeti Breweries • New plant at Moshi • A new mash filter in Uganda • Acquisition of KBL minority shareholding 9
Slide 10: Transforming the spirits business
DIAGEO Transforming the spirits business 10
Slide 11: Innovating to meet new consumer occasions
DIAGEO Innovating to meet new consumer occasions 11
Slide 12: We are driving a Route to Market break through
DIAGEO We are driving a Route to Market break through 12
Slide 13: Supporting local agriculture
DIAGEO Supporting local agriculture • We work with over 26,000 farmers • Over 110 sourcing agents for local raw materials • Working in partnerships with governments and Agriculture sector development agents for sustainable agriculture development • Investing in research and development – for high yi
Slide 14: A winning organisation
DIAGEO A winning organisation • Investments in our people • Early Career Programme • Growing Leaders Programme • Diageo Leadership Performance Programme • EABL Kenya won „The Best Company to Work For‟ award 14
Slide 15: Leading responsible drinking
DIAGEO Leading responsible drinking 15
Slide 16: Growth across the P&L
DIAGEO Growth across the P&L F13 HY vs F12 HY Net Sales +10% Gross Profit +7% Selling Costs (incl A&P) +10% Operating Profit +7% 16 SIX MONTHS ENDING 31 DEC 2012 VS PY
Slide 17: F13 Half Year Financial Update
DIAGEO F13 Half Year Financial Update Tracey Barnes, Group Finance Director
Slide 18: EABL Group Consolidated Income Statement
DIAGEO EABL Group Consolidated Income Statement Financial Report for the period ended 31 December 2012 (UNAUDITED) EABL Consolidated Profit and Loss Account Six months to Six months to 31-Dec-12 31-Dec-11 Kshs M Kshs M Growth % Net Revenue 30,633 27,777 10% Cost of Sales (16,204) (14,321) 13% Gross
Slide 19: EABL Group Consolidated Income Statement
DIAGEO EABL Group Consolidated Income Statement Financial Report for the period ended 31 December 2012 (UNAUDITED) EABL Consolidated Profit and Loss Account Six months to Six months to 31-Dec-12 31-Dec-11 Kshs M Kshs M Growth % Net Revenue 30,633 27,777 10% Cost of Sales (16,204) (14,321) 13% Gross
Slide 20: EABL Group Consolidated Income Statement
DIAGEO EABL Group Consolidated Income Statement Financial Report for the period ended 31 December 2012 (UNAUDITED) EABL Consolidated Profit and Loss Account Six months to Six months to 31-Dec-12 31-Dec-11 Kshs M Kshs M Growth % Net Revenue 30,633 27,777 10% Cost of Sales (16,204) (14,321) 13% Gross
Slide 21: Interim Dividend
DIAGEO Proposed dividends Proposed Dividends - Kshs Interim Dividend 1.50 21
Slide 22: Delivering growth and investing for the future
DIAGEO Delivering growth and investing for the future Devlin Hainsworth Group Managing Director & CEO
Slide 23: EABL is well positioned to drive growth across East Africa
DIAGEO EABL is well positioned to drive growth across East Africa • Category leading brands • Investment in marketing and innovation • We continue to invest ahead in marketing and routes to market • We invest ahead in capacity • We have a motivated and committed team to execute our strategy 23
Slide 24: Q & A Session
DIAGEO ) eabl nn Q & A Session 24
Slide 25: Thank You
DIAGEO Thank You
Slide 26: Cautionary statement concerning forward-looking statements
DIAGEO Cautionary statement concerning forward-looking statements This presentation contains „forward-looking‟ statements. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. In particular, forward- looking statements include al
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