Tata Consumer Products Limited · NSE:TATACONSUM
Tata Consumer Products — Tata Global Beverages — H1 2010-11 Earnings Presentation
18 slides from Tata Consumer Products's earnings presentation, 2010
Slide 1: Analyst Meet 2010/2011 H1 Performance
Analyst Meet 2010/2011- H 1 Performance Peter Unsworth
Slide 2: Performance
Performance Challenging environment, Volume pressures but Top line Growth continues. Group operating income up 5% (underlying increase of 9%) at Rs 2825 crores Investment behind brands and innovation - higher commodity costs
Slide 3: Some Big Wins during H1
Some Big Wins during H1 • Pepsi JV and investment in “Activate” • Growth in GB market share. Support for re-launch of iconic „Tetley tea folks‟ Ad. • Tata Tea volume leadership continues . Value share marginally lower to HUL‟s. • Canadian market records volume and value growth plus road shows. Encou
Slide 4: Branded Sales Trend
Branded Sales Trend 900 800 845 700 600 592 Rs Crores 586 500 400 800 645 300 585 320 200 100 153 184 146 57 61 0 USA Canada & South GB & Africa Europe & Middle South Asia Asia Pacific America East SEP 09 SEP 10
Slide 5: Regional Performance – South Asia
Regional Performance – South Asia • Achievements – Volume leadership maintained with volume share of 18.9%. Marginally behind HUL in value share. – Price decreases taken on key brands to mirror softening of commodity prices – Key Brand initiative on Chakra Gold which strengthened “open up your mind”
Slide 6: Regional Performance – US
Regional Performance – US • Achievements – Investment behind Tetley brand. Aim to capitalise on the strong brand recall in that country. – Coffee commodity price increase recovered through price increases – Tea Manufacturing consolidation to lower costs
Slide 7: Regional Performance – UK and Africa
Regional Performance – UK and Africa • Achievements – Grows volume (26.8%;+0.2%) and value (23.6%; +0.3%) share – Stronger position in speciality categories – Test market launch of SUKK – Significant growth(100%) in super premium „Tea Pigs‟ brand. – New initiatives- T4 Kidz, Soya
Slide 8: Regional Performance – Canada and South America
Regional Performance – Canada and South America • Achievements – Grows volume (41.9%;+1.0%) and value (36.3%;+0.2%) share. – Infusions well received by the market – NPD agenda- Mojito Mint Lime, Calm Camomile Mint in Hot Tea & additional infusion flavours. – Good Earth brand launch
Slide 9: Regional Performance – Europe and Middle East
Regional Performance – Europe and Middle East • Achievements – Grand acquisition delivers YoY growth in the region. – Tetley in Poland grows post distribution stabilisation . – Significant investment behind the brands in markets like Poland, France, Middle East & Russia – Distribution gains with lar
Slide 10: Sustainability and Social Responsibility
Sustainability and Social Responsibility • Four core issues identified for the group: – Ethical Sourcing - Rainforest Alliance certification for the Tetley brand by 2016 – Climate Change – filings in the UK for carbon reduction commitment and measurement of global carbon footprint initiated. – Packa
Slide 11: Going Forward in 2010/2011
Going Forward in 2010/2011 Grow in core tea markets Build scale in US and Russia Disruptive innovation in beverages Expand across beverage categories in India Leverage scale and operations capability to improve efficiency Accelerate culture change
Slide 12: Six Months Ended September 2010/11 Financial Results
Six Months Ended September 2010/11 Financial Results
Slide 13: Financial Review
Financial Review TATA GLOBAL BEVERAGES EY ED tindiaian come, AD
Slide 14: Group Financial Review – Qtr
Group Financial Review – Qtr • Group operating income underlying growth of 6.5%- attributable to price increases, impact of Russia acquisition and offset by adverse exchange rate movements. • Group PBT before exceptional items is impacted due to • commodity cost increases • Investment behind brands
Slide 15: Performance for the Half Year 2010-11
Performance for the Half Year 2010-11 QtrendingSept30 RsCrores YTDendingSept30 2010/11 2009/10 Variance Particulars 2010/11 2009/10 Variance 1446 1403 43 Total Operating Income 2826 2698 127 104 148 -44 EBIT 217 299 -82 21 23 -2 Income From Investments 25 27 -2 -14 -9 -6 Ineterst Expense (net) -26 -
Slide 16: Region wise Total Income
Region wise Total Income Qtr ending Sept 30 YTD ending Sept 30 Total Income Variance Total Income Variance 2010 / 11 2009 / 10 Total Rs Crores 2010 / 11 2009 / 10 Total BRANDS 277 313 (36) USA 586 645 (59) 88 87 0 Canada & South America 153 146 7 329 319 10 GB & Africa 592 585 8 165 115 50 Europe &
Slide 17: Consolidated Balance Sheet
Consolidated Balance Sheet Rs in Crores Particulars - Rs Crores Sep 10 Sep 09 Shareholders Funds 5048 5248 Loans 1712 2430 Deferred Tax 68 50 Total 6828 7729 Fixed Assets 3776 4050 Investments -Long term 479 418 -Current 51 190 Total Loans, Cash and 2176 2798 Escrow - Net Operating Working 429 343 C
Slide 18: Thank You
Thank You TATA GLOBAL BEVERAGES EY ED tindiaian come, AD
Tata Global Beverages — H1 2010-11 Earnings Presentation on 6ix