Del Monte Pacific Limited · SGX:D03

Del Monte Pacific — Shareholder Meeting (August 2021)

10 slides from Del Monte Pacific's shareholder meeting presentation, Aug 27, 2021

  1. Slide 1: Resilient Growth: Del Monte Pacific FY2021 Results

    RESILIENT GROWTH DEL MONTE PACIFIC FY2021 RESULTS 27 August 2021 Nourishing Families. Enriching Lives. Every Day.

  2. Slide 2: Contents

    Contents  Summary  FY2021 Results  Dividends  Outlook

  3. Slide 3: FY2021 Highlights

    FY2021 Highlights  DMPL Group improved its gross margin to 25.7% from 21.2% on better sales mix, lower trade spending and lower costs  EBITDA more than doubled to US$309m  Net profit of US$63m was a significant turnaround from the US$81m loss in the prior year  EBITDA of Del Monte Foods surged t

  4. Slide 4: FY2021 Results Summary

    FY2021 Results Summary  Sales of US$2.2bn, +2% Sales % Change Americas -3 Philippines +16 (in peso terms +10) S&W -1 FieldFresh India (equity accounted) -12 (in rupee terms -8) There are no one-off items this period. All figures below are vs prior year period (excluding one-off items):  EBITDA of

  5. Slide 5: DMPL FY2021 Results – As Reported

    DMPL FY2021 Results – As Reported In US$m FY2020 FY2021 Chg (%) Comments Higher Philippines and international market sales partly Turnover 2,128.3 2,162.7 +1.6 offset by USA sales Better sales mix, lower trade spending and active cost Gross profit 452.2 556.0 +23.0 management including savings from

  6. Slide 6: DMPL FY2021 Turnover Analysis

    DMPL FY2021 Turnover Analysis 2% 29% Americas 69% Asia Pacific Europe Americas -2.7%  Strategic planned exit from the non-branded private label retail segment  But branded retail sales grew by 2.5% and e-commerce sales significantly increased continuing the strong growth momentum Asia Pacific +13.

  7. Slide 7: Del Monte Foods USA FY2021 Results

    Del Monte Foods USA FY2021 Results  DMFI’s sales for FY2021 were US$1.5bn or 70% of Group sales  Branded retail sales grew by 2.5% and e-commerce sales significantly increased, continuing the strong growth momentum  However, total sales were down 3% due to strategic planned exit from the non-bran

  8. Slide 8: Del Monte Philippines FY2021 Results

    Del Monte Philippines FY2021 Results  DMPL’s 2nd largest subsidiary, Del Monte PhiIippines, Inc, achieved its record sales of US$705.8m in FY2021, up 14% versus the prior year  Sales in the Philippines rose 16% to US$392.9m, as strong retail sales more than offset the decline in foodservice sales

  9. Slide 9: Dividends

    Dividends  The Board approved a final dividend of 1.20 US cents (US$0.0120) per share to Common Shareholders representing 37% of FY2021 net profit before preference dividends or 54% of net profit after preference dividends For the fiscal year ended 30 April 2020 2021 Name of dividend Special Final

  10. Slide 10: Outlook

    Outlook  Strengthen our core business, expand the product portfolio, in response to market trends for health and wellness, and grow our branded business  More product availability through better distribution and expanded sales channels including e-commerce  DMPL is well-positioned in this environ

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