Libstar Holdings Ltd. · JSE:LBR
Libstar — H1 2018 Earnings Presentation
17 slides from Libstar's earnings presentation, Jun 30, 2018
Slide 1: Reviewed Interim Results for the Six Months Ended 30 June 2018
REVIEWED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2018
Slide 2: Salient features
INTERIM RESULTS 2018 Salient features Successful listing on the JSE Limited in May 2018, raising R3 billion primary and “Notwithstanding the fact that the results reflect the impact of secondary capital a challenging trading environment, we were able to generate Revenue increased 14.2% to R4,529 mil
Slide 3: About Libstar
LIBSTAR HOLDINGS LIMITED About Libstar Libstar is a leading producer and supplier of high quality products in the consumer packaged goods (“CPG”) industry and markets a wide range of products in South Africa and globally. The Group provides a multi-product offering in multiple categories across mult
Slide 4: Group Trading and Financial Performance
LIBSTAR HOLDINGS LIMITED INTERIM RESULTS 2018 Group Trading and SEGMENTAL RESULTS Financial Performance 6 months 6 months ended ended 30 Jun 2018 30 Jun 2017 Change R’000 R’000 % Operating conditions in South Africa remain challenging against the backdrop of lower Segmental Revenue consumer spending
Slide 5: Perishables, Ambient Groceries, Snacks & Confectionery
LIBSTAR HOLDINGS LIMITED INTERIM RESULTS 2018 Perishables Perishables revenue increased by 29.8% to R2,173 million, driven by volume growth, mainly The launch of new private label baking aids in the retail channel and commissioning of a due to the acquisition of Sonnendal Dairies and Millennium Food
Slide 6: Strategy, Dividend and Outlook
LIBSTAR HOLDINGS LIMITED INTERIM RESULTS 2018 Strategy Dividend The Board will, at the next year-end reporting date, assess the full year operational Libstar’s strategy is to remain focussed on: performance of the Group and make an appropriate recommendation as to the declaration Channel and categor
Slide 7: Condensed Interim Consolidated Statement of Profit or Loss and Financial Position
LIBSTAR HOLDINGS LIMITED INTERIM RESULTS 2018 REVIEWED CONDENSED INTERIM CONSOLIDATED STATEMENT REVIEWED CONDENSED INTERIM CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME OF FINANCIAL POSITION 6 months 6 months Year At 30 Jun 2018 At 30 Jun 2017 At 31 Dec 2017 ended ended end
Slide 8: Statement of Changes in Equity and Cash Flows
LIBSTAR HOLDINGS LIMITED INTERIM RESULTS 2018 REVIEWED CONDENSED INTERIM CONSOLIDATED STATEMENT REVIEWED CONDENSED INTERIM CONSOLIDATED STATEMENT OF CHANGES IN EQUITY OF CASH FLOWS Put options exercisable 6 months 6 months Year Premium on by non- ended ended ended Defined acquisition controlling 30
Slide 9: Basis of Segmentation
BASIS OF SEGMENTATION The executive management team of the Group has chosen to organise the Group into categories and manage the operations in that manner. The information reported to the chief operating decision maker for the purposes of resource allocation and assessment of segment performance is
Slide 10: Condensed Interim Consolidated Segmental Information
LIBSTAR HOLDINGS LIMITED INTERIM RESULTS 2018 REVIEWED CONDENSED INTERIM CONSOLIDATED SEGMENTAL INFORMATION Year Year 6 months 6 months 6 months 6 months ended ended ended ended ended ended 31 Dec 31 Dec 30 Jun 2018 30 Jun 2017 Change 30 Jun 2018 30 Jun 2017 2017 Change 2017 INFORMATION ABOUT REPORT
Slide 11: Segmental Information (cont.)
LIBSTAR HOLDINGS LIMITED INTERIM RESULTS 2018 SEGMENTAL INFORMATION (CONT.) Year 6 months 6 months Year ended 6 months 6 months ended ended ended 31 Dec ended ended 30 Jun 2018 30 Jun 2017 Change 31 Dec 2017 30 Jun 2018 30 Jun 2017 Change 2017 R’000 R’000 % R’000 R’000 R’000 % R’000 INFORMATION ABOU
Slide 12: Notes to the Reviewed Condensed Interim Consolidated Financial Statements
LIBSTAR HOLDINGS LIMITED INTERIM RESULTS 2018 Notes to the reviewed condensed interim consolidated financial statements 1. Reporting entity 3. Accounting policies Libstar is a leading producer and supplier of high quality products in the CPG industry The accounting policies applied by the Group in t
Slide 13: Other income and Operating Profit
LIBSTAR HOLDINGS LIMITED 6 months 6 months Year ended ended ended 30 Jun 2018 30 Jun 2017 31 Dec 2017 5. Other income R ‘000 R ‘000 R ‘000 Bad debts recovered 13 27 173 Commissions received 16 20 39 Gains on foreign exchange 2 851 41 472 129 337 Realised gain on foreign exchange 35 024 11 711 89 126
Slide 14: Earnings per share, PPE and Financial instruments
LIBSTAR HOLDINGS LIMITED INTERIM RESULTS 2018 Year 6 months 6 months Year 6 months 6 months ended ended ended ended ended ended 31 Dec 30 Jun 2018 30 Jun 2017 31 Dec 2017 30 Jun 2018 30 Jun 2017 2017 7. Earnings per share R ‘000 R ‘000 R ‘000 R ‘000 R ‘000 R ‘000 The earnings and weighted average nu
Slide 15: Cash generated from continuing operations and Subsequent events
LIBSTAR HOLDINGS LIMITED 6 months 6 months Year 10. Cash generated from ended 30 Jun 2018 ended 30 Jun 2017 ended 31 Dec 2017 continuing operations R ‘000 R ‘000 R ‘000 Profit before taxation from continuing operations 90 023 148 016 367 154 Adjustments for: 304 581 251 720 517 426 Depreciation, amo
Slide 16: Corporate Information
LIBSTAR HOLDINGS LIMITED CORPORATE INFORMATION Registered Office Address Sponsor 1st Floor, 62 Hume Road, Dunkeld, The Standard Bank of South Africa Limited Johannesburg, 2196, South Africa 30 Baker Street, Rosebank, (PO Box 630, Northlands, 2116) Johannesburg, 2196, South Africa (PO Box 61344, Mars
Slide 17: Libstar Holdings Limited
Libstar Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2014/032444/06) (JSE share code: LBR) (ISIN: ZAE000250239) (“Libstar” or the “Company” or the “Group”)