Sunshine Holdings Plc · CSELK:SUN.N0000
Sunshine — Q4 FY2020 Earnings Presentation
17 slides from Sunshine's earnings presentation, May 27, 2020
Slide 1: Earnings Presentation 4QFY20
Earnings Presentation 4QFY20 27th May, 2020
Slide 2: Group Performance
Group Performance
Slide 3: Group at a Glance – 4QFY20 [Jan-Mar]
Group at a Glance – 4QFY20 [Jan-Mar] Adjusted for HPL Divestment • LKR 5.0bn in Revenue; +3.9% YoY • LKR 133m PAT; • PATMI of LKR 96m; Revenue - 4QFY20 • Healthcare revenue; LKR 3.0bn; +17.6% YoY Other, 1% FMCG, • Agri revenue; LKR 0.7bn; -2.7% YoY 25% ▪ 2.3m kg of palm oil, -14.8% YoY LKR 5.0bn • F
Slide 4: Group Financial Highlights
Group Financial Highlights Growth 4Q 4Q Growth LKR m FY20 FY19 % FY20 FY19 % Revenue 20,831 22,642 -8.0% 5,010 6,006 -16.6% EBIT 2,909 2,218 31.1% 353 168 109.8% EBIT Margin 14.0% 9.8% 7.0% 2.8% PAT 1,833 1,146 60.0% 133 (139) n/m PAT Margin 8.8% 5.1% 2.7% -2.3% PATMI 1,115 553 101.5% 96 (144) n/m E
Slide 5: 4Q Revenue Growth Trend
4Q Revenue Growth Trend • 5 Year CAGR of 2% 5 Yr CAGR: 2% 7,000 15% 12% 6,006 11% 6,000 5,618 10% 5,040 9% 7% 5,010 5,000 4,615 5% 4,000 0% LKR m 3,000 -5% 2,000 -10% 1,000 -15% -17% - -20% 4QFY16 4QFY17 4QFY18 4QFY19 4QFY20 Revenue Revenue Growth
Slide 6: 4Q Profitability
4Q Profitability 350 6% 6% 300 5% 250 4% 4% 200 3% 3% 3% 150 LKR m 100 2% 50 1% 169 281 166 133 - 0% (50) 4QFY16 4QFY17 4QFY18 4QFY19 4QFY20 -1% (100) -2% -2% (150) (200) (139) -3% PAT PAT Margin • Net profit of LKR 133m compared to a loss of LKR139m 4Q last year due to; • Better performance in Heal
Slide 7: Segment Performance
Segment Performance
Slide 8: Healthcare
Healthcare Growth 4Q 4Q Growth LKR m FY20 FY19 % FY20 FY19 % Revenue 11,150 9,315 19.7% 2,973 2,528 17.6% EBIT 859 531 61.7% 161 200 -19.5% EBIT Margin 7.7% 5.7% 5.4% 7.9% PAT 510 368 38.6% 103 150 -31.1% PAT Margin 4.6% 3.9% 3.5% 5.9% Highlights • 4QFY20 Revenue up by 17.6% YoY due to higher sales
Slide 9: Retail
Retail 22 Outlets existing outlets in Colombo, including 9 express outlets Highlights • 2Q &3Q revenue growth indicating a strong recovery after Easter Sunday incident. • 4Q operations impacted by COVID-19 • Consumer Curtailed spending on non-essentials • Improve operational efficiency • Improve onl
Slide 10: FMCG
FMCG Growth 4Q 4Q Growth LKR m FY20 FY19 % FY20 FY19 % Revenue 5,448 5,859 -7.0% 1,239 1,524 -18.7% EBIT 417 683 -38.9% (6) 118 -104.8% EBIT Margin 7.7% 11.7% -0.5% 7.8% PAT 297 489 -39.2% 4 97 -96.4% PAT Margin 5.5% 8.3% 0.3% 6.4% Highlights • 4QFY20 Revenue decrease due to sluggish consumer market
Slide 11: Agri
Agri Growth 4Q 4Q Growth LKR m FY20 FY19 % FY20 FY19 % Revenue 3,327 3,082 8.0% 739 760 -2.7% EBIT 1,166 1,036 12.5% 97 126 -23.2% EBIT Margin 35.1% 33.6% 13.1% 16.6% PAT 817 763 7.0% 40 90 -55.5% PAT Margin 24.5% 24.8% 5.4% 11.8% Excluding Tea plantation business Highlights • Revenue decreased by 2
Slide 12: Energy
Energy Growth 4Q 4Q Growth LKR m FY20 FY19 % FY20 FY19 % Revenue 313 356 -12.1% 213 159 34.3% EBIT 93 205 -54.8% 95 84 12.2% EBIT Margin 29.7% 57.7% 44.4% 53.1% PAT (8) 63 n/m 29 (39) n/m PAT Margin -2.6% 17.8% 13.4% -24.4% Highlights • Revenue increase by 34.3% YoY due to the commencement of the th
Slide 13: Additional data for analysts
Additional data for analysts 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q LKR m FY18 FY18 FY18 FY18 FY19 FY19 FY19 FY19 FY20 FY20 FY20 FY20 Revenue 5,164 5,128 5,235 5,618 5,575 5,294 5,768 6,006 5,210 5,329 5,282 5,010 PAT 561 465 489 166 341 443 501 -139 573 657 470 133 PATMI 244 286 160 153 190 234 274 -1
Slide 14: Outlook
Outlook
Slide 15: Outlook for 1Q FY21
Outlook for 1Q FY21 Healthcare Agri • Disruption in logistics operations • Crop to increase with the yield • Strong growth in Medical devices curve shift and Pharmaceuticals • RSPO audit complete. Certificate • Healthguard improve online expected in FY21 presence. Store operations • Increase is milk
Slide 16: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements that are based on management’s current expectations and assumptions. Forward-looking statements include predictions of future results or activities and may contain the words “expects,” “believes,” “should,” “will,” “ant
Slide 17: Thank you
Thank you For more information, Please visit our Investor Relations page http://www.sunshineholdings.lk/investor%20relations/index.php