Fraser & Neave — FY2013 Earnings Presentation

4 slides from Fraser & Neave's earnings presentation, Nov 12, 2013

Slide 1: Financial Highlights
12 November 2013 FINANCIAL HIGHLIGHTS Revenue Revenue (Normalised1) 1. Normalised Revenue down (5%) (1%) slightly by $4M $382m $367m 2. Overseas demand for $363m $363m Education products remain strong 3. Offset by lower print selling prices and weak magazine sales YTD 2012 YTD 2013 YTD 2012 YTD 2013
Slide 2: Financial Highlights / Publishing Highlights
FINANCIAL HIGHLIGHTS $ ’million 2013 2012 Chg Revenue 363 382 (5%) Operating Profit1 (b/f EI) 1.8 4.6 (62%) Share of Associates 7.9 (0.6) NM PBIT2 (b/f EI) 9.6 4.1 136% APBE3 2.9 (5.0) NM 1 Denotes profit excluding fair value adjustments on investment properties (FRS40) Before Exceptional Items and
Slide 3: Printing Highlights / Retail & Distribution Highlights
PRINTING HIGHLIGHTS 1. Base print volume was secured through the renewal of major contracts 2. Falling demand from Western markets of US, Europe & Australia counteracted by strategy to increase local & regional print work 3. Overall print volume up but at the expense of declining print prices 4. Kee
Slide 4: In Summary / Thank You!
IN SUMMARY 1. Strategic steps taken to further strengthen and expand the Education Publishing business 2. Efficiency programs for Print Group need to be stepped up further. Renewed focus on local print market where opportunities still abundant 3. Continue to invest in human capital for Education Pub