Jetwing Symphony Plc · CSELK:JETS.N0000

Jetwing Symphony — Q2 FY2018/19 Earnings Presentation

16 slides from Jetwing Symphony's earnings presentation, November 2018

  1. Slide 1: Q2 FY 2018/19 Earnings Update

    Q2 FY 2018/19 Earnings Update November 2018

  2. Slide 2: Jetwing Symphony's operation portfolio

    Jetwing Symphony’s operation portfolio Jetwing Lake (Dambulla) A luxurious resort set in the center of Jetwing Kaduruketha (Wellawaya) centuries of ancient Sri Lankan history The first agro luxury eco tourism hotel in Sri Lanka offering their guests unique Rooms : 94 experiences Occupancy : 60% ARR

  3. Slide 3: Our key performance highlights

    Our key performance highlights Group highlights Q2FY19 Revenue EBITDA EBIT Occupancy LKR 520Mn (+36%) LKR 194Mn (+81%) LKR 112Mn (+286%) c. 64% Revenue growth of 36% EBITDA margins improved by EBIT margins improved by c. The Group reported an primarily supported by Jetwing c. 81% from the last 286%

  4. Slide 4: Improved performance across parameters with 36% revenue growth and 286% EBIT growth

    Jetwing Symphony records improved performance across parameters with a 36% revenue growth and 286% EBIT growth in the Q2FY19 Q2 Q2 1H 1H FY 19 IPO LKR Mn QoQ YoY FY18 FY19 FY18 FY19 Forecast** • The Group revenue grew by Revenue 383 520 36% 650 819 26% 2,354 36% whilst EBITDA and EBIT Gross Profit 3

  5. Slide 5: Clear growth across the board with five Symphony hotels contributing

    Clear growth across the board with the five Symphony hotels contributing to an EBITDA growth of 81% for Q2FY19 Revenue (LKR Mn) EBITDA (LKR Mn) 1,000 280 26% 240 87% 800 81% 36% Jetwing Surf 200 600 Jetwing Colombo Seven 160 Jetwing Lake 120 400 Jetwing Kaduruketha 80 200 Jetwing Yala 40 0 0 Q2 FY18

  6. Slide 6: Our Operational Hotel Performance

    Our Operational Hotel Performance

  7. Slide 7: Yala – Steady QoQ growth in Revenue and EBIT

    Jetwing Yala – Steady QoQ growth in Revenue and EBIT driven by increase in occupancy and ARR of hotel rooms Q2 Q2 1H 1H 25 80% LKR Mn QoQ YoY Thousands FY18 FY19 FY18 FY19 70% ARR Hotel Revenue 144 164 14% 260 273 5% 20 60% Gross Profit 120 137 14% 212 222 5% 50% ARR Tented 15 Villas EBITDA 48 56 17

  8. Slide 8: Safari Camp – Repositioning as true luxury wildlife experience

    Jetwing Safari Camp – Repositioning itself as true luxury wild life experience for guests • Jetwing Tented Villas was rebranded as Jetwing Safari Camp, a boutique hotel which would offer highly personalized and exclusive experiences for its guests • With Yala being Sri Lanka’s most popular national

  9. Slide 9: Kaduruketha – 95% revenue growth as luxury eco-resort

    Jetwing Kaduruketha – 95% revenue growth as the hotel reaps benefits from its positioning as a luxury eco-resort in Sri Lanka Q2 Q2 1H 1H LKR Mn QoQ YoY 25 60% FY18 FY19 FY18 FY19 Thousands Revenue 20 39 95% 33 52 58% 50% 20 Gross Profit 17 35 106% 27 45 67% 40% Total ARR 15 EBITDA 1 13 1,200% (2) 1

  10. Slide 10: Lake – Significant QoQ revenue and EBITDA growth

    Jetwing Lake – Significant QoQ revenue and EBITDA growth driven by an increase in F&B contribution Q2 Q2 1H 1H LKR Mn QoQ YoY 14 61% FY18 FY19 FY18 FY19 Thousands Revenue 81 121 49% 130 185 42% 12 60% 10 Gross Profit 61 100 64% 98 150 53% Total ARR 59% 8 EBITDA 12 38 217% (2) 40 2,100% 6 12 EBIT (12

  11. Slide 11: Colombo Seven – Operational efficiencies drive EBIT growth of 53%

    Jetwing Colombo Seven – Albeit marginal top-line growth, operational efficiencies resulted in an EBIT growth of 53% Q2 Q2 1H 1H LKR Mn QoQ YoY 16 100% FY18 FY19 FY18 FY19 Thousands 14 90% ARR Deluxe Revenue 137 145 6% 226 237 5% Rooms 80% 12 Gross Profit 115 124 8% 187 202 8% 70% ARR 10 60% Apartmen

  12. Slide 12: Surf – Increased occupancy and ARR resulted in profits

    Jetwing Surf – Increased occupancy and ARR resulted in profits for Q2FY19 Q1 Q2 1H 1H LKR Mn QoQ 35 70% FY19** FY19 FY18 FY19 Thousands Revenue 22 50 127% - 71 30 60% 25 50% Gross Profit 17 44 159% - 61 Total ARR 20 40% EBITDA 1 21 2,000% - 22 15 32 30% EBIT (3) 16 633% - 12 Total 10 20% Occupancy P

  13. Slide 13: Symphony hotels are widely popular and lauded by guests

    Jetwing Symphony hotels are widely popular and are consistently lauded by our guests Source: TripAdvisor 13

  14. Slide 14: Progress Update

    Jetwing SYMPHONY ~ Progress Update

  15. Slide 15: Continued progress on multiple fronts during the quarter

    Jetwing Symphony has continued to make progress on multiple fronts during the quarter Status update on the Jetwing Kandy Gallery Project Symphony Hotels consistently felicitated with a multitude of awards • Jetwing’s latest project is an attempt to create an immersive experience of the rich Kandyan

  16. Slide 16: Q&A

    Q&A

Jetwing Symphony — Q2 FY2018/19 Earnings Presentation on 6ix