Carlsberg Brewery Malaysia Bhd. · MYX:CARLSBG
Carlsberg Brewery Malaysia Bhd — FY2025 Earnings Presentation
30 slides from Carlsberg Brewery Malaysia Bhd's earnings presentation, Feb 11, 2026
Slide 1: Q4/FY25 Financial Results
Q4/FY25 FINANCIAL RESULTS Analyst & Press Briefing Probably The Best Lounge 11th February 2026
Slide 2: Key Financial Highlights in FY25
FY25 vs. FY24 KEY FINANCIAL HIGHLIGHTS IN FY25 REVENUE -4.9% -3.0% -10.2% The lower revenue was due to the unfavourable Chinese New Year (CNY) timing during the year and subdued RM2.3 bil RM1.7 bil RM560.4 mil consumer sentiment across both markets. PROFIT FROM OPERATIONS +8.1% The higher earnings w
Slide 3: Key Financial Highlights in Q4FY25
Q4FY25 vs. Q4FY24 KEY FINANCIAL HIGHLIGHTS IN Q4FY25 REVENUE -10.8% -6.8% -22.3% RM523.6 mil RM404.1 mil RM119.5 mil The lower revenue was mainly driven by later 2026 CNY timing and lower PROFIT FROM distributor stocks at the end of the year OPERATIONS +23.2% +22.8% +25.4% The higher earnings were p
Slide 4: Proposed Final Dividend of 43 Sen per share
PROPOSED FINAL DIVIDEND OF 43 SEN* per share in Q4FY25 Cumulative interim dividend to 111 sen* per share for FY2025 6 *subject to the shareholders’ approval at the upcoming 56th AGM
Slide 5: Earnings, Dividend per Share and Payout Ratio
FY25 vs. FY24 Q4FY25 VS. Q4FY24 Q4FY25 Q4FY24 FY25 FY24 EARNINGS PER SHARE 31.45 sen 25.77 sen 122.86 sen 110.25 sen DIVIDEND PER SHARE 43 sen* 35 sen 111 sen 100 sen PAYOUT RATIO 137% 136% 90% 91% * Equivalent to a total payout of RM131.5 million 7
Slide 6: Weaker sales due to shorter CNY timing & subdued consumer sentiment
Weaker sales due to shorter CNY timing FY25 vs. FY24 & subdued consumer sentiment -4% -7% in MAINSTREAM sales in PREMIUM sales -47% in ALCOHOL-FREE BREW sales • Shorter Chinese New Year (CNY) timing impacted sales • Sapporo reported double-digit volume growth in both Malaysia and Singapore • Continu
Slide 7: FY25: Strategy Review
FY25: Strategy Review PORTFOLIO CHOICES Accelerate premium beer and AFB ¥ Strengthen mainstream core beer ¥ Step up in Beyond Beer Ya,¥ w EXECUTION EXCELLENCE Excel at sales, marketing and innovation ¥ Drive digital transformation ¥ Manage supply chain end to end ACCELERATE) == SAIL 7) — FUNDING OUR
Slide 8: Making Moments #BestWithCarlsberg
JAN MAR Raikan Kebanggaan Brewing Prosperity Together Sabah & Sarawak MAKING MOMENTS #BESTWITHCARLSBERG FEB MAY - JULY NOV Carlsberg Kopitiam CarlsCrib | Win a Trip to Hong Kong World of Smooth Sneaker Con
Slide 9: Make Celebration Extraordinary
JAN MAY-JUNE Celebrating CNY with Bringing a Fantastique Summer Vibe the Limited Edition 1664 Mahjong Set to GastroBeats MAKE CELEBRATION EXTRAORDINARY APRIL & JUNE NOV-FEB East-meets-West CLOT Collab 1664 x Camille Walala Artist Edition Packaging
Slide 10: Made to Be Different
MAR APR Cheers to the Good Times The Connor’s Shake Express on St. Patrick’s Day MADE TO BE DIFFERENT JUNE-JULY AUG Connor’s Collective | Doubleback Collaboration Taste the Difference with Connor’s Stout Porter Xtra Malt
Slide 11: No Nonsense, Just Great Taste
JUNE Yeonjun of TOMORROW x TOGETHER Somersby Asia’s New Ambassador NO NONSENSE, JUST GREAT TASTE JUNE & SEPT DEC Somersby Mango & Lime Launch Somersby Shandy Launch
Slide 12: Discover Great Taste with Poretti
DISCOVER GREAT TASTE WITH PORETTI LAUNCHED IN JULY’25 14
Slide 13: Bags Accolades at Putra Brand Awards 2025
Bags 4 Accolades at Putra Brand Awards 2025 in Recognition of Consumer Trust & Brand Excellence GOLD SILVER BRONZE BRONZE
Slide 14: FY25: Strategy Review
FY25: Strategy Review PORTFOLIO CHOICES Accelerate premium beer and AFB ¥ Strengthen mainstream core beer ¥ Step up in Beyond Beer EXECUTION EXCELLENCE Excel at sales, marketing and innovation ¥ Drive digital transformation ¥ Manage supply chain end to end ACCELERATE) == SAIL 7) — Wy FUNDING OUR WIN
Slide 15: Future-Ready ERP with Smart Core
Completion by Q3 of 2026 Future-Ready ERP with SMART CORE RM77 million CapEX allocated over a two-year period to upgrade its Enterprise Resource Planning system to Microsoft Dynamics 365, named Smart Core. 17
Slide 16: FY25: Strategy Review
FY25: Strategy Review iY (WY v wv PORTFOLIO EXECUTION CHOICES EXCELLENCE Accelerate Excel at sales, marketing premium beer and AFB and innovation ¥ ¥ Strengthen Drive digital mainstream core beer transformation ¥ ¥ Step up in Manage supply chain Beyond Beer end to end ACCELERATE SAIL ¥ FUNDING OUR J
Slide 17: FY25: Continued Gender Diversity Improvements in Both Countries
FY25: Continued Gender Diversity Improvements in Both Countries Female Ratio 35% Female Ratio 38% 1% 26% 58% 16% (+2pts vs FY24) (+0.9% pts vs FY24) 7% At Carlsberg Malaysia Group, FEMALE makes up: 20% 55% 29% Breakdown by Ethnicity of Management Team of Board of Directors (-12% pts vs FY24) (Unchan
Slide 18: Recognised Where It Matters: Our People
Recognised Where It Matters: Our People • Best Company To Work • Diversity, Equity& Inclusion • Sustainable Workplace Graduates’ Choice • Most Caring Company Awards 2025 5th CONSECUTIVE YEAR • Best Employer Branding GOLD AWARD • Best Campus Recruitment • Best Soft Skills Training • Best Holistic Lea
Slide 19: FY25: On Track to Reach ESG Targets
FY25: On Track to Reach ESG Targets 2.75 96% 2.66hl/hl 0 351 Carbon emission Bottles collected and Water usage Drink driving Days of ZERO kgCO2e/hl recycled per hl of beer Incidents Lost-Time Accidents (2.8 kgCO2e/hl in FY24) (95% in FY24) (2.9 hl/hl in FY24) (0 in FY24) (62 days in FY24) 21
Slide 20: Maintained Our ESG Commitment
Maintained Our ESG Commitment As of December 2025 As of December 2025 MSCI ESG Ratings FTSE4Good ESG Score • Maintained at AA, with improved score • Improved ratings to 3.8 (from 3.6 in FY24) +0.2pts at 6.5 (6.3 in FY24) • Driven by improved scoring in • Driven by improved corporate governance envir
Slide 21: Supplier Day 2025: Human & Labour Rights Focused
Supplier Day 2025: Human & Labour Rights Focused Attended by 66 suppliers from 29 companies (91% attendance rate) In conjunction with Expert speakers from UNDP and International Human Rights Day KPMG Introduced tools to support suppliers: 97% suppliers said that they Carlsberg Self-Assessment have i
Slide 22: Top Ten Charity Campaign 2025
Top Ten Charity Campaign 2025 ACHIEVED TOTAL FUND RAISED RM600 MILLION [1987 – 2025] RAISED RM14.8 MILLION FOR 10 SCHOOLS IN 2025 East Malaysia 3 schools Northern East Coast 1 school 1 school Central 3 schools Southern 2 schools GO GREEN Initiative
Slide 23: Recognised for Corporate Governance Excellence Among Public Listed Companies
Carlsberg Malaysia Recognised for Corporate Governance Excellence Among Public Listed Companies At ASEAN Corporate Governance Conference and Awards Carlsberg Malaysia among 65 Malaysian or 250 Asean Public Listed Companies recognised for demonstrating: • high governance standards, transparency, and
Slide 24: First in the Carlsberg family & Malaysia's beverage manufacturing
First in the Carlsberg family & First in Malaysia’s beverage manufacturing company To be Certified By SIRIM QAS International For ISO 37001:2025 Anti- Bribery Management Systems 26
Slide 25: UNGCMYB 3-Star Lister in ESG Select List 2025
CARLSBERG MALAYSIA: UNGCMYB 3-Star Lister in ESG Select List 2025 by the UN Global Compact Network Malaysia & Brunei (UNGCMYB) THE ESG NORTH STAR ESG BREAKTHROUGH FUTURE-FIT TARGET SETTING INNOVATION & RESPONSIBLE WORKFORCE Net Zero 2040 RM277 million ambition investment in 56% female Anchored on pr
Slide 26: Highest Return-On-Equity at The Edge Billion Ringgit Club 2025
‘Highest Return-On-Equity’ at The Edge Billion Ringgit Club 2025 for 6th consecutive year Return on Shareholders' Fund (%) (2020-2024) 181.1 177.8 134.3 105.1 107.9 HIGHEST RETURN-ON-EQUITY OVER 3 YEARS (2022-2024) 2020 2021 2022 2023 2024 within the Consumers Products & Services sector Source: Inte
Slide 27: Making Moments #BestWithCarlsberg
MAKING MOMENTS #BESTWITHCARLSBERG Launched limited-edition Chinese New Year (CNY) bottles and cans Over 10,000 consumers attended CarlsCrib CNY edition over 3 days in 1 Utama Shopping Centre
Slide 28: Outlook
OUTLOOK 2026 ➢ Remains cautious amid ongoing macroeconomic uncertainties, external challenges and subdued consumer sentiment ➢ Mindful of the impact of the excise duty implemented since November 2025 ➢ Nevertheless, the Group expects the upcoming Visit Malaysia 2026 campaign to support tourism activ
Slide 29: Q&A Session
Q&A SESSION 31
Slide 30: Thank You
Castes Malaysia
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