Pt Sawit Sumbermas Sarana Tbk · IDX:SSMS
Pt Sawit Sumbermas Sarana Tbk — Q1 2016 Earnings Presentation
14 slides from Pt Sawit Sumbermas Sarana Tbk's earnings presentation, May 2016
Slide 1: Management Presentation
Management Presentation Performance Update, Strategy and Outlook Jakarta, May 2016
Slide 2: Disclaimer
Disclaimer These materials have been prepared by PT Sawit Sumbermas Sarana Tbk (“SSMS” or “The Company”) and have not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the informatio
Slide 3: Vision Mission Commitments
Vision Mission Commitments Vision “Becoming A World-class Plantation Company” Mission • Building a professional plantation business • Increasing added values for all stakeholders • Implementing perfect principles of corporate governance • Utilizing environmentally friendly and advance technology • D
Slide 4: Solid Company Milestones
Solid Company Milestones 2011 2013 1995 2009 Commenced operation 2013 Commenced operation PT Sawit Sumbermas Planted area surpassed of 3rd Palm Oil Mill, IPO of 4th Palm Oil Mill, Sarana Tbk 30,000Ha and Suayap and Kernel listed in Indonesia Selangkun established in Central commencement of Palm Crus
Slide 5: Prime land in strategic location
Prime land in strategic location SPE Central PDE NKE • Total 99,951Ha of prime land under Kalimantan Kalimantan Province SBE NNE POM MLE management with most area have mineral soil Sumatera Sulawesi MLE characteristic and flat terrain. Kabupaten Lamandau Nanga Bulik • 69,841Ha planted as of December
Slide 6: Young and high-yielding plantations
Young and high-yielding plantations • FFB productivity is back in the high-growth phase; post-acquisition average age SSMS Proforma – Age Tree Profile FY15 is adjusted to 7 years old due to TSA,SMU,MKM and MPP younger profile Young • Using the high-yielding 2nd generation seeds namely from major pro
Slide 7: Efficient mills operations with growth potential
Efficient mills operations with growth potential Mills operations FY14 FY15 1Q15 1Q16 1Q15/1Q16 Capacity for the period (MT) 1,890,000 2,250,000 426,000 562,500 Capacity per hour 315 375 315 375 Utilization rate 55% 60% 73% 45% “Mills current utilization indicating sufficient capacity to support the
Slide 8: High Yield, Efficient, and Competitive Cost Plantation
High Yield, Efficient, and Competitive Cost Plantation FY15 Peers Comparison - FFB Yield (MT/Ha) SSMS - Cash Cost Breakdown Units 1Q16 Fertilizer and maintenance Rp bn 44.2 Sector Labor Rp bn 52.5 15.5 21.5 21.7 19.0 21.8 Harvesting Rp bn 2.7 16.5 17.8 9.3 5.6 6.3 Overhead Rp bn 20.9 SSMS DSNG AALI
Slide 9: A sound financial performance
A sound financial performance Comp. Income (Rp bn) FY15 3m15 3m16 3m15/16 • 1Q15 Income for the period booked Rp149.1bn or down by 45.5% Sales 2,371.9 688.3 494.5 -28.2% this is caused mainly because lower level of production and Cost of Goods Sold -1,124.0 -314.1 -229.5 -27% decrease in average sel
Slide 10: Financial Summary
Financial Summary Sales (Rp bn) Operating Income (Rp bn) 2,616 2,372 938 976 924 2,028 1,976 876 885 1,880 1,379 630 917 369 FY10 FY11 FY12 FY13 FY14 FY15 Annualized 3m16 FY10 FY11 FY12 FY13 FY14 FY15 Annualized 3m16 Net Income (Rp bn) Ebitda (Rp bn) 722 1,253 1,174 1,104 562 600 596 989 1,068 508 3
Slide 11: Stock Performance 2015 Daily Trading Volume
Stock Performance 2500 2000 1500 1000 500 0 Stock Price 2015 Daily Trading Volume • PT Sawit Sumbermas Sarana Tbk completed the IPO 250000000 process on December 12,2013 with 15.7% ownership at offering price of Rp.670. 200000000 • Stock price grew consistantly and hit the closing price in 150000000
Slide 12: Outlook for Palm Oil Continues to be Favorable
Outlook for Palm Oil Continues to be Favorable Demand Drivers 10.0 900 • Growing demand for food primarily in Asia especially 813 9.3 793 9.0 762 800 China and India 8.3 8.0 7.7 7.8 • Expansion of oleochemical business requirements 8.0 7.5 7.4 700 703 • Increased awareness of health benefits of palm
Slide 13: SSMS Growth Strategy
SSMS Growth Strategy 1. Engage in sustainable palm oil production by RSPO and ISPO standard 2. Focus in core competence upstream Palm Oil Plantation business 3. Continuous efficiency improvements and application of best agronomy practices 4. Target additional planted area of 5,000-6,000Ha per annum
Slide 14: Thank You
Thank You Visit our website at www.ssms.co.id Mailing Address: PT Sawit Sumbermas Sarana Tbk Head Office Representative Office Jl. H. Udan Said No.47 Equity Tower, Suite 43D Pangkalan Bun 74113 Jl. Jend Sudirman Kav.52-53 Kalimantan Tengah, Indonesia Jakarta 12190, Indonesia Disclaimer: The informat
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