PT Malindo Feedmill Tbk · IDX:MAIN
PT Malindo Feedmill Tbk — Investor Presentation (May 2018)
21 slides from PT Malindo Feedmill Tbk's investor presentation, May 7, 2018
Slide 1: Malindo Feedmill Investor Presentation
INVESTOR RELATION INVESTOR PRESENTATION Malindo Feedmill
Slide 2: Content
Content -_ 2 Company Background 5 01/2018 Highlights 11 Industrial Outlook 14 Business Lines Ginx es ; SunnyGold | May 7, 2018
Slide 3: Company Background
Company Background 2 May 7, 2018
Slide 4: Key Financial Highlights
Key Financial Highlights 3 May 7, 2018
Slide 5: Key Financial Highlights
Key Financial Highlights 4 May 7, 2018
Slide 6: Q1/2018 Highlights
Q1/2018 Highlights DOC & Broiler Average Selling Price Consumer demand projected to improve Government initiatives ensuring stable with strong support by macro conditions DOC & chicken prices and supply- GDP growth: 2018 5.3% (2017 c. 5.1%) demand dynamics Q1/2018 Feed margins to benefit from volume
Slide 7: Sales and EBITDA
SALES 1.473,8 1.473,8 1.394,5 1.265,6 Q4/2017 Q1/2018 Q1/2017 Q1/2018 EBITDA 148 148 115 81 10,1% 10,1% 5,8% 9,1% Q4/2017 Q1/2018 Q1/2017 Q1/2018 EBITDA EBITDA % EBITDA EBITDA % 6 May 7, 2018
Slide 8: Feed and Breeder Sales and EBT
FEED 882,12 897.4 884.6 84,7 6s ss.5 59.5 70.2 || = = = __ Qi/s2017 Q2/2017 Q3/2017 as/2o017 aqi/s/2018 Seales SEEM ESITT EBT % 306,8 282 274,5 279 287, 2,4% 6,79 (7,9) (20,5) -17.6 (18,5) (48,3) Q1/2017 Q2/2017 Q3/2017 Q4/2017 qQi/20is Sales MEEMBEBITT EBT % S17, i tet Unb sunnyGold | May 7, 2018
Slide 9: Capex Plans 2017-2019
CAPEX PLANS 2017 - 2019 Consumer Foods capacity (MT) Capex (IDR bn) Feed capacity (MT) 9.000 9.000 9.000 1.500.000 1.500.000 1.500.000 2016 2017 2018 2016 2017 2018 40 23 160 5 2 88 DOC capacity (Mn birds) Broiler capacity (MT) 61.000 258 274 230 51.000 42.000 CAGR CAGR 9% 20% 2016 2017 2018 2016 20
Slide 10: Profit Forecast 2018-2022
PROFIT FORECAST 2018 - 2022 9 May 7, 2018
Slide 11: Strategic & Diverse Locations
Strategic & Diverse Locations 10 May 7, 2018
Slide 12: Industry Outlook: Poultry Consumption
Industry Outlook Poultry Consumption 25.000,00 45,00% 40,00% 20.000,00 35,00% 30,00% 15.000,00 25,00% 20,00% 10.000,00 15,00% 10,00% 5.000,00 5,00% - 0,00% Thailand Indonesia Philipines China Malaysia Vietnam Production Consumption GDP Source: FAOStat (2018) 11 May 7, 2018
Slide 13: Industry Outlook
Industry Outlook Notes : Data are 2009 – 2011 averages for selected developing countries. Logarithmic growth curve based on both developing and developed countries. Sources : USDA, Economic Research Service using USDA Agricultural Projections to 2022 and suporting data 12 May 7, 2018
Slide 14: Industry Outlook: Consuming Class
Industry Outlook Consuming Class (Middle and Affluent) Rest of indonesia Sulawesi Kalimantan Sumatera Rest of Jawa Greater Jakarta 0 5 10 15 20 25 30 35 40 45 50 MAC Population 2020 MAC Population 2012 Notes : In line with McKinsey research in defining Indonesian consuming class, BCG reported Middle
Slide 15: Business Lines: Emerging Market Leader in Poultry
Business Lines Emerging Market Leader in Poultry Indonesia feed production capacity share (2017) Indonesia DOC production capacity share (2017) 20% CPIN 25% 35% JPFA CPIN 38% JPFA 8% MAIN MAIN WJ 5% 4% WJ CJ 7% Others 8% Others 25% 25% Malindo is well-positioned to capture market share from the over
Slide 16: Feed Updates
Feed Updates Installation of additional corn dryers & silos in 2018 to increased utilization of local corn Malindo is able to manage price and FX volatility of imported raw materials over time due to its scale and favorable industry dynamics Additional capacity is expected to improve EBIT margin thr
Slide 17: Breeder Updates
Breeder Updates 16 May 7, 2018
Slide 18: Breeder Updates
Breeder Updates 17 May 7, 2018
Slide 19: Broiler Updates
Broiler Updates High quality DOC and best-in-class farm management ensures high-quality broiler Diverse geographic location limits disease outbreaks Expanding capacity to 61,000 tons in FY2018 to support the growth in processed food & chicken consumption Focus on supplying internal processed food di
Slide 20: Processed Food Updates
Processed Food Updates Production plant with installed production capacity of 9,000 tons per annum With market recovery & improved sales from 2017, additional capacity will be added in 2019 2 main brands, targeting diverse customer base Sunny Gold premium brand targeting modern trade, estimated
Slide 21: Thank You
THANK YOU SunnyGold @ —=S » SS raid gf SF fe) www.malindofeedmill.com © Sunny Gold (©) @sunnygoldid ea \ NOILVIAYYOLSAIANI
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