Bua Cement Plc · NSENG:BUACEMENT
Bua Cement — H1 2023 Earnings Presentation
18 slides from Bua Cement's earnings presentation, Aug 10, 2023
Slide 1: Sustaining Profitable Growth
Sustaining Profitable Growth Half-Year 2023 Presentation to Investors and Analysts 10 August 2023 1
Slide 2: Disclaimer
Disclaimer Unless otherwise indicated, the financial information provided herein has been prepared under International Financial Reporting Standards (IFRS). This presentation contains forward-looking statements and information. Forward-looking statements and information are statements that are not h
Slide 3: Quality cement you can trust
Quality cement you can trust © SOKOTO CEMENT BUA Weight 50 +1kg | CEMENT | MANUFACTURED BY Fey nro NESTE aus CEMENT eecroruanr’ | Weight 50 + 1kg 4 e Z ve = my ©) < ~ ina) PORTLAND -LINESTONE
Slide 4: Content
Content Our Company Philosophy 05 Company Overview 06 Performance Highlights 10 Strategic Priorities Highlights 15 Sustainability highlights 16 4
Slide 5: Our Philosophy
Our Philosophy Our Vision Our Mission Our Value Proposition To be a highly competitive To produce and market high We are a professional supplier of premium market leader in Nigeria quality cement for national brand cement and provide reliable delivery development to our customers with application tr
Slide 6: Company Overview
Company Overview Largest Cement producer 4 Modern lines N3.1 trillion Best Premium Quality in the North-West, South-South Operational across 2 States Market capitalisation as at Cement Brand and South East June 2023 11 1EHS led by United Nations SDGs N221.1 billion 8 8 8 (H1’2022: N188.6 billion) &
Slide 7: Flawless Execution, Disciplined Approach
Flawless Execution, Disciplined Approach Incorporation of CCNN; Commissioned its 0.5mmt Listed on the Nigeria Stock FGN divested its Scancem divested its BUA International Limited commenced operation in (Line-2), with Line -1 Exchange (NSE), resulting majority holding to majority holding to Damnaz a
Slide 8: Strategic Positioning, Increasing Market Presence
Strategic Positioning, Increasing Market Presence Sokoto Plant Sokoto State Line 2 0.5MMTPA Line 3 1.5MMTPA Line 4 3MMTPA Line 5 3MMTPA (2024) BUA Cement Plc Obu Plant Head Office Edo State Victoria Island, Lagos, Nigeria Line 1 3MMTPA Line 2 3MMTPA Line 3 3MMTPA (2024) 8
Slide 9: BUA Cement (Sokoto)
BUA Cement (Sokoto) Construction works on Sokoto line 5 9
Slide 10: Highlights from H1'2023 – Stable Performance Despite Economic Environment
Highlights from H1’2023 – Stable Performance Despite Economic Environment PERFORMANCE 1 SUSTAINABILITY 7 We are committed to minimizing the impact Business performance was sustained by strong of our activities on people and the brand attributes, stable volumes and price environment, engagement with
Slide 11: Balancing Rising Costs and Margin Preservation
Balancing Rising Costs and Margin Preservation 1 Revenue per ton (N’000) 2 EBITDA (N‘bn) 3 EBITDA Margin 67.2 99.8 46.4% 45.2% 87.5 56.5 H1'2023 H1'2022 H1'2023 H1'2022 H1'2023 H1'2022 • Revenue per ton increased by 19% to N67,192/ton from N56,454/ton, as at H1’2022, as a result of price adjustments
Slide 12: EBITDA Evolution … Price Adjustment Sustains EBITDA Growth
EBITDA Evolution … Price Adjustment Sustains EBITDA Growth (Δ;y/y) EBITDA (H1'2023) 99.8 (2.7) SD&A (net) (17.4)Costs of Sales Revenue 32.5 EBITDA (H1'2022) 87.5 -40 -20 0 20 40 60 80 100 120 N’billion • Revenue increased by 17.2% or N32.5 billion to N221.1 billion from N188.6 billion (H1’2022), giv
Slide 13: Inflationary Pressures and Continued Cost Containment
Inflationary Pressures and Continued Cost Containment Cost of sales Energy cost SD&A per ton (N‘000) per ton (N‘000) per ton (N‘000) 34.9 14.6 29.2 13 5.8 4 H1'2023 H1'2022 H1'2023 H1'2022 H1'2023 H1'2022 • Cost of sales per ton rose by 19.7% to N34,936/ton from N29,192/ton, as at H1’2022. This was
Slide 14: BUA Cement (Obu)
BUA Cement (Obu) Construction works on Obu line 3 14
Slide 15: Sustaining Profitable Growth– Strategic Priorities
Sustaining Profitable Growth– Strategic Priorities Sustaining Synergy New Markets Expansion Innovation Sustainability • Drive continued revenue and • Increase customer • Construction of lines 3 • Deploy solutions that • Transition from Heavy Fuel cost synergies across portfolio and capture new & 5 a
Slide 16: Sustainability - Impact Footprint
Sustainability - Impact Footprint Greenhouse Gas Energy Emissions Management 653kg CO2/ton cem. prod. 757kcal/kg Cli (H1’2022: 641kcal/kg) (H1’2022: 781kcal/ kg Cli) Water Management 143 litres/ton cem. prod. (H1’2022: 111 litres/ ton cem. prod.) 16
Slide 17: BUA Cement and Sokoto Cement are products of BUA Cement PLC.
BUA Cement and Sokoto Cement are products of BUA Cement PLC. 17
Slide 18: Thank You
BUA Cement Plc RC 1193879 Thank You BUA Cement Plc 5th Floor, BUA Towers PC 32, Churchgate Street Victoria Island, Lagos, Nigeria Email: investor.relations@buacement.com 18