San Miguel Corporation · PSE:SMC

San Miguel — Q1 2019 Earnings Presentation

17 slides from San Miguel's earnings presentation, May 9, 2019

  1. Slide 1: SEC Form 17-C Current Report

    C03181-2019 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) May 9, 2019 2. SEC Identification Number 31171 3. BIR Tax Identification No. 000-168-801

  2. Slide 2: PSE Disclosure Form 4-30 Material Information

    PCOR SERIES D BONDS DUE 2025 (IN MIL 6,800 PESO) TOTAL DEBT AS OF MARCH 31, 2019 (IN 297,482 MIL PESO-CONSO 11. Indicate the item numbers reported herein Item 9 The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disc

  3. Slide 3: Designation Legal Manager and Assistant Corporate Secretary

    Designation Legal Manager and Assistant Corporate Secretary

  4. Slide 4: Letter to Philippine Stock Exchange re Investors' Briefing

    May 9, 2019 PHILIPPINE STOCK EXCHANGE, INC. Disclosure Department 6th Floor, PSE Tower 28th Street corner 5th Avenue BGC, Taguig City Attention: Ms.Janet A. Encarnacion Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 37th Floor, Tower 1, The Enterprise Center 6766 Ayala Avenue cor. P

  5. Slide 5: Investors' Briefing 2019 First Quarter Results

    INVESTORS’ BRIEFING 2019 FIRST QUARTER RESULTS May 09, 2019

  6. Slide 6: San Miguel Corporation

    SAN MIGUEL CORPORATION FIRST QUARTER 2019 IN MILLION PESOS 1Q2019 1Q2018 CHANGE Net Sales 250,924 234,347 7% Income from Operations 31,106 32,687 -5% Net Income 12,825 15,609 -18% EBITDA 41,036 41,460 -1% 2

  7. Slide 7: San Miguel Food and Beverage, Inc.

    SAN MIGUEL FOOD AND BEVERAGE, INC. FIRST QUARTER 2019 IN MILLION PESOS 1Q2019 1Q2018 CHANGE Net Sales 75,655 66,087 14% Income from Operations 10,810 10,920 -1% Net Income 7,363 7,291 1% 3

  8. Slide 8: San Miguel Brewery Inc.

    SAN MIGUEL BREWERY INC. FIRST QUARTER 2019 IN MILLION PESOS 1Q2019 1Q2018 CHANGE Net Sales 34,832 29,814 17% Income from Operations 9,556 8,313 15% Net Income 6,747 5,672 19% 4

  9. Slide 9: Ginebra San Miguel Inc.

    GINEBRA SAN MIGUEL INC. FIRST QUARTER 2019 IN MILLION PESOS 1Q2019 1Q2018 CHANGE Net Sales 8,265 6,449 28% Income from Operations 986 444 122% Net Income 616 255 141% 5

  10. Slide 10: San Miguel Pure Foods

    SAN MIGUEL PURE FOODS (a Division of San Miguel Food and Beverage, Inc.) FIRST QUARTER 2019 IN MILLION PESOS 1Q2019 1Q2018 CHANGE Net Sales 32,558 29,824 9% Income from Operations 284 2,161 -87% Net Income 11 1,361 -99% 6

  11. Slide 11: San Miguel Pure Foods First Quarter 2019

    SAN MIGUEL PURE FOODS (a Division of San Miguel Food and Beverage, Inc.) FIRST QUARTER 2019 Animal Nutrition & Health(1) Protein(2) Flour Milling Prepared & Packaged Food(3) 1 Feeds and vetmed 2 Poultry and fresh meats 3 Processed meats, dairy, spreads and biscuits business 7

  12. Slide 12: San Miguel Packaging Group

    SAN MIGUEL PACKAGING GROUP FIRST QUARTER 2019 IN MILLION PESOS 1Q2019 1Q2018 CHANGE Net Sales 8,840 8,557 3% Income from Operations 828 794 4% 8

  13. Slide 13: SMC Global Power Holdings Corp.

    SMC GLOBAL POWER HOLDINGS CORP. FIRST QUARTER 2019 IN MILLION PESOS 1Q2019 1Q2018 CHANGE Net Sales 34,676 24,661 41% Income from Operations 9,841 7,991 23% Net Income 3,579 1,347 166% 9

  14. Slide 14: Petron Corp.

    PETRON CORP. FIRST QUARTER 2019 IN MILLION PESOS 1Q2019 1Q2018 CHANGE Net Sales 124,558 129,112 -4% Income from Operations 4,865 8,796 -45% Net Income 1,303 5,786 -77% 10

  15. Slide 15: SMC Infrastructure

    SMC INFRASTRUCTURE FIRST QUARTER 2019 IN MILLION PESOS 1Q2019 1Q2018 CHANGE Net Sales 6,359 5,888 8% Income from Operations 3,130 3,114 1% 11

  16. Slide 16: SMC Financial Position

    SMC FINANCIAL POSITION As of March As of December IN BILLION PESOS 2019 2018 Total Assets 1,722 1,677 Cash 253 243 Interest –bearing Debt 811 802 Current Ratio 1.31x 1.37x Total Liabilities to Equity Ratio 2.32x 2.28x Interest-bearing Debt to Equity Ratio 1.57x 1.57x Net-Debt-to-EBITDA 3.09x 3.02x 1

  17. Slide 17: Thank You

    THANK YOU. VISIT OUR WEBSITES San Miguel Corporation - www.sanmiguel.com.ph San Miguel Brewery Inc. - www.sanmiguelbrewery.com.ph Ginebra San Miguel Inc. - www.ginebrasanmiguel.com San Miguel Food and Beverage, Inc. - www.smfb.com.ph Petron Corporation - www.petron.com SMC Global Power Holdings Corp

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