Star Media Group Berhad · MYX:STAR
Star Media Group Berhad — Q1 2018 Earnings Presentation
21 slides from Star Media Group Berhad's earnings presentation, May 23, 2018
Slide 1: 1Q 2018 Results Analyst Briefing
1Q 2018 Results Analyst Briefing 23 May 2018 THE STAR MEDIA GROUP Read. Listen. Watch. Think. Be Inspired
Slide 2: Disclaimer
DISCLAIMER This presentation and the discussion following may contain forward looking statements by the Star Media Group Berhad (“Company”) related to financial, market or industry trends for future period. Actual future performance, outcomes and results may differ materially from those expressed in
Slide 3: Agenda
Agenda 11 2 3 4 Quarter 1 Quarter 1 Business 1H18 2018 2018 Group Segments Outlook & Highlights Financials financials Strategy 3
Slide 4: 1Q18's dynamics
1Q18’s dynamics • Lower operating expenses due to better cost management and lower 1. depreciation 2. • Higher revenue contribution from events and exhibition operations 4
Slide 5: TSOL; Mar'17 – Mar'18
TSOL; Mar’ 17 – Mar’ 18 English News Portals Performance Mar’17 - Mar’18 (Combined PC & Mobile) Total Unique Visitors (‘000) 4,000 The Star Online, 3,397 3,000 MALAYSIAKINI.COM, 2,939 2,000 NST.COM.MY, 1,516 THEMALAYMAILONLINE.C 1,000 OM, 1,515 THECOVERAGE.MY, 290 0 Mar-17 Apr-17 May-17 Jun-17 Jul-1
Slide 6: Star Biz, Mar '17 – Mar '18
Star Biz, Mar ‘17 – Mar ‘18 The Star Online Business versus Competitors; Mar’17- Mar’18 (Combined PC & Mobile) Total Unique Visitors (000) 1,300 THESTAR.COM.MY Business, 1,000 975 700 THEEDGEMARKETS.COM, 619 400 Business Insider, 428 Yahoo Finance, 227 100 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 S
Slide 7: Agenda
Agenda 11 2 3 4 Quarter 1 Quarter 1 Business 1H18 2018 2018 Group Segments Outlook & Highlights Financials financials Strategy 7
Slide 8: Performance of Star Media Group
Performance of Star Media Group 1Q18 1Q17 Variance 4Q17 (RM million) (%) Revenue 109.03 118.61 (8.1%) 114.48 EBITDA 19.27 9.90 94.6% 7.25 PBT 17.59 6.43 >100% 2.18 Exceptional items - - - (189.83) PBT (continuing operations) 17.59 6.43 >100% (187.65) PBT (discontinued operations) - 7.33 >(100%) - To
Slide 9: Agenda
Agenda 11 2 3 4 Quarter 1 Quarter 1 Business 1H18 2018 2018 Group Segments Outlook & Highlights Financials financials Strategy 9
Slide 10: 1Q18 Business Segments
1Q18 Business Segments 1. • Print and Digital 2. • Event, Exhibition, Interior and Thematic 3. • Radio 10
Slide 11: Performance of Star Media Group: Print and Digital Segment
Performance of Star Media Group Print and Digital Segment 1Q18 1Q17 Variance 4Q17 (RM million) (%) Revenue 92.04 103.05 (10.7%) 99.0 EBITDA 22.31 11.54 93.3% 13.98 PBT (excl. exceptional items) 20.67 8.10 >100% 6.07 Exceptional items - - - (143.60) PBT 20.67 8.10 >100% (137.53) EBITDA Margin 24.2% 1
Slide 12: Breakdown of revenue 1Q18
Breakdown of revenue 1Q18 Digital Circulation 6% 15% Advertising 79% Advertising Circulation Digital 12
Slide 13: 1Q18 Business Segments
1Q18 Business Segments 1. • Print and Digital 2. • Event, Exhibition, Interior and Thematic 3. • Radio 13
Slide 14: Performance of Events & Exhibitions
Performance of Events & Exhibitions 1Q18 1Q17 Variance 4Q17 (RM million) (%) Revenue 6.01 2.16 >100% 2.68 EBITDA/ 2.76 (0.01) >100% 0.50 (LBITDA) PBT/LBT 2.74 (0.05) >100% 0.84 EBITDA/ 45.9% (0.5%) - 18.7% (LBITDA) Margin PBT/LBT Margin 45.6% (2.3%) - 31.1% Higher revenue and PBT from more events he
Slide 15: 1Q18 Business Segments
1Q18 Business Segments 1. • Print and Digital 2. • Event, Exhibition, Interior and Thematic 3. • Radio 15
Slide 16: Performance of Radio Operations
Performance of Radio Operations Star Media Radio Group 1Q18 1Q17 Variance 4Q17 (RM million) (%) Revenue 8.25 8.55 (3.51%) 9.03 (LBITDA)/EBITDA 1.60 1.13 41.59% 1.36 (LBT)/PBT 1.56 1.07 45.79% 1.43 (excluding impairment) (LBITDA)/EBITDA Margin 19.4% 13.2% - 15.1% (LBT)/PBT Margin 18.9% 12.5% - 15.8%
Slide 17: Agenda
Agenda 11 2 3 4 Quarter 1 Quarter 1 Business 1H18 2018 2018 Group Segments Outlook Highlights Financials financials & Strategy 17
Slide 18: Updates post 1Q18 results
Updates post 1Q18 results • Disposal of Leaderonomics for RM 5.65 mil with estimated gain of 1. RM3.37 mil 2. • Cease printing operations in Penang 18
Slide 19: 2018 and Ahead
2018 and Ahead • We are currently undergoing an end-to-end Transformation where there are a few key objectives: Putting Consumers at the centre of the Transformation Content – high quality journalism Revenue – creating more holistic solutions for Marketeers Transforming our business around A
Slide 20: Download our presentation
Download our presentation http://starmediagroup.my/ or http://starmediagroup.my/investors- relations/presentations/ 20
Slide 21: Thank You
THANK YOU 21 THE STAR MEDIA GROUP
Star Media Group Berhad — Q1 2018 Earnings Presentation on 6ix