Carlsberg Brewery Malaysia Bhd. · MYX:CARLSBG
Carlsberg Brewery Malaysia Bhd — Q2 2025 Earnings Presentation
23 slides from Carlsberg Brewery Malaysia Bhd's earnings presentation, Aug 12, 2025
Slide 1: Financial Results Q2/1HFY25
FINANCIAL RESULTS Q2/1HFY25 Analyst & Press Briefing Probably The Best Lounge 12th August 2025 1
Slide 2: Key Financial Highlights in Q2FY25
Q2FY25 vs. Q2FY24 KEY FINANCIAL HIGHLIGHTS IN Q2FY25 REVENUE -3.4% RM490.2 mil PROFIT FROM OPERATIONS -2.3% RM95.2 mil NET PROFIT +3.2% RM81.9 mil 2
Slide 3: Key Financial Highlights in Q2FY25
Q2FY25 vs. Q2FY24 KEY FINANCIAL HIGHLIGHTS IN Q2FY25 REVENUE Lower revenue due to weaker sales in SG. -3.4% +1.5% -15.9% In MY, higher revenue and profit from operations were attributed to a lower base RM490.2 mil RM369.4 mil RM120.8 mil in Q2FY24 resulting from trade purchases in March 2024 ahead o
Slide 4: Key Financial Highlights in 1HFY25
1HFY25 vs. 1HFY24 KEY FINANCIAL HIGHLIGHTS IN 1HFY25 REVENUE -6.5% RM1.15 bil PROFIT FROM OPERATIONS -3.0% RM211.9 mil NET PROFIT +5.4% RM176.5 mil
Slide 5: Key Financial Highlights in 1HFY25
1HFY25 vs. 1HFY24 KEY FINANCIAL HIGHLIGHTS IN 1HFY25 Lower revenue due to shorter Chinese New REVENUE Year (CNY) timing. -6.5% -4.6% -11.9% Higher profits from operation in MY due to optimised marketing spend. RM1.15 bil RM864.0 mil RM289.0 mil PROFIT FROM Lower profits from operations in SG due to
Slide 6: 2nd Interim Dividend of 20 sen per share
DECLARED Cumulative interim 2nd INTERIM DIVIDEND OF dividend to 43 sen per share for FY2025 20 SEN per share in Q2FY25 6
Slide 7: Earnings and Dividend per Share
1HFY25 vs. 1HFY24 Q2FY25 Q2FY24 1HFY25 1HFY24 EARNINGS PER SHARE 26.80 sen 25.97 sen 57.71 sen 54.73 sen DIVIDEND PER SHARE 20 sen* 20 sen 43 sen 42 sen PAYOUT RATIO 75% 77% 75% 77% * Equivalent to a total payout of RM 61.1 million 7
Slide 8: Weaker sales due to shorter CNY timing
Weaker sales due to shorter 1HFY25 vs. 1HFY24 CNY timing -5% -12% in MAINSTREAM sales in PREMIUM sales -35% in ALCOHOL-FREE BREW sales • Shorter Chinese New Year (CNY) timing impacted sales • Sapporo reported strong single-digit volume growth in both Malaysia and Singapore • Continue to invest in co
Slide 9: 1HFY25: Strategy Review
THFY25: Strategy Review PORTFOLIO CHOICES Accelerate premium beer and AFB ¥ Strengthen mainstream core beer ¥ Step up in Beyond Beer Ya,¥ w EXECUTION EXCELLENCE Excel at sales, marketing and innovation ¥ Drive digital transformation ¥ Manage supply chain end to end ACCELERATE) == SAIL 7) — FUNDING O
Slide 10: Making Moments #BestWithCarlsberg
JAN MAR Raikan Kebanggaan Brewing Prosperity Together Sabah & Sarawak MAKING MOMENTS #BESTWITHCARLSBERG FEB MAY - JULY Carlsberg Kopitiam CarlsCrib | Win a Trip to Hong Kong Sneaker Con
Slide 11: Make Celebration Extraordinary
JAN MAY-JUNE Celebrating CNY with Bringing a Fantastique Summer Vibe the Limited Edition 1664 Mahjong Set to GastroBeats MAKE CELEBRATION EXTRAORDINARY APRIL & JUNE East-meets-West CLOT Collab
Slide 12: Made to Be Different
MAR APR Cheers to the Good Times The Connor’s Shake Express on St. Patrick’s Day MADE TO BE DIFFERENT JUNE-JULY Connor’s Collective | Doubleback Collaboration
Slide 13: No Nonsense, Just Great Taste
JUNE YEONJUN of TOMORROW x TOGETHER Somersby Asia’s New Ambassador NO NONSENSE, JUST GREAT TASTE JUNE Somersby Mango & Lime Launch x Gastrobeats
Slide 14: 1HFY25: Strategy Review
THFY25: Strategy Review iY (WY v wv PORTFOLIO EXECUTION CHOICES EXCELLENCE Accelerate Excel at sales, marketing premium beer and AFB and innovation ¥ ¥ Strengthen Drive digital mainstream core beer transformation ¥ ¥ Step up in Manage supply chain Beyond Beer end to end ACCELERATE SAIL ¥ FUNDING OUR
Slide 15: 1HFY25: Improved Gender Diversity in Malaysia
1HFY25: Improved Gender Diversity in Malaysia Female Ratio 34% Female Ratio 33% 1% 15% 66% 18% (+1%pts vs FY24) (-4.5% pts vs FY24) 6% At Carlsberg Malaysia Group, FEMALE makes up: 19% 67% 29% Breakdown by Ethnicity of Management Team of Board of Directors (Unchanged vs FY24) 75% Baby Boomers Genera
Slide 16: Recognised Where It Matters: Our People
Recognised Where It Matters: Our People 2025 EMPLOYEE EXPERIENCE AWARDS 4 GOLD, 1 SILVER, 1 BRONZE 2025 SEEK PEOPLE & PURPOSE AWARDS GOLD 16
Slide 17: 1HFY25: On Track to Reach ESG Targets
1HFY25: On Track to Reach ESG Targets 3.1 78% 2.8hl/hl 0 166 Carbon emission Bottles collected and Water usage Drink driving Days of ZERO kgCO2e/hl recycled per hl of beer Incidents Lost-Time Accidents (2.8 kgCO2e/hl in FY24) (87% in FY24) (2.9 hl/hl in FY24) (0 in FY24) (62 days in FY24) 17
Slide 18: Maintained Our ESG Commitment
Maintained Our ESG Commitment As of July 2025 As of December 2024 MSCI ESG Ratings FTSE4Good ESG Score • Maintained at AA, with improved score +0.2pts at 6.5 (6.3 FY24) • Maintained in overall percentile rank at 52 • Driven by improved corporate governance from 66 for Food and Beverage Sector. score
Slide 19: Recognised for Corporate Governance Excellence Among Public Listed Companies
Carlsberg Malaysia Recognised for Corporate Governance Excellence Among Public Listed Companies At ASEAN Corporate Governance Conference and Awards Carlsberg Malaysia among 65 Malaysian or 250 Asean Public Listed Companies recognised for demonstrating: • high governance standards, transparency, and
Slide 20: Outlook
OUTLOOK 2025 ➢ Remains cautious as the Group navigates an uncertain macroeconomic landscape ➢ Recent policy developments that could have a positive impact on consumer sentiment: ✓ Reduction in Malaysia OPR ✓ Fuel subsidy rationalisation ✓ Electricity tariff restructuring ➢ Focus on cost optimisation
Slide 21: Appointment of CFO on 8 September 2025
Appointment of CFO on 8 September 2025 Anthony Yong INCOMING Vivian Gun Ling Ling OUTGOING 53, Malaysian 48, Malaysian CFO of XCL Education Group Malaysia Appointed as Senior Director, Finance at Prior to XCL, Anthony held several leadership Carlsberg Vietnam, effective 8 September 2025 roles at Bri
Slide 22: Q&A Session
Q&A SESSION 22
Slide 23: Thank You
Gates Malaysia
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