San Miguel Food & Beverage, Inc. · PSE:FB

San Miguel Food & Beverage — H1 2019 Earnings Presentation

16 slides from San Miguel Food & Beverage's earnings presentation, Aug 8, 2019

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

    8/9/2019 Material Information/Transactions C05599-2019 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) Aug 8, 2019 2. SEC Identification Number 11840

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

    8/9/2019 Material Information/Transactions San Miguel Food and Beverage, Inc. FB PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules Subject of the Disclosure Investors' Briefing Materials of th

  3. Slide 3: Cover letter to the Philippine Stock Exchange

    SAN MIGUEL FOOD AND BEVERAGE, INC, August 8, 2019 The Philippine Stock Exchange, Inc. 9" Floor, PSE Tower 28" Street cor. 5" Avenue BGC, Taguig City Attention: MS. JANET A. ENCARNACION Head, Disclosure Department Gentlemen: Attached are the materials for the Investors’ Briefing of the San Miguel Gro

  4. Slide 4: Investors' Briefing 2019 First Semester Results

    INVESTORS’ BRIEFING 2019 FIRST SEMESTER RESULTS August 08, 2019

  5. Slide 5: San Miguel Corporation

    SAN MIGUEL CORPORATION FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 509,495 499,000 2% Income from Operations 57,616 67,006 -14% Net Income 26,152 27,585 -5% EBITDA 79,876 83,504 -4% 2

  6. Slide 6: San Miguel Food and Beverage, Inc.

    SAN MIGUEL FOOD AND BEVERAGE, INC. FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 151,107 137,608 10% Income from Operations 21,568 22,889 -6% Net Income 14,670 15,370 -5% 3

  7. Slide 7: San Miguel Brewery Inc.

    SAN MIGUEL BREWERY INC. FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 70,283 62,510 12% Income from Operations 18,933 17,311 9% Net Income 13,258 11,799 12% 4

  8. Slide 8: Ginebra San Miguel Inc.

    GINEBRA SAN MIGUEL INC. FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 14,695 12,213 20% Income from Operations 1,596 862 85% Net Income 980 506 94% 5

  9. Slide 9: San Miguel Pure Foods

    SAN MIGUEL PURE FOODS (a Division of San Miguel Food and Beverage, Inc.) FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 66,131 62,886 5% Income from Operations 1,063 4,712 -77% Net Income 447 3,061 -85% 6

  10. Slide 10: San Miguel Pure Foods First Semester 2019

    SAN MIGUEL PURE FOODS (a Division of San Miguel Food and Beverage, Inc.) FIRST SEMESTER 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, and coffee businesses 7

  11. Slide 11: San Miguel Packaging Group

    SAN MIGUEL PACKAGING GROUP FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 17,835 17,556 2% Income from Operations 1,697 1,647 3% 8

  12. Slide 12: SMC Global Power Holdings Corp

    SMC GLOBAL POWER HOLDINGS CORP FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 72,511 57,430 26% Income from Operations 18,384 17,043 8% Net Income 7,263 1,872 288% 9

  13. Slide 13: Petron Corporation

    PETRON CORPORATION FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 254,807 273,498 -7% Income from Operations 9,787 15,562 -37% Net Income 2,620 9,502 -72% 10

  14. Slide 14: SMC Infrastructure

    SMC INFRASTRUCTURE FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales* 12,315 12,145 1% Income from Operations* 6,030 6,223 -3% *Manila North Harbor Ports results deconsolidated effective April 26, 2019 11

  15. Slide 15: SMC Financial Position

    SMC FINANCIAL POSITION As of June As of December IN BILLION PESOS 2019 2018 Total Assets 1,731 1,677 Cash 267 243 Interest –bearing Debt 798 802 Current Ratio 1.54x 1.37x Total Liabilities to Equity Ratio 2.08x 2.28x Interest-bearing Debt to Equity Ratio 1.42x 1.57x Net-Debt-to-EBITDA 3.00x 3.02x 12

  16. Slide 16: 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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