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

San Miguel Food & Beverage — 9M 2019 Earnings Presentation

16 slides from San Miguel Food & Beverage's earnings presentation, Nov 7, 2019

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

    11/8/2019 Material Information/Transactions C07845-2019 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) Nov 7, 2019 2. SEC Identification Number 1184

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

    11/8/2019 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 t

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

    SAN MIGUEL FOOD AND BEVERAGE, INC. November 7, 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 G

  4. Slide 4: Investors' Briefing: 2019 September-YTD Results

    INVESTORS’ BRIEFING 2019 SEPTEMBER-YTD RESULTS November 07, 2019

  5. Slide 5: San Miguel Corporation

    SAN MIGUEL CORPORATION SEPTEMBER-YTD 2019 IN MILLION PESOS 2019 2018 CHANGE Net Sales 758,634 761,173 0% Income from Operations 88,746 98,044 -9% Net Income 39,695 41,903 -5% EBITDA 123,000 124,847 -1% 2

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

    SAN MIGUEL FOOD AND BEVERAGE, INC. SEPTEMBER-YTD 2019 IN MILLION PESOS 2019 2018 CHANGE Net Sales 226,365 206,620 10% Income from Operations 33,585 34,025 -1% Net Income 22,921 22,929 0% 3

  7. Slide 7: San Miguel Brewery Inc.

    SAN MIGUEL BREWERY INC. (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 2019 IN MILLION PESOS 2019 2018 CHANGE Net Sales 103,883 93,362 11% Income from Operations 28,200 25,912 9% Net Income 19,835 17,762 12% 4

  8. Slide 8: Ginebra San Miguel Inc.

    GINEBRA SAN MIGUEL INC. (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 2019 IN MILLION PESOS 2019 2018 CHANGE Net Sales 21,430 17,915 20% Income from Operations 2,209 1,328 66% Net Income 1,325 789 68% 5

  9. Slide 9: San Miguel Foods

    SAN MIGUEL FOODS (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 2019 IN MILLION PESOS 2019 2018 CHANGE Net Sales 101,054 95,345 6% Income from Operations 3,209 6,779 -53% Net Income 1,783 4,372 -59% 6

  10. Slide 10: San Miguel Foods September-YTD 2019

    SAN MIGUEL FOODS (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 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 SEPTEMBER-YTD 2019 IN MILLION PESOS 2019 2018 CHANGE Net Sales 26,360 27,143 -3% Income from Operations 2,493 2,434 2% 8

  12. Slide 12: SMC Global Power Holdings Corp

    SMC GLOBAL POWER HOLDINGS CORP SEPTEMBER-YTD 2019 IN MILLION PESOS 2019 2018 CHANGE Net Sales 105,142 89,111 18% Income from Operations 29,974 25,753 16% Net Income 11,385 4,366 161% 9

  13. Slide 13: Petron Corporation

    PETRON CORPORATION SEPTEMBER-YTD 2019 IN MILLION PESOS 2019 2018 CHANGE Net Sales 381,656 419,861 -9% Income from Operations 13,871 22,252 -38% Net Income 3,623 12,057 -70% 10

  14. Slide 14: SMC Infrastructure

    SMC INFRASTRUCTURE SEPTEMBER-YTD 2019 IN MILLION PESOS 2019 2018 CHANGE Net Sales* 17,792 18,129 -2% Income from Operations* 8,965 8,905 1% *Manila North Harbor Ports results deconsolidated effective April 26, 2019 11

  15. Slide 15: SMC Financial Position

    SMC FINANCIAL POSITION As of September As of December IN BILLION PESOS 2019 2018 Total Assets 1,765 1,677 Cash 286 243 Interest –bearing Debt 832 802 Current Ratio 1.53x 1.37x Total Liabilities to Equity Ratio 2.06x 2.28x Interest-bearing Debt to Equity Ratio 1.44x 1.57x Net-Debt-to-EBITDA 3.06x 3.0

  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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