Fraser & Neave Holdings Bhd. · MYX:F&N
Fraser & Neave Holdings Bhd — FY2023 Earnings Presentation
37 slides from Fraser & Neave Holdings Bhd's earnings presentation, Nov 8, 2023
Slide 1: FY2023 Full Year Financial Results Briefing
FRASER & NEAVE HOLDINGS BHD FY2023 FULL YEAR FINANCIAL RESULTS BRIEFING
Slide 2: Important Notice
Important Notice Certain statements in this Presentation constitute “forward-looking statements”, including forward-looking financial information. Such forward looking statements and financial information involve known and unknown risks, uncertainties and other factors which may cause the actual res
Slide 3: FY2023 F&NHB Group Financial Highlights
FY2023 F&NHB Group Financial Highlights F&NHB Group achieved higher revenue (RM5 billion) and profit after tax (RM542 million), attributable to positive recovery across all markets, channel management strategies and contribution from Cocoaland. * Excluding one-off non-operating items i.e. fair value
Slide 4: FY2023 F&NHB Group Financial Performance
FY2023 F&NHB Group Financial Performance Continued momentum in revenue and operating profit through the quarters * Adjusted +26.8% * Adjusted * Adjusted -1.3% * Adjusted +38.5% * Adjusted +16.1% +59.2% * Excluding one-off non-operating items i.e. fair value gain on remeasurement of Cocoaland (+RM89.
Slide 5: F&B Malaysia
F&B Malaysia Strong double-digit growth in revenue and operating profit on the back of continuing sales momentum in domestic and export market, operational excellence and Cocoaland contribution. FY2023 v FY2022 ➢ Revenue +17.9% • Continuing sales momentum in domestic market • Improvement in festive
Slide 6: F&B Thailand
F&B Thailand Maintained its market leadership in the sweetened condensed milk and evaporated milk categories FY2023 v FY2022 ➢ Revenue +4.8% (+1.7% in THB) • Improved out-of-home consumption • Recovery in export markets • Full year impact on price adjustment exercise • Focused route-to-market strate
Slide 7: Our Global Presence
Our Global Presence Export revenue crossed RM1.0 billion mark (+22%), contributed to 21% of Group revenue due to: - recovery in export markets, - tactical pricing strategy - portfolio/country mix; - expansion in B2B channel; and - export contribution from Cocoaland. 93 7
Slide 8: Proposed Final Dividend of 33 sen and Special Dividend of 17 sen
Proposed Final Dividend of 33 sen and Special Dividend of 17 sen in conjunction with 140th Anniversary FY2023 FY2022 Change • Directors recommend a final single tier dividend of 33.0 sen per share Total equity 3,343.2 2,982.5 12.1% (2022: 33.0 sen per share) and an additional (RM'mil) special single
Slide 9: Full Year Highlights
FULL YEAR HIGHLIGHTS
Slide 10: Completed Capital Expenditure (CAPEX)
Completed Capital Expenditure (CAPEX) RM128m Liquid Milk & Plant- RM182m Automatic Storage based Beverages Factory in Retrieval System (ASRS) Wang Muang, Thailand Integrated Warehouse in Shah – Operating since October Alam, Malaysia 2022 - Fully operational in 1H FY2023 RM5m Sri Nona’s Automated RM2
Slide 11: Optimising Synergies From Our Halal Packaged Food Pillar
Optimising Synergies From Our Halal Packaged Food Pillar FNBM Business distributing Synergies What’s Next? Nona Products Expected Distribution of Nona Synergies are Next phase of products effective 1 expected from the synergistic value from July 2023. Some collaboration in the Sri Nona + Cocoaland a
Slide 12: Update On Flood Insurance Claims
Update On Flood Insurance Claims • Total insurance claims expected TOTAL to be received is approximately RM40mil as updated earlier. • Out of the total amount, the property damage claims (e.g. Property stocks, property, plant & Damage equipment) had been confirmed and offered by our insurer for sett
Slide 13: Celebrating 140th Anniversary
CELEBRATING 140TH ANNIVERSARY WITH A TRIBUTE TO HERITAGE & UNWAVERING SUPPORT FROM MALAYSIANS PENINSULAR MALAYSIA EAST MALAYSIA 23rd – 27th August 2023 14th – 17th September 2023 @ 1Utama Shopping Centre @ Suria Sabah Shopping Mall
Slide 14: Our New Offerings in FY2023
OUR NEW OFFERINGS IN FY2023 NONA TEAPOT KETUPAT Nom Yen SCM 100PLUS WANGI Squeeze Tube PRO Lot100 Kurma Gummy Raya Edition TEAPOT UHT 100PLUS Evaporated Creamer Zero
Slide 15: Introducing the Refreshed Look of F&N Seasons
INTRODUCING THE REFRESHED LOOK OF F&N SEASONS
Slide 16: Celebrating World Hydration Day with 100PLUS
CELEBRATING WORLD HYDRATION DAY WITH 100PLUS Spreading public awareness on importance of staying hydrated
Slide 17: Nurturing Sports Talent Today & Beyond
NURTURING SPORTS TALENT TODAY & BEYOND Introducing our latest brand ambassadors DATUK AZIZULHASNI CHEN TANG JIE & NG TZE YONG AWANG TOH EE WEI National Track Cyclist National Shuttler National Shuttlers (Men’s Single) (Mixed Doubles)
Slide 18: 100PLUS Proudly Carries the Solar Emblem
100PLUS PROUDLY CARRIES THE “SOLAR EMBLEM” ACROSS ITS PACKAGING Generates clean energy to cover 11,000 solar panels @ Shah Alam plant >50% of electricity demand to produce 100PLUS
Slide 19: F&N Partners with GRAB, KLEAN and MRANTI
F&N partners with GRAB, KLEAN and MRANTI to launch 18 AI-DRIVEN Reverse Vending Machines in strategic locations across the Klang Valley As part of our strategy to continue working closely with partners in the public and private sector on environmental initiatives
Slide 20: Our Awards & Recognition
OUR AWARDS & RECOGNITION HR EXCELLENCE EMPLOYEE EXPERIENCE WORLD HALAL AWARDS 2023 AWARDS EXCELLENCE AWARD (MALAYSIA) 2022 Bronze Award for Excellence Gold Award for Best HR Digital Halal Innovation in Digital Transformation Transformation Strategy Excellence Award Fraser & Neave Holdings Bhd Silver
Slide 21: Recognition Towards Our ESG Performance
RECOGNITION TOWARDS OUR ESG PERFORMANCE THE EDGE ESG AWARDS 2023 GOLD in Consumer Products & Services (Second consecutive year)
Slide 22: Top 1% FTSE ESG Rating
FRASER & NEAVE HOLDINGS BHD Top 1% within our global FTSE Industry Classification Benchmark Supersector (F&B Supersector) with overall ESG Rating @ 4.6 out of 5.0 A Proud Constituent of FTSEGOOD BURSA MALAYSIA INDEX (5th consecutive year) FTSEGOOD BURSA MALAYSIA 22 SHARIAH INDEX (3rd consecutive yea
Slide 23: Another Year of Pure Enjoyment, Pure Goodness in Thailand
FRASER & NEAVE HOLDINGS BHD Another year of “Pure Enjoyment, Pure Goodness” in Thailand Stay tuned for more sharing by Khun Suchit Riewcharoon…
Slide 24: Outlook
24 = RE-ENE RGISED =
Slide 25: Outlook
Outlook • Encouraging momentum of recovery in economic activities in Malaysia and Thailand • To continue to drive sales for the coming festive seasons. • Commodity prices to remain volatile due to geopolitical factors - Prices of aluminium, sugar, PET resin, palm oil are expected to be volatile. • R
Slide 26: What's Coming Next? A Sneak Preview
WHAT’S COMING NEXT? “A sneak preview”
Slide 27: New CAPEX: Solar Photovoltaic Panels at 5 Locations
New CAPEX (To install solar photovoltaic panels at 5 locations) Shah Alam – Main Parking, CDE Warehouse & Lot 88, Rawang (1,636 kWP) Lot 10, Rawang - 1,165 kWp CDEW Parking (1,542 kWp) • Solar PV panels in Shah Alam, Pulau Indah and Bentong Plant has generated energy progressively since August 2022
Slide 28: 1st in Malaysia: Sustainable & Recyclable Paper Carton
1st in MALAYSIA: SUSTAINABLE & RECYCLABLE PAPER CARTON
Slide 29: ÖMILK Coming Soon
COMING SOON ÖMILK 100% plant-based with no transfat or cholesterol Crafted from non-GMO, whole oat grains
Slide 30: Ready to Roll Out Plant-Based Beverages in Thailand Soon
Ready to roll out plant-based beverages in Thailand soon
Slide 31: Cocoaland's Brand Revamp With Refreshed Look
COMING SOON COCOALAND’S BRAND REHAUL WITH REFRESHED LOOK…
Slide 32: Our Food Manufacturing Hub in Rawang
Our Food Manufacturing Hub In Rawang for Sri Nona & Cocoaland’s Products Cocoaland’s factory in Rawang will be established as our food manufacturing hub in line with our plans to consolidate the manufacturing of our entire food business. The goal is to increase production capacity while reducing com
Slide 33: What Are We Building?
What Are We Building? iat We aim to build an integrated dairy farm of a herd size of: > 20,000 at Gemas in the Negeri Sembilan State, Peninsular Malaysia. Ass It will bea VERTICALLY INTEGRATED OPERATION from: —_——— Pp eo #) > BE > aks Corn Dairy Milk Planting Farming _ Processing (the main feedstock
Slide 34: F&N Breaks Ground on New Integrated Dairy Farm in Gemas
FRASER & NEAVE HOLDINGS BHD F&N Breaks Ground on New Integrated Dairy Farm in Gemas, Negeri Sembilan Officiated by Y.A.B. Dato’ Seri Haji Aminuddin bin Harun, Menteri Besar of Negeri Sembilan On track to become one of the largest milk producers in Malaysia
Slide 35: Progress So Far… Key Milestones
Progress So Far… Key Milestones 35
Slide 36: Moving Closer To Our Vision
With Strong Legacy Businesses + New Food Pillar + Dairy Farm Contribution, We Are Moving Closer To Our Vision DCO Exports DCO Thailand Malaysia DCO DCO Thailand Malaysia Halal Food Agriculture & Dairy Farming DCO Malaysia Exports Halal Food DCO Thailand 10 Years Ago Pre-2019 Future 36
Slide 37: Thank You
Fraser & Neave Holdings — FY2023 Earnings Presentation on 6ix