Heineken Malaysia Bhd. · MYX:HEIM
Heineken Malaysia Bhd — FY2023 Earnings Presentation
16 slides from Heineken Malaysia Bhd's earnings presentation, Feb 27, 2024
Slide 1: FY2023 Financial Results Media & Analyst Briefing
Heineken Malaysia Berhad FY2023 Financial Results Media & Analyst Briefing 27 February 2024 1
Slide 2: 2023 Highlights
2023 HIGHLIGHTS
Slide 3: Heineken
Heineken® Heineken® Ghosted Bar won 1 Bronze Lion at the 2023 Cannes Lions Festival 150 Years of Good Times Heineken® x Motherchuckers “That After Party” collection 3
Slide 4: Tiger
Tiger Cheers to Bold Beginnings Tiger Beer CNY Campaign Boldly Asian, Globally Acclaimed Tiger Den Immersive experience celebrating Tiger’s bold journey 4
Slide 5: Guinness
Guinness Guinness St’ Patrick’s 2023 Guinness Flavour by Fire Most Shareable Reel International Stout Day celebration
Slide 6: Edelweiss
Edelweiss Edelweiss Weekend Unwind one-of-a-kind urban escape with music, games and creative workshops Bronze at Putra Aria Brand Awards First award for the brand since being introduced in Malaysia in 2021 6
Slide 7: HEINEKEN Malaysia Star Academy
HEINEKEN Malaysia Star Academy National Star Academy Championship and Training 2023 1,250 bartenders from KL, Selangor, Johor, Penang, Perak, Sabah, and Sarawak trained and perfected the Heineken® Star Quality Serve and Guinness Perfect Pour. 7
Slide 8: Sustainability Highlights
Social Sustainability Highlights 43% 38% Environmental women in BOD women in MT 65% 100% RM26mil >850k CO2 reduction raised for 8 institutions meals for Renewable Electricity communities in need in production via Tiger Chinese (Scope 1 & 2) Education Charity Concert via HEINEKEN Cares vs 2018 >100%
Slide 9: FY23 - Challenging External Environment
FY23 - Challenging External Environment Weakening Ringgit and Cost of Living Concerns Geopolitical tensions Supply Chain disruptions Currency devaluation Inflationary pressures Soft consumer sentiment Q4 demonstrated signs of improvement going into 2024. 9
Slide 10: Consumer Sentiment Index
Consumer Sentiment Index Consumer Sentiment Below Optimal Levels But Improved in Q4 Consumer sentiment edged up in Q4 Decline in jobs and income expectations, which improved slightly in Q4 Inflation worries persist. Spending plans bounce back in Q4. Source: Malaysian Institute of Economic Research 1
Slide 11: Financial Highlights
Financial Highlights Profit Commentary Revenue Before Tax Net Profit For FY23, HEINEKEN Malaysia’s revenue decreased by 8% compared to FY22. Q4 2023 vs -8% -14% -5% This was mainly due to weak consumer sentiment attributed to growing Q4 2022 from RM792 million from RM154 million from RM105 million m
Slide 12: Comparison vs 2019
Comparison vs 2019 Commentary Profit FY23 performance is still a significant Revenue Before Tax Net Profit improvement compared against the pre-pandemic levels in 2019, demonstrating the positive impact of the Group’s transformation journey. Full Year 2023 vs +14% +24% +24% Full Year 2019 from RM2.3
Slide 13: Proposed Dividend: 128 sen
Proposed Dividend Single Tier Final Dividend Single Tier (Subject to approval of the Interim Dividend (Paid in November 2023) shareholders at the forthcoming AGM – to be paid in July 2024) Dividend Payout representing 40 sen 88 sen per stock unit per stock unit 100% Total Dividend Payout for FY23 of
Slide 14: 2024 Outlook: Challenges
2024 Outlook Challenges Weakening Ringgit Rising Cost of Living Geopolitical Tensions 14
Slide 15: 2024 Outlook: Opportunities
2024 Outlook Opportunities Increase in Tourism Improving Good CNY Momentum Consumer Sentiment 15
Slide 16: HEINEKEN
HEINEKEN
Heineken Malaysia Berhad — FY2023 Earnings Presentation on 6ix