PT Japfa Comfeed Indonesia Tbk Class A · IDX:JPFA
PT Japfa Comfeed Indonesia Tbk Class A — YTD Sep 2014 Earnings Presentation
22 slides from PT Japfa Comfeed Indonesia Tbk Class A's earnings presentation, September 2014
Slide 1: Investor Presentation YTD Sept 2014
INVESTOR PRESENTATION YTD SEPT 2014 PT Japfa Comfeed Indonesia Tbk
Slide 2: Disclaimer
Disclaimer These materials have been prepared by PT Japfa Comfeed Indonesia Tbk (the “Company”) and have not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information present
Slide 3: Agenda
Agenda Company Overview Key Investment Highlights Financial Highlights Appendix 3
Slide 4: Company Overview
Company Overview 4
Slide 5: Introduction to Japfa Tbk
Introduction to Japfa Tbk Established ▪ One of the largest poultry players in Indonesia with FY13 net sales of US$ 1.8 vertically billion(1) and EBITDA of US$ 178 million(1) integrated agriculture ▪ Strategically involved in aquaculture and beef offering diversification of revenues business with ▪ L
Slide 6: Core Competencies Across The Value Chain
Core Competencies Across The Value Chain 6
Slide 7: Poultry Contributes Bulk of Revenue and Profitability and is the Focus of Future Growth
Poultry Contributes Bulk of Revenue and Profitability and is the Focus of Future Growth FY13 net sales breakdown FY13 gross profit breakdown Total FY13 net sales(1): US$2,030 million Total FY13 gross profit(1): US$343 million Note: (1) Average rate FY 2013 US$1.00 = IDR10,552 Diversified business wi
Slide 8: Poultry Operations
Poultry Operations Simplified business model Principal facilities Annual capacity No. of locations Locations 4,012 m kg 16 feedmills 13 feedmills : Sidoarjo, Cirebon, Lampung, Tangerang, Makassar, Sragen, Medan, Padang, Bati-Bati, Cikande, Poultry feedmills Gedangan, Surabaya, Grobogan ; and 3 breed
Slide 9: Key Investment Highlights
Key Investment Highlights 9
Slide 10: Investment Highlights
Investment Highlights 1 Established market leader in agribusiness 2 Synergy and efficiency achieved through vertically integrated large scale businesses 3 Quality operations supported by state-of-the-art bio security measures 4 Experienced and professional leadership team 5 10
Slide 11: Established Market Leader in Poultry
1 Established Market Leader in Poultry Indonesia animal feed production capacity share (1) Indonesia DOC production capacity share Source: Company Annual Reports, Frost & Sullivan (May 2014) Note: (1) Market share calculation in the above table excludes aqua feed ▪ Stable and attractive industry dyn
Slide 12: Synergy and efficiency achieved through vertically integrated large scale business
2 Synergy and efficiency achieved through vertically integrated large scale business Ability to control feed formulation to suit Exclusive rights to superior strain of DOC type of breed which Japfa produces which is suited to Indonesian climate and Ability to control timing of delivery and consumer
Slide 13: Synergy and efficiency achieved through vertically integrated large scale business
2 Synergy and efficiency achieved through vertically integrated large scale business Corn prices (US$/MT) Soybean meal prices (US$/MT) 350 ~70% sourced 700 US$ linked 100% imported US$ denominated domestically 300 600 250 500 200 400 150 300 100 200 50 100 0 0 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-
Slide 14: Quality Operations Supported by State-Of-The-Art Bio Security Measures
3 Quality Operations Supported by State-Of-The-Art Bio Security Measures A Minimize exposure from the elements Full body Spray and Monorail Conveyor system ▪ Remote immersion fumigation location ▪ Geographical spread B Optimizing flock resistance from diseases ▪ Sophisticated animal husbandry practi
Slide 15: Experienced and professional leadership team
4 Experienced and professional leadership team Board of Commissioners Syamsir Siregar Hendrick Kolonas Retno Astuti Wibisono President Vice President Independent Commissioner Commissioner Commissioner Year of agri Year of agri Year of agri experience: 9 experience: 18 experience: 13 Board of Directo
Slide 16: Financial Highlights
Financial Highlights 16
Slide 17: Quarterly performance update
Quarterly performance update Key financial and operational metrics Key Highlights YTD Sept FY 2013 2014 Purchasing Power Income Statement ■In 2H2013, the Rupiah depreciated by approximately 20% against US Dollar. The increase in general wages in 2014 was Revenue 21,412 18,694 not enough to compensat
Slide 18: Quarterly performance update
Quarterly performance update Key financial and operational metrics Key Highlights Breeding ■Our DOC operations also showed a shrinkage in profit margins. Generally there was an over supply of DOC arising from an increase in production volumes across the breeding industry. This was especially evident
Slide 19: Proven financial track record
Proven financial track record Total Assets Net Debt / Equity (In IDR billion) CAPEX (In IDR billion) Note: Based on Company’s 1H14 Financial Results 20
Slide 20: Proven Financial Track Record
Proven Financial Track Record Net Revenues Gross Profit (In IDR billion) (In IDR billion) EBITDA Net Profit (In IDR billion) (In IDR billion) Note: Based on Company’s 1H14 Financial Results 21
Slide 21: Appendix
Appendix 22
Slide 22: Pan-national distribution platform
Pan-national distribution platform Deep national coverage with strong local knowledge 23 Note: (1) Japfa has 61 breeding farms and not all the farms are reflected on the map.
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