Sunshine Holdings Plc · CSELK:SUN.N0000
Sunshine — Q3 FY2017 Earnings Presentation
20 slides from Sunshine's earnings presentation, Feb 13, 2017
Slide 1: Sunshine
IN Sunshine
Slide 2: Earnings Presentation 3QFY17
Earnings Presentation 3QFY17 13th February 2017
Slide 3: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements that are based on management’s current expectations and assumptions. Forward-looking statements include predictions of future results or activities and may contain the words “expects,” “believes,” “should,” “will,” “ant
Slide 4: Group Performance
Group Performance
Slide 5: Group at a Glance – 9MFY17
Group at a Glance – 9MFY17 • LKR 14.1bn in Revenue; +10.1% YoY • LKR 1.3b PAT; +27.7% YoY • PATMI of LKR 446m; -12.6% YoY Revenue – 9M FY17 Other • Healthcare revenue; LKR 5.8bn; +10.5% YoY 4% • Agri revenue; LKR 4.7bn; +2.7% YoY. FMCG Health 21% 8.4m kg of palm oil, +19% YoY. care 41% 5.87m kg
Slide 6: Group at a Glance – 3QFY17
Group at a Glance – 3QFY17 • LKR 4.42bn in Revenue; +3.2% YoY • LKR 402.6m PAT; +3.2% YoY • PATMI of LKR 13.4m; -92.3% YoY Revenue – 3Q17 Other • Healthcare revenue; LKR 1.78bn; -3.1% YoY 2% • Agri revenue; LKR 1.43bn; +4.9% YoY. FMCG Health 25% care 2.4m kg of palm oil, +30% YoY. 41% 2m kg of t
Slide 7: Group Financial Highlights
Group Financial Highlights 9M 9M Growth 3Q 3Q Growth LKRm FY17 FY16 % FY17 FY16 % Revenue 14,102 12,807 10.1 4,425 4,288 3.2 EBIT 1,664 1,387 20.0 487 493 (1.1) EBIT Margin 11.8% 10.8% 11.0% 11.5% Profit for the period 1,338 1,048 27.7 403 390 3.2 PAT Margin 9.5% 8.2% 9.1% 9.1% Profit Attributable t
Slide 8: Revenue Growth Trend
Revenue Growth Trend • 5 Year CAGR of 7% 5 Yr CAGR: 7% LKR m 25% 6,000 4,426 5,000 20% 19% 4,072 4,288 3,743 4,000 15% 3,373 3,000 10% 11% 9% 2,000 5% 5% 1,000 3% 0% - 3QFY13 3QFY14 3QFY15 3QFY16 3QFY17 Revenue %Growth
Slide 9: Profitability
Profitability LKR m 600 19.0% 17.0% 449 415 500 391 406.1 15.0% 13.3% 400 13.0% 289 11.0% 11.1% 300 9.0% 9.1% 200 7.0% 7.1% 100 5.0% 3.0% 3.8% - 3QFY13 3QFY14 3QFY15 3QFY16 3QFY17 PAT %PAT margin • Profits grew despite challenging externalities • Healthcare margins significantly affected by price co
Slide 10: Earnings Contribution
Earnings Contribution PAT – 3QFY17 PATMI – 3QFY17 In LKRm In LKRm Contribution % Contribution % Healthcare (98,705) -25% Healthcare (98,705) -733% Agri 465,999 116% Agri 113,032 840% FMCG 85,439 21% FMCG 25,828 192% Other (50,102) -12% Other (26,696) -198% Total 402,630 100% Total 13,458 100% • Lowe
Slide 11: Segment Performance 3Q FY17
Segment Performance 3Q FY17
Slide 12: Healthcare
Healthcare 9M 9M Growth 3Q 3Q Growth LKRm FY17 FY16 % FY17 FY16 % Revenue 5,826 5,271 10.5 1,786 1,844 (3.1) EBIT 193 400 (51.8) (91) 128 (171.4) EBIT Margin 3.3% 7.6% -5.1% 6.9% Profit for the period 91 264 (65.6) (99) 84 (217.4) PAT Margin 1.6% 5.0% -5.5% 4.6% Highlights • 9M FY17 Revenue growth o
Slide 13: Healthcare Retail
Healthcare Retail 24 Outlets existing outlets in Colombo, including 12 express outlets Highlights • Continued focus on Beauty and Wellness sales helped margin expansion • Kalubowila and Castle Street outlets closed in 3Q, Thimbirigasyaya opening pushed to 4Q • Consumer spending remains sluggish
Slide 14: FMCG
FMCG 9M 9M Growth 3Q 3Q Growth LKRm FY17 FY16 % FY17 FY16 % Revenue 3,011 2,520 19.5 1,113 941 18.2 EBIT 281 381 (26.3) 101 128 (21.5) EBIT Margin 9.3% 15.1% 9% 13.6% Profit for the period 249 343 (27.5) 85 116 (26.1) PAT Margin 8.3% 13.6% 7.7% 12.3% Highlights • 9M FY17 Revenue growth driven by bra
Slide 15: Agri
Agri 9M 9M Growth 3Q 3Q Growth LKRm FY17 FY16 % FY17 FY16 % Revenue 4,738 4,615 2.7 1,430 1,364 4.9 EBIT 1,183 566 109 519 223 132.8 EBIT Margin 25% 12.3% 36.3% 16.3% Profit for the period 1,014 439 131 466 177 163 PAT Margin 21.4% 9.5% 32.6% 13% Highlights • Revenue growth in line with strategy of
Slide 16: Other
Other Energy Packaging • Revenue of LKR 67.6m • The packaging division for 9M FY17 against LKR reported revenues of LKR 104m last year due to 250.5m, down 4.2% YoY in change in weather patterns 9M FY17 • LKR -10.1m PAT for • Export revenue up 69% from 9MFY17 against LKR 41.8m last year. last year •
Slide 17: Additional Data
Additional Data LKR m 1Q FY15 2Q FY15 3Q FY15 4Q FY15 1Q FY16 2Q FY16 3Q FY16 4Q FY17 1Q FY17 2Q FY17 3Q FY17 Revenue 3,984 4,166 4,072 4,105 4,179 4,341 4,288 4,615 4,621 5055 4425 PAT 326 225 289 207 314 344 391 169 408 527 403 PATMI 147 158 104 76 162 171 175 78 207 227 13 Volumes 1Q FY15 2Q FY15
Slide 18: Outlook
Outlook
Slide 19: Outlook for 4Q FY17
Outlook for 4Q FY17 Healthcare Agri • Focus on volume growth in • Tea prices likely to be firm Pharma to combat margin drop • Focus on quality teas and crop • Thimbirigasyaya FS to be opened • OP Crop growth in focus in 4Q Packaging • Consumer spending likely to be low • New orders in exports to be
Slide 20: Thank you
Thank you For more information, Please visit our Investor Relations page http://www.sunshineholdings.lk/investor%20relations/index.php