Jg Summit Holdings Inc. · PSE:JGS
Jg Summit — Q1 2014 Earnings Presentation
14 slides from Jg Summit's earnings presentation, May 2014
Slide 1: Company Presentation
Company Presentation May 2014
Slide 2: Key Highlights & Recent Developments
Key Highlights & Recent Developments Consolidated revenues Core net income Dividend income from up 12% to P43.2 billion increases 12% to P5.3 core investments went due to the strong billion. up by 4% to P2.0 billion. performance of major subsidiaries. In February 2014 JG Summit issued a PhP30 bil
Slide 3: Growing Revenues & Earnings from Strong Operations
Growing Revenues & Earnings from Strong Operations 135.6 9% 147.6 Revenues (in PhP billion) Strong performance due to success of Great Taste White Coffee and RTD 38.5 12% 43.2 business, and continued increase in int’l business performance. 2012 2013 1Q2013 1Q2014 Strong realized revenue growth from
Slide 4: Strong Operating Performance
Strong Operating Performance Growth 1Q 1Q Growth 2012 2013 In Php Billions % 2013 2014 % Revenues 135.60 147.6 +9% 38.51 43.23 +12% Operating Income 20.97 24.28 +16% 7.81 8.96 +15% Market valuation gain/(loss) on 1.87 0.31 -83% 0.25 0.10 -96% FVPL and derivatives Foreign Exchange gain/(loss) – 1.40
Slide 5: Solid Balance Sheet Position
Solid Balance Sheet Position Growth 2012 2013 1Q 2014 In PhP Billions % Cash* (inc Financial Assets and AFS Inv’ts) 41.31 41.76 38.62 -8% Total Assets 340.38 463.82 482.98 +4% Total Financial Debt** 81.11 122.40 158.17 +29% Total Liabilities 141.90 232.01 246.18 +6% Total Equity Stockholders’ Equity
Slide 6: Core Investments
Core Investments Revenues Core Net Income (in PhpBillion) (in Php Billion) 298.6 16.3 17.0 285.3 64.8 55.1 4.1 4.0 2012 2013 1Q2013 1Q2014 2012 2013 1Q2013 1Q2014 Service Revenues Core Net Income (in Php Billion) (in Php Billion) 159.7 164.1 36.9 38.7 40.0 41.2 9.6 9.8 2012 2013 1Q2013 1Q2014 2012 2
Slide 7: Market Share Revenues Net Income
Revenues Market Share (in PhP billion) MARKET CATEGORY #1 #2 #3 SHARE 81.0 Snacks 39% URC 25% 8% 71.2 14% Candies 35% URC 12% 11% Chocolates 24% URC 9% 9% Biscuits 16% 34% 28% URC Cookies 28% URC 24% 12% 45.7 Pretzels 44% URC 30% 12% 40.3 13% Canned Beans 81% URC 8% 5% Cup Noodles 46% 52% URC 2% RTD
Slide 8: URC International
URC International Market Share (In PhP billion) 22.1 Revenue EBIT THAILAND* 20.2 MARKET CATEGORY #1 #2 #3 SHARE 9% 11.8 Biscuits 21% URC 11% 10% 10.7 10% 20% Wafers 21% URC 11% 10% 20% VIETNAM* 1.7 2.1 1.0 1.2 RTD Tea 32% 46% URC 5% 2012 2013 1H2013 1H2014 Source: AC Nielsen Retail Index March 2014
Slide 9: Revenues Net Income
Revenues EBITDA Breakdown (in PhP billion) FY2013: PhP 8.43bn 15.9 Hotels Office Buildings Office Hotels 13.5 18% Buildings PhP0.3bn Investment Residential Portfolio: 84% PhP0.7 bn 6% Commercial Centers 16% Residential Commercial PhP 0.7bn Development 7.9 7% 8.5 Centers 16% PhP2.8 bn Portfolio: 16%
Slide 10: Revenues Operational Highlights EBITDAR
Revenues Operational Highlights (in PhP billion) 2012 2013 1Q 1Q1 Growth 8% 41.0 2013 2014 % 37.9 Total Passenger Volume (m) 13.3 14.4 3.5 3.8 +7 Seat Load Factor 82.6% 81.9% 83.9% 82.4% -1.5 Ave. Fare/Pax (PhP) 2,232 2,206 2,312 2,337 +1 12% 10.5 11.8 Ancillary/Pax (PhP) 448 469 510 591 +16 Total A
Slide 11: Net Income Technical Shutdown
Net Income Technical Shutdown (in PhP million) • On technical shutdown since the start of the fiscal year in October 2012 to give way for the PE Capacity Expansion from 200,000 MT to 452.3 300,000 MT capacity and PP Rehabilitation 390.6 16% Projects 342.0 On Schedule • On schedule to complete the co
Slide 12: Plans and Prospects
Plans and Prospects Commission Creamer factory in Vietnam and bio-ethanol facility in the Philippines. Finish construction of factory in Central Vietnam, URC Myanmar and Biomass Power Cogeneration facility in the Philippines. Execute improvements in selling systems in Indonesia and Thailand.
Slide 13: Disclaimer
Disclaimer This presentation contains certain forward looking statements with respect to the financial condition, results of operations and businesses of JG Summit Holdings, Inc. (JG Summit). Such forward looking statements involve known and unknown risks, uncertainties and other factors which may c
Slide 14: THANK YOU!
‘4 JG SUMMIT HOLDINGS, INC. (24nd