Carlsberg Brewery Malaysia Bhd. · MYX:CARLSBG
Carlsberg Brewery Malaysia Bhd — FY2020 Earnings Presentation
20 slides from Carlsberg Brewery Malaysia Bhd's earnings presentation, Feb 18, 2021
Slide 1: Financial Results FY'20
FINANCIAL RESULTS FY’20 Thursday, 18 Feb 2021 6:00pm – 7:15pm Microsoft Teams Live
Slide 2: Appointment of CFO on 19 Oct 2020
Appointment of CFO on 19 Oct 2020 Vivian Gun Ling Ling 44, Malaysian Vivian is responsible for the finance, investor relations, as well as IT functions, and was previously CFO in Carlsberg Myanmar from 2018. Prior to joining Carlsberg, she had held senior Finance roles with established Malaysian cor
Slide 3: Q4'20 vs. Preceding Quarter
Q4’20 vs. Preceding Quarter Q4’20 vs. Q3’20 +8.5% REVENUE Slow but promising recovery continued in Q4 for MY & SG RM472.5 mil operations. -6.6% NET PROFIT Decline in net profit due to: One-off RM9.9 mil RM37.9 mil restructuring cost that +12.1 % ORGANIC readjusted the Group’s cost base to reflect Co
Slide 4: Performance vs. SPLY
Performance vs. SPLY FY’20 vs. FY’19 • Substantial decline in both revenue and net profit in Q4’20 FY’20 FY’20 vs. FY’19 attributed primarily to lower sales Results (RM million) (RM million) overall because of critical measures undertaken in both Malaysia and Singapore to counter Covid-19, including
Slide 5: FY2020 Dividends
FY2020 Dividends Single-tier interim dividend (declared) Final single-tier dividend (proposed) EARNINGS PER SHARE 53.0 sen 10 sen DIVIDEND PER SHARE 40.0* sen PAYOUT RATIO 75.4%* 30 sen * Equivalent to a total payout of RM122.3 mil of the Group’s FY’20 net profit. 5
Slide 6: 2H2020 Trade Performance Trends
2H2020 Trade Performance Trends ON-TRADE OFF-TRADE E-COMMERCE • Gradual recovery more • Off-trade volume continues • e-Commerce volumes evident in on-trade operators trending upwards given the continued to grow strongly vs. as dine-in restrictions lifted. change in consumer habits and FY’19 albeit f
Slide 7: Core Beer
FY’20 vs. FY’19 20% DECLINE IN CORE BEER • 7-week suspension of brewing and distribution during MCO impacting stock availability including in off-trade. • Dine-in restrictions severely affecting on-trade sales; marketing activations suspended in adherence to social distancing measures. • CNY timing:
Slide 8: Premium
FY’20 vs. FY’19 17% DECLINE IN PREMIUM • 1664 Blanc remained the strongest performing premium brand in our portfolio with only a single- digit decline in volume. • We continued to sustain premium brand loyalty and affinity throughout the year with virtual events and exclusive partnerships, consumer
Slide 9: 2H'20 Highlights
2H’20 HIGHLIGHTS 9
Slide 10: Celebrating Liverpool FC's Iconic Win
Celebrating Liverpool FC’s Iconic Win Painting the town red with limited-edition packaging and promotions 10
Slide 11: New Innovations Launched in Singapore
New Innovations Launched in Singapore Catering to a new generation of drinkers seeking no/low-alcohol and low-calorie choices for active lifestyles 11
Slide 12: Engaging Consumers for Premium Brands
Engaging Consumers for Premium Brands With virtual events, consumer promotions, limited-time variants and festive packaging 12
Slide 13: Capitalising on e-Commerce Growth
Capitalising on e-Commerce Growth Focused initiatives with “e-tailers” as home consumption moments increase ~2.5x volume growth in 2020! 13
Slide 14: #CelebrateResponsibly
#CELEBRATERESPONSIBLY Our ongoing commitment against drink-driving as a responsible brewer 5,700 5 1,800 >4.5 mil e-hailing partners, subsidised rides offered including 3 customer outlets online viewers reached via with more discounted new ones eligible for media partnerships with rides available su
Slide 15: Recognitions & Awards
Recognitions & Awards Other milestones in FY2020: 1. FTSE4Good Bursa Malaysia Index – maintained inclusion as sole brewer among 75 constituents in Dec’20 2. MSCI Indices – reassignment from MSCI Global Standard Index to MSCI Global Small Cap Index in Nov’20 At the 11th edition of The Edge’s Billion
Slide 16: Navigate the Storm & Emerge at Full Sail
NAVIGATE THE STORM & EMERGE AT FULL SAIL 16
Slide 17: 1H'2021 Outlook
1H’2021 OUTLOOK Outlook remains cautious due to persevering effects of COVID-19 and government regulations and measures that will likely cause on-trade sales and consumer sentiment to remain depressed. In MY, re-imposed second MCO from January translates to muted recovery in on-trade sales compounde
Slide 18: Digital Campaigns, Consumer Promotions, Social Media Contests
DIGITAL CAMPAIGNS CONSUMER PROMOTIONS SOCIAL MEDIA CONTESTS on social media assets and for brand preference and to drive brand engagement content publishers festive demand ROR? tC! MEF AMET LLATA GEiistets
Slide 19: Education Aid: 2,000 Families
| 2,000 FAMILIES 33 (RM500 each) RM1,000,000 Education Aid h& iy) tiSundaily 474 2% CARLSBERG — HUAZONG THE BORNEO POST EDUCATION FUND UNDERPRIVILEGED STUDENTS (RM3,000 each)
Slide 20: You
YOU 2 0
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