Singapore Exchange Ltd. · SGX:S68
Singapore Exchange — BreadTalk Group — Q1 2016 Earnings Presentation
14 slides from Singapore Exchange's earnings presentation, 2016
Slide 1: BreadTalk Group Limited Financial Results First Quarter 2016
BreadTalk Group Limited Financial Results First Quarter 2016 Bakery Food Atrium Restaurant
Slide 2: 1Q 2016 Financial Highlights: Income Statement
1Q 2016 FINANCIAL HIGHLIGHTS Income Statement Highlights S$ million 1Q 2016 1Q 2015 Y/Y Revenue 154.6 152.5 1.4% Bakery 75.9 76.9 -1.3% Food Atrium 41.8 42.0 -0.4% Restaurant 36.9 33.6 9.9% EBITDA 20.0 18.3 8.8% Bakery 6.8 6.1 10.6% Food Atrium 0.9 5.2 -81.8% Restaurant 6.5 5.7 14.8% Others 5.7 1.3
Slide 3: Group Key Financial Highlights
GROUP KEY FINANCIAL HIGHLIGHTS REVENUE MIX BY BUSINESS REVENUE MIX BY GEOGRAPHY EBITDA MIX BY BUSINESS 1Q 2016 Revenue: S$155m 1Q 2016 Revenue by Geography 1Q 2016 EBITDA: S$20m 1Q 2016 Others 1Q 2016 1Q 2016 $9m Hong Kong 6% Others Restaurant $6m $18m $37m 28% 12% 6% 8% 24% Bakery 22% 12% $7m Baker
Slide 4: 1Q 2016 Financial Highlights: Balance Sheet
1Q 2016 FINANCIAL HIGHLIGHTS Balance Sheet Highlights S$ million 1Q 2016 FY 2015 Total assets 533 545 Cash and cash equivalents 101 95 Accounts receivables 67 75 Inventories 9 10 Current assets 177 179 Property, plant and equipment 196 206 Investment securities 90 90 Non-current assets 356 366 Total
Slide 5: 1Q 2016 Financial Highlights: Cash Flow
1Q 2016 FINANCIAL HIGHLIGHTS Cash Flow Highlights S$ million 1Q 2016 1Q 2015 Operating cash flow before working capital changes 15 15 Net cash flow from operating activities 10 5 Less: Capital expenditure (12) (17) Investment in associate & joint venture (1) (1) Net cash flow from (used in) investin
Slide 6: 1Q 2016 Financial Highlights: Financial Ratios
1Q 2016 FINANCIAL HIGHLIGHTS Financial Ratios 1Q 2016 FY 2015 Trade receivables turnover (days) - Franchisee 89 93 Trade receivables turnover (days) - Non franchisee 1 2 Total receivables turnover (days) 7 8 Inventory turnover (days) 24 24 Trade payables turnover (days) 26 27 Cash conversion cycle (
Slide 7: Strong Presence Across Asia
STRONG PRESENCE ACROSS ASIA Strong foothold across 16 territories in Asia and Middle East Number of Outlet Distribution by Geography Number of Outlet Distribution by Business Segment Segment FY 15 Net Increase/ (Decrease) 1Q 16 Thailand 6 Singapore Bakery 862 (4) 858 166 Direct Operating 266 (2) 264
Slide 8: Bakery Division
BAKERY DIVISION Revenue 1Q 16 Revenue by Geography 300 250 International# 1% 200 SEA* Hong Kong 2% 150 12% 100 -1.0% Singapore 50 FY10 FY11 FY12 FY13 FY14 FY15 1Q 15 1Q 16 42% Revenue (S$ million) EBITDA 27 12.0% 11.0% 11.0% China 22 43% 9.3% 10.0% 8.8% 8.9% 17 8.6% 9.0% 7.9% 7.8% 12 8.0% 7.3% 7.0%
Slide 9: Bakery Division: Number of Outlets
BAKERY DIVISION Number of Bakery Outlets 1Q 16 Outlet Distribution by Geography 1000 International # 30 858 4% 800 SEA* 259 600 30% China 420 49% 400 200 Singapore 129 124 14% Hong Kong 25 3% 0 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 1Q 16 Number of outlets *including SEA are Malaysia, Tha
Slide 10: Food Atrium Division
FOOD ATRIUM DIVISION Revenue 1Q 16 Revenue by Geography 200 150 Taiwan 100 4% SEA* 4% 50 -0.4% Hong Kong Singapore 0 23% 39% FY10 FY11 FY12 FY13 FY14 FY15 1Q 15 1Q 16 Revenue (S$ million) EBITDA 25 20.0% 16.8% 20 16.1% 15.1% 14.7% 15.0% 13.3% China 15 12.4% 30% 10.3% 10.0% 10 5.0% 5 2.3% *including
Slide 11: Food Atrium Division: Number of Outlets
FOOD ATRIUM DIVISION Number of Food Atrium Outlets 1Q 16 Outlet Distribution by Geography 80 SEA* 5 Taiwan 8% 60 3 60 5% Hong Kong 6 10% 40 China 31 52% 19 20 Singapore 15 25% 0 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 1Q 16 Number of outlets *including SEA are Malaysia and Thailand 11
Slide 12: Restaurant Division
RESTAURANT DIVISION Revenue 1Q 16 Revenue by Geography 150 125 100 Thailand 75 7% 50 +9.9% 25 0 FY10 FY11 FY12 FY13 FY14 FY15 1Q 15 1Q 16 Revenue (S$ million) EBITDA 37 29.0% 32 Singapore 27 23.7% 24.0% 93% 22 17.7% 19.0% 17 16.9% 16.1% 12 13.5% 14.0% 14.2% 7 10.1% 10.6% 2 9.0% FY10 FY11 FY12 FY13 F
Slide 13: Restaurant Division: Number of Outlets
RESTAURANT DIVISION Number of Restaurant Outlets 1Q 16 Outlet Distribution by Geography 50 Thailand 40 3 10% 30 30 20 10 5 Singapore 27 90% 0 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 1Q 16 Number of outlets 13
Slide 14: Contact Us
CONTACT US Mr. Chan Ying Jian Group Chief Financial Officer Ms. Agnes Kang Investor Relations Tel - (65) 6285 6116 Email - ir@breadtalk.com 14