Fraser & Neave Holdings Bhd. · MYX:F&N
Fraser & Neave Holdings Bhd — 1H FY2023 Earnings Presentation
31 slides from Fraser & Neave Holdings Bhd's earnings presentation, May 5, 2023
Slide 1: First Half FY2023 Financial Results Briefing
FIRST HALF FY2023 FINANCIAL RESULTS BRIEFING
Slide 2: Contents
Contents • Financial Highlights 1 2 1H • Our Global Presence Half Year Highlights FY2023 • Dividend 3 What's Coming Next? 4 Q&A 2
Slide 3: 1H FY2023 F&NHB Group Financial Highlights
1H FY2023 F&NHB Group Financial Highlights Overall improved Group performance attributable to better price management, aggressive cost management measures, and strategic business decisions made over the last two years. REVENUE OPERATING PROFIT ADJUSTED OPERATING PROFIT * RM2,425.1 mil RM350.9 mil RM
Slide 4: 1H FY2023 F&NHB Group Financial Performance
1H FY2023 F&NHB Group Financial Performance • 1H FY2023 Group revenue +9.5% to RM2,425.1 million (1H FY 2022: RM2,214.3 million) – positive sales momentum from festive sales and contribution from Cocoaland. • 1H FY2023 adjusted Group operating profit * +6.6% to RM256.5 million (1H FY 2022: RM240.7 m
Slide 5: F&B Malaysia
F&B Malaysia Strong double-digit growth in revenue and operating profit on the back of positive momentum from festive sales and Revenue Cocoaland contribution. (RM'mil) +19.3% ----------------------- 2Q FY2023 v 2Q FY2022 • Revenue +15.0% : 1,420.9 1,190.7 +23.9% • Positive momentum from festive sal
Slide 6: F&B Thailand
F&B Thailand Solid margin recovery in Q2 FY2023 from better price and margin management. Revenue (RM'mil) -2.9% ----------------------- 2Q FY2023 v 2Q FY2022 (THB) -0.1% • Revenue +1.3% (-0.1% in THB) and operating profit +26.3% (+24.8% in THB) -5.4% (THB) -1.9% • Achieved a solid margin recovery 1,
Slide 7: Our Global Presence
Our Global Presence Margins for exports improved through tactical pricing strategy and portfolio mix, despite lower revenue. Certain key export markets were affected by slow offtake in HORECA channel and lower orders. Contribution of Export Revenue to Segment Revenue as of March 2023 7
Slide 8: Interim Dividend Maintained at 27 sen/share
Interim Dividend Maintained at 27 sen/share (2022: 27 sen/share) 31 Mar 30 Sep • Directors recommend an interim single tier Change 2023 2022 dividend of 27.0 sen per share (2022: 27 sen per share). Total equity 3,203.7 2,982.5 7.4% • Entitlement date: 18 May 2023 (RM'mil) • Date of payment: 1 Jun 20
Slide 9: Half-Year Highlights
HALF-YEAR HIGHLIGHTS
Slide 10: Our New Integrated Office in Shah Alam
Our New Integrated Office in Shah Alam Open concept offices | Collaboration space | Hybrid working environment 10
Slide 11: Integrated Warehouse at Shah Alam Plant – completed repairs post-flood
Integrated Warehouse at Shah Alam Plant – completed repairs post-flood Racking Stacker Crane RGV • Integrated warehouse building with Automatic Storage & Retrieval System (ASRS) with capacity to store over 50,000 pallets • Able to maximise storage efficiency, reduce operational costs, shorten delive
Slide 12: Refreshing the Look of F&N Fun Flavours
REFRESHING THE LOOK OF F&N FUN FLAVOURS – KINI LEBIH GEMPAK! 12
Slide 13: 13
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Slide 14: Festive product offerings
• NONA Ketupat Wangi Meeting 61st Annual General Haruman Wangi Chief Executive Officer’s • LOT100 Presentation Kurma Gummy 14
Slide 15: Brand Activation Campaigns During Raya and Ramadan
BRAND ACTIVATION CAMPAIGNS TO INCREASE VISIBILITY & RAMP UP SALES DURING RAYA AND RAMADAN 15
Slide 16: 100PLUS Ramadan Care Packages
100PLUS joins Omnia to brings joy throughout Ramadan by distributing >6,000 Care Packages and Bubur Lambuk to 4 selected regions in Peninsular Malaysia.
Slide 17: F&N Brings Smiles to Underprivileged Children
ANNUAL FESTIVE OUTREACH PROGRAMME F&N Brings Smiles to 51 Underprivileged Children Through Buka Puasa and Raya Gifts
Slide 18: F&N Annual School Recycling Programme
F&N ANNUAL SCHOOL RECYCLING PROGRAMME Continue raising awareness about recycling through partnership with SWCorp Malaysia 5 months Targets 1,300 until primary & secondary 31 Aug 2023 schools throughout Malaysia 18
Slide 19: F&N Strengthens Its Presence in Indochina with Extended Rights from Nestlé
FRASER & NEAVE HOLDINGS BHD F&N Strengthens Its Presence in Indochina with Extended Rights from Nestlé. We are the exclusive manufacturer and distributor for Nestlé’s BEAR BRAND sterilised milk in Cambodia.
Slide 20: New Brand Ambassador for Teapot
INTRODUCING OUR NEW BRAND AMBASSADOR FOR TEAPOT THANAPOB LEERATANAKAJORN, Thai Actor 20
Slide 21: Carnation's Consumer Campaign to Drive Sales
CARNATION’S CONSUMER CAMPAIGN TO DRIVE SALES 21
Slide 22: Showcasing Our Product Offerings at International Trade Fairs
SHOWCASING OUR PRODUCT OFFERINGS AT INTERNATIONAL TRADE FAIRS GULFOOD 2023 THE INTERNATIONAL FOOD & HOSPITALITY FAIR 2023 14 – 18 March, New Delhi 19 – 23 February, Dubai
Slide 23: Our Awards & Recognition
OUR AWARDS & RECOGNITION THE EDGE ESG AWARDS 2022 GRADUATES’ CHOICE AWARD Gold Top 5 Graduates’ Choice of - Consumer Products & Employer To Work For in 2023 Services - Fast Moving Consumer Goods Top 3 Performers in ASEAN - Fraser & Neave Holdings Bhd Fraser & Neave Holdings Bhd GLOBAL TOP 6 COMPANIE
Slide 24: What's Coming Next?
WHAT’S COMING NEXT?
Slide 25: Update on Cocoaland
Update on Cocoaland • Key management positions have been assumed since the completion of acquisition in Nov 2022. • Meanwhile, Cocoaland’s Executive Directors remain as advisors until 3 May 2023. • Post merger integration is in progress, including synergies with Sri Nona. • More updates will be prov
Slide 26: Sri Nona's latest automated ketupat line in Rawang
Sri Nona’s latest automated ketupat line in Rawang 26
Slide 27: Integrated dairy farm project timeline
The Group remains committed to meeting its Phase 1 of the integrated dairy farm project by December 2024 Land Acquisition Completed 2022 2023 Dec 2024 Where We Are Now Plan Finalisation Commencement First and Approvals of Site Preparation Milking (incl. land clearance) • Submitted EIA in the process
Slide 28: Celebrating our 140th anniversary
Celebrating our 140th anniversary… 28
Slide 29: New look, Same great taste!
New look, Same great taste! 29
Slide 30: Q&A
Q&A 30
Slide 31: Thank You
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