Sunshine Holdings Plc · CSELK:SUN.N0000
Sunshine — Q3 FY2016 Earnings Presentation
19 slides from Sunshine's earnings presentation, Feb 11, 2016
Slide 1: Sunshine
IN Sunshine
Slide 2: Earnings Presentation 3QFY16
Earnings Presentation 3QFY16 11th February 2016
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 - 9M FY16
Group at a Glance - 9M FY16 • LKR 12.8bn in Revenue; +5% YoY • LKR 1bn of PAT; +16% YoY* • PATMI of LKR 509m; up +8% YoY* Revenue-9M FY16 • Healthcare revenue: LKR 5.3bn; Other, +17% YoY FMCG, 19.7% 3.1% Healthcare, • Agri revenue: LKR 4.6bn; -12% YoY. 41.2% • 7.1m kg of palm oil, +2% growth YoY. LK
Slide 6: Group at a Glance – 3QFY16
Group at a Glance – 3QFY16 • LKR 4.3bn in Revenue; +5% YoY • LKR 391m PAT; +12% YoY* • PATMI of LKR 175m; +6% YoY* Revenue-3Q FY16 • Healthcare revenue; LKR 1.8bn; Other +17% YoY FMCG, , 3.2% Healthcare • Agri revenue; LKR 1.4bn; -15% YoY. 22.0% , 43.0% • 1.8m kg of palm oil, -21% YoY. • 2.5m kg of
Slide 7: Revenue Growth Trend
Revenue Growth Trend • Revenue growth of 5% YoY in 3QFY16 to LKR4.3bn • Healthcare (+LKR 259;+17%YoY), FMCG (+LKR 166m; +23%YoY), Agri (-LKR 233m; -13%YoY) • 5 Year CAGR of 11% LKR m Revenue growth 4,288 4,072 4 ,5 00 25% 4 ,0 00 19% 3,743 3,373 20% 3 ,5 00 2,826 11% 15% 3 ,0 00 9% 5% 10% 2 ,5 00 5%
Slide 8: Profitability
Profitability LKR m 13.3% PAT margins 11.1% 5 00 14% 4 50 9.1% 12% 8.7% 4 00 7.1% 10% 3 50 3 00 8% 2 50 6% 2 00 1 50 246 415 391 449 289 4% 1 00 2% 50 - 0% 3QFY12 3QFY13 3QFY14 3QFY15 3QFY16 PAT PAT margin % • Top line growth and margin expansion have driven growth in profitability • 3Q last year ad
Slide 9: Earnings Contribution
Earnings Contribution PAT-3Q FY16 PATMI-3Q FY16 Other, Other, 3.7% Healthcare, 4.9% 21.5% FMCG, FMCG, 21.9% Healthcare, 29.5% 47.9% LKR 391m LKR 175m Agri, Agri, 25.3% 45.3% • Lower impact of Agri sector at PATMI level. Effecting holding just 25%. • Healthcare contributed 48% of total PATMI *Other i
Slide 10: Segment Performance 3QFY16
Segment Performance 3QFY16
Slide 11: Healthcare
Healthcare 9M 9M Growth 3Q 3Q Growth LKRm FY16 FY15 % FY16 FY15 % Revenue 5,271 4,495 17.2 1,844 1,575 17.1 EBIT 400 350 14.4 128 121 5.5 EBIT Margin 7.6% 7.8% 6.9% 7.7% Profit for the period 264 174 51.4 84 20 319.0 PAT Margin 5.0% 3.9% 4.6% 1.3% Normalized PAT* 264 236 11.9 84 82 3.0 Highlights •
Slide 12: Retail – Aggressive Rollout
Retail – Aggressive Rollout 23 Outlets existing outlets in Colombo, including 12 express outlets Expansion of retail footprint • 3 new full service stores opened in 9M • 4 new express stores opened in 9M • 26 more stores by FY18 • Emphasis on growing high margin Wellness and Beauty segments • Focus
Slide 13: FMCG
FMCG 9M 9M Growth 3Q 3Q Growth LKRm FY16 FY15 % FY16 FY15 % Revenue 2,520 2,105 19.7 941 788 19.4 EBIT 381 290 31.7 128 147 (12.9) EBIT Margin 15.1% 13.8% 13.6% 18.6% Profit for the period 343 254 34.9 116 131 (12.0) PAT Margin 13.6% 12.1% 12.3% 16.7% Highlights • Sales growth driven higher branded
Slide 14: Agri
Agri 9M 9M Growth 3Q 3Q Growth LKRm FY16 FY15 % FY16 FY15 % Revenue 4,615 5,280 (12.6) 1,364 1,601 (14.8) EBIT 566 577 (2.0) 223 213 4.8 EBIT Margin 12.3% 10.9% 16.3% 13.3% Profit for the period 439 409 7.4 177 147 20.8 PAT Margin 9.5% 7.7% 13.0% 9.2% Highlights • Palm Oil volumes: 7.1m kg in 9M, +2
Slide 15: Other
Other Energy Packaging • Revenue of LKR 104m • The packaging division for 9MFY16, up from reported revenues of LKR 88m due to heavy rainfall in 9M. LKR 262m, up 41% YoY • LKR 42m PAT for 9M • PAT of 13m in 9MFY16 FY16 against LKR 21m against LKR 19m loss last year same period last year • Constructio
Slide 16: Additional Data
Additional Data 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q LKR m FY14 FY14 FY14 FY14 FY15 FY15 FY15 FY15 FY16 FY16 FY16 Revenue 3,473 3,498 3,743 3,982 3,984 4,166 4,072 4,105 4,179 4,341 4,288 PAT 125 236 415 392 326 225 289 207 314 344 391 PATMI 65 176 187 259 147 158 104 134 162 171 175 1Q 2Q 3Q 4Q 1Q 2Q 3
Slide 17: Outlook
Outlook
Slide 18: Outlook for 4Q FY16
Outlook for 4Q FY16 Healthcare Packaging • Continue growth momentum • Focus on new export orders • New agencies to be launched • Strong order book with high • 1 new retail outlet plant utilization for 4Q FMCG Energy • Expand distribution • Historically, 4Q performance is • Slight dip in margins with
Slide 19: Thank you
Thank you For more information, Please visit our Investor Relations page http://www.sunshineholdings.lk/investor%20relations/index.php