Singapore Post Ltd. · SGX:S08
Singapore Post — Q1 FY2015/16 Earnings Presentation
12 slides from Singapore Post's earnings presentation, Jul 29, 2015
Slide 1: Q1 FY2015/16 Financial Results
Q1 FY2015/16 Financial Results Quarter April to June 2015 Financial year ending 31 March 2016 29 July 2015
Slide 2: Agenda
Agenda ▪ Executive Summary ▪ Group Financials ▪ Outlook The following presentation contains forward looking statements by the management of Singapore Post Limited (“SingPost”) relating to financial trends for future periods, compared to the results for previous periods. Some of the statements contai
Slide 3: Executive Summary
Executive Summary Good performance in first quarter of FY2015/16 demonstrates progress in transformation of SingPost. Continued growth in ecommerce and logistics activities; contributions from new subsidiaries. In strong position. Good ecommerce momentum, and further development of ecommerce logisti
Slide 4: Q1 FY2015/16 P&L
Q1 FY2014/15 P&L eCommerce related growth and acquisitions contribute to good first quarter performance Q1 Q1 YoY % $M FY15/16 FY14/15 change New acquisitions; Revenue 254.6 210.9 +20.7% ecommerce related growth Rental & property-related income 10.6 10.8 (1.9%) One-off gains on disposals of subsidia
Slide 5: Mail & Digital Services: Q1 FY2015/16 Performance
Mail & Digital Services: Q1 FY2015/16 Performance Mail & Digital Services segment performance Q1 Q1 YoY % $M FY15/16 FY14/15 change Revenue 125.1 123.2 +1.6% Operating profit * 38.9 35.0 +10.9% OP margin * 31.1% 28.4% Decline in hybrid mail revenue from the * Excluding one-off gain from disposal of
Slide 6: Logistics: Q1 FY2015/16 Performance
Logistics: Q1 FY2015/16 Performance Logistics segment performance Q1 Q1 YoY % $M FY15/16 FY14/15 change Revenue 140.1 97.6 +43.6% Operating profit 6.7 3.8 +74.6% OP margin 4.7% 3.9% Acquisitions and growth in ecommerce Logistics revenue breakdown related business underpinned Logistics division’s per
Slide 7: Retail & eCommerce: Q1 FY2015/16 Performance
Retail & eCommerce: Q1 FY2015/16 Performance Retail & eCommerce segment performance Q1 Q1 YoY % $M FY15/16 FY14/15 change Revenue 24.1 22.8 +5.6% Operating profit 1.1 2.9 (60.0%) OP margin 4.7% 12.5% Growth in ecommerce business with customer acquisitions and higher traffic; Retail & eCommerce reven
Slide 8: Total Expenses: Q1 FY2015/16
Total Expenses: Q1 FY2015/16 Revenue vs expenses growth Q1 Q1 YoY % Higher expenses with consolidation of $M FY15/16 FY14/15 change new subsidiaries, ongoing expenditure for transformation, and Revenue 254.6 210.9 +20.7% increased costs in productivity and service improvements for postal Total expen
Slide 9: Financial Position and Cash Flow
Financial Position and Cash Flow Financial position $M Jun 15 Mar 15 NAV (cents per share) 70.4 68.4 Ordinary shareholders’ equity 1,159.8 1,117.2 Borrowings 236.9 238.3 Cash holdings of $565.9M; for investment needs, capex, working Net cash * 329.0 345.8 capital and other funding requirements EBITD
Slide 10: Updates on eCommerce Logistics Network Development
Updates on eCommerce Logistics Network Development Freight, Customs & Warehousing & Last Mile Delivery eCommerce Web Regulations Management Fulfilment & Returns Services Broadening freight JV agreement with Building regional end- Focusing on customer forwarding network with Alibaba Investment Ltd de
Slide 11: Outlook
Outlook Regional Leader in eCommerce Logistics & Trusted Communications MAIL DIGITAL LOGISTICS eCOMMERCE RETAIL & FIN’L SERVICES SERVICES Strengthening ecommerce partnership with Alibaba Group JV agreement for Quantium Solutions International as platform for collaboration Established joint strategic
Slide 12: Complete financial statements available on SGXNET and website
The complete set of financial statements is available on SGXNET and our website at www.singpost.com. 1111