Slide 1: Sustaining Profitable Growth
Sustaining Profitable Growth Full-Year 2022 Presentation to Investors and Analysts 8 March 2023 1
Slide 2: Disclaimer
Disclaimer Unless otherwise indicated, the financial information provided herein has been prepared under International Financial Reporting Standards (IFRS). This presentation contains forward-looking statements and information. Forward-looking statements and information are statements that are not h
Slide 3: #TheKingOfStrength
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Slide 4: Content
Content Our Company Philosophy 05 Company Overview 06 Performance Highlights 10 Sustaining profitable growth 15 Leading through Sustainability 16 4
Slide 5: Our Philosophy
Our Philosophy Our Vision Our Mission Our Value Proposition To be a highly competitive To produce and market high We are a professional supplier of premium market leader in Nigeria quality cement for national brand cement and provide reliable delivery development to our customers with application tr
Slide 6: Company Overview
Company Overview Largest Cement producer 4 Modern lines N3.3 trillion in the North-West, South-South Operational across 2 States Market capitalisation as at and South East December 2022 11 1EHS led by United Nations SDGs N361 billion 8 8 8 (FY2021: N257.3 billion) Revenue 5 3.5 3.5 3.5 2015 2016 201
Slide 7: Flawless Execution, Disciplined Approach
Flawless Execution, Disciplined Approach Incorporation of CCNN; Commissioned its 0.5mmt Listed on the Nigeria Stock FGN divested its Scancem divested its BUA International Limited commenced operation in (Line-2), with Line -1 Exchange (NSE), resulting majority holding to majority holding to Damnaz a
Slide 8: Strategic Positioning, Increasing Market Presence
Strategic Positioning, Increasing Market Presence Sokoto Plant Sokoto State Line 2 0.5MMTPA Line 3 1.5MMTPA Line 4 3MMTPA Line 5 3MMTPA (2024) BUA Cement Plc Obu Plant Head Office Edo State Victoria Island, Lagos, Nigeria Line 1 3MMTPA Line 2 3MMTPA Line 3 3MMTPA (2024) 8
Slide 9: BUA Cement (Sokoto)
BUA Cement (Sokoto) Construction works on Sokoto line 5 9
Slide 10: Highlights from FY2022 – Sustained Performance Amid Challenging Headwinds
Highlights from FY2022 – Sustained Performance Amid Challenging Headwinds PERFORMANCE 1 SUSTAINABILITY 7 We are committed to minimizing the impact Performance sustained by increased output of our activities on people and the capacity and contingency plans that environment, engagement with stakeholde
Slide 11: Balancing Rising Costs and Margin Preservation
Balancing Rising Costs and Margin Preservation 1 Revenue per ton (N’000) 2 EBITDA (N‘bn) 3 EBITDA Margin 154.5 57.5 46.5% 119.6 47.4 42.8% FY2022 FY2021 FY2022 FY2021 FY2022 FY2021 • Revenue per ton increased by 21.2% to N57,511/ton from N47,448/ton, as at FY2021. This was due to pricing activities
Slide 12: Product Appreciation … A Lever to Continued EBITDA Growth
Product Appreciation … A Lever to Continued EBITDA Growth (Δ;y/y) EBITDA (2022) 155 SD&A (net) (7) Cost of sales (62) Revenue 104 EBITDA (2021) 120 (100) (50) 0 50 100 150 200 N’billion • Revenue increased by 40.3% or N103.7 billion to N361 billion from N257.3 billion (FY2021), given the combination
Slide 13: Inflationary Pressures and Continued Cost Containment
Inflationary Pressures and Continued Cost Containment Cost of sales Energy cost SD&A per ton (N‘000) per ton (N‘000) per ton (N‘000) 31.5 14.5 25.1 9.4 5.3 3.1 FY2022 FY2021 FY2022 FY2021 FY2022 FY2021 • Cost of sales per ton rose by 25.4% to N31,535/ton from N25,149/ton, as at FY2021. This was due
Slide 14: BUA Cement (Obu)
BUA Cement (Obu) Construction works on Obu line 3 14
Slide 15: Sustaining Profitable Growth– Strategic Priorities
Sustaining Profitable Growth– Strategic Priorities Sustaining Synergy New Markets Expansion Innovation Sustainability • Drive continued revenue and • Increase customer • Construction of lines 3 • Deploy solutions that • Transition from Heavy Fuel cost synergies across portfolio and capture new & 5 a
Slide 16: Leading Through Sustainability
Leading Through Sustainability L-R: The renovation of 6 classroom blocks at Utayokhe Primary School Leading Through Sustainability L-R: The commissioning of a solar borehole at the Dagelwa,, Sokoto State; the donation of 1,000 desks and chairs to the BUA Cement Schools, Sokoto; the ongoing construct
Slide 17: BUA Cement and Sokoto Cement are products of BUA Cement PLC
*BUA Cement and Sokoto Cement are products of BUA Cement PLC. 17
Slide 18: Thank You
BUA Cement Plc RC 1193879 Thank You BUA Cement Plc 5th Floor, BUA Towers PC 32, Churchgate Street Victoria Island, Lagos, Nigeria Email: investor.relations@buacement.com 18