Nestle (malaysia) Bhd. · MYX:NESTLE
Nestle (malaysia) Bhd — Q2 2024 Earnings Presentation
15 slides from Nestle (malaysia) Bhd's earnings presentation, Jul 26, 2024
Slide 1: Nestlé (Malaysia) Berhad Q2 2024 results
Nestlé (Malaysia) Berhad Q2 2024 results
Slide 2: Solid absolute results, even if compared vs. historically high results in H1 2023
Solid absolute results, even if compared vs. historically high results in H1 2023 Turnover (Amounts in RM Mio) 3,593 3,333 3,306 2,739 2,788 2,829 2,654 H1 2018 H1 2019 H1 2020 H1 2021 H1 2022 H1 2023 H1 2024
Slide 3: Strong activities through Raya amidst subdued consumer spending
Strong activities through Raya amidst subdued consumer spending
Slide 4: Corporate campaign - Salary for Life
Corporate campaign - Salary for Life
Slide 5: Healthier Choice
™\ Healthier Choice } Approved by ‘MOH Crafted with naturally sourced peopl et — . ingredients aste ‘at conten a ti TNO Pey pe SS
Slide 6: New Product Development & Innovation
New Product Development & Innovation
Slide 7: We continue to mobilise to support communities in need
We continue to mobilise to support communities in need N4HK Outreach to Deaf Disabilities Children Support 2’600 underprivileged students nationwide Nestle cares Ramadan charity drive Partners with EPIC Homes to Uplift the Orang Asli Communities
Slide 8: Sustainability Efforts Continue Full Steam Ahead
Sustainability Efforts Continue Full Steam Ahead Project RELeaf Reforestation Efforts Biomass Boiler In Chembong Complex: planted 2 mio Trees Reduce GHG emission 13,000t CO2 per annum
Slide 9: MILO starts operating EV trucks, pioneering Green Logistics
MILO starts operating EV trucks, pioneering Green Logistics
Slide 10: Topline reflects constrained purchasing power and subdued consumer sentiments
Topline reflects constrained purchasing power and subdued consumer sentiments 1,751 -13% 1,523 324 +0.4% 325 Turnover (Amounts in RM Mio) 1,427 -16% 1,198 Q2 2023 Q2 2024 Domestic Export
Slide 11: H1 Gross Profit Margin remains solid in absolute
H1 Gross Profit Margin remains solid in absolute 31.4% 31.4% 32.3% 29.1% Axis Title 1,129 1,039 565 444 H1 Q2 Amounts in RM Mio 2023 2024
Slide 12: Lower but still solid profitability for Q2 due to short term deleverage
Lower but still solid profitability for Q2 due to short term deleverage Profit Before Tax (PBT) Profit After Tax (PAT) 14.0% 13.7% 10.5% 10.3% 11.6% 8.7% Axis Title Axis Title 8.3% 6.2% 502 240 378 181 385 289 126 94 H1 Q2 H1 Q2 Amounts in RM Mio 2023 2024
Slide 13: Cash flow is impacted mainly due to correction in topline
Cash flow is impacted mainly due to correction in topline Amounts in RM mio H1 2024 H1 2023 PBT adjusted for depreciation & interest 531 643 → (Increase)/Decrease in working capital -225 89 → Income tax & others -124 -110 Net Cash from Operating Activities 181 622 → Capital investment -125 -90 → Acq
Slide 14: Summary Key Takeaways
Summary Key Takeaways ➢ 2024: Some rebasing after record sales growth in 2023 ➢ Focus on sustaining competitive advantage for the long run : quality, innovation & “Value for Money” ➢ Challenging comparatives to continue in H2 with confident return to growth latest by H1 2025
Slide 15: Thank You
G R kow TRONGER TOGETH JOM JUARA, MENANG BERSAMA Thank You
Nestlé (Malaysia) Berhad — Q2 2024 Earnings Presentation on 6ix