Pt Semen Indonesia (persero) Tbk · IDX:SMGR
Pt Semen Indonesia (persero) Tbk — Q1 2022 Earnings Presentation
19 slides from Pt Semen Indonesia (persero) Tbk's earnings presentation, May 30, 2022
Slide 1: Analyst Meeting - Q1 2022 Result (Audited)
Analyst Meeting - Q1 2022 Result (Audited) 30 May 2022
Slide 2: Key Highlights: Resilience throughout hypercompetition and fuel cost volatility
KEY HIGHLIGHTS Resilience throughout hypercompetition and fuel cost volatility resulting in a better performance ▲0.7% ▲7.0% Revenue growth YoY ▲1.6% Sales Volume Revenue/ton growth YoY (million tons) Revenue/ton Revenue growth Revenue Domestic sales volume YoY 7,3 7,4 (thousand IDR) (billion IDR) Q
Slide 3: Q1 2022 Performance
Q1 2022 PERFORMANCE
Slide 4: Financial Performance: Improved profitability from better pricing and manageable cost
FINANCIAL PERFORMANCE Improved profitability from better pricing and manageable cost Net Profit Bridge* (IDR billion) ▲IDR49 bio Or ▲10.7% YoY Q1-21 Net Profit Volume Price COGS Operating exp. Other Q1-22 Net Profit IDR60 bio IDR181 bio IDR74 bio IDR96 bio Revenue growth Manageable Lower operating I
Slide 5: Improved Revenue: 0.7% revenue growth from higher domestic sales volume and ASP
IMPROVED REVENUE 0.7% revenue growth from higher domestic sales volume and ASP Bag & Bulk Java and Outer Java Regional Sales Domestic Sales Volume Domestic Sales Volume Volume (thousand tons) (thousand tons) (thousand tons) ▲ 1.6% -0.2% 2.0% 29.0% Domestic sales 1.5% volume growth 3.881 3.960 2,367
Slide 6: Manageable Cost
MANAGEABLE COST Strong cost management resulting improved profitability ~96% Non fuel & energy Operating Expense Finance Cost YoY growth (billion IDR) (billion IDR) Indonesian COGS in Q1-22 (thousand IDR/Ton) Coal Index 4 1,303 (USD/Ton) 395 ▲3.2% 1,228 444 382 140 327 cost of revenue 120 increase m
Slide 7: Improved Profitability: Outperforming industry peers
IMPROVED PROFITABILITY Outperforming industry peers Through the Revenue/ton Growth COGS/ton Growth Fuel & energy cost/ton Growth higher revenue per ton growth and lower COGS per ton hike due 6,9% 7,0% 14,5% 55,2% to lower fuel & 9,6% 35,9% energy cost increase Peers SIG Peers SIG Peers SIG EBITDA Gr
Slide 8: Strategy & Action Plan
STRATEGY & ACTION PLAN
Slide 9: Strategy Highlight: SIG Strategy Themes
STRATEGY HIGHLIGHT SIG Strategy Themes 1 2 3 4 Domestic Market Moving closer to Operational Driving Leadership customers with Excellence & Sustainable solutions & Value Chain Growth products Digitalization Dynamic pricing with Added value product Plant optimizer rollout Commitment to promote
Slide 10: Domestic Market Leadership: Strengthen market leadership with multi-brand dancing
DOMESTIC MARKET LEADERSHIP Strengthen market leadership with multi-brand dancing Retail Market: Dynamic Pricing & Brand Mix for Region Competition Landscape Bulk Market: Domination of National Strategic Projects Key enablers (NSP) ✓ 5 Strong Brands ✓ Big Data A leader for every region Advanced prici
Slide 11: Moving Closer to Customers with Solutions & Products
MOVING CLOSER TO CUSTOMERS WITH SOLUTIONS & PRODUCTS Create more value through new products and/or new market through product & solution development and diversification 12.75 million units Dynahome Value proposition National housing backlog per 2022 Economic quality Quality (% per decile of househol
Slide 12: Operational Excellence & Value Chain Digitalization
OPERATIONAL EXCELLENCE & VALUE CHAIN DIGITALIZATION Improve operational excellence with digitalization & industry best practices to achieve end to end value chain optimization Action Plans Plant Optimizer rollout to ~2% ~2% support production cost & Est. Specific Electrical Energy Est. Specific Ther
Slide 13: Commitment towards decarbonization - Scope 1
DRIVING SUSTAINABLE GROWTH Commitment towards decarbonization - Scope 1 CO2 Emission Intensity Increase Alternative Fuel & Raw Scope 1 – From Internal Process ▲ 17% Material (AFR) Use (KgCO2/Ton cement eq.) Absolute increase in TSR AFR pre-processing & feeding facility 2019-2030 Target improvement
Slide 14: Commitment towards decarbonization – Scope 2
DRIVING SUSTAINABLE GROWTH Commitment towards decarbonization – Scope 2 CO2 Emission Intensity Scope 2 – From Indirect Use of Electricity ▼ 19.8% (KgCO2/Ton cement eq.) Relative reduction in SEEC 2021-2030 Target SEEC Optimization Digitalization & automation of Specific Electrical Energy productio
Slide 15: 1st Quarter 2022 Decarbonization Achievement
SUSTAINABILITY PERFORMANCE 1st Quarter 2022 Decarbonization Achievement Emission Intensity scope 1 Average Clinker Factor (Specific Net - kg CO2/ton cement eq) 72% 708 70,3% 69,3% ▼ 1.0% 608 66% 593 Decrease in Q122 YoY contributed by more substitution of CO2 557 61% intensive clinker in cement with
Slide 16: 2022 Performance Guidance
2022 PERFORMANCE GUIDANCE
Slide 17: Performance Guidance: Focus on improving profitability
PERFORMANCE GUIDANCE Focus on improving profitability Domestic cement sales volume EBITDA Align with national demand growth Increase from 2021 Revenue Indicators EBITDA margin Increase compared to 2021 22%-23% & Guidances Interest bearing debt repayment Capital expenditure IDR3,406 billion based on
Slide 18: Important Notice
IMPORTANT NOTICE THIS PRESENTATION IS NOT AND DOES NOT CONSTITUTE OR FORM PART OF, AND IS NOT MADE IN CONNECTION WITH, ANY OFFER FOR SALE OR SUBSCRIPTION OF OR SOLICITATION, RECOMMENDATION OR INVITATION OF ANY OFFER TO BUY OR SUBSCRIBE FOR ANY SECURITIES NOR SHALL IT OR ANY PART OF IT FORM THE BASIS
Slide 19: Thank You
Thank You @semenindonesia Semen Indonesia Semen Indonesia @semenku PT Semen Indonesia (Persero) Tbk. South Quarter, Tower A, Floor 19-20 Jl. RA. Kartini Kav. 8, Jakarta Selatan 12430, Indonesia
PT Semen Indonesia (Persero) — Q1 2022 Earnings Presentation on 6ix