Carlsberg Brewery Malaysia Bhd. · MYX:CARLSBG
Carlsberg Brewery Malaysia Bhd — Q2 2017 Earnings Presentation
10 slides from Carlsberg Brewery Malaysia Bhd's earnings presentation, Aug 17, 2017
Slide 1: Q2 Financial Results Press & Analyst Briefing
1 Q2 FINANCIAL RESULTS PRESS & ANALYST BRIEFING Lars Lehmann Managing Director 17 August 2017
Slide 2: Strong Q2 results with revenue up 4.1%; Net Profit up 18.6%
Strong Q2 results with revenue up 4.1%; Net Profit up 18.6% 1HFY17 growth in revenue of 7.4% and growth in net profit of 12.2% Trade loading One-off trade 6.8% Effective prior to price discounts organic implementation adjustment in MY adjustment in SG revenue of SAIL’22 in July 2016 in June 2017 gro
Slide 3: Our Strategy – SAIL'22
Our Strategy – SAIL’22 • It consists of three levers: • Strengthen the Core • Position For Growth • Deliver Value For Shareholders • Further cascaded down into seven strategic priorities • Supported by two enablers: • Create a Winning Culture • Defend our License to Operate 3
Slide 4: Solid Growth Momentum in Q2 & 1H'17
Solid Growth Momentum in Q2 & 1H’17 Highlights Q2 2017 vs 2016 • In Q2, reported revenue up 4.1% to RM412.1 million; If adjusted for the impact of trade loading in MY and Reported Organic* trade discounts adjustment in SG of RM7.2 million, organic revenue grew by 6.8%. Revenue 4.1% 6.8% • For 1HY17,
Slide 5: Strong Balance Sheet & Cash Generation
Strong Balance Sheet & Cash Generation Balance Sheet & Cash Flow Highlights RM’000 RM’000 • Lower inventories and receivables Balance Sheet: 30 June ’17 31 Dec’16 contributed to lower total assets. Cash and Cash Equivalents 40,776 36,270 • Higher bank borrowings led to higher total Total Assets 595,
Slide 6: Organic growth in mainstream
Organic growth in mainstream • Organic volume grew 6% in 1H’17 vs 1H’16 in both Malaysian and Singapore markets, if adjusted for the trade loading in MY in June 2016. • Flagship brand Carlsberg Green Label and new product innovation Carlsberg Smooth Draught gained growth momentum through successful
Slide 7: 22% growth in Premium brands
22% growth in Premium brands 7
Slide 8: Business Priorities for 2H'17
Business Priorities for 2H’17 8
Slide 9: Outlook for 2H'17
Outlook for 2H’17 Continued growth of Carlsberg Smooth Draught and premium brands. Funding the Journey programme to deliver efficiencies for re-reinvestment into our brands. Subdued consumer sentiment and challenging macroeconomics in both Malaysia & Singapore. Change of Legal Purchasing Age (LPA) t
Slide 10: Thank You
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