San Miguel Corporation · PSE:SMC
San Miguel — 9M 2022 Earnings Presentation
14 slides from San Miguel's earnings presentation, Nov 14, 2022
Slide 1: Analysts' Briefing 2022 September-YTD Results
SAN MIGUEL SAN MIGUEL PETRON CORPORATION Analysts' Briefing 2022 SEPTEMBER-YTD RESULTS NOVEMBER 14, 2022
Slide 2: San Miguel Corporation September-YTD 2022
San Miguel Corporation September-YTD 2022 (IN MILLION 9M2022 9M2021 CHANGE% PESOS) NET SALES 1,112,522 650,573 71% INCOME FROM 108,526 87,739 24% OPERATIONS NET INCOME 12,945 34,152 -62% NET INCOME excluding Forex 43,464 34,390 26% and CREATE Law EBITDA 126,351 118,125 7%
Slide 3: San Miguel Corporation September-YTD 2022 Highlights
San Miguel Corporation September-YTD 2022 ➢ Eagle Cement Corporation Acquisition ➢ San Miguel Corporation’s Offering of Fixed-Rate Peso-Denominated Bonds of up to Php60 billion ➢ SMC Global Power Holdings Corp.’s Tender Offer of USD-Denominated Senior Perpetual Capital Securities
Slide 4: San Miguel Food and Beverage, Inc.
San Miguel Food and Beverage, Inc. September-YTD 2022 (IN MILLION PESOS) 9M2022 9M2021 CHANGE% NET SALES 261,540 221,746 18% INCOME FROM 37,571 32,806 15% OPERATIONS NET INCOME 26,347 24,184 9%
Slide 5: San Miguel Brewery Inc.
San Miguel Brewery Inc. (a Division of San Miguel Food and Beverage, Inc.) September-YTD 2022 (IN MILLION PESOS) 9M2022 9M2021 CHANGE% NET SALES 98,992 82,082 21% INCOME FROM 22,226 18,182 22% OPERATIONS NET INCOME 16,161 14,049 15%
Slide 6: Ginebra San Miguel Inc.
Ginebra San Miguel Inc. (a Division of San Miguel Food and Beverage, Inc.) September-YTD 2022 (IN MILLION PESOS) 9M2022 9M2021 CHANGE% NET SALES 34,534 30,720 12% INCOME FROM 4,580 4,078 12% OPERATIONS NET INCOME 3,385 3,170 7%
Slide 7: San Miguel Foods
San Miguel Foods (a Division of San Miguel Food and Beverage, Inc.) September-YTD 2022 (IN MILLION PESOS) 9M2022 9M2021 CHANGE% NET SALES 128,019 108,950 18% INCOME FROM 10,812 10,552 3% OPERATIONS NET INCOME 7,439 7,573 -2%
Slide 8: San Miguel Foods September-YTD 2022
San Miguel Foods (a Division of San Miguel Food and Beverage, Inc.) September-YTD 2022 ANIMAL NUTRITION AND HEALTH1 PROTEIN2 FLOUR MILLING PREPARED AND PACKAGED FOOD Dairy, Spreads and Coffee Refrigerated & Canned Meats, Plant-Based Food 1 Feeds and veterinary medicine 2 Poultry and fresh meats
Slide 9: San Miguel Packaging Group
San Miguel Packaging Group September-YTD 2022 (IN MILLION PESOS) 9M2022 9M2021 CHANGE% NET SALES 25,262 22,510 12% INCOME FROM 1,334 832 60% OPERATIONS
Slide 10: SMC Global Power Holdings Corp.
SMC Global Power Holdings Corp. September-YTD 2022 (IN MILLION PESOS) 9M2022 9M2021 CHANGE% NET SALES 166,147 93,867 77% INCOME FROM 20,524 28,401 -28% OPERATIONS NET INCOME (2,635) 13,694 -119%
Slide 11: Petron Corp.
Petron Corp. September-YTD 2022 (IN MILLION PESOS) 9M2022 9M2021 CHANGE% NET SALES 631,138 291,573 116% INCOME FROM 16,498 13,411 23% OPERATIONS NET INCOME 8,179 4,985 64%
Slide 12: SMC Infrastructure
SMC Infrastructure September-YTD 2022 (IN MILLION PESOS) 9M2022 9M2021 CHANGE% NET SALES 20,871 13,273 57% INCOME FROM 10,094 4,317 134% OPERATIONS
Slide 13: SMC Financial Position
SMC Financial Position September-YTD 2022 (In Bil Php) As of September 2022 As of December 2021 Total Assets 2,309 2,052 Cash 326 300 Interest-bearing debt 1,252 1,005 3.39x 3.16x 2.45x 2.01x 1.87x 1.47x 1.36x 1.24x 1.24x 0.90x Current Ratio Total Liabilities to Equity Interest-bearing Debt to EBITD
Slide 14: Thank you!
Thank you! SMCInvestorRelations@sanmiguel.com.ph w w w. s a n m i g u e l . c o m . p h w w w. s a n m i g u e l b r e w e r y. c o m . p h w w w. g i n e b r a s a n m i g u e l . c o m . p h w w w. s m f b . c o m . p h w w w. p e t r o n . c o m w w w. s m c g l o b a l p o w e r. c o m . p h