Mitchell'S Fruit Farms Limited · PSX:MFFL
Mitchell'S Fruit Farms — Investor Presentation (March 2020)
15 slides from Mitchell'S Fruit Farms's investor presentation, Mar 5, 2020
Slide 1: Corporate Briefing Session Year 2018-19
1 CORPORATE BRIEFING SESSION Year 2018-19 Thursday, March 05, 2020
Slide 2: Index
2 Index • Mitchell’s History • Core Business Activities • Key Certifications • Five years Performance Review • Five years Financial Position- Balance Sheet • Graphical Financial Analysis: Revenues, Profit or Loss from Operation & Profit or Loss after tax • Performance Comparison – 2019 Vs 2018 • Upd
Slide 3: Overview - History
3 Overview HISTORY • Established in 1933; Mitchell’s is the oldest food company in Pakistan. Its foundation was laid by Francis J. Mitchell under the name of Indian Mildura Fruit Farms Ltd. • After independence in 1947 the company's name was changed to "Mitchell’s Fruit Farms Ltd. • The present mana
Slide 4: Overview - History
4 Overview HISTORY • The company achieved another major milestone and went public in 1993. • In 1998; Mitchell’s took the pride of becoming the first food company in Pakistan to get the ISO 9001 accreditation. • The Moulded chocolate line was installed in the year of 2001 and the Countline plant was
Slide 5: Core Business Activities
Core Business Activities Squashes - 1933 Preserves - 1951 Ketchup & Sauces – 1953 Ready - to - Cook Ready - to - Eat Sugar Conf. 1980 Count lines - 1983 Moulded Chocolate- 1998 Pickles & Chutneys - 1979
Slide 6: Key Certifications
6 Key Certifications ISO 9001-2015 Halal Certification-IFANCA PSQCA PFA FDA Certification for Products to US FSSC 22000
Slide 7: Five years Performance Review- Profit or Loss Statement
7 Five years Performance Review- Profit or Loss Statement 2019 2018 2017 2016 2015 Rupees in thousands Net Sales 1,987,552 1,628,007 1,894,406 1,679,461 1,696,332 Cost of Sales (1,553,139) (1,375,119) (1,445,303) (1,286,380) (1,292,628) Gross Profit 434,413 252,888 449,103 393,082 403,704 Selling an
Slide 8: Five Years Financial Position- Balance Sheet
8 Five Years Financial Position- Balance Sheet 2019 2018 2017 2016 2015 Rupees in thousands Non-current Assets 638,792 696,294 703,414 681,248 709,345 Current Assets 704,702 797,015 861,160 733,752 658,671 Total Assets 1,343,494 1,493,309 1,564,574 1,415,000 1,368,016 Equity 126,445 209,300 501,489
Slide 9: Graphical Financial Analysis
9 Graphical Financial Analysis 2,500.00 Revenue [ Rupees in million] 1,987.55 2,000.00 1,894.41 1,696.33 1,679.46 1,628.01 1,500.00 1,000.00 500.00 - Year 2015 Year 2016 Year 2017 Year 2018 Year 2019
Slide 10: Graphical Financial Analysis
10 Graphical Financial Analysis Profit or Loss from Operation [Rupees in million] 100.00 74.34 45.01 50.00 31.08 26.78 - Year 2015 Year 2016 Year 2017 Year 2018 Year 2019 (50.00) (100.00) (150.00) (200.00) (250.00) (268.17) (300.00)
Slide 11: Graphical Financial Performance
11 Graphical Financial Performance 27.07 Loss after tax [Rupees in million] 50.00 - Year 2015 Year 2016 Year 2017 Year 2018 Year 2019 (50.00) (12.11) (30.88) (100.00) (80.01) (150.00) (200.00) (250.00) (300.00) (292.62) (350.00)
Slide 12: Performance Comparison- Profit or Loss- 2019 Vs 2018
12 Performance Comparison- Profit or Loss- 2019 Vs 2018 2019 2018 Diff + / <-> Rupees Rupees Rupees % Net Sales 1,987,552,095 100.0% 1,628,007,964 100.0% 359,544,131 22.1% Cost of sales (1,553,138,999) -78.1% (1,375,118,880) -84.5% (178,020,119) -12.9% Gross profit 434,413,096 21.9% 252,889,084 15.5
Slide 13: Update on New Investment Preposition- Project Magnus
13 Update on New Investment Preposition- Project Magnus ACTIVITY DATE Engagement of Financial advisor JAN- 2019 Rollout of Investment Teaser Interested parties APR- 2019 Initial list of interested parties MAY- 2019 Receipt of Non Binding offers (NBOs) JULY- 2019 Detailed Due Diligence & Su
Slide 14: Question & Answer Session
QUESTION & ANSWER SESSION MITCHELLS.
Slide 15: Thank You
Thank You MITCHELLS.
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