Vinda International Holdings Ltd

Vinda International — Q1 2019 Earnings Presentation

10 slides from Vinda International's earnings presentation, April 2019

  1. Slide 1: Vinda International Holdings Limited 2019Q1 Results

    Vinda International Holdings Limited (Incorporated in the Cayman Islands with limited liability) (Stock code: 3331) 2019Q1 Results Investor Presentation

  2. Slide 2: Financial Highlights

    Financial Highlights (HK$M) 2019Q1 2018Q1 YOY Revenue 4,079 3,781 +7.9% Growth at constant exchange rate +13.4% +11.7% Gross profit 1,074 1,077 -0.3% Gross margin 26.3% 28.5% -2.2ppts Operating profit 340 331 +2.7% Operating margin 8.3% 8.8% -0.5ppt EBITDA 614 570 +7.7% EBITDA margin 15.0% 15.1% -0.

  3. Slide 3: Revenue

    Revenue Revenue (HK$M) & Reported Growth (%) Revenue Mix (%) YoY reported growth Tissue Personal Care +7.9% 19% 17% 3,781 4,079 2018Q1 2019Q1 2018Q1 2019Q1 81% 83% Quarterly Revenue (HK$M) & Organic Growth (%) YoY growth at constant exchange rate +7.8% +11.5% +13.4% +11.7% +4.7% +3.0% • Highest orga

  4. Slide 4: Gross Profit

    Gross Profit Market List Price Gross Profit (HK$M) Aug- Nov 17 avg v.s. Aug-Nov 18 avg RMB/ton* Long fiber: +19.5% Short fiber: +18.4% 6800 - 0.3% 6200 5600 5000 1,077 1,074 4400 3800 2018Q1 2019Q1 3200 Jun-17 Nov-17 Dec-17 Jun-18 Nov-18 Dec-18 Feb-19 Jul-17 Jul-18 Feb-17 Sep-17 Oct-17 Feb-18 Sep-18

  5. Slide 5: Operating Profit

    Operating Profit Operating Profit (HK$M) +2.7% Thanks to continuous cost saving 340 mechanism, both selling & marketing and administrative cost 331 • declined in absolute terms 2018Q1 2019Q1 • declined in relative terms Operating Profit Margin (%) 6.9% 8.3% 8.8% 8.8% 6.1% 3.7% 2018 2018Q1 2018Q2 201

  6. Slide 6: EBITDA

    EBITDA EBITDA (HK$M) +7.7% 570 614 2018Q1 2019Q1 EBITDA Margin (%)) 13.2% 15.0% 15.1% 15.4% 11.9% 10.3% 2018 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 6

  7. Slide 7: Revenue by Channel

    Revenue by Channel 21% 25% 34% 38% 1Q2019 1Q2018 Revenue Revenue 26% 27% 15% 14% ⚫ Traditional channels (i.e. Distributors) ⚫ B2B (i.e. Corporate clients) ⚫ Key accounts (i.e. Hypermarkets, Supermarkets) ⚫ E-Commerce 7

  8. Slide 8: Appendix

    Appendix 8

  9. Slide 9: Disclaimer

    Disclaimer Information contained in our presentation is intended solely for your personal reference and is strictly confidential. Such information is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the company and/or its bus

  10. Slide 10: Thank You

    Vinda Thank You Healthy Lifestyle \ Stores with Vind

Vinda International Holdings — Q1 2019 Earnings Presentation on 6ix