Pt Unilever Indonesia Tbk · IDX:UNVR
Pt Unilever Indonesia Tbk — H1 2024 Earnings Presentation
21 slides from Pt Unilever Indonesia Tbk's earnings presentation, Jul 24, 2024
Slide 1: PT Unilever Indonesia Tbk H1 2024 Earnings Call
PT Unilever Indonesia Tbk H1 2024 Earnings Call July 24th, 2024
Slide 2: Safe Harbour Statement
Unilever Safe Indonesia Harbour H1 2024 Results Statement This Release / Communication, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, g
Slide 3: Earnings Call H1 2024 - Benjie Yap, CEO
PT Unilever Indonesia Tbk Earnings Call H1 2024 Benjie Yap Chief Executive Officer
Slide 4: H1 2024 Key Highlights
Unilever Indonesia H1 2024 Results 1 Sales growth impacted by volatile geopolitical situation and the need for operational improvements. 2 Market share rebuilding from December 2023 low. 3 Resilient Gross Margins despite negative mid-single digit price declines. 4 Long term investment behind our bra
Slide 5: External environment impacting Q2 2024 results
Unilever Indonesia H1 2024 Results External environment impacting Q2 2024 results Volatile geopolitical situation Softening demand
Slide 6: Sales and Net Profit H1 and Q2 2024
Unilever Indonesia H1 2024 Results Sales H1 2024 Net Profit H1 2024 IDR 19.0 T IDR 2.5 T (-6.2% YoY) Domestic: -5.7% (-10.6% YoY) UPG -5.0% | UVG -0.7% Export: -19.2% Sales Q2 2024 Net Profit Q2 2024 IDR 9.0 T IDR 1.0 T (-7.5% YoY) Domestic: -6.9% (-24.8% YoY) UPG -5.2% | UVG -1.8% Higher spending i
Slide 7: Market Share: rebuild from Dec 2023 low
Unilever Indonesia H1 2024 Results Market Share: rebuild from Dec 2023 low 38.5% 34.8% 35.4% 33.9% 31.7% 29.1% 28.2% 27.2% Value Volume * Nutrition include Juice and Tea (within Tea Bag market only) ** Ice Cream in MT only
Slide 8: Continuous actions to earn back trust from consumers, customers and society
Unilever Indonesia H1 2024 Results Continuous actions to earn back the trust from consumer, customer and society Empowering More Than 700,000 Santri and Female Students Royco collaboration with Lazisnu and BKKBN Through #AksiCantik
Slide 9: Growth Action Plan: 2024 Strategic Thrusts
Unilever Indonesia Strategy GROWTH ACTION PLAN: 2024 STRATEGIC THRUSTS Get more from the core Be market makers Step up our impact Unmissable brand superiority Market development Deliver our big 4 sustainable priorities Breakthrough Drive premiumization multi-years innovations Build back Gross Margin
Slide 10: Get more from the core: brand superiority and breakthrough innovation
Unilever Indonesia H1 2024 Results Get more from the core: Unmissable brand superiority and breakthrough innovation
Slide 11: Be market makers: Riding the trend and relevant culture
Unilever Indonesia H1 2024 Results Be market makers: Riding the trend & tapping into relevant culture FIFA World Cup 2026 #GlowForIt Campaign with K-Pop Idol Bango riding Eid Adha festive moment
Slide 12: Be market makers: Play full portfolio with relevant innovation
Unilever Indonesia H1 2024 Results Be market makers: Play full portfolio with launch of relevant innovation REACHING UP REACHING DOWN
Slide 13: Execute brilliantly in market: better stores and better service
Unilever Indonesia H1 2024 Results Execute brilliantly in market: Driving growth through better stores and better service BETTER STORES Digitalization and Operational Improvement Demand Demand E-Payment Customer Data & Demand Capture Generation Fulfilment & Credit Service Analytics Develop stores fo
Slide 14: Earnings Call H1 2024 - Vivek Agarwal, CFO
PT Unilever Indonesia Tbk Earnings Call H1 2024 Vivek Agarwal Chief Finance Officer
Slide 15: Resilient Gross Margin supported by commodity deflation and savings
Unilever Indonesia H1 2024 Results Resilient Gross Margin supported by commodity deflation and saving initiatives Underlying Price Growth (UPG) 49.9% 49.7% 12.3% 49.5% 10.5% 48.4% 48.2% 44.1% -0.4% -0.6% -1.6% -5.0% H2 21 H1 22 H2 22 H1 23 H2 23 H1 24 Strong saving initiatives driving margin improve
Slide 16: Increased level of investment behind our brands
Unilever Indonesia H1 2024 Results Increased level of investment behind our brands Advertising +13% as % of Net Sales in spend 9.3% 9.1% 7.4% 7.4% 7.6% 5.4% H2 21 H1 22 H2 22 H1 23 H2 23 H1 24
Slide 17: 2024 Domestic Sales Growth by Division
Unilever Indonesia H1 2024 Results 2024 Domestic Sales Growth by Division Home and Personal Care Foods and Refreshment H1 -7.4% | Q2 -9.2% H1 -2.5% | Q2 -2.3%
Slide 18: Highlights: Beauty and Personal Care; Home Care
Unilever Indonesia H1 2024 Results Highlights: Beauty and Personal Care • Maintained leadership in all categories. • B&W and PC Market Share Rebuilding in May’24 vs exit Dec’23 in both value and volume. • Dove launched First Deodorant Serum powered by skincare ingredients in Q2’24. • Pepsodent award
Slide 19: Food and Refreshment Highlights
Unilever Indonesia H1 2024 Results Food and Refreshment Highlights • Maintained leadership in all categories. • Value market share rebuilding in May’24 vs exit Dec’23. • Increase Penetration through launch of Royco Oyster Sauce in sachet at IDR 2k. • Royco awarded as Top 4 Indonesian Brand by Kantar
Slide 20: H2 2024 View
Unilever Indonesia 2024 H2 2024 View 1. Focus areas remain: • Driving competitive volume growth • Improving gross margins • Maintaining price competitiveness • Investing behind our brands, portfolios, and strategic priorities 2. Expect price growth to remain negative if commodity prices remain where
Slide 21: Q&A Session
Q&A Session Benjie Yap (CEO) Vivek Agarwal (CFO)
PT Unilever Indonesia — H1 2024 Earnings Presentation on 6ix