Carlsberg Brewery Malaysia Bhd. · MYX:CARLSBG
Carlsberg Brewery Malaysia Bhd — H1 2024 Earnings Presentation
16 slides from Carlsberg Brewery Malaysia Bhd's earnings presentation, Aug 19, 2024
Slide 1: Financial Results Q2/1HFY24
FINANCIAL RESULTS Q2/1HFY24 Analyst & Press Briefing Monday, 19 August 2024
Slide 2: Q2FY24 and 1HFY24: Revenue +5.7%, Net Profit -3.4%
Q2FY24 vs. Q2FY23 & 1HFY24: Revenue +5.7%, Net Profit -3.4% 1HFY24 vs 1HFY23 Q2FY24 1HFY24 Q2FY24: Results (RM million) (RM million) Flat revenue resulting in lower earnings due weaker sales Y-O-Y Y-O-Y in Q2FY24, following the higher sales in Q1FY24 ahead of Revenue 507.5 1,233.2 the price hike in
Slide 3: Higher Revenue due to Longer Selling Period Before CNY
1HFY24 vs. 1HFY23 Higher Revenue due to Longer Selling Period Before CNY Malaysia – Revenue +7.6 % Singapore – Revenue +0.6 % Sri Lanka – Higher share of profit of RM15.8 million in 1HFY24 due to improved RM905.2mil RM328.0mil business performance and strengthening of the Sri Lankan Rupee -21.8 % Pr
Slide 4: Longer Selling Period before CNY
1HFY24 vs. 1HFY23 Longer Selling Period before CNY +7% in MAINSTREAM sales -13% in PREMIUM sales • Longer selling period before Chinese New Year (CNY), which offsets the impact of discontinuation of the Asahi brand in Singapore • Continue to invest in consumer-facing campaigns to regain and drive gr
Slide 5: Introduce SBY 0.0 in SG & New Variant Launch
1HFY24 vs. 1HFY23 Introduce SBY 0.0 in SG & New Variant Launch in conjunction with 2024 CNY +29% in ALCOHOL-FREE BREW sales • CNY limited edition Somersby Mandarin Orange 0.0 drove higher sales in Q1FY24 and helped lift full year volume. • In SG, Somersby Apple 0.0 was launched in December. • In our
Slide 6: 2nd Interim Dividend of 20 sen Declared
2nd Interim Dividend of 20 sen Declared Q2FY24 Q2FY23 1HFY24 1HFY23 EARNINGS PER SHARE 25.97 sen 28.86 sen 54.73 sen 56.67 sen DIVIDEND PER SHARE 20.00 sen* 22.00 sen 42.00 sen 43.00 sen PAYOUT RATIO 77.0% 76.2% 76.7% 75.9% * Equivalent to a total payout of RM61.1 million 6
Slide 7: 1HFY24: Strategy Review
SAIL @ | WHY | @ HOW OUR PURPOSE OUR AMBITION OUR PRIORITIES IHF Y24: Strategy Review ACCELERATE it Strengthen Accelerate Perrin TFOEIG sn mainstream Alcohol-Free Brews core beer and grow Beyond Beer OUR EXECUTION Excel at po’ Master digital, Manage supply EXCELLENCE of purchas: data and processes c
Slide 8: Celebrating this New Year with Beers We Love
JAN – JULY 2024 Celebrating this New Year with Beers We Love Boosting Brand Equity and Creating Memorable Consumer Moments Dec-Feb’24 Dec-Feb’24 Dec-Feb’24 Jan’24 Brewing Prosperity Begin the Year With Our Together WEL-KAM Prosperity Celebrating CNY With Locally-brewed Japanese with Somersby the Lim
Slide 9: Get Ready To Experience Only The BEST
JAN – JULY 2024 Get Ready To Experience Only The BEST Boosting Brand Equity and Creating Memorable Consumer Moments Feb-Apr Mar Mar-Dec Apr & June ShamROCK Your St The Greatest Raikan Kebanggaan Discover Our New Patrick’s Day with Sneaker Show on Sabah & Sarawak French Premium Lager Connor’s Earth 1
Slide 10: Creating Football Moments #BestWithCarlsberg
APRIL – JULY 2024 Creating Football Moments #BestWithCarlsberg Boosting Brand Equity and Creating Memorable Consumer Moments June June July July #BestWithCarlsberg #BestFashionCollaboration? #BestWithCarlsberg Lucky winner to score Meet & Greet Probably! Staycation an all-expense-paid with Football
Slide 11: Elevating Your Experience With Our Premium Brews
JULY 2024 Elevating Your Experience With Our Premium Brews Boosting Brand Equity and Creating Memorable Consumer Moments July July - Aug Unveiling the first in Asia – Limited-Edition Somersby Pineapple & Lime Be the Makers of Good Times 11
Slide 12: 1HFY24: Improved Gender Diversity in Both Countries
1HFY24 1HFY24: Improved Gender Diversity in Both Countries Malaysia Singapore Female Ratio 33% Female Ratio 32% (+1%pts vs FY23) (-2%pts vs FY23) 6% At Carlsberg Malaysia Group, FEMALE makes up: 20% 67% 29% Breakdown by Ethnicity of Management Team of Board of Directors 74% (Unchanged against FY23)
Slide 13: On track to meet ESG targets
1HFY24 On track to meet ESG targets 2.6kgCO e/hl 90% 2 2.8hl/hl 0 424 Reduction in Bottles collected and Water usage Drink driving Days of ZERO Lost- total brewery emissions recycled per hl of beer Incidents Time Accidents (2.8 kgCO²e/hl in FY23) (94% in FY23) (3.3 hl/hl in FY23) (0 in FY23) (Last r
Slide 14: NEW Canning Line & Beer Filtration Plant Upgrade Is Well ON TRACK
1HFY24 NEW Canning Line & Beer Filtration Plant Upgrade Is Well ON TRACK RM92mil CapEX was allocated for a NEW Canning line and Beer filtration plant upgrade for higher production flexibility and lower energy and water consumption CANNING LINE This brings a cumulative additional investment of RM200m
Slide 15: 2024 Outlook
2024 Outlook ➢ The Group remains mindful of the uncertain global economic outlook due to: o Ongoing inflationary pressures; o High interest rates; and o Currency fluctuations ➢ However, timing of seasonal celebrations, including an earlier CNY celebration, is expected to contribute to an increase in
Slide 16: Thank You
THANK YOU 1 6
Carlsberg Brewery Malaysia — H1 2024 Earnings Presentation on 6ix