Slide 1: SEC Form 17-C Current Report
C05464-2018 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Aug 9, 2018 2. SEC Identification Number 31171 3. BIR Tax Identification No. 000-168-801
Slide 2: PSE Disclosure Form 4-30 Material Information
11. Indicate the item numbers reported herein Item 9 The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing
Slide 3: Letter to Philippine Stock Exchange
August 9, 2018 PHILIPPINE STOCK EXCHANGE, INC. Disclosure Department 3rd Floor, Philippine Stock Exchange Center Ayala Triangle, Ayala Avenue Makati City Attention: Ms. Janet A. Encarnacion Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 37th Floor, Tower 1, The Enterprise Center 676
Slide 4: Investors' Briefing 2018 First Semester Results
INVESTORS’ BRIEFING 2018 FIRST SEMESTER RESULTS August 09, 2018
Slide 5: San Miguel Corporation
SAN MIGUEL CORPORATION FIRST SEMESTER 2018 IN MILLION PESOS 1H2018 1H2017 CHANGE Net Sales 499,000 393,405 27% Income from Operations 67,006 53,443 25% Net Income 27,585 26,093 6% Recurring Net Income 35,536 27,603 29% EBITDA 83,504 70,789 18% 2
Slide 6: San Miguel Food and Beverage, Inc.
SAN MIGUEL FOOD AND BEVERAGE, INC. FIRST SEMESTER 2018 IN MILLION PESOS 1H2018 1H2017* CHANGE Net Sales 137,441 119,130 15% Income from Operations 22,889 19,055 20% Net Income 15,370 12,805 20% *Reflects consolidated financials on a comparative basis with last year 3
Slide 7: San Miguel Food and Beverage, Inc. Revenue and Operating Income
SAN MIGUEL FOOD AND BEVERAGE, INC. FIRST SEMESTER 2018 Revenue Operating Income 20% 4% 46% 45% 76% 9% 4
Slide 8: San Miguel Brewery Inc.
SAN MIGUEL BREWERY INC. FIRST SEMESTER 2018 IN MILLION PESOS 1H2018 1H2017 CHANGE Net Sales 62,510 53,060 18% Income from Operations 17,311 14,040 23% Net Income 11,799 9,396 26% 5
Slide 9: Ginebra San Miguel Inc.
GINEBRA SAN MIGUEL INC. FIRST SEMESTER 2018 IN MILLION PESOS 1H2018 1H2017 CHANGE Net Sales 12,046 10,124 19% Income from Operations 862 551 57% Net Income 506 265 91% 6
Slide 10: San Miguel Food Group
SAN MIGUEL FOOD GROUP FIRST SEMESTER 2018 IN MILLION PESOS 1H2018 1H2017 CHANGE Net Sales 62,886 55,947 12% Income from Operations 4,712 4,460 6% Net Income 3,061 3,140 -2% 7
Slide 11: San Miguel Food Group: Agro-Industrial
SAN MIGUEL FOOD GROUP FIRST SEMESTER 2018 Agro - Industrial IN MILLION PESOS REVENUE +13% 39,476 44,466 1H2017 1H2018 8
Slide 12: San Miguel Food Group: Milling business
SAN MIGUEL FOOD GROUP FIRST SEMESTER 2018 Milling business IN MILLION PESOS REVENUE +6% 4,649 4,951 1H2017 1H2018 9
Slide 13: San Miguel Food Group: Branded Value-Added
SAN MIGUEL FOOD GROUP FIRST SEMESTER 2018 Branded Value-Added IN MILLION PESOS REVENUE +15% 12,642 14,494 1H2017 1H2018 10
Slide 14: San Miguel Packaging Group
SAN MIGUEL PACKAGING GROUP FIRST SEMESTER 2018 IN MILLION PESOS 1H2018 1H2017 CHANGE Net Sales 17,556 14,028 25% Income from Operations 1,647 1,404 17% 12
Slide 15: SMC Global Power Holdings Corp.
SMC GLOBAL POWER HOLDINGS CORP. FIRST SEMESTER 2018 IN MILLION PESOS 1H2018 1H2017 CHANGE Net Sales 57,430 40,697 41% Income from Operations 17,043 13,315 28% 13
Slide 16: Petron Corp.
PETRON CORP. FIRST SEMESTER 2018 IN MILLION PESOS 1H2018 1H2017 CHANGE Net Sales 273,498 206,958 32% Income from Operations 15,562 14,555 7% Net Income 9,502 8,214 16% Volume (in thousand barrels) 54,378 52,850 3% 14
Slide 17: SMC Infrastructure
SMC INFRASTRUCTURE FIRST SEMESTER 2018 IN MILLION PESOS 1H2018 1H2017 CHANGE Net Sales 12,145 10,895 11% Income from Operations 6,223 5,245 19% 16
Slide 18: SMC Financial Position
SMC FINANCIAL POSITION As of As of IN BILLION PESOS June 2018 December 2017 Total Assets 1,611 1,380 Cash 223 206 Interest –bearing Debt 754 549 Current Ratio 1.29x 1.40x Total Liabilities to Equity Ratio 2.28x 1.93x Interest-bearing Debt to Equity Ratio 1.54x 1.17x Net-Debt-to-EBITDA 2.87x 1.83x 24
Slide 19: Thank You
THANK YOU. VISIT OUR WEBSITES San Miguel Corporation - www.sanmiguel.com.ph San Miguel Brewery Inc. - www.sanmiguelbrewery.com.ph Ginebra San Miguel Inc. - www.ginebrasanmiguel.com San Miguel Food and Beverage, Inc. - www.sanmiguelpurefoods.com Petron Corporation - www.petron.com SMC Global Power Ho