Fraser & Neave Ltd. · SGX:F99

Fraser & Neave — FY2014 Earnings Presentation

13 slides from Fraser & Neave's earnings presentation, Nov 7, 2014

  1. Slide 1: Analysts' Briefing

    Fraser & Neave Holdings Bhd Analysts’ Briefing 7 Nov 2014 1

  2. Slide 2: Financial Highlights

    Financial Highlights Group revenue and operating profit grew 8.9% and 0.6% respectively from corresponding period:  All core products registering positive year on year growth  Both Dairies Malaysia and Thailand recorded strong revenue growth, on increasing market distribution and product penetrati

  3. Slide 3: Financial Highlights

    Financial Highlights  EPS at 71 sen  Normalized EPS however increased by 18%  Ordinary dividend increased by 10% from last year‘s level of 55 sen per share  Balance sheet healthy supporting RAM’s AA1 credit rating Key Ratios FY2014 FY2013 Change Earnings Per Share (EPS) sen 71.0 71.4 -0.6% Earni

  4. Slide 4: Revenue

    Revenue Key drivers of the 8.9% revenue growth are:  Driven by stronger sales from all its business units.  Dairies Thailand recorded double digit revenue growth, on continued strong market activation and distribution.  Despite heavy competitors’ trade discounting, both Dairies Malaysia and Soft

  5. Slide 5: Profit Before Interest and Tax (PBIT)

    Profit Before Interest and Tax (PBIT) Key drivers of the 0.6% PBIT growth are:  Soft Drink’s stronger PBIT performance was contributed by favourable sales mix, lower trade discount and effective spending on advertising and promotions.  Dairies Malaysia’s profitability aided by higher revenue suppo

  6. Slide 6: Soft Drinks

    Soft Drinks Cases (mil) Volume  Increase in both domestic and export volume by 66 +4.4% 3.5% and 22.7% respectively, driven by 64 62 4 100Plus, Season range 60 3 Export  Season range rebranded as Seasons Tea, Domestic 58 59 61 NutriSoy and Nutriwell 56  Favourable sales mix and lower trade discou

  7. Slide 7: Dairies Malaysia

    Dairies Malaysia Ctn (mil) Volume  Domestic volume grew by 10.3% driven by 12 +6.7% 10 2 stronger performance of both Nestle and F&N 2 8 brands. 6 9 Export  Dairies Malaysia maintained its export sales 4 8 Domestic 2 volume despite intensive market competition from 0 amongst local manufacturers. F

  8. Slide 8: Dairies Thailand

    Dairies Thailand Tonnes (‘000) Volume  Dairies Thailand continue recorded strong 300 +18.1% 250 50 growth in both volume and revenue. 200 39 Indochina  Domestic volume increased 16.4%, driven by & Export 150 Domestic double digit growth in both its Sweetened 100 227 195 Beverage Creamer and Evapor

  9. Slide 9: Properties

    Properties  Project name approved as “Fraser Square”  Integrated project with projected GDV of RM1.7 Billion, comprising residential, shopping mall, SOHO, hotel and corporate office to be developed over a six year periods  The residential component of Fraser Square has obtained building plan appr

  10. Slide 10: Financial and Business Outlook

    Financial and Business Outlook  BNM expects GDP to exceed the 5.0%- 5.5% forecast in 2014 in view of 1st half year performance  Malaysia and Thai Baht expected to remain weak against USD  Weakening consumer confidence due to various subsidies reduction and interest rate increase  Inflationary un

  11. Slide 11: Dividends

    Dividends  Propose final ordinary dividend of 33 sen per share (increase of 10%), corresponding to higher financial performance Sen per share 180 160 140 120 110 100 Special 80 30 Ordinary 60 10 15 40 5 67 55 50 55 20 43 37 0 FY09 FY10 FY11 FY12 FY13 FY14 11

  12. Slide 12: Questions & Answers

    Questions & Answers 12

  13. Slide 13: Thank You

    Thank You 13

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