Sunshine Holdings Plc · CSELK:SUN.N0000
Sunshine — Q1 FY2017 Earnings Presentation
19 slides from Sunshine's earnings presentation, Aug 9, 2016
Slide 1: Sunshine
IN Sunshine
Slide 2: Earnings Presentation 1QFY17
Earnings Presentation 1QFY17 9th August 2016
Slide 3: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements that are based on management’s current expectations and assumptions. Forward-looking statements include predictions of future results or activities and may contain the words “expects,” “believes,” “should,” “will,” “ant
Slide 4: Group Performance
Group Performance
Slide 5: Group Financial Highlights
Group Financial Highlights 1Q 1Q Growth LKRm FY17 FY16 % Revenue 4,621 4,179 10.6 EBIT 519 399 30.0 EBIT Margin 11.2% 9.6% Profit for the period 408 314 29.9 PAT Margin 8.8% 7.5% Profit Attributable to Equity owners 207 162 27.2 EPS (LKR) 1.53 1.20 27.2
Slide 6: Group at a Glance – 1QFY17
Group at a Glance – 1QFY17 • LKR 4.6bn in Revenue; +10.6% YoY • LKR 408m PAT; +30% YoY • PATMI of LKR 207m; +27% YoY Revenue -1QFY17 • Healthcare revenue; LKR 2.0bn; Other, +18% YoY FMCG, Healthcare, 16.9% 4.8% 42.4% • Agri revenue; LKR 1.7bn; -2% YoY. • 2.7m kg of palm oil, -4% YoY. • 2.5m kg of te
Slide 7: Revenue Growth Trend
Revenue Growth Trend • Revenue growth of 11% YoY in 1QFY17 to LKR4.6bn • Healthcare (+LKR 295m;+18%YoY), FMCG (+LKR 98m; +14%YoY), Agri (-LKR 26m; -2%YoY) • 5 Year CAGR of 10% LKR m Revenue growth 5 ,0 00 20% 4 ,5 00 4,621 4 ,0 00 15% 4,179 3,984 3 ,5 00 10% 3,473 3 ,0 00 3,143 2 ,5 00 2 ,0 00 5% 1
Slide 8: Profitability
Profitability LKR m PAT margins 4 50 8.4% 8.2% 8.8% 10.0% 4 00 7.5% 9.0% 408 8.0% 3 50 7.0% 326 3 00 314 6.0% 3.6% 2 50 265 5.0% 2 00 4.0% 1 50 125 3.0% 1 00 2.0% 50 1.0% - 0.0% 1QFY13 1QFY14 1QFY15 1QFY16 1QFY17 PAT PAT margin % • Top line growth and margin expansion have driven growth in profitabi
Slide 9: Earnings Contribution
Earnings Contribution PAT -1QFY17 PATMI -1QFY17 Other, Healthcare 5.3% Healthc Other, , 38.7% FMCG, are, 25.7% 26.1% 27.1% LKR 408m FMCG, LKR 207m 6.7% Agri, Agri, 29.0% 41.5% • Lower impact of Agri sector at PATMI level. Effecting holding just 25%. • Healthcare contributed 39% of total PATMI IQ *Ot
Slide 10: Segment Performance 1Q FY17
Segment Performance 1Q FY17
Slide 11: Healthcare
Healthcare 1Q 1Q Growth LKRm FY17 FY16 % Revenue 1,957 1,662 17.8 EBIT 126 125 1.0 EBIT Margin 6.4% 7.5% Profit for the period 80 85 (6.1) PAT Margin 4.1% 5.1% Highlights • Revenue growth of 18% YoY for 1QFY17: –Driven by strong Pharma growing 18% Vs Market growth of 10% (IMS) • Segment growth: Surg
Slide 12: Healthcare Retail
Healthcare Retail 24 Outlets existing outlets in Colombo, including 12 express outlets Highlight • Emphasis margin expansion with higher Beauty and wellness sales • Focus on superior customer service by ramping up training activity at the in-house training center • Renovation of Thalawathugoda outle
Slide 13: FMCG
FMCG 1Q 1Q Growth LKRm FY17 FY16 % Revenue 783 685 14.4 EBIT 48 89 (46.6) EBIT Margin 6.1% 13.0% Profit for the period 42 82 (49.1) PAT Margin 5.3% 12.0% Highlights • Sales growth driven higher branded tea volumes (+13% YoY) and price growth (+1% YoY) • Distribution reach increased to 85,000 GT outl
Slide 14: Agri
Agri 1Q 1Q Growth LKRm FY17 FY16 % Revenue 1,659 1,685 (1.6) EBIT 292 167 74.7 EBIT Margin 17.6% 9.9% Profit for the period 239 131 82.7 PAT Margin 14.4% 7.7% Highlights • Contraction in revenue by design to focus on quality for the Tea segment; Tea crop down by -4%YoY • Palm Oil PAT of LKR 294m for
Slide 15: Other
Other Energy Packaging • Revenue of LKR 25m • The packaging division for 1QFY17, down from reported revenues of LKR 32m due to change LKR 102m, up 2% YoY in weather pattern • PAT of 8m in 1QFY17 against LKR 6m last year • LKR 7m PAT for 1QFY17 against LKR • Expansion of export 13m last year business
Slide 16: Additional Data
Additional Data 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q LKR m FY15 FY15 FY15 FY15 FY16 FY16 FY16 FY17 FY17 Revenue 3,984 4,166 4,072 4,105 4,179 4,341 4,288 4,615 4,621 PAT 326 225 289 207 314 344 391 169 408 PATMI 147 158 104 76 162 171 175 78 207 Volumes 1Q FY15 2Q FY15 3Q FY15 4Q FY15 1Q FY16 2Q FY16 3Q FY16
Slide 17: Outlook
Outlook
Slide 18: Outlook for 2Q FY17
Outlook for 2Q FY17 Healthcare Agri • Continue growth momentum in • Palm Oil Prices supported by agency business, despite May increase in duty component being affected by weather • Slight increase in Tea price for • 2 new FS retail outlet better quality estates • Wage negotiations ongoing FMCG Packa
Slide 19: Thank you
Thank you For more information, Please visit our Investor Relations page http://www.sunshineholdings.lk/investor%20relations/index.php