Carlsberg Brewery Malaysia Bhd. · MYX:CARLSBG
Carlsberg Brewery Malaysia Bhd — 1H FY2020 Earnings Presentation
17 slides from Carlsberg Brewery Malaysia Bhd's earnings presentation, 2020
Slide 1: Financial Results 1HFY'20
FINANCIAL RESULTS 1HFY’20
Slide 2: COVID-19: Severe Impact on Performance
1H’20 vs. 1H’19 COVID-19: Severe Impact on Performance 1HFY20 revenue down 23.1% to RM877.1 mil; net profit fell 45.3% to RM83.6 mil Production suspended for 7 weeks, limited sales & distribution and no consumer-facing activities amid Covid-19. Reduced share of profits from associate company Lion Br
Slide 3: 2Q/1H FY'20 Revenue & Net Profit
2Q/1H FY’20 Revenue & Net Profit • Substantial decline in both revenue and net profit in 1HFY20 vs. SPLY attributed primarily to critical 2Q ’20 1H ’20 Results (RM million) (RM million) measures undertaken in both Malaysia and Singapore to counter the COVID-19 pandemic, partially mitigated by tighte
Slide 4: Adverse Impact of MCO (MY) & CB (SG)
Adverse Impact of MCO (MY) & CB (SG) Dec ‘19 – Feb ‘20 Mar ‘20 – Apr ‘20 May ’20 onwards PRE-LOCKDOWN DURING LOCKDOWN GRADUAL RECOVERY • Covid-19 spreads in China and • Global pandemic declared, 1/3 of • MY: Gradual lifting of social distancing crosses international borders human population in lockd
Slide 5: 1H2020 Trade Performance Trends
1H2020 Trade Performance Trends ON-TRADE OFF-TRADE E-COMMERCE • Traditional and modern outlets • Off-trade volume increased • e-Commerce volumes saw a badly affected during MCO/CB compared to the same period last significant increase compared to with no dine-in allowed year, driven by home consumpti
Slide 6: Core Beer
1H’20 vs. 1H’19 17% DECLINE IN CORE BEER • Pre-MCO/CB: Lower volume due to earlier CNY trade loading in December 2019 and absence of trade loading in March 2020. • During MCO/CB: Brewing operations suspended, limitations to sales and distribution especially for on- trade, absence of consumer- facing
Slide 7: Premium
1H’20 vs. 1H’19 20% DECLINE IN PREMIUM • Except 1664 Blanc, all brands recorded double-digit decline vs. SPLY due to aforementioned limitations on production, sales and distribution as well as weakened consumer sentiment. • Premium brands did well in off-trade sector but not enough to compensate for
Slide 8: A Digital Focus for Brand Engagement During MCO
A DIGITAL FOCUS FOR BRAND ENGAGEMENT DURING MCO 8
Slide 9: Our Strategy Remains for 2020
Our Strategy Remains for 2020 ‘Grow in Mainstream’ with Carlsberg Danish Pilsner and Carlsberg Smooth Draught ‘Win in Each Store’ with better in-store execution ‘Fund the Journey’ by delivering efficiencies in operating expenses, value management, and the supply chain ‘Go Big in Premium’ with 1664 B
Slide 10: Safer Together with Customers, Consumers and Community
SAFER TOGETHER with Customers, Consumers and Community 1. Safer Schools: donation of thermometers and disinfection services benefitting 1 million students 2. RM3.5 mil for Coffee Shops: 3-month subsidy for fixed costs to 1,000 traditional F&B outlets + consumer promotions on Carlsberg Smooth Draught
Slide 11: 2H2020 Highlights
2H2020 HIGHLIGHTS 11
Slide 12: Premier League
Premier League — Champions?__ Proba a wre sal *. 4
Slide 13: A Toast to the Longest Partnership in EPL History
13 A TOAST TO THE LONGEST PARTNERSHIP IN EPL HISTORY
Slide 14: #CelebrateResponsibly
#CELEBRATERESPONSIBLY Our Consistent Stand Against Irresponsible Drinking 14
Slide 15: Navigate the Storm
NAVIGATE THE STORM 15
Slide 16: COVID-19 Outlook
COVID-19 OUTLOOK Business recovery is anticipated to be slow over the next few months because of the persevering effects of COVID-19 and the measures necessary to control them. As a consequence, consumer sentiment will remain depressed particularly in the on-trade sector due to reduced capacities an
Slide 17: Thank You
THANK YOU 17
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