Pt Map Boga Adiperkasa Tbk · IDX:MAPB
Pt Map Boga Adiperkasa Tbk — Investor Presentation (August 2021)
34 slides from Pt Map Boga Adiperkasa Tbk's investor presentation, Aug 19, 2021
Slide 1: Public Expose
Public Expose PRESENTATION BY Anthony Cottan PRESIDENT DIRECTOR Jakarta, August 19th 2021 1
Slide 2: Contents
Contents • MBA Overview • 2020 Financial Highlights • 2020 Marketing & Operational Highlights • 2020: How We Reimagined MBA • Looking Ahead: Roadmap to 2023 • ESG 2
Slide 3: MBA Overview (End June 2021)
MBA Overview (End June 2021) 593 Retail Stores 7 Premium F&B Brands 5,499 employees 33 listed on indonesia Stock Exchange A member of MAP group Strategic partnership with Cities general atlantic 3
Slide 4: MBA Overview (End June 2021)
MBA Overview (End June 2021) 478 stores 20 stores 5 stores 22 stores 32 stores 29 stores 7 stores Total 593 stores 4
Slide 5: 2020 Financial Highlights
2020 Financial Highlights 5
Slide 6: Consolidated Income Statement
Consolidated Income Statement Consolidated Un-audited Audited (IDR Million) 1H 21 Q1 21 2020 2019 2018 NET SALES 1,176,010 551,637 2,044,306 3,094,880 2,576,852 % growth 22.5% -18.6% -33.9% 20.1% 22.6% EBITDA 254,253 100,967 401,699 457,224 353,724 % margin 21.6% 18.3% 19.6% 14.8% 13.7% % growth 61.
Slide 7: Operating Expenses Efficiency
Operating Expenses Efficiency OPERATING EXPENSES Efficiency in 2020 1H 2021 2020 Total Payroll Saving: Rp 152,975 M (GROWTH VS 2019) PREMISES COST -29.7% -32.7% Total Efficiency Premises Cost Saving: Rp 133,982 M PAYROLL -18.0% -22.5% DEPRE & AMORTISATION 14.1% 13.9% Efficiency in 2021 A &P -39.2% -
Slide 8: Balance Sheet Consolidated
Balance Sheet Consolidated Unaudited Audited (in Million Rupiah) 1H 21 2020 2019 2018 ASSETS CASH AND CASH EQUIVALENT 271,103 355,856 333,741 280,003 ACCOUNT RECEIVABLES 40,163 66,292 82,085 84,211 INVENTORIES 122,763 111,051 131,377 102,644 ADVANCES 8,300 4,131 3,936 3,511 PREPAID EXPENSES 49,430 2
Slide 9: Net Sales (2016 - 1H 2021)
Net Sales (2016 - 1H 2021) CAGR 2016 - 2019: 21% 3,094,880 Percentage in bar chart indicates % growth 20.1% 2,576,852 22.6% 2,102,609 2,044,306 1,744,618 20.5% -33.9% 25.6% 1,176,010 22.5% 2016 2017 2018 2019 2020 1H21 UA Presented in million Rupiah -33.9% 9
Slide 10: Operating Profit Growth (2016 - 1H 2021)
Operating Profit Growth (2016 - 1H 2021) CAGR 2016 - 2019: 12% 223,478 Percentage in bar chart 37.7% indicates % growth 157,383 157,821 162,251 30.1% 0.3% 2.8% (8,951) 92.8% -168.3% (152,581) 2016 2017 2018 2019 2020 1H21 UA Presented in million Rupiah 10
Slide 11: EBITDA Growth (2016 - 1H 2021)
EBITDA Growth (2016 - 1H 2021) CAGR 2016 - 2019: 20% 457,224 Percentage in bar chart indicates % growth 29.3% 401,699 -12.1% 353,724 306,330 15.5% 264,425 15.8% 254,253 30.7% 61.4% 2016 2017 2018 2019 2020 1H21 UA Presented in million Rupiah 11
Slide 12: 2020 Marketing + Operational Highlights
2020 marketing + operational Highlights 12
Slide 13: Pandemic Restrictions and Actions
Pandemic Restrictions and Actions…. The Challenge: The Gap-Revenue New Channels Regulations of PPKM Darurat: • Solid growth continues for delivery • No Dine-in, only take away & sales via Go-Food and Grab Food delivery • Shopee and Traveloka enter • Shopping centers and public delivery market. With
Slide 14: Store Opening 2020
Store Opening 2020 New store opening : 37 new stores (32 net store addition) Starbucks : 27 Genki Sushi :2 Krispy Kreme :3 Pizza Marzano :2 Cold Stone Creamery : 2 Paul Bakery :1 End 2020 : 575 stores 14
Slide 15: Store Development
store development 15
Slide 16: 2020 New Drive Thru Stores
2020 New Drive Thru Stores DT Emerald Bintaro Rest Area KM 21 Jagorawi DT KM Resta 456A DT Teuku Umar (Bali) Top 3 of 30 Bali stores (excluding) Dewata & airport) 16
Slide 17: 2020: How We Reimagined MBA
2020: How We Reimagined MBA • Strengthened our foundation • New menu innovations • Healthier options • Accelerated digitalization • Ramped up home deliveries • New Drive thru stores / new concepts • More convenience, choice + value more resilient + agile mba! 17
Slide 18: Post Covid-19 Strategy: Roadmap to 2023
Post Covid-19 Strategy Looking Ahead: Roadmap to 2023 • Deliver customer - centric products • Drive “Best-in-Class” operational efficiency • Grow store footprint: - Add new stores + new cities - Add new brands + concepts: • Cloud Kitchen • Virtual brands • Curbside Pick-up Stores • Wholesale channel
Slide 19: New Concept - Cloud Kitchen Space for Primary Brands
New Concept - Cloud Kitchen Space for Primary Brands Cloud Kitchen for Pizza Marzano and Genki Sushi Benhil Cilandak Depok Bandung Surabaya Genki Open Open Trial Cloud Q4 2021 Q4 2021 with Yummy in Serpong 19
Slide 20: New Concept – Cloud Kitchen Space for Virtual Brands
New Concept – Cloud Kitchen Space for Virtual Brands (Private Label & Delivery only) Veri-Peri Chicken • Now in 6 locations • Incremental income Rp 50m to date Launched in March 2021 20
Slide 21: Cold Stone Creamery - Wholesale Channels
Cold Stone Creamery - Wholesale Channels Product Category Supermarket Channels : 35 sites 14 sites 18 sites Single serve cup Pre-packed Mochi ice cream 81gr ice cream 2 sites 1 site The FoodHall Ranch Market KemChicks 21
Slide 22: Maximizing MAP Company's synergy
Maximizing MAP Company’s synergy SOGO FOODHALL Krispy Kreme Frozen PM “Fresh tests in 3 Cabinets” Foodhall stores Krispy Kreme Leveraging MAP Club “Frozen for Growth Brands Doughnuts” 22
Slide 23: Sustainability Initiatives
Sustainability Initiatives 23
Slide 24: No Plastic Policy
“No Plastic Policy” Plastic reduction initiatives through “Greener Nusantara” initiatives. Use of ‘greener’ materials in all Starbucks stores “ Recycled PET Cups, Paper Straws, Wooden Stirrers 24
Slide 25: Caring for The Communities We Do Business
Caring for The Communities We Do Business Collaborating with Planet Water Foundation, we built 13 water towers that provide clean water to the surrounding communities. 25
Slide 26: Ethically Sourced Coffee
Ethically Sourced Coffee 99% of Starbucks coffee beans are sourced from farmers that implement Coffee and Farmer Equity (C.A.F.E) practices. 26
Slide 27: Employment
Employment Creating jobs and income for over 5,600 employees as at 31st December 2020. 27
Slide 28: Equality
Equality Our employees consisted of 44% Female and 56% Male, as at 31st December 2020. 28
Slide 29: Education
Education Opening of Starbucks community store in Tanah Abang, Jakarta in 2020, which helps provide quality F&B education to the surrounding communities. 29
Slide 30: Continuous Care to Front Line Emergency Services
Continuous Care to Front Line Emergency Services Donations of masks, food and drink packages to the front liners, such as doctors, nurses, the Indonesian National Army, as well as coffee farmers. 30
Slide 31: F&B Donations to Front Line Emergency Services
F&B Donations to Front Line Emergency Services Starbucks : 36,103 Cups Krispy Kreme : 102,660 pcs / 485 dozen Pizza Marzano : 5,820 pcs / 72 boxes Cold Stone : 210 Cups Godiva : 100 pcs Genki Sushi : 310 Bowls PAUL : 1,416 pcs Consistent support for 16 months 31
Slide 32: Starbucks Farmer Support Center in Brastagi
Starbucks Farmer Support Center in Brastagi Support the establishment of Farmer Support Center in Brastagi. Helping local farmers to implement sustainable agriculture practices, which increase the quality of their coffee beans and livelihoods. 32
Slide 33: Post pandemic MBA is positioned for long term profitable growth
“ Post pandemic MBA is positioned for long term profitable growth. With an ambitious ‘owner-like’ mindset, energetic and creative leadership team, we believe that we can ” balance People, Planet and Profit. 33
Slide 34: Thank You
YOU OK Hk Xk SOT ORO SOEs
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