Fraser & Neave Ltd. · SGX:F99
Fraser & Neave — H1 FY2016 Earnings Presentation
15 slides from Fraser & Neave's earnings presentation, May 4, 2016
Slide 1: FY2015/16 Half Year Financial Highlights
GN FRASER & NEAVE HOLDINGS BHD FY2015/16 Half Year Financial Highlights 4 May 2016
Slide 2: Healthy growth in top line and bottom line
• Healthy growth in both top line and bottom line despite uncertain environment. • Group revenue grew 3.9% despite absence of contributions from Red Bull and some Nestle products and amidst softer consumer sentiments. • Robust revenue growth of 9.1% from Food & Beverages (“F&B”) Thailand along with
Slide 3: Group financial highlights
Revenue Profit after tax RM2,052.5 million RM242.2 million 3.9% 72.5% Operating profit Basic EPS RM274.1 million 66.2 sen 65.4% 72.4% Profit before tax Interim dividend RM279.5 million 27 sen/per share 66.5% 22.7%
Slide 4: Revenue by Business Segment
Revenue by Revenue by Business Segment (RM’000) 3.9% Business Segment (%) F&B 2,052,468 1,976,210 Thailand 0.9% 38.0% F&B 1,271,779 9.1% 1,260,389 Malaysia 62.0% 779,990 714,711 1H 2016 nm nm F&B Thailand 786 465 324 234 36.2% F&B F&B Malaysia F&B Thailand Property Others Total Malaysia 63.8% 1st ha
Slide 5: Operating Profit by Business Segment
Operating Profit Operating Profit by Business Segment (RM’000) 65.4% by Business Segment (%) 274,080 F&B Thailand 39.5% 42.5% 92.3% F&B Malaysia 165,721 57.5% 145,895 107,760 104,609 -154.4% 1H 2016 56,027 nm Others 23,736 12.8% (12,906) 426 214 F&B F&B Malaysia Thailand F&B Malaysia F&B Thailand Pr
Slide 6: Food & Beverages Malaysia
FRASER & NEAVE HOLDINGS BHD 01 Food & Beverages Malaysia
Slide 7: F&B Malaysia revenue and operating profit
Revenue • Revenue grew marginally by 0.9% mainly due to the (RM’000) absence of contribution from Red Bull. 1,271,779 1,260,389 • Well executed Chinese New Year festivity-driven 0.9% consumer and trade marketing programs helped to ease the impact of increased end-consumer related competitive pricing
Slide 8: Food & Beverages Thailand
to te FRASER & NEAVE HOLDINGS BHD 02 OE. Food & Beverages Thailand
Slide 9: F&B Thailand revenue and operating profit
Revenue • Revenue grew by 9.1% with continuing higher (than (RM’000) market) demand for all its products along with 779,990 714,711 favourable contribution from its newly launched UHT milk products. 9.1% • Distribution coverage continues to increase, supported by effective branding and consumer trad
Slide 10: Dividends
EN FRASER & NEAVE HOLDINGS BHD CQ Dividends
Slide 11: Interim dividend
• Declared interim dividend of 1H 2016 1H 2015 27 sen per/share, higher than Total equity 1 1,911,228 1,877,007 last year (2015: 22 sen) Total assets 3,081,943 3,021,006 • Takes into account Group’s Net cash/(debt) 51,821 112,209 capital position, capital Net tangible assets 1 4.86 4.76 expenditure
Slide 12: Business Outlook
FRASER & NEAVE HOLDINGS BHD 04 CQ Business Outlook
Slide 13: Business Outlook
• Softening global economy and local economic uncertainties in both Malaysia and Thailand. • In Malaysia, the after-effects of the one year old Goods and Services Tax implementation appear to be prolonged. There is an increase in competitors’ offerings in differentiated packaging formats and portfol
Slide 14: Thank You
FRASER & NEAVE HOLDINGS BHD THANK YOU
Slide 15: FRASER & NEAVE HOLDINGS BHD A member of the FRASER AND NEAVE Group
FRASER & NEAVE HOLDINGS BHD A member of the FRASER AND NEAVE Group
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