Carlsberg Brewery Malaysia Bhd. · MYX:CARLSBG
Carlsberg Brewery Malaysia Bhd — 1H FY2019 Earnings Presentation
16 slides from Carlsberg Brewery Malaysia Bhd's earnings presentation, 2019
Slide 1: 1H FY'19 Press Financial Results & Analyst Briefing
1H FY’19PRESS FINANCIAL RESULTS & ANALYST BRIEFING
Slide 2: Net Profit +5.6%, Revenue +18.3%
Net Profit +5.6%, Revenue +18.3% 1HFY19 vs. 1HFY18 Higher sales from MY & SG contributed to improvements in top-line and bottom-line performance • RM1.14 bil in revenue and Higher sales across all major RM152.9 mil in net profit. Higher sales product segments supported • EPS of 49.99 sen; and better
Slide 3: Our Strategy - SAIL'22
Our Strategy - SAIL’22 © & Be STRENGTHEN POSITION DELIVER VALUE THE CORE FOR GROWTH FOR SHAREHOLDERS Grow in <4) GO Big in Growth in Net \ Mainstream Premium Profit Build New Revenue Streams High and Stable Dividend Yield “Sle OUR” ~...___. PRIORITIES CREATE A WINNING CULTURE @ DEFEND OUR LICENSE TO
Slide 4: 1H & 2Q Results for FY2019
1H & 2Q Results for FY2019 1HFY19 vs. 1HFY18 • 6th consecutive quarter-on-quarter growth in 2019 top- and bottom-line, contributed by higher sales in Malaysia and Singapore. 2Q FY’19 1H FY’19 • Recognising regime changes from GST to SST, Results (RM million) (RM million) organic revenue for 1H FY’19
Slide 5: Proposed 2nd Single Tier Dividend of 16.1 sen
Proposed 2nd Single Tier Dividend of 16.1 sen 100.0 9.3 87.0 11.0 22.4 72.0 72.0 Dividend policy: Interim dividends declared on a quarterly basis, with a target payout of at least 75% of the Group’s quarterly 16.6 consolidated net profit. Special Dividend (Single Tier) 66.0 16.0 37.6 Final Dividend
Slide 6: 5% Growth in Core Beer
1HFY19 vs. 1HFY18 5% Growth in CORE BEER CARLSBERG DANISH PILSNER • Carlsberg Smooth Draught is key MAINTAINED driver of category growth, with volumes up 50% in MY and 32% in CARLSBERG SG for 1H’19 vs. 1H’18. SMOOTH DRAUGHT +48% • Carlsberg Danish Pilsner remains highest-contributor to volume, maint
Slide 7: Premium Segment Continues Growth Momentum
1HFY19 vs. 1HFY18 Premium Segment Continues Growth MOMENTUM ASAHI 1664 BLANC SOMERSBY SUPER DRY • +22% volume growth 1H’19 vs. +51% +8% +8% 1H’18 (+19% 2Q’19 vs. 2Q’18). • 1664 Blanc and Connor’s Stout Porter saw mid-double-digit CONNOR’S increase bolstered by consumer preference, marketing +45% inv
Slide 8: Brooklyn Continues to Drive Category Growth
1HFY19 vs. 1HFY18 BROOKLYN Continues to Drive Category Growth • Demand growing in both MY and SG with triple-digit growth YTD BROOKLYN +130% 8
Slide 9: Inclusion in F4GBM Index
Inclusion in F4GBM Index • Carlsberg Malaysia is now a constituent of Bursa Malaysia’s FTSE4Good Index (F4GBM) effective 24 June 2019. • The only brewer and one of only three fast-moving consumer goods (FMCG) companies. • Carlsberg is now ranked among 71 leading Malaysian PLCs who have demonstrated
Slide 10: Jul '19 onwards
Jul 19 onwards iid 1 ih Grishetg DENMARK #CELEBRATERESPONSIBLY
Slide 11: New Look, Same Great Brew!
| NEW LOOK, SAME GREAT BREW!
Slide 12: Carlsberg's New Betterments
CARLSBERG’S NEW BETTERMENTS + We ceeated a cleverty-designed cap that removes oxygen from the bottle You oct 5x fresher tarte for longer with the new Fresh Cap ee ee si ‘Our Stemmed Glass comes engraved with a hop lenl-shaped nucleation stamp, ‘which gencrates and retains more foam for longer + More
Slide 13: Probably the Best Beer in the World
@zstetj PROBABLY =BEST BEER IN THE WORLD IN WORKING THE BREWERY WE SHOULD BE IN CONSTANT PURSUIT OF Le BETTER BEER SO THAT THE BREWERY MAY ALWAYS SET STANDARDS AND ASSIST IN KEEPING BEER BREWING ATA HIGH AND HONOURABLE LEVEL
Slide 14: 2H FY'19 Outlook
2H FY’19 @ OUTLOOK ;4, # es .y . wa EN S 4 nS 1 i —
Slide 15: 2H FY'19 Outlook
2H FY’19 OUTLOOK 2H FY’19 is challenging in anticipation of a softer market. The Group is hopeful that the Government will not impose any further excise duty increases for Budget 2020 which will lead to more influx of contraband beers and losses to government tax revenue. Confident that our focus in
Slide 16: Thank You
THANK YOU 16
Carlsberg Brewery Malaysia — 1H FY2019 Earnings Presentation on 6ix