JG Summit Holdings Inc. · PSE:JGS

JG Summit — FY2014 Earnings Presentation

19 slides from JG Summit's earnings presentation, April 2015

  1. Slide 1: FY2014 Estimates Earnings Call

    APRIL 2015 FY2014 ESTIMATES EARNINGS CALL

  2. Slide 2: Disclaimer

    Disclaimer This presentation contains certain forward looking statements with respect to the financial condition, results of operations and businesses of JG Summit Holdings, Inc. (JG Summit). Such forward looking statements involve known and unknown risks, uncertainties and other factors which may c

  3. Slide 3: Company Overview

    COMPANY OVERVIEW

  4. Slide 4: Company Overview

    Company Overview Market cap: PHP 518.2bn Core businesses Core investments Growth businesses Stake: 55.8% Stake: 67.2% Stake: 61.0% Stake: 8.0% Market cap: PHP 485.2bn Market cap: PHP 51.4bn Market cap: PHP 124.0bn Market cap: PHP 616.6bn Attributable Market Cap: Attributable Market Cap: Attributable

  5. Slide 5: Financial Results

    FINANCIAL RESULTS

  6. Slide 6: Key Financial Highlights

    Key Financial Highlights In PhP Billions 2013 2014 Growth % Revenues 150.35 184.81 +23% Net Income from Equity Holders of the Parent 10.43 18.25 +75% Core Net Income After Taxes 13.65 20.30 +49% EBITDA 35.44 49.23 +39% CAPEX 36.30 37.99 +5%  Revenues driven by strong performance of all businesses:

  7. Slide 7: Growing Revenues & Earnings from Strong Operations

    Growing Revenues & Earnings from Strong Operations Revenue Distribution Net Income from Equity Holders of the Parent (in PhP Billions) (in PhP Billions) Equity in Petrochem net Php3.2bn Banking earnings of Dividend 2% Cebu Air Income Php2.7bn Others associates 2% Php0.9bn Php0.6bn Php7.2bn Php5.1bn

  8. Slide 8: Stable Cash Flow to Support Growth

    Stable Cash Flow to Support Growth Dividends Received (in PhP Billions) Capex Spending (PhP Billions) 13.7 Rbank URC Php0.2bn Php6.8bn Cebu 1% 18% Php13.3bn 35% RLC Php8.7bn 23% 8.6 Petrochem 7.3 Php8.8bn 23% 6.1 2.7 FY2014 ACTUAL CAPEX PhP38.0 Bn 2010 2011 2012 2013 2014 FY2015 CAPEX BUDGET URC RLC

  9. Slide 9: Solid Balance Sheet Position

    Solid Balance Sheet Position Growth 2012 2013 2014 In PhP Billions % Cash* (inc Financial Assets and AFS Investments) 47.22 64.76 64.54 -0.3% Total Assets 345.46 473.62 558.78 +18% Total Financial Debt** 80.11 124.56 201.84 +62% Total Liabilities 143.90 237.75 297.17 +25% Total Equity Stockholders’

  10. Slide 10: Key Businesses

    KEY BUSINESSES

  11. Slide 11: URC Financial Performance

    URC Financial Performance (in PhP Billions) KEY HIGHLIGHTS Revenues EBIT 27.0 +19%  Growth for the quarter was driven by branded foods and sugar, which grew 22.7 20% and 29% respectively vs. SPLY.  Strong growth of our powdered beverage business (+35%), mainly coming from coffee (+36%)  Snackfood

  12. Slide 12: URCI Financial Performance

    URCI Financial Performance (in PhP Billions) KEY HIGHLIGHTS Revenues EBIT  International business grew 27% to +27% P7.5B with the consolidation of Griffins 7.5 financials starting mid-November. 5.9  Growth came from accelerating sales in Thailand and Indonesia  Vietnam is affected by negative FMC

  13. Slide 13: RLC Financial Performance

    RLC Financial Performance Revenues (in PhP Billions) KEY HIGHLIGHTS +9% 4.8 4.4  Malls revenue grew by 13% to P2.2B in 1QFY15 vs sply. Opened 1 new mall (Las Pinas) in 1QFY2015, bringing to a total of 39 malls.  Office buildings division grew by 29% with the increased lease take-up of Cyberscape A

  14. Slide 14: CEB Financial Performance

    CEB Financial Performance (in PhP Billions) KEY HIGHLIGHTS Revenues EBITDAR EBITDAR Margin 52.0  Passenger traffic grew 17.5% to 16.9M from +27% 14.4M, while seat capacity grew by 14.8% to 41.0 20.1M, resulting in 83.9% SLF.  Most number of passengers carried at 60.8% domestic market share; highes

  15. Slide 15: Core Investments

    Core Investments Revenues Service Revenues Revenues (in Php Billions) (in Php Billions) (in S$ millions) 693.2 298.6 266.3 609.6 164.1 165.1 FY2013 FY2014 FY2013 FY2014 FY2013 FY2014 Core Net Income Core Net Income Net Income* (in Php billions) (in Php Billions) (in Php Billions) 6.8 38.7 37.4 4.6 1

  16. Slide 16: Growth Businesses

    Growth Businesses Revenue (in PhP Billions) Revenue (in PhP Billions) 2.8 1% 2.7 3.2 495% 0.5 FY2013 FY2014 FY2013 FY2014 KEY HIGHLIGHTS KEY HIGHLIGHTS  Slight drop in revenues attributed to lower  Resumed commercial operations in trading gains. November 2014 after completing the plant  A growing

  17. Slide 17: Plans & Prospects

    PLANS & PROSPECTS

  18. Slide 18: Plans and Prospects

    Plans and Prospects  Commissioned Bioethanol Facility last Nov. 2014 and started exporting power to the National Grid from the Biomass Plant  Install additional capacities in PET beverage and snackfoods across ASEAN operations and a new bar line in New Zealand  Commission Central Vietnam and Myan

  19. Slide 19: Thank You!

    1a JG SUMMIT HOLDINGS, INC. Make Life Better For Every Filipino THANK YOU!

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