Vitasoy International Holdings Limited FY 2010/2011 Annual Results Announcement
14th June, 2011
Vitasoy International Holdings Limited
Disclaimer In addition to historical information, this presentation contains forward-looking statements with respect to the results of the operations and business of Vitasoy. These forward-looking statements represent Vitasoy’s expectations or beliefs concerning future events and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Vitasoy International Holdings Limited
Vitasoy International Holdings Limited
Financial Highlights
Vitasoy International Holdings Limited
Financial Highlights Year ended 31st March (In HK$’M)
__ 2011
2010
Change
•
Turnover
3,329
3,012
+11%
•
Gross Profit
1,651
1,498
+10%
•
Profit Before Tax
419
375
+ 12%
Vitasoy International Holdings Limited
Financial Highlights Year ended 31st March (In HK$’M)
2011
2010
Change
•
EBITDA
537
483
+11%
•
EBIT
425
378
+12%
•
Profit Attributable to Shareholders
284
260
+9%
Vitasoy International Holdings Limited
Financial Highlights Year ended 31st March (In HK Cents)
2011
2010
Change
•
Basic Earnings Per Share
27.9
25.6
+9%
•
Final Dividend Per Share
15.1
13.4
+13%
•
Full Year Dividend Per Share
18.3
16.6
+10%
•
Special Dividend Per Share
10.0
N/A
-
Vitasoy International Holdings Limited
Financial Highlights Year ended 31st March (In HK$’M)
2011
2010
•
Capital Expenditure
511
91
•
Depreciation and Amortization
112
105
Vitasoy International Holdings Limited
Financial Highlights (In HK$’M) •
Cash
•
Bank Borrowings & Finance Lease Obligations
•
Net Cash (Cash less Borrowings)
•
Shareholders’ Equity
•
Debt / Equity Ratio
Year ended 31st March 2011 2010 363
479
274
87
89
392
1,416
1,358
19%
6%
Vitasoy International Holdings Limited
Group Turnover by Operations (Year ended 31st March 2011)
Mainland China 26%
Hong Kong & Macau 46%
North America 13%
Australia / NZ 13%
Singapore 2%
Vitasoy International Holdings Limited
Group Turnover by Product Category (Year ended 31st March 2011)
Vitasoy International Holdings Limited
Market Review and Outlook
Vitasoy International Holdings Limited
Result Highlights
Hong Kong and Macau – Steady performance under challenging environment, outperformed the local industry.
Mainland China – Strong sales growth with enhanced brand awareness, but limited by capacity constraint.
Australia and New Zealand – Strong sales and category growth with better operational efficiency and favorable exchange impact.
North America – Continued profitability momentum with focused business strategy.
Singapore – Solid performance but impacted by tough operating environment.
