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22 August 2008 ANALYST MEETING PT. Sierad Produce, Tbk.

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Presentation on theme: "22 August 2008 ANALYST MEETING PT. Sierad Produce, Tbk."— Presentation transcript:

1 22 August 2008 ANALYST MEETING PT. Sierad Produce, Tbk

2 DISCLAIMER We remind all investors that the statements and figures contained herein have not been independently verified. No representation or warranty expressed or implied is made as to, & no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinion contained herein. The Company’s reasonable judgment on its forward-looking views is subject to changes caused by unforeseeable risks and other uncertainties that could affect the Company’s business. This document is being furnished to you solely for your information and on confidential basis & may not be reproduced, redistributed or passed on, in whole or in part, to any other person. 2

3 1. INTRODUCTION 2. INDUSTRY OUTLOOK 3. FINANCIAL HIGHLIGHTS

4 PT Sierad Produce, Tbk Feedmill Breeding & Hatchery Contract Growing Slaughterhouse SBU Capacity Location 1500 ton / day800.000 ton / year105 million DOC / year + 900.000 DOC / week (as of Jul 2008) Slaughtering: 60.000 birds/day Cold storage : 1200 ton Lampung Sidoardjo Lampung Sidoardjo Balaraja, Tangerang Sukabumi (7 F + 1 H) Bogor (3 F + 1 H) Tangerang (1 F) Lamongan (1 F + 1H) Jawa Barat & Banten Jawa Tengah & Jogjakarta Jawa Timur & Bali Parung, Bogor Corn Drying COVERAGE AREAS THE COMPANY 4

5 OTHER BUSINESSES PT Sierad Industries (Cikande – Serang) – Plastic Based Poultry Equipment PT Dwipamina Nusantara (Bali) – Fishmeal Production 5

6 POULTRY SUPPLY CHAIN 6 *

7 Incorporated 06 Sep1985 IPO, 27 Dec 1996 Merger, 2001 Debt to Equity/CB/Rescheduling Lease Finance Debt Oct 2001 Financial Restructuring 1997 - 2000 Reverse Stock Split Oct 2004 Debt to Equity May 2005 CORPORATE MILESTONE 7

8 CAPITAL STRUCTURE 8

9 1. INTRODUCTION 2. INDUSTRY OUTLOOK 3. FINANCIAL HIGHLIGHTS

10 CHICKEN CONSUMPTION 10

11 GDP vs. CHICKEN CONSUMPTION 0 50 100 150 200 250 300 350 400 199619971998199920002001200220032004200520062007 Year GDP (BLN USD) 0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 Broiler meat consumption/capita/year 11

12 CORN PRICE 12

13 SBM PRICE 13

14 DOC AND LIVE BIRD PRICE 14

15 1. INTRODUCTION 2. INDUSTRY OUTLOOK 3. FINANCIAL HIGHLIGHTS

16 FINANCIAL HIGHLIGHTS 16

17 TARGET 2008 2008 (F)20071H 20081H 2007 Net Sales 2.000 1.632 1.090 683 EBITDA 120 83 36 Net Income 46 21 33 13 17

18 FINANCIAL HIGHLIGHTS 1H 20081H 2007∆ % ( Rp billions) Net Sales 1.090 683 60 Gross Profit 124 68 83 Operating Income 63 19 239 EBITDA 83 36 130 Earnings Before Tax 51 20 162 Net Income 33 13 150 EPS (Rp /share) 4 1 150 Equity 1.039 998 4 Total Assets 1.399 1.143 22 Ratios Current Ratio 228 367 (38) Debt to Equity 35 15 138 Debt to Total Assets 26 13 102 Book Value Per Share (Rp) 111 106 4 18

19 REVENUE CONTRIBUTIONS 19

20 PRODUCTION VOLUME 20 1H 2008 VS 1H 2007 24.6% 0.6% 23.7% Feeds DOCLive Bird 15% Dressed Chicken

21 EXPANSION PLAN Additional + 40 flocks (Breeding Farm) Broiler Central Java + 450.000 DOC /week LayerWest Java + 115.000 DOC / week Hatchery (24 machines) Central Java + 670.000 DOC / week Investment Cost = Rp 310 billions 21

22 OTHERS Increase population in Kemitraan captive market Extend the Vertical Integration Chain Delfarm Meat Shop Project 22

23 Untuk Informasi Lebih Lanjut Hubungi: PT Sierad Produce Tbk Gedung Plaza City View, Lantai 1 Jl. Kemang Timur No. 22, Jakarta Tel. 021 - 719 3888, Fax. 021 719 3889 Up. Elies Lestari Setiawan - Corporate Secretary


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