COL Public Company Limited

Transcription

1 1 COL Public Company Limited 2Q15 Earnings Presentation 25 August 2015

2 Important Notice o The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for share in COL Public Company Limited ( COL and shares in COL, shares ) in any jurisdiction nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever. o This presentation may include information which is forward-looking in nature. Forward-looking information involve known and unknown risks, uncertainties and other factors which may impact on the actual outcomes, including economic conditions in the markets in which COL operates and general achievement of COL business forecasts, which will cause the actual results, performance or achievements of COL to differ, perhaps materially, from the results, performance or achievements expressed or implied in this presentation. o This presentation has been prepared by COL. The information in this presentation has not been independently verified. No representation, warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in this presentation. None of the COL or any of its agents or advisers, or any of their respective affiliates, advisers or representatives, shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. o This presentation is made, furnished and distributed for information purposes only. No part of this presentation shall be relied upon directly or indirectly for any investment decision-making or for any other purposes. o This presentation and all other information, materials or documents provided in connection therewith, shall not, either in whole or in part, be reproduced, redistributed or made available to any other person, save in strict compliance with all applicable laws.

3 Agenda Company Overview 2Q15 Business Update 2Q15 & 1H15 Financial Performance Investment Plan

4 Agenda Company Overview 2Q15 Business Update 2Q15 & 1H15 Financial Performance Investment Plan

5 The third decade of business Launched Listed on the MAI Started online business Launched digital agency and IT development Grand opening central online Founded OfficeMate to sell stationary and office supplies via catalog and call center 2008 Transformed to Public Company Limited 2012 Merged with Office Club (Thai) & B2S Listed on the SET 2014 Opened online book store B2S acquired 75% of MEB Corporation (E-Book business) Launched E-Book (The 1Book) Changed the company name to COL Started printing solution & furniture layout service E-ordering service

6 To become a leader in retail biz thru effective store network and online system in ASEAN 4 Group of businesses No.1 office supplies solution provider 1 2 in Thailand No.1 book, edutainment, stationery & lifestyle store in Thailand Store & Call center Online shopping business operating Central 3 4 Group's e-commerce system & applications Store &E-business Retail Technology & Digital agency E-commerce & Marketplace

7 With 143 nationwide store location North OfficeMate B2S 3 stores 8 stores North East OfficeMate B2S 3 stores 9 stores Distribution Center Central OfficeMate B2S 2 stores 7 stores Total Store Network OfficeMate 55 stores B2S 88 stores 25,000sq.m. Bangkok OfficeMate B2S 36 stores 46 stores East OfficeMate B2S 6 stores 8 stores Delivery Fleets South OfficeMate B2S 5 stores 10 stores Over 200 trucks Remark: As of 30 June 2015

8 Share Capital Information Stock Information Major Shareholders Bloomberg/ Reuters: COL TB/ COL.BK Share price (21 Aug 2015): THB Historical price: 52-week high THB week low THB No. of paid up shares: 320 mn Par value: THB 1 Market Capitalization: THB 14 bn ,800 1,600 As of 30 June 2015 Ounjai family 12% Free Float 25% Chirathivat family 63% 50 1,400 1, , Dividend Policy At least 40% of net profit 10 COL 0 2/1/2013 2/1/2014 2/1/ SET Source: SET and COL

9 Agenda Company Overview 2Q15 Business Update 2Q15 & 1H15 Financial Performance Investment Plan

10 In-store service: Introduction of Pack n Post

11 In-store service: Furniture display at store Chair display at OfficeMate Chair display at B2S

12 Promotion: Big thanks Big surprise

13 Promotion: The 1 Card redemption

14 OfficeMate: 2 New stores opened Tesco Lotus Rama 1 CPN Rayong

15 B2S: 2 New stores opened CPN Rayong CPN Embassy

16 New COL brands One Products me.style Products

17 Furniture catalogue launched

18 B2S Marketing activities Greasy Café mini concert Start Up idea Elle Lifestyle Stationary Fate Diary Back to school roadshow เทยแฟร ฉ นเปล ยน เพราะเข ยนเป า April May June Time is valuable, spend it wisely to develop and pleasure yourself Be ready for school with essential tools for kids Health is the most importance to live longer and allow you to enjoy life even more.

19 Various online shopping promotions & campaigns Sales promotions Co-promotion with credit card

20 Latest development: OfficeMate Mobile App Magic search

21 Agenda Company Overview 2Q15 Business Update 2Q15 & 1H15 Financial Performance Investment Plan

22 Financial Summary 2Q15 Revenue Breakdown Highlights Rent & services 2% Other income 5% Net Sales 93% Unit: THB mn 2Q15 %YoY 1H15 %YoY Net sales 2, % 4, % Gross profit % 1, % EBITDA % % EBIT % % Net Profit % % Total Revenues (THB mn) 9,928 5,246 2,421 2,332 2,585 2,591 2,702 2, H15 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 Net sales Rental&Services Others

23 Sales Sales (THB mn) 8,509 9,208 2,211 2,179 2,402 2,417 2,477 2, H15 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 OfficeMate B2S 2Q15 Sales Breakdown Novelty & Private label 10% Furniture 7% Entertainment 8% Office supplies 37% 63% 37% Stationery 51% Computer 29% Remark: Online business is included in Officemate. Book 31% Writing instrument 14% Biz machine&others 13%

24 Gross Profit and SG&A Expenses Gross Profit (THB mn) 22.9% 23.6% 23.0% 24.2% 23.9% 23.7% 24.0% % Gross Profit Margin 1,950 2,173 1,008 1,165 1, Q15 1H % 24.0% 23.9% H14 2H14 1H15 1Q15 2Q15 OfficeMate B2S Gross Profit Margin 24.0% 2, % 2,342 SG&A Expenses (THB mn) 25.0% 25.8% 27.1% 27.9% 26.3% 1,243 1,309 1, Marketing 8% 2Q15 SG&A Breakdown Rental 19% D&A 9% Management fee 5% Other 20% H14 2H14 1H15 1Q15 2Q15 Total SG&A %SG&A to sales Personnel 39%

25 Profit and % Margin EBIT (THB mn) 6.0% 6.0% % 5.8% 5.2% 6.5% 3.9% H14 2H14 1H15 1Q15 2Q15 EBIT EBIT Margin Net profit (THB mn) 4.8% 4.8% % 4.6% 4.1% 5.2% 3.0% H14 2H14 1H15 1Q15 2Q15 Net Profit Net Margin

26 Capital structure Total debts and D/E ratio ,567 4,708 4,626 4,747 4,851 4,981 4,876 2,394 2,182 2,156 2,457 2,503 2,413 2, Q14 2Q14 3Q Q15 2Q15 Total debts (THB mn) Total Equities D/E (x)

27 Agenda Company Overview 2Q15 Business Update 2Q15 & 1H15 Financial Performance Investment Plan

28 2015 Store expansion plan (revised) 1H15 4 New 2H15 4 New Stores 1H15 4 New 2H15 7 New Stores

29 Continue to grow market share by own brands

30 Partnership campaigns

31 More convenient for shopping online Click & Collect at Central Chidlom

32 Move towards solution agency provider SOLUTiONS AGENCY Retail Technology Online Solution ecommerce Platform Digital Marketing

33 Q&A

34 THANK YOU For further information & enquiries, please contact Investor Relations Department Tel: