investor relation

Investors Latest News

Flash Note - 1QFY15 Result
08 May 2015

7 May 2015

Flash Note : 1QFY15 Unaudited Financial Results

1QFY15 Financial Highlights :

  1. Consolidated Financials

Consolidated Revenue Contribution

 

1QFY15

1QFY14

7-Eleven business

68%

32%

Industrial business

32%

68%

 

  1. 7-Eleven Financials

  • Consolidated revenue in 1QFY15 recorded a slight decrease of  -2.4% year on year (y-o-y), due mainly to lower sales from the Industrial Business Segment as a result of low seasonality effect  for 1st quarter of the year. Typically, clients do not spend much during first quarter as they work towards finalizing their budget spend for the year.  The fall in sales from Industrial Business Segment was compensated by the increase in 7-Eleven’s sales by 6.8% growth y-o-y .
  • 7-Eleven’s operations continued to show strength by recording  a 6.8%  y-o-y growth in sales and 7.3%      y-o-y growth in gross profit.  EBITDA grew faster at a rate of 27.5%  y-o-y as EBITDA margin increased from 17.6% to 20.9% due to improved sales of Fresh Food and Proprietary Beverages that resulted in higher gross profit and operating income.
  • SSSG 1QFY15 grew by 4.1% on the back of a challenging operating environment where the overall Indonesian economy shrank by 0.18% for 1QFY2015 and consumer confidence index fell to 116.9 in March 2015 from 120.2 in January and February 2015. The SSSG was supported by 7-Eleven’s introduction of more fresh food SKUs and proprietary beverages and more active promotion in collaboration with Telkomsel and CIMBNiaga.
  • In 1QFY15, 3 new stores opened at Pasar Pagi, Raffles Djuanda and Salemba Raya. However, 3 stores were closed where 2 were due to insurer’s reluctance to insure against flood and 1 was due to landlord request for closure due to redevelopment plans.
  •  For more details of PT Modern Internasional Tbk 1QFY15 Financial Report, please download at this link : http://www.moderninternasional.co.id/investor-relation/financial_reports/1/15

 

Investor Relation Division

PIC : Tina Novita

Email : tina.novita@moderninternasional.co.id

PT. Modern Internasional Tbk

JL Matraman Raya No 12, Jakarta 11350

Phone 021 -2801000 ext 753