Sampoerna Agro Tbk.
PT SAMPOERNA AGRO Tbk
COMPANY NEWSLETTER
October 2014 issue
summary
SUSTAINABLE DISCOVERY
Jakarta, 30 October 2014 – PT Sampoerna Agro Tbk and subsidiaries “a poer a Agro" or the
Co pa
released its unaudited financial and operational results for the nine months ending in 30
September 2014 9M14 .
Sampoerna Agro posted revenue amounting to Rp2,482.88 billion in 9M14, or 72% higher than the same
period in the previous year 9M13 . The increase was largely attributable to higher sales contribution
from CPO and PK, which if combined, amounted to Rp2,361.52 billion, or 95% of total revenue. Starting
with CPO as the top contributor, average selling price and sales volume in 9M14 over 9M13 rose by 29%
and 34% respectively. PK contributions also climbed owing to 65% higher selling price and 25% more
sales volumes.
Aside from rising financial performance, both plantation regions in Sumatra and Kalimantan also booked
strong operational growth. For instance, FFB production volume within the same period managed to
increase sizably from 804,341 tons in 9M13 to 1,170,422 tons in 9M14, or 46% higher because FFB
output from Sumatra reached 46% higher while Kalimantan booked 44% more output.
Strong FFB output growth was further enhanced by improving oil extraction rates in Sumatra and
Kalimantan estates during the same period as a result of some intensification efforts within the past
couple years. Hence, total CPO output for the Company climbed 55% higher in 9M14 from 158,863 tons
in 9M13 to reach 245,573 tons in 9M14.
We are also pleased to announce that Sampoerna Agro is in the process of introducing four new variants
of DxP Sriwijaya seeds through PT Binasawit Makmur. The new variants means that existing portfolio
that the Company produce will grow to become ten various types. These new variants, once certified,
could be the first semi clone seeds to be introduced in Indonesia. It took around eight years of research
activities to discover these semi clone seeds considering that initial work dated back from 2006 when
progeny tests were conducted within our 540-hectare seed garden in South Sumatra.
Main benefits of using the new semi clones include 10%-15% higher productivity on top of the current
superior seeds and a relatively more uniformity in plant performance. At this time, Management has
already initiated field preparations to use these semi clone variants for own expansions as early as 2015.
The discovery is another testament by Sampoerna Agro towards sustainability not for the Company
alone but also for the industry as a whole.
-o0o-
Sumatera: Jln. Basuki Rahmat No. 788, Palembang 30127, Sumatera Selatan, Indonesia Tel +62-711 813388 Fax +62-711 811585
Jakarta : Sampoerna Strategic Square, North Tower, 28th Floor, Jln. Sudirman Kav. 45, Jakarta 12930, Indonesia
Tel +62-21 5771711 Fax +62-21 5771712 http://www.sampoernaagro.com
PT SAMPOERNA AGRO Tbk
COMPANY NEWSLETTER
October 2014 issue
corporate details
o
Area statement (oil palm only) as of September 2014:
mature
immature
total
o
Sumatra
nucleus plasma
34,561 42,581
7,503
1,715
42,064 44,296
Kalimantan
nucleus
mitra
77,142 21,177
3,599
9,218 11,204
2,181
86,360 32,381
5,780
Sub-T
Sub-T
TOTAL
24,776
13,385
38,161
101,918
22,603
124,521
Production of several key products:
in tons
FFB - nucleus
FFB - external
CPO
P.Kernel
G.Seeds (1000s)
Jan-14
54,534
39,836
17,726
4,515
660
Feb-14
47,433
27,647
16,346
3,923
921
Mar-14
61,709
34,199
19,177
4,299
566
Apr-14
74,334
57,458
25,729
6,071
481
May-14
75,507
69,677
30,942
7,205
941
Jun-14
69,512
80,097
32,125
7,405
299
Jul-14
63,533
71,648
28,898
6,754
830
Aug-14
90,334
101,549
40,946
9,561
499
Sep-14
68,307
83,109
33,683
8,455
760
YTD 14
605,203
565,219
245,573
58,186
5,956
YTD 13
398,950
405,391
158,863
42,657
6,817
∆
+52%
+39%
+55%
+36%
-13%
YTD 14
8,528
8,534
5,148
7,635
YTD 13
6,612
6,543
3,113
7,125
∆
+29%
+30%
+65%
+7%
Note: Not all FFB was processed by palm oil mill within the same month it was harvested
o
Average selling price of several key products:
in Rp/kg
Jan-14
CPO
8,578
CPOᵋ
8,578
P.Kernel
5,444
G.Seeds (Rp/unit) 8,000
Feb-14
8,898
8,898
5,639
7,853
Mar-14
9,319
9,319
5,908
7,529
Apr-14
9,047
9,047
6,159
7,476
May-14
8,779
8,779
5,814
7,326
Jun-14
8,599
8,599
5,708
7,261
Jul-14
8,557
8,604
5,422
8,003
Aug-14
8,116
8,116
4,370
7,322
Sep-14
7,774
7,774
3,626
8,577
May-14
197.13
36.74
2.58
4.20
240.65
Jun-14
309.01
42.37
4.84
2.91
359.13
Jul-14
270.75
42.30
2.40
4.69
320.14
Aug-14
299.90
36.76
4.60
3.12
344.38
Sep-14
YTD 14
YTD 13
∆
315.17 2,067.38 1,198.32 +73%
37.15
294.14
142.59 +106%
2.58
33.83
36.93
-8%
7.66
87.54
64.89 +35%
362.56 2,482.88 1,442.73 +72%
Note: CPOᵋ price is et of e port ta
o
Revenue breakdown by key products:
in Rp bn
CPO
P.Kernel
G.Seeds
Others
Total Sales
Jan-14
110.43
24.16
5.05
18.96
158.60
Feb-14
185.38
15.41
3.07
6.32
210.18
Mar-14
238.91
21.66
4.54
15.74
280.85
Apr-14
140.71
37.61
4.17
23.92
206.40
Note: Others are revenue generated from sago, rubber, FFB, PKO, and PKE
FFB Production - YTD 2014
Kalimantan
28%
FFB Production - YTD 2013
Kalimantan
28%
Sumatra
72%
Sumatra
72%
For further inquiries, please contact us at investor.relations@sampoernaagro.com
Sumatera: Jln. Basuki Rahmat No. 788, Palembang 30127, Sumatera Selatan, Indonesia Tel +62-711 813388 Fax +62-711 811585
Jakarta : Sampoerna Strategic Square, North Tower, 28th Floor, Jln. Sudirman Kav. 45, Jakarta 12930, Indonesia
Tel +62-21 5771711 Fax +62-21 5771712 http://www.sampoernaagro.com
COMPANY NEWSLETTER
October 2014 issue
summary
SUSTAINABLE DISCOVERY
Jakarta, 30 October 2014 – PT Sampoerna Agro Tbk and subsidiaries “a poer a Agro" or the
Co pa
released its unaudited financial and operational results for the nine months ending in 30
September 2014 9M14 .
Sampoerna Agro posted revenue amounting to Rp2,482.88 billion in 9M14, or 72% higher than the same
period in the previous year 9M13 . The increase was largely attributable to higher sales contribution
from CPO and PK, which if combined, amounted to Rp2,361.52 billion, or 95% of total revenue. Starting
with CPO as the top contributor, average selling price and sales volume in 9M14 over 9M13 rose by 29%
and 34% respectively. PK contributions also climbed owing to 65% higher selling price and 25% more
sales volumes.
Aside from rising financial performance, both plantation regions in Sumatra and Kalimantan also booked
strong operational growth. For instance, FFB production volume within the same period managed to
increase sizably from 804,341 tons in 9M13 to 1,170,422 tons in 9M14, or 46% higher because FFB
output from Sumatra reached 46% higher while Kalimantan booked 44% more output.
Strong FFB output growth was further enhanced by improving oil extraction rates in Sumatra and
Kalimantan estates during the same period as a result of some intensification efforts within the past
couple years. Hence, total CPO output for the Company climbed 55% higher in 9M14 from 158,863 tons
in 9M13 to reach 245,573 tons in 9M14.
We are also pleased to announce that Sampoerna Agro is in the process of introducing four new variants
of DxP Sriwijaya seeds through PT Binasawit Makmur. The new variants means that existing portfolio
that the Company produce will grow to become ten various types. These new variants, once certified,
could be the first semi clone seeds to be introduced in Indonesia. It took around eight years of research
activities to discover these semi clone seeds considering that initial work dated back from 2006 when
progeny tests were conducted within our 540-hectare seed garden in South Sumatra.
Main benefits of using the new semi clones include 10%-15% higher productivity on top of the current
superior seeds and a relatively more uniformity in plant performance. At this time, Management has
already initiated field preparations to use these semi clone variants for own expansions as early as 2015.
The discovery is another testament by Sampoerna Agro towards sustainability not for the Company
alone but also for the industry as a whole.
-o0o-
Sumatera: Jln. Basuki Rahmat No. 788, Palembang 30127, Sumatera Selatan, Indonesia Tel +62-711 813388 Fax +62-711 811585
Jakarta : Sampoerna Strategic Square, North Tower, 28th Floor, Jln. Sudirman Kav. 45, Jakarta 12930, Indonesia
Tel +62-21 5771711 Fax +62-21 5771712 http://www.sampoernaagro.com
PT SAMPOERNA AGRO Tbk
COMPANY NEWSLETTER
October 2014 issue
corporate details
o
Area statement (oil palm only) as of September 2014:
mature
immature
total
o
Sumatra
nucleus plasma
34,561 42,581
7,503
1,715
42,064 44,296
Kalimantan
nucleus
mitra
77,142 21,177
3,599
9,218 11,204
2,181
86,360 32,381
5,780
Sub-T
Sub-T
TOTAL
24,776
13,385
38,161
101,918
22,603
124,521
Production of several key products:
in tons
FFB - nucleus
FFB - external
CPO
P.Kernel
G.Seeds (1000s)
Jan-14
54,534
39,836
17,726
4,515
660
Feb-14
47,433
27,647
16,346
3,923
921
Mar-14
61,709
34,199
19,177
4,299
566
Apr-14
74,334
57,458
25,729
6,071
481
May-14
75,507
69,677
30,942
7,205
941
Jun-14
69,512
80,097
32,125
7,405
299
Jul-14
63,533
71,648
28,898
6,754
830
Aug-14
90,334
101,549
40,946
9,561
499
Sep-14
68,307
83,109
33,683
8,455
760
YTD 14
605,203
565,219
245,573
58,186
5,956
YTD 13
398,950
405,391
158,863
42,657
6,817
∆
+52%
+39%
+55%
+36%
-13%
YTD 14
8,528
8,534
5,148
7,635
YTD 13
6,612
6,543
3,113
7,125
∆
+29%
+30%
+65%
+7%
Note: Not all FFB was processed by palm oil mill within the same month it was harvested
o
Average selling price of several key products:
in Rp/kg
Jan-14
CPO
8,578
CPOᵋ
8,578
P.Kernel
5,444
G.Seeds (Rp/unit) 8,000
Feb-14
8,898
8,898
5,639
7,853
Mar-14
9,319
9,319
5,908
7,529
Apr-14
9,047
9,047
6,159
7,476
May-14
8,779
8,779
5,814
7,326
Jun-14
8,599
8,599
5,708
7,261
Jul-14
8,557
8,604
5,422
8,003
Aug-14
8,116
8,116
4,370
7,322
Sep-14
7,774
7,774
3,626
8,577
May-14
197.13
36.74
2.58
4.20
240.65
Jun-14
309.01
42.37
4.84
2.91
359.13
Jul-14
270.75
42.30
2.40
4.69
320.14
Aug-14
299.90
36.76
4.60
3.12
344.38
Sep-14
YTD 14
YTD 13
∆
315.17 2,067.38 1,198.32 +73%
37.15
294.14
142.59 +106%
2.58
33.83
36.93
-8%
7.66
87.54
64.89 +35%
362.56 2,482.88 1,442.73 +72%
Note: CPOᵋ price is et of e port ta
o
Revenue breakdown by key products:
in Rp bn
CPO
P.Kernel
G.Seeds
Others
Total Sales
Jan-14
110.43
24.16
5.05
18.96
158.60
Feb-14
185.38
15.41
3.07
6.32
210.18
Mar-14
238.91
21.66
4.54
15.74
280.85
Apr-14
140.71
37.61
4.17
23.92
206.40
Note: Others are revenue generated from sago, rubber, FFB, PKO, and PKE
FFB Production - YTD 2014
Kalimantan
28%
FFB Production - YTD 2013
Kalimantan
28%
Sumatra
72%
Sumatra
72%
For further inquiries, please contact us at investor.relations@sampoernaagro.com
Sumatera: Jln. Basuki Rahmat No. 788, Palembang 30127, Sumatera Selatan, Indonesia Tel +62-711 813388 Fax +62-711 811585
Jakarta : Sampoerna Strategic Square, North Tower, 28th Floor, Jln. Sudirman Kav. 45, Jakarta 12930, Indonesia
Tel +62-21 5771711 Fax +62-21 5771712 http://www.sampoernaagro.com