Agility Public Warehousing Co. K.s.c. · KSE:MKHZN
Agility Public Warehousing Co. K.s.c — Agility Public Warehousing Company K.S.C.P. — Q2 2025 Earnings Presentation
19 slides from Agility Public Warehousing Co. K.s.c's earnings presentation, August 2025
Slide 1: Agility Global Q2 2025 Presentation
Agility Global Q2 2025 Presentation August 2025
Slide 2: Agenda
Agenda 1. Key Financial Highlights 2. Q2 Results 3. Owned & Operated Businesses 4. Investments 5. Q&A 2
Slide 3: Key Financial Highlights
Key Financial Highlights 3
Slide 4: Agility Global Update
Agility Global Update Latest Update during 2Q 2025 Controlled Segment ▪ Foreign Exchange (FX): The Euro appreciated significantly against The US Q2 2025 H1 2025 Dollar. Euro 1.3B hedged; from our long Euro Exposure (Mainly DSV) ▪ DSV Hedge as of today includes 12M shares in total. In summary: ▪ 8M h
Slide 5: Q2 & H1 Results
Q2 & H1 Results 5
Slide 6: Executive Summary by Key Segment
Executive Summary by Key Segment EBIT Performance Investment Pillar Million USD Q2 ‘25 Q2 ‘24 % H1 ‘25 H1 ‘24 % Million USD Jun ‘25 Mar ‘25 % Dec ‘24 % Remarks DSV Investment 4,616 3,734 24% 4,126 12% 19.3 Mn shares Menzies 55 44 24% 97 85 14% Equity Collar 8 119 -93% (136) -106% 11 Mn shares Trista
Slide 7: Key Operating Segments Performance – QTD
Key Operating Segments Performance – QTD 2Q 2025 represented continued top line growth supported by Menzies expansion into European markets and Tristar’s commercial fuel in Sri Lanka. Summary by business Menzies Tristar ALP Others Investments Relative Contribution +9% -11% +17% 12% 691 +13% 169 632
Slide 8: Key Operating Segments Performance – YTD
Key Operating Segments Performance – YTD 1H continues with the top line trend. Menzies and ALP continue translating top line growth to EBIT while Tristar faces headwinds Summary by business Menzies Tristar ALP Others Investments Relative Contribution +11% -6% +26% 12% 1,340 +10% 307 1,209 686 289 1%
Slide 9: Balance Sheet (in $M)
Balance Sheet (in $M) Assets grew 8% for the period mainly from the investment in DSV Balance sheet Jun ‘25 Jun ‘24 % Assets Assets Equity & Liabilities Current assets 2,458 2,040 21% 20% 16% Current Assets Current Liabilities Financials assets at FV through OCI 4,706 4,199 12% 46% Investments Non-C
Slide 10: Net debt (in $M)
Net debt (in $M) in USD million Mar 2025 Dec 2024 Change Key Debt components $ (millions) Jun-25 Dec-24 Change Interest-bearing loans 4,202 3,414 788 Funded collar on DSV Shares1 1,852 2,367 (515) Lease liability (current & non- Debt in Corporate 1,162 291 871 761 789 (28) current) Businesses own ex
Slide 11: Cash Flow Statement (in $M)
Cash Flow Statement (in $M) Continued investment in operating business Cash Flow Statement H1-25 H1-24 % Capex and investments ($ mln) Operating profits before changes in 310 294 5% 132 196 working capital 32% Changes in working capital (50) (49) 4% Investment (43) 52% (101) Other Items (36) (24) 51
Slide 12: Owned & Operated Businesses
Owned & Operated Businesses Menzies Tristar Logistics Parks 12
Slide 13: Menzies
Menzies Growth in new operations fully translated in 1H results, with Europe and Ground Handling driving performance improvement. Summary $M Revenue by Region $M Product Details +131 1.209 1.340 (+11%) KPIs (000) H1 24 H1 25 % 1,340 1,209 Revenue GH Turns 698.2 756.7 +8.4% 33% 29% Cargo Tons 1,166.3
Slide 14: Tristar
Tristar Top line growth healthy, however operational performance facing headwinds mainly in Maritime. Summary $M Revenue by Product $M +140 546 686 (+26%) 686 Revenue 546 38% 47% H1-24 H1-25 -4 (-3%) 128 124 EBITDA 35% 32% H1-24 H1-25 -18 18% 77 (-24%) 13% 59 EBIT 9% 8% H1-24 H1-25 H1-24 H1-25 Fuels
Slide 15: Agility Logistics Parks
Agility Logistics Parks Development of new warehousing facilities in KSA is progressing as per guidance, to meet the continued strong demand in the region. Summary $M Warehouses under construction (‘000 sqm) +3 (+10%) 25 28 226K SQM Revenue 114 1,131 84 28 0 905 H1-24 H1-25 +1 (+5%) 19 20 EBITDA H1-
Slide 16: Investments
Investments © Dsv © Reem Mall —_—
Slide 17: DSV
DSV Top 3 global leader in freight forwarding, supply chain solutions and road transportation Outlook FY 2024 and Consensus1 FY Consensus(1) FY FY FY 2028E 24-28 CAGR 2024A 2025E 2028E ($ M) Median 1,778 DKK Revenue 167,106 254,446 322,527 50,776 17.9% +18% Net Revenue 42,974 67,521 88,219 13,888 19
Slide 18: Reem Mall
Reem Mall Focus on improving footfall and leasable GLA Key figures Project Profile (not consolidated in Agility) Key performance H1-2025 Reem Mall Features Aggregated app +0.7 Enabling consumers to shop (+26%) and experience the mall Ownership 3.4 digitally, as well as in-person 2.7 E-commerce & las
Slide 19: Thank you!
Thank you! Agility Os
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