Rak Ceramics Pjsc · ADX:RAKCEC
Rak Ceramics Pjsc — Shareholder Meeting (March 2021)
8 slides from Rak Ceramics Pjsc's shareholder meeting presentation, Mar 30, 2021
Slide 1: Annual General Meeting
2020 ANNUAL GENERAL MEETING ANNUAL GENERAL MEETING 30TH MARCH 2021 RAK Ceramics PJSC © 2021 All rights reserved 1
Slide 2: Strong rebound in Q4 2020
2020 ANNUAL GENERAL MEETING Strong rebound in Q4 2020 MANAGEMENT COMMENTS QUARTERLY & YEARLY SEGMENT REVENUE (AEDM) 2020 performance started well in Q1 but was negatively impacted in Q2 720 2,575 due to COVID-19 pandemic 2,350 626 42 138 lockdowns across all our core 593 43 131 markets. 269 35 147 M
Slide 3: Mitigating the impact of Covid-19 in 2020
2020 ANNUAL GENERAL MEETING Mitigating the impact of Covid-19 in 2020 PROTECT TURNAROUND IMPROVE GROW • UAE Market was impacted • RAK India was able to stop • In export markets, the • Saudi Arabia grew by heavily due to lockdown in historical losses in Q4 focus was on maintaining 57.9% despite borde
Slide 4: FY 2020 Key financial highlights
2020 ANNUAL GENERAL MEETING FY 2020 Key nancial highlights TOTAL REVENUE (AED MN) GROSS PROFIT MARGIN (%) SELLING & ADMIN EXPENSES FIXED (AED MN) +1.0% Excluding Q2 -40bps at 32.8% Excluding Q2 -8.7%* -120bps -59.7MN 460.4 400.7 2,349.5 2,574.5 32.0% 33.2% 208.7 249.7 192.0 210.7 2020 2019 2020 2019
Slide 5: Net profit bridge
2020 ANNUAL GENERAL MEETING Net pro t bridge 2020 VS 2019 (AEDM) 205.2 -22.1 183.0 42.9 -9.1 -57.2 -46.9 -2.6 110.1 -236.3 -126.2 Net Pro t Provision for Net pro t Savings from Hyperin ation Tableware Higher freight on Others* Net pro t Impairment Net Loss 2019 Iraq project without xed SG&A* impact
Slide 6: Balance sheet highlights
2020 ANNUAL GENERAL MEETING Balance sheet highlights 2020 RESULTS RETURN ON EQUITY (%) WORKING CAPITAL CYCLE (DAYS) 228 242 Inventory days decreased from 258 days 246 258 7.7 to 246 days YoY. 56 53 Trade receivable days increased from 119 days in 2019 to 125 days in 2020 due to 4.3 125 119 decreased
Slide 7: Strategic initiatives and Priorities 2021
EFG HERMES VIRTUAL INVESTOR CONFERENCE 2021 Strategic initiatives and Priorities 2021 Protect Market Share Improve tableware performance Build On Protect market share and Improve performance in light of Retail concept in focus markets profitability in the UAE, Bangladesh the ongoing impact in the Ai
Slide 8: 2020 ANNUAL GENERAL MEETING RAK Ceramics PJSC © 2021 All rights reserved
2020 ANNUAL GENERAL MEETING RAK Ceramics PJSC © 2021 All rights reserved 8