Slide 1: Unaudited trading update for the three months ended 31 March 2018
Global Interior Solutions Ver 05 | 23/04/2018 Depa Limited Unaudited trading update for the three months ended 31 March 2018 d e p a . c o m
Slide 2: Q1 2018 Highlights
Q1 2018 Highlights Revenue Strong revenue generation AED 409.0mn, AED 409.0mn up AED 39.5mn or 11% on Q1 2017 (AED 369.5) Net Profit Net profit after NCI of AED 7.2mn AED 7.2mn Net cash Net cash excluding restricted cash of AED 230.0mn, AED 230.0mn up AED 41.4mn or 22% on Q1 2017 (AED 188.6mn) Backl
Slide 3: Strategy update
Strategy update Following the completion of the first two phases of our strategy, the Group is focused on achieving its strategic objectives of delivering consistent sustainable top and bottom line growth, cash-backed profit and long-term shareholder value creation: 1. Improve the quality and quanti
Slide 4: Key business unit performance
Key business unit performance Positive operational momentum across the Group Vedder • Secured a major luxury superyacht project, worth EUR 29mn (more than AED 130mn) Depa Interiors • New Managing Director, Kevin Lewis, appointed with a focus on growing the business in addressable market (Expo 2020)
Slide 5: Backlog
Backlog Project Backlog By geography 2,000 1,794 1,895 5% 23% 1,500 AED mn 1,000 44% 500 28% 0 Dec-17 Mar-18 Asia Europe Middle East Other Top 10 projects (by backlog) Projects Country AED mn By key business unit Infrastructure works, Riyadh Kingdom of Saudi Arabia 186 Private yacht interiors projec
Slide 6: Outlook
Outlook • The quality and strength of Depa’s backlog, a solid pipeline of prospective work and a strong net cash position ensure that the Group is well placed to succeed in its core markets and navigate risk • The strong market leading positions enjoyed by each of its key business units will enable
Slide 7: Cautionary statement
Cautionary statement This document contains certain 'forward looking statements' with respect to Depa's financial condition, results of operations and business, and certain of Depa's plans and objectives with respect to these items. By their very nature, forward looking statements are inherently unp