Savola Group · TADAWUL:2050
Savola — Q1 2016 Earnings Presentation
19 slides from Savola's earnings presentation, 2016
Slide 1: Q1 2016 Earnings Presentation
Q1 2016 Earnings Presentation 1
Slide 2: Group Highlights
Group Highlights
Slide 3: Group Highlights
Group Highlights All numbers are in SAR million unless specified Revenue Gross Profit EBIT Net Income 6,023 1,223 285 93 Q -3.2% vs.LY +5.5% vs. LY -23.0% vs. LY -80.3% vs. LY 1 3
Slide 4: Group Highlights – One offs
Group Highlights – One offs Q1 2016: – Share of loss from associate (SAR 20.4 mln) Q4 2015: – Capital gain from sale of land (SAR 39 mln) – Insurance claim settlement due to the fire in raw sugar warehouse in 2013 (SAR 94.2 mln) Q1 2015: – Capital gain from the sale of packaging business (SAR
Slide 5: Group Financial Highlights
Group Financial Highlights All numbers are in SAR million unless specified YoY Sales YoY Gross Profit -3.2% +5.5% 6,224 6,023 1,159 1,223 Q1`15 Q1`16 Q1`15 Q1`16 18.6% 20.3% YoY EBIT YoY Net Operating Income -23.0% 371 -54.8% 285 206 93 Q1`15 Q1`16 Q1`15 Q1`16 6.2% 4.7% 3.3% 1.5% Margin Growth 5
Slide 6: Revenue Mix by Business FY 2016
Revenue Mix by Business FY 2016 All numbers are in SAR million unless specified Revenue Revenue YTD 2015 YTD 2016 49% 46% 51% 3,092 54% Foods Retail Foods Retail 6
Slide 7: Capital Expenditure By Segment
Capital Expenditure By Segment All numbers are in SAR million unless specified +33.6% -33.5% 163 364 122 242 YTD 2015 YTD 2016 YTD 2015 YTD 2016 Foods Retail 7
Slide 8: Foods Highlights
Foods Highlights
Slide 9: Foods Highlights
Foods Highlights All numbers are in SAR million unless specified Volume Revenue Gross Profit Net Income (‘000MT) 2,820 399 56 850 Q -8.6% vs.LY -9.3% vs. LY -40.7% vs. LY +4.4% vs. LY 1 9
Slide 10: Foods Financial Highlights
Foods Financial Highlights All numbers are in SAR million unless specified YoY Sales YoY Gross Profit -8.6% -9.3% 3,087 2,820 439 399 Q1`15 Q1`16 Q1`15 Q1`16 14.2% 14.1% YoY EBITDA YoY Net Income -14.3% -40.7% 275 236 95 56 Q1`15 Q1`16 Q1`15 Q1`16 8.9% 8.4% 3.1% 2.0% Margin Growth 10
Slide 11: Revenue Breakdown By Category
Revenue Breakdown By Category All numbers are in SAR million unless specified -8.6% 3,087 4% 2,820 5% 22% Pasta 26% YoY +14% Sugar YoY +8% Oil YoY -15% 74% 69% YTD 2015 YTD 2016 11
Slide 12: Volume Breakdown By Category
Volume Breakdown By Category Thousand tonnes unless specified otherwise +4.4% 850 814 8% Pasta 7% YoY +23% Sugar YoY +16% Oil 41% 45% YoY -7% 53% 47% YTD 2015 YTD 2016 13
Slide 13: Volume Breakdown By Geography
Volume Breakdown By Geography Thousand tonnes unless specified otherwise 850 814 2% 2% 3% Morocco 3% 2% YoY +6% 2% 4% 5% Algeria 15% YoY +14% 17% Sudan YoY -4% 21% Turkey 21% YoY -5% Iran YoY -8% Egypt YoY +6% KSA 49% 51% YoY +9% YTD 2015 YTD 2016 14
Slide 14: Retail Highlights
Retail Highlights
Slide 15: Retail Highlights
Retail Highlights All numbers are in SAR million unless specified Stores Revenue Gross Profit Net Income Openings 3,271 824 -21 5 Q +2.5% vs.LY +14.5% vs. LY NA vs. LY 0 hypermarket 1 4 supermarkets 1 Pandati 16
Slide 16: Retail Financial Highlights
Retail Financial Highlights All numbers are in SAR million unless specified YoY Sales YoY Gross Profit +2.5% 3,192 3,271 +14.4% 720 824 Q1`15 Q1`16 Q1`15 Q1`16 22.6% 25.2% YoY EBITDA YoY Net Income +1.8% -216.7% 110 112 18 -21 Q1`15 Q1`16 Q1`15 Q1`16 3.5% 3.4% 0.6% -0.6% Margin Growth 18
Slide 17: Number of Stores and Selling Area
Number of Stores and Selling Area Super Hyper 152 154 4 2 64 64 0 0 2015 Openings Closures YTD’16 2015 Openings Closures YTD’16 Pandati Selling Area Total Selling Area 747,544 m2 742,113 m2 498 5 53 450 282 1 51 232 2015 Openings Closures YTD’16 2015 Openings Closures YTD’16 19
Slide 18: Appendix
Appendix
Slide 19: Quarterly Financials – Q1
Quarterly Financials – Q1 (all figures are in SAR millions) Segment Wise Financials Q1- 2016 Q1- 2015 Revenue Gross Profit EBIT Net Income EBITDA Revenue Gross Profit EBIT Net Income EBITDA Food Oil-Mature Markets 1,675 292 153 107 175 1,930 331 198 119 219 Oil-Start-up Markets* 273 39 14 9 18 354 6