Action S.A. · GPW:ACT
Action — H1 2016 Earnings Presentation
20 slides from Action's earnings presentation, 2016
Slide 1: Results Presentation for 1st half of Financial Year 2016
Results Presentation for 1st half of Financial Year 2016
Slide 2: ACTION is still in the game, a few words about restructuring proceedings
ACTION is still in the game, a few words about restructuring proceedings
Slide 3: Reasons of Initiation of restructuring proceedings with respect to Action
Reasons of Initiation of restructuring proceedings with respect to Action Job protection for employees Business Protection - Maintain its market position Protection the Financial Liquidity Time to prove our rights 3 3
Slide 4: Media about us
Media about us Whole number of publication from 04.07 to overtone publication 11.09 11-18.07 18-25.07 25-01.07 01-08.08 08-15.08 48 195 147 559 300 Increased interest of Media Updated period:11.07-15.08 4
Slide 5: Restructuring as a Chance to change ACTION
Restructuring as a Chance to change ACTION Initiation of Direct channels restructuring proceedings logistics Strong business foundation Concentration producers in same players the scale of business Changing buying habits (the purchasing power of the new generation) Lack of innovative products market
Slide 6: Restructuring Plans ACTION
Restructuring Plans ACTION Significant reduction of low-margin contracts and financing projects Focus on the further development of distribution channels, based on the construction of value-added, The most profitable and fastest rafting receivables Consolidation of GK ACTION SA with a focus on build
Slide 7: Restructuring Proceedings Schedule
Restructuring Proceedings Schedule Submission of the Planed ending of restructuring and list of restructuring procedings creditors 01.08.2016 31.10.2016 2017 / IQ 2018 Initiation of restructuring Restructuring Actions proceedings 7
Slide 8: Financial results
Financial results
Slide 9: Selected consolidated financial data of ACTION S.A.
Selected consolidated financial data of ACTION S.A. IIQ 2015 IIQ 2016 Zmiana % IH 2015 IH 2016 Zmiana % Revenues from sales of products 1 023 582 648 626 -37% 2 283 230 1 578 123 -31% Gross profit 48 133 39 393 -18% 100 846 87 011 -14% profitability gross margin 4,7% 6,1% +1,4 p.p 4,4% 5,5% +1,1 p.p
Slide 10: Cash Flow
Cash Flow IH 2015 IH 2016 Net cash flows from operating activities -26 909 43 580 Net cash flows from investing activities -14 116 -2 472 Net cash flows from financing activities -28 433 -7 373 10
Slide 11: Cash conversion cycle
Cash conversion cycle IH 2015 IH 2016 Warehouse rotation 39 45 Incoming receivables 32 27 Obligtions repayment 43 43 Cash conversion 28 29 11
Slide 12: We count for
We count for
Slide 13: ACTION Europe
ACTION Europe A positive result for the first half 2016 Good prospects for the next quarter Positive effect of restructuring - optimization of employment - elimination of unprofitable product lines - adjust the structure of sales to market dynamics Inwestycja w system WMS: New procedures for the exc
Slide 14: ACTION Europe
ACTION Europe Building a broad recognition of own brands on the German market Regular shares trade in cooperation with the network NORMA Maintaining a stable level of customer base Participation in the International Trade Fair for Information Technology and Telecommunications – CEBIT. 14
Slide 15: Sferis
Sferis — Orientation on the search for new locations: — new stores in Poznan (Gallery Posnania) and in Warsaw (North Gallery) Investment in new tools in the Internet channel: goal: gradual increase of visits and purchases on the website Innovative industry marketing: sponsoring a professional team o
Slide 16: Actionmed
Actionmed PwC Report: Spending on private health care in Central and Eastern Europe grow 6 percent in a year, so two times faster than public outgoings, because a growing demand for innovative technological solutions for patients The market value of private health services in the countries of Centra
Slide 17: Actionmed
Actionmed Won a tender to supply equipment to the hospital in Bartoszyce together with MedFinance: project value: approx. 5 million zł participation Actionmed 3.5 million zł Finalized implementation of two automated X-ray machines Samsung in a hospital in Legnica (automated X-ray Samsung GC-85 with
Slide 18: Active&Food
Active&Food Participation in the fair: SIAL Shanghai - the largest food industry trade fair in Asia (05.05- 07.05.2016); transfer of an offer to more than 100 business customers IFE Guangzhou - one of the most important B2B trade fairs? Imported food in South China (29.06-01.07.2016); establish coop
Slide 19: Active&Food
Active&Food The first commercial activities: - Preparation and shipment of over 100 pallets of breakfast products for the retail network of Guangdong province. Preparing a plan supplies approx. 20 containers in 2016 and more than 50 containers for 2,017 years. - Preparation and approval of labels fo
Slide 20: Thank you for your attention
V4\ACTION" Thank you for your attention