Rak Ceramics Pjsc · ADX:RAKCEC
Rak Ceramics Pjsc — Shareholder Meeting (March 2023)
6 slides from Rak Ceramics Pjsc's shareholder meeting presentation, Mar 10, 2023
Slide 1: Annual General Meeting 2023
ANNUAL GENERAL MEETING 2023 ANNUAL GENERAL MEETING 2023 10 TH MARCH 2023 RAK Ceramics PJSC © 2023 All rights reserved
Slide 2: FY 2022 Highlights
ANNUAL GENERAL MEETING 2023 FY 2022 Highlights 2022 in Brief • Record-high full year performance for 2022 in core business despite challenging economic environment and translating into an all-time high net profit. • We recorded growth in revenue of tiles & Sanitaryware business in all our core marke
Slide 3: FY 2022 Key financial highlights
ANNUAL GENERAL MEETING 2023 FY 2022 Key financial highlights Highest since 2009 REVENUE (AEDM) GROSS PROFIT MARGIN (%) NET PROFIT AFTER MINORITY (AEDM) +22.9% +22.8% 3,517.2 36.2% 36.1% 302.8 2,860.7 246.5 2021 2022 2021 2022 2021 2022 Highest ever NET PROFIT (AEDM) AND MARGIN (%) EBITDA (AEDM) AND
Slide 4: Revenue highlights by End Market 2022
ANNUAL GENERAL MEETING 2023 Revenue highlights by End Market 2022 TOTAL REVENUE (AEDM) YEARLY COMPARISON 2021 2022 Amount Amount YoY Growth United Arab Emirates 558.1 668.1 19.7% Kingdom of Saudi Arabia 537.5 586.1 9.0% Middle East (Ex. UAE & KSA) 125.5 153.3 22.2% India 389.0 400.4 2.9% Europe 395.
Slide 5: Profitability Bridge
ANNUAL GENERAL MEETING 2023 Profitability Bridge 2022 vs 2021 Profit Bridge (AEDM) 61.8 177.2 47.0 39.9 27.7 340.1 283.9 Net Profit 2021 Higher Gross Higher SG&A - Higher freight for Swing in profit Others Net Profit 2022 profit YoY (Excl. Fixed (excl.Kludi) increased of Kludi Group Kludi Group) vol
Slide 6: Balance Sheet Highlights
ANNUAL GENERAL MEETING 2023 Balance Sheet Highlights WORKING CAPITAL CYCLE (DAYS) CAPEX (AEDM) 176 145 55 Other receivables 37 Inventories 217 197 Trade receivables 205.8 94 84 Trade Payables -62 -63 Other payables 91.3 -128 -110 2021 2022 2021 2022 RETURN ON EQUITY (%) HISTORICAL ANNUAL DIVIDEND (%