Arabian Contracting Services Co. · TADAWUL:4071
Arabian Contracting Services — al arabia — Q1 2024 Earnings Presentation
29 slides from Arabian Contracting Services's earnings presentation, 2024
Slide 1: Earnings Presentation Q1 2024
Earnings Presentation Q1 2024
Slide 2: Disclaimer
DISCLAIMER This document has been prepared by al arabia for information purposes only and is not and does not form part of nor should be considered advice, recommendation, offer for sale or solicitation of any offer to subscribe for, purchase or sell any securities, nor shall it or any part of it form
Slide 3: al arabia Chairman & CEO
al arabia Chairman & CEO ABDULELAH Al-KHEREIJI MOHAMMED Al-KHEREIJI CHAIRMAN CHIEF EXECUTIVE OFFICER “al arabia outdoor advertising has always strived to be a “We are keen to maintain the development of international leader in the outdoor advertising sector.” technology in field of advertisement.” 2
Slide 4: al arabia Historical Structure
al arabia Historical Structure ESTABLISHEMENT TRANSFORMATION Started as a Saudi limited liability al arabia Initiated the digital company in Riyadh on 3 March 1983, transformation strategy and started to with a share capital of one million Saudi install and operate digital billboards Riyals SAR 1,00
Slide 5: Content
Content al arabia Key Financial Strategy Highlights Performance 4
Slide 6: al arabia Strategy
al arabia Strategy Arabian Contracting Services Company 5
Slide 7: al arabia Strategy
al arabia Strategy Continue to adopt latest technology Expand to new markets and data driven solutions through strategic partnerships Maintain market leadership 6 EARNINGS PRESENTATION Q12024
Slide 8: Key Highlights
Key Highlights Arabian Contracting Services Company 7
Slide 9: Key Highlights Q1 2024
Key Highlights Q1 2024 Building Public Masar Facades Transportation Makkah Dubai Awarding 2 contracts Awarding 2 contracts Signing a contract Signing a new contract through Faden through Faden through Al Arabia OOH 90 % 5,954 42,212 +700 Digitalization Billboards Faces Commercial Rate KSA - Based on
Slide 10: Key Highlights: New Contracts in Saudi Arabia
Key Highlights Q1,24 The number of new contracts during Q1 2024 Kingdom of Saudi Arabia Region Number Number Contracts Value * (Outdoor) of Contracts of Billboards Western Region 1 315 252,613 Northern Region 2 18 5,000 Total 3 333 257,613 * Figures are in (Thousands) SAR Distribution of billboards
Slide 11: Key Highlights: New Contracts in UAE
Key Highlights Q1,24 The number of new contracts during Q1 2024 United Arab Emirates Region Number Number Contracts (Outdoor) of Contracts of Billboards Value * Dubai 1 294 522,839 Total 1 294 522,839 * Figures are in (Thousands) UAE Distribution of billboards to the place of advertisement Distribut
Slide 12: Billboards and Faces (As Contracts)
Billboards and Faces (As Contracts) Billboards and Faces Updated Until 31 March 2024 Number of Billboards Number of Faces TYPE Saudi Arabia UAE Egypt Saudi Arabia UAE Egypt Digital 3,788 160 138 37,880 1,600 1,380 Static 2,166 284 597 4,332 493 1,194 Total 5,954 444 735 42,212 2,093 2,574 90% DIGITA
Slide 13: Current Projects
Current Projects Arabian Contracting Services Company 12
Slide 14: Signing Al-Riyadh Project Contract
Signing Al-Riyadh Project Contract The largest investment contract globally within the outdoor advertising industry. The contract duration is 10 years. The number of billboards is up to 3,000 fully digital billboards. 4 Revenue Streams. The project methodology constants net revenue sharing or the an
Slide 15: Signing King Khaled International Airport Contract
Signing King Khaled International Airport Contract The contract duration is 10 years. The number of billboards is 525 fully digital billboards. The project methodology constants net revenue sharing or the annual minimum guarantee - whichever is higher. In the initial year, the project methodology in
Slide 16: Faden Media Acquisition
Faden Media Acquisition The acquisition value is SAR 1,050,000,000. Increasing and enhancement the market share. Expanding the advertising network in the western region. The completion of the full acquisition of Faden Media. Awarded two projects offered by Ramat Al-Riyadh Company for establishing, op
Slide 17: Signing Boulevard World Project Contract
Signing Boulevard World Project Contract Boulevard World is one of the entertainment areas in Riyadh City that includes various experiences from 10 countries around the world, also includes the largest artificial lake, and it is one of the areas affiliated with the Riyadh Season activities with a capac
Slide 18: Signing Jabal Omar Project Contract
Signing Jabal Omar Project Contract Jabal Omar project is considered one of the most significant integrated real estate development projects and investments in Makkah which aims to develop and manage areas overlooking the sacred precinct and contribute to their revitalization. Offered by Jabal Omar De
Slide 19: Signing Masar Masterplan Agreement
Signing Masar Masterplan Agreement Masar Makkah is one of the major development projects in Makkah Al-Mukarrama and it aims to create destinations with a civilized and exemplary design, considering the culture and authenticity of the Holy City of Makkah to become a main gateway route leading to the
Slide 20: Establishing of Al Arabia OOH Digital Company in UAE
Establishing of Al Arabia OOH Digital Company in UAE Al Arabia OOH Digital Company is jointly owned by Al-Arabia Out of Home Advertising Company (a subsidiary owned 100% by Arabian Contracting Services Co.) with 60% ownership, Mawaqie Company (a Saudi Company) with 10% ownership and an Emirati partn
Slide 21: Pipeline Projects
Pipeline Projects Dammam Airports Jeddah Buses & Public Riyadh Metro Project Transportation Project Stations Project All Kingdom Roads Between Kingdom Airports Project Cities Project 20 EARNINGS PRESENTATION Q12024
Slide 22: Financial Performance
Financial Performance 21
Slide 23: Income Statement Highlights
Income Statement Highlights Key Figures (SAR Thousand) Q1 2024 Q1 2023 Change (%) Revenue 439,073 312,366 41% Gross Profit 203,538 143,560 42% Operating Profit 158,958 114,723 39% Net Profit 100,823 90,822 11% *Adjusted Net Profit 101,060 91,852 10% * Profit after adding the one-offs during the period. Re
Slide 24: Income Statement Highlights
Income Statement Highlights Revenue Net Profit 400,000 200,000 300,000 150,000 439,073 312,366 200,000 100,000 41% 100,823 11% 90,822 100,000 50,000 0 0 Q1 2023 Q1 2024 Q1 2023 Q1 2024 EBIT EBITDA* 200,000 200,000 150,000 150,000 44% 178,707 100,000 100,000 167,014 124,175 115,221 45% 50,000 50,000 0
Slide 25: Working Capital & Loans From Banks
Working Capital & Loans From Banks Working Capital Loans From Banks as of 31 March as of 31 March 1,580,137 1,346,156 502,810 268,344 233,981 234,466 2023 2024 2023 2024 The working capital increased as of March 31, 2024, to SAR 502.8 Million compared to the same period of the previous year, this is
Slide 26: Revenue By Segment
Revenue By Segment 1% 10 % 89% 439,073 312,366 Outdoor Advertising Indoor Advertising Printing Q12023 Q12024 The outdoor advertising revenues for Q12024 amounted to SAR 390.8 Million compared to SAR 282.1 Million for the same period of the previous year, with an increase of 39%. The indoor advertisi
Slide 27: Other Financial Highlights
Other Financial Highlights Financial Indicators as of Market Share 31 March 2024 More than EBIT % 38% EBITDA % 41% 62.3% Foreign investor’s ownership percentage During 2 years of listing, the company's performance ROAA ROAE were attractive to local and foreign investors. 2% 9% al arabia, has one of
Slide 28: Other Financial Highlights
Other Financial Highlights al arabia is committed to transparency and wishes to address any inquiries relating to the effects of recently executed contracts on the company's performance and investor outlook. It is crucial to understand that these are forward-looking statements, which by their nature
Slide 29: www.al-arabia.com
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