Egyptian Transport & Commercial Services Co. Sae · EGX:ETRS
Egyptian Transport & Commercial Services Co. Sae — Investor Presentation (2024)
33 slides from Egyptian Transport & Commercial Services Co. Sae's investor presentation, 2024
Slide 1: The Future is Logistics… 2024 Investor Presentation
The Future is Logistics… 2024 Investor Presentation
Slide 2: Disclaimer
DISCLAIMER Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of Egytrans. Such statements involve known and unknown risks, uncertainties and other factors; undue reliance should not be placed thereon. C
Slide 3: Executive Summary
EXECUTIVE SUMMARY OVERVIEW Company Overview Egytrans is one of the largest players in a fragmented sector, with significant expansion potential due to its positive cash position Egytrans has a proven track record with 50 years of experience in the industry, and a network of +100 key account customer
Slide 4: Executive Summary: Consolidated Financial Overview
EXECUTIVE SUMMARY CONSOLIDATED FINANCIAL OVERVIEW Net Debt (mn) Dividend Paid, EGP/share 2019 2020 2021 2022 2023 Stock Split 1:5 1.20 (11.1) 0.90 (45.5) (74.9) 0.00 0.13 0.11 (107.7) (121.5) 2019 2020 2021 2022 2023 4
Slide 5: Group Overview
The Future is Logistics… Group Overview 5
Slide 6: Group Overview: Key Milestones
GROUP OVERVIEW KEY MILESTONES Acquires 2023 Record Award 50 YEARS MOVING FORWARD of Mega- New strategic Projects: 5 different business lines Company secures Direction and restructuring More than 300 employees Siemens deal, 9 sites across key locations in Egypt establishing its local dominance in hea
Slide 7: Group Overview: Group Structure
GROUP OVERVIEW GROUP STRUCTURE ETAL Specialized Transport Category leadership in heavy lift % of Group turnover % Market Share transport solutions Established in 1984 2.4% of Group turnover in 2023 2.4% 60% 40% Market share in 2023 Total assets of EGP 81.8 mn in 2023 Egytrans Integrated Solutions %
Slide 8: Group Overview: Diverse Service Offering
INTEGRATED SOLUTIONS WHEN IT ALL COMES TOGETHER IT REALLY MOVES GROUP OVERVIEW DIVERSE SERVICE OFFERING… Air Freight Project Logistics Specialized Transport & Lifting Exhibitions swift and easy air freight services solutions for mega projects including highly trained and experienced team with integr
Slide 9: Subsidiary Overview
The Future is Logistics… SUBSIDIARY OVERVIEW
Slide 10: Subsidiary Overview: Egytrans
SUBSIDIARY OVERVIEW EGYTRANS… COMPANY SYNOPSIS Name Egyptian Transport and The Egyptian Transport and Commercial Services Company S.A.E., Commercial Services known as Egytrans, handles the group’s core business of transportation Sector Transportation and Logistics services in Egypt Established 1973
Slide 11: Competitive Landscape: Freight Forwarding
COMPETITIVE LANDSCAPE Freight Forwarding DSV Kuehne Aramex + Nagel LATT Logistics DHL MESCO DB Schenker CEVA Logistics EGL Tiffany Cargo 3A International Systems Nile Logistics International
Slide 12: Competitive Landscape: Analysis by Service
COMPETITIVE LANDSCAPE ANALYSIS BY SERVICE Market Potential Customer Segment Business Model Companies Freight Forwarding & Expected global recession Manufacturers, producers Markup on liner cost. Egytrans, DSV, Aramex, customs clearance will affect global trade. & Trading Companies DHL, LATT Logistic
Slide 13: Financial Performance: Income Statement Egytrans Separate
FINANCIAL PERFORMANCE INCOME STATEMENT EGYTRANS SEPARATE 2024 Item (In EGP) 3Q23 2Q24 3Q24 QoQ YoY 9M23 9M24 YoY Revenues 90,615,020 188,170,595 183,576,866 -2% 103% 250,939,201 553,039,035 120% Costs (68,654,842) (133,151,884) (104,919,466) -21% 53% (191,972,601) (348,134,100) 81% Gross Profit 21,9
Slide 14: Financial Performance: Revenue Breakdowns
FINANCIAL PERFORMANCE REVENUE BREAKDOWNS Revenues Breakdowns 2023 43% 40% 17% Logistics Projects Free Zone Breakdowns of Logistics Segment Q3 2024 7% 7% 44% 32% 11% Ocean Freigt Air Freight Land Transport Custom Clearance Others
Slide 15: Subsidiary Overview: ETAL
SUBSIDIARY OVERVIEW ETAL… COMPANY SYNOPSIS Egyptian Transportation & Logistics (ETAL), is a leading company in the field of specialized transport Name Egyptian Transportation A market share of 40% & Logistics ETAL has successfully completed three certifications: ISO 9001 Quality Sector Heavy & Speci
Slide 16: Competitive Landscape: Project Logistics
COMPETITIVE LANDSCAPE Project Logistics NOSCO EGL EWA
Slide 17: Subsidiary Overview: EDS
SUBSIDIARY OVERVIEW EDS… Egytrans Depot Solutions Co., known as EDS, is a subsidiary of COMPANY SYNOPSIS Egytrans, and a leading company in the field of Intermodal Name Egytrans Depot Solutions Co. Transport Equipment services in Egypt. Sector Liquid Bulk Logistics EDS is the first company in Egypt
Slide 18: Competitive Landscape: ISO Tank Cleaning
COMPETITIVE LANDSCAPE ISO Tank Cleaning TCS Ship & C.R.E.W. ATEB
Slide 19: Transport and Logistics Industry Overview
The Future is Logistics… TRANSPORT AND LOGISTICS INDUSTRY OVERVIEW
Slide 20: Key Industry Takeaways
TRANSPORT AND LOGISTICS INDUSTRY OVERVIEW KEY INDUSTRY TAKEAWAYS… Robust Industry Dynamics 1 2 3 National Priority.. T&L Investment… Accelerating Capacity… With government plan set to be in place in 2025 potential to become regional hub is high Government focused on Massive investments in Road freig
Slide 21: Industry SWOT Analysis
T&L INDUSTRY OVERVIEW INDUSTRY SWOT ANALYSIS… S TRENGTHS Sub-optimal transport infrastructure raises cost of O PPORTUNITIES Marked improvement in Political unrest in the region could continue to Location on the transport. transport and logistics give have a negative impact Mediterranean Sea and Red
Slide 22: Strategic Direction
The Future is Logistics… STRATEGIC DIRECTION
Slide 23: Strategic Direction: Pillars of Growth
STRATEGIC DIRECTION 3 PILLARS OF GROWTH… Our strategic direction incorporates the risks in our environment. To be ready for the future we must be lean and invest in the business by re-allocating investment to capacity building improvements and potential growth. Geographic Expansion Digital Transform
Slide 24: Egytrans Acquisition of NOSCO
EGYTRANS ACQUISITION OF NOSCO
Slide 25: Transaction
Transaction ⚫ Egytrans (ETRS) is acquiring 99.9% of National Transport and Overseas Services Company (NOSCO) - Current ETRS shareholders will own 70.17% of the combined company - NOSCO shareholders will own 29.83% of the combined company ⚫ Egytrans is a publicly listed integrated logistics and trans
Slide 26: Leading the Way in Transport and Logistics
21 EGP 564 Mn EGP 221 Mn EGP 140 Mn Revenues 2023 Gross Profit 2023 EBIT 2023 Leading the Way in EGP 92 Mn 39% 16% Transport and Logistics Net Profit 2023 GPM NPM 50+ 30+ 550 Projects Completed Clients Employees Established in 1976, NOSCO is a prominent transport and logistics expert. Our 45+ ye
Slide 27: Delivering Specialized Solutions for Diverse Industries
Delivering Specialized Solutions for Diverse Industries Our expertise spans a variety of industries, including: Oil & Gas Petrochemicals Power Generation Mobility Construction 80% market share in Oil & Gas and Petrochemicals projects.
Slide 28: Management Structure Post Acquisition Deal
Management Structure Post Acquisition Deal Maged Shawky Independent Chairman Abir Leheta Mohamed Nadim CEO of Egytrans CEO of NOSCO to become to join the Board of Directors as CEO Shared Services CEO Commercial & Operations of of combined company combined company Classification: Confidential
Slide 29: Strategic Direction: Group Restructure
STRATEGIC DIRECTION GROUP RESTRUCTURE… New structure to be Operating environment requires (Listed on EGX) implemented over 2024- leaner efficient structure with Shared Services: HR, 2025 will bring improved Egytrans corporate acting as Finance, IT, Legal, QHSE, Internal Auditing, capability. central
Slide 30: Financials
INTEGRATED SOLUTIONS WHEN IT ALL COMES TOGETHER IT ADDS UP The Future is Logistics… FINANCIALS
Slide 31: Appendix: Financials Income Statement Consolidated 2024
APPENDIX: FINANCIALS INCOME STATEMENT Consolidated 2024 Item 9M23 9M24 Change YoY Revenues 276,150,709 580,302,512 110.1% Costs (206,899,846) (353,106,578) 70.7% Gross Profit 69,250,863 227,195,934 228.1% SG&A (57,859,284) (82,043,396) 41.8% Other Expense (5,265,473) (16,326,900) 210.1% Other Income
Slide 32: Appendix: Financials Balance Sheet Consolidated 2024
APPENDIX: FINANCIALS BALANCE SHEET CONSOLIDATED 2024 Item 2023 9M 2024 Growth Net Fixed Assets 170,542,408 196,134,621 15.0% Accounts Receivable 107,312,878 227,497,135 112.0% Other Debtors 47,312,976 117,753,414 148.9% Projects Under Construction 57,550,746 81,535,520 41.7% Cash 68,592,743 181,744,
Slide 33: < as ie
© DRIVING < as ie # YOUR BUSIN ce IES >
Egyptian Transport & Commercial Services Co. SAE (Egytrans) — Investor Presentation (2024) on 6ix