Slide 1: Investor and Analyst Conference Call Presentation April 2024
Investor and Analyst Conference Call Presentation April 2024
Slide 2: FY 2023 Financial Highlights
FY 2023 Financial Highlights • Sales increased by 14% y-o-y at EUR 1.081million • Gross margin almost flat at 55,8% • EBITDA increased by 18% y-o-y at EUR 398 million • Net profit increased by 22% y-o-y at EUR 303 million • Net Cash position at EUR 370,4 million • Capex at EUR 87 million • Strong fi
Slide 3: 2023 Highlights
2023 Highlights • Cash distributions of: 1,1550 EUR/share in March 2023 0,3220 EUR/share in August 2023 1,47 EUR /share in November 2023 • Management paid off the E200m loan in May • The first franchised store started operations in Israel • Launch of: the Romanian online store in July 23 a
Slide 4: Geographical breakdown
Geographical breakdown •Greece: 53 stores + on-line store 2023 Sales per product type Toy •Cyprus: 5 stores + on-line store 8% 19% Baby products •Bulgaria: 10 stores 3% Stationery /Office supplies 6% 39% •Romania: 17 stores + on-line store 2% Office supplies 23% Seasonal Sales per Country in m€ 1200
Slide 5: Q1 2024 Sales Performance
Q1 2024 Sales Performance Jumbo Group's 1Q24 sales were up 6% y-o-y, cycling a tough comparable due to the shifting of the Greek Orthodox Easter by three weeks, this year. Therefore, over the second half of April, sales growth rate should pick up, with April expected to account for four fifths of Ea
Slide 6: 2024 highlights
2024 highlights • Shareholders approved a cash distribution of 0,60 EUR/share in Feb 7th 2024. Paid March 26, 2024 • Management will propose in 2024 a dividend of 1,00 EUR/share (45% of 2023 Group profits) on top of the 0,60 EUR/share paid in Q124. • Store openings 1. Owned hyper store in Oradea (2n
Slide 7: 2024 Budget/Outlook
2024 Budget/Outlook Although y-t-d sales and profitability indications are optimistic, due to the volatility from the war in the Middle East, management will review its full year 2024 estimates with the release of April sales, which should account for four- fifths of the total Easter Season. Budget:
Slide 8: 2024 Store Rollout
2024 Store Rollout Store rollout: • Owned hyper store in Oradea (2nd store) - 9th April 24 • Reopening of the two stores that had been closed in September due to the “Daniel” storm – Kardista opened 9th April 24 – Larissa will open July 24 • Owned hyper store in Cyprus (Nicosia’s second) – September
Slide 9: Consolidated Financial Highlights
Consolidated Financial Highlights Jum bo (€ m ) Sum m ary P&L Account 31.12.2021 31.12.2022 31.12.2023 Turnover 832 19,9% 949 14,1% 1.081 13,9% COGS (369) (419) (478) Gross Profit 463 28,8% 531 14,6% 603 13,6% Gross Margin 55,7% 55,9% 55,8% Other operating income 6 5 8 General & Administrative Expen
Slide 10: Consolidated Financial Highlights
Consolidated Financial Highlights Balance Sheet (€m ) Cash Flow (€m ) 31/12/2022 31/12/2023 Cash and Other current financial assets 802,9 444,4 31/12/2022 31/12/2023 Trade receivables 52,7 55,3 Cash generated 276,9 332,4 Inventories 239,5 238,3 Changes in current assets and current Other Receivables
Slide 11: Info & Contact
Info & Contact For more information please visit our Investor Relations Web Site https://corporate.e-jumbo.gr/en/ IR Contact: Karamitsoli Amalia ir@jumbo.gr tel: +30 210 4805267