Aamal Company Q.s.c. · QSE:AHCS
Aamal Company Q.s.c — Aamal Company Q.P.S.C. — FY2024 Earnings Presentation
17 slides from Aamal Company Q.s.c's earnings presentation, Feb 26, 2025
Slide 1: A robust performance reflecting the resilience of Aamal's business model
A robust performance reflecting the resilience of Aamal’s business model Presentation of financial results for the year ended 31 December 2024 26th February 2025
Slide 2: Contents
❑ FY 2024 Highlights ❑ Financial Summary ❑ Segmental Review Contents ❑ Summary and Outlook ❑ Appendix ▪ Group Results – Revenue and Net Profit by Segment ▪ Aamal’s Investment Case "Strength Through Diversity" 1
Slide 3: FY 2024 Highlights
FY 2024 HIGHLIGHTS ❑ A robust overall performance in 2024 with revenue and net profit up 1.1% and 17.7% respectively ❖ Particularly strong profit growth from the Managed Services and Industrial Manufacturing segments ❖ Ongoing involvement in major national energy and construction projects, including
Slide 4: Contents
❑ FY 2024 Highlights ❑ Financial Summary ❑ Segmental Review Contents ❑ Summary and Outlook ❑ Appendix ▪ Group Results – Revenue and Net Profit by Segment ▪ Aamal’s Investment Case "Strength Through Diversity" 3
Slide 5: Financial Summary
FINANCIAL SUMMARY QARm FY 2024 FY 2023 % change ▪ Strong performance driven by: ▪ Solid revenue growth across all segments aside from Revenue 2,100.8 2,077.2 1.1% Industrial Manufacturing, which was impacted by demand softness and the completion of the Aamal Gross profit 515.4 499.6 3.2% Cables Cont
Slide 6: Contents
❑ FY 2024 Highlights ❑ Financial Summary ❑ Segmental Review Contents ❑ Summary and Outlook ❑ Appendix ▪ Group Results – Revenue and Net Profit by Segment ▪ Aamal’s Investment Case "Strength Through Diversity" 5
Slide 7: Industrial Manufacturing
INDUSTRIAL MANUFACTURING QARm FY 2024 FY 2023 % change Revenue 189.1 393.9 (52.0%) Net profit - fully consolidated activities (0.2) (8.6) 97.6% Net underlying profit margin % (0.1%) (2.2%) 2.1ppts Share of net profit of associates and joint ventures accounted for using the equity method 62.0 53.4 16
Slide 8: Trading and Distribution
TRADING AND DISTRIBUTION QARm FY 2024 FY 2023 % change Revenue 1,484.4 1,319.0 12.5% Net profit 116.7 129.8 (10.0%) Net profit margin % 7.9% 9.8% (2.0 ppts) Note: there may be slight differences due to rounding. ▪ Positive revenue growth driven by Ebn Sina Medical but net profit lower YoY owing to s
Slide 9: Property
PROPERTY QARm FY 2024 FY 2023 % change Revenue 328.3 318.6 3.1% Net profit - fully consolidated activities 244.0 250.1 (2.4%) Net underlying profit margin % 74.3% 78.5% (4.2 ppts) Share of net profit of associates and joint ventures accounted for using the equity method 6.5 6.0 7.7% Total net profit
Slide 10: Managed Services
MANAGED SERVICES QARm FY 2024 FY 2023 % change Revenue 162.1 104.3 55.4% Net profit - fully consolidated activities 16.8 10.3 62.4% Net underlying profit margin % 10.4% 9.9% 0.4 ppts Share of net profit of associates and joint ventures accounted for using the equity method 3.2 2.6 25.0% Total net pr
Slide 11: Contents
❑ FY 2024 Highlights ❑ Financial Summary ❑ Segmental Review Contents ❑ Summary and Outlook ❑ Appendix ▪ Group Results – Revenue and Net Profit by Segment ▪ Aamal’s Investment Case "Strength Through Diversity" 10
Slide 12: Summary and Outlook
SUMMARY AND OUTLOOK ❑ A strong performance in 2024 with strengthened positioning across all segments ❑ Key player in diverse economic sectors providing highly competitive and innovative offerings ❑ Demonstrated ability to navigate market challenges and capture opportunities in new markets and region
Slide 13: Any Further Questions?
ANY FURTHER QUESTIONS? AAMAL COMPANY MOHAMMED ARIF QURESHI Group Accounts Manager E: mohammad.arif@aamal.qa ZAID SHELLEH Investor Relations Manager E: zaid.shelleh@aamal.qa T: +974 4422 3888 www.aamal.com.qa FINANCIAL PR/IR ADVISORS LUCY GIBBS Investor Relations E: Lucy.Gibbs@cdrconsultancy.com T: +
Slide 14: Contents
❑ FY 2024 Highlights ❑ Financial Summary ❑ Segmental Review Contents ❑ Corporate Governance Update ❑ Summary and Outlook ❑ Appendix ▪ Group Results – Revenue and Net Profit by Segment ▪ Aamal’s Investment Case "Strength Through Diversity" 13
Slide 15: Group Results (by Segment)
GROUP RESULTS (BY SEGMENT) REVENUE QARm FY 2024 FY 2023 Change % Industrial Manufacturing 189.1 393.9 (52.0%) Trading and Distribution 1,484.4 1,319.0 12.5% Property 328.3 318.6 3.1% Managed Services 162.1 104.3 55.4% less: inter-divisional revenue (63.1) (58.6) (7.7%) Total 2,100.8 2,077.2 1.1% NET
Slide 16: Delivering on Our Investment Case
DELIVERING ON OUR INVESTMENT CASE One of Qatar’s largest and most diversified companies, offering high quality and balanced exposure to Qatar’s economic growth and development Strength through diversity Operating in an attractive, growing market ▪ Diversified (across 32 active business units) for ▪
Slide 17: Shukran
Shukran "Strength Through Diversity" 16
Aamal Company Q.P.S.C. — FY2024 Earnings Presentation on 6ix