Rak Ceramics Pjsc · ADX:RAKCEC
Rak Ceramics Pjsc — Shareholder Meeting (March 2024)
7 slides from Rak Ceramics Pjsc's shareholder meeting presentation, March 2024
Slide 1: Annual General Meeting
AGM PRESENTATION – FY 2023 ANNUAL GENERAL MEETING MARCH 2024 RAK Ceramics PJSC © 2024 All rights reserved 1
Slide 2: Financial Snapshot - 2023
AGM PRESENTATION – FY 2023 Financial Snapshot - 2023 REVENUE (AEDM) TOTAL GROSS MARGINS (%) NET PROFIT AFTER MINORITY (AEDM) -1.7% -3.9% 3,517.2 3,457.8 37.6% 37.9% 302.8 290.9 2022 2023 2022 2023 2022 2023 NET PROFIT (AEDM) % MARGIN (%) EBITDA (AEDM) % MARGIN (%) NET DEBT (AEDM) & NET DEBT TO EBITD
Slide 3: Revenue Highlights - 2023
AGM PRESENTATION – FY 2023 Revenue Highlights - 2023 TOTAL REVENUE (AED MN) Tiles SW TW Faucets Others YEARLY COMPARISON 2022 2023 -1.7% Amount Amount YoY Growth United Arab Emirates 668.1 786.7 17.8% 139.3 109.7 Kingdom of Saudi Arabia 586.1 350.3 -40.2% 306.0 Middle East (Ex. UAE & KSA) 153.3 153.
Slide 4: Revenue Contribution - 2023
AGM PRESENTATION – FY 2023 Revenue Contribution - 2023 REVENUE CONTRIBUTION BY TOTAL REVENUE CONTRIBUTION BY SEGMENT 2023% REGION 2023 % 13.0% 3.0% 10.3% 9.5% 31.4% 11.0% 58.0% 15.0% 21.9% 10.5% 10.5% 5.9% UAE KSA ME India Europe Bangladesh Others Tiles Sanitaryware Tableware Faucets Other RAK Ceram
Slide 5: Profitability Bridge
AGM PRESENTATION – FY 2023 Profitability Bridge 2023 vs 2022 Profit Bridge (AEDM) 3.7% Higher Others Net Profit One-off gain Net Profit Lower GP due Higher Lower freight for Swing from Net Profit Finance (Other 2022 (net) before one-off to lower SG&A –Fixed decreased volumes KLUDI Group 2023 costs-
Slide 6: Balance sheet highlights- 2023
AGM PRESENTATION – FY 2023 Balance sheet highlights- 2023 WORKING CAPITAL CYCLE (DAYS) RETURN ON EQUITY (%) 146 days 172 days 1,411 +5.0% 1,482 Working capital days 1,309 1,302 Net working capital Trade receivables 382 395 14.8% Other receivables 13.2% 865 850 Inventories -1,145 -1,066 Trade & Other
Slide 7: Thank You
AGM PRESENTATION – FY 2023 Thank You CONTACT US If you have any questions or require further information, please visit corporate.rakceramics.com or contact investor relations team at ir@rakceramics.com RAK Ceramics PJSC © 2024 All rights reserved 7