Ca Sales Holdings (pty) Ltd. · JSE:CAA
Ca Sales Holdings (pty) — CA&S Group — H1 2022 Earnings Presentation
33 slides from Ca Sales Holdings (pty)'s earnings presentation, September 2022
Slide 1: Investor Presentation Half Year June 2022
Investor Presentation Half Year June 2022
Slide 2: Important Notice / Disclaimer
Important Notice 1. This presentation has been prepared by, and is subject to the copyright of, CA&S Group. No part of this presentation may be reproduced, transmitted, stored in a retrieval system, or translated in any other language in any form, by any means without the prior written consent of CA
Slide 3: Agenda
Agenda 1. Who we are and what we do 2. Update on half year results 3. Segmental update 4. Journey to 2026 5. Retail landscape 6. Questions
Slide 4: WHO we are and WHAT we do
WHO we are and WHAT we do The CA&S Group is the holding entity of a collective of fast-moving consumer goods (“FMCG”) service businesses that provide essential services, delivered by essential workers, to ensure millions of households get essential products they need to experience better quality liv
Slide 5: Purpose
Purpose Purpose: The Power of We believe in the exponential power of true partnership to unlock potential for our clients, for our people and their communities, for our business and shareholders. Each individual business in the group is strong in its own right, but together, are far more than the su
Slide 6: Vision, Mission and Values
Vision, Mission and Values Distinguished delivery People partnerships We consistently strive to exceed expectations We create and sustain meaningful in creating and delivering remarkable customer relationships through collaboration, Vision experiences through a performance-based transparency, mutual
Slide 7: Scale & Footprint
Scale & Footprint Group Turnover SMC Brands Namibia Zambia Promexs R8Bn/pa Wutow MACmobile MACmobile Visible Worx Visible Worx Dual Listing on Botswana Stock Exchange CA Sales & Distribution Botswana and Smithshine Enterprises Johannesburg Stock Exchange Kalahari Training Institute Mozambique MACmob
Slide 8: Service Structure Overview
Service Structure Overview Warehousing & Distribution The Group’s excellent storage solutions and distribution network enables it to consistently deliver for its clients, giving them surety that their products are safely stored, maintained and readily available for distribution through our unrivalle
Slide 9: Update on Half Year Results
Update on Half Year Results Half Year 2022
Slide 10: Highlights for the Half Year
Highlights for the Half Year Headline Net Asset Value Revenue HEPS Earnings Per Share 20% 56% 44% 11.8% R4.3 B R138.4 M 30.0 CENTS 398.6 CENTS (2021: R3.6 B) (2021: 20.8 CENTS) (2021: 356.4 CENTS) (2021: R94.5 M)
Slide 11: Financial Performance: Revenue
Financial Performance Revenue (R’000) 9 000 000 8 027 916 8 000 000 7 000 000 6 000 000 5 000 000 4 284 083 20% 4 000 000 3 578 854 3 000 000 2 000 000 1 000 000 0 H1 2021 H1 2022 FY 2021
Slide 12: Financial Performance: HEPS
Financial Performance HEPS (cents) 70,0 59,6 60,0 50,0 40,0 30,0 30,0 44% 20,8 20,0 10,0 0,0 H1 2021 H1 2022 FY 2021
Slide 13: Financial Performance: Income Statement
Financial Performance Income Statement R'000 H1 2022 H1 2021 FY 2021 Revenue 4 283 083 3 578 854 8 027 916 Adjusted EBITDA * 262 339 188 142 475 581 Profit after tax 146 035 96 261 283 950 Headline earnings 138 392 94 526 271 608 Headline earnings per share (cents) 30.0 20.8 59.6 * Excludes impairme
Slide 14: Financial Performance: Balance Sheet
Financial Performance Balance Sheet R'000 H1 2022 H1 2021 FY 2021 Non-current Assets 1 202 030 1 031 309 1 054 359 Current Assets 2 511 968 2 153 501 2 544 859 Total Assets 3 713 998 3 184 810 3 599 218 Non-current Liabilities 365 153 276 577 262 333 Current Liabilities 1 467 844 1 228 748 1 521 183
Slide 15: Financial Performance: Working Capital Levels
Financial Performance Working Capital Levels R'000 H1 2022 H1 2021 FY 2021 Receivables 1 202 303 1 041 998 1 295 083 Inventory 635 826 600 536 585 877 Payables 1 067 376 864 090 1 019 203 Net Working Capital 770 753 751 444 861 757
Slide 16: Financial Performance: Cashflow
Financial Performance Cashflow R'000 H1 2022 H1 2021 FY 2021 Profit from Operations 257 702 190 067 466 481 Working Capital 65 728 89 457 (23 722) Tax paid (75 750) (63 653) (99 967) Net Interest (8 831) (7 868) (12 012) Operational Cash Generated 239 009 208 003 330 780 Net Investments 2 171 386 (4
Slide 17: Segmental Overview
cacs O) JN Segmental Overview
Slide 18: Strategic Priorities, Service Structure, Financial Performance
Strategic Priorities Service Structure Financial Performance Increase / High Growth Strategy : H1 2022 H1 2021 (Decrease) Warehousing & Distribution Brand Activation Revenue 4 283 083 3 578 854 19.7% Gross Profit 625 214 499 056 25.3% Namibia 1: ENABLE GROWTH Botswan, Eswatini, Lesotho, Mozambique,
Slide 19: Botswana
Botswana Companies Financial Performance H1 2022 H1 2021 Growth FY 2021 Revenue 2 295 796 1 973 239 16.3% 4 515 887 Adjusted EBITDA 109 317 84 003 30.1% 199 970 EBIT 98 383 66 612 47.7% 177 165 Segmental Highlights Total assets 2 025 551 1 864 191 8.7% 2 101 708 Total liabilities 1 045 185 1 019 352
Slide 20: Eswatini
Eswatini Companies Financial Performance H1 2022 H1 2021 Growth FY 2021 Revenue 658 286 537 222 22.5% 1 246 089 Adjusted EBITDA 47 779 39 763 20.2% 108 623 EBIT 40 102 33 206 20.8% 96 291 Segmental Highlights Total assets 413 126 394 996 4.6% 474 364 » Good volume and revenue growth in Logico with i
Slide 21: South Africa
South Africa Companies Financial Performance H1 2022 H1 2021 Growth FY 2021 Revenue 657 800 510 063 29.0% 1 025 401 Adjusted EBITDA 77 162 53 078 45.4% 128 440 EBIT 63 445 40 754 55.7% 94 693 Segmental Highlights Total assets 899 487 751 996 19.6% 815 551 Total liabilities 326 714 214 069 52.6% 302
Slide 22: Namibia
Namibia Companies Financial Performance H1 2022 H1 2021 Growth FY 2021 Revenue 634 979 551 533 15.1% 1 220 106 Adjusted EBITDA 22 932 8 002 186.6% 30 869 EBIT 14 909 4 803 210.4% 25 777 Segmental Highlights Total assets 383 121 290 119 32.1% 300 710 Total liabilities 293 070 195 094 50.2% 191 694 »
Slide 23: Other: Zambia, Lesotho, Zimbabwe, Mozambique
Other: Zambia, Lesotho, Zimbabwe, Mozambique Companies Financial Performance H1 2022 H1 2021 Growth FY 2021 Revenue 40 834 14 112 189.4% 47 816 Adjusted EBITDA 5 149 3 296 56.2% 7 680 EBIT 3 750 2 599 44.3% 7 123 Segmental Highlights Total assets 67 891 20 007 239.3% 71 209 LESOTHO Total liabilities
Slide 24: The journey toward 2026: The business of tomorrow strategy
The journey toward 2026: The business of tomorrow strategy
Slide 25: The dream…
The dream… We may be many businesses but ultimately we are one team, with one dream… To reach R10 billion by 2022 and R20 billion by 2026 The journey toward 2026…
Slide 26: Our ambition
Our ambition Revenue (Rbn) YE Dec 2026 R 20 Billion 25,000 20,870 5yr CAGR 20,000 > 20% 16,696 15,000 13,356 10,685 10,000 9,300 8,038 5,000 0,000 2021 2022 2023 2024 2025 2026
Slide 27: Achieving the R20bn revenue dream by 2026
Achieving the R20bn revenue dream by 2026… …will require us to super-charge growth in the current business and to establish new businesses > R10 bn market cap 20 R20 bn CAGR New businesses >20% R18 bn 15 Current business: Complimentary services New geographies & services Channel broadening (ZAR Bill
Slide 28: Retail Landscape
Retail Landscape August 2022
Slide 29: South African Economic Report
South African Economic Report South African Key Economical Indicators in a Nutshell Q1/2022 2022 Real Household Jan - May 2022 Real GDP Real GDP Forecast Disposable Income +3.0% +1.7% +5.9% +5.9% YoY 2021 2021: +4.6% 2020: -6.3% 2023: +1.9% Stats SA 2019: +0.3% SARB May 2022 2024: +1.9% Stats SA 202
Slide 30: Changes on the podium over 10 years
Changes on the podium over 10 years 5. In FY2021, Woolworths Group’s +9.1% growth knocked Massmart Group to 5th in the ranking as ongoing 1. Shoprite Group has consistently 4, Pick ‘n Pay Group moved to 3rd in liquor restrictions and civil unrest FY2020 as Massmart Group was hampered recovery plans.
Slide 31: In summary – we have great building blocks for brand growth in Africa
In summary – we have great building blocks for brand growth in Africa… Multi-Market, Channel & Enabling Collaboration Category Technologies Expertise Exco 335 Years Decentralised People: collectively How can we to the Entrepreneurial trading in countries & Accountable Africa Local Roots Core: Establ
Slide 32: Any Questions
2B ANY QUESTIONS
Slide 33: CA&S Group – Taking brands beyond borders
caé:s group Taking brands beyond borders