Naturhouse Health SA · BME:NTH
Naturhouse Health SA — H1 2017 Earnings Presentation
12 slides from Naturhouse Health SA's earnings presentation, Jul 21, 2017
Slide 1: 1H17 Results
B® NATUR HOUSE & Expertos en Nutricién y Dietética Experts in nutrition and weight management 1H17 Results 21 July 2017
Slide 2: Disclaimer
Disclaimer This document has been prepared by NATURHOUSE HEALTH S.A. (“NATURHOUSE” or the “Company”) for its exclusive use during the presentations announcing the Company’s results of 1H17. NATURHOUSE does not authorise its dissemination, publication or use by any other person, whether physical or l
Slide 3: Index
Index Main Figures Consolidated Profit & Loss Account Sales and EBITDA by Country Naturhouse Centres Net Cash & Dividends Consolidated Balance Sheet Strategy & Outlook Price Sensitive Information Notes for the Period 3
Slide 4: Main Figures
Main Figures The Board of Directors has agreed to pay an interim dividend for 2017 of €0.20/share, to be paid on 15 September, which brings per-dividend yield (based on the price at the end of June) to 4.7%*. “+74 net openings in 2017, achieving 61% of the guidance for 2017” “France speeds up its gr
Slide 5: Consolidated Profit & Loss Account
Consolidated Profit & Loss Account 1H16 1H17 Growth (%) Total Sales 54,503 54,288 -0.4% Procurements -15,984 -15,688 -1.9% Gross profit 38,519 38,600 0.2% Gross profit margin 70.7% 71.1% Personnel -9,539 -10,100 5.9% Other operating expenses -9,403 -9,973 6.1% Other Income 354 581 64.1% EBITDA 19,93
Slide 6: Sales & EBITDA by Country
Sales & EBITDA by Country Sales according to country Naturhouse has reached a turnover of €54.3m, which includes the following highlights: The acceleration of growth in France (+3.3% in 2Q17 vs +0.6% in 1Q17), due to the appropriate measures 1H16 1H17 Growth (%) being implemented to reinforce sal
Slide 7: Naturhouse Centres
Naturhouse Centres 2,353 centres in 32 countries, 74 net openings in 1H17, achieving 61% of the guidance for 2017 Breakdown of net openings: + 17 new franchises. Total centres +74 + 41 directly-operated stores: many of which are marked out for transfer in 2017. +156 +74 + 16 master franchises. +5 +6
Slide 8: Net Cash Position & Dividends
Net Cash Position & Dividends Our considerable cash generation capacity means we can keep the dividend at historic levels Net cash position * Dividends 16.483 15.087 14.940 25.675 12.814 10.880 16.950 7.338 14.050 11.600 10.800 8.100 2012 2013 2014 2015 2016 1H17 2012 2013 2014 2015 2016 1H17 Figure
Slide 9: Balance Sheet
Balance Sheet 2016 1H17 Intangible assets 1,897 1,765 Property, plant & equipment 4,869 5,234 Non current financial assets 992 981 Investment in associated companies 3,208 2,885 Deferred tax assets 272 296 Non current Assets 11,238 11,161 Inventories 4,231 3,984 Trade receivables 4,806 7,606 Current
Slide 10: Strategy and Outlook
Strategy and Outlook Focus on: Growth in the group’s main markets, especially France and Italy. We hope France continuous in a positive vein for the rest of the year, with Italy gradually returning to growth, as shown in June. For Spain, we hope for a positive 2H17, with the main goal of transfe
Slide 11: Material Facts for the period
Material Facts for the period Material facts for the period 18 January 2017: Net openings for 2016 27 February 2017: Final dividend for 2016 27 February 2017: 2016 results 27 February 2017: Annual Corporate Governance Report 27 February 2017: Annual Report on Director Remuneration 22 Mar
Slide 12: Contact
CONTACT María Pardo Martinez Investor Relations Manager Tel: +34 914323953 Email: accionista@naturhouse.com 12