Slide 1: Investor and Analyst Conference Call Presentation September 2024
Investor and Analyst Conference Call Presentation September 2024
Slide 2: H1 2024 Financial Highlights
H1 2024 Financial Highlights • Sales increased by 8% y-o-y at EUR 460million • Gross margin landed flat at 55,3% • EBITDA increased by 12% y-o-y at EUR 165 million • Adj *EBITDA increased by 5% y-o-y at EUR 154 million • Net profit increased by 14% y-o-y at EUR 122 million • Adj* Net profit increase
Slide 3: H1 2024 Highlights
H1 2024 Highlights • Cash distribution of 0,60 EUR/share in March • Launch of the Oradea (2nd store) • Re-opening of the two stores closed early September due to the “Daniel” storm
Slide 4: Geographical breakdown – H1 24
Geographical breakdown – H1 24 •Greece: 53 stores + on-line store •Cyprus: 5 stores + on-line store •Bulgaria: 10 stores •Romania: 18 stores + on-line store
Slide 5: 8m 2024 Sales Performance
8m 2024 Sales Performance Group sales in 8m 2024 increased by 7% y-o-y. • Greece (excl. intragroup): + 7% y-o-y. • Cyprus: + 1% y-o-y • Bulgaria: +9% y-o-y • Romania: + 13% y-o-y Q3 Highlights • A cash distribution of 1,00 EUR/share in July • Proposal for shareholders to approve a share buy- back •
Slide 6: 2024 / 2025 Store Rollout
2024 / 2025 Store Rollout Store rollout: • Owned hyper store in Cyprus (Nicosia’s second) – October 24 • Owned hyper store in Bucharest – November 24 2025 • Owned hyper store in Timisoara (2nd store) • Store in Romania • Pending availability one more store in one of the countries of operation 2026 •
Slide 7: 2024 Budget/Outlook
2024 Budget/Outlook Budget • Sales to increase by 4% • Organic net income to flirt with 2023 levels • Capex apr. EUR60mil –EUR 65mil subject to POS rollout plan • In our Budget we include: • The Cyprus 6th and Bucharest’s 5th store (s) to open as planned • Persistent delays in the delivery of produc
Slide 8: Consolidated Financial Highlights
Consolidated Financial Highlights Jum bo (€ m ) Sum m ary P&L Account 31.12.2022 31.12.2023 30.06.2023 30.06.2024 Turnover 949 14,1% 1.081 13,9% 425 20,0% 460 8,4% COGS (419) (478) (190) (206) Gross Profit 531 14,6% 603 13,6% 235 16,3% 254 8,3% Gross Margin 55,9% 55,8% 55,3% 55,3% Other operating in
Slide 9: Consolidated Financial Highlights
Consolidated Financial Highlights Balance Sheet (€m ) Cash Flow (€m ) 31/12/2023 30/6/2024 Cash and Other current financial assets 444,4 428,0 30/6/2023 30/6/2024 Trade receivables 55,3 76,9 Cash generated 123,1 146,6 Changes in current assets and current Inventories 238,3 246,5 liabilities (55,9) (
Slide 10: 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