Sal Saudi Logistics Services Company · TADAWUL:4263
Sal Saudi Logistics Services — Q2 2025 Earnings Presentation
24 slides from Sal Saudi Logistics Services's earnings presentation, 2025
Slide 1: SAL Saudi Logistics Services Co. Q2 2025 Results
sal.sa SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results
Slide 2: SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results sal.sa
SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results sal.sa 2
Slide 3: Presenters
Omar Talal Hariri Haydar Ucar Amer Abu Obeid Ranjeev Menon Chief Executive Chief Financial President – SAL President – SAL Officer Officer Ground Handling Logistics SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 3
Slide 4: SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results
SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 4
Slide 5: SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results
▪ ▪ ▪ ▪ ▪ ▪ ^ SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 5
Slide 6: Logistics Zone development
^ • Build across 5 years in the north of Riyadh Falcon City • Ground breaking in 2025 • Positive net profit by 2030 • 1.5 million sqm total area • Pre-Built 312,944 sqm • Built-to-suit 523,843 sqm • Funded via debt capital markets • Non-dilutive to shareholders SAL Saudi Logistics Services Co. (Tick
Slide 7: SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results
✓ ✓ ✓ ✓ ✓ ✓ SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 7
Slide 8: Financial performance
SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 8
Slide 9: Q2 2025 key highlights
▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ sal.sa SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 9
Slide 10: Revenue, EBIT and EBITDA
(^ Million) (^ Million) • Handling divisions revenue grew 2% • Operating profit (EBIT) improved 405 driven by enhanced service offering. 172 driven by enhanced service offerings 394 168 and an overall more profitable service • Efficiency gains, temporary provisions mix. and ECL recoveries offset low
Slide 11: Net income and EPS
(^ Million) (^) Driven by: 155 162 1.94 2.03 • Enhanced service offering alongside cost discipline and optimization. • Conversion of some charter clients into long-term contracted customers. Q2 2024 Q2 2025 Q2 2024 Q2 2025 • Reflects the impact of softer Q1 revenue 364 during a normalization year, c
Slide 12: Margins by division
Q1 2025 Q2 2025 56% ▪ 49% 43% 44% ▪ o o SAL (Total) Handling Logistics sal.sa SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 12
Slide 13: Net working capital
400 30 ▪ Net Working Capital ("NWC“) 300 20 ^ 200 353 329 ▪ 267 10 221 236 100 ▪ 0 0 sal.sa SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 13
Slide 14: Cash flow and capex breakdown
4% ^ 28% 30% Handling Phase 2 398 Fulfillment Centers Maintenance & Other Mega Projects 38% ▪ 69 ^ 39 81 ▪ ^ 106 1,362 ▪ ^ 1,456 Cash Operating Working Capital CAPEX Repayments Dividends Paid Cash (Beg.) Activities (Operating Investments (Financing (Financing (End) (excl. working Activities) (Invest
Slide 15: Capex plan 2024-2030
^ 5,249 ^ 4,087 953 209 Handling Logistics Zone Total CAPEX ^ ^ 1,375 1,373 950 ^ 448 548 522 33 2024 2025 2026 2027 2028 2029 2030 *Please note that capitalized interest is not included in Capex. sal.sa SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results Handling Logistics Zone 15
Slide 16: Handling division
Comprehensive air cargo and ground handling services across Saudi Arabia’s major airports, leveraging state-of-the-art facilities and real-time tracking. Services include: ▪ Ground services, including cargo off-loading, transportation, and load control ▪ Cargo terminal services, including cargo brea
Slide 17: Handling results
(^ Million) 334 339 ▪ ▪ ▪ Q2 2024 Q2 2025 ^ (^ Million) ▪ 157 166 ▪ ▪ ▪ ^ Q2 2024 Q2 2025 ▪ ▪ (%) 47.0 48.9 Q2 2024 Q2 2025 sal.sa SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 17
Slide 18: Handling Q1 vs Q2 2025
242 12 220 13 ▪ 88 80 ▪ 142 127 ▪ Q1 2025 Q2 2025 sal.sa SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 18
Slide 19: Logistics division
Integrated supply chain solutions leveraging digital innovations and optimized processes, we ensure fast, reliable, and cost- efficient cargo movement across key logistics hubs. Services Include: ▪ Freight Forwarding & Project Logistics ▪ Events & Sport Logistics ▪ Fine Art Logistics ▪ Contract Logi
Slide 20: Logistics results
(^ Million) 72 55 ▪ ▪ ▪ ^ Q2 2024 Q2 2025 o (^ Million) 11 ▪ ▪ o 7 ▪ Q2 2024 Q2 2025 ▪ (%) 14.9 12.1 - Q2 2024 Q2 2025 sal.sa SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 20
Slide 21: sal.sa SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results
sal.sa SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 21
Slide 22: sal.sa SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results
sal.sa SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 22
Slide 23: SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results
SAL Saudi Logistics Services Co. (Ticker: 4263.SR) | Q2 2025 Results 23
Slide 24: Thank you
MIN. We appreciate your time and engagement today. SAL's journey continues. See you at our next dispatch!
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