Seera Holding Group · TADAWUL:1810
Seera — FY2017 Earnings Presentation
22 slides from Seera's earnings presentation, February 2018
Slide 1: FY 2017 Investor Presentation
FY 2017 Investor Presentation February 2018 1
Slide 2: Contents
Contents Overview 3 Financial Performance 5 Travel 9 Hospitality 13 Investments 17 Supporting Businesses 20 2
Slide 3: Overview: A leading travel & tourism company
Overview: A leading travel & tourism company with a balanced portfolio of trusted brands that consistently exceed customer expectations 3
Slide 4: On the cusp of change
On the cusp of change Overview Financial Performance A strong foundation to propel us to new heights around 4 Focus Areas Travel Hospitality Investments FROM A GROUP OF NUMEROUS SUBSIDIARIES… …TO Supporting 5 SBU’S 4 FOCUS AREAS Businesses Traditional Travel Agent (KSA) DMC International DMC Mecca T
Slide 5: Financial Performance
Financial Performance 5
Slide 6: Key Figures
Key Figures Overview Financial Strong topline and gross profit figures with contracted net profit, owing to active reconfiguration of revenue mix and and Portman consolidation Performance Travel Hospitality +10% ▪ Gross sales of SAR 8.82 billion, up 10% from SAR 8.0 billion in Investments Gross Sale
Slide 7: Revenue breakdown by focus area
Revenue breakdown by focus area Overview Financial Increasingly diversified revenue base, whereby high growth businesses are compensating for maturing legacy businesses Performance Travel Hospitality Net Revenue SAR 2.11 billion Investments 2016 Supporting Businesses -15% Breakdown by Business, 2016
Slide 8: Balance Sheet Breakdown
Balance Sheet Breakdown Overview Financial We continue to optimize the balance sheet in order to better capitalize on emerging opportunities Performance Travel Hospitality Total Assets Total Liabilities & Shareholder’s Equity Investments (SAR Million) (SAR Million) Supporting 9,377 9,363 9,376 9,363
Slide 9: Travel
Travel Al Tayyar Travel Group delivers travel and holiday solutions to its customers across the MENA region and broader Muslim world through its travel service outlets and proprietary online travel platforms 9
Slide 10: Online Travel: Overview
Online Travel: Overview Overview Financial Performance Undergoing a technology-enabled transformation; scaling towards being a full Travel service Online Travel Agency Hospitality Investments Online Travel grew by over Strategy is to increase the Supporting ATG has established 180% from last year; o
Slide 11: Online Travel: Platform Growth
Online Travel: Platform Growth Overview Financial Performance Online Travel, led by our flagship brands Almosafer and Tajawal, sustained its Travel impressive growth trajectory Hospitality Investments Supporting Businesses Online Sales Online Sales (SAR) (SAR) +243% +145% 832.2 Mn 424.5 Mn 173.1 Mn
Slide 12: Travel Services: Strategy & Performance
Travel Services: Strategy & Performance Overview Realigning our legacy Travel Services business; leveraging 72 retail branches, 54 Financial Performance franchise branches; with presence in 45 cities, including all 13 KSA provinces Travel Hospitality Investments STRATEGY REFRESH REBALANCE REALIGN Su
Slide 13: Hospitality
Hospitality Al Tayyar Travel Group is leveraging its legacy business to successfully reposition the Company through a balanced asset portfolio that offers stable cash-flows and risk-adjusted returns 13
Slide 14: Hospitality: Direct investments
Hospitality: Direct investments Overview Financial Performance We successfully completed the opening of Sheraton Makkah and we have been Travel receiving steady income from the Movenpick City Star Jeddah Hospitality Investments ▪ Opened on August 20, 2017 Supporting ▪ Successful Hajj operations: Bus
Slide 15: Hospitality: Indirect Investment
Hospitality: Indirect Investment Overview Financial Performance Received Board approval to proceed with strategy that will increase cashflow, via Travel off-balance sheet financing, and will enhance our liquidity profile Hospitality Investments ASSET 1: MID MARKET DEVELOPMENT FUND ASSET 2: REIT Supp
Slide 16: Hospitality: Minority Stakes
Hospitality: Minority Stakes Overview Financial Performance Thakher will be one of the largest development projects in Makkah Travel Hospitality Largest Direct 30% Phase 1 Investments development 95 hotels and 8 residential investment acquisition – 323 sq/m size completed by project in apartments bu
Slide 17: Investments
Investments Al Tayyar Travel Group manages a portfolio of other assets and enterprises with significant upside potential and attractive valuation 17
Slide 18: Investments: Snapshot
Investments: Snapshot Overview Financial Performance 22 investments grouped by 4 main clusters where ATG has a mix of minority, Travel majority and full ownership Hospitality Investments TRAVEL E-COMMERCE REAL ESTATE MOBILITY Supporting 18 ventures 2 ventures 1 ventures 1 venture Businesses Conduct
Slide 19: Investments: Success Stories
Investments: Success Stories Overview Financial ATG has made some successful acquisitions by investing in businesses that have attractive returns & market scale Performance Travel Hospitality Investments (Acquired in 2016) (Acquired stake in 2014) Supporting Businesses ▪ The Portman/Clarity combinat
Slide 20: Supporting Businesses
Supporting Businesses Al Tayyar Travel Group invests in businesses that are complementary to the Company's core activities and focuses on services that deliver stable returns and contribute to shareholder value 20
Slide 21: Supporting Business: Car Rentals
Supporting Business: Car Rentals Overview Financial The car rental business grew by almost 50% with strategic airport presence to serve corporate customers with greater priority Performance Travel Hospitality Investments Revenue • Broke even within a two-year payback Supporting (SAR Million) period
Slide 22: Al Tayyar Group www.altayyargroup.com
Al Tayyar Group www.altayyargroup.com 22