Mezzan Holding Company Kscc · KSE:MEZZAN
Mezzan Holding Company Kscc — Mezzan Holding Company — H1 2025 Earnings Presentation
16 slides from Mezzan Holding Company Kscc's earnings presentation, Aug 14, 2025
Slide 1: H1 2025 Earnings Presentation
2025 H1 Earnings Presentation Aug 14, 2025 1
Slide 2: Disclaimer
Disclaimer This confidential document is provided for informational purposes only. THE INFORMATION SET OUT IN THIS PRESENTATION AND PROVIDED IN THE DISCUSSION SUBSEQUENT THERETO DOES NOT CONSTITUTE AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES IN ANY JURISDICTION. IT IS SOLELY FOR U
Slide 3: Agenda
Agenda Finacial Highlights Financial Review Q&A 3
Slide 4: Financial Highlights
Financial Highlights Amr Farghal CEO of Food & FMCG, and Chairman of the Executive Committee 4
Slide 5: Financial Highlights
Financial Highlights Q2 H1 Revenue Gross Margin Revenue Gross Margin EBITDA (H1, 2022-2025) +6.5% +11.3% +4.5% +12.1% 23.4% CAGR KD 71 m KD 17.4 m KD 159 m KD 39.1 m 2022 8.3 EBITDA Net profit EBITDA Net profit before tax before tax +12% +22.5% +20.6% 2023 13.9 +11.9% KD 7.6 m KD 3.8 m KD 19 m KD 11
Slide 6: H1 Trends
H1 Trends H1 Revenue H1 Gross Profit H1 Net Profit (To Shareholders) KD Millions KD Millions KD Millions +4.4% +11.2% +51% CAGR CAGR CAGR 2022 134.0 2022 25.6 2022 1.9 2023 140.4 2023 29.6 2023 5.9 2024 152.2 2024 34.9 2024 8.5 2025 159.0 2025 39.1 2025 9.9 0 159 0 40 0 10 Note: All figures are roun
Slide 7: Financial Review
Financial Review Omar Samoud Group CFO 7
Slide 8: Revenue by Business Line
Revenue By Business Line Food Business Line Non-Food Business Line +3.2% +6.8% Generating 63.3% of total Group H1'2025 revenue Generating 36.7% of total Group H1'2025 revenue Note: All ratios are in comparison to H1 2024 unless otherwise indicated. All figures are rounded. Manual calculations for th
Slide 9: Revenue by Business Line Division
Revenue By Business Line Division Food Business Line (+3.2%) Non-Food Business Line (6.8%) Manufacturing Catering Services FMCG & Healthcare Industrials and distribution +6.3% -18.3% -3.3% +7.7% -9.4% 53.7% of Group H1 4.6% of Group H1 5.1% of Group H1 35.0% of Group H1 1.7% of Group H1 revenue reve
Slide 10: Revenue by Country
Revenue by Country Contribution to Group’s top-Line Revenue growth by country * Kuwait UAE Jordan Qatar KSA 75.7% 12.2% 6.0% 3.9% 2.3% +6.5% +5.2% +9.3% -24.8% -4.6% Note: All ratios are in comparison to H1 2024 unless otherwise indicated. All figures are rounded. Manual calculations for the varianc
Slide 11: P&L: KD 1.4M YoY net profit growth
P&L KD 1.4M YoY net profit growth, overcoming additional KD 0.5mn DMTT Tax impact KD Million H1’25 H1’24 % Diff Revenue 159.0 152.2 4.5% Gross Margin 39.1 34.9 12.1% GM% 24.6% 23% SG&A / Other -24.5 -22.3 -9.9% Operating Profit 14.6 12.6 15.9 Other -3.2 -3.1 -1.8 Underlying Profit Before Tax 11.4 9.5
Slide 12: Cashflow
Cashflow Strategic CAPEX in Al Shifa project supports growth; healthy 2.2x net debt/EBITDA KD Million H1’25 H1’24 Diff Operating Cashflow Before WC Changes 20.40 17.20 3.20 Working Capital / Other -10.40 -9.70 -0.70 Operating Cashflow 10.00 7.50 2.50 Capital / Other -8.40 -5.10 -3.30 Cash Flow Befor
Slide 13: Balance Sheet
Balance Sheet as of June 30, 2025 Fixed Assets Equity Net Debt Net Debt to Total KD Millions KD Millions KD Millions Equity (%) KD 134.3 m KD 131.1 m KD 74.8 m 57.1% 2022 126.0 2022 114.9 2022 67.7 2022 58.9 2023 124.4 2023 113.8 2023 67.6 2023 59.5 2024 126.4 2024 122.9 2024 66.5 2024 54.1 2025 134
Slide 14: Debt Trends
Debt Trends as of June 30, 2025 Higher net debt/EBITDA reflects growth CAPEX and new financing Note: All figures are rounded. Manual calculations for the variances and percentage difference may not align with the presented figures. 14
Slide 15: Q&A
Q&A 15
Slide 16: Investor Relations Contact
Investor Relations Contact Omar Fouda Investor Relations Manager omar.fouda@mezzan.com
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