Rak Ceramics Pjsc — Shareholder Meeting (March 2020)

7 slides from Rak Ceramics Pjsc's shareholder meeting presentation, Mar 11, 2020

Slide 3: FY 2019 Key financial highlights
2019 ANNUAL GENERAL MEETING FY 2019 Key financial highlights REVENUE (AED MN) GROSS PROFIT MARGIN (%) TOTAL REVENUE (AED MN) GROSS PROFIT MARGIN (%) -5.6%* +120bps 2,575 2,729 33.2% 32.0% 2019 2018 2019 2018 *On Constant currency of 2018 revenue decrease is -2.8% YoY. NET PROFIT (AED MN) AND MARGIN
Slide 4: 2019 highlights and challenges
2019 ANNUAL GENERAL MEETING 2019 highlights and challenges Reported net profit in 2019 decreased to NET PROFIT BRIDGE (AED MN) AED205.2m, due to a revenue decrease impacting the bottom line by AED23.1m. +22.1 Net profit in 2018 benefitted from gains on sale of contracting assets, while 2019 net prof
Slide 5: 2019 vs 2018 performance by segment
2019 ANNUAL GENERAL MEETING 2019 vs 2018 performance by segment On constant currency of 2018 total REVENUE BY SEGMENT (AED MN) revenue decrease is -2.8% YoY. 2019 2018 Tiles revenue decreased by -9.9% due to global excess capacities Amount Amount Growth continues to create a challenging business env
Slide 6: Balance sheet highlights
2019 ANNUAL GENERAL MEETING Balance sheet highlights 2019 RESULTS RETURN ON EQUITY (%) OPERATING CYCLE (DAYS) Return on equity is 7.7% in 2019. 7.7 8.1 310 282 Inventory days increased by 12 days to 258 days and Trade receivables days 258 246 increased from 110 days to 119 days in 119 110 2019 mainl