Mezzan Holding Company Kscc · KSE:MEZZAN
Mezzan Holding Company Kscc — Mezzan Holding Company — FY2025 Earnings Presentation
17 slides from Mezzan Holding Company Kscc's earnings presentation, Mar 18, 2026
Slide 1: FY Earnings Presentation
2025 FY Earnings Presentation Mar 18, 2026 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 Group CEO 4
Slide 5: FY Financial Highlights
FY Financial Highlights Revenue Gross Margin EBITDA EBITDA KD Millions +3.8% +10.0% +11.8% 44.8% CAGR 2022 11.6 KD 297.1 m 25.24% KD 75.0 m KD 35.3 m 2023 27.9 Net profit Net Income Net Profit to 2024 31.5 before tax Parent +25.0% +20.0% +19.0% 2025 0 35.3 30 The Company delivered a threefold increa
Slide 6: FY Trends
FY Trends FY2025 underscores the resilience and scalability of Mezzan’s operating model, delivering growth across revenue and earnings with structurally higher margins. FY Revenue FY Gross Profit FY Net Profit KD Millions KD Millions KD Millions +5.2% +13.4% +21.0% CAGR CAGR CAGR (From 2023-2025) 20
Slide 7: Board Recommendation
Board Recommendation The Board of Directors has CASH DIVIDEND recommended the distribution PAYOUT RATIO OF 81.0% of 45 fils per share for FY2025.* Total Cash Dividend Payout of KD 13.99 m *Subject to shareholder approval at the upcoming Annual General Meeting of Shareholders. 7
Slide 8: Financial Review
Financial Review Omar Samoud Group CFO 8
Slide 9: Revenue by Business Line
Revenue By Business Line Food Business Line Non-Food Business Line +2.2% +7.0% Generating 64.4% of total Group FY'2025 revenue Generating 35.6% of total Group FY'2025 revenue Note: All ratios are in comparison to FY 2024 unless otherwise indicated. All figures are rounded. Manual calculations for th
Slide 10: Revenue by Business Line Division
Revenue By Business Line Division Food Business Line (+2.2%) Non-Food Business Line (+7.0%) Manufacturing Catering Services FMCG & Healthcare Industrials and distribution +4.8% -18.5% -1.3% +7.7% -4.0% 54.4% of Group 4.6% of Group 5.3% of Group 33.7% of Group 1.9% of Group FY revenue FY revenue FY r
Slide 11: Revenue by Country
Revenue by Country Contribution to Group’s top-Line Revenue growth by country Kuwait UAE Jordan * Qatar KSA 73.4% 13.4% 6.4% 4.3% 2.5% +4.9% +3.9% +5.7% -16.9% +12.5% Note: All ratios are in comparison to FY 2024 unless otherwise indicated. All figures are rounded. Manual calculations for the varian
Slide 12: P&L: Net profit reached KD 18.6M, up 20.0%
P&L Net profit reached KD 18.6M, up 20.0% year on year, notwithstanding KD 1.6M in additional tax expense from DMTT implementation KD Million FY’25 FY’24 % Diff Revenue 297.1 286.1 3.8% Gross Margin 75.0 68.1 10.0% GM% 25.2% 23.8% SG&A / Other -48.4 -45.6 -6.1% Operating Profit 26.6 22.5 18.0% Other
Slide 13: Cashflow
Cashflow Strong operating cash generation enabled Mezzan to finance its capital investments and debt servicing requirements KD Million FY’25 FY’24 Diff Operating Cashflow Before WC Changes 35.7 33.8 1.9 Working Capital / Other -11.1 -14.9 3.7 Operating Cashflow 24.4 18.9 5.5 Capital / Other -18 -10.
Slide 14: Balance Sheet
Balance Sheet as of December 31, 2025 Total Assets Equity Net Debt Net Debt to KD Millions KD Millions KD Millions Equity (%) KD 312.5 m KD 138.5 m KD 74.3 m 53.7% 2022 272.1 2022 111.4 2022 64.2 2022 57.7 2023 281.2 2023 119.5 2023 59.1 2023 49.5 2024 292.0 2024 129.2 2024 65.1 2024 50.4 2025 312.5
Slide 15: Debt Trends
Debt Trends as of December 31, 2025 Net Debt to EBITDA was maintained at 2.1x, demonstrating balance sheet discipline despite incremental debt related to CAPEX deployment Note: All figures are rounded. Manual calculations for the variances and percentage difference may not align with the presented f
Slide 16: Q&A
Q&A 16
Slide 17: Investor Relations Contact
Investor Relations Contact Omar Fouda Investor Relations Manager omar.fouda@mezzan.com
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