Agility Public Warehousing Co. K.S.C. · KSE:MKHZN
Agility Public Warehousing Co. K.S.C — Agility Public Warehousing Company K.S.C.P. — Q2 2023 Earnings Presentation
13 slides from Agility Public Warehousing Co. K.S.C's earnings presentation, August 2023
Slide 1: Agility Earnings Call Presentation Second Quarter 2023
Agility Earnings Call Presentation Second Quarter 2023 August 2023
Slide 2: Forward-Looking Statements Disclaimer
Forward-Looking Statements Disclaimer This presentation is strictly confidential and is being shown to you solely for your information and may not be reproduced, retransmitted, further distributed to any other person or published, in whole or in part, for any purpose. This presentation has been prep
Slide 3: Agenda
Agenda 1 Q2 2023 Business Update 2 Group Financial Performance 3 Q&A 3
Slide 4: Q2 2023 Business Update
Q2 2023 Business Update Focused on value investing for the long-term and executing on our growth strategy despite the challenges Key Events Major News: Legal Dispute: • Agility has entered into a second multi-year funded equity collar • Agility continues to face some uncertainty related to agreement
Slide 5: Group Financial Performance
Group Financial Performance Financial Highlights Q2 2023 5
Slide 6: Agility Income Statement – Q2 2023 (KD Mln)
Agility Income Statement – Q2 2023 (KD Mln) Solid operational performance and growth across all businesses Revenue Net Revenue John Menzies+HG Storage John Menzies+HG Storage +136.8% +177.3% 327.8 199.8 177.1 125.5 138.4 72.0 +8.9% 150.8 74.3 +3.2% Q2 2022 Q2 2023 Q2 2022 Q2 2023 EBITDA Net Profit J
Slide 7: Agility Income Statement – 1H 2023 (KD Mln)
Agility Income Statement – 1H 2023 (KD Mln) Revenue Net Revenue John Menzies+HG Storage +139.7% +177.9% 648.4 386.9 344.4 240.1 270.5 139.2 304.0 +12.4% +5.5% 146.8 1H 2022 1H 2023 1H 2022 1H 2023 EBITDA Net Profit John Menzies+HG Storage +70.4% +2.3% 120.9 28.8 29.5 36.3 70.9 +19.2% 84.6 1H 2022 1H
Slide 8: Agility Reported Income Statement – 1H 2023
Agility Reported Income Statement – 1H 2023 EBITDA reflects mostly the controlled businesses segment performance, and the investment segment is mainly accounted for as per IFRS9 Controlled Investments Consolidated KD Mln 1H 2023 1H 2022 % 1H 2023 1H 2022 % 1H 2023 1H 2022 % Revenue 648.4 270.5 140%
Slide 9: Balance Sheet (KD Mln)
Balance Sheet (KD Mln) Strong Asset and Equity base to support our future growth plan Balance sheet Jun 2023 Jun 2022 Variance % Assets Assets Equity&Liabilities Current Assets Current Liabilities 13.1% 14.2% Current assets 490.0 297.1 193.0 65.0% Investments Non-Current assets 3,241.8 2,175.1 1,066
Slide 10: Debt Profile (KD Mln)
Debt Profile (KD Mln) Refinanced and increased credit facilities with medium to long term maturities Corporate Gross Debt Profile Group Net Debt Bridge (80% of Group Debt) +416 881 USD KD EUR 132 Currency 16 40.3% 6.3% 53.4% 790 97 Non-Controlled 466 335 Maturity 164 65.8% 11.6% 22.5% 790 2025 2027
Slide 11: Cash Flow Statement (KD Mln)
Cash Flow Statement (KD Mln) Agility has a healthy cash flow generation and will continue to reinvest in its businesses Cash Flow Statement 1H 2023 1H 2022 Variance % Capex and Investment Cash from Operating activities before 118.9 75.6 43.3 57.3% changes in working capital Changes in working capita
Slide 12: Agility's Operating entities delivering healthy growth
Agility’s Operating entities delivering healthy growth Q2 2023 Aviation Services Fuel Logistics Other Controlled Businesses +862% +367% +76.2% +33.5% +9% +1% revenue growth Vs Q2 last year EBITDA growth Vs Q2 last year revenue growth Vs Q2 last year EBITDA growth Vs Q2 last year revenue growth Vs Q2
Slide 13: Q&A Session
Q&A Session 13
Agility Public Warehousing Company K.S.C.P. — Q2 2023 Earnings Presentation on 6ix