Naturhouse Health Sa · BME:NTH
Naturhouse Health Sa — Q3 2017 Earnings Presentation
12 slides from Naturhouse Health Sa's earnings presentation, Oct 27, 2017
Slide 1: 3Q17 Results
B® NATUR HOUSE & Expertos en Nutricién y Dietética Experts in nutrition and weight management 3Q17 Results 27 October 2017
Slide 2: Disclaimer
Disclaimer This document has been prepared by NATURHOUSE HEALTH S.A. (“NATURHOUSE” or the “Company”) for its exclusive use during the presentations announcing the Company’s results of 3Q17. NATURHOUSE does not authorise its dissemination, publication or use by any other person, whether physical or l
Slide 3: Index
Index Main Figures Consolidated Profit & Loss Account Sales and EBITDA by Country Naturhouse Centres Net Cash & Dividends Consolidated Balance Sheet Strategy & Outlook Price Sensitive Information Notes for the Period 3
Slide 4: Main Figures
Main Figures We reiterate our commitments to… Meeting our guidance for 2017. Maintaining growth in France and Spain in 2017. Recovering the Italian and Polish markets in the forthcoming quarters. Maintaining a good pace of growth in new countries, which will allow those markets to make a positive co
Slide 5: Consolidated Profit & Loss Account
Consolidated Profit & Loss Account 3Q16 3Q17 Growth (%) Total Sales 76,614 75,121 -1.9% Procurements -22,502 -21,511 -4.4% Gross profit 54,111 53,610 -0.9% Gross profit margin 70.6% 71.4% Personnel -13,936 -14,842 6.5% Other operating expenses -13,429 -13,846 3.1% Other Income 317 633 99.7% EBITDA 2
Slide 6: Sales & EBITDA by Country
Sales & EBITDA by Country Sales according to country Naturhouse has registered revenues of €75.12m, highlighting France’s positive performance (+1.1%), which, as anticipated, remains positive, along with the improvement of the domestic market 3Q16 3Q17 Growth (%) (+1.5%). France 31,969 32,311 1.1%
Slide 7: Naturhouse Centres
Naturhouse Centres 2,350 centres and 33 countries, following the launch of the business in Ireland in September under the master franchise model 71 net openings at the end of 3Q17 Increased interest in our brand identified in France and Italy and we expect to return to growth in stores in Poland Bre
Slide 8: Net Cash Position & Dividends
Net Cash Position & Dividends We continue to generate high levels of net cash, guaranteeing one of the most attractive dividends on the Spanish stock exchange Net cash position * Dividends 15.087 14.940 25.675 12.814 22.800 10.880 8.942 16.950 7.338 14.050 11.600 8.100 2012 2013 2014 2015 2016 3Q17
Slide 9: Balance Sheet
Balance Sheet 2016 3Q17 Intangible assets 1,897 1,529 Property, plant & equipment 4,869 5,101 Non current financial assets 992 954 Investment in associated companies 3,208 3,137 Deferred tax assets 272 0 Non current Assets 11,238 10,721 Inventories 4,231 5,320 Trade receivables 4,806 6,514 Current t
Slide 10: Strategy and Outlook
Strategy and Outlook Growth in the leading countries, focusing on: Returning Italy and Poland to growth in the coming months. The necessary measures are being implemented, which include staff reorganisation, product analysis, support for stores and marketing. Continuing to reinforce growth in Sp
Slide 11: Material Facts for the period
Material Facts for the period Material facts for the period 18 January 2017: Net openings for 2016 27 February 2017: Final dividend for 2016 27 February 2017: 2016 results 27 February 2017: Annual Corporate Governance Report 27 February 2017: Annual Report on Director Remuneration 22 Mar
Slide 12: Contact
CONTACT María Pardo Martinez Investor Relations Manager Tel: +34 914323953 Email: accionista@naturhouse.com 12