Ca Sales Holdings (pty) Ltd. · JSE:CAA
Ca Sales Holdings (pty) — FY2019 Earnings Presentation
28 slides from Ca Sales Holdings (pty)'s earnings presentation, 2020
Slide 1: Results Presentation YE December 2019
Results Presentation YE December 2019
Slide 2: Macro Environment
Macro Environment South African Key Economical Indicators in a Nutshell GDP GDP Forecast Trade Balance Q4/2019 2020 January 2020 January 2020 1.2% -R1.9bn CPI +4.5% -1.4% (was 1,4%) 2021 PPI +4.6 % 2019 + R24.7bn Q3/2019 rev : -0.6% 2019 GDP : 0.2% 1.6% 2018 + R15.2bn December 2019 : CPI +4,0% | PPI
Slide 3: Retail Environment
* Retailers measure internal inflation by costing a basket of goods relative to the year before. They remain focused on investing in price to reduce shopper exposure to higher prices to try to maintain, and gain market share. As a result retailer’s prices are lower than CPI on food and non-alcoholic
Slide 4: Highlights for the Year
Highlights for the Year Headline Total Dividend Net Asset Value Revenue HEPS Earnings Per Share Per Share 28.38% 28.4% 27.9% 28.8% 10.4% R 7.1 B R230.4M 51.3 CENTS 10.26 CENTS 314.0 CENTS (2018: R5.5 B) (2018: 40.1 CENTS) (2018: 7.96 CENTS) (2018: 284.3 CENTS) (2018: R179.4 M)
Slide 5: Highlights for the Group
Highlights for the Group o New branding o All major operations produced good results o Increased our market share in the countries o Increased shareholding in Surapax and Array Marketing to 100% o Appointed new CEO – D Lewis o Healthy and strong balance sheet o Strong cash flow generated o Dividend
Slide 6: Overview
The CA&S Group specialises in the fast-moving consumer goods industry, delivering on-shelf availability to many of the world’s leading consumer brands. Services span warehousing, distribution, selling, merchandising, shopper marketing, Overview training and debtors administration. Bringing the busin
Slide 7: New Group Branding: An enabling Platform
New Group Branding : An enabling Platform At inception the group simply adopted the same name as the first business it acquired: CA Sales Botswana and with a slight logo adaptation became known as CA Sales Holdings. In time with further acquisitions in different terretories differentiating between o
Slide 8: Group Companies Overview
Group Companies Overview CA Sales & Distribution Smithshine Enterprises PEO Promotions Kalahari Training Institute SMC Brands Distribution, Debtor Management, Distribution for frozen and Marketing, Branding & Gift Vocational Training Distribution, Sales & Sales & Merchandising ambient goods – retail
Slide 9: Service Structure Overview
Service Structure Overview Warehousing & Distribution The Group’s excellent storage solutions and distribution network enables it to consistently deliver for its clients, giving them surety their products are safely stored, maintained and readily available for distribution through our unrivalled dis
Slide 10: Footprint Overview
Footprint Overview Zambia o Expo Africa o Promexs Zambia Coverage Namibia o Wutow o Expo Africa Mozambique Our collective footprint with o Pns a presence in all major o SMC Brands Zimbabwe Mozambique centres in 8 countries. Namibia o Expo Africa Botswana o CA Sales & Distribution Zimbabwe Botswana L
Slide 11: Segmental Overview
Segmental Overview
Slide 12: Strategic Priorities, Service Structure, Financial Performance
Strategic Priorities Service Structure Financial Performance Increase / High Growth Strategy : 2019 2018 (Decrease) Warehousing & Distribution Brand Activation Revenue 7 131 967 5 555 533 28,4% Gross Profit 1 024 074 824 066 24,2% Namibia Botswana, Eswatini, 1: ENABLE GROWTH Lesotho, Mozambique, Bot
Slide 13: Botswana
Botswana Companies Financial Performance 2019 2018 Growth Revenue 4 217 718 3 364 479 25,4% Adjusted EBITDA 220 236 151 027 45,8% EBIT 195 639 120 615 62,2% Total assets 1 834 825 1 599 434 14,7% Segmental Highlights Total liabilities 1 122 344 1 003 872 11,8% » Pleasing performance by all businesse
Slide 14: Eswatini (Swaziland)
Eswatini (Swaziland) Companies Financial Performance 2019 2018 Growth Revenue 940 660 714 014 31,7% Adjusted EBITDA 83 600 66 614 25,5% EBIT 72 962 61 874 17,9% Segmental Highlights Total assets 355 470 237 285 49,8% Total liabilities 171 627 91 748 87,1% » Excellent volume and revenue growth in Log
Slide 15: South Africa
South Africa Companies Financial Performance 2019 2018 Growth Revenue 1 026 461 761 434 34,8% Adjusted EBITDA 119 255 85 725 39,1% EBIT 89 617 76 255 17,5% Total assets 698 689 602 151 16,0% Segmental Highlights Total liabilities 239 275 125 969 89,9% » Retained number 2 position in SA market » SA S
Slide 16: Namibia
Namibia Companies Financial Performance 2019 2018 Growth Revenue 956 342 719 984 32,8% Adjusted EBITDA 14 332 21 646 -33,8% EBIT -25 820 20 314 -227,1% Total assets 362 189 253 207 43,0% Segmental Highlights Total liabilities 263 863 151 845 73,8% » Namibian market contracting due to continued reces
Slide 17: Other: Zambia, Lesotho, Zimbabwe, Mozambique
Other: Zambia, Lesotho, Zimbabwe, Mozambique Companies Financial Performance 2019 2018 Growth Revenue 13 003 7 937 63,8% Adjusted EBITDA 1 969 2 303 -14,5% EBIT 1 894 2 164 -12,5% Segmental Highlights Total assets 14 656 17 514 -16,3% Zambia Total liabilities 3 982 7 188 -44,6% » Promexs increased i
Slide 18: Financial Performance FY 2019
Financial Performance FY 2019
Slide 19: Financial Performance: Revenue
Financial Performance Revenue (R’000) 8 000 000 7 131 967 7 000 000 6 000 000 5 555 533 5 000 000 4 838 511 4 030 606 4 000 000 3 585 284 3 000 000 2 000 000 1 000 000 0 2015 2016 2017 2018 2019
Slide 20: Financial Performance: HEPS
Financial Performance HEPS (cents) 60,0 51,3 50,0 40,1 40,0 33,2 30,0 26,3 21,4 20,0 10,0 0,0 2015 2016 2017 2018 2019
Slide 21: Financial Performance: Income Statement
Financial Performance Income Statement R'000 2015 2016 2017 2018 2019 Revenue 3 585 284 4 030 606 4 838 511 5 555 533 7 131 967 EBITDA 219 559 234 218 267 638 322 969 442 578 Profit after tax 117 259 136 423 171 847 172 006 208 346 Headline earnings 86 560 106 439 136 881 179 401 230 391 Headline ea
Slide 22: Financial Performance: Balance Sheet
Financial Performance Balance Sheet R'000 2015 2016 2017 2018 2019 Non-current Assets 710 829 682 331 696 142 983 210 1 056 250 Current Assets (excl. cash) 887 449 906 801 1 193 664 1 346 401 1 804 684 Total Assets 1 598 278 1 589 132 1 889 806 2 329 611 2 860 934 Non-current Liabilities 51 002 29 1
Slide 23: Financial Performance: Working Capital Levels
Financial Performance Working Capital Levels R'000 2017 2018 2019 Debtors 878 389 1 004 987 1 318 229 Inventory 313 550 335 958 483 360 Payables 595 744 743 536 1 103 938 Net Working Capital 596 195 597 409 697 651
Slide 24: Financial Performance: Cashflow
Financial Performance Cashflow R'000 2015 2016 2017 2018 2019 Profit from Operations 205 589 252 140 264 076 309 416 451 429 Working Capital (84 461) 6 147 (222 376) 16 564 ( 101 989) Taxation (48 389) (48 875) (59 250) (79 048) ( 105 250) Interest (16 992) (11 305) (2 909) (14 473) ( 34 315) Operat
Slide 25: Financial Performance: HEPS and DPS
Financial Performance HEPS and DPS (cents) 60,00 51,31 50,00 40,11 40,00 33,23 30,00 26,26 21,35 20,00 10,26 10,00 7,96 5,25 5,99 3,57 - 2015 2016 2017 2018 2019 HEPS Dividend
Slide 26: Any Questions
2B ANY QUESTIONS
Slide 27: Thank You
! ‘y Gps THANK YOU
Slide 28: CA&S Group: Taking brands beyond borders
caé:s group Taking brands beyond borders