M.video · RUS:MVID
M.video — H1 2017 Earnings Presentation
9 slides from M.video's earnings presentation, August 2017
Slide 1: M.video H1 2017 IFRS Statements
M.video H1 2017 IFRS Statements Investor & Analyst Presentation, August 2017.
Slide 2: Content and liability disclaimer
Content and liability disclaimer The information contained in this presentation or enclosed herewith is provided and intended for informational purposes only and should not be relied on for any investment decisions. The information provided in the presentation includes assumptions and financial info
Slide 3: Operational Highlights
Operational Highlights H1 2017 # of stores and total space dynamics H1 2017 Revenue and OBS, RUB billion (incl. VAT) 3.1% 0.6% 16.9% 97,8 98,4 872 899 382 400 13,0 11,4 H1 2016 H1 2017 H1 2016 H1 2017 H1 2016 H1 2017 Number of stores, eop Total space, '000 sq m, eop Revenue Online Based Sales ► H1 2
Slide 4: Revenue by Categories Dynamics
43 573 2 458 41 483 Revenue by Categories Dynamics 32 141 31 772 Reforecast 4,9% vs Reforecast 12,7% vs Reforecast 1,5% vs Reforecast s Actual -23,9% vs Actual 38,8% vs Actual -18,7% vs Actual 24 489 21 756 21 654 18 917 18 251 18 466 19 912 17 675 14 345 vs Reforecast H1’16 12,7% vs Reforecast H1’1
Slide 5: Profit & Loss Statement
Profit & Loss Statement Variance vs. 6m Actual 6m 2017 Actual 6m 2016 2016 % of % of RUBm RUBm RUBm % Revenue Revenue Revenue 83 364 82 851 513 0,6% Cost of Sales 62 479 74,9% 63 078 76,1% (599) -0,9% Gross profit 20 885 25,1% 19 773 23,9% 1 112 5,6% SG&A 18 720 22,5% 17 870 21,6% 850 4,8% Other ope
Slide 6: Selling, General & Administrative Expenses
Selling, General & Administrative Expenses as % of as % of H1 2017 H1 2016 revenue revenue RUBm % RUBm % Payroll and related taxes 5 937 7,1% 5 249 6,3% Lease expenses 4 284 5,1% 4 465 5,4% Advertising & promotional expenses 1 600 1,9% 1 510 1,8% Utilities, maintenance & other property operating cos
Slide 7: H1 2017 Statement of Financial Position
H1 2017 Statement of Financial Position 30.06.2017 31.12.2016 Variance vs. PY RUBm RUBm RUBm % Assets Non-current Assets 18 711 18 959 (248) -1,3% Fixed assets 7 885 8 127 (242) -3,0% Intangible assets 6 533 6 145 388 6,3% Other non-current 4 293 4 687 (394) -8,4% Current assets 62 189 81 342 (19 15
Slide 8: H1 2017 Statement of Cash Flows
H1 2017 Statement of Cash Flows Actual Actual Variance vs. 6m 2017 6m 2016 6m 2016 RUBm RUBm RUBm % Operating CF Operating cash flows before movements in WC 4 604 3 625 979 27,0% Inventory change 5 471 3 819 1 652 43,3% Trade payables (18 201) (16 127) (2 074) 12,9% Others (1 116) 1 536 (2 652) -172
Slide 9: Contact Information
Contact Information PJSC “M.video” Nizhnaya Krasnoselskaya Str., 40/12 Moscow 105066 Russia Tel: +7 495 644 28 48, ext. 7064 E-mail: ir@mvideo.ru Official web-site: invest.mvideo.ru Official ticker: MVID RU Exchange: Moscow Exchange For investor relations purposes, please contact: Ekaterina Sokolova