Jumbo S.a. · ATHEX:BELA
Jumbo — Investor Presentation (October 2009)
15 slides from Jumbo's investor presentation, October 2009
Slide 1: Jumbo October 2009
SUMED October 2009
Slide 2: Overview
Overview The leading Toy Retailer in Greece “Jumbo” a very strong brand name A strong hyper store network especially outside of Attica region Average number of employees in 2009: 2.622 permanent / 449 seasonal (30-45 days) Store network and Warehouses connected On Line/ Real Time The big
Slide 3: Growth in Sales & Earnings 2004-2009
Growth in Sales & Earnings 2004-2009 EBITDA '04-'09 in €m Sales '04-'09 in €m 160 468 140 500 140 126 450 404 400 120 106 343 350 100 83 281 300 229 80 64 250 189 60 51 200 150 40 100 20 50 - - 2004 2005 2006 2007 2008 2009 2004 2005 2006 2007 2008 2009 EAT '04-'09 in €m Num be r of S tor e s '0 4 -
Slide 4: Store Network
Store Network Hyper market stores with Parking Space- Destination Locations Average store area 7.700 sq m approximately 44 stores in Greece and Cyprus 19 in Attica region 22 in the rest of Greece 2 in Cyprus 1 in Bulgaria Create new metropolitan stores (above 10.000 sq m ) in Attica Expansio
Slide 5: Purchasing – Merchandising - Advertising
Purchasing – Merchandising - Advertising 5 Main Product Categories Children Toys 35% Baby Apparel & Products 14% Books & Stationery 7% Seasonal 25% House 19% As at 30.06.2009 Rich Offering at low prices 22,000 codes Average selling price of 4.99 Euro 45/55 Branded / Non Branded More than 80%
Slide 6: Logistics
Logistics 2 large privately- owned ultra modern warehouses in the areas of Oinofita and Avlona (broader Athens) and one in Cyprus Store network and Warehouses connected On Line/ Real Time Outsourced Distribution 6
Slide 7: The Market
The Market Demographics: Birthrates are following a decreasing trend in recent years Age compression: Today children from young age have access to video and computer games as well as to other product ranges such as mobile phones Seasonal Business: 28% Christmas 10% Orthodox Easter 10% School O
Slide 8: The Market
The Market The Market Children Toys: Stable Super Markets & Hypermarkets Baby Products: Slow Growth ; 24% Jumbo; 36% Stationary: High Growth Mom & pop All other shops; 30% specialist retail chains; Seasonal Home & Mother opportunity: High Growth 10% 8
Slide 9: Highlights
Highlights Increase in turnover at the rate of 15.81%, and increase –after taxes- by 16.03% in profitability in 2008/2009. Dividend € 0.23 per share Opening of the new Jumbo stores: in Rentis of total surface 20.000sqm in Marousi (10.000sqm) in Promachonas in Serres (8000sqm) in Aspropirgos (Att
Slide 10: Medium Term Targets
Medium Term Targets Greece: Market Share to 38% Bulgaria: Opening of two more stores in 2010 Cyprus: Opening of 2 more stores in 2010 and 2011 Romania: After Bulgaria For the FY 2009/2010: Sales growth of 8% EAT growth of 6% 2-year Capex: €50-55m 10
Slide 11: Share Info
Share Info Shareholders: 30/06/2009 Jumbo Share Price: July 07- Today (in €) 30 25 Greek Retail; 5% 20 Institutional Manageme Inv estors; nt; 29% 15 10% 10 5 0 Forein Institutional 2/ 2/ 2/ 2/ 2/ 2/ 2/ 2/ 2/ 2/ 2/ 2/ 2/ 2/ 2/ 10 11 12 7/ 8/ 9/ 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ Inv estors; 20 20 20 20 20 20
Slide 12: Appendix- P&L account 2006-2009
Appendix- P&L account 2006-2009 Jumbo (€ m ) Summary P&L Account 2006 200 7 2008 2009 Turnover 281,3 22,8% 342,7 21,81% 404,0 17,88% 467,8 15,81% COGS (133,2) (160,2) (184,1) (213,5) G ro ss Profit 148,1 27,4% 182,4 23,2% 219,9 20,5% 254,3 15,6% G ro ss Margin 52,7% 53,2% 54,4% 54,4% O ther operatin
Slide 13: Appendix- Balance Sheet 2006-2009
Appendix- Balance Sheet 2006-2009 Balance Shee t (€m) 2006 2007 2008 200 9 Cash and cash equivalents 21,8 52,1 3 0,5 109,7 Trade receivables 19,2 19,2 3 2,4 21,7 Inventories 100,7 121,7 165,6 191,2 O ther Receivable s 29,4 34,6 4 2,7 44,2 O ther Current assets 1,4 3,1 4,6 5,6 Net PP&E 158,1 194,8 23
Slide 14: Appendix- Cash Flow 2006-2009
Appendix- Cash Flow 2006-2009 Cash Flow (€m) 2006 2007 2008 200 9 Cash generated 63,0 79,8 9 3,3 107,4 Changes in current assets -31,9 -27,7 -58,5 -24,1 Changes in current liabilities 3,1 14,0 2 2,2 2,2 Net cash from operations 34,1 66,1 5 7,1 85,4 Investing A ctivity -30,9 -44,3 -57,6 -44,8 Free Ca
Slide 15: Thank You
Company Contacts Mr Vakakis (CEO):+30 2104805200 Mrs Karamitsoli (IRO): +30 2104805267 e-mail: metohon@jumbo.gr Web Site: www.jumbo.gr THANK YOU 15