Spaceandpeople Plc · LSE:SAL
Spaceandpeople — FY2017 Earnings Presentation
11 slides from Spaceandpeople's earnings presentation, Mar 26, 2018
Slide 1: Retail Proposal. 2017 Full Year Results
S P A C E A N D P E O P L E S P A C E A N D P E O P L E RETAIL PROPOSAL. 2017 FULL YEAR RESULTS INVESTOR PRESENTATION E.ON at Broadgate
Slide 2: Financial Results
S P A C E A N D P E O P L E Gross revenue of £22.4 million (2016: £22.9 million) Net revenue of £10.0 million (2016: £9.7 million) Profit before taxation £1.2 million (2016: £0.1 million from continuing operations) Net cash inflow from operating activities £2.4 million (2016: £0.4 million) Net cash
Slide 3: Operational Highlights
S P A C E A N D P E O P L E Focus on core UK and German markets Growth in UK promotional and MPK revenue and profitability Increase in average MPK selling price and occupancy led to an increase in revenue of 24% Prestigious Broadgate Estates contract win and Landsec contract renewal Costs reduced an
Slide 4: UK Performance
S P A C E A N D P E O P L E Promotional revenue up 16% to £3.70 million (2016: £3.18 million) due to the increased delivery of Brand Experience, retail and customer acquisition events across our portfolio of clients and Network Rail in particular Promotional profit before taxation up 46% to £1.95 mi
Slide 5: German Performance
S P A C E A N D P E O P L E Retail revenue down 10% to £2.00 million (2016: £2.23 million) due to the planned 14% reduction in the average number of RMUs in operation from 110 to 94 units partly offset by increased occupancy Retail profit before taxation increased by £0.44 million to £0.16 million (
Slide 6: Outlook
S P A C E A N D P E O P L E Continued growth in UK divisions driven by the recruitment of new personnel Contract with small group of German shopping centres signed in early 2018 Strong pipeline of new opportunities in both the UK and Germany with major property groups OUTLOOK Porsche at Buchanan Gal
Slide 7: Summary
S P A C E A N D P E O P L E Diversified revenue generation with strong trading in most divisions throughout the year Improved sales effectiveness All core businesses trading more profitably than in the previous year Good cash generation throughout the year with net cash of £2.66 million at the year
Slide 8: Profit and Loss
S P A C E A N D P E O P L E Profit and Loss (Excluding Discounted Operations in 2016) 2017 NET REVENUE MOVEMENT PROFIT BEFORE TAX MOVEMENT UK promotions £3.7m 16% £1.98m 44% UK retail £3.4m 6% £0.40m 286% German promotions £0.8m (12%) £(0.02m) 88% German retail £2.0m (10%) £0.16m 160% Other £0.1m (3
Slide 9: Cash Flow
S P A C E A N D P E O P L E 2017 2016 MOVEMENT Operating cash flow £2.64m £0.30m 894% Tax paid £(0.23m) £0.13m 277% Investment in fixed assets £(0.13m) £(0.33m) (61%) Cash flow before financing £2.28m £0.1m x25 Movement in borrowings £(1.20m) £0.20m 800% Dividends paid - £(0.43m) 100% Net cash flow
Slide 10: Disclaimer
S P A C E A N D P E O P L E These presentation slides (the “Slides”) have been issued by SpaceandPeople Plc (the “Company”) in relation to its interim results for the six months ended 30 June 2017. The Slides have been prepared by and are the sole responsibility of the Company. Although all reasonab
Slide 11: Contact
S P A C E A N D P E O P L E CONTACT MATTHEW BENDING (CEO) SPACEANDPEOPLE PLC matthew.bending@spaceandpeople.co.uk www.spaceandpeople.com 0141 354 1151 100 West Regent Street Glasgow G2 2QD GREGOR DUNLAY (CFO) gregor.dunlay@spaceandpeople.co.uk 0141 354 1185 10