Dino Polska Sa · GPW:DNP
Dino Polska Sa — FY2024 Earnings Presentation
12 slides from Dino Polska Sa's earnings presentation, Feb 27, 2025
Slide 1: Preliminary financial and operational results for 2024
Preliminary financial and operational results for 2024 27th February 2025
Slide 2: Disclaimer
Disclaimer This presentation contains the preliminary (estimated) selected consolidated financial and operating results of “DINO POLSKA" S.A. in 2024. These data have not been audited and may differ from the data that will be presented in the annual report. The annual report, which is subject to ver
Slide 3: Our achievements in 2024
Our achievements in 2024 +283 stores +12.0% net sales area y-o-y (+250 in 2023) (+11.8% at end of 2023 y-o-y) +14.1% sales y-o-y +5,3% LFL y-o-y (+29.6% in 2023 y-o-y) (+17.2 in 2023 y-o-y) +3,8% EBITDA y-o-y -0.8pp EBITDA margin y-o-y (+21.5% in 2023 y-o-y) (-0.6pp in 2023 y-o-y) 3
Slide 4: Proven roll-out capabilities based on store ownership
Proven roll-out capabilities based on store ownership 2014: 410 stores, 1 distribution center 2019: 1,218 stores, 4 distribution centers 2024: 2,688 stores, 10 distribution centers Dino stores Distribution centers Distribution centers under construction Still plenty of room to increase density in ex
Slide 5: Network expansion – higher number of stores and geographic composition
Network expansion – higher number of stores and geographic composition Network expansion Regional coverage Net sales area (’000 m2) Stores per 100k inhabitants as of December 31, 2024 (in brackets as of December 31, 2023) 192 238 295 376 472 573 710 848 948 1,061 4.3 (3.6) 6.6 No. of stores 2,688 11
Slide 6: Investments in renewable energy sources
Investments in renewable energy sources Solar energy is powering Dino stores (recap of 2024) Dino stores are equipped with their 2,476 own photovoltaic installations (+338 in 2024) 99 MW total capacity of the PV panels of electricity generated by Dino 87 GWh from the sun in 2024 (vs. 66 GWh in 2023)
Slide 7: Growth of LFL sales
Growth of LFL sales Annual Sales mix Inflation (0.9) (0.6) 2.0 1.6 2.3 3.4 5.1 14.4 11.4 3.6 (deflation) % Product split by revenue in 2024 30% 28.5% Non-food 26% 12.1% 22% 17.2% Fresh food 16.2% 18% 39.8% 11.6% 11.6% 12.6% 12.4% 14% 11.3% 15.4% 15.1% 10% 5.1% 5.3% 6% 2% 4.9% 4.7% Other 4.2% 2.6% 3.
Slide 8: High revenue growth
High revenue growth Revenues (PLNm) +15.7% y-o-y 29,274 7,607 7,752 7,243 25,666 +14.1% 6,875 6,698 6,671 6,549 5,544 19,802 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 2022 2023 2024 2023 2023 2023 2023 2024 2024 2024 2024 Source: Preliminary financial and operational results of the "DINO POLSKA" S.A. Group for 2024 8
Slide 9: Consistent growth in EBITDA result
Consistent growth in EBITDA result EBITDA margin 9.3% 8.7% 8.7% 9.5% 8.9% 7.9% 8.3% 8.26% 8.14% 7.4% 7.2% +14.0% y-o-y EBITDA (PLNm) 649.5 673.4 2,317.4 631.3 2,232.7 571.4 +3.8% 91.0 553.5 105.5 520.6 110.2 356.8 409.2 492.1 1,837.9 458.2 89.3 94.0 98.9 94.6 300.1 82.5 558.5 567.8 482.1 521.1 1,875
Slide 10: Healthy balance sheet and strong operating cash flow
Healthy balance sheet and strong operating cash flow Net debt/EBITDA OCF ICF (PLNm) (PLNm) 0.8x 0.4x 2,552 1,591 1,435 1,772 1,158 1,253 0.1x 2022 2023 2024 2022 2023 2024 2022 2023 2024 Source: Preliminary financial and operational results of the "DINO POLSKA" S.A. Group for 2024 10 10
Slide 11: Strategy update
Strategy update 1 Organic store roll-out 2,688 2,406 stores 2,156 stores 1,815 stores (283 1,473 (250 openings) stores (344 1,218 stores openings) 977 (343 openings) 775 stores (255 openings) stores (243 stores (202 openings) openings) 628 (147 openings) stores openings) 2016 2017 2018 2019 2020 202
Slide 12: Contact information
Contact information Grzegorz Uraziński Head of Investor Relations grzegorz.urazinski@marketdino.pl +48 695 234 561 ul. Ostrowska 122 63-700 Krotoszyn Poland http://grupadino.pl 12