Sal Saudi Logistics Services Company · TADAWUL:4263
Sal Saudi Logistics Services — Q1 2025 Earnings Presentation
18 slides from Sal Saudi Logistics Services's earnings presentation, 2025
Slide 1: Q1 2025 Earnings Presentation
Q1 2025 Earnings Presentation Building for the Future with Resilience and Strategic Clarity
Slide 2: Disclaimer
Sy ALF ay = Disclaimer This presentation contains forward-looking statements that reflect the current views and expectations of SAL Saudi Logistics Services Co's management based on available information. These staternents are inherently subject to risks, uncertainties, and changes in circumstances
Slide 3: Presenting management team
y Omar Talal Hariri Haydar Ucar Amer Abu Obeid Ranjeev Menon Chief Executive Officer Chief Financial Officer President SAL Ground Handling President SAL Logistics 3 SAL Saudi Logistics Services Co. (Ticker: 4263.SR) a 1.2025 Results
Slide 4: Q1 2025 Executive Summary
> Q1 2025 Executive Summary Resilient Core Performance = Demonstrated core business strength and cost discipline despite a slight dip in volume (resulting from last year’s uncharacteristic spike) and changes in product mix. = Growing e-commerce demand is a key growth driver. = Cargo handling continu
Slide 5: Revenue and Net Profit
Revenue (^ Million) Net Profit (^ Million) +13% ▪ ^ ▪ ^ +47% ↓ 453 ↓ ▪ -15% 384 ▪ 208 340 +33% 48 -26% +100% 153 104 160 Q1 2023 Q1 2024 Q1 2025 Q1 2023 Q1 2024 Q1 2025
Slide 6: Financial Highlights
Sy ALF > Financial Highlights Margins improve quarter-on-quarter; signaling efficiency gains and earnings resilience L 7 tel Consistently Delivering Strong Oey ete and Resilient Margins sox -_ 56% = Performance reflects resilient fundamentals 50% a3% and operational discipline, effectively 72 43% 46
Slide 7: NWC & Margin
NWC & Margin 400 30 353 ▪ 329 NWC Margin 300 273 NWC (^) 22% 267 221 21% ▪ 200 20 17% 16% 100 14% ▪ 0 10 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 NWC Margin NWC
Slide 8: Movements in Cash Flows
Handling Maintenance & Phase 2 Other 30% 34% Fulfillment Centers 36% Movements in Cash Flows (^ Million) 1,800 1,600 208 ▪ ^ 1,400 1,362 (169) (15) (19) 1,262 ▪ 1,200 (106) ^ 1,000 800 ▪ 600 400 Operating activities CAPEX investments Dividends paid (ex. working capital) (Investing activities) (Finan
Slide 9: Handling Division
_ -_ Handling Division Comprehensive air cargo and ground handling services across Saudi Arabia’s major airports. With state-of-the-art facilities and real-time tracking, we ensure efficient cargo processing, courier handling, transit operations, and seamless airline logistics support. -9- SAL Saudi
Slide 10: Handling Analysis: Volumes
Analysis Volumes (Million KG) 256 253 Exports 13 236 11 242 228 12 11 10 ▪ Transit 97 97 90 88 88 ▪ ▪ ▪ Imports 146 135 130 145 142 ▪ Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Slide 11: Maintained Margins Despite Short Term Headwinds
^ ^ ↓ ↓ ▪ ^ ↓ Maintained Margins ▪ Despite Short Term ▪ Headwinds ▪
Slide 12: Logistics Division
Logistics Division Integrated supply chain solutions, including first-mile and last-mile delivery, warehousing, customs clearance, and freight forwarding. Using digital innovations and optimized processes, we ensure fast, reliable, and cost- efficient cargo movement across key logistics hubs. SAL Sa
Slide 13: Logistics: Short-Term Headwinds, Foundation for Long-Term Growth
^ ^ ^ ▪ ^62 million revenue, EBIT loss of ^ -16 million mainly due to proactive credit Short-Term Headwinds provisioning and fewer projects compared to the same period last tear due to schedule changes (e.g., F1 in April 2025 vs. March 2024) ▪ Execution of new fulfillment centers represent long-term
Slide 14: SAL Logistics Zone customer opportunity
▪ 80% of warehousing customers still ▪ Long-term customer ▪ Shift market share from operate in-house (non-outsourced) retention driven by zone internal operations to infrastructure outsourced, integrated ▪ SAL Logistics Zone aims to attract these logistics with SAL as the traditionally non-trading c
Slide 15: 2025 Outlook
_ -_ 2025 Outlook -15- 5 ca Handling Division: single digit volume growth and continued investment in capabilities and efficiency Logistics Division: Topline Growth exceeding global GDP. Short term strain while investing in growth SAL Saudi Logistics Services Co. (Ticker: 4263. SR) Q12025 Results
Slide 16: Closing remarks and Capital Markets Day
ey -” We enter the next phase operationally positioned and financially disciplined for a strong 2025 and over the longer-term increasing strategical alignment with Saudi Arabia's vision of being a global logistics hub. Thank you for your time and we look forward to seeing you all at our Capital Mark
Slide 17: The National Logistics Champion
The National Logistics Champion
Slide 18: We Appreciate Your Time and Engagement
We Appreciate Your Time and Engagement. The Journey Continues - See You at Our Next Dispatch!
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