Spaceandpeople Plc · LSE:SAL
Spaceandpeople — H1 2017 Earnings Presentation
11 slides from Spaceandpeople's earnings presentation, September 2017
Slide 1: Retail Proposal. 2017 Half Year Results Investor Presentation
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 HALF YEAR RESULTS INVESTOR PRESENTATION Porsche at Buchanan Galleries
Slide 2: Financial Highlights
S P A C E A N D P E O P L E Profit before taxation £173k (2016: loss of £174k from continuing operations) Net revenue of £4.80 million (2016: £4.65 million) Gross revenue of £11.3 million (2016: £11.1 million) Net cash inflow from operating activities £489k (2016: outflow £424k) Net cash of £781k (2
Slide 3: Operational Highlights
S P A C E A N D P E O P L E Growth in UK promotional and MPK revenue and profitability Increase in average number of MPKs in operation by 19% from 62 to 74 and an increase in revenue of 50% Prestigious Broadgate Estates contract win Successful renegotiation of terms with ECE in relation to the Germa
Slide 4: UK Performance
S P A C E A N D P E O P L E Promotional revenue up 20% to £1.80 million (2016: £1.50 million) due to increased delivery of Brand Experience events Promotional profit before taxation up 27% to £0.49 million (2016: £0.38 million) as a result of increased revenue Retail revenue up 13% to £1.65 million
Slide 5: German Performance
S P A C E A N D P E O P L E Retail revenue down 15.7% to £0.90 million (2016: £1.07 million) due to planned 20.5% reduction in number of RMUs in operation from 112 to 89 units Retail profit before taxation increased by £89k to £90k (2016: £0.01 million) due to reduction in rent payable and overheads
Slide 6: Head Office Costs
S P A C E A N D P E O P L E Head office costs up £50k to £0.51 million (2016: £0.46 million) due to one off IT and legal costs along with increased marketing expenditure HEAD OFFICE COSTS Lucozade Energy at Meadowhall 5
Slide 7: Summary
S P A C E A N D P E O P L E Continued focus on delivering revenue and profit during the important months leading up to end of year Strong cash generation in the first half to continue in second half Intention to resume dividend payment in 2018 if 2017 results are in line with market expectations SUM
Slide 8: Profit and Loss
S P A C E A N D P E O P L E FIRST HALF 2017 NET REVENUE MOVEMENT OPERATING PROFIT MOVEMENT UK Promotions £1.80m 20% £0.49m 27% UK Retail £1.65m 13% £0.10m 163% German Promotions £0.43m (21%) £0.02m (89%) German Retail £0.90m (16%) £0.09m x 90 Other £0.02m (70%) £(0.02m) 81% Total £4.80m 3% £0.68m 14
Slide 9: Cash Flow
S P A C E A N D P E O P L E 2017 2016 MOVEMENT Operating cash flow £0.51m £(0.29m) 276% Tax paid £(0.02m) £(0.11m) (82%) Investment in fixed assets £(0.09m) £(0.32m) (72%) Cash flow before financing £0.40m £(0.72m) 156% Movement in borrowings £(0.20m) £0.20m (200%) Dividends paid - £(0.43m) 100% Net
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