Mezzan Holding Company Kscc · KSE:MEZZAN
Mezzan Holding Company Kscc — Mezzan Holding Company — Q1 2026 Earnings Presentation
17 slides from Mezzan Holding Company Kscc's earnings presentation, May 12, 2026
Slide 1: Q1 Earnings Presentation
2026 Q1 Earnings Presentation May 12, 2026 1
Slide 2: Disclaimer
Disclaimer This confidential document is provided for informational purposes only. THE INFORMATION SET OUT IN THIS PRESENTATION AND PROVIDED IN THE DISCUSSION SUBSEQUENT THERETO DOES NOT CONSTITUTE AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES IN ANY JURISDICTION. IT IS SOLELY FOR U
Slide 3: Agenda
Agenda Finacial Highlights Financial Review FY26 Outlook Q&A 3
Slide 4: Financial Highlights
Financial Highlights Amr Farghal Group CEO 4
Slide 5: Q1 Financial Highlights
Q1 Financial Highlights Revenue Gross Margin EBITDA EBITDA (Q1, 2023-2026) -0.5% -3.9% +10.0% 14.5% CAGR 2023 8.3 KD 87.6 m 23.8% KD 20.9 m KD 12.5 m 2024 10.1 Net profit Net Income Net Profit to before tax Parent 2025 11.3 +17.0% +14.6% +15.7% 2026 12.5 0 KD Millions 12 KD 8.9 m KD 8.2 m KD 8.0 m N
Slide 6: Q1 Trends
Q1 Trends Q1 Revenue Q1 Gross Profit Q1 Net Profit KD Millions KD Millions KD Millions +3.5% +8.2% +21.2% CAGR CAGR CAGR 2023 79.0 2023 16.5 2023 4.6 2024 85.5 2024 19.3 2024 6.1 2025 88.0 2025 21.7 2025 7.2 2026 87.6 2026 20.9 2026 8.2 0 88 0 22 0 8 Note: All figures are rounded. Manual calculation
Slide 7: Financial Review
Financial Review Omar Samoud Group CFO 7
Slide 8: Revenue by Business Line
Revenue By Business Line Food Business Line Non-Food Business Line +2.5% -5.1% Generating 63.1% of total Group Q1'2026 revenue Generating 36.9% of total Group Q1'2026 revenue Note: All figures are rounded. Manual calculations for the variances and percentage difference may not align with the present
Slide 9: Revenue by Business Line Division
Revenue By Business Line Division Food Business Line (+2.5%) Non-Food Business Line (-5.1%) Manufacturing Catering Services FMCG & Healthcare Industrials and distribution +2.7% -1.9% +10.5% -4.2% -25.0% 57.9% of Group Q1 4.2% of Group Q1 0.9% of Group Q1 35.6% of Group Q1 1.4% of Group Q1 revenue re
Slide 10: Revenue by Country
Revenue by Country Contribution to Group’s top-Line Revenue growth by country * Kuwait UAE Jordan Qatar KSA 76.4% 11.4% 5.1% 4.1% 2.9% -2.5% +4.0% -4.2% +16.4% +33.8% Note: All ratios are in comparison to Q1 2025 unless otherwise indicated. All figures are rounded. Manual calculations for the varian
Slide 11: P&L Profitability improved across key earnings metrics
P&L Profitability improved across key earnings metrics, with operating profit, EBITDA, and net profit recording year-on- year growth, supported by stable operating expense levels and lower finance costs. KD Million Q1’26 Q1’25 % Diff Revenue 87.6 88.0 -0.5% Gross Margin 20.9 21.7 -3.9% GM% 23.8% 24.
Slide 12: Cashflow
Cashflow Net cash from operating activities increased to KD 8.4 million, supported by improved profitability and working capital movements, offsetting CAPEX outflows of KD 4.0 million and financing cash outflows of KD 3.9 million during the quarter. KD Million Q1’26 Q1’25 Diff Operating Cashflow Bef
Slide 13: Balance Sheet
Balance Sheet as of March 31, 2026 Total Assets Equity Net Debt Net Debt to KD Millions KD Millions KD Millions Equity (%) KD 320.3 m KD 146.4 m KD 72.2 m 49.3% 2023 277.4 2023 115.4 2022 56.0 2023 48.6 2024 293.1 2024 125.9 2023 57.8 2024 46.0 2025 300.3 2025 136.3 2024 65.1 2025 47.7 2026 320.3 20
Slide 14: Debt Trends
Debt Trends as of March 31, 2026 Stable Net Debt / EBITDA ratio of 2.0x despite higher net debt of KD 7.1 million versus FY2025, driven by continued CAPEX investments. Note: All figures are rounded. Manual calculations for the variances and percentage difference may not align with the presented figu
Slide 15: FY26 Outlook
FY26 Outlook As communicated alongside Q12026 results in May 2026 Revenue Net Profit Capital Expenditure Dividend Policy HSD to LDD HSD to LDD ~6–7% of Sustainable Growth Growth Revenue FY2025 Actual FY2025 Actual FY2025 Actual FY2025 Actual KD 297.1 m KD 18.6 m ~6% of Revenue ~80% Payout Ratio DEFI
Slide 16: Q&A
Q&A 16
Slide 17: Investor Relations Contact
Investor Relations Contact Omar Fouda Head of Investor Relations omar.fouda@mezzan.com
Mezzan Holding Company — Q1 2026 Earnings Presentation on 6ix