Kuwait Projects Company Holding (K.S.C.P.) · KSE:KPROJ

Kuwait Projects Company Holding (K.S.C.P.) — Kuwait Projects Company Holding (KIPCO) — Investor Presentation (March 2016)

20 slides from Kuwait Projects Company Holding (K.S.C.P.)'s investor presentation, March 2016

  1. Slide 1: KIPCO Still Continues to Grow - Investor Presentation March 2016

    ..KIPCO Still Continues to Grow.. Investor Presentation | March, 2016

  2. Slide 2: Disclaimer

    Disclaimer This presentation is not an offer or invitation to subscribe to or purchase any securities. No warranty is given as to the accuracy or completeness of the information in this presentation. You must make your own independent investigation and appraisal of the business and financial conditi

  3. Slide 3: Index: Global and regional view

    Index Global and regional view… 3

  4. Slide 4: Weakening global economy: Major risks

    Weakening global economy: Major risks 03 02 04 01 05 4

  5. Slide 5: Kuwait: Well placed to weather oil shock

    Kuwait: Well placed to weather oil shock Have demonstrated the resilience in past… Kuwait’s budget surplus1 as a % of GDP (2001-2014) 111 112 109 43% 98 99 37% 33% 35% 34% 32% 80 28% 73 27% 26% 19% 22% 55 26% 65 20% 17% 38 62 25 29 24 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

  6. Slide 6: Index: KIPCO: Cruising ahead

    Index KIPCO: Cruising ahead… 6

  7. Slide 7: I. KIPCO – Continues to grow

    I. KIPCO – Continues to grow… In KD mn 2013 2014 Growth 2015 Growth 40 46 15% 53 15% NET PROFIT 7

  8. Slide 8: ...driven by growth in core companies

    ...driven by growth in core companies… Growth 2015 Revenue Revenue 12% 11% 11% 17% (14%) 24%^ 8 ^Revenue is defined as sales + dividend income + share of associates’ net income. Numbers are based on trailing 12 months. Excludes effect of SADAFCO consolidation

  9. Slide 9: ...maintaining its exemplary track record

    ...maintaining its exemplary track record 9

  10. Slide 10: Strengthened funding profile

    Strengthened funding profile Raised USD500mn Extended average Repayment of Paid down under EMTN debt maturity to USD500mn later in KD80mn bond programme 3.6yrs* the year 2016 10 * As of March 31, 2016 after issuance of USD500mn/ KD152mn bond due 2023 @ 5.0% fixed coupon

  11. Slide 11: Index: Group companies: Key developments

    Index Group companies: Key developments 11

  12. Slide 12: Key developments: Burgan Bank

    Key developments: Burgan Bank  Issued KD100mn tier II bond in March 2016 Efficient capital  CAR projected at ~16.5% at 31 March 2016 management  Optimized risk weighted assets by 11% during 2015 Higher rating  Assigned a long-term issuer default rating (IDR)of 'A+' from Fitch with stable outlook

  13. Slide 13: Key developments: OSN growth story continues

    Key developments: OSN growth story continues Subscribers 2.6x Revenues 2.5x 13

  14. Slide 14: Key developments: Continued expansion and product launches

    Key developments: Continued expansion and product launches  Awarded KD82mn insurance tender for retirees in Kuwait  Acquired 51% stake in L’Algerienne des Assurances (2A) Business as non life insurance company development  Finalized the establishment process of Algerian Gulf Life Insurance Compan

  15. Slide 15: Sadafco: A hidden jewel

    Sadafco: A hidden jewel #1 125ml 100ml UHT Milk Tomato Paste Ice Cream #2 Milk Plain Milk 15 *TSR: Total Shareholder return (includes share price appreciation + dividend received) computed for the last 5 years to 31 December 2015; Source: Bloomberg

  16. Slide 16: Al Daiya Land

    Al Daiya Land  USD2.5billion project on prime land at the heart of Kuwait City  Plot area 115,748 sq. mtr. with built-up area of 647,093 sq. mtr.  Total leasable area of 393,893 sq. mtr. Primary use Mixed-use; >80% residential purpose 16

  17. Slide 17: Index: Outlook 2016-18

    Index Outlook 2016-18 17

  18. Slide 18: Core revenue growth continues

    Core revenue growth continues… 2015 2016 guidance Burgan Bank 12% 9% + OSN 11% 10% + GIG 11% 30% + URC 17% 15% + KAMCO^ 32% 20% + 18 ^KAMCO: Fees from fiduciary activities and advisory

  19. Slide 19: On track to achieve double digit growth in profits

    On track to achieve double digit growth in profits Net Profit 19

  20. Slide 20: Thank you

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