Mezzan Holding Company Kscc · KSE:MEZZAN
Mezzan Holding Company Kscc — Mezzan Holding Company — Q3 2025 Earnings Presentation
16 slides from Mezzan Holding Company Kscc's earnings presentation, Nov 13, 2025
Slide 1: Q3 Earnings Presentation
2025 Q3 Earnings Presentation Nov 13, 2025 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 Q&A 3
Slide 4: Financial Highlights
Financial Highlights Amr Farghal CEO of Food & FMCG, and Chairman of the Executive Committee 4
Slide 5: YTD Financial Highlights
YTD Financial Highlights Revenue Gross Margin EBITDA EBITDA (9M, 2022-2025) KD Millions +3.5% +10.5% +13.6% 4.11% CAGR KD 228.5 m 24.9% KD 56.8 m KD 27.0 m 2022 2023 19.9 Net profit Net Income Net Profit to before tax Parent 2024 23.8 +25.0% +19.5% +20.6% 2025 27.0 0 30 KD 15.7 m KD 14.4 m KD 13.5 m
Slide 6: YTD Trends
YTD Trends YTD Revenue YTD Gross Profit YTD Net Profit KD Millions KD Millions KD Millions +4.11% +11.24% +26.5% CAGR CAGR CAGR (From 2023-2025) 2022 194.5 2022 37.1 2022 -6.3 2023 205.5 2023 44.0 2023 9.0 2024 220.7 2024 51.5 2024 12.0 2025 228.5 2025 56.8 2025 14.4 100 250 +3.5% Revenue growth ami
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 +1.7% +6.9% Generating 64% of total Group YTD'2025 revenue Generating 36% of total Group YTD'2025 revenue Note: All ratios are in comparison to the first 9 months period in 2024 unless otherwise indicated. All figures are rounded. Ma
Slide 9: Revenue by Business Line Division
Revenue By Business Line Division Food Business Line (+1.7%) Non-Food Business Line (+6.9%) Manufacturing Catering Services FMCG & Healthcare Industrials and distribution +4.5% -18.2% -4.2% +7.4% -1.9% 54.1% of Group 4.6% of Group 5.3% of Group 34.1% of Group 1.8% of Group YTD revenue YTD revenue YT
Slide 10: Revenue by Country
Revenue by Country Contribution to Group’s top-Line Revenue growth by country * Kuwait UAE Jordan Qatar KSA 74.6% 12.6% 6.4% 4% 2.5% +5.4% +2.6% +5.8% -22.9% +4.4% Note: All ratios are in comparison to YTD 2024 unless otherwise indicated. All figures are rounded. Manual calculations for the variance
Slide 11: P&L: Net profit up 19.5% YoY to KD 14.4M
P&L Net profit up 19.5% YoY to KD 14.4M, despite KD 0.8M additional tax from DMTT implementation KD Million YTD’25 YTD’24 % Diff Revenue 228.5 220.7 3.5% Gross Margin 56.8 51.5 10.5% GM% 24.9% 23.3% SG&A / Other -36.4 -34.2 -6.2% Operating Profit 20.5 17.2 18.8% Other -4.8 -4.7 -2.2% Underlying Profit
Slide 12: Cashflow
Cashflow Tighter working capital management offset higher CAPEX spending and finance cost payments KD Million YTD’25 YTD’24 Diff Operating Cashflow Before WC Changes 27.5 24.9 2.6 Working Capital / Other -4.3 -12.1 7.8 Operating Cashflow 23.2 12.8 10.3 Capital / Other -13 -8.4 -4.6 Cash Flow Before
Slide 13: Balance Sheet
Balance Sheet as of September 30, 2025 Total Assets Equity Net Debt Net Debt to Total KD Millions KD Millions KD Millions Equity (%) KD 306.1 m KD 134.3 m KD 68.7 m 51.1% 2022 264.8 2022 106.5 2022 65.1 2022 61.1 2023 270.8 2023 116.0 2023 63.6 2023 54.8 2024 289.3 2024 125.9 2024 66.8 2024 53.0 202
Slide 14: Debt Trends
Debt Trends as of September 30, 2025 Stable 2.0x Net Debt/EBITDA despite KD 1.9M higher Net Debt and CAPEX outflows. Note: All figures are rounded. Manual calculations for the variances and percentage difference may not align with the presented figures. 14
Slide 15: Q&A
Q&A 15
Slide 16: Investor Relations Contact
Investor Relations Contact Omar Fouda Investor Relations Manager omar.fouda@mezzan.com
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