Saudi Automotive Services Co. · TADAWUL:4050
Saudi Automotive Services — Q3 2024 Earnings Presentation
26 slides from Saudi Automotive Services's earnings presentation, 2024
Slide 1: SASCO Investor Presentation Q3 2024
SASCO Investor Presentation Q3 2024
Slide 2: Disclaimer
Disclaimer This document has been provided to you for information purposes only. This document does not constitute an offer of, or an invitation to investor dealing, the securities of Saudi Automotive Services Co. (SASCO)”. Certain statements contained in this document constitute forward-looking sta
Slide 3: Table of Contents
Table of Contents • Q3 2024 Key Highlights • Value Proposition • Company Strategy • Financial Results Q3 2024 • Acceleration • IR Contacts
Slide 4: Q3 2024 Key Highlights
> SASCO Q3 2024 Key Highlights
Slide 5: Q3 2024 Key Highlights
Q3 2024 Key Highlights • 157 5 M . Cash flow . • 11 2 M Net income , • 1 463 M Net debt , • 2 642M , • 6 400M Revenue Total assets All figures are in (Millions) Saudi Arabia, Riyals
Slide 6: Value Proposition
Value Proposition Q3 2024
Slide 7: SASCO
SASCO Saudi Automotive Services Company (SASCO) is a Saudi public joint stock company founded in 10/12/1982. As part of SASCO’s business activities is a diversified network of 6 operating segments* as follows: • Construction and operation of gas stations. • Rental of real estate accommodation servic
Slide 8: Value Proposition
SASCO | Value Proposition Dividends – The Company is committed to consistently paying in line with Company performance and policies Market share –the company holds a 5.6% market share across the Kingdom Diversified business model – A unique mix of subsidiary companies to compliment the overall servi
Slide 9: Value Proposition | Operating Segments
SASCO | Value Proposition | Operating Segments Fuel Sector SASCO Palm Co. Operation of gas stations in service of Imports and sells groceries, food supplies, drinks, automobiles within cities and on main inter-city refreshments, toys, travel supplies, utensils and roads, in the Kingdom providing fue
Slide 10: Value Proposition | Operating Segments
SASCO | Value Proposition | Operating Segments Al Nakhla Al Oula Contracting Co. SASCO Waha Co. Provides contracting services (construction, Provides accommodation services and motels on building, operation and maintenance services for the highways and in other locations as Al-Waha residential & com
Slide 11: Value Proposition: Working Sites Distribution
SASCO | Value Proposition Working Sites Distribution STATIONS DISTRIBUTION OPERATIONAL SITES 79 118 89 38 619 141 102 536 Q3 2024 Q3 2023 Southern Area Eastern Region Northern Area Central Region Qassim Region Western Region The stations include 28 Compact stations, 24 mobile stations.
Slide 12: Value Proposition: SASCO Palm and SASCO Fleet
SASCO | Value Proposition SASCO PALM SASCO FLEET TRAILERS TRUCKS 164 476 459 335 322 105 2024 2023 2024 2023 2024 2023
Slide 13: Company Strategy
Company Strategy Q3 2024
Slide 14: Strategy: Achieving the Objectives
SASCO Strategy Achieving the Objectives The Company's Board continues with the five-year strategic development plans, adopted in 2019, for all sectors of the Company and its subsidiaries, including the financial, administrative, and operational position, taking into account its priorities of achievi
Slide 15: Company Strategy: Financial, Operational, Administrative
SASCO | Company Strategy Financial Operational Administrative o Enhancing Company financial o Developing existing locations and service o Establishing a workshop for maintenance, efficiency and its subsidiaries. delivery quality by expanding alliances activating the TIR system, and expanding with in
Slide 16: Financial Results Q3 2024
Financial Results Q3 2024
Slide 17: Financial Results Q3 2024 Income Statement
SASCO | Financial Results Q3 2024 Income Statement REVENUE OPERATING PROFIT 2,642.10 54.34 40.79 45.77 2,486.51 2,322.44 Q3 2024 Q3 2023 Q2 2024 Q3 2024 Q3 2023 Q2 2024 NET PROFIT EBITDA 12.85 264 11.21 9.83 240 Q3 2024 Q3 2023 Q2 2024 2024 2023 All figures are in (Millions) Saudi Arabia, Riyals
Slide 18: Petrol - Diesel Liters Sold
SASCO | Financial Results 2024 Income Statement PETROL -DIESEL LITERS SOLD UNTIL SEP. 30, 2024 2024 2023 3,043,010,688 2,944,912,174 1,074,530,160 950,992,000 PETROL DIESEL LITERS SOLD All figures are in liter
Slide 19: Financial Results 2024 Balance Sheet
SASCO | Financial Results 2024 Balance Sheet A S SETS L IA BILITIES CA SH F L OW 3,914,508,039 3,536,515,324 5,815,076,809 5,442,378,595 159,717,460 157,578,076 1,519,888,680 1,426,268,161 585,450,432 521,831,360 2024 2023 2024 2023 2024 2023 Current Assets Non-Current Assets Current Liabilities Non
Slide 20: Change to Segment Revenue
SASCO | Financial Results 2024 Change to Segment Revenue Segment Revenue 2024 Segment Revenue 2023 0% 3% 1% 3% -1% 0% -1% 1% 97% 97% Gasoline palm SATA Ostool Elemenation Segment Revenue (SAR) 3Q 2024 3Q 2023 QoQ % Gasoline 2,551,663,865 2,261,740,806 12.8% Palm 91,626,002 62,847,148 45.8% Sata 9,33
Slide 21: Segment Total Profit
SASCO | Financial Results 2024 Segment Total Profit Segment total profit 2024 Segment total profit 2023 3% 3% 6% 5% 4% 5% 85% 89% Gasoline palm SATA Ostool TOTAL Profit 3Q 2024 3Q 2023 QoQ % Gasoline 68,525,521 57,673,711 18.8% Palm 3,141,094 3,055,310 2.8% Sata 5,061,051 2,012,684 151.5% Ostool 3,7
Slide 22: Financial Results 2024 Ratios
SASCO | Financial Results 2024 Ratios ROA ROE 0.74% 5.39% 0.71% 5.07% 2024 2023 2024 2023 EPS 0.49 0.48 2024 2023
Slide 23: Ratios | Debt Position
SASCO | Financial Results 2024 Ratios | Debt Position Capital Expenditure Current Portion of Long Loans Long Debt 283,019,048 84,783,710 1,585,884,346 199,583,574 35,056,479 1,330,262,680 2024 2023 2024 2023 2024 2023
Slide 24: 2024 Guidance
SASCO 2024 Guidance
Slide 25: FY 2024 Guidance
SASCO | FY 2024 Guidance 745 6 Billion liter 172 623 Trucks Gasoline Palm desal Stations and stores trailer
Slide 26: Thank You
Thank You IR Department Tel +966 11 206 8855 Ext 1113 Fax +96611 206 8833 E-mail: IR@SASCO.COM.SA
Saudi Automotive Services Co. (SASCO) — Q3 2024 Earnings Presentation on 6ix