Delivery Hero Se · XETR:DHER
Delivery Hero — H1 2020 Earnings Presentation
13 slides from Delivery Hero's earnings presentation, Aug 27, 2020
Slide 1: InstaShop Acquisition and Publication of H1 2020 Financial Report
InstaShop Acquisition and Publication of H1 2020 Financial Report August 27th, 2020
Slide 2: Acquisition of InstaShop
Acquisition of InstaShop H1 2020 Financial Report 2
Slide 3: Introduction to InstaShop
Introduction to InstaShop InstaShop is a leading online grocery marketplace in MENA Launched in June 2015 and is based in Dubai, UAE Operates in 5 countries: UAE, Qatar, Bahrain, Egypt and Lebanon Marketplace-based business model – connecting customers with vendors and facilitating purchases, while
Slide 4: Deal Summary
Deal Summary Delivery Hero has acquired all of the outstanding shares of InstaShop, based on a valuation of USD 360 million ~ USD 270m ~ USD 300m InstaShop will continue to operate as an Initial Purchase Price GMV independent brand Q2 2020 Annualized under the current The size of the deferred +330%
Slide 5: H1 2020 Financial Report
Acquisition of InstaShop H1 2020 Financial Report 5
Slide 6: H1 2020 Financial Report
H1 2020 Financial Report 519m €5.1bn €1.1bn Orders GMV Total Segment Overview Revenues1 +93% YoY +63% YoY +94% YoY Asia MENA Europe H1 2019 H1 2020 H1 2019 H1 2020 H1 2019 H1 2020 Group 5.1% H1 2019 H1 2020 -5.9% -12.3% -47.6% -3.1% Adj. EBITDA -63.2% Adj. EBITDA Margin margin Americas Integrated Ve
Slide 7: Confirming 2020E Guidance
Confirming 2020E Guidance1 2020E Guidance Total Segment Revenues €2.6bn to €2.8bn Adjusted EBITDA margin -14% to -18% Plus additional investments of up to €150m • Flexibility of additional investments of up to €150m (including €20m to €30m for the launch of new operations in Japan) • Funds intended
Slide 8: Delivery Hero Q&A
DB Delivery Hero Q&A
Slide 9: Delivery Hero KPIs (1/2)
Delivery Hero KPIs (1/2) 2018 2019 2020 in €m Q1 Q2 H1 Q3 Q4 FY Q1 Q2 H1 Q3 Q4 FY Q1 Q2 H1 Delivery Hero Group Orders 80.2 86.4 166.6 94.5 108.3 369.4 124.5 144.2 268.8 181.3 216 666.1 238.5 280.6 519.1 % YoY Growth 51.8% 48.3% 50.0% 49.0% 46.7% 48.8% 55.2% 67.0% 61.4% 91.8% 99.4% 80.3% 91.5% 94.5%
Slide 10: Delivery Hero KPIs (2/2)
Delivery Hero KPIs (2/2) 2018 2019 2020 in €m Q1 Q2 H1 Q3 Q4 FY Q1 Q2 H1 Q3 Q4 FY Q1 Q2 H1 Europe Orders 13.8 14.6 28.4 14.3 17.5 60.3 19.2 20.8 39.9 20.7 24.4 85.0 25.4 30.6 56.0 % YoY Growth 37.9% 39.1% 38.5% 43.5% 44.6% 41.4% 38.5% 42.1% 40.4% 44.5% 39.5% 41.1% 32.9% 47.4% 40.4% % OD Orders 6.1%
Slide 11: Definitions
Definitions ● Gross Merchandise Value (GMV) is the total value paid by customers (including VAT, delivery fees, service fees and other subsidies) ● Total Segment Revenue is defined as Revenue before subtraction of voucher expenses ● Constant currency provides an indication of the business performanc
Slide 12: Delivery Hero Investor Relations Team
Delivery Hero Investor Relations Team Daniel Julia Caroline Fard-Yazdani Stoetzel Jabban Head of IR IR Director IR Associate daniel.fard-yazdani@deliveryhero.com julia.stoetzel@deliveryhero.com caroline.jabban@deliveryhero.com Team Contact T: +49 3054 4459 000 70 Oranienburger Straße 10117 Berlin De
Slide 13: Important Notice
Important Notice ● For the purposes of this notice, “presentation” means this document, its contents or any part of it. This presentation does not, and is not intended to, constitute or form part of, and should not be construed as, an offer to sell, or a solicitation of an offer to purchase, subscri