Sal Saudi Logistics Services Company · TADAWUL:4263
Sal Saudi Logistics Services — Q3 2026 Earnings Presentation
31 slides from Sal Saudi Logistics Services's earnings presentation, Nov 4, 2026
Slide 1: Q3 2026 Earnings Presentation
Q3 2026 Earnings Presentation 4 November 2026
Slide 2: Disclaimer
Disclaimer IMPORTANT: please read the following before continuing. The following applies to this document and the information contained therein, the oral presentation by SAL Saudi Logistics Services Co. (the "Company") or any person on behalf of the Company, and any question-and-answer session that
Slide 3: Presenters
Presenters Omar Talal Hariri Haydar Ucar Chief Executive Officer Chief Financial Officer SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q3 2026 Results 3
Slide 4: CEO Opening Remarks
CEO Opening Remarks SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q3 2026 Results 4
Slide 5: SAL's Core Business Divisions Powering Saudi Arabia's Logistics Future
SAL’s Core Business Divisions Powering Saudi Arabia's Logistics Future Aligned with the Ambitious Government Strategies and Investments Cargo Ground Handling Logistics Zones National scale: End-to-end solutions: Freight Forwarding, 1.5m sqm Falcon City hub with ^ 4 * 20 Domestic , 1 Internatio
Slide 6: Operating Environment
Operating Environment Cargo activity recovered during Q3, supported by stronger import flows & favorable cargo mix, despite ongoing regional disruptions Airline Network and Operational Resilience and Activity and Cargo Mix Regional Disruptions Outlook Air cargo activity strengthened during Q3 Re
Slide 7: Overview of Q3 2026 Performance
Overview of Q3 2026 Performance Record quarterly revenue and strong earnings growth, led by Cargo Ground Handling performance & continued Logistics expansion Record Financial Performance & Cargo Ground Handling Strength Strategic Execution & Financial Strong Earnings Quality & Logistics Momentum Str
Slide 8: Q3 2026 SAL's Major News & Events
Q3 2026 SAL’s Major News & Events Jul 6, 2026 Jul 13, 2026 Aug 12, 2026 SAL Signs MoU with EWA To Strengthen National Workforce SAL signs MOU with SPARK Logistics to enhance logistics SAL is the First Saudi Company to Obtain the IATA Security Development in the Logistics Sector and industrial cooper
Slide 9: Q3 2026 SAL's Major News & Events
Q3 2026 SAL’s Major News & Events Sep 9, 2026 Sep 15, 2026 Sep 16, 2026 SAL Zones and Advanced Aircraft Technology Sign MoU for SAL and SGS have signed an MoU to strengthen collaboration SAL wins the title of "Logistics Company of the Year" at the Aviation and Aerospace Logistics across logistics an
Slide 10: Q3 2026 Financial Performance
Q3 2026 Financial Performance SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q3 2026 Results 10
Slide 11: Record Quarterly Revenue and Strong Earnings Growth
Record Quarterly Revenue and Strong Earnings Growth Revenue EBIT Net Profit ^ 579 ^ 252 ^ 232 38% YoY million 34% YoY million 28% YoY million SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q3 2026 Results 11
Slide 12: Q3 2026 Financial Summary
Q3 2026 Financial Summary Record consolidated quarterly revenue and strong earnings growth, with sequential margin Improvement Consolidated Revenue Operating Profit (EBIT) (^ Million) (^ Million) EBIT increased 34% YoY, supported by pricing Delivered record quarterly revenue, supported enhanceme
Slide 13: Q3 2026 Financial Summary: Divisional Profitability
Q3 2026 Financial Summary Operating Profit (EBIT) - Divisional Profitability (^ Million) and (%) EBIT Margin (%) 266 Strong Cargo Ground Handling Profitability 220 218 Alongside Continued Investment in Logistics Cargo Ground Handling 184 188 52.9% 51.9% 49.8% Improved service-mix, pricing enhancem
Slide 14: Q3 2026 Financial Summary: Working Capital
Q3 2026 Financial Summary NWC and NWC Margin Improved Working Capital Efficiency and Continued (^ Million) and (%) Positive Cash Generation 250 40 Net working capital reached ^ 111mn as of 30 September 2026, 200 compared with ^ 103mn at year-end 2025, reflecting business growth, disciplined receiv
Slide 15: Q3 2026 Financial Summary: Cash Flow Movement
Q3 2026 Financial Summary Cash Flow Movement (^ Million) Strong Operating Cash Generation and Liquidity 3,500 Supporting Strategic Investments 992 (88) 3,000 (208) Cash and cash equivalents stood at ^1.36 billion as of 30 September (127) 2026, supported by operating cash generation and access to l
Slide 16: Division Deep Dive: Cargo Ground Handling
Division Deep Dive: Cargo Ground Handling SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q3 2026 Results 16
Slide 17: Cargo Ground Handling Division: Strong Cargo Activity Drives Revenue and EBIT Growth
Cargo Ground Handling Division: Strong Cargo Activity Drives Revenue and EBIT Growth Revenue EBIT EBIT ^ 504 Margin 52.9% ^ 266 35% YoY million 2.7pp YoY 43% YoY million SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q3 2026 Results 17
Slide 18: Cargo Ground Handling Performance Highlights
Cargo Ground Handling Performance Highlights Record revenue and operating profit supported by recovering higher cargo volumes, stronger import activity, favorable cargo mix and improved terminal service offerings Revenue (^ Million) Stronger Import Activity Commercial Execution and Digital Capabilit
Slide 19: Cargo Ground Handling Performance Highlights
Cargo Ground Handling Performance Highlights Cargo volumes increased, supported by domestic growth and the addition of international operations Total Volumes (Million KGs) YoY Volume Bridge (Million KGs) Domestic (KSA) 18% 278 International (Liège) +27 +15 278 236 236 27 236 251 Consolidated volum
Slide 20: Division Deep Dive: Logistics
Division Deep Dive: Logistics SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q3 2026 Results 20
Slide 21: Logistics Division: Strong Revenue Growth and Significant Improvement in Business Momentum
Logistics Division: Strong Revenue Growth and Significant Improvement in Business Momentum Revenue EBIT EBIT ^ 76 Margin (14.4) % ^ (11) 53% YoY million 16.8 pp YoY Widening QoQ million SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q3 2026 Results 21
Slide 22: Logistics Performance Highlights
Logistics Performance Highlights Strong revenue growth driven by commercial execution, and customer diversification, alongside continued investment in the division’s growth verticals to improve profitability and reinforcing the path toward sustainable earnings Revenue (^ Million) Commercial Expansio
Slide 23: Capital Allocation and Deployment
Capital Allocation and Deployment SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q3 2026 Results 23
Slide 24: Capital Allocation and Deployment
Capital Allocation and Deployment Continued investment in strategic infrastructure and capacity expansion, supporting SAL’s long-term growth objectives Cargo Ground Handling SAL Logistics SAL Zones ^ 900 mn ^ 203 mn ^ 4.1 bn Total Planned CAPEX (2026-2030) ^ 5.2 bn Expansion and modernization of c
Slide 25: Outlook and Guidance
Outlook and Guidance SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q3 2026 Results 25
Slide 26: 2026 Outlook & Priorities
2026 Outlook & Priorities SAL remains focused on operational resilience, disciplined capital allocation and long-term growth, while navigating regional market conditions Area Outlook Strategic Levers Expected to remain SAL's primary earnings contributor, Service innovation, cost discipline, network
Slide 27: Closing Remarks
Closing Remarks Record quarterly revenue and strong earnings growth, supported by higher cargo volumes, a more favorable revenue mix and increased terminal handling activity Cargo Ground Handling remained the primary earnings contributor, while Logistics delivered strong revenue growth through c
Slide 28: We appreciate your time and engagement today
We appreciate your time and engagement today. SAL’s journey continues. See you at our next dispatch! sal.sa 28
Slide 29: Q&A Get in Touch
Q&A GET IN TOUCH For more information contact us on: +966 12 696 4618 +966 550 120 163 Investor.Relations@sal.sa www.sal.sa/investor-relations @SaudiaLogistics SAL Saudi Logistics Services Co. (Ticker: 4263.SR) 29 Q3 2026 Results
Slide 30: Appendix
Appendix SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q3 2026 Results 30
Slide 31: IFRS 18 – Preliminary Impact Assessment - 2026 Q3
IFRS 18 – Preliminary Impact Assessment - 2026 Q3 Key messages from the preliminary reconciliation • The reconciliation illustrates how the current IAS 1 statement of profit or loss would be presented under IFRS 18, providing an early view of the expected reporting structure. • The most significant
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