Tanmiah Food Company · TADAWUL:2281
Tanmiah Food — FY2021 Earnings Presentation
15 slides from Tanmiah Food's earnings presentation, Feb 16, 2022
Slide 1: Investor Presentation – FY 2021
TANMIAH Investor Presentation – FY 2021 February 2022
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared solely for use as an investor presentation for Tanmiah Food Company (the “Company”). By attending or by reading this presentation, you agree to be bound by the following limitations. The information contained in this presentation is for background purpo
Slide 3: Table of Contents
TABLE OF CONTENTS 1 Highlights 2 FY 21 and Q4 Financial Review 3 Strategy and Outlook 3
Slide 4: FY Highlights
FY Highlights Delivered double digit sales growth, capacity increase and expansion into food franchise operator sector 27.0% 63% 22% y-o-y revenue growth, Further processed products Fresh poultry revenue Entry into restaurant to SAR 1.54 bn revenue growth following growth franchising sector Covid-19
Slide 5: Fresh poultry segment growth
Fresh poultry segment growth Segment growth driven by capacity increase and growth of sales network Expansion focus areas ▪ Distribution routes grew from 169 to 255 (51%) ▪ Increase in manpower and transportation capabilities to support sales ramp up and growth in distribution network ▪ Marketing sp
Slide 6: FPP segment growth
FPP segment growth Segment growth driven by easing of Covid-19 restrictions and production volume increase • Sales volume increased from 12 million kgs in 2020 to 20.8 million kgs in 2021 • Production volume increased from 12 million kgs to 21 million kgs. • Covid-19 easing of restrictions and capac
Slide 7: Committed to sustainability through our Giving, Earning, Sustaining model
Committed to sustainability through our Giving, Earning, Sustaining model Omnipreneurship values and principles for Environmental initiatives positive performance ▪ 1-million-dollar Omnipreneurship award to identify, support and scale ground- breaking solutions to address the increasing amounts of p
Slide 8: FY21 and 4Q21 Financial Highlights
02 FY21 and 4Q21 Financial Highlights
Slide 9: Financial Performance
Financial Performance Tanmiah recorded strong revenue growth amid resurgence in consumer spending Revenues (SAR mn) Revenue contribution by segments (%) +27.0% 8.5 0.0 1539.33 +24.9% 1211.93 22.7 68.8 389.9 414.5 304.3 331.9 Fresh Poultry Further Processed Products 3Q 20 4Q 20 3Q 21 4Q 21 FY 20 FY 2
Slide 10: Financial Performance – FY 2021
Financial Performance –FY 2021 Pressure on margins due to high grain pricing in global markets Gross Profit and Gross Margin EBITDA and EBITDA Margin Net Income and Net Income Margin 25.6% 21.2% 15.5% 6.1% 350 326.69 30.0% 9.2% 27.0% 309.65 200 188 30.0% 80 74.41 300 180 9.2% 70 9.0% 25.0% 26.0% 160
Slide 11: Prudent balance sheet management
Prudent balance sheet management Balance sheet (SAR mn) 2021 2020 833 694 840 643 277 207 494 356 357 348 Assets Liabilities and Equity Assets Liabilities and Equity Non-current assets Current Assets Equity Non-current Liabilities Current Liabilities Dec 2021 Dec 2020 RoIC % 5% 12% Profitability RoE
Slide 12: Strategy and Outlook
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Slide 13: Strong Foundation For Future Growth
Strong Foundation For Future Growth We are confident of achieving our aim of becoming a leading producer and distributor of food products, including poultry and meat products in the MENA region Our pathway to further rapid expansion rests on solid ground 01 02 03 04 05 Asset-light Our excellent Our
Slide 14: Supported by Government Initiatives
Supported by Government Initiatives The Saudi government continues to support the Food sector directly and indirectly as part of the 2030 vision initiatives and programs 2020 2030 Private Sector GDP Contribution 50% 65% of GDP of GDP 2020 2025 Broiler Self Sufficiency Goals 60% 80% ✓ Achieved as of
Slide 15: Thank You
THANK YOU Investor Relations & Media Queries Mr. Hussam Al Shareef, Investor Relations Manager ir@tanmiah.com www.tanmiah.com 15