Estithmar Holding Q.p.s.c · QSE:IGRD
Estithmar Holding Q.p.s.c — Investor Presentation (December 2022)
56 slides from Estithmar Holding Q.p.s.c's investor presentation, December 2022
Slide 1: Investor Presentation 2022
> Estithmar Holding Q.P.S.C. Investor Presentation 2022
Slide 2: Agenda
Agenda 1. Company Overview ▪ Company History ▪ Values, mission, vision and guiding principals ▪ Corporate strategy ▪ Board and diverse leadership team ▪ Governance ▪ Corporate Snapshot ▪ Growth Story 2. Financial Statements and key highlights ▪ Key Financial Highlights ▪ Company Snapshot ▪ Financial
Slide 3: Important information and disclaimer
Important information and disclaimer For the purposes of this disclaimer, Estithmar refers to Estithmar Holding Q.P.S.C., its subsidiaries and associated companies, together with its and their respective directors, officers, employees and agents, both collectively and individually. This document (“P
Slide 4: Company Overview
> Estithmar Holding Q.P.S.C. COMPANY OVERVIEW
Slide 5: Group companies and projects
Events & Catering MEP Steel The View Hospital Al Maha Island Facilities Management Landscape Joinery KMC Maysan Doha Resources Marine Stones Operation Management Katara Hills Gabro Fit-Out Modular Kitchens CESCO Watermaster 5
Slide 6: Company History
Company History With the support of its key shareholders, the business has evolved over years from operating units within the shareholder's group of companies to become Estithmar Holding, one of the leading industrial pillars of Qatar's economy. Successful Track Record of Formation of Elegancia Laun
Slide 7: Vision, Mission, Values
VISION Creating a brighter future from Qatar to the world VALUES GUIDING • Leadership • Collaboration PRINCIPLES • Accountability • Preserve Corporate Reputation • Quality • Corporate Social Responsibility • Resilience • Develop Future Leaders MISSION • Promote Innovation We add exceptional value to
Slide 8: Customer Centric Strategy
- Corporate Strategy INTEGRATED OFFERING, MARGIN UPGRADE & INTERNATIONAL EXPANSION Evolve towards higher margin service economy To transform from the conventional way of doing business, into embracing a holistic modern measurable customer- CUSTOMER CENTRIC STRATEGY Expanding our projects portfolio t
Slide 9: Board of Directors
-Board of Directors Experienced Board of Directors Mr. Moutaz Al-Khayyat Mr. Ramez Al-Khayyat Chairman Vice Chairman Chair, Executive Committee Mr. Mohammed Ghanim Mr. Eyad Abdulrahim Mr. Khalid Ghanim Mr. Mohamad Mohamad Sadiq Mr. Hamad Ghanim S Al Hodifi Al-Kuwari Board Member/ Managing Director S
Slide 10: Leadership
Leadership A multigenerational and diversified team 87different nationalities and backgrounds. 10
Slide 11: Major Shareholders and Trading Performance
- Major Shareholders and Trading Performance Key Shareholders Above 5 % Ownership Mr. Mohammad Moataz Al-Khayyat - Mr. Ramez Al-Khayyat – Chairman Vice Chairman # Shareholder name % of ownership 1 Mrs. Sumaya Saber Hamsho 20.41% 2 Mr.Mohamad Moataz Mohamad Al- Khayyat 19.36% 3 Mr. Ramez Mohamad Al-K
Slide 12: Financial Statements and Key Highlights
FINANCIAL STATEMENTS AND KEY HIGHLIGHTS
Slide 13: Key Financial Highlights
- Key Financial Highlights Income Statement ( in QAR m) Investment Metrics (2022) Earnings per share Work-in-Hand Revenue 4,237 QAR 0.107 QAR 3.2 bn Gross Profit 620 Return on Equity Selected-Not- EBITDA 518 Booked 7.3% QAR 15+ bn Net Profit 338 Financial Position (2022) Total Assets Net Assets Work
Slide 14: 2022 Company snapshot
- 2022 Company snapshot REVENUE EBITDA ASSETS Work-In-Hand 2% 1% 3% 6% 26% 19% 30% 40% 48% 46% 50% 8% 67% 9% 9% 32% 4% 4 10 6 10 11 Number of Companies Number of Companies Number of Companies Number of Companies Number of Companies QAR 37 million QAR 2,300 million QAR 104 QAR 1,940 million QAR 446 m
Slide 15: Consolidated Income Statement
- Consolidated Income Statement Estithmar’s P&L reflects growth in EBIT and Net Profit Group Revenue (2019-2022) Group EBITDA (2019-2022) 4,500 4,237 600 Revenue increased by 32% YoY 4,000 518 • Contracting and Services clusters CAGR: 37% 500 3,500 3,202 422 continued strong organic growth which 395
Slide 16: Financial Performance: Services
- Financial Performance Revenue Historical financial performance 3 (Pro-forma Revenue, QAR Billion) Comments: 3 2.30 • Strong Revenue growth continued with 2 1.67 2022 54% a 38% increase on prior year. 2019-2022 2 1.25 CAGR stands at 44%. 1 0.77 • Elegancia Resources contributed 42% of 1 Services cl
Slide 17: Financial Performance: Contracting
- Financial Performance Comments: Revenue Historical financial performance • Revenue increased 64% compared to 2021. 3 (Revenue pro forma, QAR Billion) 1.94 • MEP drove the cluster growth, contributing 54% 2 of revenue. 2 1.18 0.89 2022 • The cluster grew from 2019-2022 at a CAGR of 1 46% 0.63 45% o
Slide 18: Financial Performance & Future Growth: Industries
- Financial Performance & Future Growth Comments: Historical financial performance Revenue 2 (Revenue pro forma, QAR Billion) • Industries cluster revenue increased 29% compared to 2021. 11% • Elegancia Stones built on existing business and 1 with the further benefit of 2022 FIFA World Cup 0.45 cons
Slide 19: Financial Performance: Healthcare
- Financial Performance Revenue 1% Comments: • The View Hospital opened on 18 2022 December 2022. • Revenue was contributed by The View Hospital and an ongoing operations management contract. Revenue Composition 2022 Main Growth Drivers • Long term operation management contract • Low risk model • WM
Slide 20: Financial Performance: Ventures
- Financial Performance Revenue Main Growth Drivers Comments: • Al Maha Island (opened 01 November), 2% Al Maha featuring Lusail Winter Wonderland and ▪ Lusail Winter Wonderland/Government a range of world-class restaurants contributed the majority Subsidy (88%) of 2022 revenue. 2022 ▪ Restaurants R
Slide 21: Growth story
- Growth story Modular Maldives Factory HEALTHCARE OPERATION Algeria Projects MANAGEMENT MODEL Market Expansion Kazakhstan Projects EBITDA Estimated Growth by EBITDA Egypt Projects QAR 518 mn Audited 2.5x - 3x 22 2022 2023 2025 Beyond
Slide 22: Outlook
> Estithmar Holding Q.P.S.C. OUTLOOK
Slide 23: Healthcare Operation Management Model
HEALTHCARE OPERATION MANAGEMENT MODEL
Slide 24: Potential Market Growth
- Potential Market Growth Total Population Current Insured Jan 2023 Market 2.9 M 500,000 Potential Insured Market After implementing the Qataris Non-Qataris healthcare decree 300,000 2.6 M QAR Potential to Non-Labor Labor capture 5 bn traveler for healthcare 1.4 M 1.2 M Potential Targeted Market
Slide 25: Diversified Healthcare portfolio
- Diversified Healthcare portfolio SPECIALTY ACUTE CARE AMBULATORY OPERATION PUBLIC-PRIVATE NEW MARKET LONG TERM CARE & DIGITAL HOSPITALS SERVICES MANAGEMENT PARTNERSHIP EXPANSION REHABILITATION HEALTH Korean Medical Purpose built ▪ Virtual visits The View Center facility anchored ▪ Medical second H
Slide 26: Revenue Drivers & Differentiators
- Revenue Drivers & Differentiators Drivers Differentiator Drivers Differentiator Drivers Differentiator Wide spectrum of Cedars Sinai Affiliation Market Gap ASAN Affiliation Operation Management WMC Affiliation healthcare services Inbound patient (Plastic Korean Business Model German Business Outbo
Slide 27: Complex care hospital
COMPLEX CARE SPECIALITY SIGNATURE SERVICES SERVICES WOMEN’S HEALTH USUALLY TREATED ABROAD 01 ONCOLOGY HEART HEALTH DIABETES CARE 02 CARDIOLOGY EXECUTIVE HEALTH 03 STROKES WELLNESS (WEIGHT MANAGEMENT & COMPLEX BARIATRIC SURGERY) 04 ORTHOPEDIC FAMILY HEALTH #1 In California #2 In The USA Has been name
Slide 28: Korean medical center
IN PARTNERSHIP WITH THE BEST KOREAN MEDICINE PROVIDERS: PLASTIC SURGERY, DERMATOLOGY NAD WELLNESS CENTER FERTILITY CENTER FERTILIYCENTER DENTAL CLINIC PAIN MANAGEMENT, REHABILITATION & KOREAN MEDICINE CENTER SPINE & JOINT CENTER VISION CENTER PRIMARY CARE SERVICES EXECUTIVE HEALTH CHECK UP CENTER Co
Slide 29: Operation Management Model
MEDICAL SERVICES DEPARTMENT OF INTERNAL MEDICINE SURGERY DEPARTMENT LABORATORY & PATHOLOGY ANESTHESIOLOGY, INTENSIVE CARE MEDICINE AND PAIN THERAPY WOMEN´S HEALTH – GYNAECOLOGY & OBSTETRICS DIAGNOSTIC- & INTERVENTIONAL RADIOLOGY FUNCTIONAL DIAGNOSTIC PEDIATRICS, ADOLESCENT MEDICINE & NEONATOLOGY EME
Slide 30: Long-term care hospital
SIGNATURE SERVICES WOMEN’S HEALTH MEN’S HEALTH HEART HEALTH CHILD HEALTH COMMUNITY HEALTH & WELLNESS 1.3 bn QAR 14.95% IRR 1.2 bn QAR +400 20 Initial investment At investment Annual revenue Beds Operating at stabilization Rooms
Slide 31: Touristic Destinations, Hotels and Resorts
Touristic Destinations Hotels and Resorts Hospitality and Entertainment Subsidiary of Estithmar Holding Purposed focus Accommodation AL MAHA ISLAND KATARA HILLS MAYSAN DOHA
Slide 32: Al Maha Island
AL Maha Island sits on 230,000sqm. It includes Lusail Winter Wonderland and a 634 mn QAR 23.02% IRR 340 mn QAR High-End District with internationally refined known brands including Zuma, Nammos, Em Sherif and more. Initial investment At investment Annual revenue at stabilization
Slide 33: Al Maha Island Lusail
AL MAHA ISLAND LUSAll
Slide 34: Katara Hills by LXR
KATARA HILLS by LXR RESORT LXR HOTELS & RESORTS A new and distinctive architectural design in harmony with nature. Located in the heart of Katara, the much-anticipated Katara Hills caters With privacy and comfort for guests. Inspired by Scandinavian architectural style, 135 mn QAR 15.2% IRR 36 mn QA
Slide 35: Maysan Doha by LXR
MAYSAN DOHA by LXR A state-of-the-art luxurious destination A world-class club and spa steeped in rich Arabian heritage and unmatched luxury, located in Aspire Doha, and operated by Hilton LXR. 234 mn QAR 12.12% IRR 53 mn QAR 33 20 13 F&B Villas Suites 65m 2 Two bedrooms Experiences Initial investme
Slide 36: Rosewood Maldives
ROSEWOOD MALDIVES by Rosewood Hotels & Resorts Scheduled to open, in Q1 2025 and will be managed by Rosewood Hotels & Resorts, the ultra-luxury global hospitality brand The Rosewood property is set to be an architectural masterpiece, featuring approximately 120 independent beach and overwater villas
Slide 37: Services cluster companies
Events & Catering Facilities Management Resources Gabro
Slide 38: Events & Catering
A reliable name in catering services and events management, fast-growing to become one of Qatar’s trusted suppliers of professional chefs, hospitality specialists and events management. Elegancia Catering is committed to provide only high- quality standards, adopting a process that ensures that only
Slide 39: Facilities Management
A leading provider of integrated facilities management services, internationally and in the State of Qatar; with years of industry experience delivering across multiple market sectors. Offering our trusted clients’ service that meets and hopefully exceeds, all their expectations. • Facilities Manage
Slide 40: Resources
Providing logistical and manpower support to some of the biggest construction projects in Qatar. The company considers the safety and prosperity of the workforce as its top priority. The company’s facilities and accommodations offer a safe, comfortable environment for all workers, complying with Qat
Slide 41: Gabro
A fast-growing delivery transport and logistic solutions for high-grade Gabro rocks; providing transportation, shipping solutions and services, offshore and onshore. Our specialized teams and huge fleet of trucks and tippers allow us to provide efficient solutions for our clients and partners. • Gab
Slide 42: Contracting cluster companies
MEP Landscape Marine Fit-Out Kitchens CESCO Watermaster
Slide 43: Service Offering Model
- Service Offering Model MEP Sourcing FF&E ▪ OS&E ▪ JOINERY Artwork ▪ 3rd Party Subcontractor Gypsum Painting ▪ ▪ FIT OUT Gladding ▪ Holistic GRG ▪ Project Management Approach INTEGRATED SERVICE OFFERING STEEL STONE KITCHEN
Slide 44: MEP
Offering MEP Solutions to clients in engineering, procurement, construction, and commissioning of MEP building services. The company is led by a team of professionals, delivering projects on time, with excellent performance and with quality results. • Mechanical services • Electrical service • Plumb
Slide 45: Landscape
One of the major landscaping players in Qatar. The company has a wide range of high-end turnkey landscaping services, water features, soft & hard landscape design, and maintenance. • Design and Engineering • Hard Landscape • Soft Landscape • Irrigation networks & pumping stations • Amusement & enter
Slide 46: Marine
Delivering efficient and economical solutions across a range of marine industries, such as offshore services, marine construction, and shipping. The company is secured by its fleet of assets, consisting of bulk carriers, tugboats, barges, spud barges, landing crafts and crew boats. • Bulk Cargo Tran
Slide 47: Fit-Out
Specialized in the fit-out and refurbishment of 4-5 star hotel & resorts, cultural, immersive and luxury mixed-use developments in the MENA region. Utilizing our in-house network of specialist contractors coupled with our extensive local and international supply chain, we offer a full turnkey soluti
Slide 48: Kitchens
Specialized in design, supply, installation and maintenance of commercial kitchen equipment and industrial laundry equipment. Offering the convenience of a single source for competitive, “turn-key” solutions to supply and install all your major foodservice equipment worldwide. • Design Drawings • Fi
Slide 49: Consolidated Engineering System Co.
Consolidated Engineering System Co. A leader company specialized in Supplying, Engineering, Installation, Commissioning and Maintenance of Fire Alarm, Firefighting, Audio & ELV Systems associated with Commercial and Residential Complexes, Industrial Plants, Military and Governmental. • Fire Alarm &
Slide 50: Watermaster
WATERMASTER Water Technology, Swimming Pools, Jaccozi, Saunas Fountains Designers & Contractors, A 17-year-old, one of the market-leading companies that specializes in water-related projects encompassing Wellness & Pools, water features, and Water Management. With More than 6000 Water Related Elemen
Slide 51: Industries cluster companies
Steel Joinery Stones Modular
Slide 52: Steel
A state-of-the-art steel services company, that provides design, fabrication, and execution of steel works. Steadfast in delivering world-leading steel technologies and first-class manufacturing capabilities, the company has built a strong reputation for its illustrious projects and acclaimed client
Slide 53: Joinery
Manufactures and executes premium contracts for high-end furniture, interiors and turnkey interior fit- out projects. The company uses only high-quality raw materials and European grade stains and lacquers to manufacture any design in a variety of sizes, specs and styles, with our advanced manufactu
Slide 54: Stones
Provides turnkey solutions for all services and types of stonework: from stone slabs distribution to supply and installation services of stone works. The company has a comprehensive variety of stone types and colors, sourced from international suppliers. • Marble and Stone supply +23,000 sqm +1,000
Slide 55: Modular
Modular Modular factory will manufacture offsite volumetric 3D turnkey modules for the construction industry embracing lean processes and techniques resulting in superior standards in quality, sustainability, regulatory compliance and health and safety. Our project types vary across multiple sectors
Slide 56: Thank You
> Estithmar Holding Q.P.S.C. THANK YOU
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