Aamal Company Q.s.c. · QSE:AHCS

Aamal Company Q.s.c — Aamal Company Q.P.S.C. — Q3 2019 Earnings Presentation

18 slides from Aamal Company Q.s.c's earnings presentation, Nov 3, 2019

  1. Slide 1: Aamal Company Q3 2019 Results Presentation

    AAMAL COMPANY Q.P.S.C. Q3 2019 RESULTS PRESENTATION 3rd November 2019 Date: 1st August 2019

  2. Slide 2: Agenda

     Q3 2019 Highlights  Financial Summary  Segmental Review Agenda  Summary and Outlook  Appendix  Group Results – Revenue by Segment  Group Results – Net Profit by Segment  Aamal’s Investment Case "Strength Through Diversity" 1

  3. Slide 3: Q3 2019 Highlights

    Q3 2019 HIGHLIGHTS  YTD Q3 a continued period of strategic development and evolution for the company where slowing demand contributing to an increased competitive environment  Financial Performance • Group revenue slightly down by 0.8% to QAR 945.3m • Net profit1 down 23.2% to QAR 259.6m • Reporte

  4. Slide 4: Contents

     Q3 2019 Highlights  Financial Summary  Segmental Review  Summary and Outlook Contents  Appendix  Group Results – Revenue by Segment  Group Results – Net Profit by Segment  Aamal’s Investment Case "Strength Through Diversity" 3

  5. Slide 5: Financial Summary

    FINANCIAL SUMMARY QARm Q3 2019 Q3 2018 % change Profitability impacted by: Revenue 945.3 953.1 (0.8%)  Slowdown in major infrastructure projects affecting Industrial Manufacturing Net profit before share of net profit of associates and joint ventures accounted for 212.3 265.5 (20.0%) using the equi

  6. Slide 6: Contents

     Q3 2019 Highlights  Financial Summary  Segmental Review  Summary and Outlook Contents  Appendix  Group Results – Revenue by Segment  Group Results – Net Profit by Segment  Aamal’s Investment Case "Strength Through Diversity" 5

  7. Slide 7: Industrial Manufacturing

    INDUSTRIAL MANUFACTURING QARm Q3 2019 Q3 2018 % change Revenue 117.5 167.1 (29.7%) Net profit - fully consolidated activities (0.7) 6.8 (109.8%) Net underlying profit margin % (0.6%) 4.1% (4.6 ppts) Share of net profit of associates and joint ventures accounted for using the equity method 43.6 68.5

  8. Slide 8: Trading and Distribution

    TRADING AND DISTRIBUTION QARm Q3 2019 Q3 2018 % change Revenue 554.0 513.8 7.8% Net profit 80.4 86.1 (6.6%) Net profit margin % 14.5% 16.8% (2.2 ppts) Note: there may be slight differences due to rounding.  Positive performance at Ebn Sina Medical • Revenue and profit up 17% and 5%, respectively, o

  9. Slide 9: Property

    PROPERTY QARm Q3 2019 Q3 2018 % change Revenue 220.1 221.9 (0.8%) Net profit - fully consolidated activities 170.5 176.4 (3.4%) Net underlying profit margin % 77.5% 79.5% (2.1 ppts) Share of net profit of associates and joint ventures accounted for using the equity method 3.7 4.3 (13.9%) Total net p

  10. Slide 10: Managed Services

    MANAGED SERVICES QARm Q3 2019 Q3 2018 % change Revenue 76.3 72.9 4.6% Net profit 5.3 5.3 1.2% Net profit margin % 7.0% 7.2% (0.2 ppts) Note: there may be slight differences due to rounding.  Performance driven by favourable results of Ecco Gulf and Fun City  Significant improvement at Ecco Gulf •

  11. Slide 11: Contents

     Q3 2019 Highlights  Financial Summary  Segmental Review  Summary and Outlook Contents  Appendix  Group Results – Revenue by Segment  Group Results – Net Profit by Segment  Aamal’s Investment Case "Strength Through Diversity" 10

  12. Slide 12: Summary and Outlook

    SUMMARY AND OUTLOOK  Board remains confident in the outlook for Aamal  Positive developments emerging in the market and across business segments  Improving conditions in Industrial Manufacturing (growing number of business enquiries / additional orders)  Corporate contracts signed for residentia

  13. Slide 13: Any Further Questions?

    ANY FURTHER QUESTIONS? AAMAL COMPANY Imran Chughtai Chief Financial Officer E: imran.chughtai@aamal.com.qa Zaid Shelleh Risk and Compliance Manager E: zaid.shelleh@aamal.com,qa T: +974 4422 3888 www.aamal.com.qa FINANCIAL PR/IR ADVISORS Lucy Eyles Investor Relations E: Lucy.Eyles@citigatedewerogerso

  14. Slide 14: Contents

     Q3 2019 Highlights  Financial Summary  Segmental Review  Summary and Outlook Contents  Appendix  Group Results – Revenue by Segment  Group Results – Net Profit by Segment  Aamal’s Investment Case "Strength Through Diversity" 13

  15. Slide 15: Group Results - Revenue by Segment

    GROUP RESULTS - REVENUE BY SEGMENT QARm Q3 2019 Q3 2018 Change % Industrial Manufacturing 117.5 167.1 (29.7%) Trading and Distribution 554.0 513.8 7.8% Property 220.1 221.9 (0.8%) Managed Services 76.3 72.9 4.6% less: inter-divisional revenue (22.6) (22.6%) 0.0% Total 945.3 953.1 (0.8%) Note: there

  16. Slide 16: Group Results – Net Profit by Segment

    GROUP RESULTS – NET PROFIT BY SEGMENT Net profit Net profit Margin* Margin* QARm Change % Q3 2019 Q3 2018 Q3 2019 % Q3 2018 % Industrial Manufacturing 43.0 75.3 (42.9%) 36.6% 45.0% Trading and Distribution 80.4 86.1 (6.6%) 14.5% 16.8% Property (ex-FV gains) 174.2 180.8 (3.6%) 79.5% 81.5% Fair Value

  17. Slide 17: Delivering on Our Investment Case

    DELIVERING ON OUR INVESTMENT CASE Strength through diversity Operating in an attractive, growing market  Diversified for balanced exposure across the  Qatar is one of the world’s fastest growing and Qatari economy most successful economies  26 active business units  Strong market positions in ke

  18. Slide 18: Shukran

    Shukran "Strength Through Diversity" 17

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