Sal Saudi Logistics Services Company · TADAWUL:4263
Sal Saudi Logistics Services — Q1 2026 Earnings Presentation
26 slides from Sal Saudi Logistics Services's earnings presentation, May 6, 2026
Slide 1: Q1 2026 Earnings Presentation
Q 1 2026 Earnings Presentation 6 May 2026
Slide 2: Disclaimer
Disclaimer IMPORTANT: please read the following before continuing. The following applies to this document and the information contained the rein, the oral presentation by SAL Saudi Logistics Services Co. (the "Company") or any person on behalf of the Company, and a ny question -and -answer session t
Slide 3: Presenters
Presenters Omar Talal Hariri Haydar Ucar Chief Executive Officer Chief Financial Officer SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q1 2026 Results 3
Slide 4: 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 Ground Handling Logistics Zones ▪ National scale : ▪ End -to -end solutions: G lobal Freight ▪ 1.5m sqm Falcon City hub with 19 Airports, 4 Hubs Management, Contra
Slide 5: How We Are Supporting Our Future Growth
How We Are Supporting Our Future Growth Expansion Engines Operational Excellence Transformation Enablement Expand Offerings Streamline Processes Digitalization • Diversified verticals across • Deploy real -time tracking • Deploy advanced digital logistics & super niche platforms for end -to-end visi
Slide 6: Operating Environment
Operating Environment Temporary Disruption to Air Cargo and Resilient Demand and Shifting Maritime Trade Flows Trade Dynamics ▪ Regional airspace restrictions and maritime disruptions ▪ Demand partially shifted to alternative routes impacted global trade flows, particularly in March and transport mo
Slide 7: Overview of Q1 2026 Performance
Overview of Q 1 2026 Performance Resilient topline growth with improved earnings quality and strong cash conversion, despite temporary disruptions Margin Discipline & Operating Core Business Strength with Disciplined Execution on Leverage Supporting Profitability Improving Logistics Performance Stra
Slide 8: Q1 2026 Financial Performance
Q 1 2026 Financial Performance SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q1 2026 Results 8
Slide 9: Robust Revenue Growth and High-Quality Earnings
Robust Revenue Growth and High -Quality Earnings Revenue EBIT Net Profit ^ 446 ^ 171 ^ 157 16% YoY million 4 % YoY million 2% YoY million SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q1 2026 Results 9
Slide 10: Q1 2026 Financial Summary
Q 1 2026 Financial Summary Resilient topline growth with improved earnings quality and strong cash conversion, despite temporary disruption Revenue Operating Profit (EBIT) (^ Million) (^ Million) ▪ Solid revenue quality in the Cargo Ground ▪ EBIT continues to grow, reflecting sustained +16% Handling
Slide 11: Financial Summary: Ground Handling and Logistics EBIT
Q 1 2026 Financial Summary Operating Profit (EBIT) (^ Million) EBIT100.0% Margin (%) 250,000 98.0% 96.0% 219 94.0% 92.0% 90.0% 88.0% 86.0% 181 183 188 200,000 84.0% Margins Impacted by Temporary Cost Pressures, 82.0% 80.0% 166 Ground handling 78.0% 76.0% 74.0% with Underlying Performance Remaining R
Slide 12: Financial Summary: Working Capital and NWC Margin
Q 1 2026 Financial Summary Strong Cash Conversion Supported by Disciplined Working NWC and NWC Margin Capital Management 350 (^ Million) and (%) 329 40 300 ▪ The quarter was characterized by a non -volume -led growth profile 250 30 236 200 ▪ Working capital remained well controlled despite operating
Slide 13: Financial Summary: Cash Flow Movement
Q 1 2026 Financial Summary Cash Flow Movement (^ Million) Disciplined Capital Allocation Supports Investment 996 (30) and Shareholder Returns (70) ▪ Closed the period with a strong net cash position of ^ 1.56 billion, supported by disciplined working -capital management and robust operating cash gen
Slide 14: Division Deep Dive: Ground Handling
Division Deep Dive: Ground Handling SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q1 2026 Results 14
Slide 15: Ground Handling Division: Resilient Performance
Handling Ground Ground Handling Division: Resilient Performance Driven by Yield Strength and Operational Agility Revenue EBIT EBIT ^ 384 Margin 48.8 % ^ 188 19% YoY million 7.9pp 3 % YoY million SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q1 2026 Results 15
Slide 16: Ground Handling Performance Highlights
Ground Handling Performance Highlights Core profit engine delivering resilient performance driven by pricing, revenue quality, and operational agility during disrup tion Maintaining Service Continuity Revenue ( ^ Million) Pricing Strength & Revenue Temporary Cost Pressures During Disruption, with a
Slide 17: Ground Handling Performance Highlights: Volumes
Ground Handling Performance Highlights Ground handling volumes impacted by disruption, with operations maintaining cargo flows and supporting customers Volumes (Million KG) -1.7% ▪ 238 million KG handled in Q 1 2026 , down 1.7% YoY, 238 despite temporary disruption to regional airspace 242 ▪ Operati
Slide 18: Division Deep Dive: Logistics
Division Deep Dive: Logistics SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q1 2026 Results 18
Slide 19: Logistics Division: Improving Performance with Strengthening Activity Levels
Logistics Division: Improving Performance with Strengthening Activity Levels Revenue EBIT EBIT ^ 62 Margin (21.8) % ^ (13) 1% YoY million 6.8 pp 24 % YoY million SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q1 2026 Results 19
Slide 20: Logistics Performance Highlights
Logistics Performance Highlights Improving performance with strengthening activity levels and continued investment in scalable capabilities Underlying Performance Capability Build -out and Revenue ( ^ Million) Recovery Following Disruption Improving as the Operating Commercial Expansion -1% to Trade
Slide 21: Outlook and Guidance
Outlook and Guidance SAL Saudi Logistics Services Co. (Ticker: 4263.SR) Q1 2026 Results 21
Slide 22: 2026 Outlook & Priorities
2026 Outlook & Priorities Area Outlook Strategic Levers Ground Sustained operational momentum, underpinned by continued volume uplift, improved service mix and Automation, product innovation, cost control, long -term client growth, and Handling disciplined execution Vision 2030 alignment On track fo
Slide 23: Recap of SAL Growth Initiatives
Recap of SAL Growth Initiatives Ground Handling Logistics Zones ▪ Strengthen core capabilities ▪ Continue building a scalable ▪ Advance development of and operational efficiency and integrated logistics SAL Logistics Zone as a ▪ Drive growth through capacity operating model. grade -A integrated logi
Slide 24: Closing Remarks & Key Takeaways
Closing Remarks & Key Takeaways 1. A resilient start to the year supported by disciplined execution, strong revenue quality, and effective operational response. 2. Ground Handling continued to anchor performance, while Logistics operating momentum continued improve . 3. Strong cash conversion and ba
Slide 25: 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 25
Slide 26: Q&A Get in Touch
Q&A English Arabic Explore the HTML digital interactive version 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) Q1 2026 Results 26
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