Alamar Foods Co. · TADAWUL:6014
Alamar Foods — Q2 2025 Earnings Presentation
19 slides from Alamar Foods's earnings presentation, Aug 7, 2025
Slide 1: Earnings Presentation Q2 2025
Earnings Presentation Q2 2025
Slide 2: Agenda for today's Earnings Call
Agenda for today’s Earnings Call • Q2 2025 Key messages • Alamar at a Glance • Financial Performance • Q&A 7 August 2025 2
Slide 3: Q2 2025 Key messages
Earnings Presentation – 7 August 2025 Q2 2025 Key messages
Slide 4: Strategic Roadmap for Alamar's Path Forward
Strategic Roadmap for Alamar’s Path Forward We have strengthened Alamar’s core across commercial, operational and organizational dimensions, well positioning the company to execute organic expansion and capitalize on attractive inorganic opportunities. Growth and profitability momentum Three consecu
Slide 5: Improving growth momentum and profitability gains, while delivering customer value
Improving growth momentum and profitability gains, while delivering customer value A pickup in revenue growth and margin gains …with positive contribution from all On track to meet store rollout and revenue seen over the past three quarters… geographies and brands in Q2 2025 growth guidance this yea
Slide 6: Strengthening business model to drive profitable growth and value creation
Strengthening business model to drive profitable growth and value creation Efficiency & agility Tech & IT Omnichannel • Self-ordering kiosks pilots in UAE. • Launch of a strong carry-out • Saudi AI solution for real estate, to implement in Q3. promotion in UAE, integrated with our omnichannel Base •
Slide 7: Elevated store designs and efficient format mix
Elevated store designs and efficient format mix 7 August 2025 7
Slide 8: Alamar at a Glance
Earnings Presentation – 7 August 2025 Alamar at a Glance
Slide 9: Leading QSR player in MENA region, backed by strong brands
Leading QSR player in MENA region, backed by strong brands… Number of restaurants by brand 92% 6% 639 649 65 70 601 627 56 62 Domino’s as % of Q2 Dunkin as % of 2025 revenue1 Q2 2025 revenue1 2022 2023 2024 H1 2025 2022 2023 2024 H1 2025 • Top-line performance in Q2 2025 was supported by the company
Slide 10: Advanced digital capabilities, capex-light expansion model and solid cash generation
…with advanced digital capabilities, capex-light expansion model and solid cash generation Alamar is leveraging omni-channel ordering and multiple service … and is well positioned to … supported by strong methods to address evolving consumer preferences… benefit from major trends in digital and deli
Slide 11: Financial Performance
Earnings Presentation – 7 August 2025 Financial Performance
Slide 12: Q2 2025 financial highlights
Q2 2025 financial highlights 237mn 71mn 29mn 15mn SAR SAR SAR SAR Revenues Gross Profit Adj. EBITDA Net Profit To Shareholders * +5% YOY +3% YOY +10% YOY +17% YOY 17mn 38mn 29mn 73mn SAR SAR SAR SAR Adj. Net Profit To Shareholders * OCF FCF Net Cash +20% YOY +177% YOY +128% YOY -21%
Slide 13: Total store count increased to 719 restaurants as of June 2025
Total store count increased to 719 restaurants as of June 2025, up 3.9% YoY Group Store Count by Region Q2 2025 Group Store Count by Brand +12 +4 +8 +3 Brand Q2 24 Q2 25 YoY Change 281 293 167 170 121 125 123 131 Domino’s 629 649 +20 Dunkin’ 63 70 +7 Corporate KSA Corporate GCC & Corporate NA Non-co
Slide 14: Revenue growth accelerated in Q2 2025, with KSA maintaining growth momentum
Revenue growth accelerated in Q2 2025, with KSA maintaining growth momentum Revenues (SAR mn) Q2 2025 +5% Share of Q2 2025 226.4 229.0 229.2 236.7 revenue 211.1 in stable currency 88% +1% +0% -8% +12% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Total Revenue Movement by Geography YoY (SAR mn) Q2 2025 Revenue perf
Slide 15: Lean cost base and operating leverage sustain YoY margin gains
Lean cost base and operating leverage sustain YoY margin gains for third consecutive quarter Adj. EBITDA Margin (%) Q2 2025 +0.6% 11.9% 12.7% 12.8% 12.5% A more agile cost Margin held firm Sales-driven Gross margin gains 6.3% base and efficiency despite Ramadan operating leverage offset increased ga
Slide 16: Operating improvements translated into continued net income growth
Operating improvements translated into continued net income growth Q2 2025 EBITDA reconciliation Net Profit To Shareholders (SAR mn) (SAR mn) Q2 2025 +17% 21.6 Net Income to shareholders 15.3 20.3 13.1 15.3 Minority interest (0.4) Finance cost, net 2.7 +55% +6% n/m n/m Zakat and income tax 0.9 (0.9)
Slide 17: Strong balance sheet supports consistent dividends
Strong balance sheet supports consistent dividends, as top-line momentum strengthens cash flow H1 2025 Cash flow performance and balance sheet Cash & Cash Equivalents Movement YTD (SAR mn) • Net operating cash flow rose nearly threefold year-on-year to SAR 38.3 million in Q2 50.2 2025, primarily ref
Slide 18: Sales momentum YoY remained positive every month throughout Q2 2025
Sales momentum YoY remained positive every month throughout Q2 2025, and continued into July Average daily sales - Group (January 2023 = 100%) Ramadan Summer break Ramadan Summer break Ramadan Summer break 2023 2023 2024 2024 2025 2025 105 108 107 100 99 98 99 92 94 93 95 94 89 91 90 88 89 90 91 86
Slide 19: Questions & Answers
Questions & Answers ZA