Aamal Company Q.s.c. · QSE:AHCS
Aamal Company Q.s.c — Aamal Company Q.P.S.C. — FY2018 Earnings Presentation
17 slides from Aamal Company Q.s.c's earnings presentation, 2019
Slide 1: Aamal Company Q.P.S.C. Full Year 2018 Results
AAMAL COMPANY Q.P.S.C. FULL YEAR 2018 RESULTS
Slide 2: Contents
Contents • Key Full Year 2018 Developments • Financial Summary • Segmental Review • Summary and Outlook • Appendix
Slide 3: Key FY 2018 Developments
Key FY 2018 Developments • Performance in line with expectations, impacted by pre-identified, medium-term factors - Reclassification of 2 entities within Industrial Manufacturing from subsidiaries to JVs - Renovation of ‘City Center Doha’ shopping center • Proposed dividend of QAR 0.60 a share - Sub
Slide 4: Delivering On Our Investment Case
Delivering On Our Investment Case 1. Operating in an attractive, growing market - Qatar is one of the world’s fastest growing and most successful economies - Strong market positions in key high-growth sectors - Significant growth opportunities 2. Strength through diversity - Diversified for balanced
Slide 5: Financial Summary
_ FINANCIAL SUMMARY www.aamal.com.ga
Slide 6: Financial Summary
Financial Summary QARm FY 2018 FY 2017 % change Revenue 1,286.6 1,604.2 (19.8%) Net profit before share of net profit of associates and joint ventures 347.6 421.0 (17.4%) accounted for using the equity method • A year of investment for and FV gains on investment properties future growth Net underlyi
Slide 7: Segmental Review
_ SEGMENTAL REVIEW www.aamal.com.ga
Slide 8: Segmental Review – Industrial Manufacturing
Segmental Review – Industrial Manufacturing QARm FY 2018 FY 2017 % change Revenue 230.5 582.2 (60.4%) Net profit - fully consolidated 6.9 71.2 (90.3%) activities Net underlying profit margin % 3.0% 12.2% (9.2) ppts Share of net profit of associates and joint ventures 94.6 96.6 (2.1%) accounted for u
Slide 9: Segmental Review – Trading & Distribution
Segmental Review – Trading & Distribution QARm FY 2018 FY 2017 % change Revenue 696.4 633.3 9.9% Net profit 125.3 116.2 7.8% Net profit margin % 18.0% 18.3% (0.3) ppts • Strong YoY performance largely attributable to the success of Ebn Sina Medical • Revenue and net profit both up significantly up Y
Slide 10: Segmental Review – Property
Segmental Review – Property QARm FY 2018 FY 2017 % change Revenue 295.4 320.9 (7.9%) Net profit - fully consolidated 235.7 262.6 (10.2%) activities Net underlying profit margin % 79.8% 81.8% (2.0 ppts) Share of net profit of associates and joint ventures 5.4 5.5 (1.8%) accounted for using the equity
Slide 11: Segmental Review – Managed Services
Segmental Review – Managed Services QARm FY 2018 FY 2017 % change Revenue 96.7 95.3 1.5% Net profit 8.2 7.0 17.1% Net profit margin % 8.5% 7.3% +1.2 ppts • Aamal Services embarked on a highly successful expenditure review • 58% increase in net profit, 6 ppt increase in margin • Successful renegotiat
Slide 12: Summary and Outlook
_ SUMMARY AND OUTLOOK www.aamal.com.ga
Slide 13: Summary and Outlook
Summary and Outlook • Continued to build on an enviable track record through organic growth and new business • Strengthened market positions • Agile in remaining one step ahead of competition through a diversified business model • Quick to respond to opportunities presented by the strength of the Qa
Slide 14: Any further questions?
Any further questions? Please contact: Aamal Company Arwa Hamdieh Board Secretary arwa.hamdieh@aamal.com.qa T: +974 4422 3888 www.aamal.com.qa Financial PR/IR advisers Andrew Hey andrew.hey@citigatedewerogerson.com Toby Moore toby.moore@citigatedewerogerson.com Lucy Eyles lucy.eyles@citigatedeweroge
Slide 15: Appendix
APPENDIX www.aamal.com.ga
Slide 16: Group Results – Revenue by Segment
Group Results – Revenue by Segment QARm FY 2018 FY 2017 Change % Industrial Manufacturing 230.5 582.2 (60.4)% Trading and Distribution 696.4 633.3 9.9% Property 295.4 320.9 (7.9%) Managed Services 96.7 95.3 1.5% less: inter-divisional revenue (32.4) (27.6) 17.4% Total 1,286.6 1,604.2 (19.8)%
Slide 17: Group Results – Net Profit by Segment
Group Results – Net Profit by Segment Underlying Underlying QARm FY 2018 FY 2017 Change % margin * margin * 2018 FY % 2017 FY % Industrial 101.5 167.8 (39.5%) 3.0% 12.2% Manufacturing Trading and 125.3 116.2 +7.8% 18.0% 18.3% Distribution Property (ex-FV 241.1 268.1 (10.1%) 79.8% 81.8% gains) Fair V
Aamal Company Q.P.S.C. — FY2018 Earnings Presentation on 6ix