Tanmiah Food Company · TADAWUL:2281
Tanmiah Food — 9M 2021 Earnings Presentation
15 slides from Tanmiah Food's earnings presentation, November 2021
Slide 1: Investor Presentation – 9M 2021
TANMIAH Investor Presentation – 9M 2021 November 2021
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared solely for use as an investor presentation for Tanmiah Food Company (the “Company”). By attending or by reading this presentation, you agree to be bound by the following limitations. The information contained in this presentation is for background purpo
Slide 3: Table of Contents
TABLE OF CONTENTS 1 Highlights 2 9M21 and Q3 Financial Review 3 Strategy and Outlook 4 Sustainability 3
Slide 4: 9M Highlights
9M Highlights Delivered double digit sales growth and strengthened market position 27.8% 53% 38% 200k trees y-o-y revenue growth, Recovery of QSR Volume up from 268k birds Progress against 1m tree to SAR 1.13 bn segment post Covid-19 killed per day to 370k in 9M initiative, which was 2021 started in
Slide 5: 9M21 and 3Q21 Financial Highlights
02 9M21 and 3Q21 Financial Highlights
Slide 6: Financial Performance
Financial Performance Tanmiah recorded strong revenue growth amid resurgence in consumer spending Revenues (SAR mn) Revenue contribution – Business units +27.8% 1124.8 9.0% +28.1% 16% 880.1 22.0% 12% 72% 389.9 69.0% 366.5 280.1 304.3 2Q 20 3Q 20 2Q 21 3Q 21 9M 20 9M 21 Fresh Poultry Further Processe
Slide 7: Financial Performance – 9M 2021
Financial Performance –9M 2021 Pressure on margins due to high grain pricing in global markets Gross Profit and Gross Margin EBITDA and EBITDA Margin Net Income and Net Income Margin 22.5% 13.9% 300 24.8% 30.0% 140 10.3% 16.0% 5.0% 2.3% 14.7% 26.0% 252.6 122.2 50 7.0% 44 250 25.0% 120 115.5 14.0% 45
Slide 8: Prudent balance sheet management
Prudent balance sheet management Balance sheet (SAR mn) 844 591 643 840 239 207 444 374 357 348 Assets Liabilities and Equity Assets Liabilities and Equity Non-current assets Current Assets Equity Non-current Liabilities Current Liabilities 9M 2021 Dec 2020 RoIC % 10% 12% Profitability RoE % 15% 21%
Slide 9: Strategy and Outlook
\ 4 03 Strategy and Outlook =~
Slide 10: Strong Foundation For Future Growth
Strong Foundation For Future Growth We are confident of achieving our aim of becoming a leading producer and distributor of food products, including poultry and meat products in the MENA region Our pathway to further rapid expansion rests on solid ground 01 02 03 04 05 Asset-light Our excellent Our
Slide 11: Supported by Government Initiatives
Supported by Government Initiatives The Saudi government continues to support the Food sector directly and indirectly as part of the 2030 vision initiatives and programs 2020 2030 Private Sector GDP Contribution 50% 65% of GDP of GDP 2020 2025 Broiler Self Sufficiency Goals 60% 80% ✓ Achieved as of
Slide 12: Strong Foundation For Future Growth
Strong Foundation For Future Growth Planned Capex of SAR 733 MN allowing Tanmiah to capture new and emerging growth opportunities. Asset-light business model enables rapid and flexible expansion Planned Capital Expenditure PPL YE Capacity (SAR MN) (Bird’ 000/ day) 91% 89% 80% 80% 80% 733 Expansion o
Slide 13: Sustainability
04 Sustainability
Slide 14: Committed to environmental and social sustainability
Committed to environmental and social sustainability Tanmiah puts sustainability at the heart of its operations through its Giving, Earning, Sustaining model Environmental initiatives Community initiatives ▪ Solid and wastewater recycling – 140+ mega liters of ▪ Hiring and training of Aytaam with th
Slide 15: Thank You
THANK YOU Investor Relations & Media Queries Mr. Hussam Al Shareef, Investor Relations Officer ir@tanmiah.com www.tanmiah.com 15