Aramex Pjsc · DFM:ARMX
Aramex Pjsc — Q1 2022 Earnings Presentation
23 slides from Aramex Pjsc's earnings presentation, 2022
Slide 1: Investor Presentation Q1 2022 Results
INVESTOR PRESENTATION Q1 2022 RESULTS
Slide 2: Disclaimer | Cautionary Note Regarding Forward Looking Statements
Disclaimer | Cautionary Note Regarding Forward Looking Statements This presentation has been prepared solely for informational purposes. The presentation may contain forward looking statements, which reflect our beliefs or current expectations and assumptions regarding the future of the business, fut
Slide 3: Aramex Overview: Global Provider of Comprehensive Logistics and Transportation Solutions
Aramex Overview | Aramex is a Global Provider of COMPREHENSIVE Logistics and Transportation Solutions 17,000+ 65+ 600+ AED 1.4 AED 5.5 + Employees Countries Offices Billion Revenues Billion Market Cap as at Q1 2022 31 March 2022 With Aramex International Express, sending time-sensitive documents or
Slide 4: Regions | Aramex Global Footprint
Regions | Aramex Global Footprint Eu Czech Republic France Ireland Malta Netherlands Slovakia United Kingdom N&S America MENAT United States of America Canada & GSO Algeria Libya North Asia China Hong Kong Egypt Morocco Georgia Iran Palestine Sudan GCC Bahrain Iraq Tunisia Kuwait Jordan Turkey Oman
Slide 5: Q1 2022 Results Highlights
Q1 2022 Results Highlights
Slide 6: Key Business Highlights Q1 2022
Key Business highlights Q1 2022 Growing the freight and logistics business Driving efficiency for Aramex Express • 36% growth in FF and 7% growth in Logistics in Q1 22 vs Q1 21 driven • Operational efficiency continues through automatization of warehouses, AI solutions mostly by the revival in O&G,
Slide 7: Aramex opens up to 100% foreign ownership
corporate Update | aramex opens up to 100% foreign ownership FOL Developments • Post period, on Wednesday, 27th April 2022 the Board of Directors of Aramex PJSC (“Aramex”) (“the Company”) held a meeting by circulation and passed a resolution to amend Article (6) of the Company’s Articles of Associat
Slide 8: Revenues by Segment (AED m)
Financial & Performance Highlights | continued strong growth in Freight and logistics Revenues by Segment (AED m) Y-o-Y Growth 36% -14% -1% 7% 16% 2% Logistics Other 8% 3% 103 -89 Express 1,425 -2 8 5 1,449 Domestic 38% 24% Q1 2022 Freight Forwarding 27% Q1 2021 Freight Express Domestic Logistics Ot
Slide 9: Regional Breakdown | Q1 2022
Regional Breakdown |Q1 2022 EUROPE REV 182.5 13% NORTH ASIA AMERICA Rev GRTH GP -4.41 33.9 -2% 14% REV 86 6% 74.4 Volumes 1,195,424 -4% Rev GRTH -54.79 -39% REV 5% 0.85 1% GP 25.2 -40% Rev GRTH 8.3 -30% Volumes 375,327 -55% GP Volumes 1,179,725 5% MENAT REV 189.5 1.44 13% 1% GCC SOUTH ASIA Rev GRTH
Slide 10: Group Financial Results
Group Financial Results
Slide 11: Financial & Performance Highlights | Q1 2022 Group Highlights
Financial & Performance Highlights |Q1 2022 Group Highlights Revenue (AED m) Cost of Services (AED m) 1,425 1,449 -1066 -1105 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Total Overheads (AED m) Attributable Net Profit (AED m) 46 47 -287 -277 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Page 11
Slide 12: Financial & Performance Highlights | Aramex Courier
Financial & Performance Highlights |Aramex Courier Quarter Financials Express Volumes Domestic Volumes Q1 2022 Q1 2021 QoQ 25 25 Revenue 911,092 1,002,142 -9% Total Direct Cost 653,885 717,028 -9% Gross Profit 257,207 285,114 -10% 6 5 GP% 28% 28% EBIT 52,447 67,794 -23% Q1 2021 Q1 2022 Q1 2021 Q1 20
Slide 13: Financial & Performance Highlights | Aramex Freight Forwarding
Financial & Performance Highlights |Aramex Freight Forwarding Quarter Financials Volumes Q1 2022 Q1 2021 QoQ Revenue 391,133 288,281 36% Q1 2022 Q1 2021 QoQ Total Direct Cost 339,171 251,448 35% Land freight (FTL) 7,270 5,951 22% Gross Profit 51,962 36,833 41% Land Freight (LTL KGs) 8,018,115 6,396,
Slide 14: Financial & Performance Highlights | Aramex Logistics
Financial & Performance Highlights |Aramex Logistics Quarter Financials Top Revenue generating sectors Q1 2022 Q1 2021 QoQ Revenue 112,105 104,586 7% Total Direct Cost 98,843 86,554 14% Gross Profit 13,262 18,032 -26% O&G FMCG Telecommunication Fashion GP% 12% 17% EBIT 5,885 5,702 3% EBIT% 5% 5% Eco
Slide 15: Financial Ratios
Financial & Performance Highlights | Q1 2022 Group Highlights Financial Ratios Q1 2022 Q1 2021 QoQ Gross Profit Margin % 23.7% 25.2% -1.5% EBIT % 5.2% 5.6% -0.4% EBTIDA% 11.7% 11.9% -0.2% Net Profit Margin % 3.3% 3.2% 0.1% EPS (AED) 0.032 0.031 3.2% Debt/Equity % 46.8% 56.3% - Debt TO EBITDA 1.5 1.6
Slide 16: Balance Sheet Highlights
Financial & Performance Highlights | Balance Sheet Remains Strong and Liquid Balance Sheet Highlights Movement 31 Mar 2022 31 Dec 2021 Actual Change % Current assets 2,237 2,283 -45 -2% Assets held for sale 7 11 -4 -37% Non-current assets 3,083 3,107 -24 -1% Total assets 5,327 5,400 -73 -1% Current
Slide 17: Corporate Update
corporate Update
Slide 18: Investor Relations Contacts
Investor Relations Contacts Nicolas Sibuet InvestorRelations@aramex.com Chief Financial Officer Investor Tel + 971 4 211 8464 Relations Dubai - UAE aramex.com/investors Anca Cighi Investor Relations Officer Page 18
Slide 19: Thank You
THANK YOU
Slide 20: Appendix Extraordinary Items
Appendix Extraordinary items
Slide 21: EBIT
Appendix | Extraordinary items ebit Q1 2022 Q1 2021 QoQ Reported EBIT 75,006 79,455 -6% Extraordinary Items: Less: Reversal of South Africa Robbery Provision -3,673 - Add: IT Project Write-offs 8,675 - Normalized EBIT 80,009 79,455 1% Page 21 All amounts are in AED Thousands
Slide 22: EBITDA
Appendix | Extraordinary items EBITDA Q1 2022 Q1 2021 QoQ Reported EBITDA 169,935 169,844 0% Extraordinary Items: Less: Reversal of South Africa Robbery Provision -3,673 - Add: IT Project Write-offs 8,675 - Normalized EBITDA 174,937 169,844 3% Page 22 All amounts are in AED Thousands
Slide 23: Net Income
Appendix | Extraordinary items NET Income Q1 2022 Q1 2021 QoQ Reported Net Income 47,302 46,013 3% Extraordinary Items: Less: Reversal of South Africa Robbery Provision -3,673 - Add: IT Project Write-offs 8,675 - Normalized Net Income 52,304 46,013 14% Page 23 All amounts are in AED Thousands