Slide 1: Investor Presentation: Full Year and Q4 FY22 Results
Shaker Investor Presentation Full Year and Q4 FY22 Results
Slide 2: Disclaimer
Disclaimer This presentation has been prepared solely for use as an investor presentation for Shaker (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 purposes only and d
Slide 3: Presenters
Presenters Mohammed Abunayyan Firas AlSayegh Mazen ElGhafeer Chief Executive Officer Director – Strategy & Vice President – Finance Transformation Page 3
Slide 4: FY22 Key Highlights
FY22 Key Highlights
Slide 5: FY22 Strategic Highlights
FY22 Strategic Highlights SIGNIFICANT ACHIEVEMENTS CORE BUSINESS HIGHLIGHTS GROWTH DRIVERS • Continued execution of transformation • Divested holding in Energy Management Services • Expanded strategic partnership with LG strategy delivering growth and Emirates LLC (EMS) Electronics to supply full ra
Slide 6: FY22 Financial Performance
FY22 FINANCIAL PERFORMANCE
Slide 7: Key Highlights: Q4-FY22
Key Highlights: Q4-FY22 Revenue by Segment SAR (Millions) Gross Profit -2.81% Gross Profit Margin +1.21pp -7.43% Q4 2022 53.27 Q4 2022 25.36% 13.49 Q4 2021 54.81 Q4 2021 24.16% 24.88 10.97% Q4 2021 6.42% Q4 2022 EBITDA -4.64% EBITDA Margin +0.16pp Q4 2022 11.30 Q4 2022 5.38% 52.24 24.87% Q4 2021 11.
Slide 8: Key Highlights: FY22
Key Highlights: FY22 Revenue by Segment SAR (Millions) Gross Profit +10.24% Gross Profit Margin +1.41pp +3.44% FY22 FY22 22.91% 237.64 FY21 13.49 FY22 FY21 215.57 FY21 21.50% 24.88 1.30% 2.48% EBITDA +5.56% EBITDA Margin +0.15pp FY22 80.50 FY22 7.76% 360.15 34.72% FY21 76.26 FY21 7.61% 408.50 40.74%
Slide 9: Robust Balance Sheet: FY22
Robust Balance Sheet: FY22 Key Return Ratios (YoY) ROA +0.23pp ROE +0.68pp 5.07% 4.39% FY22 FY22 2.11% 5.07% FY21 1.88% FY21 4.39% 1.88% 2.11% Return on Assets Return on Equity Current Ratio -2.15% Int. Bearing Loans/Equity -45.68% FY21 FY22 FY22 1.06x FY22 0.38 FY21 1.08x FY21 0.70 Earnings per Sha
Slide 10: Leverage Levels: FY22
Leverage Levels: FY22 Long-term Debt – Paid down in-full 96.6 83.6 79.3 71.0 62.6 Total Liabilities/Total Assets +2.01% Total Liabilities/Equity +4.83% 54.3 FY22 1.40x FY22 0.58x 0.0 0.0 FY21 0.57x FY21 1.34x Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Interest Bearing Debt Inter
Slide 11: Cash Flow Bridge: FY22
Cash Flow Bridge: FY22 Includes Zakat, Finance Disposal classified as held Costs, & EOSB payments for sale (NV) & divestiture Highlights 29.2 (EMS) • Favorable profitability during FY22 42.0 3.1 • FY22 net cash increase of 63.3 19.7mn 72.7 -8.0 53.0 • Offset by change in working capital mainly due -
Slide 12: A Strong Foundation for Growth
A Strong Foundation for Growth
Slide 13: Shaker - A Unique Investment Opportunity
Shaker - A Unique Investment Opportunity Products, Brands & Services Management Distribution Market-leading products, A senior executive Extensive distribution network internationally-renowned management team offering a covering Saudi Arabia and +20 brands, high-quality after high level of sector ex
Slide 14: World-Class Brand Portfolio & Competitive Positioning
World-Class Brand Portfolio & Competitive Positioning Air Conditioners Home Appliances Competitive Positioning High-end Flexibility Low-end Functionality Page 14
Slide 15: Strategic Priorities for Future Growth
Strategic Priorities for Future Growth Grow market share Operational Organization and product mix efficiency & Talent • Become the leading supplier • Grow market share • Digitize to enhance reporting in existing business segments mechanism & add new brands and • Organic growth - increase products to
Slide 16: Q&A Session
Q&A Session
Slide 17: Appendix
APPENDIX
Slide 18: Shaker's Story
Shaker’s Story LAUNCHED Turnaround & Capital increase from Transformation Strategy Air Conditioners (Sole SAR 350 million to SAR Execution Distribution Rights) 630 million LAUNCHED KSA Manufacturing Arm Expansion of LG Air LAUNCHED - Joint Venture signed Public Listing - IPO Annual sales turnover Co
Slide 19: Middle East's Leading A/C & Home Appliance Solutions Company
Middle East’s Leading A/C & Home Appliance Solutions Company Saudi’s leading authorized importer & distributor of key international brands Air Conditioning (A/C) Home Appliances Core products Consumer A/C Commercial A/C Applied A/C Major Domestic Dishwasher Food preparation Split A/C Chillers Ceilin
Slide 20: Manufacturing Partner of Choice for LG A/C in Middle East
Manufacturing Partner of Choice for LG A/C in Middle East • Current products: Window, Wall Integration of robotics mounted Split units, Concealed units, Alignment with Vision 2030 and AI to improve Cassette units, Free stand units, Single National Industrial Program manufacturing Package units, Air
Slide 21: Contact
CONTACT MR. MAZEN ELGHAFEER VICE PRESIDENT FINANCE M.GHAFEER@SHAKER.COM.SA +966-11-2638900