Agility Public Warehousing Co. K.S.C. · KSE:MKHZN
Agility Public Warehousing Co. K.S.C — Agility Public Warehousing Company — Q1 2018 Earnings Presentation
18 slides from Agility Public Warehousing Co. K.S.C's earnings presentation, May 10, 2018
Slide 1: Analyst Call – First Quarter 2018
Analyst Call – First Quarter 2018 10th of May 2018
Slide 2: Disclaimer
Disclaimer This presentation is strictly confidential and is being shown to you solely for your information and may not be reproduced, retransmitted, further distributed to any other person or published, in whole or in part, for any purpose. This presentation has been prepared by Agility Public Ware
Slide 3: Agenda: Q1 2018
Agenda : Q1 2018 1 Financial Highlights 2 Business Segments 3 2020 Goal 4 Q&A 3
Slide 4: Q1 2018 Results
Q1 2018 Results
Slide 5: Q1 2018 highlights
Q1 2018 highlights Agility started 2018 on a good note Agility • Agility continues to deliver strong results and maintain growth momentum • Double digit EBITDA growth in line with company’s plan • Accelerating transformation effort to establish ourselves as a digital leader in the logistics industry
Slide 6: Q1 Group financial performance
Q1 Group financial performance KD Mn Agility continues to steadily improve its financial performance Revenue Net Revenue +51 (+16%) +14 372 (+12%) 321 125 111 Margin Margin 34.6% 33.5% Q1 2017 Q1 2018 Q1 2017 Q1 2018 EBITDA Net Profit +7 +4 (+23%) (+30%) 38 19 31 15 Margin Margin Margin Margin 9.6%
Slide 7: Q1 Group financial performance: contribution by Business Group
Q1 Group financial performance KD Mn Revenue contribution by Business Group EBITDA contribution by Business Group Y-o-Y +30% +21% +23% +16% +17% +16% Growth 372 38 14 321 38 5 7 31 2 (20%) 6 GIL (19%) 278 240 (75%) GIL (75%) 30 25 (80%) Infra (81%) 80 94 Infra (25%) (25%) Q1 2017 GIL Infrastructure
Slide 8: Balance Sheet
Balance Sheet KD Mn Maintaining a strong balance sheet Balance sheet Q1 2018 Q1 2017 Variance % Current assets 565 454 111 24% Agility maintains a healthy balance sheet with a Non-Current assets 1,201 1,122 79 7% total assets of KD 1.8 Bln and relatively low Total assets 1,766 1,576 190 12% leverage
Slide 9: Statement of cash flows
Statement of cash flows KD Mn Investing in the business to support future growth CAPEX Cash Flow Statement Q1 2018 Q1 2017 Variance % 17 100% Cash from Operating activities before 39 32 7 23% changes in working capital Changes in working capital (4) (3) (1) 23% Other Items (6) (4) (1) 34% Net Cash f
Slide 10: Business Segments
Business Segments
Slide 11: GIL financial performance – Q1 2018
GIL financial performance – Q1 2018 KD Mn Financial Highlights Regional Revenue Contribution 20% +38 (57) Growth 20% 20% (+16%) (47) AME 278 32% ASP 240 31% 19% (88) Revenues (76) EUR MEA 32% 33% (77) 18% (91) 17% 15% (41) 3% (42) Q1 2017 Q1 2018 Q1 2017 Q1 2018 +5 Service Revenues (+8%) Net Revenue
Slide 12: Infrastructure group
Infrastructure group KD Mn Strong performance across all key entities +14 (+17%) 94 Q1 2017 Q1 2018 80 +7 (+25%) 34 27 Margin Margin 34.2% 36.4% Revenue EBITDA 12
Slide 13: 2020 Goal
2020 Goal 13
Slide 14: 2020 Goal: EBITDA
2020 Goal EBITDA $ 800 Mn (~KD 230 Mn) 14
Slide 15: Growth aimed towards our 2020 Target
2020 Goal Growth aimed towards our 2020 Target Key Guidance in 2016 Q1 2018 2017A Profitability EBITDA Growth Expect to grow at double digit rate 23% 17% Operating Cash Growth 20% 15%1 To grow in line with EBITDA growth Cash/Balance Sheet Free Cash Flow KD 12M (KD 24M) Remain negative due to Capex P
Slide 16: Historical EBITDA Development
Historical EBITDA Development KD Mn Sustained momentum towards our targets Solidifying the base for sustainable Investing for Infra growth future growth GIL +95 (+71%) 230 +35 +130 (+34%) (+130%) +42 135 (+71%) 115 100 100 94 79 101 58 84 81 71 71 54 36 22 25 23 29 31 34 19 2011 2012 2013 2014 2015
Slide 17: Value creation
Value creation KD Mn Created KD 956 m in value for our shareholders with 25% IRR since 2011 Q1 return 8.5% Value Growth - KD 766 M (80%) Dividends - KD 190 M (20%) 84 1,343 335 84 318 137 204 +18% 38 +35% 254 17 96 +956 +48% 41 170 -272 (+247%) 34 225 176 -234 +46% 30 -27% 147 387 30 387 Dec 11 MCap
Slide 18: Q&A
Q&A Agility 18
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