factsheet - vivo energy/media/files/v/vivo... · 2019-01-21 · source: bmi, un world population...
Post on 11-Jun-2020
4 Views
Preview:
TRANSCRIPT
FACTSHEET
Commercial customers: c.3.8bn litres 1
Retail customers: c.5.2bn litres 1
Fuel supply(domestic refineries & tenders, Vivo Energy
own imports)
Access to six lubricants blending plants
On average 156,000 km driven daily to deliver our products in 2017
943,000 cubic metres of fuel storage capacity in 97 locations, across 14 countries 2
More than 1,800 Shell-branded service stations
Source: BMI, UN World Population Prospects 2017, UN World Urbanization Prospects 2014, McKinsey Global Institute: “Lions on the move II: realizing the potential of Africa’s economies”, Deloitte: “The Deloitte Consumer Review Africa: A 21st century view”. 1. Fuel and lubricants sales volumes in 2017 2. Includes equity share of storage capacity in joint ventures, excludes bitumen and LPG. JV storage included on a pro rata basis, based on ownership percentage
Retail operations in 15 countries
Over 1,800 service stations
Around 2,350 employees
700,000 customers served daily
*2017 adjusted EBITDA split
Retail Commercial Lubricants
• One of Africa’s largest retailers
• Over 1,800 exclusive, Shell-branded service stations, with more than 500 added between 2012 – 2017
• Over 450 multi-branded convenience retail and quick service restaurant outlets added or redeveloped between 2014 – 2017
• Quality network in strategic locations, with volumes per site of 1.9 times market average
• Strong, established positions in many of our markets
• Around 5,000 customers across construction, transport, power, mining, aviation and marine
• LPG sold in eight countries
• Mix of long term contracts, tender business and spot sales
• Leading global Shell-branded products (Helix and Rimula)
• Integrated manufacturing, distribution and marketing operations
• Multi-channel distribution through service stations, distributors and direct to commercial customers
• Lubricants are also exported to more than 10 other African countries
60.4%* 11.2%* 28.4%*
INTEGRATED MODEL
BUSINESS SECTORS
• Market leading pan-African fuel retailer, operating under the Shell brand, in high growth markets
• Sources, distributes, markets and supplies high quality products and services to retail and commercial customers across Africa
• Strong growth track record – number one or two market position in 14 out of 15 retail markets
• Will add a further 8 new markets to portfolio under the Engen brand in March 2019 ■ Vivo Energy countries with retail sites ■ EVO country under discussions
■ EVO countries in new scope ■ EVO country where Vivo Energy has retail sites
MAURITIUS
TUNISIA
UGANDA
NAMIBIA BOTSWANA ZIMBABWEREUNION
MADAGASCAR
SENEGAL
GUINEA
IVORY COAST
GHANA
MALI
MOROCCO
CAPE VERDE
BURKINA FASO
GABON
ZAMBIA
MALAWI
MOZAMBIQUETANZANIA
RWANDA
KENYA
DRC
January 2019
EXECUTIVE DIRECTORS
Christian Chammas, CEO• Appointed CEO of Vivo Energy in January
2012• Held executive positions in a 31-year career
at Total including CEO for Total Group of Companies in Nigeria, Cameroon and Kenya
Johan Depraetere, CFO• Appointed CFO of Vivo Energy in April 2012• Previously worked for the Samsung Group in
Korea for nine years• Has also held roles at Morgan Stanley and
McKinsey
BUSINESS OVERVIEW
OUR STRATEGY ENGEN TRANSACTION
FAVOURABLE AFRICAN MACRO TRENDS DRIVING OUR GROWTH
Source: BMI, UN World Population Prospects 2017, UN World Urbanization Prospects 2014, McKinsey Global Institute: “Lions on the move II: realizing the potential of Africa’s economies”, Deloitte: “The Deloitte Consumer Review Africa: A 21st century view”. 1. As compared to 2015 population. 2. As of December 2015. 3. As of December 2015, includes motorbikes.
FAST POPULATION GROWTH
YOUNG POPULATION
RAPID URBANISATION
GROWING MIDDLE CLASS
STRONG GDP GROWTH IN VIVO ENERGY COUNTRIES
INCREASING CONSUMER SPENDING
RAPID VEHICLE GROWTH
STRONG INFRASTRUCTURE DEVELOPMENT
• 1.2 billion more people by 2050 1
• 65% of global population growth
• Median age of 19 vs. 30 and 38 in Asia and USA, respectively 2
• Urban population to grow from 40% to 56% from 2015 – 2050
• 376 million to 582 million people from 2013 – 2030
• 5% CAGR 2016 – 2021 GDP growth
• 4% household consumption CAGR 2015 – 2025
• 7% CAGR 2016 – 2021
• 33 vehicles per 1,000 people vs. 560 in Europe 3
• $150 billion of annual infrastructure spending required by 2025
Founded in December 2011, with a vision to become Africa’s most respected energy business
Experienced management team, with a proven track
record of delivery
Integrated, entrepreneurial and performance driven
business model
Organic and inorganic growth across fuel, convenience retail and Quick Service
Restaurants (QSR)
World class Health & Safety performance
Most preferred fuel brand across our markets
Unconditional agreement with Engen to add eight new markets and over 225 retail sites to Vivo Energy’s network, taking its total presence to over 2,000 service stations, across 23 African markets. This will raises our potential target market to around 425 million consumers – 35% of Africa’s population.
1 Remain a responsible and respected business
2 Preserve our lean and agile organisation and performance-driven culture
3 Maximise value of our existing business
4 Pursue value accretive growth
5 Maintain attractive and sustainable returns through disciplined financial management
SHAREHOLDER STRUCTURE
38%
31%
30%Free float
1% Management
January 2019
top related