investor presentation q2 2016 - microsoftyoy sales group financial highlights 13,260 ytd jun’16...

Investor Presentation Q2 2016

1

Group Highlights

2

Group Highlights

6,890-2.1% vs.LY

12,913-2.6% vs. LY

1,290-4.7% vs. LY

2,5130.0% vs. LY

414-23.7% vs. LY

700-23.4% vs. LY

247-43.2% vs. LY

340-62.5% vs. LY

Y

T

D

Q

2

EBIT Net IncomeGross ProfitRevenue

All numbers are in SAR million unless specified

3

Group Highlights – One offs

Q1 2016:

– Share of loss from associate (SAR 20.4 mln)

Q1 2015:

– Capital gain from the sale of packaging business (SAR 265 mln)

4

YoY Sales

Group Financial Highlights

13,260

YTD Jun’16

12,913

YTD Jun’15

-2.6%

1,263

2,5132,512

0.0%

YTD Jun’16YTD Jun’15

YoY Gross Profit

Growth


1,306

18.9% 19.5%

Margin

Q1’15 Q1’16

1,223

5.5%

1,159

18.6% 20.3% 19.2% 18.7%

6,224 6,023

Q1’16Q1’15

-3.2%-2.1%

7,036

Q2’16Q2’15

6,890

Q2’16Q2’15

1,353

-4.7%

1,290

5

511700

913

YTD Jun’16

-23.4%

YTD Jun’15

YoY EBIT

Group Financial Highlights

372

340

905

YTD Jun’15

-62.5%

YTD Jun’16

YoY NI


471

Q1’16

93

-80.3%

Q1’15

7.6% 1.5% 6.2% 3.6%

6.0% 4.7% 7.7% 6.0% 6.9% 5.4%

6.8% 2.6%

414543

-23.7%

Q2’16Q2’15

247434

Q2’15

-43.2%

Q2’16

6

285371

-23.0%

Q1’15 Q1, 16

Growth Margin

Revenue Mix by Business FY 2016

3,092


7

48%52%

RevenueYTD Jun'15

Foods Retail

45% 55%

RevenueYTD Jun'16

Foods Retail

Capital Expenditure By SegmentAll numbers are in SAR million unless specified

199

371


+86.4%

670

421


-37.2%

Foods Retail

8

Group Net Income Water Fall – Exceptional Items (YTD)

98

89

547

340

USD SourcingFoods

FX ImpactFoods

YTD June 2016

(Clean Net Income)

Loss from Associate

20

YTD June 2016

65

705

905

265

Capital Gain on sale of SPS

YTD June 2015 FX Impact Foods

YTD June 2015(Clean Net Income)

SAR Mn

Group clean NI fell by around 22.4%9

Foods Highlights

10

Foods Highlights

3,103-7.9% vs.LY

5,922-8.3% vs. LY

507-6.1% vs. LY

906-7.5% vs. LY

135-35.7% vs. LY

191-37.3% vs. LY

931-0.4% vs. LY

1,7821.9% vs. LY

Y

T

D

Q

2

Net Income Volume

(‘000MT)Gross ProfitRevenue


11

YoY Sales

Foods Financial Highlights

5,922

YTD Jun’16

-8.3%

6,456

YTD Jun’15

906979

-7.5%


YoY Gross Profit


15.2% 15.3%

Q1’15

-8.6%

3,087 2,820

Q1’16

399439

-9.3%

Q1’16Q1’15

14.2% 14.1% 16.0% 16.3%

3,1033,369

-7.9%

Q2’16Q2’15

507540

Q2’16Q2’15

-6.1%

12

Growth Margin

549617

-11.0%


YoY EBITDA

Foods Financial Highlights

191

305

-37.4%


YoY NI


236275

-14.3%

Q1’16Q1’15

5695

Q1’16

-40.7%

Q1’15

3.1% 2.0% 6.2% 4.4%

8.9% 8.4% 10.1%10.2% 9.6% 9.3%

4.7% 3.2% 13

314342

Q2’16Q2’15

-8.3%

135210

Q2’16

-35.7%

Q2’15

Growth Margin

Revenue Breakdown By Category

4%

24%

5%

73%


5,922

22%

6,455

72%

-8.2%

OilYoY -8%

Sugar

YoY -13%

PastaYoY +7%


14

Revenue Breakdown By Geography

2%5%

4%

23%

8%

5,922

YTD Jun’16

21%

46%

7%4%

3%

16%

3%

YTD Jun’15

6,455

38%

20%

-8.2%

Algeria

YoY -8%

Iran

YoY -15%

Egypt

YoY -28%

Sudan

YoY -46%

Morocco

YoY +10%

KSA

YoY +10%

Turkey

YoY -9%


15

Volume Breakdown By Category

YTD Jun’16

7%

YTD Jun’15

45%50%

43%

1,782

47%

1,749

+1.9%

9%

OilYoY -9%

Sugar

YoY +11%

PastaYoY +19%

Thousand tonnes unless specified otherwise

16

Volume Breakdown By Geography

1,782

2%1,749

14%

YTD Jun’15 YTD Jun’16

+1.9%

4%

24%

3%

51%

2%

51%

22%

2%3%

2%

4%

15%

KSA

YoY +2%

Morocco

YoY +11%

Iran

YoY -6%

Turkey

YoY -8%

Sudan

YoY -3%

Egypt

YoY +7%

Algeria

YoY +12%

Thousand tonnes unless specified otherwise

17

Retail Highlights

18

Retail Highlights

3,874+2.4% vs.LY

7,145+2.5% vs. LY

782-3.8% vs. LY

1,607+4.8% vs. LY

-80NA vs. LY

-101NA vs. LY

73 Hyper4 Super

123 Hyper8 Super

1 Pandati

Y

T

D

Q

2

Net Income Stores

OpeningsGross ProfitRevenue


19

YoY Sales

Retail Financial Highlights

2.5%


7,1456,974

4.8%

1,607


1,534

YoY Gross Profit


22.0% 22.5%

Q1’16

3,271

Q1’15

3,192

2.5%

824720

14.5%

Q1’16Q1’1522.6% 25.2% 21.5% 20.2% 20

3,782 3,874

Q2’15

2.4%

Q2’16

782813

-3.8%

Q2’16Q2’15

Growth Margin

163

263

YTD Jun’16

-37.9%

YTD Jun’15

YoY EBITDA

Retail Financial Highlights

YoY NI


112110

Q1’16Q1’15

1.7%

-21

18

Q1’16Q1’15

0.6% -0.6 % 1.3% -2.1% 1.0% -1.4%

3.8% 2.3%3.5% 3.4% 4.0% 1.3%

21

51

153

-66.6%

Q2’15 Q1’16

-80

48

Q2’16Q2’15

-101

67


Growth Margin

Number of Stores and Selling Area

158154 0

ClosuresOpenings YTD’16

4

Q1’16

6764

Q1’16 Openings YTD’16Closures

03

2232329

OpeningsQ1’16

0

YTD’16Closures

4484507

YTD’16Closures

9

OpeningsQ1’16

TotalSelling Area

758,227 m2Selling Area

742,113 m2

Super Hyper

Pandati

22

Number of Stores – By Quarter

158152

2015

4

YTD’16Q2’16Q1’16

4 2

Closures

Super

6764

Q1’16

0

2015

3

Q2’16 Closures YTD’16

0

Hyper

282

22360

YTD’16Q2’16Q1’16

01

2015 Closures

Pandati

49844862

Closures YTD’16Q2’16Q1’16

7

2015

5

Total Selling Area

758,227 m2Selling Area

747,544 m2

23

Appendix

24

Quarterly Financials – Q1 2016

25

(all figures are in SAR millions)

Revenue Gross Profit EBIT Net Income EBITDA Revenue Gross Profit EBIT Net Income EBITDA

Food

Oil-Mature Markets 1,675 292 153 107 175 1,930 331 198 119 219

Oil-Start-up Markets* 273 39 14 9 18 354 66 33 25 37

Total Oil 1,949 331 168 117 193 2,284 396 231 144 256

Sugar 733 37 (3) (67) 24 682 21 (24) (52) 4

Pasta 138 31 13 6 18 121 22 9 3 15

Total Foods 2,820 399 177 56 236 3,087 439 217 95 275

Retail

KSA 3,191 810 2 (16) 112 3,118 709 30 17 108

Overseas 80 15 (1) (5) (0) 75 11 2 2 3

Total Retail 3,271 824 1 (21) 112 3,192 720 31 18 110

Real Estate 0 0 16 16 16 0 0 4 4 4

Herfy 0 0 28 28 28 0 0 29 29 29

Al Marai-Savola Share 0 0 112 112 112 0 0 112 112 112

HQ/Elimination/Impairments (68) 0 (48) (98) (48) (55) (0) (23) 212 (19)

Total 6,023 1,223 285 93 456 6,224 1,159 371 471 511

Adjustments

Impairments - -

Capital gains - (265)

Adjusted Profit 93 206

Segment Wise Financials

Q1- 2016 Q1- 2015

Quarterly Financials – Q2 2016

26

(all figures are in SAR millions)

Revenue Gross Profit EBIT Net Income EBITDA Revenue Gross Profit EBIT Net Income EBITDA

Food

Oil-Mature Markets 1,765 380 213 139 236 2,002 401 233 186 254

Oil-Start-up Markets* 288 38 14 9 17 368 57 29 21 33

Total Oil 2,053 418 227 148 253 2,370 458 261 207 287

Sugar 886 49 3 (31) 33 838 42 (0) (17) 28

Pasta 164 40 23 18 27 161 41 22 20 27

Total Foods 3,103 507 253 135 314 3,369 540 283 210 342

Retail

KSA 3,787 766 (61) (80) 50 3,701 801 59 46 149

Overseas 87 17 (0) 0 1 81 12 3 3 3

Total Retail 3,874 782 (61) (80) 51 3,782 813 61 48 153

Real Estate 0 0 0 0 0 0 0 5 5 5

Herfy 0 0 20 20 20 0 0 20 20 20

Al Marai-Savola Share 0 0 232 232 232 0 0 194 194 194

HQ/Elimination/Impairments (86) 0 (29) (60) (13) (114) (0) (21) (43) (17)

Total 6,890 1,290 414 247 604 7,036 1,353 543 434 697

Adjustments

Impairments - -

Capital gains - -

Adjusted Profit 247 434

Segment Wise Financials

Q2- 2016 Q2- 2015

investor presentation q2 2016 - microsoftyoy sales group financial highlights 13,260 ytd jun’16...

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