Agility Public Warehousing Co. K.S.C. · KSE:MKHZN
Agility Public Warehousing Co. K.S.C — Agility Public Warehousing Company K.S.C.P. — Q3 2021 Earnings Presentation
19 slides from Agility Public Warehousing Co. K.S.C's earnings presentation, Nov 18, 2021
Slide 1: Agility Earnings Call Presentation Q3 2021 Results
Thursday, 18th November 2021 Agility Earnings Call Presentation Q3 2021 Results
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
Agenda 1 Q3 Key Highlights 2 Shareholders’ Return 3 Financial Performance 4 Strategic Priorities Going Forward 5 Q&A 3
Slide 4: Q3 Key Highlights
Q3 Key Highlights Net Profit Revenue
Slide 5: The DSV deal affirms Agility's global strategy & execution
The DSV deal affirms Agility’s global strategy & execution. Profits Agility’s Stake in DSV Equity Agility profits from the DSV Up 15% since deal announced Shareholder equity has deal total $3B increased by $3B $6.8B $3B $3B $3.8B 15% End of 2020 Q3 2021 $4.7B $4.1B Value of Value of shares as of sha
Slide 6: DSV is a strong investment for Agility – here's why
DSV is a strong investment for Agility – here’s why: Future Growth Cash Flow With a $4.7B* stake, Agility is the 2nd largest investor in the Estimated $200+M* yearly from DSV dividends and potential world’s 3rd largest freight forwarder participation in share buybacks *End of Q3 2021 *Based on manag
Slide 7: Shareholders' Return
Shareholders’ Return 7
Slide 8: Agility has been rewarding shareholders since 1997
Agility has been rewarding shareholders since 1997 Shareholder Value Returns Grew five-fold in last decade and 50x* since $10,000 dollars invested 10 years ago would be privatization (1997) $50,000 today Growth (Share Price Of which, cash Appreciation + Dividends) dividends paid $7B (5X) $9B (50X) $
Slide 9: Agility has outperformed the market
Agility has outperformed the market Market Performance Agility has outperformed the average return of the companies in the Kuwait Premier Market Index by 2.6x* Internal Rate of Market Capitalization Return (IRR) 24% $92.5B Agility 9% $7.3B Agility Average of Kuwait Premier Market Companies Average o
Slide 10: Financial Performance
Financial Performance 10
Slide 11: Group Summary Financial Performance (Q3)
Group Summary Financial Performance (Q3) KD Mn Revenue Net Revenue +27.7% +30.2% 124.5 65.8 97.5 50.6 Margin Margin 51.8% 52.9% Q3 2020 Q3 2021 Q3 2020 Q3 2021 EBIT Net Profit +6.6% +5,952.4% 19.6 18.4 926.9 Margin Margin Margin 18.9% 15.8% 744.5% Margin 15.7% 15.3 Q3 2020 Q3 2021 Q3 2020 Q3 2021 11
Slide 12: Group Summary Financial Performance (9M)
Group Summary Financial Performance (9M) KD Mn Revenue Net Revenue +17.9% +15.1% 344.7 185.8 292.4 161.4 Margin Margin 55.2% 53.9% 9M 2020 9M 2021 9M 2020 9M 2021 EBIT Net Profit +26.7% +3,002.7% 59.7 978.1 47.1 Margin Margin Margin 17.3% 283.8% 16.1% Margin 10.8% 31.5 9M 2020 9M 2021 9M 2020 9M 202
Slide 13: Highlights: Net Profit Contribution
Net Profit Contribution KD Mn +43.3% 35.5 Highlights 24.7 On 16 August 2021 Agility sold its entire equity interest Continued in GIL to DSV with effect from Operations 31 August 2021 resulting in a an exceptional gain in Q3 9M 2020 9M 2021 1 2021 Continued operations include the performance of o
Slide 14: Balance Sheet
Balance Sheet KD Mn Assets Equity & Liabilities Balance sheet Q3 2021 Q3 2020 Variance % 9.7% 12.4% Current assets 288.0 614.4 -326.3 -53.1% Current Assets Current Liabilities Non-Current assets 2,668.1 1,595.0 1,073.1 67.3% 16.5% Non current liabilities Total assets 2,956.1 2,209.4 746.8 33.8% Curr
Slide 15: Statement of Cash Flows from Continuing Operations (Non-GIL)
Statement of Cash Flows from Continuing Operations (Non-GIL) KD Mn Cash Flow Statement Q3 2021 Q3 2020 Variance % Capex Allocation Cash from Operating activities before changes in working capital 114.9 79.5 35.4 44.5% Changes in working capital -14.8 -6.8 -8.0 117.7% 75 100 94 118 141 96 624 Other I
Slide 16: Continued Operations Financial Performance
Continued Oerations Financial Performance Revenue Growth QTD ALP Performance has been in line 26.5% revenue growth. 11% revenue growth. The Logistics with 2020 results. Demand for This performance is driven by increase was primarily the warehousing space continues strong recovery in result of higher
Slide 17: Strategic Priorities Going Forward
Strategic Priorities Going Forward 17
Slide 18: Post Closing Agility's Profile
Post Closing Agility’s Profile Post Closing Profile Strategic, Controlled Strategic, non-controlled Future Investments Businesses businesses Strong balance sheet to Pre-COVD EBIT of ~KD 104mln Estimated Net Value of invest in the future ($345mln) KD 1.5bln (~$5.1bln) ALP DSV Digital Logistics
Slide 19: Q&A Session
Q&A Session 19
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