Jumbo S.a. · ATHEX:BELA
Jumbo — Investor Presentation (October 2017)
11 slides from Jumbo's investor presentation, October 2017
Slide 1: Corporate Presentation
Corporate Presentation October 2017 1
Slide 2: Company Overview
Company Overview • Hypermarket without food, fashion and electronics • 40,000 products with an average selling price of EUR 4.99 • Toys, baby and stationary products (core activity) represent 1/3 of sales • Market leader in Greece on the core activity • The largest modern warehouses in Balkans (360.
Slide 3: Store network
Store network • 71 stores in 4 countries • Average store area 9,000sqm • On-line operation (www.e-jumbo.gr) with dedicated distribution center • Franchise agreements to non EU countries. – 11 stores in 5 countries
Slide 4: Cost elements
Cost elements • 80% of the product is dollar denominated • Transportation: from 15% to 20% of cost of sales • Each store operates as a cost center • Favourable lease agreements • Wages - 48% of operating cost • Advertising - 2% of sales
Slide 5: FY 2016/2017 Results
FY 2016/2017 Results • Group Sales increased by 6,88% • Group’s EBITDA reached EUR 194,87 million increased by +6,10% • Net earnings increased by 8,04% for the Group • Proposition for dividend distribution for the fiscal year 2016/2017 more than 1/3 of the Group’s profit
Slide 6: Financial Results
Financial Results • 2013: includes the loss of approximately € 23.58 million concerning the impairment of the subsidiary company’s deposits at the Bank of Cyprus
Slide 7: Store roll out
Store roll out • Since 2012 the Group has invested in 19 new hyper- stores • Network of 25 stores in Romania; 8 in operation • Network restructuring in Greece; replacement of 1st generation stores • Opening of two new stores in Greece in the next three years • Opening of one more store in Bulgaria i
Slide 8: Latest Developments
Latest Developments • During the first quarter of the FY 2017/2018 Group’s sales increased approximately by 12% • Romania: o In November is expected the opening of the 9th store o 2 new hyper store will be added until the end of the current financial year • Greece: one new hyper store in the FY 2017
Slide 9: Financials - snapshot
Financials ‐ snapshot Jum bo (€ m ) Sum m ary P&L Account 2014 2015 2016 2017 Turnover 542 7,9% 583 7,5% 638 9,4% 681 6,9% COGS (254) (273) (300) (326) Gross Profit 288 9,5% 310 7,6% 338 9,1% 355 5,2% Gross Margin 53,1% 53,2% 53,0% 52,2% Other operating income (2) (2) (2) (1) General & Administrativ
Slide 10: Financials - snapshot
Financials ‐ snapshot Balance Sheet (€m ) Cash Flow (€m ) 2014 2015 2016 2017 2014 2015 2016 2017 Cash and cash equivalents 287,6 298,9 394,7 366,0 Cash generated 121,4 120,7 134,9 145,5 Trade receivables 30,7 15,5 32,6 34,6 Change in blocked bank deposit 13,3 7,1 - - Inventories 186,2 197,8 196,8 2
Slide 11: Shareholder Structure
Shareholder Structure Share Info Reuters Code BABr.AT Bloomberg Code BABY GA Market Cap (€ m) 1.929 IR contact [email protected]