Agthia Group · ADX:AGTHIA
Agthia — Agthia Group PJSC — Investor Presentation (September 2019)
18 slides from Agthia's investor presentation, September 2019
Slide 1: Agthia Group PJSC Corporate Presentation
Agthia Group PJSC Corporate Presentation September 2019 1
Slide 2: Company Overview
acub! an ola Wa For Wholehearted Living COMPANY OVERVIEW
Slide 3: Agthia Group PJSC
AGTHIA GROUP PJSC Abu Dhabi based food & beverage For the year ended 31 Dec 2018, USD Millions public joint stock company except EPS and P/E Ratio manufacturing in 61 countries Net Revenues 548 11 factories and 18 warehouses Gross Profit 187 4 thousand employees exporting to more than 30 countries N
Slide 4: Our Shareholders
OUR SHAREHOLDERS A semi-government company with 51% owned by Senaat 5% Free About Free Float | @ 31 Dec 2018 Float, • 264 million shares held by 70k investors 44% • 5% owned by Emirates International Investment Company (EIIC) 51% • 48 million shares held by foreign1 investors About SENAAT | Major sh
Slide 5: Our Successful History
OUR SUCCESSFUL HISTORY A 40-year establishment built on a proud heritage • Acquisition of Al Bayan Government-owned and managed company Water Company in the • Acquisition of Al UAE Ain Vegetable 1978 • Flour Mills and Animal Feed Production • Distribution Launch of Al Company • Production and and ag
Slide 6: Our Mission, Vision and Core Values
OUR MISSION, VISION AND CORE VALUES Our Vision Our Mission To provide the nutritious, valued and To inspire healthier and happier lives through responsibly produced food, beverages and the wholehearted choices we offer. brands that nourish full and active lives, everyday. Our Values 6
Slide 7: Our Business Structure
OUR BUSINESS STRUCTURE Business Category Brands Production Locations Water & Beverages Bottled Water, 5-Gallon Water, UAE, KSA, Kuwait, Oman, Juice Drinks, Fresh Juice Turkey, Iraq (licensing agreement) Food Fruit Yogurt, Kids Yogurt, Flour, Processed Food, Ambient & UAE, Egypt Frozen Bakery, Dates,
Slide 8: Committed to Innovation
acubl ay dl! wan For Wholehearted Living COMMITTED TO INNOVATION
Slide 9: Water & Beverages
WATER &BEVERAGES 1) HPP juices for the first time in the region HPP Technology investment first time in the GCC Juice passed through High Pressure Remains fresh up to 21 days Retains nutrients for longer time 2) In 2016, the first ever Al Ain Zero, Zero Sodium bottle drinking water in the GC
Slide 10: Water & Beverages (Cont'd)
WATER &BEVERAGES (CONT’D) 3) In 2018, Al Ain Plus with Vitamin D, the world’s first Vitamin D enriched water 10% of the RDA Taste Unique functional water that was created in No identical No of Vitamin D colours to Al Ain flavours response to a major Vitamin D supplementation need Water in our regi
Slide 11: Water & Beverages (Cont'd)
WATER &BEVERAGES (CONT’D) 6) Al Ain Zero Bromate, first Zero-Bromate water Unique filtration technology Designed for people with kidney problems Suitable for pregnant women Sold in pharmacies and hospitals 7) Al Ain Water in Box First of its kind in the GCC Carry with you for camping E
Slide 12: Agri & Food Innovations
AGRI & FOOD INNOVATIONS 2017 2018 2019 FLOUR Vitamin D F1 Pashtun F1 Khobooz F1 Bakery Patent Flour F1 Loaf Bhatti Flour Flour Trading Items Logo & and packaging Frozen Vegetables Packing Re-vamp Okra Extra Saudi & change – Pure natural to AL AIN logo Peas and Carrot FOOD Turkish Coffee Tissue Packa
Slide 13: Financial Performance
acubl ay dl! wan For Wholehearted Living FANANCIAL PERFORMANCE
Slide 14: Net Revenues
NET REVENUES Transforming the business into a consumer-driven one in ten years Group Revenues, AED Share in Group Revenues, % 0.58B 1.33B 2.05B 2.00B 17% 36% 53% 54% Consumer | Water, Beverages and Food excl. Flour • > 50% of Group revenues 83% • Higher growth potential, profitability 64% 47% 46% Ag
Slide 15: Gross Profit Margin
GROSS PROFIT MARGIN 1,400 bps margin improvement in ten years Gross Profit Margin, % Subsidy Commodity cost rationalization hikes. High 2nd High Speed vulnerability with Bottling line higher Agri share 34.5 34.7 33.1 in business 32.0 AGTHIA Better revenue Low-margin Agri 26.2 27.1 28.0 mix, Cost 1st
Slide 16: Net Profit
NET PROFIT 6 percent CAGR over the last five years 300 20.0% 17.1% 17.6% 15.6% 18.0% 250 15.9% 15.4% 16.0% 14.1% EBITDA Margin 13.1% 14.0% • Like-for-like basis, 200 12.4% 12.6% 11.7% net profit posted 10.1% 12.0% 10.5% 10.5% 11.5% growth in Net Profit Margin 9.3% 150 10.0% 2018, driven by: 254 8.0%
Slide 17: Key Performance Ratios
KEY PERFORMANCE RATIOS Return on Total Assets 7% Return on Net Capital 12% Employed Return on Equity 11% Net Debt to Equity (Ratio) -3% Avg. Working Capital (Ratio to NR) 33% 17
Slide 18: Disclaimer – Forward-looking Statements
Disclaimer – Forward-looking Statements: Agthia Group PJSC and its management may make certain statements that constitute “forward-looking statements” with respect to the financial condition, results of operations and business of the Group. These statements can be identified by the fact that they do
Agthia Group PJSC — Investor Presentation (September 2019) on 6ix